LAZ
Lazard, Inc. Financial Services - Capital Markets Investor Relations →
Lazard, Inc. (LAZ) closed at $42.38 as of 2026-07-31, trading 7.3% above its 200-week moving average of $39.51. The stock is currently moving closer to the line, down from 12.5% last week. The 14-week RSI sits at 41, indicating neutral momentum.
Trading volume is running at 1.1x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.23 ratio) is neutral — neither side is clearly dominating.
Over the past 1060 weeks of data, LAZ has crossed below its 200-week moving average 22 times. On average, these episodes lasted 18 weeks. Historically, investors who bought LAZ at the start of these episodes saw an average one-year return of +6.1%.
With a market cap of $4.1 billion, LAZ is a mid-cap stock. Return on equity stands at 25.7%, indicating strong profitability. The stock trades at 4.7x book value.
Share count has increased 9.3% over three years, indicating dilution.
Over the past 20.3 years, a hypothetical investment of $100 in LAZ would have grown to $211, compared to $824 for the S&P 500. LAZ has returned 3.7% annualized vs 10.9% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -14.7% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: LAZ vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After LAZ Crosses Below the Line?
Across 22 historical episodes, buying LAZ when it crossed below its 200-week moving average produced an average return of +8.0% after 12 months (median +7.0%), compared to +10.3% for the S&P 500 over the same periods. 64% of those episodes were profitable after one year. After 24 months, the average return was +12.9% vs +24.4% for the index.
Each line shows $100 invested at the moment LAZ crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices LAZ would reach each dislocation threshold.
Dislocation Price Levels
Prices where LAZ's Bean Score would hit each σ threshold. Valid until next earnings report (date TBD — last report: 2026-03-31).
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $34.58 | Unusually cheap — potential buy zone |
| Value | +1σ | $38.03 | Cheap vs. own history |
| Fair Value | +0σ | $42.26 | Historical mean behavior |
| Expensive | -1σ | $47.54 | Expensive vs. own history |
| Deep Expensive | -2σ | $54.32 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from LAZ's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
LAZ has crossed below its 200-week MA 22 times with an average 1-year return of +6.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 2007 | Jul 2007 | 1 | 3.6% | +5.3% | +150.6% |
| Aug 2007 | Aug 2007 | 1 | 0.5% | +12.1% | +142.6% |
| Dec 2007 | Jul 2008 | 29 | 18.2% | -21.1% | +142.8% |
| Sep 2008 | Sep 2008 | 2 | 1.4% | +1.9% | +141.9% |
| Oct 2008 | Aug 2009 | 43 | 42.5% | +15.7% | +149.9% |
| Sep 2009 | Sep 2009 | 2 | 2.9% | -1.6% | +144.8% |
| Oct 2009 | Nov 2009 | 2 | 1.5% | -0.9% | +139.7% |
| Nov 2009 | Jan 2010 | 6 | 4.6% | -4.4% | +136.6% |
| Feb 2010 | Apr 2010 | 9 | 6.0% | +22.5% | +141.4% |
| May 2010 | Oct 2010 | 25 | 29.5% | +17.2% | +159.1% |
| Nov 2010 | Nov 2010 | 1 | 1.3% | -36.1% | +147.4% |
| Jul 2011 | Dec 2012 | 77 | 38.3% | -23.9% | +161.7% |
| Jan 2016 | Mar 2016 | 9 | 16.5% | +18.4% | +103.2% |
| Apr 2016 | Nov 2016 | 32 | 22.5% | +40.1% | +109.2% |
| Oct 2018 | Apr 2019 | 26 | 14.3% | +5.0% | +65.4% |
| May 2019 | Nov 2019 | 26 | 18.9% | -23.9% | +61.7% |
| Feb 2020 | Nov 2020 | 37 | 40.7% | +14.4% | +61.3% |
| Feb 2022 | Jul 2022 | 22 | 11.7% | +10.6% | +45.5% |
| Sep 2022 | Oct 2022 | 5 | 8.3% | -0.3% | +52.2% |
| Mar 2023 | Jul 2023 | 18 | 16.9% | +22.7% | +44.6% |
| Jul 2023 | Dec 2023 | 19 | 18.8% | +37.8% | +42.9% |
| Mar 2025 | Apr 2025 | 3 | 4.9% | +22.7% | +26.6% |
| Average | 18 | — | +6.1% | — |
Frequently Asked Questions
Is LAZ below its 200-week moving average?
No. Lazard, Inc. (LAZ) is currently 7.3% above its 200-week moving average of $39.51. It would need to fall to $39.51 to cross below the line.
What is LAZ's 200-week moving average price?
Lazard, Inc.'s 200-week moving average is $39.51 as of 2026-07-31. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when LAZ drops below its 200-week moving average?
LAZ has crossed below its 200-week moving average 22 times in our data. On average, buying at that moment produced a one-year return of +6.1%. These dips have historically been decent entry points. These episodes lasted 18 weeks on average.
Is LAZ a good value right now?
Here's what our data says about LAZ as of 2026-07-31: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 41. Return on equity is 25.7%. Price-to-book is 4.7x. This is not a buy or sell recommendation — always do your own research.
How does LAZ compare to the S&P 500?
Over the past 20.3 years, $100 invested in LAZ would have grown to $211, compared to $824 for the S&P 500. That's 3.7% annualized vs 10.9% for the index. LAZ has underperformed the broader market over this period.
Does LAZ pay a dividend?
Yes. Lazard, Inc. currently pays a dividend yield of 477.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-07-31