News

Morgan Stanley Maintains Underweight on Lazard, Lowers Price Target to $40

Morgan Stanley analyst Ryan Kenny maintains Lazard (NYSE:LAZ) with a Underweight and lowers the price target from $41 to $40.

Benzinga·09:24LAZ▲+1.2%

LAZ Q3 deep dive: Advisory and asset management progress, Campbell Lutyens integration in focus

Financial advisory firm Lazard (NYSE:LAZ) fell short of the market’s revenue expectations in Q3 2026, but sales rose 11% year on year to $804.6 million. Its non-GAAP profit of $0.36 per share was 13% below analysts’ consensus estimates.

Yahoo·06:48LAZ▲+1.2%

Lazard (LAZ) Q3 Results Deepen Concern Over Margin Pressure

Lazard stock barely moved after its Q3 2026 report, slipping just 0.2% to about US$37. That muted reaction masks a more detailed story in the earnings. Advisory and asset management revenue combined reached about US$814.2m for the quarter, while basic earnings per share landed at roughly US$0.29. The central focus is profitability. Net income excluding one off items came in at about US$29.2m, which keeps the pressure on Lazard’s margins after a challenging period for earnings quality. Short...

Yahoo·01:17LAZ▲+1.2%

Lazard (LAZ) Stock Looks Fully Priced Following Its 50% 3 Year Run

Lazard has seen a mixed share price path in recent years, and that raises a simple question for anyone looking at the stock today. Is the current valuation supported by what the business is actually earning? Over the past 3 years the stock has gained about 50.2%. That puts the focus squarely on whether that move lines up with the underlying earnings power of the advisory and asset management franchise. For a fee-based financial group like Lazard, revenue quality, cost discipline and how much...

Yahoo·23:17LAZ▲+1.2%

How Investors Are Reacting To Lazard (LAZ) Earnings Miss

Lazard reported third quarter 2026 net income of US$29.16 million, down from US$71.25 million a year earlier, with diluted EPS from continuing operations of US$0.26 and an affirmed quarterly dividend of US$0.50 per share. The firm coupled softer profitability and an earnings miss with plans to build out Lazard CL in private capital advisory and senior hiring in Europe, which indicates meaningful reinvestment while current earnings face pressure. We will now examine how Lazard's weaker EPS...

What Does Lazard (LAZ) Changing Two Key Leadership Roles Mean For Investors?

Lazard (NYSE:LAZ) appointed David Krap as Co-Head of European Consumer, Retail & Leisure and Senior Managing Director. Michael Gathy notified Lazard of his decision to resign as Chief Accounting Officer. These moves combine a new European advisory leader with the upcoming departure of Lazard's Chief Accounting Officer. The mix of David Krap's appointment and Michael Gathy's resignation is only one piece of the broader Lazard story. We have also spotted 3 warning signs worth knowing about at...

Yahoo·17:13LAZ▲+1.2%

LAZARD GLOBAL TOTAL RETURN AND INCOME FUND DECLARES MONTHLY DISTRIBUTION AND ISSUES ESTIMATED SOURCES OF THE DISTRIBUTION ANNOUNCED IN SEPTEMBER

Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.15340 per share on the Fund's outstanding common stock. The distribution is payable on November 24, 2026, to shareholders of record on November 10, 2026. The ex-dividend date is November 10, 2026.

Lazard (LAZ) Q3 2026 Earnings Call Transcript

Record advisory revenue and $54B in gross inflows drive Lazard's 2030 strategy forward.

