NYSE:LLoews Stock Price, Forecast & News

Loews' stock was trading at $39.73 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, L shares have decreased by 19.7% and is now trading at $31.91. 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) posted its quarterly earnings data on Monday, May, 4th. The insurance provider reported ($0.25) EPS 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 declared 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 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend is Tuesday, May 26th. View Loews' dividend history.

2 brokerages have issued 12-month price objectives 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 year. This suggests a possible upside of 136.6% from the stock's current price. View analysts' price targets for Loews.

News stories about L stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Loews earned a news impact score of 1.5 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 media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutLoews.

Loews saw a increase in short interest in 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. Currently, 1.5% 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), Assurant (AIZ), American Financial Group (AFG), Kemper (KMPR), American National Insurance (ANAT), Genworth Financial (GNW) and Horace Mann Educators (HMN). 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 institutional and retail investors. Top institutional investors 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.

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.

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.

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 $31.91.

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.

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]