What is Zacks Research’s Estimate for Lazard Q1 Earnings?

Lazard, Inc. (NYSE:LAZ) – Analysts at Zacks Research lowered their Q1 2025 earnings estimates for Lazard in a research report issued to clients and investors on Tuesday, December 3rd. Zacks Research analyst R. Department now expects that the asset manager will earn $0.81 per share for the quarter, down from their previous forecast of $0.83. The consensus estimate for Lazard’s current full-year earnings is $2.27 per share. Zacks Research also issued estimates for Lazard’s Q4 2025 earnings at $1.48 EPS, FY2025 earnings at $4.18 EPS, Q3 2026 earnings at $1.44 EPS and FY2026 earnings at $5.61 EPS.

A number of other research analysts have also weighed in on the stock. Wells Fargo & Company initiated coverage on shares of Lazard in a research report on Thursday, September 12th. They set an “equal weight” rating and a $51.00 target price for the company. Keefe, Bruyette & Woods boosted their price objective on Lazard from $59.00 to $65.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Morgan Stanley increased their target price on Lazard from $56.00 to $60.00 and gave the company an “overweight” rating in a research note on Monday, September 23rd. UBS Group lifted their price target on Lazard from $49.00 to $52.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 8th. Finally, JMP Securities increased their price objective on Lazard from $55.00 to $59.00 and gave the company a “market outperform” rating in a research report on Friday, November 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $53.00.

Lazard Price Performance

Shares of Lazard stock opened at $55.82 on Friday. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 2.72. The firm has a fifty day simple moving average of $53.82 and a 200-day simple moving average of $47.28. The stock has a market capitalization of $6.29 billion, a price-to-earnings ratio of 22.24 and a beta of 1.38. Lazard has a 1-year low of $30.96 and a 1-year high of $61.14.

Lazard (NYSE:LAZ) last posted its earnings results on Thursday, October 31st. The asset manager reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.03). Lazard had a return on equity of 42.20% and a net margin of 8.28%. The company had revenue of $646.00 million during the quarter, compared to analyst estimates of $644.22 million. During the same quarter last year, the firm posted $0.10 earnings per share. The firm’s revenue for the quarter was up 21.4% compared to the same quarter last year.

Lazard Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 8th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date was Friday, November 8th. Lazard’s dividend payout ratio is presently 79.68%.

Hedge Funds Weigh In On Lazard

Hedge funds have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB bought a new stake in Lazard in the third quarter valued at about $2,322,000. TD Private Client Wealth LLC boosted its holdings in Lazard by 1.7% during the third quarter. TD Private Client Wealth LLC now owns 69,760 shares of the asset manager’s stock valued at $3,515,000 after purchasing an additional 1,190 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Lazard by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 1,813,553 shares of the asset manager’s stock valued at $91,392,000 after purchasing an additional 15,151 shares during the period. MML Investors Services LLC acquired a new position in shares of Lazard in the 3rd quarter worth approximately $296,000. Finally, Orion Portfolio Solutions LLC lifted its position in shares of Lazard by 7.6% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 28,142 shares of the asset manager’s stock worth $1,418,000 after buying an additional 1,987 shares during the period. Institutional investors and hedge funds own 54.80% of the company’s stock.

Lazard Company Profile

Lazard, Inc, together with its subsidiaries, operates as a financial advisory and asset management firm in North and South America, Europe, the Middle East, Asia, and Australia. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical advisory, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services.