Summary

74.71 -0.03(-0.04%)07/01/2024
Loews Corp. (L)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
-0.01-3.39-1.46-3.616.0325.101,556.541,128.78


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Trading Data
Close74.71
Open75.15
High75.54
Low74.55
Volume295,602
Change-0.01
Change %-0.01
Avg Volume (20 Days)544,274
Volume/Avg Volume (20 Days) Ratio0.54
52 Week Range58.81 - 78.55
Price vs 52 Week High-4.89%
Price vs 52 Week Low27.04%
Range-0.59
Gap Up/Down-0.67
Fundamentals
Market Capitalization (Mln)16,546
EBIDTA3,414,000,128
PE Ratio9.2196
PEG Ratio2.6900
WallStreet Target Price60.00
Book Value70.2100
Earnings Per Share6.1510
EPS Estimate Current Quarter0.0000
EPS Estimate Next Quarter0.0000
EPS Estimate Current Year0.0000
EPS Estimate Next Year0.0000
Diluted EPS (TTM)6.1510
Revenues
Profit Marging0.1112
Operating Marging (TTM)0.1825
Return on asset (TTM)0.0208
Return on equity (TTM)0.0937
Revenue TTM14,670,999,552
Revenue per share TTM55.3520
Quarterly Revenue Growth (YOY)-0.0270
Quarterly Earnings Growth (YOY)0.7090
Gross Profit (TTM)3,810,000,000
Dividends
Dividend Share0.2500
Dividend Yield0.0044
Valuations
Trailing PE9.2196
Forward PE0.0000
Price Sales (TTM)0.0000
Price Book (MRQ)0.8130
Revenue Enterprise Value 1.6537
EBITDA Enterprise Value0.0000
Shares
Shares Outstanding253,684,000
Shares Float212,224,769
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.00
Insider (%)16.50
Institutions (%)64.39


06/03 12:15 EST - youtube.com
Loews Hotels' Tisch: Pent-up demand for lodging has waned while other areas are getting stronger
Jonathan Tisch, Loews Hotels executive chairman and New York Giants co-owner, joins 'Squawk on the Street' to discuss the executive chairman's thoughts on consumer spending, the company's hotel in Texas, and the trend for corporate travel.
05/20 07:16 EST - https://www.defenseworld.net
Loews Co. (NYSE:L) Shares Sold by Beacon Pointe Advisors LLC
Beacon Pointe Advisors LLC cut its holdings in shares of Loews Co. (NYSE:L – Free Report) by 1.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,145 shares of the insurance provider’s stock after selling 337 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in Loews were worth $1,889,000 at the end of the most recent reporting period. Several other large investors also recently bought and sold shares of L. Northern Trust Corp raised its stake in Loews by 6.3% during the third quarter. Northern Trust Corp now owns 2,236,376 shares of the insurance provider’s stock worth $141,585,000 after purchasing an additional 131,736 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Loews by 1.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,587,817 shares of the insurance provider’s stock worth $110,496,000 after acquiring an additional 21,323 shares during the last quarter. Royal Bank of Canada raised its position in Loews by 2.6% in the third quarter. Royal Bank of Canada now owns 935,189 shares of the insurance provider’s stock valued at $59,207,000 after purchasing an additional 23,756 shares during the period. Assenagon Asset Management S.A. grew its holdings in shares of Loews by 316.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 580,107 shares of the insurance provider’s stock worth $36,727,000 after purchasing an additional 440,693 shares during the period. Finally, Barclays PLC lifted its position in Loews by 34.9% in the third quarter. Barclays PLC now owns 577,591 shares of the insurance provider’s stock valued at $36,568,000 after buying an additional 149,500 shares during the last quarter. Hedge funds and other institutional investors own 58.33% of the company’s stock. Loews Stock Up 0.7 % Shares of NYSE L opened at $77.74 on Monday. Loews Co. has a 1 year low of $55.94 and a 1 year high of $78.55. The company has a market capitalization of $17.21 billion, a price-to-earnings ratio of 11.53 and a beta of 0.82. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.34 and a quick ratio of 0.34. The business has a 50-day moving average of $76.41 and a two-hundred day moving average of $72.76. Loews (NYSE:L – Get Free Report) last posted its earnings results on Monday, May 6th. The insurance provider reported $2.05 EPS for the quarter. Loews had a net margin of 9.27% and a return on equity of 9.45%. The firm had revenue of $4.23 billion for the quarter. Loews Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 11th. Investors of record on Wednesday, May 29th will be paid a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.32%. The ex-dividend date is Wednesday, May 29th. Loews’s dividend payout ratio is currently 3.71%. Insiders Place Their Bets In other Loews news, Director Paul J. Fribourg sold 951 shares of the stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $75.02, for a total transaction of $71,344.02. Following the completion of the sale, the director now directly owns 21,200 shares of the company’s stock, valued at approximately $1,590,424. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Loews news, insider Jonathan M. Tisch sold 50,000 shares of Loews stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $77.39, for a total value of $3,869,500.00. Following the sale, the insider now owns 607,799 shares of the company’s stock, valued at approximately $47,037,564.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul J. Fribourg sold 951 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $75.02, for a total value of $71,344.02. Following the transaction, the director now owns 21,200 shares in the company, valued at approximately $1,590,424. The disclosure for this sale can be found here. In the last three months, insiders have sold 150,951 shares of company stock valued at $11,659,844. Insiders own 18.70% of the company’s stock. About Loews (Free Report) Loews Corporation provides commercial property and casualty insurance in the United States and internationally. The company offers specialty insurance products, such as management and professional liability, and other coverage products; surety and fidelity bonds; property insurance products that include standard and excess property, marine and boiler, and machinery coverages; and casualty insurance products, such as workers' compensation, general and product liability, and commercial auto, surplus, and umbrella coverages. See Also Five stocks we like better than Loews What is a Low P/E Ratio and What Does it Tell Investors? Canada Goose Flies Higher Driven By DTC Growth Stock Splits, Do They Really Impact Investors? CVS Health Stock Has a Silver Lining Called Value Profitably Trade Stocks at 52-Week Highs Magnificent 7 Still Magnificent as the Halfway Mark Approaches?
05/14 10:41 EST - prnewswire.com
LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK
NEW YORK, May 14, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today the declaration of the Company's quarterly dividend of $0.0625 per share of Common Stock, payable June 11, 2024 to shareholders of record as of the close of business on May 29, 2024. Loews Corporation is a diversified company with businesses in the insurance, energy, hospitality, and packaging industries.
05/06 06:00 EST - prnewswire.com
LOEWS CORPORATION REPORTS NET INCOME OF $457 MILLION FOR THE FIRST QUARTER OF 2024
NEW YORK, May 6, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) today released its first quarter 2024 financial results. First Quarter 2024 highlights: Loews Corporation reported net income of $457 million, or $2.05 per share, in the first quarter of 2024, which represents a 22% increase over $375 million, or $1.61 per share, in the first quarter of 2023.
04/16 10:00 EST - prnewswire.com
Loews Corporation to Release First Quarter 2024 Results on May 6, 2024
NEW YORK , April 16, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) will report first quarter 2024 financial results on Monday, May 6, 2024. On that date the Company will also post earnings remarks on its website.
02/13 11:30 EST - prnewswire.com
Loews Arlington Hotel and Convention Center Officially Opens Its Doors
$550 Million Hotel Development is Loews' Second Loews Property in the Metroplex, adding 888 rooms and 266,000 square feet of function space to Arlington's Entertainment District ARLINGTON, Texas , Feb. 13, 2024 /PRNewswire/ -- Loews Hotels & Co, a wholly owned subsidiary of Loews Corporation (NYSE: L), today opens the Loews Arlington Hotel and Convention Center. The hotel is Loews' second and largest hotel in Arlington, Texas and the first-of-its-kind in the market, ushering a new era of hospitality to North Texas.
02/05 15:16 EST - seekingalpha.com
Loews Corporation (L) Q4 2023 Earnings Call Transcript
Loews Corporation (L) Q4 2023 Earnings Call Transcript
02/05 06:59 EST - reuters.com
Loews fourth-quarter profit jumps on investment income gains
Loews Corp on Monday reported a near 26% jump in fourth-quarter profit, as higher premiums and a market rally at the end of last year helped the insurer earn more on its investments.
