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How to buy Lazard (LAZ) stocks in Canada

Learn how to easily invest in Lazard stocks.

Lazard is a capital markets business based in the US. Lazard stocks (LAZ.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $46.4 – a decrease of 5.64% over the previous week. Lazard employs 3,161 staff and has a trailing 12-month revenue of around $3.1 billion.

How to buy shares in Lazard

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. 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.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Lazard stock price (NYSE:LAZ)

Use our graph to track the performance of LAZ stocks over time.

Lazard shares at a glance

Information last updated 2022-01-17.
Latest market close$41.84
52-week range$37.55 - $52.49
50-day moving average $44.97
200-day moving average $46.39
Wall St. target price$53.25
PE ratio 12.2321
Dividend yield $1.88 (4.24%)
Earnings per share (TTM) $4.43

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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.

Lazard price performance over time

Historical closes compared with the close of $41.84 from 2022-01-21

1 week (2022-01-14) -5.64%
1 month (2021-12-22) -3.06%
3 months (2021-10-22) -19.92%
6 months (2021-07-22) -5.06%
1 year (2021-01-22) -3.68%
2 years (2020-01-22) -3.10%
3 years (2019-01-22) 9.64%
5 years (2017-01-20) 3.03%

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 2.8916. 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.

Lazard financials

Revenue TTM $3.1 billion
Operating margin TTM 22.03%
Gross profit TTM $2.3 billion
Return on assets TTM 8.63%
Return on equity TTM 6351.75%
Profit margin 16.55%
Book value $8.50
Market capitalisation $5 billion

TTM: trailing 12 months

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.

Lazard share dividends

39%

Dividend payout ratio: 39.25% of net profits

Recently Lazard has paid out, on average, around 39.25% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.24% 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 4.24% 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 18 November 2021. The latest dividend was paid out to all shareholders who bought their shares by 4 November 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 $37.5517 up to $52.4867. A popular way to gauge a stock's volatility is its "beta".

LAZ.US volatility(beta: 1.52)Avg. volatility(beta: 1.00)LowHigh

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 1.517. 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 overview

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. .

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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