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How to Buy Lazard Stock

Lazard Inc

Lazard is a capital market company located in Bermuda, which is part of the Financial Services sector, and is traded under the ticker LAZ on the NYSE exchange.

Lazard stock last closed at $36.40, down 3.47% from the previous day, and has increased 12.45% in one year. It has underperformed other stocks in the Capital Markets industry by 0.13 percentage points. Lazard stock is currently +40.98% from its 52-week low of $25.82, and -13.83% from its 52-week high of $42.24.

At the moment, there are 112.77M shares of LAZ outstanding. The market capitalization of LAZ is $4.10B. In the last 24 hours, 1.14M LAZ shares were traded.

How to Buy Lazard Stock

Wondering how to invest in Lazard stock? Here's how.
  1. Choose where to buy Lazard stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Lazard stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your payment method and add your information.
  4. Research Lazard stock: The Lazard ticker symbol is LAZ. Is Lazard stock a good investment? Should you buy shares of LAZ? How do LAZ's underlying business fundamentals look? Do top analysts think Lazard is a good buy? Why has LAZ's stock price moved recently? (Hint: Our stock research website can help you understand if LAZ is a good stock to buy).
  5. Execute your LAZ purchase: Decide if you will purchase LAZ shares at the current market price or use a limit order to purchase LAZ shares at a specific price.
  6. Get notifications regarding your LAZ position: Create a watchlist to monitor your new investment in Lazard shares.

Step 1: Choose where to buy Lazard stock

You need an online brokerage account in order to access the NYSE market and buy LAZ shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our experience, eToro is the best place to buy stocks. eToro gives you:

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Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, you'll need to fill out some personal info so you can buy LAZ today.

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  2. Provide your personal data to open a new brokerage account.
  1. Send your details by hitting the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you have created your account on the best stock trading app for beginners, you need to deposit funds:

Watch the tutorial below if you need help depositing funds into your new brokerage account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Lazard stock

Once you have chosen the best place to buy Lazard stock, it's very important to evaluate their stock before you buy, so you truly understand the risk and opportunity.

Lazard quick stats

LAZ Price
$36.40
1w %
-0.68%
1y %
12.45%
5y %
2.08%
P/E
-140x
P/B
10.45x
P/S
1.21x
PEG
N/A
Revenue
$2.74B
Earnings
-$17.55M
Fore. Rev. Growth
9.47%
Fore. Earn. Growth
N/A
Market Cap
$4.10B
Next Earnings
Jul 25, 2024
Next Dividend
N/A

Fundamentals of Lazard

WallStreetZen was created to help average investors do more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on LAZ's stock page.

Is LAZ stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge LAZ's intrinsic value.

Using relative valuations ratios:

  • LAZ may be overvalued based on its P/B ratio of 10.45x, relative to Capital Markets industry P/B ratio of 1.89x

You can access more valuation analysis on LAZ's stock here.

LAZ Financial Health

Signs that LAZ is financially healthy:

  • LAZ's operating cash flow of $486.09M allows it to safely service it's debt of $2.32B.

Signs that LAZ is not financially healthy:

  • Total LAZ debt is higher than 5 years ago, relative to shareholder equity.
  • LAZ earnings of -$4.14M is not sufficient to cover its interest payments.
  • LAZ has a relatively high debt to equity ratio of 10.31.
  • LAZ profit margin has gone down from 8.4% to -0.6% in the past year.

Is it a good time to buy Lazard stock, according to analysts?

Out of 5 Wall Street analysts who research LAZ, the consensus analyst rating on Lazard is a Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Lazard stock forecast page.

LAZ Trading Indicators

SMA10
37.54
SMA20
38.88
SMA50
39.03
SMA100
39.23
SMA200
35.6
MACD
-0.76
MACD Signal
-0.52
MACD Histogram
-0.24
RSI
33.73
Stochastic %K
26.62
Stochastic %D
24.94
StochRSI %K
34.9
StochRSI %D
27.67

LAZ Growth Numbers

Last year, LAZ revenue was $2.74B. In the past 5 year, LAZ's revenue has grown by 0.17% per year. This was slower than the Capital Markets industry average of 16.04%.

Find out more about LAZ's earnings and revenue performance here.

Are LAZ insiders buying or selling the stock?

Over the past 12 months, insiders at LAZ have sold more shares than they have bought.

Kenneth M. Jacobs, Executive Chairman of LAZ, was the latest LAZ insider to sell. They sold $165,960.00 worth of LAZ stock on Jun 3, 2024.

Learn more about who owns LAZ stock here.

Does LAZ stock generate passive income?

No, Lazard doesn't provide an income stream by paying out dividends.

What others are saying about LAZ

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Execute your LAZ purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price limit, place a limit order.

Press the Open Trade button and eToro will execute your order.

If you need more help buying stocks on eToro, watch the helpful video below:

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Step 6: Get notifications regarding your LAZ position

Now that you own some LAZ shares, you'll want to stay up-to-date on your shares.

Add LAZ to a watchlist to track the latest developments regarding your LAZ stock.

LAZ Feed

How to Buy Stock in Lazard

To reiterate, here are the 6 steps you need to take to buy Lazard stock right now:

  1. Choose where to buy Lazard stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Research Lazard stock
  5. Execute your LAZ purchase
  6. Get notifications regarding your LAZ position

If you are looking for a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to track your investment in Lazard, create your watchlist below.

NYSE: LAZ
$36.40-1.31 (-3.47%)
Updated Jun 21, 2024
Open eToro Account
NYSE: LAZ
$36.40-1.31 (-3.47%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lazard share?

As of Jun 21, 2024, it costs $36.40 to buy one share of Lazard stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.275 shares of LAZ.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Lazard stock?

According to 5 Wall Street analysts who monitor Lazard, their consensus recommendation is to buy Lazard stock.

What is the best way to buy Lazard stock?

One way to place an order for Lazard stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.