What is Zacks Research’s Estimate for Lazard Q3 Earnings?

Lazard, Inc. (NYSE:LAZ – Free Report) – Research analysts at Zacks Research raised their Q3 2025 earnings per share (EPS) estimates for shares of Lazard in a research report issued on Wednesday, July 2nd. Zacks Research analyst R. Department now forecasts that the asset manager will post earnings of $0.53 per share for the quarter, up from their previous forecast of $0.51. The consensus estimate for Lazard’s current full-year earnings is $4.24 per share. Zacks Research also issued estimates for Lazard’s Q4 2025 earnings at $0.87 EPS, Q2 2026 earnings at $0.71 EPS and Q3 2026 earnings at $0.90 EPS.

Lazard (NYSE:LAZ – Get Free Report) last released its quarterly earnings data on Friday, April 25th. The asset manager reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.27. Lazard had a return on equity of 37.64% and a net margin of 10.15%. The business had revenue of $669.16 million for the quarter, compared to analysts’ expectations of $698.39 million. During the same quarter in the previous year, the business posted $0.66 EPS. Lazard’s revenue for the quarter was down 15.3% on a year-over-year basis.

Other equities analysts have also recently issued research reports about the company. The Goldman Sachs Group lifted their price objective on Lazard from $35.00 to $40.00 and gave the company a “sell” rating in a report on Thursday, May 15th. Wells Fargo & Company cut their price objective on Lazard from $44.00 to $38.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 8th. Wall Street Zen cut Lazard from a “purchase” rating to a “hold” rating in a report on Thursday, April 10th. Morgan Stanley lifted their price objective on Lazard from $33.00 to $45.00 and gave the company an “underweight” rating in a report on Monday, June 23rd. Finally, Keefe, Bruyette & Woods lifted their tarobtain price on Lazard from $44.00 to $46.00 and gave the company a “market perform” rating in a research report on Monday, May 12th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a purchase rating to the company’s stock. According to MarketBeat.com, Lazard currently has a consensus rating of “Hold” and a consensus price tarobtain of $46.33.

View Our Latest Research Report on Lazard

Lazard Trading Up 0.7%

NYSE:LAZ opened at $50.37 on Friday. Lazard has a fifty-two week low of $31.97 and a fifty-two week high of $61.14. The company has a debt-to-equity ratio of 2.60, a current ratio of 3.24 and a quick ratio of 3.24. The stock has a market capitalization of $5.68 billion, a PE ratio of 17.55 and a beta of 1.33. The business’s 50-day simple shifting average is $44.23 and its 200-day simple shifting average is $46.16.

Lazard Dividconclude Announcement

The company also recently announced a quarterly dividconclude, which was paid on Friday, May 16th. Investors of record on Monday, May 5th were given a $0.50 dividconclude. This represents a $2.00 dividconclude on an annualized basis and a yield of 3.97%. The ex-dividconclude date was Monday, May 5th. Lazard’s dividconclude payout ratio is presently 69.69%.

Institutional Investors Weigh In On Lazard

Hedge funds and other institutional investors have recently bought and sold shares of the company. Calton & Associates Inc. acquired a new stake in Lazard in the 1st quarter valued at approximately $28,000. Lee Danner & Bass Inc. acquired a new position in shares of Lazard during the 4th quarter worth approximately $31,000. Hopwood Financial Services Inc. acquired a new position in shares of Lazard during the 4th quarter worth approximately $41,000. NewEdge Advisors LLC increased its position in shares of Lazard by 54.3% during the 4th quarter. NewEdge Advisors LLC now owns 977 shares of the asset manager’s stock worth $50,000 after purchasing an additional 344 shares during the last quarter. Finally, Bessemer Group Inc. acquired a new position in shares of Lazard during the 1st quarter worth approximately $50,000. Institutional investors and hedge funds own 54.80% of the company’s stock.

About Lazard

(Get Free Report)

Lazard, Inc, toobtainher 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.