NYSE:LLoews Stock Price, Forecast & News

$33.77

+0.53 (+1.59 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

$32.75

Now: $33.77▼

$33.89

50-Day Range

$28.80

MA: $32.74▼

$39.42

52-Week Range

$27.33

Now: $33.77▼

$56.88

Volume1.00 million shs

Average Volume1.43 million shs

Market Capitalization$9.50 billion

P/E RatioN/A

Dividend Yield0.74%

Beta0.75

Loews Corporation, through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally. It operates through CNA Financial Corporation; Diamond Offshore Drilling, Inc.; Boardwalk Pipeline Partners, LP; and Loews Hotels Holding Corporation segments. The company offers specialty insurance products, such as management and professional liability insurance coverages and products; surety and fidelity bonds; and warranty and alternative risk services. It also provides commercial property insurance products include standard and excess property, marine, and boiler and machinery coverages; casualty insurance products comprise workers' compensation, general and product liability, commercial auto, and umbrella coverages; and loss-sensitive insurance programs; and warranty, risk management, information, and claims administration services. The company markets its insurance products and services primarily through independent agents, brokers, and managing general underwriters. In addition, the company offers contract drilling services through a fleet of 17 offshore drilling rigs consisting of 4 drillships and 13 semisubmersible rigs. Further, it is involved in the transportation and storage of natural gas and natural gas liquids (NGLs). It owns and operates natural gas pipelines covering approximately 13,805 miles of interconnected pipelines; approximately 455 miles of NGL pipelines in Louisiana and Texas; and 14 underground storage fields with aggregate working gas capacity of approximately 205 billion cubic feet of natural gas. Additionally, it operates a chain of 24 hotels in the United States and Canada. The company was incorporated in 1969 and is headquartered in New York, New York.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Loews has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $75.50, Loews has a potential upside of 123.6% from its current price of $33.77.
Amount of Analyst Coverage
Loews has received no research coverage in the past 90 days.

2.2 Community Rank

Outperform Votes
Loews has received 258 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Loews has received 330 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Loews has received 56.12% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Loews and other stocks. Vote “Outperform” if you believe L will outperform the S&P 500 over the long term. Vote “Underperform” if you believe L will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Loews is a leading dividend payer. It pays a dividend yield of 0.74%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Loews does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Loews insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 15.20% of the stock of Loews is held by insiders.
Percentage Held by Institutions
60.44% of the stock of Loews is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Loews is -82.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Loews is -82.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Loews has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.75 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Fire, marine, & casualty insurance

Sub-IndustryMulti-line Insurance

SectorFinance

Current SymbolNYSE:L

Previous Symbol

CUSIP54042410

CIK60086

Webwww.loews.com

Phone212-521-2000

Debt

Debt-to-Equity Ratio0.50

Current Ratio0.31

Quick Ratio0.31

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$14.93 billion

Price / Sales0.64

Cash Flow$6.62 per share

Price / Cash Flow5.10

Book Value$73.73 per share

Price / Book0.46

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$932 million

Net Margins-0.66%

Return on Equity2.88%

Return on Assets0.76%

Miscellaneous

Employees18,605

Outstanding Shares281,430,000

Market Cap$9.50 billion

Next Earnings Date8/3/2020 (Estimated)

OptionableOptionable

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Loews (NYSE:L) Frequently Asked Questions

How has Loews' stock been impacted by COVID-19 (Coronavirus)?

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 15.0% and is now trading at $33.77. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Loews?

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.

When is Loews' next earnings date?

Loews is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Loews.

How were Loews' earnings last quarter?

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.

How often does Loews pay dividends? What is the dividend yield for Loews?

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 0.74%. The ex-dividend date of this dividend is Tuesday, May 26th. View Loews' dividend history.

What price target have analysts set for L?

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 123.6% from the stock's current price. View analysts' price targets for Loews.

Has Loews been receiving favorable news coverage?

News stories about L stock have trended very negative 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 -3.5 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.

Who are some of Loews' key competitors?

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.

What other stocks do shareholders of Loews own?

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).

Who are Loews' key executives?

Loews' management team includes the following people:

Mr. Jonathan M. Tisch, Co-Chairman (Age 65)
Mr. James S. Tisch, Pres, CEO & Director (Age 66)
Mr. David B. Edelson, Sr. VP & CFO (Age 60)
Mr. Kenneth I. Siegel, Sr. VP (Age 62)
Mr. Richard Waldo Scott, Sr. VP & Chief Investment Officer (Age 66)

What is Loews' stock symbol?

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

Who are Loews' major shareholders?

Loews' stock is owned by a variety of 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.

Which institutional investors are selling Loews stock?

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.

Which institutional investors are buying Loews stock?

L stock was bought 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.

How do I buy shares of 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.

What is Loews' stock price today?

One share of L stock can currently be purchased for approximately $33.77.

How big of a company is Loews?

Loews has a market capitalization of $9.50 billion and generates $14.93 billion in revenue each year. Loews employs 18,605 workers across the globe.

What is Loews' official website?

The official website for Loews is www.loews.com.

How can I contact Loews?

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]

This page was last updated on 6/2/2020 by MarketBeat.com Staff