STOCK TITAN

Lazard Ltd - LAZ STOCK NEWS

Welcome to our dedicated page for Lazard news (Ticker: LAZ), a resource for investors and traders seeking the latest updates and insights on Lazard stock.

Overview of Lazard Ltd (LAZ)

Lazard Ltd is a venerable global financial services firm with a legacy dating back to 1848. Recognized for its expertise in M&A advisory, restructuring, and corporate finance, Lazard melds a storied heritage with a modern approach to financial advisory and asset management. The firm delivers high-caliber advice to corporations, partnerships, institutions, governments, and individuals, earning a reputation for deep analytical rigor and insightful strategic planning.

Core Business Areas

Lazard operates primarily through two complementary divisions:

  • Financial Advisory: This segment focuses on providing strategic guidance on mergers & acquisitions, restructuring, capital raising, and corporate finance. Lazard’s advisory services are designed to help clients navigate complex transactions, identify strategic opportunities, and execute plans that optimize capital structure. The firm’s ability to blend traditional financial principles with innovative strategies distinguishes its advisory practice.
  • Asset Management: With an emphasis on equities, Lazard manages a diversified portfolio with a significant focus on international markets. Its asset management operations cater primarily to institutional clients, emphasizing robust risk management and strategic geographic diversification. This segment complements the advisory practice by offering investment solutions that are both thoughtful and globally oriented.

Market Significance and Global Reach

Positioned as a major player in the global financial landscape, Lazard’s operations span 43 cities across 27 countries. Its business is structured to address varied market needs with a balance between advisory and asset management revenue streams. The firm’s geographical footprint — with prominent operations in the Americas, EMEA, and Asia-Pacific — enables it to derive insights from diverse markets and deliver tailored solutions that resonate with both local and international clients.

Competitive Landscape and Industry Nuances

Lazard distinguishes itself amid a competitive field by combining historical expertise with a modern, analytical approach. In a market populated by several financial advisory and asset management firms, Lazard’s dual focus on advisory services and equity-centric asset management offers a balanced model that caters to complex, multifaceted client needs. The firm’s advisory segment is distinguished not only by its deep industry knowledge but also by its ability to manage intricate financial restructuring and capital-raising challenges. Concurrently, its asset management division is known for its international focus and a solid track record in equity management, positioning it as a reliable partner to institutional investors.

Business Model and Operational Excellence

The company’s business model is built on fee-based advisory services and asset management fees, emphasizing transparency and thought leadership in finance. Lazard’s approach involves close collaboration with clients to formulate strategies that are robust in structure and execution. The firm's seasoned professionals combine analytical depth with practical insights, creating a bridge between conventional financial theories and the real-world dynamics of global markets. This operational excellence is reflected in its balanced revenue streams and in its ability to consistently generate insights that cater to both strategic and operational dimensions of financial management.

Expertise and Authoritativeness in the Financial Sector

Throughout its history, Lazard has built a reputation for providing unbiased, in-depth analyses and tailored financial solutions. Its long-standing experience provides a unique advantage in addressing complex financial concerns, from large-scale mergers and acquisitions to the nuances of international asset management. Lazard's strategic insights are underpinned by thorough market research and a commitment to delivering objective, data-driven recommendations that reflect its deep expertise.

Client-Centric Services

At the heart of Lazard’s operations is a commitment to understanding and addressing client needs. The firm’s multifaceted service offerings allow it to assist a diverse clientele ranging from governments to institutional investors. By offering specialized advice and customized asset management solutions, Lazard ensures that its clients receive comprehensive support at every stage of their financial journey.

Conclusion

In sum, Lazard Ltd (LAZ) stands as a well-established institution in the realm of financial advisory and asset management. Its historical legacy is complemented by a sophisticated operating model that balances advisory and asset management functions. With an emphasis on expert M&A, restructuring advisory, and international asset management, Lazard continues to offer insights and services that cater to the complex needs of its diverse clientele, securing its position as an authoritative and trusted partner in the global financial services industry.

News
Rhea-AI Summary

Lazard Ltd (NYSE: LAZ) has announced the immediate appointment of William H. McRaven, a retired US Navy four-star admiral, as a Senior Advisor in its Financial Advisory business. McRaven is recognized for his extensive military experience, including overseeing Operation Neptune Spear, which resulted in the death of Osama bin Laden. Kenneth M. Jacobs, CEO of Lazard, emphasized McRaven's unique knowledge of the global geopolitical landscape as a valuable asset for the firm and its clients in navigating complex global challenges.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
none
-
Rhea-AI Summary

Lazard Ltd (NYSE:LAZ) announced its preliminary assets under management (AUM) as of April 30, 2021, totaling approximately $274.4 billion. This figure reflects market appreciation of $6.9 billion and foreign exchange appreciation of $2.7 billion, offset by net outflows of $0.1 billion. The AUM for March 31, 2021 was reported as $264.9 billion. The firm operates globally, providing advisory and asset management services.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.63%
Tags
none
-
Rhea-AI Summary

Lazard Ltd (NYSE: LAZ) reported operating revenue of $648 million for Q1 2021, a 15% increase from Q1 2020. Adjusted net income rose to $101 million, or $0.87 per share, up 52% year-over-year. The firm highlighted strong activity in Financial Advisory and Asset Management, with record assets under management of $265 billion, a 37% increase from the previous year. The company returned $237 million to shareholders via dividends and share repurchases. Financial metrics indicate robust performance, positioning Lazard well amid a strengthening macroeconomic environment.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.16%
Tags
none
Rhea-AI Summary

