Lazard, Inc. (LAZ) To Go Ex-Dividend on August 3rd

Posted by Stanley Muller on Aug 1st, 2026

Lazard, Inc. (NYSE:LAZ – Get Free Report) announced a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Monday, August 3rd will be paid a dividend of 0.50 per share by the asset manager on Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Monday, August 3rd.

Lazard has raised its dividend payment by an average of 0.0%annually over the last three years. Lazard has a payout ratio of 53.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Lazard to earn $4.01 per share next year, which means the company should continue to be able to cover its $2.00 annual dividend with an expected future payout ratio of 49.9%.

Lazard Stock Up 1.1%

Shares of NYSE LAZ opened at $42.41 on Friday. The company has a market cap of $4.69 billion, a price-to-earnings ratio of 20.79, a price-to-earnings-growth ratio of 0.88 and a beta of 1.43. The firm’s 50-day simple moving average is $43.77 and its 200 day simple moving average is $46.47. The company has a quick ratio of 3.51, a current ratio of 2.84 and a debt-to-equity ratio of 1.87. Lazard has a 12-month low of $38.67 and a 12-month high of $58.75.

Lazard (NYSE:LAZ – Get Free Report) last released its quarterly earnings data on Friday, July 24th. The asset manager reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.22). Lazard had a net margin of 6.95% and a return on equity of 23.58%. The business had revenue of $786.47 million during the quarter, compared to analyst estimates of $736.29 million. During the same period in the previous year, the business earned $0.52 earnings per share. The business’s quarterly revenue was up 1.5% on a year-over-year basis. On average, research analysts expect that Lazard will post 2.18 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on LAZ. Keefe, Bruyette & Woods reduced their price objective on Lazard from $44.00 to $42.00 and set a “market perform” rating on the stock in a research note on Friday, July 24th. Citizens Jmp cut their price target on Lazard from $65.00 to $60.00 and set a “market outperform” rating on the stock in a report on Friday, April 10th. Citigroup reissued a “market outperform” rating on shares of Lazard in a research note on Friday, July 24th. Zacks Research raised shares of Lazard from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Finally, UBS Group restated a “neutral” rating and set a $44.00 price target on shares of Lazard in a report on Tuesday, June 9th. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Lazard currently has an average rating of “Hold” and a consensus target price of $50.38.

Check Out Our Latest Stock Analysis on LAZ

About Lazard

(Get Free Report)

Lazard Ltd. (NYSE: LAZ) is a leading global financial advisory and asset management firm, offering a comprehensive suite of services to corporations, governments and individuals. Founded in 1848, Lazard has built a reputation for providing independent advice and innovative solutions in complex financial transactions. The firm is publicly traded on the New York Stock Exchange under the ticker symbol LAZ and maintains its headquarters in Hamilton, Bermuda.

In its Financial Advisory segment, Lazard assists clients with mergers and acquisitions, restructurings, capital structure optimization and strategic planning.

Lazard, Inc. (LAZ) To Go Ex-Dividend on August 3rd

Lazard Stock Up 1.1%

Analyst Ratings Changes

About Lazard

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