NYSE:L

Loews (L) Stock Forecast, Price & News

$63.31

-0.58 (-0.91%)

(As of 09/29/2023 ET)

Compare

Today's Range: $63.03
▼
$63.91
50-Day Range: $61.00
▼
$65.08
52-Week Range: $49.76
▼
$65.39

Volume: 921,343 shs
Average Volume: 788,689 shs
Market Capitalization: $14.28 billion

P/E Ratio: 12.04
Dividend Yield: 0.39%
Price Target: N/A

Loews MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.90% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -4.67
Upright™ Environmental Score
News Sentiment: 0.73
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$175.08 M Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.25 out of 5 stars

Finance Sector

568th out of 868 stocks

Fire, Marine, & Casualty Insurance Industry

27th out of 48 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Loews.

5.0

Short Interest

Percentage of Shares Shorted
0.90% of the float of Loews has been sold short.
Short Interest Ratio / Days to Cover
Loews has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Loews has recently decreased by 9.24%, indicating that investor sentiment is improving significantly.

0.8

Dividend Strength

Dividend Yield
Loews has a dividend yield of 0.39%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Loews does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Loews is 4.75%. This payout ratio is at a healthy, sustainable level, below 75%.

0.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Loews has received a -62.82% net impact score from Upright. The largest negative impact of Loews in category "GHG emissions" seems to be driven mostly by its "Refined oil", "Plastic consumer electronics packages", "Refined natural gas", and "Natural gas handling services" products. See details.
Environmental Sustainability
The Environmental Impact score for Loews is -4.67.

2.1

News and Social Media Coverage

News Sentiment
Loews has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Loews this week, compared to 4 articles on an average week.
Search Interest
Only 7 people have searched for L on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days.
MarketBeat Follows
8 people have added Loews to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Loews insiders have bought 498,755.15% more of their company's stock than they have sold. Specifically, they have bought $175,078,204.00 in company stock and sold $35,096.00 in company stock.
Percentage Held by Insiders
18.30% of the stock of Loews is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
54.03% of the stock of Loews is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Loews is 12.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of Loews is 12.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 71.52.
Price to Book Value per Share Ratio
Loews has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Loews (NYSE:L) Stock

Loews Corp. is a holding company, which engages in the business of commercial property and casualty insurance, transportation and storage of natural gas and natural gas liquids, and operation of a chain of hotels. It operates through the following segments: CNA Financial Corporation, Boardwalk Pipeline Partners, LP and Loews Hotels Holding Corporation, and Corporate. The CNA Financial Corporation segment includes the sale of property and casualty insurance products and services. The Boardwalk Pipeline Partners segment transports and stores natural gas and natural gas liquids. The Loews Hotels Holding Corporation segment operates hotels. The Corporate segment includes investment income and interest expenses. The company was founded by Laurence A. Tisch and Preston Robert Tisch on November 12, 1969 and is headquartered in New York, NY.

L Price History

30 days | 90 days | 365 days | Advanced Chart

L Stock News Headlines

September 8, 2023 | insidertrades.com

Insiders Are Buying These 2 Stocks

September 25, 2023 | yahoo.com

Loews Hotels Is Majorly Upgrading the Way Kids Eat on Vacation

September 29, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

September 21, 2023 | americanbankingnews.com

Loews (NYSE:L) Hits New 1-Year High at $65.05

September 19, 2023 | benzinga.com

Loews Corporation Elects Jonathan Locker to Its Board of Directors

September 13, 2023 | finance.yahoo.com

Loews Stock Tops Buy Point, A Stone's Throw From All-Time High

September 11, 2023 | apnews.com

Bernie Taupin, Elton John’s lyricist, would like to have a word

September 9, 2023 | msn.com

Guide to Arlington, Texas: What to know, things to do in this major Texas sports town

September 29, 2023 | Chaikin Analytics (Ad)

This Stock Could Go Up 66% or More.

Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.

September 7, 2023 | marketwatch.com

Loews Corp. stock rises Thursday, outperforms market

September 6, 2023 | marketwatch.com

Loews Corp. stock outperforms market despite losses on the day

August 29, 2023 | forbes.com

Cheeseburger Lovers Need To Try These 30 Epic Spins On The Classic

August 27, 2023 | finance.yahoo.com

Loews (NYSE:L) shareholders have earned a 19% CAGR over the last three years

August 25, 2023 | msn.com

Loews: The Underperformance Continues, I Say Hold

August 15, 2023 | msn.com

Loews Hotels will control almost 1,500 Arlington hotel rooms with new purchase

August 15, 2023 | marketwatch.com

Loews Corp. stock outperforms competitors despite losses on the day

August 14, 2023 | marketwatch.com

Loews Corp. stock falls Monday, underperforms market

August 14, 2023 | msn.com

Visiting Minion Land? There’s A Way To Get Even More Despicable On Your Next Universal Orlando Trip

August 11, 2023 | benzinga.com

Loews Recent Insider Activity

August 11, 2023 | msn.com

How the Loews Regency Makes Your New York Trip Easy for Everyone (Even Your Pets!)

August 9, 2023 | msn.com

Staycation Kansas City: A Luxurious Loews weekend of Fun

August 1, 2023 | finance.yahoo.com

Is Now The Time To Put Loews (NYSE:L) On Your Watchlist?

