Market Summary
USD55.87+1.56
Market Closed2.87%
L Alerts
L Stock Price
L RSI Chart
L Valuation
L Price/Sales (Trailing)
L Profitability
L Fundamentals
L Revenue
L Earnings
Price Action
52 Week Range
49.3668.13
(Low)(High)
Last 7 days
-7.7%
Last 30 days
-13.2%
Last 90 days
-2.9%
Trailing 12 Months
-13.3%
L Financial Health
L Investor Care
Peers (Alternatives to Loews)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
PGR | 83.5B | 49.6B | -3.33% | 25.86% | 115.74 | 1.68 | 4.00% | -78.47% |
TRV | 40.0B | 36.9B | -11.25% | -6.12% | 14.06 | 1.08 | 5.94% | -22.39% |
AIG | 38.3B | 56.4B | -22.60% | -17.13% | 3.73 | 0.68 | 8.41% | 9.46% |
ALL | 29.5B | 51.4B | -18.97% | -12.44% | -20.82 | 0.57 | 1.63% | -195.35% |
RE | 24.8B | 12.1B | -11.42% | 23.49% | 41.48 | 2.05 | 1.63% | -56.71% |
HIG | 23.3B | 22.4B | -16.76% | -3.54% | 11.93 | 1.05 | -0.13% | -23.26% |
Y | 11.4B | 6.8B | 0.57% | 29.95% | 32.11 | 0.97 | -36.57% | -61.35% |
AFG | 10.2B | 7.0B | -13.98% | -9.38% | 11.39 | 1.45 | 7.45% | -54.99% |
| MID-CAP | ||||||||
RNR | 8.6B | 6.3B | -14.12% | 28.23% | -8.11 | 1.36 | 21.94% | -2542.77% |
ESGR | 4.0B | - | -8.96% | -17.12% | -4.13 | 4.2 | -80.45% | -283.49% |
| SMALL-CAP | ||||||||
HMN | 1.4B | 1.4B | -7.46% | -16.42% | -543.45 | 1.02 | 3.97% | -101.82% |
PLMR | 1.4B | 327.1M | 6.70% | -11.03% | 26.51 | 4.23 | 39.88% | 13.79% |
PRA | 1.0B | 1.1B | -7.52% | -28.26% | -2.5K | 0.91 | -1.58% | -100.28% |
JRVR | 812.7M | 813.7M | -5.54% | 1.51% | 26.24 | 1 | 5.28% | 117.92% |
Financials for Loews
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 0.9% | 14,044 | 13,912 | 13,822 | 14,437 | 14,657 |
| EBITDA | 21.3% | 2,268 | 1,869 | 3,147 | 3,121 | - |
| EBITDA Margin | -36.6% | 0.16* | 0.25* | 0.22* | 0.21* | - |
| Earnings Before Taxes | 1.2% | 1,381 | 1,364 | 1,478 | 2,237 | 2,182 |
| EBT Margin | 0.3% | 0.10* | 0.10* | 0.20* | 0.15* | - |
| Interest Expenses | -1.6% | 378 | 384 | 391 | 395 | 424 |
| Net Income | 2.1% | 1,012 | 991 | 1,081 | 1,655 | 1,578 |
| Net Income Margin | 1.2% | 0.07* | 0.07* | 0.15* | 0.11* | - |
| Free Cahsflow | -12.9% | 2,654 | 3,047 | 2,915 | 2,396 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 0.5% | 75,494 | 75,111 | 77,071 | 79,144 | 81,626 |
| Cash Equivalents | -40.0% | 532 | 886 | 951 | 798 | 621 |
| Net PPE | 0.8% | 10,027 | 9,949 | 9,962 | 9,896 | 9,888 |
| Goodwill | 0.6% | 346 | 344 | 346 | 348 | 349 |
| Liabilities | -0.7% | 60,016 | 60,458 | 60,850 | 61,449 | 62,451 |
| Long Term Debt | -3.7% | 8,165 | 8,475 | 8,443 | 8,883 | 8,986 |
| Shareholder's Equity | 5.4% | 14,598 | 13,846 | 16,221 | 17,695 | 17,846 |
| Retained Earnings | -1.5% | 15,144 | 15,377 | 15,261 | 15,097 | 14,776 |
| Additional Paid-In Capital | -4.8% | 2,748 | 2,886 | 2,869 | 2,859 | 2,885 |
| Shares Outstanding | -2.1% | 240 | 245 | 248 | - | - |
| Minority Interest | 9.0% | 880 | 807 | 985 | 1,120 | 1,329 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -8.9% | 3,314 | 3,639 | 3,526 | 2,912 | 2,623 |
| Share Based Compensation | - | 33.00 | - | - | - | - |
| Cashflow From Investing | 7.7% | -2,347 | -2,542 | -2,066 | -1,680 | -1,187 |
| Cashflow From Financing | -4.0% | -1,037 | -997 | -1,070 | -1,087 | -1,289 |
| Dividend Payments | -1.6% | 61.00 | 62.00 | 63.00 | 64.00 | 65.00 |
| Buy Backs | -20.9% | 729 | 922 | 1,032 | 988 | 1,136 |
Risks for L
What is the probability of a big loss on L?
