CSIMarket
 
Lazard Inc   (NYSE: LAZ)
Other Ticker:  
 
    Sector  Financial    Industry Investment Services
   Industry Investment Services
   Sector  Financial
 
Price: $35.2550 $-0.54 -1.522%
Day's High: $35.45 Week Perf: 0.81 %
Day's Low: $ 34.65 30 Day Perf: -23.59 %
Volume (M): 165 52 Wk High: $ 61.14
Volume (M$): $ 5,817 52 Wk Avg: $47.15
Open: $34.99 52 Wk Low: $31.97



 Market Capitalization (Millions $) 3,682
 Shares Outstanding (Millions) 104
 Employees 3,291
 Revenues (TTM) (Millions $) 3,140
 Net Income (TTM) (Millions $) 287
 Cash Flow (TTM) (Millions $) 384
 Capital Exp. (TTM) (Millions $) 46

Lazard Inc

Lazard is one of the world’s preeminent financial advisory and asset management firms. We have long specialized in crafting solutions to the complex financial and strategic challenges of a diverse set of clients around the world, including corporations, governments, institutions, partnerships and individuals. Founded in 1848 in New Orleans, we currently operate from 43 cities in key business and financial centers across 27 countries throughout North America, Europe, Asia, Australia, the Middle East, and Central and South America.

We focus primarily on two business segments: Financial Advisory and Asset Management. We believe that the mix of our activities across business segments, geographic regions, industries and investment strategies helps to diversify and stabilize our revenue stream.

Our focus in our Financial Advisory business is on:

investing in our intellectual capital through senior professionals who we believe have strong client relationships and industry expertise;


increasing our contacts with existing clients to further enhance our long-term relationships and our efforts in developing new client relationships;


developing new client relationships;


expanding the breadth and depth of our industry expertise and selectively adding or reinforcing practice areas, such as our Capital Structure Advisory, Corporate Preparedness and Sovereign Advisory groups;


coordinating our industry specialty activities on a global basis and increasing the integration of our industry experts in Mergers and Acquisitions with our other professionals;


selectively bolstering our existing presence in certain local markets;
broadening our geographic presence by adding new offices, including, since the beginning of 2009, offices in Australia (Perth) and the Middle East Region, as well as integrating our Brazilian operations based in São Paulo and establishing the Lazard Africa and Lazard Central and Eastern Europe initiatives; and deploying our intellectual capital, strong client relationships and other assets to generate new revenue streams, including, for example, revenue that may be generated by acting as an underwriter in public offerings and other distributions of securities related to the activities of our Financial Advisory business.

In addition to the investments made as part of this strategy, we believe that our Financial Advisory business may benefit from external market factors, including:

demand for independent, unbiased financial advice;


debt reduction, recapitalization and related activities that are occurring in developed and emerging markets;

relatively low interest rates and high corporate cash balances in the current macroeconomic environment; and favorable levels of cross-border M&A and large capitalization M&A, two of our areas of historical specialization.

Going forward, our strategic emphasis in our Financial Advisory business is to leverage the investments we have made to grow our business and drive our productivity. We continue to seek to opportunistically attract outstanding individuals to our business. We routinely reassess our strategic position and may in the future seek opportunities to further enhance our competitive position.

Our strategic plan in our Asset Management business is to focus on delivering superior investment performance and client service and broadening our product offerings and distribution in selected areas in order to continue to drive improved business results. Over the past several years, in an effort to improve our Asset Management business’ operations and expand our Asset Management business, we have:

focused on enhancing our investment performance;


improved our investment management platform by adding a number of senior investment professionals (including portfolio managers and analysts);


continued to strengthen our marketing and consultant relations capabilities, including by expanding our marketing resources;


expanded our product platform, including through the addition of long/short equity strategies and an equity team focused on Middle East and North African markets; and


continued to expand the geographic reach of our Asset Management business, including through opening offices in Dubai, Singapore and Dublin.

