Lazard (LAZ) Projected to Release Quarterly Earnings on Thursday

Lazard (NYSE:LAZ) is expected to issue its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect the company to post earnings of $0.3382 per share and revenue of $736.2880 million for the quarter. Interested persons may review the information on 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 released its 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). The business had revenue of $672.98 million during the quarter, compared to the consensus estimate of $707.42 million. Lazard had a net margin of 8.47% and a return on equity of 29.30%. The firm’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same period last year, the business posted $0.56 EPS. On average, analysts expect Lazard to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Lazard Stock Up 3.9%

Lazard stock opened at $45.08 on Thursday. The company has a current ratio of 3.51, a quick ratio of 3.51 and a debt-to-equity ratio of 1.94. Lazard has a 1-year low of $38.67 and a 1-year high of $58.75. The company has a fifty day simple moving average of $44.64 and a 200 day simple moving average of $47.06. The company has a market cap of $5.04 billion, a P/E ratio of 17.82, a price-to-earnings-growth ratio of 0.64 and a beta of 1.43.

Lazard Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 11th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Monday, May 11th. Lazard’s dividend payout ratio is currently 79.05%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Kestra Advisory Services LLC bought a new position in shares of Lazard in the fourth quarter valued at about $26,000. IFP Advisors Inc boosted its holdings 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 buying an additional 224 shares during the period. State of Wyoming bought a new stake in shares of Lazard during the 2nd quarter worth about $38,000. Triumph Capital Management acquired a new position in Lazard in the 3rd quarter valued at about $42,000. Finally, US Bancorp DE grew its stake in 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 buying an additional 873 shares during the last quarter. 54.80% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Citigroup restated an “outperform” rating on shares of Lazard in a report on Friday, April 10th. Keefe, Bruyette & Woods dropped their target price on Lazard from $49.00 to $44.00 and set a “market perform” rating on the stock in a report on Friday, July 10th. Morgan Stanley reduced their price target on Lazard from $53.00 to $47.00 and set an “underweight” rating for the company in a research report on Thursday, July 9th. UBS Group restated a “neutral” rating and issued a $44.00 price target on shares of Lazard in a research note on Tuesday, June 9th. Finally, Argus lowered their price target on Lazard from $63.00 to $52.00 and set a “buy” rating on the stock in a research report on Tuesday, May 5th. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Lazard has an average rating of “Hold” and a consensus price target 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.