LAZ · Lazard, Inc.
$45.22
+1.16 (+2.63%)
At close · Aug 19
Market Cap
$4.89B
Shares
111.69M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$44.06
Open$43.50
Day$43.00–44.36
52W close$39.11–57.75
Avg vol 30d1.7M
Short int9.3M · 8.4% float · 4.6d
Short vol77%
Last earningsJul 23, 2026
DataJan 2020–Aug 2026
Filing10-Q · Jul 28
Up next
Next earnings call
Oct 23, 2026
Est · unconfirmed
· in 9 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Jul 28, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Neutral
SellHoldBuy
Technical
Buy
Momentum
Very Weak
Sentiment
Bullish
Fundamentals
Strong
Quant / Vol
Moderate
Market backdrop
VIX 14.9 · calm
Equity put/call 0.64
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−7%
below
Price vs 50-day avg
+3%
above
RSI (14)
53
neutral
MACD trend
Positive
52-week position
27%
mid-range
Momentum
relative strength
1-month return
+1%
trailing
6-month return
−15%
trailing
YTD return
−9%
this year
Relative strength
−25%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $43 › 200d $47 — 200d above 50d
Institutional flow
Accumulating
+2% holders QoQ · +67 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
8.35% of float · ▼ -13.9% MoM · 4.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
341 holders — near 2-yr high, broad support
Squeeze score
59
elevated · 0–100
Fundamentals
Revenue growth
+1%
Y/Y
EPS growth
−19%
Y/Y
Free cash flow
$487.4M
Valuation
P/E 17.4
below peers
Buyback
$257.0M
remaining
Balance sheet
$218.7M
net debt
Quant / Vol
risk profile
Volatility
41%
annualized · 1-yr
Max drawdown
−32%
past year
ATR
4.0%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Prior guidance
period ended
· from the Earnings Call filed Sep 30, 2025
Effective tax rate
· full year 2025
0.2%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−7%
Bearish
Price vs 50-day avg
+3%
Bullish
RSI (14)
53
Neutral
MACD trend
Positive
Bullish
52-week position
27%
Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $43 › 200d $47 — 200d above 50d
Institutional flow
Accumulating
+2% holders QoQ · +67 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
8.35% of float · ▼ -13.9% MoM · 4.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
341 holders — near 2-yr high, broad support
Price context
position in its 52-week range
Range low $39
Now $44 · 27%
Range high $58
vs 200-day avg -7%
vs 50-day avg +3%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted Asset Management net revenue non-GAAP | $640.15M | Six Months Ended June 30, 2026 | — |
| Adjusted compensation and benefits expense non-GAAP | $1.02B | Six Months Ended June 30, 2026 | — |
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| Adjusted compensation ratio non-GAAP | 69.9% | first half of 2026 | — |
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| Adjusted Corporate net revenue non-GAAP | $17.82M | Six Months Ended June 30, 2026 | — |
| Adjusted effective tax rate non-GAAP | 19.2% | Six Months Ended June 30, 2026 | — |
| Adjusted Financial Advisory net revenue non-GAAP | $801.49M | Six Months Ended June 30, 2026 | — |
| Adjusted net income non-GAAP | $59.57M | Six Months Ended June 30, 2026 | — |
| Adjusted net revenue non-GAAP | $1.46B | Six Months Ended June 30, 2026 | — |
| Adjusted non-compensation expenses non-GAAP | $320.4M | Six Months Ended June 30, 2026 | — |
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| Adjusted non-compensation ratio non-GAAP | 22% | first half of 2026 | — |
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| Adjusted operating income non-GAAP | $118.9M | Six Months Ended June 30, 2026 | — |
| Adjusted operating margin non-GAAP | 8.1% | Six Months Ended June 30, 2026 | — |
| Average assets under management (AUM) | $279B | second quarter of 2026 | — |
| Average AUM | $271B | first half of 2026 | — |
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| Foreign exchange depreciation | $1.1B | the sequential change from March 31, 2026 | — |
| Management fees on an adjusted basis non-GAAP | $310M | second quarter of 2026 | — |
| Market appreciation | $27.1B | the sequential change from March 31, 2026 | — |
| Net Flows | -$1.61B | Three Months Ended June 30, 2026 | — |
| Positive net flows | $7.4B | first half of 2026 | — |
| Repurchased shares | 1.2M | first half of 2026 | — |
| Returned to shareholders | $277M | first half of 2026 | — |
| Total AUM | $284.65B | As of June 30, 2026 | — |
| AUM | 259B | first quarter of 2026 | — |
| Ending AUM | $254B | fourth quarter 2025 | — |
| Financial Advisory adjusted net revenue non-GAAP | $1.8B | full year 2025 | — |
| Foreign exchange appreciation | $11.1B | full year 2025 | — |
| Managing Directors hired | 21 | full year 2025 | — |
| Net inflows excluding one large U.S. sub-advised relationship | $8.4B | full year 2025 | — |
| Net outflows | $18.1B | full year 2025 | — |
| Revenue per MD non-GAAP | $8.9M | full year 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Capital Markets — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
LAZ
this stock
Lazard, Inc.
|
$4.89B | -9.3% | +1.5% | 17.4 | 8.4% |
|
MS
Morgan Stanley
|
$342.71B | +22.5% | +5.5% | 17.6 | 0.8% |
|
GS
Goldman Sachs Group Inc
|
$297.48B | +18.4% | +8.9% | 15.8 | 2.1% |
|
SCHW
Schwab Charles Corp
|
$192.99B | +11.8% | +22.0% | 20.3 | 1.2% |
|
HOOD
Robinhood Markets, Inc.
|
$86.11B | -19.1% | +51.6% | 42.4 | 3.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| LAZ | +1.3% | +1.3% | -14.7% | +4.0% | -9.3% |
| SPY | -0.4% | +2.6% | +10.7% | +2.7% | +12.5% |
| vs SPY | +1.7% | -1.3% | -25.5% | +1.2% | -21.8% |
Capital returns
Latest dividend
$0.50
/ share · ex Aug 3, 2026
Paid (TTM)
$2.00
/ share · 4 payouts
Dividend yield (TTM, derived)
4.54%
Buyback program
· as of Jul 22, 2026
Authorized
$257.00M
Spent (derived)
$0
Remaining
$257.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1311370
CUSIP
52110M109
13F (30d)
305 filings
300 filers
Visit website
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