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NYSE:L

Loews (L) Stock Price, News & Analysis

$74.39
-0.55 (-0.73%)
(As of 07/3/2024 ET)
Today's Range
$74.31
$75.42
50-Day Range
$73.79
$77.98
52-Week Range
$58.81
$78.55
Volume
367,885 shs
Average Volume
759,045 shs
Market Capitalization
$16.47 billion
P/E Ratio
11.04
Dividend Yield
0.34%
Price Target
$170.00

Loews MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
128.5% Upside
$170.00 Price Target
Short Interest
Healthy
0.99% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.67
Upright™ Environmental Score
News Sentiment
0.32mentions of Loews in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$11.59 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.85 out of 5 stars

Finance Sector

302nd out of 863 stocks

Fire, Marine, & Casualty Insurance Industry

21st out of 52 stocks

L stock logo

About Loews Stock (NYSE:L)

Loews Corporation provides commercial property and casualty insurance in the United States and internationally. The company offers specialty insurance products, such as management and professional liability, and other coverage products; surety and fidelity bonds; property insurance products that include standard and excess property, marine and boiler, and machinery coverages; and casualty insurance products, such as workers' compensation, general and product liability, and commercial auto, surplus, and umbrella coverages. It also provides loss-sensitive insurance programs; and warranty, risk management, information, and claims administration services. The company markets its insurance products and services through independent agents, brokers, and managing general underwriters. In addition, the company is involved in the transportation and storage of natural gas and natural gas liquids, and hydrocarbons through natural gas pipelines covering approximately 13,455 miles of interconnected pipelines; 855 miles of NGL pipelines in Louisiana and Texas; 14 underground storage fields with an aggregate gas capacity of approximately 199.5 billion cubic feet of natural gas; and eleven salt dome caverns and related brine infrastructure for providing brine supply services. Further, the company operates a chain of 25 hotels; and develops, manufactures, and markets a range of extrusion blow-molded and injection molded plastic containers for customers in the pharmaceutical, dairy, household chemicals, food/nutraceuticals, industrial/specialty chemicals, and water and beverage/juice industries, as well as manufactures commodity and differentiated plastic resins from recycled plastic materials. Loews Corporation was incorporated in 1969 and is headquartered in New York, New York.

L Stock Price History

L Stock News Headlines

1k a day while computer does all work?
What I discovered is now helping me take in more than 1k a day. It's like a "magic key" to passive income every month.
1k a day while computer does all work?
What I discovered is now helping me take in more than 1k a day. It's like a "magic key" to passive income every month.
Q1 2024 Loews Corp Earnings Call Transcript
Decoding Loews Corp (L): A Strategic SWOT Insight
Loews Posts Higher 1Q Earnings, Revenue
See More Headlines
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Company Calendar

Last Earnings
5/06/2024
Ex-Dividend for 6/11 Dividend
5/29/2024
Dividend Payable
6/11/2024
Today
7/03/2024
Next Earnings (Estimated)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Multi-line Insurance
CUSIP
54042410
Employees
12,280
Year Founded
1969

Price Target and Rating

Average Stock Price Target
$170.00
High Stock Price Target
$170.00
Low Stock Price Target
$170.00
Potential Upside/Downside
+128.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$1.43 billion
Pretax Margin
12.88%

Debt

Sales & Book Value

Annual Sales
$15.90 billion
Cash Flow
$7.94 per share
Book Value
$74.02 per share

Miscellaneous

Free Float
180,003,000
Market Cap
$16.47 billion
Optionable
Optionable
Beta
0.84

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L Stock Analysis - Frequently Asked Questions

Should I buy or sell Loews stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Loews in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" L shares.
View L analyst ratings
or view top-rated stocks.

What is Loews' stock price target for 2024?

1 analysts have issued 1 year price objectives for Loews' shares. Their L share price targets range from $170.00 to $170.00. On average, they predict the company's stock price to reach $170.00 in the next twelve months. This suggests a possible upside of 128.5% from the stock's current price.
View analysts price targets for L
or view top-rated stocks among Wall Street analysts.

How have L shares performed in 2024?

Loews' stock was trading at $69.59 at the start of the year. Since then, L shares have increased by 6.9% and is now trading at $74.39.
View the best growth stocks for 2024 here
.

Are investors shorting Loews?

Loews saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,810,000 shares, an increase of 24.8% from the May 31st total of 1,450,000 shares. Based on an average daily volume of 731,800 shares, the days-to-cover ratio is currently 2.5 days. Currently, 1.0% of the shares of the company are short sold.
View Loews' Short Interest
.

When is Loews' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024.
View our L earnings forecast
.

How were Loews' earnings last quarter?

Loews Co. (NYSE:L) released its quarterly earnings data on Monday, May, 6th. The insurance provider reported $2.05 earnings per share for the quarter. The insurance provider earned $4.23 billion during the quarter. Loews had a net margin of 9.27% and a trailing twelve-month return on equity of 9.45%.

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

Loews declared a quarterly dividend on Tuesday, May 14th. Stockholders of record on Wednesday, May 29th will be paid a dividend of $0.0625 per share on Tuesday, June 11th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date of this dividend is Wednesday, May 29th.
Read our dividend analysis for L
.

Is Loews a good dividend stock?

Loews (NYSE:L) pays an annual dividend of $0.25 per share and currently has a dividend yield of 0.33%. The dividend payout ratio is 3.71%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for L.

What is James S. Tisch's approval rating as Loews' CEO?

22 employees have rated Loews Chief Executive Officer James S. Tisch on Glassdoor.com. James S. Tisch has an approval rating of 72% among the company's employees.

What other stocks do shareholders of Loews own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Loews investors own include Johnson & Johnson (JNJ), NVIDIA (NVDA), Intel (INTC), Pfizer (PFE), Walt Disney (DIS), Coca-Cola (KO), AT&T (T), QUALCOMM (QCOM), Walmart (WMT) and Advanced Micro Devices (AMD).

Who are Loews' major shareholders?

Loews' stock is owned by many different retail and institutional investors. Top institutional investors include GAMMA Investing LLC (0.00%) and Massmutual Trust Co. FSB ADV (0.00%). Insiders that own company stock include Andrew H Tisch, Ann E Berman, Anthony Welters, Benjamin J Tisch, Corp Loews, David B Edelson, Jonathan C Locker, Jonathan M Tisch, Jonathan M Tisch, Kenneth I Siegel, Marc A Alpert, Mark S Schwartz, Paul J Fribourg, Philip A Laskawy, Philip A Laskawy and Richard Waldo Scott.
View institutional ownership trends
.

How do I buy shares of Loews?

Shares of L stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:L) was last updated on 7/4/2024 by MarketBeat.com Staff

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