After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
Stocks Info
LAZ belongs to the Financial sector of the NYSE while operating in the Capital Markets industry. The current market capitalization of Lazard Inc is $4.77B. A total of 0.9 million shares were traded on the day, compared to an average of 733.58K shares.
In the most recent transaction, JACOBS KENNETH M sold 87,770 shares of LAZ for 48.08 per share on Sep 03 ’24. After the transaction, the Executive Chairman now owns 1,553,225 company shares. In a previous transaction on Sep 03 ’24, JACOBS KENNETH M sold 71,731 shares at 48.08 per share. LAZ shares that Executive Chairman owns now total 204,279.
Among the insiders who sold shares, JACOBS KENNETH M disposed of 29,503 shares on Sep 04 ’24 at a per-share price of $48.29. This resulted in the Executive Chairman holding 1,523,722 shares of LAZ after the transaction. In another insider transaction, JACOBS KENNETH M bought 29,503 shares at $48.29 per share on Sep 04 ’24.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Lazard Inc pays an annual dividend of $2.00, resulting in a dividend yield of 3.79%, and it has a price to earnings (P/E) ratio of 20.98. LAZ’s most recent ex-dividend date was 3.77% when it declared a $0.50 quarterly dividend that was paid in cash on 11/8/2024. Previously, the company paid the dividend on 8/5/2024 with an ex-dividend date of 4.2%. The LAZ stock dividend was $0.50 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, LAZ has a high of $61.14 and a low of $34.25.
As of this writing, LAZ has an earnings estimate of $0.64 per share for the current quarter. EPS was calculated based on a consensus of 8.0 estimates, with a high estimate of $0.75 per share and a lower estimate of $0.46.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $2.15B in liabilities at the time. Its Book Value Per Share was $6.90, while its Total Shareholder’s Equity was $1.65B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 3.63.
