Lazard Ltd is a capital markets business based in the US. Lazard shares (LAZ) are listed on the NYSE and all prices are listed in US Dollars. Lazard employs 3,089 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Lazard
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- Research the stock. Find the stock by name or ticker symbol – LAZ – and research it before deciding if it's a good investment for you.
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- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
Lazard stock price (NYSE: LAZ)Use our graph to track the performance of LAZ stocks over time.
Lazard shares at a glance
|Latest market close||$47.18|
|52-week range||$26.16 - $48.61|
|50-day moving average||$45.51|
|200-day moving average||$44.34|
|Wall St. target price||$52.78|
|Dividend yield||$1.88 (4.17%)|
|Earnings per share (TTM)||$3.73|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Lazard stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Lazard price performance over time
|1 week (2021-07-12)||1.11%|
|1 month (2021-06-23)||5.93%|
|3 months (2021-04-19)||N/A|
|6 months (2021-01-19)||N/A|
|1 year (2020-07-19)||N/A|
|2 years (2019-07-19)||N/A|
|3 years (2018-07-19)||N/A|
|5 years (2016-07-19)||N/A|
Is Lazard under- or over-valued?
Valuing Lazard stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lazard's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Lazard's P/E ratio
Lazard's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Lazard shares trade at around 12x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Lazard's PEG ratio
Lazard's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.8433. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Lazard's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||$2.7 billion|
|Operating margin TTM||20.65%|
|Gross profit TTM||$2.3 billion|
|Return on assets TTM||7.7%|
|Return on equity TTM||43.49%|
|Market capitalisation||$4.6 billion|
TTM: trailing 12 months
Shorting Lazard shares
There are currently 2.7 million Lazard shares held short by investors – that's known as Lazard's "short interest". This figure is 15.6% up from 2.4 million last month.
There are a few different ways that this level of interest in shorting Lazard shares can be evaluated.
Lazard's "short interest ratio" (SIR)
Lazard's "short interest ratio" (SIR) is the quantity of Lazard shares currently shorted divided by the average quantity of Lazard shares traded daily (recently around 626409.1954023). Lazard's SIR currently stands at 4.35. In other words for every 100,000 Lazard shares traded daily on the market, roughly 4350 shares are currently held short.
However Lazard's short interest can also be evaluated against the total number of Lazard shares, or, against the total number of tradable Lazard shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Lazard's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Lazard shares in existence, roughly 30 shares are currently held short) or 0.0268% of the tradable shares (for every 100,000 tradable Lazard shares, roughly 27 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Lazard.
Find out more about how you can short Lazard stock.
Lazard's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Lazard.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Lazard's total ESG risk score
Total ESG risk: 25.07
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Lazard's overall score of 25.07 (as at 12/31/2018) is nothing to write home about – landing it in it in the 44th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Lazard is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Lazard's environmental score
Environmental score: 0.47/100
Lazard's environmental score of 0.47 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Lazard is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Lazard's social score
Social score: 11.05/100
Lazard's social score of 11.05 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Lazard is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Lazard's governance score
Governance score: 12.55/100
Lazard's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Lazard is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Lazard's controversy score
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Lazard scored a 1 out of 5 for controversy – the highest score possible, reflecting that Lazard has managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||25.07|
|Total ESG percentile||43.68|
|Environmental score percentile||2|
|Social score percentile||2|
|Governance score percentile||2|
|Level of controversy||1|
Lazard share dividends
Dividend payout ratio: 48.58% of net profits
Recently Lazard has paid out, on average, around 48.58% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.17% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Lazard shareholders could enjoy a 4.17% return on their shares, in the form of dividend payments. In Lazard's case, that would currently equate to about $1.88 per share.
While Lazard's payout ratio might seem fairly standard, it's worth remembering that Lazard may be investing much of the rest of its net profits in future growth.
Lazard's most recent dividend payout was on 20 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 6 May 2021 (the "ex-dividend date").
Lazard share price volatility
Over the last 12 months, Lazard's shares have ranged in value from as little as $26.1621 up to $48.61. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Lazard's is 1.5675. This would suggest that Lazard's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. Its Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions, capital advisory, restructurings, shareholder advisory, sovereign advisory, capital raising, and other strategic advisory matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients across various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, and real estate, as well as technology, media, and telecommunications. The company's Asset Management segment offers a range of investment solutions and investment management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard Ltd was founded in 1848 and is based in Hamilton, Bermuda. .
Lazard in the news
Hedge Funds Are Cashing Out Of Lazard Ltd (LAZ)
Shulman DeMeo Asset Management LLC Buys Blackrock Core Bond Trust, Blackrock Enhanced Government Fund Inc, First Trust Preferred Securities and Income ETF, Sells SPDR Dow Jones Industrial Average ETF, iShares MSCI EAFE ETF, iShares Core S&P Small-Cap ETF
Frequently asked questionsWhat percentage of Lazard is owned by insiders or institutions?
Currently 3.027% of Lazard shares are held by insiders and 74.708% by institutions. How many people work for Lazard?
Latest data suggests 3,089 work at Lazard. When does the fiscal year end for Lazard?
Lazard's fiscal year ends in December. Where is Lazard based?
Lazard's address is: Clarendon House, Hamilton, Bermuda, HM11 What is Lazard's ISIN number?
Lazard's international securities identification number is: BMG540501027 What is Lazard's CUSIP number?
Lazard's Committee on Uniform Securities Identification Procedures number is: G54050102
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