Kenneth Jacobs - Lazard Chairman of the Board, Chief Executive Officer

LAZ Stock  USD 37.83  0.39  1.04%   

Chairman

Mr. Kenneth M. Jacobs serves as Chairman of the Board, Chief Executive Officer of Lazard Ltd. Mr. Jacobs has served as Chairman of the Board of Directors and Chief Executive Officer of Lazard Ltd and Lazard Group since November 2009. Mr. Jacobs has served as a Managing Director of Lazard since 1991 and had been a Deputy Chairman of Lazard from January 2002 until November 2009. Mr. Jacobs also served as Chief Executive Officer of Lazard North America from January 2002 until November 2009. Mr. Jacobs initially joined Lazard in 1988. Mr. Jacobs is a member of the Board of Trustees of the University of Chicago and the Brookings Institution since 2009.
Age 65
Tenure 15 years
Address 30 Rockefeller Plaza, New York, NY, United States, 10112
Phone212-632-6000
Webhttps://www.lazard.com
Jacobs was selected to be the Chairman and Chief Executive Officer of Lazard because of his vision, intellect and dynamism, his proven track record of creativity in building new businesses, and his skills as a trusted advisor, collaborator and team leader.

Lazard Management Efficiency

The company has Return on Asset of (0.0109) % which means that on every $100 spent on assets, it lost $0.0109. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0627) %, meaning that it generated no profit with money invested by stockholders. Lazard's management efficiency ratios could be used to measure how well Lazard manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to -0.02 in 2024. Return On Capital Employed is likely to rise to -0.04 in 2024. At this time, Lazard's Debt To Assets are fairly stable compared to the past year. Asset Turnover is likely to rise to 0.59 in 2024, whereas Total Assets are likely to drop slightly above 4.4 B in 2024.
The company has 2.18 B in debt with debt to equity (D/E) ratio of 1.82, which is OK given its current industry classification. Lazard has a current ratio of 7.21, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Lazard until it has trouble settling it off, either with new capital or with free cash flow. So, Lazard's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Lazard sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lazard to invest in growth at high rates of return. When we think about Lazard's use of debt, we should always consider it together with cash and equity.

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Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. The company was founded in 1848 and is based in Hamilton, Bermuda. Lazard is traded on New York Stock Exchange in the United States. Lazard (LAZ) is traded on New York Stock Exchange in USA. It is located in 30 Rockefeller Plaza, New York, NY, United States, 10112 and employs 3,291 people. Lazard is listed under Investment Banking & Brokerage category by Fama And French industry classification.

Management Performance

Lazard Leadership Team

Elected by the shareholders, the Lazard's board of directors comprises two types of representatives: Lazard inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lazard. The board's role is to monitor Lazard's management team and ensure that shareholders' interests are well served. Lazard's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lazard's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Haass, Independent Director
Evan Russo, Chief Financial Officer
JeanLouis Girodolle, Chief Executive Officer of Lazard Investment Banking
Philip Laskawy, Independent Director
Alexandra Soto, Group Executive - Human Capital and Workplace Innovation
Alexander Stern, COO and CEO of Financial Advisory
Shannon Houston, Global Marketing
Scott Hoffman, Chief Administrative Officer, General Counsel
Mark McMaster, Global MA
William Riddle, Chairman Business
Raymond McGuire, President
Richard Parsons, Lead Independent Director
Sylvia Jay, Independent Director
Kathryn Harmon, IR Contact Officer
Jane Mendillo, Independent Director
Michael Gathy, MD Officer
Andrew Alper, Independent Director
Laurent Mignon, Independent Director
Peter Orszag, Chief Executive Officer of Financial Advisory
Bennett Monson, Managing Director
Hal Scott, Independent Director
Alexandra Deignan, Head of Investor Relations
Michelle Jarrard, Independent Director
Michael Turner, Independent Director
Steven Heyer, Lead Independent Director
Paul Haigney, Vice Technology
Simon Auerbach, Managing Director, Co-Head of Information Services
Evan JD, Chief Management
Ashish Bhutani, Vice Chairman, Managing Director and CEO of LAM
Stephen Davy, Managing Director
Dominick III, Chief Officer
Chetan Bhandari, Managing Director - Restructuring
Pierre Tattevin, Managing Director
Iris Knobloch, Independent Director
David Kurtz, Vice Restructuring
Kenneth Jacobs, Chairman of the Board, Chief Executive Officer
Armand Sadoughi, Managing Director, Corporate Strategy, IR Contact Officer
Tim Wielechowski, Managing Director
Christian Weideman, General Counsel
Mary Betsch, Chief Officer
Scott Esq, Gen Officer
Matthieu Bucaille, CFO

Lazard Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Lazard a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Lazard Investors Sentiment

The influence of Lazard's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Lazard. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Lazard's public news can be used to forecast risks associated with an investment in Lazard. The trend in average sentiment can be used to explain how an investor holding Lazard can time the market purely based on public headlines and social activities around Lazard. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Lazard's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Lazard's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Lazard's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Lazard.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lazard in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lazard's short interest history, or implied volatility extrapolated from Lazard options trading.

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When determining whether Lazard offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lazard's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lazard Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lazard Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lazard. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Lazard Stock please use our How to Invest in Lazard guide.
Note that the Lazard information on this page should be used as a complementary analysis to other Lazard's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Lazard's price analysis, check to measure Lazard's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lazard is operating at the current time. Most of Lazard's value examination focuses on studying past and present price action to predict the probability of Lazard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lazard's price. Additionally, you may evaluate how the addition of Lazard to your portfolios can decrease your overall portfolio volatility.
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Is Lazard's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lazard. If investors know Lazard will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lazard listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.466
Dividend Share
2
Earnings Share
(0.90)
Revenue Per Share
28.328
Quarterly Revenue Growth
0.124
The market value of Lazard is measured differently than its book value, which is the value of Lazard that is recorded on the company's balance sheet. Investors also form their own opinion of Lazard's value that differs from its market value or its book value, called intrinsic value, which is Lazard's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lazard's market value can be influenced by many factors that don't directly affect Lazard's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lazard's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lazard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lazard's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.