FY2025 Earnings Forecast for Lazard Issued By Zacks Research

Lazard, Inc. (NYSE:LAZ) – Research analysts at Zacks Research cut their FY2025 earnings per share (EPS) estimates for shares of Lazard in a report released on Tuesday, January 13th. Zacks Research analyst Team now forecasts that the asset manager will earn $2.30 per share for the year, down from their previous estimate of $2.47. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Lazard’s current full-year earnings is $4.24 per share. Zacks Research also issued estimates for Lazard’s Q1 2026 earnings at $0.84 EPS, Q2 2026 earnings at $0.72 EPS, FY2026 earnings at $3.60 EPS, Q3 2027 earnings at $1.36 EPS and FY2027 earnings at $5.20 EPS.

Lazard (NYSE:LAZ) last announced its quarterly earnings data on Thursday, October 23rd. The asset manager reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.17. Lazard had a net margin of 8.89% and a return on equity of 35.02%. The firm had revenue of $770.76 million during the quarter, compared to analyst estimates of $739.91 million. During the same period in the previous year, the business posted $0.38 EPS. The business’s quarterly revenue was down 4.7% on a year-over-year basis.

LAZ has been the topic of several other research reports. Keefe, Bruyette & Woods decreased their price objective on Lazard from $60.00 to $59.00 and set an “outperform” rating on the stock in a report on Thursday, January 8th. UBS Group assumed coverage on Lazard in a research report on Thursday, December 11th. They set a “neutral” rating and a $54.00 price target on the stock. Morgan Stanley lowered their price objective on Lazard from $61.00 to $59.00 and set an “underweight” rating for the company in a research report on Tuesday, January 6th. Weiss Ratings restated a “hold (c)” rating on shares of Lazard in a report on Monday, December 29th. Finally, BMO Capital Markets initiated coverage on shares of Lazard in a research note on Friday, October 3rd. They issued a “market perform” rating and a $56.00 target price on the stock. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $54.86.

Lazard Stock Performance

Lazard stock opened at $51.82 on Thursday. The firm has a fifty day simple moving average of $50.29 and a two-hundred day simple moving average of $51.81. The company has a quick ratio of 2.58, a current ratio of 2.58 and a debt-to-equity ratio of 1.92. Lazard has a twelve month low of $31.97 and a twelve month high of $58.07. The company has a market capitalization of $5.84 billion, a PE ratio of 20.48 and a beta of 1.38.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc lifted its position in shares of Lazard by 53.5% in the 3rd quarter. IFP Advisors Inc now owns 643 shares of the asset manager’s stock worth $34,000 after purchasing an additional 224 shares during the period. Costello Asset Management INC bought a new position in Lazard in the third quarter worth about $37,000. State of Wyoming bought a new stake in Lazard during the 2nd quarter valued at approximately $38,000. Triumph Capital Management purchased a new position in shares of Lazard during the 3rd quarter worth approximately $42,000. Finally, GAMMA Investing LLC grew its holdings in shares of Lazard by 57.2% during the 2nd quarter. GAMMA Investing LLC now owns 918 shares of the asset manager’s stock worth $44,000 after acquiring an additional 334 shares during the period. 54.80% of the stock is owned by hedge funds and other institutional investors.

Lazard Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Monday, November 3rd were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, November 3rd. Lazard’s dividend payout ratio is currently 79.05%.

Key Headlines Impacting Lazard

Here are the key news stories impacting Lazard this week:

• Positive Sentiment: Sector/market commentary notes how Lazard is being viewed within financial services, which may support investor interest ahead of results. Understanding market reactions around Lazard within financial services
• Neutral Sentiment: Lazard has scheduled its Q4 and full‑year 2025 results for Jan. 29 — a near-term catalyst that investors often trade around, which can drive short-term volume and price moves. Lazard to Announce Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: One Zacks note raised its Q4 2026 EPS estimate for Lazard (a late‑cycle raise), which is a modest positive signal for later-year expectations despite broader bearish coverage. Zacks Research
• Negative Sentiment: Zacks Research downgraded LAZ to “Strong Sell” and cut several near-term EPS forecasts (notably Q4 2025 and Q3 2026), creating analyst-driven downside pressure and signaling weaker near-term profitability expectations. Zacks downgrade and estimate changes
• Negative Sentiment: Prosecutors charged an ex‑Lazard banker in a high‑profile insider‑trading investigation tied to healthcare deals; while the firm itself is not the defendant, the story raises reputational and compliance concerns that can weigh on sentiment. Ex-Lazard Banker Charged in Insider Trading Case

Lazard Company Profile

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.