LAZ: Lazard, Inc.
About
Lazard, Inc. is a financial advisory and asset management firm, which engages in the provision of crafting solutions to the clients, including corporations, governments, institutions, partnerships, and individuals. It operates through the Financial Advisory and Asset Management segments. The Financial Advisory segment offers corporate, partnership, institutional, government, sovereign, and individual clients, an array of financial advisory services regarding mergers and acquisitions, restructurings, capital structure, capital raising, and corporate preparedness. The Asset Management segment provides global investment solutions and investment management services. The company was founded by Alexandre Lazard, Lazare Lazard, and Simon Lazard in 1848 and is headquartered in New York, NY.
Current Value
$54.811 Year Return
Current Value
$54.811 Year Return
Key Details
Market Cap
$4.81B
P/E Ratio
21.88
1Y Stock Return
106.38%
1Y Revenue Growth
26.17%
Dividend Yield
5.75%
Price to Book
8.0
Strategies that include LAZ
Stock's related to LAZ
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MC | 75.73% | $5.22B | +66.66% | 3.25% |
| EVR | 72.99% | $11.45B | +108.92% | 1.04% |
| PIPR | 68.77% | $5.96B | +121.67% | 0.73% |
| JEF | 66.87% | $15.33B | +115.42% | 1.73% |
| PJT | 65.93% | $3.69B | +85.94% | 0.65% |
| ASB | 65.01% | $3.95B | +48.10% | 3.36% |
| PRK | 63.49% | $3.07B | +70.68% | 2.22% |
| HLI | 63.46% | $12.86B | +79.69% | 1.21% |
| SBSI | 62.45% | $1.07B | +25.26% | 4.11% |
| FCF | 62.42% | $1.89B | +40.91% | 2.77% |
| IBOC | 60.77% | $4.40B | +55.95% | 1.88% |
| FBNC | 60.74% | $1.87B | +46.57% | 1.95% |
| KMT | 60.73% | $2.17B | +21.08% | 2.88% |
| FMNB | 60.68% | $570.21M | +22.73% | 4.50% |
| NWBI | 60.25% | $1.84B | +30.71% | 5.56% |
| UCB | 59.73% | $3.91B | +35.08% | 2.86% |
| MBWM | 59.63% | $783.85M | +39.14% | 2.90% |
| IBCP | 59.56% | $779.14M | +73.12% | 2.59% |
| CNOB | 59.43% | $1.03B | +41.32% | 2.65% |
| APAM | 59.43% | $3.25B | +26.70% | 6.08% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SRRK | -0.01% | $2.61B | +134.91% | 0.00% |
| MMC | -0.02% | $108.41B | +10.89% | 1.37% |
| XNET | -0.11% | $123.61M | +26.62% | 0.00% |
| HUM | 0.18% | $33.45B | -45.22% | 1.25% |
| BZUN | 0.19% | $144.84M | -22.09% | 0.00% |
| PULM | 0.20% | $19.83M | +202.98% | 0.00% |
| CVM | -0.21% | $41.17M | -73.98% | 0.00% |
| QXO | 0.29% | $6.51B | -35.95% | 0.00% |
| CARV | -0.33% | $8.48M | -8.79% | 0.00% |
| CODX | -0.33% | $34.16M | -25.17% | 0.00% |
| UUU | -0.35% | $4.97M | -41.89% | 0.00% |
| LFVN | 0.36% | $169.84M | +130.61% | 1.10% |
| GAN | 0.36% | $83.39M | +21.19% | 0.00% |
| MX | -0.39% | $135.79M | -45.52% | 0.00% |
| TRVG | 0.44% | $37.05M | -37.92% | 0.00% |
| YY | 0.51% | $1.47B | -12.63% | 0.00% |
| PEP | 0.56% | $215.02B | -6.60% | 3.35% |
| FIVE | 0.59% | $4.65B | -54.68% | 0.00% |
| API | -0.62% | $299.01M | +33.12% | 0.00% |
| CLX | -0.62% | $20.81B | +20.66% | 2.88% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| EW | -24.02% | $41.40B | +4.84% | 0.00% |
| EXAS | -16.64% | $9.98B | -17.22% | 0.00% |
| MCK | -15.61% | $78.15B | +35.51% | 0.42% |
| PG | -15.52% | $402.15B | +14.14% | 2.33% |
| CPNG | -13.15% | $43.51B | +49.69% | 0.00% |
| WM | -12.91% | $87.92B | +27.58% | 1.34% |
| RSG | -12.60% | $66.05B | +31.79% | 1.04% |
| COR | -11.26% | $47.48B | +21.20% | 0.86% |
| MNR | -10.82% | $1.66B | -10.71% | 15.90% |
| CHD | -10.60% | $27.18B | +19.50% | 1.03% |
| MNOV | -10.17% | $93.19M | +2.15% | 0.00% |
| CL | -9.29% | $76.48B | +22.25% | 2.12% |
| CYCN | -9.03% | $4.77M | -16.19% | 0.00% |
| HUSA | -8.50% | $16.69M | -11.56% | 0.00% |
| BSX | -8.16% | $133.13B | +63.29% | 0.00% |
| BTCT | -8.11% | $42.61M | +353.33% | 0.00% |
| CYD | -7.61% | $364.46M | -2.94% | 4.26% |
| PGR | -7.36% | $149.10B | +57.29% | 0.45% |
| WST | -7.23% | $22.02B | -13.73% | 0.27% |
| TCTM | -7.10% | $8.10M | -42.99% | 0.00% |
ETF's related to LAZ
