LAZ — Lazard Ltd

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Lazard Ltd

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 an… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$48.06
Market Cap$4.69B
Float97.6M
Shares Outstanding98.4M
P/E (Forward)16.34
P/E (TTM)18.70
Price/Sales (TTM)1.47
vs. Analyst Target+9.5% to analyst PT
Profit Margin8.67%
Operating Margin (TTM)13.75%
Revenue (TTM)$3.20B
Earnings Growth (YoY)62.50%
Dividend Rate2.0%
Analyst Target Price$52.63 (8 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $2.64B $402M $1.09B $620M
2021 $3.27B $528M $1.37B $843M
2022 $2.83B $358M $1.17B $641M
2023 $2.55B -$75.5M $605M $40.9M
2024 $3.09B $280M $1.08B $511M
2025 $3.19B $237M $1.01B $449M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $808M $55.3M
Sep 2025 $763M $71.2M
Dec 2025 $929M $49.9M
Mar 2026 $772M $101M

Ownership & Float

Insider Ownership0.8%
Institutional Ownership96.6%
Short Float4.6%
% of All Funds Holding3.75%
Number of Funds Holding308

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$44.94Near-term / short-term trend
Weekly40-Week SMA$49.78Medium-term trend
Weekly80-Week SMA$49.13Cyclical trend (business cycle)
Weekly200-Week SMA$42.06Secular trend (multi-year)
Monthly10-Month SMA$50.12Near-term monthly trend
Monthly20-Month SMA$49.69Medium-term monthly trend
Monthly40-Month SMA$43.39Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$43.00 support 1.24x 0 months ago
$49.00 resistance 1.75x 1 months ago
$39.20 support 1.02x 11 months ago
$38.50 support 1.24x 21 months ago

Historical Earnings Reactions (85 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.24% 0.27% 58.82% 3.13% -3.42%
1 Day 0.17% -0.10% 48.24% 8.70% -7.96%
1 Week -1.03% -0.72% 40.00% 12.37% -14.63%
2 Weeks -1.14% -0.27% 49.41% 19.00% -19.29%
1 Month -1.16% -0.20% 50.00% 19.85% -21.84%

Next earnings: July 20, 2026 (54 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan3.5%71.4%21
Feb-2.7%38.1%21
Mar-0.9%42.9%21
Apr0.5%47.6%21
May-2.2%40.0%20
Jun-1.2%47.6%21
Jul8.1%81.0%21
Aug-0.1%57.1%21
Sep-1.7%52.4%21
Oct2.1%71.4%21
Nov3.2%71.4%21
Dec0.8%57.1%21

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.19% 46.2% 991
Tuesday 0.09% 50.4% 1086
Wednesday 0.23% 51.3% 1086
Thursday 0.07% 49.1% 1065
Friday 0.01% 50.4% 1063

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 96.6%

Insider Transactions — Smart Summary

Total insider ownership: 0.8%

12-Month Insider Activity Summary

Total Filings6
Net Value-$16.9M
Net Shares Change-124,025
% of Float-0.1%
C-Suite Filings6
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Orszag Peter Richard CEO and Chairman -$7.4M 2 N/A
Russo Evan L CEO of Asset Management -$4.2M 1 1 sell
Soto Alexandra Chief Operating Officer -$3.8M 1 1 sell
Hogbin Christopher CEO Asset Management -$1.5M 1 N/A
Gathy Michael Chief Accounting Officer -$34,163.29 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-09-11 – 2025-09-17 3 3 -$7.1M 3 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-09-11 Russo Evan L CEO of Asset Management -$4.2M Transaction at $56.54, now -15.0%
2025-06-13 Soto Alexandra Chief Operating Officer -$3.8M Transaction at $43.81, now +9.7%
2026-03-19 Hogbin Christopher CEO Asset Management -$1.5M Transaction at $40.05, now +20.0%
2026-03-18 Orszag Peter Richard CEO and Chairman -$4.5M Transaction at $40.79, now +17.8%
2025-09-11 Gathy Michael Chief Accounting Officer -$34,163.29 Transaction at $55.37, now -13.2%
2025-09-17 Orszag Peter Richard CEO and Chairman -$2.8M Transaction at $54.84, now -12.4%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Lazard Ltd (LAZ) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for LAZ on Trend Edge →