31.9%
Probability that Loews stock will be more than 20% underwater in next one year
19.6%
Probability that Loews stock will be more than 30% underwater in next one year.
18.5%
Probability that Loews stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does L drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Loews was unfortunately bought at previous high price.
Drawdowns
Returns for L
Cumulative Returns on L
2.5%
10-Year Cumulative Returns
5.8%
7-Year Cumulative Returns
1.6%
5-Year Cumulative Returns
14.1%
3-Year Cumulative Returns
What are the long-term rolling returns for L?
FIve years rolling returns for Loews.
Annualized Returns
Which funds bought or sold L recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 56.42 | 5,840,110 | 12,870,100 | 0.01% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 40.16 | 15,000 | 40,000 | -% |
2023-03-03 | TIAA, FSB | added | 1.39 | 48,499 | 309,499 | -% |
2023-02-28 | Voya Investment Management LLC | added | 11.63 | 5,072,910 | 21,632,900 | 0.03% |
2023-02-24 | NATIXIS | added | 28.15 | 1,037,210 | 3,117,210 | 0.02% |
2023-02-24 | National Pension Service | unchanged | - | 155,902 | 1,202,880 | -% |
2023-02-22 | CVA Family Office, LLC | reduced | -25.00 | -1,000 | 7,000 | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | 154,000 | 1,054,000 | 0.01% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | reduced | -99.84 | -94,825 | 175 | -% |
2023-02-21 | COGNIOS BETA NEUTRAL LARGE CAP FUND, LP | new | - | 1,421,620 | 1,421,620 | 0.68% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
L Alerts
Loews News
Schedule 13G FIlings of Loews
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | price t rowe associates inc /md/ | 3.9% | 9,235,767 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.79% | 23,239,593 | SC 13G/A | |
| Feb 01, 2023 | blackrock inc. | 6.1% | 14,579,703 | SC 13G/A | |
| Jan 23, 2023 | jpmorgan chase & co | 6.2% | 14,760,691 | SC 13G/A | |
| Sep 16, 2022 | tisch james s | 7.1% | 16,956,901 | SC 13D/A | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 7.6% | 19,515,531 | SC 13G/A | |
| Feb 10, 2022 | vanguard group inc | 9.00% | 22,823,409 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 5.8% | 14,619,153 | SC 13G/A | |
| Jan 12, 2022 | jpmorgan chase & co | 6.5% | 16,617,210 | SC 13G/A | |
| Mar 23, 2021 | tisch andrew h | 6.0% | 15,878,996 | SC 13D/A |
L Fair Value
Loews fair value in different scenarios
The table shows the Fair Value estimates for Loews for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | - - | - - | - - | - - | - - |
| Current Inflation | 29.75 -46.75% | 34.85 -37.62% | 41.89 -25.02% | 55.16 -1.27% | 62.96 12.69% |
| Very High Inflation | - - | - - | - - | - - | - - |
Historical Loews Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Loews
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 15, 2023 | PRE 14A | PRE 14A | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 13, 2023 | 4 | Insider Trading | |
| Feb 13, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for L
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-01 | BOWER JOSEPH L | back to issuer | -98,718 | 60.75 | -1,625 | - |
2023-03-01 | FRIBOURG PAUL J | acquired | 98,752 | 43.89 | 2,250 | - |
2023-03-01 | BERMAN ANN E | back to issuer | -98,718 | 60.75 | -1,625 | - |
2023-03-01 | HARRIS WALTER L | acquired | 98,752 | 43.89 | 2,250 | - |
2023-03-01 | DIKER CHARLES M | sold | -38,112 | 60.98 | -625 | - |
2023-03-01 | DIKER CHARLES M | acquired | 98,752 | 43.89 | 2,250 | - |
2023-03-01 | HARRIS WALTER L | back to issuer | -98,718 | 60.75 | -1,625 | - |
2023-03-01 | LASKAWY PHILIP A | acquired | 98,752 | 43.89 | 2,250 | - |
2023-03-01 | BOWER JOSEPH L | acquired | 98,752 | 43.89 | 2,250 | - |
2023-03-01 | LASKAWY PHILIP A | sold | -38,100 | 60.96 | -625 | - |
