NYSE:LLoews Stock Price, Forecast & News

Loews' stock was trading at $39.73 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, L shares have decreased by 12.7% and is now trading at $34.69. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Loews in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Loews.

Loews is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Loews.

Loews Co. (NYSE:L) issued its earnings results on Monday, May, 4th. The insurance provider reported ($0.25) earnings per share for the quarter. The insurance provider had revenue of $3.10 billion for the quarter. Loews had a positive return on equity of 2.88% and a negative net margin of 0.66%. View Loews' earnings history.

Loews announced a quarterly dividend on Tuesday, May 12th. Shareholders of record on Wednesday, May 27th will be given a dividend of $0.0625 per share on Tuesday, June 9th. This represents a $0.25 annualized dividend and a yield of 0.72%. The ex-dividend date is Tuesday, May 26th. View Loews' dividend history.

2 equities research analysts have issued 12-month price targets for Loews' stock. Their forecasts range from $71.00 to $80.00. On average, they anticipate Loews' stock price to reach $75.50 in the next twelve months. This suggests a possible upside of 117.6% from the stock's current price. View analysts' price targets for Loews.

Headlines about L stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Loews earned a daily sentiment score of 1.8 on InfoTrie's scale. They also assigned news headlines about the insurance provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Loews.

Loews saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 3,810,000 shares, an increase of 10.1% from the June 15th total of 3,460,000 shares. Based on an average daily trading volume, of 1,550,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.6% of the shares of the stock are short sold. View Loews' Current Options Chain.

Some companies that are related to Loews include American International Group (AIG), Hartford Financial Services Group (HIG), Assurant (AIZ), American Financial Group (AFG), Kemper (KMPR), American National Insurance (ANAT), Horace Mann Educators (HMN) and Genworth Financial (GNW). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Loews investors own include Walt Disney (DIS), Johnson & Johnson (JNJ), NVIDIA (NVDA), Coca-Cola (KO), Walmart (WMT), Pfizer (PFE), Intel (INTC), Mcdonald's (MCD), PepsiCo (PEP) and Visa (V).

Loews trades on the New York Stock Exchange (NYSE) under the ticker symbol "L."

Loews' stock is owned by many different retail and institutional investors. Top institutional investors include Reinhart Partners Inc. (0.17%), O Keefe Stevens Advisory Inc. (0.06%), State of Alaska Department of Revenue (0.06%), Foundation Resource Management Inc. (0.05%), Envestnet Asset Management Inc. (0.03%) and Richard P Slaughter Associates Inc (0.02%). Company insiders that own Loews stock include Andrew H Tisch, Ann E Berman, Charles M Diker, Corp Loews, David B Edelson, Jonathan M Tisch, Joseph L Bower, Kenneth I Siegel, Marc A Alpert, Mark S Schwartz, Philip A Laskawy, Richard Waldo Scott and Walter L Harris. View institutional ownership trends for Loews.

L stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Reinhart Partners Inc., IFM Investors Pty Ltd, Richard P Slaughter Associates Inc, and Louisiana State Employees Retirement System. Company insiders that have sold Loews company stock in the last year include David B Edelson, Jonathan M Tisch, Kenneth I Siegel, Marc A Alpert, Mark S Schwartz, Philip A Laskawy, and Richard Waldo Scott. View insider buying and selling activity for Loews.

L stock was purchased by a variety of institutional investors in the last quarter, including O Keefe Stevens Advisory Inc., State of Alaska Department of Revenue, DNB Asset Management AS, and Foundation Resource Management Inc.. View insider buying and selling activity for Loews.

Shares of L can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of L stock can currently be purchased for approximately $34.69.

Loews has a market capitalization of $9.76 billion and generates $14.93 billion in revenue each year. Loews employs 18,605 workers across the globe.

The official website for Loews is www.loews.com.

Loews' mailing address is 667 MADISON AVE, NEW YORK NY, 10065. The insurance provider can be reached via phone at 212-521-2000 or via email at [email protected]