Lazard, Inc. (LAZ)
After hours:
| Previous close | 46.10 |
| Open | 46.79 |
| Bid | 41.60 x 800 |
| Ask | 47.69 x 800 |
| Day's range | 46.67 - 47.80 |
| 52-week range | 25.82 - 50.26 |
| Volume | |
| Avg. volume | 937,932 |
| Market cap | 4.307B |
| Beta (5Y monthly) | 1.38 |
| PE ratio (TTM) | 29.49 |
| EPS (TTM) | 1.62 |
| Earnings date | 25 July 2024 |
| Forward dividend & yield | 2.00 (4.19%) |
| Ex-dividend date | 05 Aug 2024 |
| 1y target est | 51.75 |
Investor's Business DailyThis Top Industry Group Is Loaded With Stocks In Bullish Chart Patterns
Interactive Brokers and other financial stocks are in bases. And investment banks have turned the corner with big earnings growth estimates.
ZacksLazard's August AUM Declines Marginally on Net Outflows
LAZ's AUM balance in August 2024 declines marginally on the back of net outflows, partially offset by market and foreign exchange appreciation.
ReutersLazard reports August outflows of $7.5 billion due to client's strategy switch, source says
Lazard's asset management business saw net outflows of $7.5 billion in August after one of its clients switched to a passive investing strategy, a person familiar with the matter told Reuters on Thursday. The bank was one of several asset managers to be impacted after the client restructured its developed market assets portfolio, the person said, without naming the client. Passive investing typically refers to a buy-and-hold portfolio strategy that involves minimal trading in the market and mostly centers around investing in index-tracking funds.
