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NYSE:L - Loews Stock Price, Forecast & News

$33.70
-1.71 (-4.83 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
$33.03
Now: $33.70
$34.97
50-Day Range
$29.74
MA: $45.24
$55.81
52-Week Range
$28.52
Now: $33.70
$56.88
Volume1.10 million shs
Average Volume2.24 million shs
Market Capitalization$9.70 billion
P/E Ratio11.01
Dividend Yield0.71%
Beta0.69
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.
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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$6.19 per share
Book Value$73.73 per share

Profitability

Net Income$932 million

Miscellaneous

Employees18,605
Market Cap$9.70 billion
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

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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 Coronavirus reached pandemic status according to the World Health Organization. Since then, L shares have decreased by 15.2% and is now trading at $33.70. View which stocks have been mosted 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, May 4th 2020. View our earnings forecast for Loews.

How were Loews' earnings last quarter?

Loews Co. (NYSE:L) announced its quarterly earnings results on Monday, February, 10th. The insurance provider reported $0.73 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.72 by $0.01. The insurance provider had revenue of $3.88 billion for the quarter. Loews had a net margin of 6.24% and a return on equity of 4.90%. During the same quarter last year, the business posted ($0.28) EPS. View Loews' earnings history.

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

Loews declared a quarterly dividend on Tuesday, February 11th. Stockholders of record on Wednesday, February 26th will be paid a dividend of $0.0625 per share on Tuesday, March 10th. This represents a $0.25 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend is Tuesday, February 25th. View Loews' dividend history.

What price target have analysts set for L?

2 Wall Street analysts have issued 1-year price targets for Loews' stock. Their forecasts range from $71.00 to $80.00. On average, they expect Loews' stock price to reach $75.50 in the next twelve months. This suggests a possible upside of 124.0% from the stock's current price. View analysts' price targets for Loews.

Has Loews been receiving favorable news coverage?

News stories about L stock have been trending very positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Loews earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned news articles about the insurance provider a news buzz of 0.0 out of 10, meaning that recent news 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 in March. As of March 13th, there was short interest totaling 4,272,100 shares, an increase of 16.7% from the February 27th total of 3,660,000 shares. Based on an average daily trading volume, of 1,050,000 shares, the days-to-cover ratio is currently 4.1 days. Currently, 1.8% of the company's stock are sold short. 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 NVIDIA (NVDA), Intel (INTC), Walt Disney (DIS), Johnson & Johnson (JNJ), The Coca-Cola (KO), Pfizer (PFE), Visa (V), Wells Fargo & Co (WFC), Walmart (WMT) and QUALCOMM (QCOM).

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 a variety of retail and institutional investors. Top institutional shareholders include Norges Bank (4.72%), State Street Corp (4.27%), Boston Partners (1.59%), Geode Capital Management LLC (1.47%), Bank of New York Mellon Corp (0.93%) and Diamond Hill Capital Management Inc. (0.91%). 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 institutional investors are selling Loews stock?

L stock was sold by a variety of institutional investors in the last quarter, including Mitsubishi UFJ Trust & Banking Corp, Bank of New York Mellon Corp, Charles Schwab Investment Management Inc., PGGM Investments, Geode Capital Management LLC, Becker Capital Management Inc., State Street Corp, and Diamond Hill Capital Management Inc.. 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 institutional investors are buying Loews stock?

L stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, M&G Investment Management Ltd., Vestcor Investment Management Corp, Barclays PLC, MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, UBS Group AG, and Bank of America Corp DE. 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 $33.70.

How big of a company is Loews?

Loews has a market capitalization of $9.70 billion and generates $14.93 billion in revenue each year. The insurance provider earns $932 million in net income (profit) each year or $3.57 on an earnings per share basis. Loews employs 18,605 workers across the globe. View additional information about Loews.

What is Loews' official website?

The official website for Loews is http://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]


MarketBeat Community Rating for Loews (NYSE L)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  257 (Vote Outperform)
Underperform Votes:  327 (Vote Underperform)
Total Votes:  584
MarketBeat's community ratings are surveys of what our community members think about Loews and other stocks. Vote "Outperform" if you believe L will outperform the S&P 500 over the long term. Vote "Underperform" if you believe L will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/28/2020 by MarketBeat.com Staff

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