Yahoo·13:43LAZ▲+1.2%

Lazard Ltd Q3 2026 Earnings Call Summary

Moby summary of Lazard Ltd's Q3 2026 earnings call

Yahoo·12:50LAZ▲+1.2%

Lazard Reports Third Quarter and Nine Month 2026 Results

Fintel·08:43LAZ▲+1.2%

Here's What Key Metrics Tell Us About Lazard (LAZ) Q3 Earnings

The headline numbers for Lazard (LAZ) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Yahoo·08:30LAZ▲+1.2%

Lazard Q3 2026 Earnings Call Transcript

Lazard (NYSE:LAZ) reported third-quarter financial results on Thursday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by Benzinga APIs. For

Benzinga·05:45LAZ▲+1.2%

Lazard Q3 Adj. EPS $0.36 Misses $0.47 Estimate, Sales $804.621M Miss $837.573M Estimate

Lazard (NYSE:LAZ) reported quarterly earnings of $0.36 per share which missed the analyst consensus estimate of $0.47 by 23.4 percent. This is a 35.71 percent decrease over earnings of $0.56 per share from the same

Benzinga·02:31LAZ▲+1.2%

Lazard Declares Quarterly Dividend of $0.50 per Share

Lazard, Inc. (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.50 per share on its outstanding common stock. The dividend is payable on November 13, 2026, to stockholders of record on November 2, 2026.

Yahoo·16:15LAZ▲+1.2%

What Analyst Projections for Key Metrics Reveal About Lazard (LAZ) Q3 Earnings

Besides Wall Street's top-and-bottom-line estimates for Lazard (LAZ), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2026.

Yahoo·14:42LAZ▲+1.2%

Lazard (LAZ) To Report Earnings Tomorrow: Here Is What To Expect

Financial advisory firm Lazard (NYSE:LAZ) will be reporting results this Thursday morning. Here’s what you need to know.

Yahoo·04:30LAZ▲+1.2%

Lazard CEO and Chairman Peter R. Orszag to Speak at the 2026 BMO Financials Conference

Lazard, Inc. (NYSE: LAZ) today announced Peter R. Orszag, CEO and Chairman, is scheduled to participate in a fireside discussion at the 2026 BMO Financials Conference on Tuesday, November 10, at 10:15 a.m. ET.

Yahoo·08:00LAZ▲+1.2%

Lazard Welcomes David Krap as Managing Director and Co-Head of European Consumer, Retail & Leisure

Lazard, Inc. (NYSE: LAZ) today announced the appointment of David Krap as Managing Director and Co-Head of European Consumer, Retail & Leisure.

Yahoo·03:00LAZ▲+1.2%

Earnings Preview: Lazard (LAZ) Q3 Earnings Expected to Decline

Lazard (LAZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Yahoo·09:00LAZ▲+1.2%

Moelis, Lazard, Sezzle, Affirm, and Encore Capital Group Stocks Trade Down, What You Need To Know

A number of stocks fell in the afternoon session after September consumer price inflation accelerated to 3.7% and core inflation topped estimates, reigniting concerns over Federal Reserve interest rate hikes.

Yahoo·16:28LAZ▲+1.2%

Goldman Sachs Maintains Sell on Lazard, Lowers Price Target to $32

Goldman Sachs analyst James Yaro maintains Lazard (NYSE:LAZ) with a Sell and lowers the price target from $36 to $32.

Benzinga·03:04LAZ▲+1.2%

Lazard Reports September 2026 Assets Under Management Of $284B; Preliminary Average AUM For Quarter Ended September 30, 2026 Was $286.6B

Lazard, Inc. (NYSE:LAZ) reported today that its preliminary assets under management ("AUM") as of September 30, 2026 totaled approximately $284.0 billion. The month's AUM included market depreciation of $3.2

Benzinga·02:48LAZ▲+1.2%

Morgan Stanley Maintains Underweight on Lazard, Lowers Price Target to $41

Morgan Stanley analyst Ryan Kenny maintains Lazard (NYSE:LAZ) with a Underweight and lowers the price target from $44 to $41.

Benzinga·06:21LAZ▲+1.2%

Lazard (NYSE:LAZ) Dividend Quality: High Yield With a Stretched Payout

Lazard (LAZ) passes a Best Dividend screen with a 7.25% yield, 7/10 dividend rating, but high 87% payout ratio raises sustainability concerns.

ChartMill·04:11LAZ▲+1.2%