NYSE:L - Loews 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 15.2% and is now trading at $33.70. View which stocks have been mosted 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, May 4th 2020. View our earnings forecast for Loews.

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.

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.

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.

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.

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.

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

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).

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

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.

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.

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.

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 $33.70.

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.

The official website for Loews is http://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]