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Lazard Ltd

LAZ

Latest Trade

43.53USD

Change

-0.62(-1.40%)

Volume

265,970

Today's Range

43.04

 - 

43.73

52 Week Range

27.05

 - 

48.61

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
44.15
Open
43.29
Volume
265,970
3M AVG Volume
14.04
Today's High
43.73
Today's Low
43.04
52 Week High
48.61
52 Week Low
27.05
Shares Out (MIL)
112.77
Market Cap (MIL)
5,131.99
Forward P/E
11.29
Dividend (Yield %)
4.13

Next Event

Q2 2021 Lazard Ltd Earnings Release

Latest Developments

More

Lazard Reports Q1 Adjusted EPS Of $0.87

Lazard Reports March 2021 Assets Under Management

Lazard Ltd Reports Full-Year And Q4 2020 Results

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About Lazard Ltd

Lazard Ltd (Lazard) is a financial advisory and asset management company. The Company operates through two segments: Financial Advisory and Asset Management. It serves a range of clients around the world, including corporations, governments, institutions, partnerships and individuals. The Financial Advisory business segment offers corporate, partnership, institutional, government, sovereign and individual clients across the globe a range of financial advisory services regarding mergers and acquisitions (M&A) and other strategic matters, restructurings, capital structure, capital raising and various other financial matters to corporate, partnership, institutional, government, sovereign and individual clients. The Asset Management business provides investment solutions and investment management services in equity and fixed income strategies, alternative investments and private equity funds to corporations, public funds and sovereign entities.

Industry

Investment Services

Contact Info

Clarendon House

2 Church Street

HM 11

Bermuda

+1.441.2951422

https://www.lazard.com/

Executive Leadership

Kenneth M. Jacobs

Chairman of the Board, Chief Executive Officer

Alexander F. Stern

President

Evan L. Russo

Chief Financial Officer

Peter Orszag

Chief Executive Officer of Financial Advisory

Scott D. Hoffman

Chief Administrative Officer, General Counsel

Key Stats

2.40 mean rating - 10 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

2.8K

2019

2.5K

2020

2.5K

2021(E)

2.8K
EPS (USD)

2018

4.160

2019

3.280

2020

3.600

2021(E)

4.031
Price To Earnings (TTM)
12.25
Price To Sales (TTM)
1.85
Price To Book (MRQ)
6.31
Price To Cash Flow (TTM)
10.87
Total Debt To Equity (MRQ)
295.63
LT Debt To Equity (MRQ)
295.21
Return on Investment (TTM)
12.99
Return on Equity (TTM)
7.70

Latest News

Latest News

Italy's Edison readies stake sale in green production unit - sources

Italian energy group Edison, owned by France's EDF, is gearing up to sell a stake of up to 40% in its renewable energy generation arm as it seeks to capitalise on investor appetite for green assets, four sources familiar with the matter said.

Shell tells Tunisia it plans to exit upstream activities next year

Royal Dutch Shell has informed Tunisian authorities it will hand back upstream concessions and leave the country next year as it turns its focus to renewable energy, Rania Marzouki a senior official in the energy ministry, told Reuters.

Lazard first-quarter profit misses estimate as expenses weigh

Investment bank Lazard Ltd said on Friday its first-quarter profit narrowly missed Street estimates, as higher spending and a weaker-than-expected performance in its corporate business offset strength from record dealmaking activity.

Lazard first-quarter profit rises 52%

Investment bank Lazard Ltd reported a nearly 52% surge in first-quarter profit on Friday, as record deal-making activity powered its financial advisory business.

Two Lazard-backed SPACs aim to raise $500 million in IPOs

Two special purpose acquisition companies (SPACs) backed by investment bank Lazard Ltd are aiming to raise as much as $500 million in initial public offerings, according to regulatory filings on Monday.

Lazard fourth-quarter profit more than doubles as M&A activity surges

Investment bank Lazard Ltd reported a 147% surge in fourth-quarter profit on Friday, powered by growth in its financial advisory business as corporate dealmaking activity ended the year on a high.

Lazard fourth-quarter profit more than doubles as M&A activity surges

Investment bank Lazard Ltd reported a nearly 147% surge in fourth-quarter profit on Friday, powered by growth in its financial advisory business as corporate dealmaking activity ended the year on a high.

UPDATE 1-Lazard restructures in Australia amid M&A sector shake-up

Investment bank Lazard Ltd said on Friday it is reorganising its Australia operations, retaining its asset management arm in the country in-house but handing over mergers and acquisitions advisory services to a new, "affiliated" firm.

Lazard-backed SPAC aims to raise $500 million in IPO

A blank-check firm backed by investment bank Lazard Ltd is aiming to raise $500 million in a U.S. initial public offering (IPO), a regulatory filing showed on Monday.

Saudi NEOM JV working with Lazard on $5 billion hydrogen project - sources

A joint venture comprising Air Products, ACWA Power and NEOM has hired financial firm Lazard to advise it on a planned $5 billion hydrogen project in the NEOM high-tech business zone in Saudi Arabia, sources said.

Lazard snaps up PJT restructuring banker as COVID second wave hits

Lazard Ltd has hired restructuring banker Sam Whittaker from PJT Partners to oversee negotiations between companies and their creditors across Europe, the Middle East and Africa as a second wave of COVID-19 leaves many businesses fighting for survival.

Lazard quarterly profit beats estimates on M&A recovery

Investment bank Lazard Ltd <LAZ.N> comfortably beat quarterly profit expectations on Thursday thanks to a recovery in deal-making activity, although weakness in its asset management arm weighed.

Investment bank Lazard's quarterly profit falls 14%

Investment bank Lazard Ltd posted a 14% drop in its third-quarter profit on Thursday as subdued dealmaking activity due to the COVID-19 pandemic continued to weigh on earnings.

Suriname taps Lazard to advise on debt restructuring plan

Suriname has tapped French investment bank Lazard Ltd to help the South American nation refinance its foreign debt, President Chan Santokhi said on Thursday.

HSBC in final talks to sell French retail business at hefty loss: sources

Cerberus and a rival investment firm have told HSBC <HSBA.L> they would buy its French retail arm for a symbolic one euro provided the British bank ploughs more than 500 million euros ($582.70 million) into the business, sources told Reuters.

Euskaltel hires Lazard to sell broadband network: report

Spanish regional telecom operator Euskaltel <EKTL.MC> has hired investment bank Lazard <LAZ.N> to explore a potential sale of its broadband network, Expansion newspaper reported on Friday, citing unidentified market sources.

Lazard second-quarter earnings fall amid COVID-19 slump in dealmaking

Investment bank Lazard Ltd <LAZ.N> on Friday reported an 8% fall in second-quarter adjusted earnings per share, a smaller drop than analysts had expected, as the slowdown in corporate dealmaking due to the COVID-19 pandemic weighed.

Lazard gears up for post-COVID sovereign debt restructurings

More governments could be forced into negotiations with creditors this year as the coronavirus crisis piles further pressure onto countries already struggling with debt repayments, executives at investment bank Lazard said.

Corporate activist investors eye Europe, Japan more in first half: Lazard

Activist investors demanded more change at European and Japanese companies in the first half of 2020 while giving U.S. companies a pass, for now, new data from investment bank Lazard show.

REFILE-Soccer-Serie A picks Lazard as adviser to weigh private equity bids - sources

Serie A has picked Lazard to weigh the private equity bids for its broadcast rights business, two sources close to the matter said, as Italy's top-flight soccer league looks at ways to weather the financial storm triggered by the coronavirus.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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