Lazard (NYSE:LAZ – Get Free Report) is expected to be posting its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect the company to post earnings of $0.4194 per share and revenue of $844.23 million for the quarter. Parties may visit the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 22, 2026 at 8:00 AM ET.
Lazard (NYSE:LAZ – Get Free Report) last issued its quarterly earnings data on Friday, July 24th. The asset manager reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.22). The firm had revenue of $786.47 million during the quarter, compared to analyst estimates of $736.29 million. Lazard had a return on equity of 23.58% and a net margin of 6.95%. Lazard’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.52 earnings per share. On average, analysts expect Lazard to post $2.01 EPS for the current fiscal year and $3.77 EPS for the next fiscal year.
Lazard Price Performance
NYSE LAZ opened at $35.71 on Tuesday. The company has a current ratio of 2.84, a quick ratio of 2.84 and a debt-to-equity ratio of 1.87. The company has a fifty day simple moving average of $39.88 and a 200 day simple moving average of $43.07. The company has a market cap of $3.95 billion, a P/E ratio of 17.51, a P/E/G ratio of 1.15 and a beta of 1.47. Lazard has a 1 year low of $34.13 and a 1 year high of $58.75.
Lazard Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 5.6%. The ex-dividend date was Monday, August 3rd. Lazard’s dividend payout ratio (DPR) is 98.04%.
Analyst Ratings Changes
A number of equities research analysts have issued reports on LAZ shares. UBS Group decreased their price target on shares of Lazard from $44.00 to $40.00 and set a “neutral” rating for the company in a report on Wednesday, October 7th. Capital One Financial set a $38.00 price target on Lazard in a research report on Tuesday, October 6th. Citigroup reiterated a “market outperform” rating on shares of Lazard in a research note on Friday, July 24th. The Goldman Sachs Group dropped their price objective on Lazard from $36.00 to $32.00 and set a “sell” rating on the stock in a research note on Tuesday, October 13th. Finally, Keefe, Bruyette & Woods cut their price objective on Lazard from $44.00 to $42.00 and set a “market perform” rating for the company in a research report on Friday, July 24th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $46.25.
View Our Latest Stock Analysis on LAZ
Insider Activity
In other news, CEO Peter Orszag sold 125,000 shares of the firm’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $43.52, for a total value of $5,440,000.00. Following the sale, the chief executive officer owned 260,942 shares in the company, valued at approximately $11,356,195.84. This trade represents a 32.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.95% of the company’s stock.
Lazard Company Profile
Lazard, Ltd. is a global financial advisory and asset management firm that serves corporations, financial institutions, governments, sovereign entities and individuals. Its Financial Advisory business provides advice on mergers and acquisitions, strategic matters, capital structure, restructuring, capital raising and other complex financial transactions.
Through its Asset Management business, Lazard offers investment strategies across equities, fixed income, private markets, alternatives and multi-asset portfolios.
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