Zacks Research Estimates Lazard’s FY2025 Earnings (NYSE:LAZ)

Lazard, Inc. (NYSE:LAZ) – Stock analysts at Zacks Research reduced their FY2025 EPS estimates for shares of Lazard in a research note issued to investors on Tuesday, January 13th. Zacks Research analyst Team now forecasts that the asset manager will post earnings of $2.30 per share for the year, down from their previous forecast of $2.47. Zacks Research 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 Q1 2026 earnings at $0.84 EPS, Q2 2026 earnings at $0.72 EPS, FY2026 earnings at $3.60 EPS, Q3 2027 earnings at $1.36 EPS and FY2027 earnings at $5.20 EPS.

Lazard (NYSE:LAZ) last posted its quarterly earnings results on Thursday, October 23rd. The asset manager reported $0.56 earnings per share for the quarter, topping 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 the consensus estimate of $739.91 million. During the same period last year, the firm posted $0.38 earnings per share. The company’s revenue for the quarter was down 4.7% on a year-over-year basis.

Other equities analysts also recently issued research reports about the company. UBS Group initiated coverage on Lazard in a research report on Thursday, December 11th. They set a “neutral” rating and a $54.00 price objective on the stock. Keefe, Bruyette & Woods reduced their price target on Lazard from $60.00 to $59.00 and set an “outperform” rating on the stock in a report on Thursday, January 8th. BMO Capital Markets started coverage on shares of Lazard in a research report on Friday, October 3rd. They set a “market perform” rating and a $56.00 price target on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Lazard in a research report on Monday, December 29th. Finally, Morgan Stanley reduced their target price on shares of Lazard from $61.00 to $59.00 and set an “underweight” rating on the stock in a research note on Tuesday, January 6th. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $54.86.

Lazard Trading Down 0.7%

Shares of Lazard stock opened at $53.36 on Thursday. The company has a debt-to-equity ratio of 1.92, a current ratio of 2.58 and a quick ratio of 2.58. The stock’s 50 day simple moving average is $50.42 and its 200-day simple moving average is $51.86. The stock has a market cap of $6.02 billion, a P/E ratio of 21.09 and a beta of 1.38. Lazard has a 1-year low of $31.97 and a 1-year high of $58.07.

Institutional Investors Weigh In On Lazard

A number of institutional investors have recently modified their holdings of the company. IFP Advisors Inc grew its position in shares of Lazard by 53.5% during the 3rd quarter. IFP Advisors Inc now owns 643 shares of the asset manager’s stock valued at $34,000 after buying an additional 224 shares during the last quarter. Costello Asset Management INC bought a new position in shares of Lazard during the third quarter valued at approximately $37,000. State of Wyoming acquired a new stake in shares of Lazard during the 2nd quarter worth approximately $38,000. Triumph Capital Management acquired a new stake in shares of Lazard during the 3rd quarter worth approximately $42,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Lazard by 57.2% in the 2nd quarter. GAMMA Investing LLC now owns 918 shares of the asset manager’s stock worth $44,000 after purchasing an additional 334 shares during the last quarter. 54.80% of the stock is owned by institutional investors and hedge funds.

Lazard Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 14th. Shareholders of record on Monday, November 3rd were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Monday, November 3rd. Lazard’s dividend payout ratio is 79.05%.

Lazard News Roundup

Here are the key news stories impacting Lazard this week:

• Positive Sentiment: Lazard executive Ron Temple said AI-driven productivity gains in the U.S. are likely to materialize starting next year and sooner in other markets — a comment investors may view as signaling Lazard’s awareness of secular drivers that could boost advisory deal flow and efficiency over time. AI impact on US productivity likely from next year, sooner elsewhere: Lazard’s Ron Temple
• Neutral Sentiment: Market commentary pieces are parsing how Lazard fits within the financial-services group and why its stock sometimes moves differently from peers — useful context but not an immediate catalyst. Understanding market reactions around Lazard within financial services
• Negative Sentiment: Zacks Research cut multiple near- and medium-term EPS forecasts for LAZ (Q1/Q2 FY2026, FY2025–FY2027) and maintains a “Strong Sell” stance — the repeated downward revisions and negative rating are the main near-term headwind pressuring the stock. Zacks Research Analysts Reduce Earnings Estimates for Lazard

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.