Profile
Sector:
Financial ServicesIndustry:
Capital MarketsCountry:
United StatesIPO:
05 May 2005Website:
http://www.lazard.comNext earnings report:
31 January 2025Last dividends:
05 August 2024Next dividends:
08 November 2024Price
after hours | Fri, 01 Nov 2024 21:38:35 GMTAnalysts recommendations
Institutional Ownership
LAZ Latest News
Lazard has been hiring more aggressively than peers, and it's helped them bag a leading quarter. The private capital advisory business is performing well, not so much on transaction volume from PE but from activity in newfound markets like secondary fund-stake deals. Other than that, overall M&A has been strong, they say, particularly in Europe, and restructuring has also been delivering very robust results.
A rise in LAZ's operating expenses hurt its third-quarter 2024 results. Improvement in AUM balances offers support.
Lazard (LAZ) came out with quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.10 per share a year ago.
Investment bank Lazard's profit surged in the third quarter, driven by an industry-wide recovery in dealmaking.
Peter Orszag, Lazard CEO, joins CNBC's 'Money Movers' to discuss Lazard earnings, inflation, the economy, and more.
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.50 per share on its outstanding common stock. The dividend is payable on November 15, 2024, to stockholders of record on November 8, 2024. About Lazard Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard pr.
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that its subsidiary Lazard Group LLC (“Lazard Group”) will redeem all of the issued and outstanding 3.750% Senior Notes due February 13, 2025 (the “Notes”) on December 12, 2024 (the “Redemption Date”). The Notes were issued pursuant to the Indenture, dated as of May 10, 2005 (as amended, the “Indenture”), between Lazard Group and The Bank of New York Mellon, as trustee, and have an aggregate principal amount outstanding of $164.
NEW YORK , Oct. 30, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Lazard, Inc. (NYSE: LAZ) on behalf of the company's shareholders. The investigation seeks to determine whether Lazard's directors breached their fiduciary duties in connection with recent corporate actions.
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14941 per share on the Fund's outstanding common stock. The distribution is payable on November 22, 2024 to shareholders of record on November 12, 2024. The ex-dividend date is November 12, 2024. The Fund will pay a previously declared distribution tod.
LONDON & PARIS--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that Fabien Antignac is joining the firm on 4th November 2024 as Managing Director and Co-Head of European Debt Advisory and Capital Solutions. Alongside existing Co-Heads of European Debt Advisory and Capital Solutions François Guichot-Pérère and Tom Howard, Mr. Antignac will co-lead the European Debt Advisory and Capital Solutions team. He will work with our country, sector and product teams across Europe as Lazard cont.
What type of business is Lazard Ltd?
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. This segment offers its services to corporate, partnership, institutional, government, sovereign, and individual clients to various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, real estate, technology, telecommunication, and media and entertainment. The Asset Management segment offers a range of investment solutions; investment and wealth management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard, Inc. was incorporated in 1848 and is headquartered in New York, New York.
What sector is Lazard Ltd in?
Lazard Ltd is in the Financial Services sector
What industry is Lazard Ltd in?
Lazard Ltd is in the Capital Markets industry
What country is Lazard Ltd from?
Lazard Ltd is headquartered in United States
When did Lazard Ltd go public?
Lazard Ltd initial public offering (IPO) was on 05 May 2005
What is Lazard Ltd website?
https://www.lazard.com
Is Lazard Ltd in the S&P 500?
No, Lazard Ltd is not included in the S&P 500 index
Is Lazard Ltd in the NASDAQ 100?
No, Lazard Ltd is not included in the NASDAQ 100 index
Is Lazard Ltd in the Dow Jones?
No, Lazard Ltd is not included in the Dow Jones index
When was Lazard Ltd the previous earnings report?
No data
When does Lazard Ltd earnings report?
The next expected earnings date for Lazard Ltd is 31 January 2025