- Price
- $43.74
- Day
- +1.27%
- Mkt Cap
- $4.26B
- 52W Range
- $38.67 – $58.75
- Volume
- 671.8K
- Beta
- 1.42
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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
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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.
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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.
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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.
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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.
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Lazard, Inc. (LAZ) Q2 2026 Earnings Call Transcript
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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.
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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.
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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.
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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.
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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.
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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.
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