July 31, 2023 | skift.com

Loews Hotels’ Contrarian Strategy Helps it Land Big Deals and Fend Off Short-Term Rentals

July 31, 2023 | finanznachrichten.de

Loews Corporation Reports Net Income Of $360 Million For The Second Quarter Of 2023

July 31, 2023 | washingtonpost.com

Loews: Q2 Earnings Snapshot

July 31, 2023 | marketwatch.com

Loews 2Q Profit Surged on Investment Returns

July 31, 2023 | msn.com

Loews Posts Improved Q2 Results On Broad Based Growth

See More Headlines

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L Company Calendar

Last Earnings: 7/31/2023
Ex-Dividend for 8/29 Dividend: 8/15/2023
Dividend Payable: 8/29/2023
Today: 9/29/2023
Next Earnings (Estimated): 10/30/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Fire, marine, & casualty insurance
Sub-Industry: Multi-line Insurance
Sector: Finance
Current Symbol: NYSE:L
CUSIP: 54042410
CIK: 60086
Web: www.loews.com
Phone: (212) 521-2000
Fax: 212-545-2525
Employees: 12,050
Year Founded: 1969

Profitability

EPS (Most Recent Fiscal Year): $5.26
Trailing P/E Ratio: 12.00
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $1.01 billion
Net Margins: 8.21%
Pretax Margin: 11.58%
Return on Equity: 8.72%
Return on Assets: 1.74%

Debt

Debt-to-Equity Ratio: 0.52
Current Ratio: 0.33
Quick Ratio: 0.33

Sales & Book Value

Annual Sales: $14.04 billion
Price / Sales: 1.01
Cash Flow: $6.38 per share
Price / Cash Flow: 9.90
Book Value: $65.19 per share
Price / Book: 0.97

Miscellaneous

Outstanding Shares: 225,510,000
Free Float: 184,241,000
Market Cap: $14.24 billion
Optionable: Optionable
Beta: 0.84

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Key Executives

James S. Tisch
President, Chief Executive Officer & Director

Jane J. Wang
Chief Financial Officer & Senior Vice President

Herb E. Hoffmann
Vice President-Information Technology

Richard Waldo Scott
Chief Investment Officer & Senior Vice President

Marc A. Alpert
Secretary, Senior Vice President & General Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

L Stock - Frequently Asked Questions

How have L shares performed in 2023?: Loews' stock was trading at $58.33 at the start of the year. Since then, L shares have increased by 8.2% and is now trading at $63.13.
View the best growth stocks for 2023 here.
Are investors shorting Loews?: Loews saw a decrease in short interest in September. As of September 15th, there was short interest totaling 1,670,000 shares, a decrease of 9.2% from the August 31st total of 1,840,000 shares. Based on an average trading volume of 688,600 shares, the short-interest ratio is currently 2.4 days. Approximately 0.9% of the shares of the company are short sold.
View Loews' Short Interest.
When is Loews' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our L earnings forecast.
How were Loews' earnings last quarter?: Loews Co. (NYSE:L) issued its earnings results on Monday, July, 31st. The insurance provider reported $1.58 earnings per share for the quarter. The insurance provider had revenue of $3.93 billion for the quarter. Loews had a trailing twelve-month return on equity of 8.72% and a net margin of 8.21%.
How often does Loews pay dividends? What is the dividend yield for Loews?: Loews announced a quarterly dividend on Tuesday, August 1st. Investors of record on Wednesday, August 16th will be paid a dividend of $0.0625 per share on Tuesday, August 29th. This represents a $0.25 annualized dividend and a yield of 0.40%. The ex-dividend date of this dividend is Tuesday, August 15th.
Read our dividend analysis for L.
What ETFs hold Loews' stock?: ETFs with the largest weight of Loews (NYSE:L) stock in their portfolio include Absolute Select Value ETF (ABEQ), Davis Select Financial ETF (DFNL), Cambria Value and Momentum ETF (VAMO), SPDR S&P Insurance ETF (KIE), iShares U.S. Insurance ETF (IAK), Invesco S&P 500 Pure Value ETF (RPV), Invesco S&P 500 Equal Weight Financials ETF (RSPF) and Invesco S&P 500 Equal Weight Financials ETF (RYF).
Is Loews a good dividend stock?: Loews (NYSE:L) pays an annual dividend of $0.25 per share and currently has a dividend yield of 0.39%. The dividend payout ratio is 4.75%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for L.

What is James S. Tisch's approval rating as Loews' CEO?: 22 employees have rated Loews Chief Executive Officer James S. Tisch on Glassdoor.com. James S. Tisch has an approval rating of 72% among the company's employees.
What other stocks do shareholders of Loews own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Loews investors own include Johnson & Johnson (JNJ), NVIDIA (NVDA), Intel (INTC), Pfizer (PFE), Walt Disney (DIS), Coca-Cola (KO), AT&T (T), QUALCOMM (QCOM), Walmart (WMT) and Advanced Micro Devices (AMD).
What is Loews' stock symbol?: Loews trades on the New York Stock Exchange (NYSE) under the ticker symbol "L."
How do I buy shares of Loews?: Shares of L stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Loews' stock price today?: One share of L stock can currently be purchased for approximately $63.13.
How much money does Loews make?: Loews (NYSE:L) has a market capitalization of $14.24 billion and generates $14.04 billion in revenue each year. The insurance provider earns $1.01 billion in net income (profit) each year or $5.26 on an earnings per share basis.
How many employees does Loews have?: The company employs 12,050 workers across the globe.
How can I contact Loews?: Loews' mailing address is 667 MADISON AVE, NEW YORK NY, 10065. The official website for the company is www.loews.com. The insurance provider can be reached via phone at (212) 521-2000, via email at ir@loews.com, or via fax at 212-545-2525.

This page (NYSE:L) was last updated on 9/29/2023 by MarketBeat.com Staff

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