for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Lazard Ltd

LAZ.N

Latest Trade

45.37USD

Change

-0.24(-0.53%)

Volume

311,446

Today's Range

45.22

 - 

46.07

52 Week Range

20.95

 - 

46.93

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

Pricing

Previous Close
45.61
Open
46.07
Volume
311,446
3M AVG Volume
13.14
Today's High
46.07
Today's Low
45.22
52 Week High
46.93
52 Week Low
20.95
Shares Out (MIL)
112.77
Market Cap (MIL)
5,143.26
Forward P/E
16.79
Dividend (Yield %)
4.12

Next Event

Q4 2020 Lazard Ltd Earnings Call

Latest Developments

More

Lazard Ltd Reports Q3 And Nine-Month 2020 Results

Lazard Ltd Reports Q2 Adjusted Earnings Per Share $0.67

Lazard Reports June 2020 Assets Under Management

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

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

Scott D. Hoffman

Chief Administrative Officer, General Counsel

Tim Wielechowski

Managing Director

Key Stats

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

2017

2.7K

2018

2.8K

2019

2.5K

2020(E)

2.3K
EPS (USD)

2017

3.780

2018

4.160

2019

3.280

2020(E)

2.716
Price To Earnings (TTM)
18.04
Price To Sales (TTM)
2.06
Price To Book (MRQ)
6.90
Price To Cash Flow (TTM)
15.80
Total Debt To Equity (MRQ)
242.50
LT Debt To Equity (MRQ)
242.35
Return on Investment (TTM)
9.46
Return on Equity (TTM)
5.22

Latest News

Latest News

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.

Corporate activists flex muscles again with more campaigns in May: Lazard data

Corporate agitators who had tread lightly as the deadly coronavirus spread in March and April stepped up the pressure on global corporations by launching 16 new campaigns in May, including five in Japan, data from Lazard Ltd <LAZ.N> show.

Lazard boosts restructuring team as coronavirus-hit firms run into trouble

Lazard Ltd has bolstered its senior restructuring team as it seeks to win business from companies struggling to stay afloat in the midst of the economic turbulence caused by the global coronavirus pandemic.

Moelis hires former Lazard banker Renton for oil and gas team: memo

Moelis & Co <MC.N> has hired veteran oil and gas banker Mark Renton to work in its energy team, according to a memo seen by Reuters, the contents of which were confirmed by a spokeswoman.

BRIEF-Lazard Ltd Says CEO Kenneth Jacobs' FY 2019 Total Compensation Was $10.5 Mln - SEC Filing

* LAZARD LTD SAYS CEO KENNETH JACOBS' FY 2019 TOTAL COMPENSATION WAS $10.5 MILLION VERSUS $11.46 MILLION IN FY 2018 - SEC FILING

Lazard looks to brighter 2020 after bruising dealmaking slowdown

Investment bank Lazard Ltd <LAZ.N> said on Thursday net profit in 2019 slumped by 44% year on year, as last year's slowdown in corporate dealmaking weighed on earnings, but the company said fourth-quarter activity gave grounds for optimism in 2020.

Lazard Q4 profit down 32%, steeper than analysts' estimates

Investment bank Lazard Ltd on Thursday reported a 32% year-on-year drop in fourth-quarter net income, a steeper fall than analysts had estimated.

Spain's Abengoa hires Lazard in bid to strengthen its capital structure

Spanish renewable energy and engineering firm Abengoa <ABG.MC> announced on Thursday it had hired U.S. investment bank Lazard to study ways to reinforce its capital structure.

Lazard looks in-house for next crop of French rainmakers

Lazard's Jean-Louis Girodolle has no intention of becoming a "public figure" as he emerges from the shadow of Matthieu Pigasse as the investment bank's new boss in France.

Lazard axes 200 jobs as profit falls amid dealmaking slowdown

Lazard Ltd <LAZ.N> said on Thursday it had axed about 200 employees after a review of its business, as the investment bank reported a 21% drop in third-quarter adjusted net income amid a slowdown in worldwide deal activity.

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

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up