Lazard (LAZ) Projected to Post Earnings on Thursday

Lazard (NYSE:LAZ) will likely be posting its Q3 2025 results before the market opens on Thursday, October 23rd. Analysts expect Lazard to post earnings of $0.39 per share and revenue of $739.9070 million for the quarter. Individuals may visit the the company’s upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Thursday, October 23, 2025 at 8:00 AM ET.

Lazard (NYSE:LAZ) last released its quarterly earnings data on Thursday, July 24th. The asset manager reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.14. The company had revenue of $796.00 million for the quarter, compared to the consensus estimate of $674.13 million. Lazard had a return on equity of 34.33% and a net margin of 9.96%.The company’s quarterly revenue was up 16.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.52 earnings per share. On average, analysts expect Lazard to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Lazard Stock Up 2.8%

NYSE LAZ opened at $49.97 on Tuesday. The firm has a market cap of $5.64 billion, a PE ratio of 17.23 and a beta of 1.37. Lazard has a one year low of $31.97 and a one year high of $61.14. The stock’s 50 day simple moving average is $53.87 and its 200 day simple moving average is $48.12. The company has a debt-to-equity ratio of 2.15, a current ratio of 2.53 and a quick ratio of 2.53.

Lazard Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Monday, August 4th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, August 4th. This represents a $2.00 annualized dividend and a yield of 4.0%. Lazard’s dividend payout ratio is currently 68.97%.

Insider Activity at Lazard

In related news, CEO Evan L. Russo sold 50,000 shares of the company’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $56.95, for a total value of $2,847,500.00. Following the completion of the sale, the chief executive officer owned 227,915 shares in the company, valued at $12,979,759.25. This represents a 17.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Peter Richard Orszag sold 32,475 shares of the company’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $54.09, for a total transaction of $1,756,572.75. Following the completion of the transaction, the chief executive officer directly owned 183,274 shares of the company’s stock, valued at approximately $9,913,290.66. The trade was a 15.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 108,092 shares of company stock worth $6,030,986 in the last quarter. Corporate insiders own 2.26% of the company’s stock.

Hedge Funds Weigh In On Lazard

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Teza Capital Management LLC boosted its stake in shares of Lazard by 2.4% during the 2nd quarter. Teza Capital Management LLC now owns 8,059 shares of the asset manager’s stock worth $387,000 after buying an additional 187 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Lazard by 30.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,943 shares of the asset manager’s stock worth $93,000 after buying an additional 451 shares during the last quarter. State of Wyoming acquired a new position in shares of Lazard during the 2nd quarter worth about $38,000. Treasurer of the State of North Carolina boosted its stake in shares of Lazard by 2.6% during the 2nd quarter. Treasurer of the State of North Carolina now owns 51,357 shares of the asset manager’s stock worth $2,464,000 after buying an additional 1,278 shares during the last quarter. Finally, Kestra Investment Management LLC boosted its stake in shares of Lazard by 324.4% during the 2nd quarter. Kestra Investment Management LLC now owns 2,962 shares of the asset manager’s stock worth $142,000 after buying an additional 2,264 shares during the last quarter. 54.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Citigroup reaffirmed an “outperform” rating on shares of Lazard in a report on Monday, July 14th. 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 target price for the company. Morgan Stanley upped their target price on shares of Lazard from $47.00 to $61.00 and gave the company an “underweight” rating in a research report on Monday, September 8th. JMP Securities set a $60.00 target price on shares of Lazard and gave the company a “market outperform” rating in a research report on Monday, July 14th. Finally, Wells Fargo & Company upped their target price on shares of Lazard from $38.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, July 11th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $54.43.

Lazard Company Profile

Lazard, Inc, together with its subsidiaries, operates as a financial advisory and asset management firm in North and South America, Europe, the Middle East, Asia, and Australia. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical advisory, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services.