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Monday, June 5, 2023

The Question Is Whether To Buy Or Not To Buy Lazard Ltd (NYSE: LAZ)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Lazard Ltd (LAZ) shows that investor sentiment remained same, with the stock’s consolidated last price remained same by $0.00, or 0.00%, to $28.15. The Lazard Ltd has recorded 55,566 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Lazard Reports April 2023 Assets Under Management.

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Stocks Info

Lazard Ltd is listed on the NYSE as a member of the Financial sector and is a part of the Capital Markets industry. At the end of the last regular session, the stock closed at $28.15 and fluctuated between $28.71 as its day high and $27.73 as its day low. The current market capitalization of Lazard Ltd is $3.23B. A total of 0.84 million shares were traded on the day, compared to an average of 757.90K shares.

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, LAZ has seen 9 BUY and 8 SELL insider trades, representing the acquisition of 682,288 and the disposition of 326,782 shares. Over the last 12 months, there were 17 BUYs and 16 SELLs from insiders. Insiders purchased 694,209 shares during that period but sold 594,643.

In the most recent transaction, Stern Alexander F. sold 49,000 shares of LAZ for 36.39 per share on Nov 29. After the transaction, the President now owns 50,258 company shares. In a previous transaction on May 31, Stern Alexander F. sold 70,000 shares at 35.29 per share. LAZ shares that President owns now total 209,258.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Lazard Ltd pays an annual dividend of $2.00, resulting in a dividend yield of 7.10%, and it has a price to earnings (P/E) ratio of 13.04. LAZ’s most recent ex-dividend date was 5/5/2023 when it declared a $0.50 quarterly dividend that was paid in cash on 5/19/2023. Previously, the company paid the dividend on 2/24/2023 with an ex-dividend date of 2/10/2023. The LAZ stock dividend was $0.50 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for LAZ in the last 3 months, the mean price target is $36.14 with high estimates of $53.00 and low estimates of $28.00. In terms of 52-week highs and lows, LAZ has a high of $43.44 and a low of $27.71.

As of this writing, LAZ has an earnings estimate of $0.21 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.41 per share and a lower estimate of $0.05. The company reported an EPS of $0.69 in the last quarter, which was -14.80% lower than expectations of $0.81.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LAZ’s latest balance sheet shows that the firm has $2.81B in Cash & Short Term Investments as of fiscal 2021. There were $2.24B in debt and $1.44B in liabilities at the time. Its Book Value Per Share was $5.15, while its Total Shareholder’s Equity was $1.65B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LAZ is Buy with a score of 3.60.

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