LAZ 📈 Lazard - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: BMG540501027
LAZ: Financial Advisory, Asset Management, Investment Solutions
Lazard Ltd, listed on the New York Stock Exchange under the ticker LAZ, is a global financial advisory and asset management firm with operations spanning across North and South America, Europe, the Middle East, Asia, and Australia. The company's business is divided into two primary segments: Financial Advisory and Asset Management, each catering to a distinct set of client needs and offering specialized services. The Financial Advisory segment provides a broad range of services including mergers and acquisitions, capital markets advisory, shareholder and sovereign advisory, geopolitical advisory, and other strategic services. Additionally, this segment offers restructuring and liability management services, as well as capital raising and placement services, leveraging its expertise to assist clients in navigating complex financial situations and achieving their strategic objectives.
The Financial Advisory segment at Lazard serves a diverse client base, including corporations, partnerships, institutional investors, governments, sovereign entities, and individual clients, across various industry sectors such as consumer goods, financial institutions, healthcare and life sciences, industrials, power and energy, infrastructure, real estate, technology, telecommunications, and media and entertainment. This segment's ability to provide tailored advice and solutions is underpinned by the firm's deep industry knowledge, extensive global network, and significant transaction experience. By combining these elements, Lazard is able to deliver high-quality financial advisory services that meet the unique needs of its clients, whether they are seeking to expand through acquisitions, raise capital, or address complex financial challenges.
The Asset Management segment of Lazard offers a comprehensive suite of investment solutions designed to meet the diverse needs of its clients. These solutions include investment and wealth management services in equity and fixed income strategies, asset allocation strategies, and alternative investments such as private equity funds. The segment's client base is equally diverse, comprising corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. By providing access to a broad range of investment products and strategies, Lazard's Asset Management segment enables its clients to achieve their investment objectives, whether they are seeking long-term growth, income generation, or the management of specific investment risks.
With a history dating back to 1848, Lazard has established itself as one of the oldest and most respected financial advisory and asset management firms globally. Headquartered in New York, New York, the company is listed on the New York Stock Exchange and its common stock is traded under the ticker symbol LAZ. Lazard's rich history, combined with its global reach and commitment to providing exceptional client service, positions it as a leading player in the financial services industry, with a strong reputation for advising clients on their most critical financial decisions and managing their investments to achieve long-term success.
Additional Sources for LAZ Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
LAZ Stock Overview
Market Cap in USD | 4,945m |
Sector | Financial Services |
Industry | Capital Markets |
GiC Sub-Industry | Investment Banking & Brokerage |
IPO / Inception | 2005-05-05 |
LAZ Stock Ratings
Growth 5y | 48.7% |
Fundamental | 43.0% |
Dividend | 62.6% |
Rel. Strength Industry | 70.6 |
Analysts | 3.89/5 |
Fair Price Momentum | 55.85 USD |
Fair Price DCF | 175.03 USD |
LAZ Dividends
Dividend Yield 12m | 3.84% |
Yield on Cost 5y | 6.55% |
Annual Growth 5y | 0.93% |
Payout Consistency | 96.5% |
LAZ Growth Ratios
Growth Correlation 3m | 63.2% |
Growth Correlation 12m | 89% |
Growth Correlation 5y | 43% |
CAGR 5y | 11.21% |
CAGR/Mean DD 5y | 0.56 |
Sharpe Ratio 12m | 1.35 |
Alpha | 24.40 |
Beta | 1.34 |
Volatility | 34.97% |
Current Volume | 2505k |
Average Volume 20d | 881.9k |
As of December 22, 2024, the stock is trading at USD 52.04 with a total of 2,505,002 shares traded.
Over the past week, the price has changed by -1.81%, over one month by -5.30%, over three months by +4.20% and over the past year by +56.25%.
Partly, yes. Based on ValueRay Fundamental Analyses, Lazard (NYSE:LAZ) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 42.99 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of LAZ as of December 2024 is 55.85. This means that LAZ is currently overvalued and has a potential downside of 7.32%.
Lazard has received a consensus analysts rating of 3.89. Therefor, it is recommend to buy LAZ.
- Strong Buy: 3
- Buy: 3
- Hold: 2
- Sell: 1
- Strong Sell: 0
According to ValueRays Forecast Model, LAZ Lazard will be worth about 61.3 in December 2025. The stock is currently trading at 52.04. This means that the stock has a potential upside of +17.7%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 58.6 | 12.7% |
Analysts Target Price | 38 | -27% |
ValueRay Target Price | 61.3 | 17.7% |