Lazard stock
LAZNYSELazard Inc, Financial ServicesISIN US52110M1099
64Score 64 out of 100, Neutral
Price and trend
60 / 100
Price history
−18% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 4.1% below it.
Since March 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 67).
The price is 26% below its 52-week high. Largest decline in 20 years: 65% (May 2007 to October 2011).
Chart figures for advanced users
- SMA 50$38.12
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$43.71
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)67
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$34.66
- The lowest closing price of the last twelve months.
- Resistance$57.00
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Lazard Inc belongs to the Financial (Capital Markets) industry (United States) and, with a market value of $4.09B, is number 53 of 81 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $3.19B (up 3.2% year on year) and earnings of $236.83M (down 15.4%).
- For fiscal 2026, analysts expect on average revenue of $3.29B (up 3.3%) and adjusted earnings per share of $1.23 (down 49.6%).
Show more
- MEQIRI Score 64 out of 100 (Neutral): rank 629 of 976 in Financial Services, median 68.
- The P/E is 24.8 (Financial (Capital Markets) median 13.7, own median of recent years 13.2).
- Our model puts fair value at $28.43, with the price 47% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Analysts expect strong earnings growthUp 45.8% a year through 2028 (estimates from 5 analysts).
- High return on equityReturn on equity 20.4% over the last 12 months.Profitability 81
- Reliable dividendNo dividend cut for 21 years.Capital allocation 84
Weaknesses
- Richly valuedP/E 24.8, Financial (Capital Markets) median 13.7, own median 13.2.Valuation 44
- Dividend not coveredPayouts over the last 12 months were 118% of earnings.
- Margin fallingOperating margin 13%, average of the prior years 18.3% (to 2024).
Its standout strengths are fundamentals and capital allocation, while valuation and growth hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are strong overall.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What lowers it
- solid fundamentals
Valuation
Valuation signal
Modestly overvaluedIn our model the price counts as cheap below $20.31 and expensive above $47.38 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $33.63 (excess return model) and $23.23 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 11.2%. At 12.2% the fair value would be $26.42, at 10.2% it would be $31.07.
Valuation metrics
Half from the excess return model, half from earnings times the industry P/E (13.7).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 10.1% on the twelve months before. Revenue has grown solidly since 2006, at about 4% per year.
Margins
- Operating margin
- Net margin
In fiscal 2025: operating 13%, net 7%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out.
Debt & balance sheet
latest quarterFor banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 4 Feb 2027in 84 days
- Last reported
- 22 Oct 2026EPS reported $0.36 (expected $0.42)below expectations
Analyst estimates
Analysts have cut their 2026 earnings estimate by 40.0% since 15 Oct 2026. Falling estimates often precede bad news.
- Earnings per share
- $1.23−40.0%
- Revenue
- $3.29B−1.0%
- Earnings per share
- $3.21−10.2%
- Revenue
- $3.9B−0.4%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: +1.8%No change stated: the tax rate is still expected in the high 20s percent range, and the acquisition is expected to be accretive to earnings in 2027.
“It is not indicative of the full year effective tax rate, which we still expect to be in the high 20s percent range on a GAAP basis.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 23 Jul 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. One insider sold, $5.44M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Orszag Peter RichardSale
25 Aug 2026, CEO & Chairman
- Shares
- 125,000
- Price
- $43.52
- Value
- $5.44M
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Lazard
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
976 rated companies in Financial Services
- This company
- 64
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Financial (Capital Markets)
The next larger and next smaller companies by market value
- Virtu FinancialVIRT $5.25B77
- BGC GroupBGC $5.24B72
- Huaan Securities600909.SS $5.2B75
- MoelisMC $4.17B67
- XTBXTB.WA $4.02B86
- Miami International HoldingsMIAX $3.69B61
- MARA HoldingsMARA $2.96B27
- flatexDEGIROFTK.DE $2.71B70
ETFs that hold Lazard
Held by 15 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares Dow Jones U.S. Select Dividend UCITS ETF (DE)EXX5 | 0.40% | 0.31% | €415.03M |
| iShares S&P SmallCap 600 UCITS ETFIUS3 | 0.23% | 0.30% | €2.28B |
| iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETFSXRG | 0.12% | 0.43% | €2.48B |
Show 5 more
| WisdomTree US Equity Income UCITS ETF EUR Hedged AccWTDY | 0.09% | 0.35% | €204.34M |
| WisdomTree US High Dividend UCITS ETF AccWTD9 | 0.09% | 0.29% | €182.46M |
| iShares MSCI World Small Cap CTB Enhanced ESG UCITS ETFCBUG | 0.08% | 0.35% | €434.1M |
| State Street SPDR MSCI USA Small Cap Value Weighted UCITS ETFZPRV | 0.05% | 0.30% | €944.34M |
| State Street SPDR MSCI World Small Cap UCITS ETF (Acc)ZPRS | 0.04% | 0.45% | €1.53B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 17 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.