Lazard (LAZ) to Announce Earnings on Thursday

Lazard (NYSE:LAZ) is projected to announce its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect the company to announce earnings of $0.3382 per share and revenue of $736.2880 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 23, 2026 at 8:00 AM ET.

Lazard (NYSE:LAZ) last posted its quarterly earnings results on Friday, May 1st. The asset manager reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.10). Lazard had a return on equity of 29.30% and a net margin of 8.47%.The company had revenue of $672.98 million during the quarter, compared to analyst estimates of $707.42 million. During the same period last year, the company posted $0.56 earnings per share. The company’s revenue was up 16.8% compared to the same quarter last year. On average, analysts expect Lazard to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Lazard Price Performance

Shares of NYSE:LAZ opened at $43.49 on Wednesday. The firm has a market cap of $4.86 billion, a price-to-earnings ratio of 17.19, a P/E/G ratio of 0.62 and a beta of 1.43. Lazard has a 1 year low of $38.67 and a 1 year high of $58.75. The company has a current ratio of 3.51, a quick ratio of 3.51 and a debt-to-equity ratio of 1.94. The business has a fifty day simple moving average of $44.36 and a 200 day simple moving average of $46.88.

Lazard Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 11th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Monday, May 11th. Lazard’s dividend payout ratio is presently 79.05%.

Hedge Funds Weigh In On Lazard

Several hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC bought a new position in Lazard during the fourth quarter valued at about $26,000. IFP Advisors Inc boosted its stake in shares of Lazard by 53.5% during the 3rd quarter. IFP Advisors Inc now owns 643 shares of the asset manager’s stock worth $34,000 after acquiring an additional 224 shares in the last quarter. State of Wyoming acquired a new position in shares of Lazard during the 2nd quarter valued at about $38,000. Triumph Capital Management acquired a new position in shares of Lazard during the 3rd quarter valued at about $42,000. Finally, US Bancorp DE raised its stake in shares of Lazard by 122.1% in the 3rd quarter. US Bancorp DE now owns 1,588 shares of the asset manager’s stock valued at $84,000 after acquiring an additional 873 shares in the last quarter. 54.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Zacks Research raised Lazard from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Keefe, Bruyette & Woods lowered their price target on Lazard from $49.00 to $44.00 and set a “market perform” rating for the company in a research note on Friday, July 10th. Citigroup restated an “outperform” rating on shares of Lazard in a report on Friday, April 10th. Weiss Ratings raised shares of Lazard from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, July 15th. Finally, UBS Group reaffirmed a “neutral” rating and set a $44.00 price objective on shares of Lazard in a research report on Tuesday, June 9th. Four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Lazard currently has an average rating of “Hold” and an average target price of $51.00.

About Lazard

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.