Zacks Research Issues Negative Forecast for Lazard Earnings

Lazard, Inc. (NYSE:LAZ) – Analysts at Zacks Research lowered their Q4 2025 earnings estimates for Lazard in a report released on Tuesday, January 13th. Zacks Research analyst Team now expects that the asset manager will earn $0.66 per share for the quarter, down from their prior forecast of $0.83. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Lazard’s current full-year earnings is $4.24 per share. Zacks Research also issued estimates for Lazard’s Q3 2026 earnings at $0.92 EPS, Q4 2026 earnings at $1.12 EPS and Q4 2027 earnings at $1.06 EPS.

Lazard (NYSE:LAZ) last released its quarterly earnings data on Thursday, October 23rd. The asset manager reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.17. Lazard had a net margin of 8.89% and a return on equity of 35.02%. The firm had revenue of $770.76 million for the quarter, compared to analyst estimates of $739.91 million. During the same quarter in the prior year, the business earned $0.38 EPS. The company’s revenue for the quarter was down 4.7% compared to the same quarter last year.

Several other research analysts have also weighed in on the company. UBS Group began coverage on Lazard in a research report on Thursday, December 11th. They issued a “neutral” rating and a $54.00 target price on the stock. Keefe, Bruyette & Woods lowered their price target on Lazard from $60.00 to $59.00 and set an “outperform” rating for the company in a research note on Thursday, January 8th. Morgan Stanley cut their price objective on shares of Lazard from $61.00 to $59.00 and set an “underweight” rating on the stock in a research report on Tuesday, January 6th. The Goldman Sachs Group set a $46.00 target price on shares of Lazard and gave the company a “sell” rating in a research note on Thursday, October 23rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Lazard in a research report on Monday, December 29th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Lazard currently has an average rating of “Hold” and a consensus price target of $54.86.

Lazard Price Performance

Shares of NYSE:LAZ opened at $51.26 on Wednesday. The company has a current ratio of 2.58, a quick ratio of 2.58 and a debt-to-equity ratio of 1.92. Lazard has a 1 year low of $31.97 and a 1 year high of $58.07. The business has a fifty day simple moving average of $50.24 and a 200 day simple moving average of $51.81. The firm has a market cap of $5.78 billion, a price-to-earnings ratio of 20.26 and a beta of 1.38.

Lazard Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 14th. Shareholders of record on Monday, November 3rd were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, November 3rd. This represents a $2.00 dividend on an annualized basis and a yield of 3.9%. Lazard’s dividend payout ratio is presently 79.05%.

Hedge Funds Weigh In On Lazard

A number of institutional investors have recently modified their holdings of LAZ. Vanguard Group Inc. boosted its holdings in shares of Lazard by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 11,180,752 shares of the asset manager’s stock worth $590,120,000 after buying an additional 245,205 shares during the period. Ariel Investments LLC lifted its position in Lazard by 2.4% during the 2nd quarter. Ariel Investments LLC now owns 5,753,997 shares of the asset manager’s stock worth $276,077,000 after acquiring an additional 134,717 shares during the last quarter. State Street Corp lifted its position in Lazard by 9.3% during the 2nd quarter. State Street Corp now owns 2,108,229 shares of the asset manager’s stock worth $101,153,000 after acquiring an additional 180,244 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Lazard by 11.3% during the third quarter. Ameriprise Financial Inc. now owns 1,884,093 shares of the asset manager’s stock valued at $99,442,000 after acquiring an additional 192,008 shares during the period. Finally, Fisher Asset Management LLC grew its position in shares of Lazard by 1.2% in the third quarter. Fisher Asset Management LLC now owns 1,722,504 shares of the asset manager’s stock valued at $90,914,000 after purchasing an additional 20,591 shares during the last quarter. Institutional investors own 54.80% of the company’s stock.

Lazard Company Profile

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.