Lazard Stock Today

LAZ Stock  USD 58.07  0.35  0.61%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 33

 
High
 
Low
Below Average
Lazard is trading at 58.07 as of the 30th of November 2024; that is 0.61 percent increase since the beginning of the trading day. The stock's open price was 57.72. Lazard has about a 33 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for Lazard are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
5th of May 2005
Classification
Financials
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. The company was founded in 1848 and is based in Hamilton, Bermuda. Lazard is traded on New York Stock Exchange in the United States.. The company has 90.47 M outstanding shares of which 2.76 M shares are now shorted by investors with about 3.1 days to cover. More on Lazard

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Lazard Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOAlexander Stern
Business ConcentrationInvestment Banking & Brokerage, Financial Services, NYSE Composite, Financials, Capital Markets, Capital Markets, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.590.5503
Notably Up
Pretty Stable
Gross Profit Margin0.270.2372
Fairly Up
Pretty Stable
Total Current Liabilities856.6 MB
Significantly Down
Slightly volatile
Non Current Liabilities Total3.2 BB
Sufficiently Up
Slightly volatile
Total Assets4.4 B4.6 B
Notably Down
Slightly volatile
Total Current Assets1.7 B971.3 M
Way Up
Slightly volatile
Total Cash From Operating Activities156.4 M164.7 M
Notably Down
Very volatile
Debt Levels
Lazard can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lazard's financial leverage. It provides some insight into what part of Lazard's total assets is financed by creditors.
Liquidity
Lazard has 2.18 B in debt with debt to equity (D/E) ratio of 1.82, which is OK given its current industry classification. Lazard has a current ratio of 7.21, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Lazard to invest in growth at high rates of return.

Other Cashflows From Financing Activities

(1.23 Billion)
Lazard (LAZ) is traded on New York Stock Exchange in USA. It is located in 30 Rockefeller Plaza, New York, NY, United States, 10112 and employs 3,249 people. Lazard is listed under Investment Banking & Brokerage category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 5.25 B. Lazard runs under Capital Markets sector within Financials industry. The entity has 90.47 M outstanding shares of which 2.76 M shares are now shorted by investors with about 3.1 days to cover. Lazard has about 2.01 B in cash with 164.66 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.99.
Check Lazard Probability Of Bankruptcy
Ownership Allocation
Lazard maintains a total of 90.47 Million outstanding shares. The majority of Lazard outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Lazard to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Lazard. Please pay attention to any change in the institutional holdings of Lazard as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Lazard Ownership Details

Lazard Stock Institutional Holders

InstituionRecorded OnShares
Hhg Plc2024-06-30
1.8 M
Two Sigma Advisers, Llc2024-06-30
1.3 M
Ing Investment Management Llc2024-06-30
1.3 M
Norges Bank2024-06-30
1.3 M
Charles Schwab Investment Management Inc2024-09-30
1.1 M
Victory Capital Management Inc.2024-09-30
1.1 M
Royce & Associates, Lp2024-09-30
916.5 K
Two Sigma Investments Llc2024-09-30
887.4 K
Dimensional Fund Advisors, Inc.2024-09-30
874.3 K
Vanguard Group Inc2024-09-30
10.7 M
Fmr Inc2024-09-30
9.6 M
View Lazard Diagnostics

Lazard Historical Income Statement

At this time, Lazard's Interest Expense is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 419.5 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 1.8 B in 2024. View More Fundamentals

Lazard Stock Against Markets

Lazard Corporate Directors

Richard HaassIndependent DirectorProfile
Philip LaskawyIndependent DirectorProfile
Richard ParsonsLead Independent DirectorProfile
Sylvia JayIndependent DirectorProfile

Additional Tools for Lazard Stock Analysis

When running Lazard's price analysis, check to measure Lazard's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lazard is operating at the current time. Most of Lazard's value examination focuses on studying past and present price action to predict the probability of Lazard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lazard's price. Additionally, you may evaluate how the addition of Lazard to your portfolios can decrease your overall portfolio volatility.