Log in

NYSE:LLoews Stock Price, Forecast & News

$31.91
-0.18 (-0.56 %)
(As of 05/22/2020 04:00 PM ET)
Add
Compare
Today's Range
$31.31
Now: $31.91
$32.28
50-Day Range
$28.80
MA: $33.35
$39.42
52-Week Range
$27.33
Now: $31.91
$56.88
Volume846,314 shs
Average Volume1.67 million shs
Market Capitalization$8.98 billion
P/E RatioN/A
Dividend Yield0.78%
Beta0.77
Loews Corporation, through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally. It operates through CNA Financial Corporation; Diamond Offshore Drilling, Inc.; Boardwalk Pipeline Partners, LP; and Loews Hotels Holding Corporation segments. The company offers specialty insurance products, such as management and professional liability insurance coverages and products; surety and fidelity bonds; and warranty and alternative risk services. It also provides commercial property insurance products include standard and excess property, marine, and boiler and machinery coverages; casualty insurance products comprise workers' compensation, general and product liability, commercial auto, and umbrella coverages; and loss-sensitive insurance programs; and warranty, risk management, information, and claims administration services. The company markets its insurance products and services primarily through independent agents, brokers, and managing general underwriters. In addition, the company offers contract drilling services through a fleet of 17 offshore drilling rigs consisting of 4 drillships and 13 semisubmersible rigs. Further, it is involved in the transportation and storage of natural gas and natural gas liquids (NGLs). It owns and operates natural gas pipelines covering approximately 13,805 miles of interconnected pipelines; approximately 455 miles of NGL pipelines in Louisiana and Texas; and 14 underground storage fields with aggregate working gas capacity of approximately 205 billion cubic feet of natural gas. Additionally, it operates a chain of 24 hotels in the United States and Canada. The company was incorporated in 1969 and is headquartered in New York, New York.
Read More
Loews logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.75 out of 5 stars


Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryMulti-line Insurance
SectorFinance
CUSIP54042410
Phone212-521-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.93 billion
Cash Flow$6.51 per share
Book Value$73.73 per share

Profitability

Net Income$932 million

Miscellaneous

Employees18,605
Market Cap$8.98 billion
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

Receive L News and Ratings via Email

Sign-up to receive the latest news and ratings for L and its competitors with MarketBeat's FREE daily newsletter.

Loews (NYSE:L) Frequently Asked Questions

How has Loews' stock been impacted by COVID-19 (Coronavirus)?

Loews' stock was trading at $39.73 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, L stock has decreased by 19.7% and is now trading at $31.91. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Loews?

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.

When is Loews' next earnings date?

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

How were Loews' earnings last quarter?

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

How often does Loews pay dividends? What is the dividend yield for Loews?

Loews announced a quarterly dividend on Tuesday, May 12th. Investors 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 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend is Tuesday, May 26th. View Loews' dividend history.

What price target have analysts set for L?

2 Wall Street analysts have issued 1-year target prices for Loews' stock. Their forecasts range from $71.00 to $80.00. On average, they anticipate Loews' share price to reach $75.50 in the next twelve months. This suggests a possible upside of 136.6% from the stock's current price. View analysts' price targets for Loews.

Has Loews been receiving favorable news coverage?

News articles about L stock have been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Loews earned a coverage optimism score of 1.5 on InfoTrie's scale. They also assigned media stories about the insurance provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutLoews.

Are investors shorting Loews?

Loews saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 3,680,000 shares, an increase of 8.6% from the March 31st total of 3,390,000 shares. Based on an average daily volume of 1,470,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.5% of the company's stock are short sold. View Loews' Current Options Chain.

Who are some of Loews' key competitors?

What other stocks do shareholders of Loews own?

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).

Who are Loews' key executives?

Loews' management team includes the following people:
  • Mr. Jonathan M. Tisch, Co-Chairman (Age 65)
  • Mr. James S. Tisch, Pres, CEO & Director (Age 66)
  • Mr. David B. Edelson, Sr. VP & CFO (Age 60)
  • Mr. Kenneth I. Siegel, Sr. VP (Age 62)
  • Mr. Richard Waldo Scott, Sr. VP & Chief Investment Officer (Age 66)

What is Loews' stock symbol?

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

Who are Loews' major shareholders?

Loews' stock is owned by many different retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (6.83%), BlackRock Inc. (6.20%), State Street Corp (4.37%), Wells Fargo & Company MN (1.77%), Geode Capital Management LLC (1.48%) and Invesco Ltd. (1.21%). Company insiders that own Loews stock include Andrew H Tisch, Ann E Berman, Charles M Diker, 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.

Which major investors are selling Loews stock?

L stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Diamond Hill Capital Management Inc., Marathon Asset Management LLP, Bank of New York Mellon Corp, Invesco Ltd., State Street Corp, BlackRock Inc., and UBS Group AG. Company insiders that have sold Loews company stock in the last year include David B Edelson, Jonathan M Tisch, Joseph L Bower, Kenneth I Siegel, Marc A Alpert, Mark S Schwartz, Philip A Laskawy, and Richard Waldo Scott. View insider buying and selling activity for Loews.

Which major investors are buying Loews stock?

L stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Bessemer Group Inc., Donald Smith & CO. Inc., Parametric Portfolio Associates LLC, Swiss National Bank, APG Asset Management N.V., APG Asset Management N.V., and Reinhart Partners Inc.. View insider buying and selling activity for Loews.

How do I buy shares of 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.

What is Loews' stock price today?

One share of L stock can currently be purchased for approximately $31.91.

How big of a company is Loews?

Loews has a market capitalization of $8.98 billion and generates $14.93 billion in revenue each year. Loews employs 18,605 workers across the globe.

What is Loews' official website?

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

How can I contact Loews?

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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.