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

Lazard, Inc. (NYSE:LAZ) – Zacks Research raised their Q3 2025 earnings per share estimates for shares of Lazard in a research note issued to investors on Wednesday, July 2nd. Zacks Research analyst R. Department now expects 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) last posted its quarterly earnings results on Friday, April 25th. The asset manager reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.27. The firm had revenue of $669.16 million for the quarter, compared to analyst estimates of $698.39 million. Lazard had a return on equity of 37.64% and a net margin of 10.15%. The business’s quarterly revenue was down 15.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.66 EPS.

A number of other research analysts have also weighed in on LAZ. JMP Securities reissued a “market outperform” rating and set a $55.00 target price on shares of Lazard in a report on Monday, April 28th. Keefe, Bruyette & Woods boosted their target price on Lazard from $44.00 to $46.00 and gave the stock a “market perform” rating in a report on Monday, May 12th. Wall Street Zen lowered Lazard from a “buy” rating to a “hold” rating in a report on Thursday, April 10th. Wells Fargo & Company decreased their target price on Lazard from $44.00 to $38.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 8th. Finally, The Goldman Sachs Group boosted their target price on Lazard from $35.00 to $40.00 and gave the stock a “sell” rating in a report on Thursday, May 15th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $46.33.

Lazard Stock Up 0.7%

LAZ stock opened at $50.37 on Friday. The company has a current ratio of 3.24, a quick ratio of 3.24 and a debt-to-equity ratio of 2.60. The firm has a market capitalization of $5.68 billion, a PE ratio of 17.55 and a beta of 1.33. Lazard has a 1-year low of $31.97 and a 1-year high of $61.14. The business’s 50 day simple moving average is $44.23 and its 200 day simple moving average is $46.16.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Voya Investment Management LLC grew its holdings in Lazard by 2.0% in the 1st quarter. Voya Investment Management LLC now owns 1,217,486 shares of the asset manager’s stock valued at $52,717,000 after buying an additional 23,346 shares in the last quarter. Strs Ohio bought a new stake in shares of Lazard during the 1st quarter valued at $3,381,000. Geneos Wealth Management Inc. lifted its position in shares of Lazard by 72.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,007 shares of the asset manager’s stock valued at $87,000 after acquiring an additional 845 shares during the period. Focus Partners Wealth lifted its position in shares of Lazard by 178.6% during the 1st quarter. Focus Partners Wealth now owns 103,778 shares of the asset manager’s stock valued at $4,494,000 after acquiring an additional 66,525 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Lazard by 8.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 238,288 shares of the asset manager’s stock valued at $10,318,000 after acquiring an additional 18,444 shares during the period. 54.80% of the stock is owned by institutional investors and hedge funds.

Lazard Announces Dividend

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

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.