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
Price-To-Earnings
Sales & Book Value
Annual Sales$14.07 billion
Profitability
Miscellaneous
Employees17,900
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, February 12th. Investors of record on Wednesday, February 27th will be given a dividend of $0.0625 per share on Tuesday, March 12th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date is Tuesday, February 26th. View Loews' Dividend History.
How were Loews' earnings last quarter?
Loews Co. (NYSE:L) released its quarterly earnings data on Monday, February, 11th. The insurance provider reported ($0.53) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.53 by $1.06. The insurance provider earned $3.29 billion during the quarter. Loews had a net margin of 4.52% and a return on equity of 4.16%. During the same period in the prior year, the company earned $0.81 earnings per share. View Loews' Earnings History.
When is Loews' next earnings date?
What price target have analysts set for L?
5 brokers have issued 12 month target prices for Loews' stock. Their predictions range from $30.70 to $72.00. On average, they expect Loews' share price to reach $58.54 in the next year. This suggests a possible upside of 22.4% 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?
News headlines about L stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Loews earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave headlines about the insurance provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.
Who are some of Loews' key competitors?
Some companies that are related to Loews include Progressive (PGR), Tokio Marine (TKOMY), American International Group (AIG), Travelers Companies (TRV), Allstate (ALL), Ms&Ad Insurance Group (MSADY), Hartford Financial Services Group (HIG), Markel (MKL), Cincinnati Financial (CINF), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Arch Capital Group (ACGL), Cna Financial (CNA), W. R. Berkley (WRB), Alleghany (Y) and Everest Re Group (RE).
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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.03%), Boston Partners (2.11%), Diamond Hill Capital Management Inc. (1.73%), Geode Capital Management LLC (1.38%), Northern Trust Corp (1.20%) and Oregon Public Employees Retirement Fund (1.08%). 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 Barrow Hanley Mewhinney & Strauss LLC, Thrivent Financial for Lutherans, Millennium Management LLC, Two Sigma Advisers LP, Prudential Financial Inc., Diamond Hill Capital Management Inc., TD Asset Management Inc. and Boston Partners. 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 Oregon Public Employees Retirement Fund, BlackRock Inc., California Public Employees Retirement System, Bank of New York Mellon Corp, Citigroup Inc., Geode Capital Management LLC, Northern Trust Corp and Acadian Asset Management LLC. 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 $47.81.
How big of a company is Loews?
Loews has a market capitalization of $14.88 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.
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.
