Loews Corporation, through its subsidiaries, provides commercial property and casualty insurance in the United States, Canada, the United Kingdom, Continental Europe, and Singapore. The company offers management and professional liability insurance and risk management services, and other specialized property and casualty coverages; commercial surety and fidelity bonds; and warranty and alternative risk services primarily for vehicles and cell phones. Its commercial property insurance products include standard and excess property, marine, and boiler and machinery coverages; and casualty insurance products comprise workers' compensation, general and product liability, commercial auto, and umbrella coverages. The company also provides loss-sensitive insurance programs; and risk management, information, and claims administration services. It markets its insurance products and services primarily through independent agents, brokers, and managing general underwriters. In addition, the company owns and operates 17 offshore drilling rigs consisting of 4 drillships; and 7 ultra-deepwater, 4 deepwater, and 2 mid-water 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 13,880 miles of interconnected pipelines; approximately 455 miles of NGL pipelines in Louisiana and Texas; and underground storage fields with aggregate working gas capacity of approximately 205.0 billion cubic feet of natural gas. Additionally, it operates 24 hotels in the United States and Canada. The company was founded in 1954 and is headquartered in New York, New York.
Industry, Sector and Symbol
Industry Fire, marine, & casualty insurance
Sub-IndustryMulti-line Insurance
SectorFinance
Phone212-521-2000
Debt
Current Ratio0.33
Quick Ratio0.33
Price-To-Earnings
Sales & Book Value
Annual Sales$13.74 billion
Price / Sales1.06
Price / Cash Flow8.73
Price / Book0.64
Profitability
Net Income$1.16 billion
Net Margins8.94%
Return on Assets1.37%
Miscellaneous
Employees18,100
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, November 13th. Stockholders of record on Wednesday, November 28th will be given a dividend of $0.0625 per share on Tuesday, December 11th. This represents a $0.25 annualized dividend and a dividend yield of 0.54%. The ex-dividend date of this dividend is Tuesday, November 27th. View Loews' Dividend History.
How were Loews' earnings last quarter?
Loews Co. (NYSE:L) announced its earnings results on Monday, November, 5th. The insurance provider reported $0.88 earnings per share for the quarter, missing analysts' consensus estimates of $0.98 by $0.10. The insurance provider had revenue of $3.61 billion for the quarter. Loews had a net margin of 8.94% and a return on equity of 4.75%. Loews's quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.53 earnings per share. View Loews' Earnings History.
When is Loews' next earnings date?
What price target have analysts set for L?
5 brokerages have issued 1 year target prices for Loews' stock. Their predictions range from $30.70 to $76.00. On average, they anticipate Loews' share price to reach $59.34 in the next year. This suggests a possible upside of 27.1% from the stock's current price. View Analyst Price Targets for Loews.
What is the consensus analysts' recommendation for Loews?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Loews in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Loews.
Has Loews been receiving favorable news coverage?
Media stories about L stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Loews earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned headlines about the insurance provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days.
Who are some of Loews' key competitors?
Some companies that are related to Loews include American International Group (AIG), Progressive (PGR), Tokio Marine (TKOMY), Travelers Companies (TRV), Allstate (ALL), Ms&Ad Insurance Group (MSADY), Hartford Financial Services Group (HIG), Markel (MKL), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Cincinnati Financial (CINF), Cna Financial (CNA), Arch Capital Group (ACGL), Alleghany (Y), W. R. Berkley (WRB) and Everest Re Group (RE).
Who are Loews' key executives?
Loews' management team includes the folowing people:
- Mr. Jonathan M. Tisch, Co-Chairman (Age 64)
- Mr. James S. Tisch, Pres, CEO & Director (Age 65)
- Mr. David B. Edelson, Sr. VP & CFO (Age 59)
- Mr. Kenneth I. Siegel, Sr. VP (Age 61)
- Mr. Richard Waldo Scott, Sr. VP & Chief Investment Officer (Age 65)
Who are Loews' major shareholders?
Loews' stock is owned by many different of retail and institutional investors. Top institutional shareholders include America First Investment Advisors LLC (0.09%), CHURCHILL MANAGEMENT Corp (0.03%), State of Alaska Department of Revenue (0.02%), Gulf International Bank UK Ltd (0.02%), Beacon Financial Group (0.02%) and First Citizens Bank & Trust Co. (0.01%). 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, Paul J Fribourg, 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 Gulf International Bank UK Ltd, Beacon Financial Group, Boston Advisors LLC, DNB Asset Management AS, CHURCHILL MANAGEMENT Corp, Louisiana State Employees Retirement System, Legacy Financial Advisors Inc. and Douglass Winthrop Advisors LLC. 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, Kenneth I Siegel, Marc A Alpert and Walter L Harris. View Insider Buying and Selling for Loews.
Which institutional investors are buying Loews stock?
L stock was purchased by a variety of institutional investors in the last quarter, including RB Capital Management LLC, America First Investment Advisors LLC, Gateway Investment Advisers LLC, State of Alaska Department of Revenue and Visionary Asset Management Inc.. 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 $46.68.
How big of a company is Loews?
Loews has a market capitalization of $14.66 billion and generates $13.74 billion in revenue each year. The insurance provider earns $1.16 billion in net income (profit) each year or $2.86 on an earnings per share basis. Loews employs 18,100 workers across the globe.
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.
