Loews - L Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Loews in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" L shares.
View L analyst ratings or view top-rated stocks.

1 brokerages have issued 1-year price objectives for Loews' shares. Their L share price forecasts range from $112.00 to $112.00. On average, they anticipate the company's stock price to reach $112.00 in the next twelve months. This suggests a possible upside of 124.1% from the stock's current price.
View analysts price targets for L or view top-rated stocks among Wall Street analysts.

Loews' stock was trading at $57.76 at the beginning of the year. Since then, L stock has decreased by 13.5% and is now trading at $49.98.
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Loews saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,010,000 shares, an increase of 16.9% from the August 15th total of 1,720,000 shares. Based on an average daily trading volume, of 861,400 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.0% of the company's stock are short sold.
View Loews' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our L earnings forecast.

Loews Co. (NYSE:L) posted its quarterly earnings results on Monday, November, 1st. The insurance provider reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.22. The insurance provider had revenue of $3.37 billion for the quarter. Loews had a trailing twelve-month return on equity of 6.20% and a net margin of 7.82%.
Read the conference call transcript.

Loews announced a quarterly dividend on Tuesday, August 2nd. Shareholders of record on Wednesday, August 17th will be given a dividend of $0.0625 per share on Tuesday, August 30th. This represents a $0.25 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Tuesday, August 16th.
Read our dividend analysis for L.

Loews (NYSE:L) pays an annual dividend of $0.25 per share and currently has a dividend yield of 0.49%. The dividend payout ratio is 5.80%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for L.

22 employees have rated Loews Chief Executive Officer James S. Tisch on Glassdoor.com. James S. Tisch has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Loews investors own include Johnson & Johnson (JNJ), NVIDIA (NVDA), Intel (INTC), Pfizer (PFE), Walt Disney (DIS), Coca-Cola (KO), AT&T (T), QUALCOMM (QCOM), Walmart (WMT) and Advanced Micro Devices (AMD).

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

Loews' stock is owned by a number of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (6.84%), JPMorgan Chase & Co. (6.20%), State Street Corp (3.65%), Allspring Global Investments Holdings LLC (1.31%), Northern Trust Corp (1.00%) and Legal & General Group Plc (0.84%). Insiders that own company stock include Andrew H Tisch, Corp Loews, David B Edelson, Jonathan M Tisch, Joseph L Bower, Kenneth I Siegel, Marc A Alpert, Mark S Schwartz, Philip A Laskawy, Philip A Laskawy and Richard Waldo Scott.
View institutional ownership trends.

Shares of L stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of L stock can currently be purchased for approximately $49.98.

Loews (NYSE:L) has a market capitalization of $12.04 billion and generates $14.66 billion in revenue each year. The insurance provider earns $1.58 billion in net income (profit) each year or $4.31 on an earnings per share basis.

The company employs 10,340 workers across the globe.

Loews' mailing address is 667 MADISON AVE, NEW YORK NY, 10065. The official website for the company is www.loews.com. The insurance provider can be reached via phone at (212) 521-2000, via email at ir@loews.com, or via fax at 212-545-2525.