Loews - L Stock Forecast, Price & News

Loews' stock was trading at $58.33 at the beginning of the year. Since then, L shares have increased by 5.3% and is now trading at $61.44.
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Loews saw a decline in short interest during the month of December. As of December 30th, there was short interest totaling 1,680,000 shares, a decline of 12.5% from the December 15th total of 1,920,000 shares. Based on an average daily volume of 792,800 shares, the short-interest ratio is presently 2.1 days. Currently, 0.9% of the shares of the stock are short sold.
View Loews' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023.
View our L earnings forecast.

Loews Co. (NYSE:L) released its quarterly earnings data on Monday, November, 1st. The insurance provider reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.22. The insurance provider earned $3.37 billion during the quarter. Loews had a net margin of 7.12% and a trailing twelve-month return on equity of 6.53%.
Read the conference call transcript.

Loews declared a quarterly dividend on Tuesday, November 8th. Investors of record on Wednesday, November 23rd will be given a dividend of $0.0625 per share on Tuesday, December 6th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date is Tuesday, November 22nd.
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 0.42%. The dividend payout ratio is 6.25%. 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 variety of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.35%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Los Angeles Capital Management LLC (0.21%), AMF Tjanstepension AB (0.19%), New York State Teachers Retirement System (0.10%) and New York State Common Retirement Fund (0.09%). Insiders that own company stock include Andrew H Tisch, Corp Loews, David B Edelson, Jonathan M Tisch, 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 $61.44.

Loews (NYSE:L) has a market capitalization of $14.59 billion and generates $14.66 billion in revenue each year. The insurance provider earns $1.58 billion in net income (profit) each year or $4.00 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.