FY2025 Earnings Estimate for Lazard Issued By Zacks Research

Lazard, Inc. (NYSE:LAZ) – Research analysts at Zacks Research increased their FY2025 EPS estimates for Lazard in a report issued on Thursday, November 13th. Zacks Research analyst Team now anticipates that the asset manager will earn $2.47 per share for the year, up from their prior estimate of $2.38. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Lazard’s current full-year earnings is $4.24 per share. Zacks Research also issued estimates for Lazard’s Q4 2025 earnings at $0.83 EPS.

Lazard (NYSE:LAZ) last announced its quarterly earnings results on Thursday, October 23rd. The asset manager reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.17. The company had revenue of $782.43 million for the quarter, compared to analyst estimates of $739.91 million. Lazard had a net margin of 8.89% and a return on equity of 35.02%. The firm’s revenue was down 4.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.38 EPS.

A number of other research analysts have also recently commented on LAZ. Morgan Stanley increased their price target on Lazard from $47.00 to $61.00 and gave the company an “underweight” rating in a research note on Monday, September 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Lazard in a report on Thursday. Keefe, Bruyette & Woods dropped their target price on Lazard from $60.00 to $58.00 and set an “outperform” rating for the company in a research report on Friday, October 24th. The Goldman Sachs Group set a $46.00 price target on Lazard and gave the company a “sell” rating in a research note on Thursday, October 23rd. Finally, BMO Capital Markets started coverage on Lazard in a research note on Friday, October 3rd. They issued a “market perform” rating and a $56.00 price objective for the company. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $55.00.

Lazard Stock Performance

Shares of Lazard stock opened at $47.79 on Monday. The company’s 50 day moving average price is $51.44 and its two-hundred day moving average price is $50.03. The firm has a market capitalization of $5.39 billion, a P/E ratio of 18.89 and a beta of 1.38. Lazard has a fifty-two week low of $31.97 and a fifty-two week high of $60.13. The company has a debt-to-equity ratio of 1.92, a current ratio of 2.58 and a quick ratio of 2.53.

Lazard Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Monday, November 3rd were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, November 3rd. Lazard’s dividend payout ratio (DPR) is 79.05%.

Insider Buying and Selling

In other Lazard news, CEO Peter Richard Orszag sold 32,475 shares of the firm’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $54.09, for a total transaction of $1,756,572.75. Following the completion of the transaction, the chief executive officer owned 183,274 shares in the company, valued at approximately $9,913,290.66. This trade represents a 15.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Michael Gathy sold 617 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $55.37, for a total transaction of $34,163.29. The SEC filing for this sale provides additional information. Insiders have sold a total of 108,092 shares of company stock valued at $6,030,986 over the last ninety days. 3.86% of the stock is owned by company insiders.

Hedge Funds Weigh In On Lazard

A number of hedge funds have recently bought and sold shares of LAZ. Envestnet Asset Management Inc. boosted its position in Lazard by 9.7% during the first quarter. Envestnet Asset Management Inc. now owns 287,574 shares of the asset manager’s stock valued at $12,452,000 after acquiring an additional 25,480 shares during the last quarter. CWM LLC raised its position in shares of Lazard by 1.8% in the 1st quarter. CWM LLC now owns 19,558 shares of the asset manager’s stock worth $847,000 after acquiring an additional 343 shares in the last quarter. Calton & Associates Inc. acquired a new position in shares of Lazard in the 1st quarter valued at about $28,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Lazard during the 1st quarter valued at about $237,000. Finally, Jackson Hole Capital Partners LLC boosted its position in shares of Lazard by 5.0% during the 1st quarter. Jackson Hole Capital Partners LLC now owns 36,229 shares of the asset manager’s stock valued at $1,569,000 after purchasing an additional 1,735 shares in the last quarter. Institutional investors own 54.80% of the company’s stock.

About Lazard

Lazard, Inc, together with its subsidiaries, operates as a financial advisory and asset management firm in North and South America, Europe, the Middle East, Asia, and Australia. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical advisory, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services.