Lazard Ltd (NYSE: LAZ) has declared a quarterly dividend of $0.47 per share on its common stock. This dividend will be payable on May 21, 2021, to stockholders recorded as of May 10, 2021. Lazard is recognized globally for its financial advisory and asset management services, operating in over 40 cities and 25 countries. The firm, with a history dating to 1848, provides guidance on mergers, acquisitions, capital structure, and corporate finance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.16%
Tags
dividends
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
none
-
Rhea-AI Summary

Lazard Ltd (NYSE: LAZ) will issue its first-quarter 2021 financial results on April 30, 2021. The press release will be accessible on Lazard’s website. Following the release, a conference call is scheduled for 8:00 a.m. EDT to discuss these results. Interested parties can access the call via a live audio webcast or by dialing in. A replay will also be available later that day. Lazard is a prominent financial advisory and asset management firm with a global presence, offering services in mergers, acquisitions, and corporate finance. For more information, visit www.lazard.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
Tags
none
Rhea-AI Summary

Lazard Ltd (NYSE: LAZ) announced its preliminary assets under management (AUM) of approximately $264.9 billion as of March 31, 2021. This figure reflects market appreciation of $8.2 billion, net outflows of $0.8 billion, and foreign exchange depreciation of $3.2 billion. The average AUM for the quarter stood at $261.5 billion. The equity segment showed a growth from $209.8 billion to $215.5 billion, while fixed income decreased from $45.6 billion to $44.2 billion.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.5%
Tags
none
-
Rhea-AI Summary

Lazard Ltd (NYSE: LAZ) announced that Lazard Fintech Acquisition Corp. I (LFTA) and Lazard Healthcare Acquisition Corp. I (LHCA) have filed registration statements with the SEC for proposed initial public offerings of 25,000,000 units each at $10.00 per unit. Each unit consists of one Class A ordinary share and one-fifth of a redeemable warrant. The offerings are distinct and not dependent on one another, with no assurance on completion. Goldman Sachs is the book-running manager for both offerings. The registration statements are pending effectiveness.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
-
Rhea-AI Summary

Lazard Ltd (NYSE: LAZ) announced its preliminary assets under management (AUM) as of February 28, 2021, totaling approximately $260.7 billion. Key factors contributing to this figure include market appreciation of $5.6 billion, net inflows of $0.2 billion, and foreign exchange depreciation of $0.3 billion. The AUM breakdown reveals $209.8 billion in equity, $45.6 billion in fixed income, and $5.3 billion in other assets. The report emphasizes Lazard's commitment to delivering financial advisory and asset management services globally.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.3%
Tags
none
Rhea-AI Summary

Lazard Growth Acquisition Corp. I successfully closed its initial public offering, issuing 57,500,000 units at $10.00 per unit, with additional units purchased by the underwriter. The units are listed on Nasdaq under the symbol LGACU, comprising one Class A ordinary share and one-fifth of a warrant, exercisable for a Class A share at $11.50.

The Company aims to engage in mergers and acquisitions in various sectors, notably healthcare, technology, and energy transition, without geographic limitations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.32%
Tags

FAQ

What is the current stock price of Lazard (LAZ)?

The current stock price of Lazard (LAZ) is $43.82 as of April 1, 2025.

What is the market cap of Lazard (LAZ)?

The market cap of Lazard (LAZ) is approximately 3.9B.

What are Lazard Ltd's primary business segments?

Lazard focuses on two main segments: financial advisory services, which include mergers & acquisitions, restructuring, and corporate finance, and asset management with an emphasis on equities and international markets.

How does Lazard generate revenue?

The firm generates revenue primarily through fee-based financial advisory services and asset management fees, addressing both transactional and investment management needs.

What distinguishes Lazard's approach to financial advisory?

Lazard's advisory services are noted for their deep analytical rigor, strategic planning, and the ability to manage complex transactions such as M&A and capital restructuring, supported by decades of industry expertise.

How is the asset management division structured?

Lazard's asset management division primarily focuses on equities and caters to institutional clients, leveraging its international focus to offer diversified investment strategies.

What is Lazard's geographic presence?

The company maintains a global footprint with offices in key financial centers across 27 countries, predominantly serving the Americas, EMEA, and Asia-Pacific regions.

Who are the typical clients of Lazard Ltd?

Lazard serves a broad range of clients including corporations, partnerships, governments, institutions, and individuals, providing tailored financial advice and asset management solutions.

How does Lazard maintain its industry expertise?

With a history dating back to 1848, Lazard leverages decades of experience and comprehensive market research, combining historical insights with modern financial analysis to deliver nuanced, informed advice.

How does Lazard compare with competitors?

While operating in a competitive industry, Lazard differentiates itself through its balanced focus on both advisory and asset management services, supported by a global presence and a longstanding reputation for objective and detailed financial analysis.
Lazard Ltd

NYSE:LAZ

LAZ Rankings

LAZ Stock Data

3.93B
87.35M
2.79%
72.83%
7.16%
Capital Markets
Investment Advice
Link
United States
NEW YORK