Lazard Inc (LAZ)
Lazard Inc operates in the Financial - Capital Markets industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $42.67, down 3.13% on the session, giving a market capitalisation of $4.16B. On trailing twelve-month figures it carries a trailing P/E of 18.65, a net margin of 6.9%. Its beta of 1.42 implies it has historically moved more than the broad market.
Lazard, Inc. operates as a financial advisory and asset management firm in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services. This segment offers its services to corporate, partnership, institutional, government, sovereign, and individual clients to various industry areas, including consumers and retail; financial institutions; financial sponsors; healthcare and life sciences; industrials; media, entertainment, and sports; power, energy, and infrastructure; real estate; technology; and telecom and digital infrastructure. The Asset Management segment offers a range of investment solutions; investment and wealth management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard, Inc. was incorporated in 1848 and is headquartered in New York, New York.
Lazard Inc is most often compared with the following Financial Services names: