LAZ

Lazard Ltd

Fundamental data last updated:October 10, 2026

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company profile

SECTOR

Financial Services

industry

Financial - Capital Markets

Exchange

NYSE

County of HQ

BM

Next Earnings Date

Pending Announcement

Business Summary

Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions, restructurings, capital advisory, shareholder advisory, capital raising, sovereign advisory, and other strategic advisory matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients across various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, and real estate, as well as technology, telecommunication, and media and entertainment. The Asset Management segment offers a range of investment solutions, and 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. The company was founded in 1848 and is based in Hamilton, Bermuda.

 


VALUATION

P/E

17.55

Market Cap ($M USD)

$4.82B

Forward P/E

10.00

PEG

0.13

PRICE TO SALES

1.47

PRICE TO BOOK

5.52

EV / EBITDA

12.26

5-Year Average P/E

Free Cash Flow Yield

10.99%

DCF Value

$35.52

Graham Number

$23.58

Price to FCF

9.10

EV to FCF

11.24

Earnings Yield

5.70%

FCF Yield

10.99%

DIVIDEND

Yield

4.09%

Annual Payout

$2.00

Payout Ratio

67.99%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$2.79

Next Year EPS Growth Estimate

$4.90

Next Year Revenue Growth Estimate

$4.29B

Return on Equity (ROE)

33.24%

FREE CASH FLOW

Operating Margin

12.23%

Debt-to-Equity

2.95

Piotroski F-Score

6

Altman Z-Score

3.07

Return on Invested Capital (ROIC)

9.44%

Current Ratio

0.00

Quick Ratio

0.00

Net Debt to EBITDA

2.34

Interest Coverage

4.48

Gross Profit margin

31.69%

FCF PER SHARE

$5.32

REVENUE PER SHARE

$32.90

Gainseekers Quantitative Analysis

Summary

Lazard Ltd’s valuation paints a complex picture. Recent pricing indicated it traded above its DCF Value, suggesting a potential overvaluation. However, the Forward P/E of 9.82 and a robust Earnings Yield of 5.8% imply a more attractive future outlook. The Altman Z-score of 3.07 suggests financial stability, but the market seems to be pricing in significant growth expectations. The disparity between current pricing and the Graham Number further underscores potential mispricing.

AI Exposure / Tech Reliance

Operating within the Financial - Capital Markets industry, Lazard is well-positioned to leverage AI and tech advancements. The sector's inherent need for data analytics and algorithmic trading aligns with AI capabilities. Lazard's adaptability will be crucial in maintaining its competitive edge.

The Bull Case

For the discerning GARP investor, Lazard offers compelling reasons to buy. With an impressive ROIC of 9.44% and a solid FCF Yield of 11.18%, the company demonstrates strong capital efficiency. The Piotroski F-Score of 6 indicates decent financial health, while a Gross Profit Margin of 31.69% highlights its pricing power. These metrics suggest Lazard is adept at generating returns and managing resources effectively.

The Bear Case

Despite its strengths, Lazard faces significant structural risks. The Price/Book ratio of 5.43 and Price/Sales of 1.45 suggest a premium valuation, potentially limiting upside. Its Debt/Equity ratio of 2.95 raises concerns about leverage, and the stock's proximity to its 52-week high could indicate technical overextension. These factors may deter risk-averse investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$48.50

Institutional Ownership %

1-Year Beta

1.43

Insider Buying % (6 Mo)

Distance to 52-Week High

20.07%

Distance to 52-Week Low

20.97%

EARNINGS SURPRISE %

-19.23%

50-DAY SMA

$45.35

200-DAY SMA

$49.91

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.