What is Zacks Research’s Forecast for Lazard Q4 Earnings?

Lazard, Inc. (NYSE:LAZ) – Zacks Research lowered their Q4 2025 EPS estimates for Lazard in a research report issued on Thursday, February 20th. Zacks Research analyst R. Department now anticipates that the asset manager will earn $1.39 per share for the quarter, down from their previous forecast of $1.41. The consensus estimate for Lazard’s current full-year earnings is $4.24 per share. Zacks Research also issued estimates for Lazard’s Q2 2026 earnings at $1.17 EPS, Q3 2026 earnings at $1.21 EPS, FY2026 earnings at $4.86 EPS and FY2027 earnings at $5.98 EPS.

Lazard (NYSE:LAZ) last released its quarterly earnings data on Thursday, January 30th. The asset manager reported $0.78 EPS for the quarter, topping the consensus estimate of $0.69 by $0.09. Lazard had a return on equity of 44.58% and a net margin of 8.98%.

Other equities research analysts have also issued research reports about the company. Wells Fargo & Company upped their price objective on Lazard from $51.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday, January 31st. Morgan Stanley upped their target price on Lazard from $60.00 to $63.00 and gave the stock an “equal weight” rating in a research note on Friday, January 31st. The Goldman Sachs Group reduced their target price on Lazard from $51.00 to $44.00 and set a “sell” rating for the company in a research note on Wednesday, January 15th. Wolfe Research downgraded Lazard from an “outperform” rating to a “peer perform” rating in a research note on Friday, January 3rd. Finally, JMP Securities upped their target price on Lazard from $55.00 to $59.00 and gave the stock a “market outperform” rating in a research note on Friday, November 1st. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $55.33.

Lazard Trading Down 4.9 %

Lazard stock opened at $49.46 on Monday. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 2.72. Lazard has a 12 month low of $35.56 and a 12 month high of $61.14. The stock’s 50 day simple moving average is $51.96 and its two-hundred day simple moving average is $51.77. The firm has a market cap of $5.58 billion, a PE ratio of 18.59 and a beta of 1.41.

Institutional Trading of Lazard

Hedge funds and other institutional investors have recently modified their holdings of the stock. Lee Danner & Bass Inc. acquired a new stake in shares of Lazard in the 4th quarter worth $31,000. Hopwood Financial Services Inc. acquired a new stake in shares of Lazard in the 4th quarter worth $41,000. Berbice Capital Management LLC acquired a new stake in shares of Lazard in the 4th quarter worth $46,000. NewEdge Advisors LLC increased its stake in shares of Lazard by 54.3% in the 4th quarter. NewEdge Advisors LLC now owns 977 shares of the asset manager’s stock worth $50,000 after acquiring an additional 344 shares during the last quarter. Finally, Abich Financial Wealth Management LLC acquired a new stake in shares of Lazard in the 3rd quarter worth $50,000. 54.80% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Lazard

In related news, CEO Evan L. Russo sold 25,000 shares of the stock in a transaction on Friday, February 14th. The stock was sold at an average price of $55.32, for a total value of $1,383,000.00. Following the completion of the transaction, the chief executive officer now directly owns 163,448 shares of the company’s stock, valued at approximately $9,041,943.36. This represents a 13.27 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.86% of the stock is owned by corporate insiders.

Lazard Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Monday, February 10th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 4.04%. The ex-dividend date of this dividend was Monday, February 10th. Lazard’s dividend payout ratio is currently 75.19%.

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.