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Bank of New York Mellon Corp lowered its stake in Lazard, Inc. (NYSE: LAZ) by 4.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 477,912 shares of the asset manager's stock after selling 23,842 shares during the
Chris Bricker joins as Head of Corporate Development Theodore P. "TP" Enders joins as Head of Product NEW YORK, July 27, 2026 /PRNewswire/ -- Lazard Asset Management (LAM) today announced the appointment of two senior leaders as it advances its long-term growth strategy: Chris Bricker joins as Head of Corporate Development, and Theodore P.
Lazard shows strength in Asset Management, with revenue up 23% YoY and positive fee mix shifts on AUM growth. Advisory faces headwinds from geopolitics, rising capital costs and associated subdued private equity M&A, limiting near-term catalysts. Strategic activity and restructuring support advisory, but DCM and ECM outlook remains weak amid ongoing market uncertainty driven by capital cost risks.
On July 24, 2026, Lazard Inc (LAZ) shares rose 3.0% today, reaching a current price of $44.35. The stock has experienced a 52-week range between $38.67 and $58.
Lazard's Q2 results are hurt by weaker Financial Advisory revenues and higher expenses. Shares fell 1.2% despite growth in Asset Management and AUM.
Bank of New York Mellon Corp lowered its stake in Lazard, Inc. (NYSE: LAZ) by 4.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 477,912 shares of the asset manager's stock after selling 23,842 shares during the
Chris Bricker joins as Head of Corporate Development Theodore P. "TP" Enders joins as Head of Product NEW YORK, July 27, 2026 /PRNewswire/ -- Lazard Asset Management (LAM) today announced the appointment of two senior leaders as it advances its long-term growth strategy: Chris Bricker joins as Head of Corporate Development, and Theodore P.
Lazard shows strength in Asset Management, with revenue up 23% YoY and positive fee mix shifts on AUM growth. Advisory faces headwinds from geopolitics, rising capital costs and associated subdued private equity M&A, limiting near-term catalysts. Strategic activity and restructuring support advisory, but DCM and ECM outlook remains weak amid ongoing market uncertainty driven by capital cost risks.
On July 24, 2026, Lazard Inc (LAZ) shares rose 3.0% today, reaching a current price of $44.35. The stock has experienced a 52-week range between $38.67 and $58.
Lazard's Q2 results are hurt by weaker Financial Advisory revenues and higher expenses. Shares fell 1.2% despite growth in Asset Management and AUM.
Lazard NYSE: LAZ reported second-quarter adjusted net revenue of $786 million and first-half adjusted net revenue of $1.5 billion, while executives said the firm is seeing signs that its multi-year Lazard 2030 strategy is beginning to show through in client activity, asset flows and advisory pipelines.
Lazard, Inc. (LAZ) Q2 2026 Earnings Call Transcript
Although the revenue and EPS for Lazard (LAZ) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Lazard (LAZ) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.52 per share a year ago.
Peter Orszag, Lazard CEO and former OMB director under President Obama, joins 'Squawk Box' to discuss the company's quarterly earnings results, state of the company's 2030 plan, impact of AI, and more.
Investment bank Lazard reported a 91% plunge in second-quarter profit on Thursday, hurt by a higher tax rate and a drop in revenue in its financial advisory business.
NEW YORK, July 23, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) today reported net revenue of $808 million and adjusted net revenue1 of $786 million for the quarter ended June 30, 2026. For the first half of 2026, Lazard reported net revenue of $1,564 million and adjusted net revenue1 of $1,459 million.
NEW YORK, July 22, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.50 per share on its outstanding common stock. The dividend is payable on August 14, 2026, to stockholders of record on August 3, 2026.
NEW YORK, July 22, 2026 /PRNewswire/ -- Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.15340 per share on the Fund's outstanding common stock. The distribution is payable on August 21, 2026, to shareholders of record on August10, 2026.
Get a deeper insight into the potential performance of Lazard (LAZ) for the quarter ended June 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Lazard (LAZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The cost of building solar power projects in the United States has jumped 18% from a year earlier as tariffs, elevated interest rates and other cost pressures take hold, but the renewable energy source remains the cheapest form of new electricity generation to build, according to an annual report released on Monday by financial advisory firm Lazard.
Unprecedented Power Demand and Rising New-Build Costs Are Reinforcing the Need for a Diverse Generation Fleet and Increasing the Competitiveness of Existing Generation NEW YORK, July 13, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) today announced the release of the 19th edition of its Levelized Cost of Energy+ (LCOE+) report. Now in its 19th year, the LCOE+ remains the industry's leading annual benchmark for the cost competitiveness of energy generation technologies.
NEW YORK, July 13, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management ("AUM") as of June 30, 2026 totaled approximately $284.7 billion. The month's AUM included market appreciation of $2.3 billion, FX depreciation of $3.3 billion, and a net increase of $0.8 billion, which includes a $1.0 billion increase attributable to acquiring a controlling interest in Elaia Partners and net outflows of $0.2 billion.