We believe that our Asset Management business has long maintained an outstanding team of portfolio managers and global research analysts. We intend to maintain and supplement our intellectual capital to achieve our goals. We routinely reassess our strategic position and may in the future seek acquisitions or other transactions, including the opportunistic hiring of new employees, in order to further enhance our competitive position. We also believe that our specific investment strategies, global reach, unique brand identity and access to multiple distribution channels may allow us to expand into new investment products, strategies and geographic locations. In addition, we may expand our participation in alternative investment activities through investments in new and successor funds, and through organic growth, acquisitions or otherwise. We may also continue to expand our geographic reach.



   Company Address: 30 Rockefeller Plaza New York 10112 NY
   Company Phone Number: 632-6000   Stock Exchange / Ticker: NYSE LAZ


Customers Net Income grew by LAZ's Customers Net Profit Margin grew to

161.28 %

19.99 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
APO   -0.47%    
BLK   -0.96%    
GS        3.04% 
LPLA   -1.59%    
MS        0.98% 
SNEX        3.83% 
• View Complete Report
   



Business Update

Lazards Strategic Expansion into the UAE Aiming for Growth Amidst Competitive Challenges in the MENA Region

Published Tue, Apr 15 2025 7:35 AM UTC

Lazard s Strategic Expansion into the UAE: Aiming for Growth Amidst Competitive Challenges in the MENA RegionIn a significant move underscoring its commitment to the Middle East and North Africa (MENA) region, Lazard, Inc. (NYSE: LAZ) has announced the establishment of its Financial Advisory main office in Abu Dhabi, subject to regulatory approval. This strategic expansion ...

Business Update

?Lazard Inc. Reports Robust Sales Growth Amidst Challenges in Asset Management, Concludes 2024 with $226.3 Billio...

Published Mon, Jan 13 2025 2:48 PM UTC

Lazard, Inc. (NYSE: LAZ), a leading financial advisory and asset management firm, announced its preliminary assets under management (AUM) for the quarter ending December 31, 2024, totaling approximately $226.3 billion. The announcement, made on the first day of the New Year, reveals crucial insights into the company s operational performance and the wider economic environmen...

Business Update

Navigating Market Dynamics Lazards Assets Under Management Trends in 2024

Published Tue, Dec 10 2024 2:47 PM UTC

Navigating Market Dynamics: Lazard s Assets Under Management Trends in 2024 Lazard, Inc. (NYSE: LAZ), a key player in the global financial advisory and asset management sectors, has witnessed significant fluctuations in its Assets Under Management (AUM) in recent months. As of November 30, 2024, the company s preliminary AUM stood at approximately $234.4 billion, highlightin...

Business Update

Lazards Promising Performance Assets Under Management Reach $247.7 Billion Amid Market Resilience,

Published Thu, Oct 10 2024 1:36 PM UTC

In the dynamic landscape of global finance, where every tick of the market reflects the intricate dance of investor sentiment and economic indicators, Lazard, Inc. (NYSE: LAZ) stands out with encouraging news. As of September 30, 2024, the venerable financial advisory and asset management firm reported preliminary assets under management (AUM) totaling approximately $247.7 b...

Business Update

Lazard Reports August 2024 AUM Decline Amid Client Asset Restructuring,

Published Thu, Sep 12 2024 12:47 PM UTC

Lazard Reports Dip in Assets Under Management Amid Client Restructuring in August 2024 NEW YORK Lazard, Inc. (NYSE: LAZ) announced today that its preliminary assets under management (AUM) totaled approximately $244.3 billion as of August 31, 2024. This figure reflects a significant reduction in AUM, driven by net outflows of $7.5 billion during the month, against the bac...







Lazard Inc's Segments
Financial Advisory    45.94 % of total Revenue
Asset Management    36.4 % of total Revenue
Asset Management Management Fees and Other    35.77 % of total Revenue
Asset Management Incentive Fees    0.63 % of total Revenue

  Lazard Inc Outlook

On April 25 2024 the Lazard Inc provided following guidance

Laz...





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2025 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com