02/05 06:00 EST - prnewswire.com
LOEWS CORPORATION REPORTS NET INCOME OF $446 MILLION FOR THE FOURTH QUARTER OF 2023 AND $1.4 BILLION FOR THE FULL YEAR
14.0 MILLION COMMON SHARES REPURCHASED IN 2023 FOR $852 MILLION NEW YORK, Feb. 5, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) today released its fourth quarter 2023 financial results.  Fourth Quarter highlights: Loews Corporation reported net income of $446 million, or $1.99 per share, in the fourth quarter of 2023, which represents a 26% increase over $355 million, or $1.49 per share, in the fourth quarter of 2022.
01/16 10:00 EST - prnewswire.com
Loews Corporation to Release Fourth Quarter 2023 Results on February 5, 2024
NEW YORK , Jan. 16, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) will report fourth quarter 2023 financial results on Monday, February 5, 2024. On that date the Company will also post earnings remarks on its website.
11/15 12:42 EST - seekingalpha.com
Loblaw Companies Limited (LBLCF) Q3 2023 Earnings Call Transcript
Loblaw Companies Limited (OTCPK:LBLCF) Q3 2023 Earnings Conference Call November 15, 2023 10:00 AM ET Company Participants Roy MacDonald - Vice President-Investor Relations Galen Weston - Chairman and President Richard Dufresne - Chief Financial Officer Conference Call Participants Irene Nattel - RBC Capital Markets Michael Van Aelst - TD Cowen Tamy Chen - BMO Capital Markets George Doumet - Scotiabank Mark Petrie - CIBC Vishal Shreedhar - National Bank Financial Chris Li - Desjardins Operator Good morning, ladies and gentlemen. Thank you for standing by.
10/30 08:08 EST - proactiveinvestors.com
Loews reports strong 3Q earnings, supported by insurance operations
Loews (NYSE:L) has reported a strong recovery in third-quarter revenue and earnings, supported by its insurance business and higher investment income. The conglomerate grew revenue to $3.93 billion for the three months to September 30, 2023, up from $3.46 billion in 3Q 2022.
10/30 06:00 EST - prnewswire.com
LOEWS CORPORATION REPORTS NET INCOME OF $253 MILLION FOR THE THIRD QUARTER OF 2023
NEW YORK , Oct. 30, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) today released its third quarter 2023 financial results. Third  Quarter highlights:  Loews Corporation reported net income of $253 million, or $1.12 per share, in the third quarter of 2023 compared to a net loss of $22 million, or $0.09 per share, in the third quarter of 2022.
10/24 20:55 EST - businesswire.com
Loews Hollywood Reaches Union Agreement with UNITE HERE Local 11; Strikes Continue in Downtown LA and Other SoCal Hotels
LOS ANGELES--(BUSINESS WIRE)--After a historic summer of strikes, UNITE HERE Local 11 and Loews Hollywood have reached a tentative agreement. The Loews Hollywood joins the Westin Bonaventure and the historic Biltmore Los Angeles in signing an agreement with their workers. “I am extremely glad we came to an agreement that helps us and the hotel move forward,” said Maria Camarena, housekeeper of 21 years. “My coworkers and I never gave up, and we will continue to support other hotel workers as th.
10/13 18:09 EST - CNBC Television
Chartmaster says insurance stocks primed for breakout
Carter Worth, Worth Charting, joins ‘Fast Money' traders to discuss the next step in insurance stocks.
10/10 10:00 EST - prnewswire.com
Loews Corporation to Release Third Quarter 2023 Results on October 30, 2023
NEW YORK , Oct. 10, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) will report third quarter 2023 financial results on Monday, October 30, 2023. On that date the Company will also post earnings remarks on its website.
09/19 10:08 EST - prnewswire.com
Loews Corporation Elects Jonathan Locker to Its Board of Directors
NEW YORK , Sept. 19, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today that Jonathan Locker has been elected a director of Loews and appointed as a member of its Audit Committee.