Strengthens leadership as Lazard builds on expanding momentum in its Financial Advisory business Reflects ongoing succession planning with appreciation for Andrew M. Alper's service NEW YORK, July 7, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) today announced that Kathy Elsesser has been appointed to its Board of Directors, effective today.
NEW YORK, July 2, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) will announce its second quarter and first half 2026 financial results in a press release to be issued Thursday morning, July 23, 2026. The press release will be available in the News & Announcements section of Lazard's website at www.lazard.com.
DRTS, CANG and LAZ have been added to the Zacks Rank #5 (Strong Sell) List on July 2, 2026.
NEW YORK, June 23, 2026 /PRNewswire/ -- Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.15340 per share on the Fund's outstanding common stock. The distribution is payable on July 22, 2026, to shareholders of record on July 10, 2026.
BEN, TROW, LAZ and IVZ see May AUM rise on market gains, ETF demand and steady inflows across retirement and long-term strategies.
Lazard (LAZ) is making a late move to challenge Centerview Partners for Venezuela's financial advisory mandate, offering to oversee what could become one of the
On June 10, 2026, Lazard Inc (LAZ) shares fell 12.6% today, bringing the current price to $41.36. Over the last month, the stock has seen a decline of 13.1%, an
Lazard, Inc. (LAZ) Presents at Morgan Stanley US Financials Conference 2026 Transcript
NEW YORK, June 10, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management ("AUM") as of May 31, 2026 totaled approximately $284.8 billion. The month's AUM included market appreciation of $11.6 billion, net outflows of $1.4 billion and FX depreciation of $0.7 billion.
Which stock offers stronger growth potential ahead, TROW or LAZ, given their evolving strategies and global platforms? Let us discuss.
NEW YORK, May 22, 2026 /PRNewswire/ -- Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.15340 per share on the Fund's outstanding common stock. The distribution is payable on June 23, 2026, to shareholders of record on June 10, 2026.
NEW YORK, May 22, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) today announced Peter R. Orszag, CEO and Chairman, is scheduled to participate in a fireside discussion at the Morgan Stanley U.S. Financials Conference on Wednesday, June 10, at 9:45 a.m.
Lazard is set to hire Brian McCabe from JPMorgan Chase & Co to head the investment bank's energy practice in North America, two people familiar with the matter said on Thursday.
LAZ's April AUM rises 6.2% to $275.4B, driven by market gains, FX appreciation and modest net inflows as equity and alternatives lead growth.
NEW YORK, May 12, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management ("AUM") as of April 30, 2026 totaled approximately $275.4 billion. The month's AUM included market appreciation of $13.2 billion, FX appreciation of $2.9 billion and net inflows of $0.1 billion.
Lazard lacks a durable competitive moat in investment banking or asset management, raising doubts about its ambitious growth targets. LAZ's business is highly cyclical, with recent revenue declines and volatile profitability tied to capital market activity. The company aims to double annual revenues by 2030, but its muted growth history and weak operating momentum make this target questionable.
LAZ is set to acquire Campbell Lutyens for $575M, forming Lazard CL and targeting $500M revenue by 2027 to boost its private capital advisory growth.
LAZ shares slide after Q1 earnings miss estimates, with rising expenses and weaker advisory revenues overshadowing gains in asset management.
NEW YORK, May 4, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) announced today that Michael Ure has joined the firm as a Senior Advisor in the Power, Energy & Infrastructure Group, based in Houston. Michael brings more than 20 years of experience in executive and investment roles.
Lazard has hired former Western Midstream Partners Chief Executive Michael Ure as a senior adviser in the investment bank's power, energy and infrastructure group, according to a statement.
Lazard, Inc. (LAZ) Q1 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Lazard (LAZ) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Lazard (LAZ) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.56 per share a year ago.
Investment bank Lazard reported a 67% jump in first-quarter profit on Friday, as resilient client demand boosted its asset management business during a period of heightened market volatility.
Campbell Lutyens acquisition will establish the leading global primary and secondary advisory business, with approximately $500 million in anticipated combined 2027 revenue Financial Advisory exceeded Lazard 2030 growth goal for 2025 with 28 net Managing Director additions Asset Management adjusted net revenue increased 17% year-over-year with positive flows of $9 billion NEW YORK, May 1, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) today reported net revenue of $757 million and adjusted net revenue1 of $673 million for the quarter ended March 31, 2026. On a U.S. GAAP basis, Lazard reported first-quarter 2026 net income of $101 million or $0.91 per share, diluted.
NEW YORK, April 30, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.50 per share on its outstanding common stock. The dividend is payable on May 22, 2026, to stockholders of record on May 11, 2026.
Establishes Lazard CL as Lazard's third global business with Holcombe Green and Gordon Bajnai appointed Co-CEOs NEW YORK and LONDON, April 30, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) today announced that it has entered into a definitive agreement to acquire Campbell Lutyens, a premier global private markets advisor focused on fund placement, secondary advisory, and GP capital advisory services. Building on the success of Lazard's existing private capital advisory group, the combined businesses will form a new unit, Lazard CL—creating the leading private capital advisory platform globally, working in close cooperation with Lazard's world‑class M&A and broader advisory practices.
