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.
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Industry, Sector and Symbol
Industry Fire, marine, & casualty insurance
Sub-IndustryMulti-line Insurance
SectorFinance
Phone212-521-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$14.07 billion
Profitability
Miscellaneous
Employees17,900
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable
Loews (NYSE:L) Frequently Asked Questions
What is Loews' stock symbol?
Loews trades on the New York Stock Exchange (NYSE) under the ticker symbol "L."
How often does Loews pay dividends? What is the dividend yield for Loews?
Loews announced a quarterly dividend on Tuesday, August 6th. Shareholders of record on Wednesday, August 28th will be paid a dividend of $0.0625 per share on Tuesday, September 10th. This represents a $0.25 annualized dividend and a yield of 0.52%. The ex-dividend date is Tuesday, August 27th. View Loews' Dividend History.
How were Loews' earnings last quarter?
Loews Co. (NYSE:L) released its earnings results on Monday, August, 5th. The insurance provider reported $0.82 EPS for the quarter, topping the consensus estimate of $0.75 by $0.07. The insurance provider earned $3.62 billion during the quarter. Loews had a return on equity of 4.72% and a net margin of 5.30%. During the same period last year, the firm earned $0.76 earnings per share. View Loews' Earnings History.
When is Loews' next earnings date?
What price target have analysts set for L?
4 analysts have issued 1 year target prices for Loews' stock. Their forecasts range from $66.00 to $72.00. On average, they expect Loews' stock price to reach $69.00 in the next year. This suggests a possible upside of 43.9% from the stock's current price. View Analyst Price Targets for Loews.
What is the consensus analysts' recommendation for Loews?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Loews in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Loews.
Has Loews been receiving favorable news coverage?
Media headlines about L stock have been trending positive on Friday, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Loews earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for Loews.
Are investors shorting Loews?
Loews saw a decrease in short interest in July. As of July 31st, there was short interest totalling 2,204,700 shares, a decrease of 20.1% from the June 30th total of 2,758,000 shares. Based on an average daily trading volume, of 1,070,000 shares, the short-interest ratio is currently 2.1 days. Currently, 0.8% of the shares of the stock are sold short. View Loews' Current Options Chain.
Who are some of Loews' key competitors?
Some companies that are related to Loews include American International Group (AIG), Progressive (PGR), Travelers Companies (TRV), Tokio Marine (TKOMY), Allstate (ALL), Hartford Financial Services Group (HIG), Ms&Ad Insurance Group (MSADY), Cincinnati Financial (CINF), Arch Capital Group (ACGL), Markel (MKL), W. R. Berkley (WRB), Cna Financial (CNA), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Alleghany (Y) and Everest Re Group (RE).
What other stocks do shareholders of Loews own?
Who are Loews' key executives?
Loews' management team includes the folowing 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)
Who are Loews' major shareholders?
Loews' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.49%), BlackRock Inc. (6.29%), BlackRock Inc. (6.29%), JPMorgan Chase & Co. (5.61%), Price T Rowe Associates Inc. MD (5.25%) and Wells Fargo & Company MN (1.53%). 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 major investors are selling Loews stock?
L stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Diamond Hill Capital Management Inc., First Trust Advisors LP, United Capital Financial Advisers LLC, Pictet Asset Management Ltd., Pictet Asset Management Ltd., Renaissance Technologies LLC and Envestnet Asset Management Inc.. Company insiders that have sold Loews company stock in the last year 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 Insider Buying and Selling for Loews.
Which major investors are buying Loews stock?
L stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., BlackRock Inc., Acadian Asset Management LLC, JPMorgan Chase & Co., Man Group plc, Charles Schwab Investment Management Inc. and California Public Employees Retirement System. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Loews' stock price today?
One share of L stock can currently be purchased for approximately $47.95.
How big of a company is Loews?
Loews has a market capitalization of $14.50 billion and generates $14.07 billion in revenue each year. The insurance provider earns $636 million in net income (profit) each year or $2.84 on an earnings per share basis. Loews employs 17,900 workers across the globe.View Additional Information About Loews.
What is Loews' official website?
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]
MarketBeat Community Rating for Loews (NYSE L)
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.