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| KCE | 70.37% | $466.96M | 0.35% |
| AVUV | 66.56% | $15.25B | 0.25% |
| SDVY | 66.47% | $7.17B | 0.6% |
| BSVO | 65.87% | $1.53B | 0.47% |
| XSVM | 65.73% | $853.92M | 0.37% |
| DES | 65.46% | $2.13B | 0.38% |
| KBWB | 65.21% | $2.52B | 0.35% |
| EES | 64.95% | $668.71M | 0.38% |
| FXO | 64.90% | $1.02B | 0.62% |
| DFSV | 64.73% | $4.16B | 0.31% |
| KBE | 64.18% | $2.42B | 0.35% |
| RDVY | 64.10% | $12.93B | 0.49% |
| DFAT | 64.09% | $11.16B | 0.28% |
| RDVI | 63.92% | $1.52B | 0.75% |
| IYG | 63.44% | $1.62B | 0.39% |
| IWN | 63.06% | $13.17B | 0.24% |
| GSSC | 63.05% | $529.86M | 0.2% |
| CALF | 63.02% | $8.93B | 0.59% |
| IAI | 62.98% | $1.72B | 0.4% |
| DFUV | 62.93% | $11.68B | 0.21% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| AGZD | -0.10% | $142.76M | 0.23% |
| HIGH | -0.21% | $302.78M | 0.51% |
| CSHI | -0.84% | $482.85M | 0.38% |
| KRBN | -1.19% | $242.47M | 0.85% |
| WEAT | -1.70% | $120.27M | 0.28% |
| SOYB | 1.70% | $27.32M | 0.22% |
| XBIL | -2.01% | $637.70M | 0.15% |
| TBIL | 2.31% | $4.38B | 0.15% |
| IBDP | 2.54% | $2.11B | 0.1% |
| DBA | -3.04% | $755.88M | 0.93% |
| HDRO | -3.17% | $164.26M | 0.3% |
| YEAR | 3.53% | $1.13B | 0.25% |
| IVOL | 3.59% | $548.70M | 1.02% |
| KCCA | -3.67% | $220.51M | 0.87% |
| SHV | 4.06% | $18.13B | 0.15% |
| XONE | 4.34% | $548.88M | 0.03% |
| MINT | -4.56% | $11.62B | 0.35% |
| DUSB | 4.77% | $797.63M | 0.15% |
| ULST | -4.87% | $535.47M | 0.2% |
| EQLS | -5.00% | $76.08M | 1% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -35.27% | $388.04M | 1.43% |
| VIXY | -32.82% | $195.31M | 0.85% |
| TAIL | -27.48% | $67.98M | 0.59% |
| CTA | -14.66% | $350.27M | 0.78% |
| USDU | -11.66% | $201.97M | 0.5% |
| BSCO | -9.35% | $2.35B | 0.1% |
| MUST | -8.22% | $410.00M | 0.23% |
| DFNM | -8.03% | $1.40B | 0.17% |
| UUP | -7.95% | $309.25M | 0.77% |
| UNG | -7.43% | $908.80M | 1.06% |
| JUCY | -7.34% | $324.29M | 0.6% |
| CORN | -7.23% | $61.12M | 0.2% |
| KMLM | -6.58% | $353.87M | 0.9% |
| CGMU | -6.37% | $2.53B | 0.27% |
| CLOI | -6.24% | $715.40M | 0.4% |
| BUXX | -5.96% | $162.67M | 0.25% |
| XHLF | -5.73% | $874.27M | 0.03% |
| EQLS | -5.00% | $76.08M | 1% |
| ULST | -4.87% | $535.47M | 0.2% |
| MINT | -4.56% | $11.62B | 0.35% |
News
Yahoo
(Bloomberg) -- Billionaire investor Wes Edens’ New Fortress Energy Inc. has hired Lazard Inc. and Intrepid Financial Partners LLC to explore possible assets sales, according to people familiar with the matter, as the company works to get its finances in order.Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftA Bug’s Eye View of Mexico City’s Modernist Architectu
Yahoo
NEW YORK & SAN FRANCISCO, November 18, 2024--Lazard, Inc. (NYSE: LAZ) today announced that Jennifer (Jen) Tedesko joined the firm as a Managing Director within the Private Capital Advisory (PCA) business, based in San Francisco.
Yahoo
(Bloomberg) -- Lazard Inc. said it hired Jennifer Tedesko as a managing director in its private-capital advisory business, where she’ll focus on originating and advising on private equity secondary transactions. Most Read from BloombergIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftParis to Replace Parking Spaces With TreesAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist ArchitectureNew York’s Transit Agency Approves
Yahoo
LAZ's preliminary AUM balance for October 2024 declines 4.8% on a sequential basis due to an unfavorable market.
Yahoo
NEW YORK, November 12, 2024--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management ("AUM") as of October 31, 2024 totaled approximately $235.8 billion. The month’s AUM included market depreciation of $4.4 billion, foreign exchange depreciation of $4.2 billion and net outflows of $3.3 billion.
SeekingAlpha
All major U.S. indices posted gains in the third quarter with the economy demonstrating resilience and forecasters anticipating a soft landing.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.