NYSE:LLoews Stock Price, Forecast & News

Loews' stock was trading at $39.73 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, L stock has decreased by 8.7% and is now trading at $36.27. View which stocks have been mosted impacted by Coronavirus.

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.

Loews is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Loews.

Loews Co. (NYSE:L) posted its quarterly earnings results on Monday, February, 10th. The insurance provider reported $0.73 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.72 by $0.01. The insurance provider had revenue of $3.88 billion for the quarter. Loews had a net margin of 6.24% and a return on equity of 4.90%. During the same quarter last year, the business earned ($0.28) earnings per share. View Loews' earnings history.

Loews declared a quarterly dividend on Tuesday, February 11th. Shareholders of record on Wednesday, February 26th will be paid a dividend of $0.0625 per share on Tuesday, March 10th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend is Tuesday, February 25th. View Loews' dividend history.

2 brokerages have issued twelve-month price targets for Loews' stock. Their forecasts range from $71.00 to $80.00. On average, they expect Loews' share price to reach $75.50 in the next twelve months. This suggests a possible upside of 108.2% from the stock's current price. View analysts' price targets for Loews.

Media stories about L stock have trended very negative this week, according to InfoTrie. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Loews earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned media stories about the insurance provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutLoews.

Loews saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 4,272,100 shares, an increase of 16.7% from the February 27th total of 3,660,000 shares. Based on an average trading volume of 1,050,000 shares, the days-to-cover ratio is presently 4.1 days. Approximately 1.8% of the company's shares are short sold. View Loews' Current Options Chain.

Some companies that are related to Loews include American International Group (AIG), Hartford Financial Services Group (HIG), American Financial Group (AFG), Assurant (AIZ), Kemper (KMPR), Genworth Financial (GNW), American National Insurance (ANAT) and Horace Mann Educators (HMN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Loews investors own include NVIDIA (NVDA), Intel (INTC), Walt Disney (DIS), Johnson & Johnson (JNJ), The Coca-Cola (KO), Pfizer (PFE), Visa (V), Wells Fargo & Co (WFC), Walmart (WMT) and QUALCOMM (QCOM).

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

Loews' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.05%) and IBM Retirement Fund (0.00%). 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.

L stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and IBM Retirement Fund. View insider buying and selling activity for 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.

One share of L stock can currently be purchased for approximately $36.27.

Loews has a market capitalization of $10.44 billion and generates $14.93 billion in revenue each year. The insurance provider earns $932 million in net income (profit) each year or $3.57 on an earnings per share basis. Loews employs 18,605 workers across the globe. View additional information about Loews.

The official website for Loews is http://www.loews.com/.

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]