Lazard (LAZ) Set to Release Quarterly Earnings on Thursday

Lazard (NYSE:LAZ) is expected to be posting its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect Lazard to post earnings of $0.4194 per share and revenue of $844.23 million for the quarter. Parties are encouraged to explore the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 22, 2026 at 8:00 AM ET.

Lazard (NYSE:LAZ) last announced its earnings results on Friday, July 24th. The asset manager reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.22). The company had revenue of $786.47 million during the quarter, compared to analysts’ expectations of $736.29 million. Lazard had a net margin of 6.95% and a return on equity of 23.58%. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.52 earnings per share. On average, analysts expect Lazard to post $1.93 EPS for the current fiscal year and $3.77 EPS for the next fiscal year.

Lazard Stock Performance

Lazard stock opened at $36.63 on Wednesday. The firm’s fifty day moving average price is $39.74 and its 200-day moving average price is $43.03. The company has a debt-to-equity ratio of 1.87, a quick ratio of 2.84 and a current ratio of 2.84. The stock has a market cap of $4.05 billion, a P/E ratio of 18.74, a price-to-earnings-growth ratio of 1.19 and a beta of 1.47. Lazard has a fifty-two week low of $34.13 and a fifty-two week high of $58.75.

Insider Transactions at Lazard

In other news, CEO Peter Orszag sold 125,000 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $43.52, for a total transaction of $5,440,000.00. Following the transaction, the chief executive officer directly owned 260,942 shares of the company’s stock, valued at approximately $11,356,195.84. This trade represents a 32.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.95% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on LAZ. Morgan Stanley lowered their price target on Lazard from $44.00 to $41.00 and set an “underweight” rating on the stock in a research report on Thursday, October 8th. Capital One Financial set a $38.00 price objective on Lazard in a report on Tuesday, October 6th. Weiss Ratings cut Lazard from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, July 29th. Citigroup reiterated a “market outperform” rating on shares of Lazard in a research report on Friday, July 24th. Finally, UBS Group decreased their price objective on Lazard from $44.00 to $40.00 and set a “neutral” rating on the stock in a report on Wednesday, October 7th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Lazard has an average rating of “Hold” and a consensus price target of $46.25.

About Lazard

Lazard, Ltd. is a global financial advisory and asset management firm that serves corporations, financial institutions, governments, sovereign entities and individuals. Its Financial Advisory business provides advice on mergers and acquisitions, strategic matters, capital structure, restructuring, capital raising and other complex financial transactions.

Through its Asset Management business, Lazard offers investment strategies across equities, fixed income, private markets, alternatives and multi-asset portfolios.