Lazard, Inc. (LAZ)
Financials · NYQ
Price as at 1 Oct 2026, 02:42 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Lazard, Inc. trades at $36.23, which is 164% below the $95.72 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 67 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 16.7 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
LAZ dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $1.50 | 3 |
| 2025 | $2.00 | 4 |
| 2024 | $2.00 | 4 |
| 2023 | $2.00 | 4 |
| 2022 | $1.94 | 4 |
| 2021 | $1.88 | 4 |
| 2020 | $1.88 | 4 |
| 2019 | $2.35 | 4 |
| 2018 | $3.03 | 4 |
| 2017 | $2.81 | 4 |
| 2016 | $2.69 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
LAZ earnings and analyst estimates
Recommendation mix, 10 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Lazard, Inc.
Lazard, Inc. operates as a financial advisory and asset management firm in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through 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, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services. This segment offers its services to corporate, partnership, institutional, government, sovereign, and individual clients to various industry areas, including consumers and retail; financial institutions; financial sponsors; healthcare and life sciences; industrials; media, entertainment, and sports; power, energy, and infrastructure; real estate; technology; and telecom and digital infrastructure. The Asset Management segment offers a range of investment solutions; investment and wealth management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard, Inc. was incorporated in 1848 and is headquartered in New York, New York.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
LAZ passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
7 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- John Rogers, ARIEL INVESTMENTS, LLC$241.38M · 2.4% of book
- Capital Research Global, Capital Research Global Investors$94.04M · 0.0% of book
- Ken Fisher, Fisher Asset Management, LLC$90.10M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$37.30M · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$16.83M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in LAZ
Trades in LAZ disclosed by members of Congress and executive-branch officials, latest first:
- Donald J Trump · Executive branchSell · $50,001 - $100,000 · traded 29 Jul 2024 · disclosed 22 Sept 2026
- Donald J Trump · Executive branchBuy · $15,001 - $50,000 · traded 8 Jul 2024 · disclosed 22 Sept 2026
- Donald J Trump · Executive branchBuy · $15,001 - $50,000 · traded 22 Jun 2024 · disclosed 22 Aug 2026
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
LAZ peers
The largest companies in the same industry (Capital Markets), then in the same sector.
- NMR Nomura Holdings, Inc.
- LPLA LPL Financial Holdings Inc.
- IREN IREN Limited
- EVR Evercore Inc.
- HUT Hut 8 Corp.
- SF Stifel Financial Corporation
- SOL.AX WHSP Holdings Limited
- BMNR Bitmine Immersion Technologies, Inc.
Every financials company we cover is on the Financials hub.
Common questions
Is Lazard, Inc. (LAZ) undervalued?
Against our fair value estimate of $95.72, LAZ at $36.23 is 164% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own LAZ?
7 of the institutions we track reported a position in LAZ in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is LAZ's P/E ratio?
LAZ trades at 16.7 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Lazard, Inc. (LAZ) pay a dividend?
Yes. Lazard, Inc. yields 4.75% at the current share price. It has paid $2.00 per share over the trailing twelve months. It has paid a dividend in each of the last 21 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its LAZ data?
Fundamentals for LAZ come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 02:42 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for LAZ, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.