Loews - L Stock Forecast, Price & News

Loews' stock was trading at $58.33 at the beginning of 2023. Since then, L stock has decreased by 4.5% and is now trading at $55.70.
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Loews saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 1,470,000 shares, an increase of 8.9% from the February 13th total of 1,350,000 shares. Based on an average daily trading volume, of 825,100 shares, the short-interest ratio is presently 1.8 days. Currently, 0.8% of the shares of the stock are sold short.
View Loews' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our L earnings forecast.

Loews Co. (NYSE:L) issued its quarterly earnings results 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 had revenue of $3.37 billion for the quarter. Loews had a trailing twelve-month return on equity of 7.18% and a net margin of 7.21%.
Read the conference call transcript.

Loews declared a quarterly dividend on Tuesday, February 7th. Shareholders of record on Wednesday, February 22nd will be paid a dividend of $0.0625 per share on Tuesday, March 7th. This represents a $0.25 annualized dividend and a yield of 0.45%. The ex-dividend date is Tuesday, February 21st.
Read our dividend analysis for L.

ETFs with the largest weight of Loews (NYSE:L) stock in their portfolio include Absolute Select Value ETF (ABEQ), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), Davis Select Financial ETF (DFNL), Cambria Value and Momentum ETF (VAMO), SPDR S&P Insurance ETF (KIE), iShares U.S. Insurance ETF (IAK), Invesco S&P 500 Equal Weight Financials ETF (RYF) and Qraft AI-Enhanced Next Value ETF (NVQ).

Loews (NYSE:L) pays an annual dividend of $0.25 per share and currently has a dividend yield of 0.46%. The dividend payout ratio is 6.01%. 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 many different retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (6.31%), Price T Rowe Associates Inc. MD (3.93%), Norges Bank (3.07%), Geode Capital Management LLC (1.71%), Allspring Global Investments Holdings LLC (1.35%) and Dimensional Fund Advisors LP (1.13%). 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 $55.70.

Loews (NYSE:L) has a market capitalization of $13.09 billion and generates $14.04 billion in revenue each year. The insurance provider earns $1.01 billion in net income (profit) each year or $4.16 on an earnings per share basis.

The company employs 12,050 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.