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 property, marine and boiler, and machinery coverages; and casualty insurance products, such as workers' compensation, general and product liability, and commercial auto 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(NGLs), and hydrocarbons through natural gas pipelines covering approximately 13,615 miles of interconnected pipelines; 450 miles of NGL pipelines in Louisiana and Texas; 14 underground storage fields with an aggregate gas capacity of approximately 213 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 26 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 segments, 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 Income Statement
2022-09-30CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Millions | 3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
| Revenues: | ||||
| Insurance premiums | $ 2,221 | $ 2,059 | $ 6,435 | $ 6,056 |
| Net investment income | 404 | 483 | 1,202 | 1,649 |
| Investment gains (losses) | (96) | 22 | (166) | 657 |
| Non-insurance warranty revenue | 399 | 357 | 1,173 | 1,054 |
| Operating revenues and other | 533 | 450 | 1,607 | 1,580 |
| Total | 3,461 | 3,371 | 10,251 | 10,996 |
| Expenses: | ||||
| Insurance claims and policyholders’ benefits | 1,665 | 1,632 | 4,703 | 4,684 |
| Amortization of deferred acquisition costs | 383 | 368 | 1,101 | 1,084 |
| Non-insurance warranty expense | 371 | 330 | 1,092 | 973 |
| Operating expenses and other | 760 | 638 | 2,166 | 2,208 |
| Interest | 92 | 99 | 284 | 324 |
| Total | 3,271 | 3,067 | 9,346 | 9,273 |
| Income (loss) before income tax | 190 | 304 | 905 | 1,723 |
| Income tax expense | (47) | (58) | (190) | (391) |
| Net income | 143 | 246 | 715 | 1,332 |
| Amounts attributable to noncontrolling interests | (13) | (26) | (67) | (97) |
| Net income (loss) attributable to Loews Corporation | $ 130 | $ 220 | $ 648 | $ 1,235 |
| Basic net income per share (in dollars per share) | $ 0.54 | $ 0.86 | $ 2.65 | $ 4.71 |
| Diluted net income per share (in dollars per share) | $ 0.54 | $ 0.85 | $ 2.64 | $ 4.70 |
| Weighted average shares outstanding: | ||||
| Shares of common stock (in shares) | 240,370 | 256,760 | 244,570 | 262,270 |
| Dilutive potential shares of common stock (in shares) | 390 | 540 | 460 | 500 |
| Total weighted average shares outstanding assuming dilution (in shares) | 240,760 | 257,300 | 245,030 | 262,770 |
L Balance Sheet
2022-09-30CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions | Sep. 30, 2022 | Dec. 31, 2021 |
|---|---|---|
| Investments: | ||
| Fixed maturities, amortized cost of $41,588 and $39,952, less allowance for credit loss of $3 and $18 | $ 37,504 | $ 44,380 |
| Equity securities, cost of $1,581 and $1,546 | 1,340 | 1,674 |
| Limited partnership investments | 1,975 | 1,933 |
| Other invested assets, primarily mortgage loans, less allowance for credit loss of $24 and $16 | 1,053 | 1,091 |
| Short term investments | 4,125 | 4,860 |
| Total investments | 45,997 | 53,938 |
| Cash | 886 | 621 |
| Receivables | 9,458 | 9,273 |
| Property, plant and equipment | 9,949 | 9,888 |
| Goodwill | 344 | 349 |
| Deferred non-insurance warranty acquisition expenses | 3,653 | 3,476 |
| Deferred acquisition costs of insurance subsidiaries | 787 | 737 |
| Other assets | 4,037 | 3,344 |
| Total assets | 75,111 | 81,626 |
| Insurance reserves: | ||
| Claim and claim adjustment expense | 24,700 | 24,174 |
| Future policy benefits | 10,454 | 13,236 |
| Unearned premiums | 6,195 | 5,761 |
| Total insurance reserves | 41,349 | 43,171 |
| Payable to brokers | 359 | 90 |
| Short term debt | 814 | 93 |
| Long term debt | 8,475 | 8,986 |
| Deferred income taxes | 245 | 1,079 |
| Deferred non-insurance warranty revenue | 4,706 | 4,503 |
| Other liabilities | 4,510 | 4,529 |
| Total liabilities | 60,458 | 62,451 |
| Commitments and contingent liabilities | ||
| Shareholders' equity: | ||
| Common stock, $0.01 par value, Authorized- 1,800,000,000 shares, Issued -248,665,240 and 248,467,051 shares | 2 | 2 |
| Additional paid-in capital | 2,886 | 2,885 |
| Retained earnings | 15,377 | 14,776 |
| Accumulated other comprehensive income (loss) | (3,803) | 186 |
| Shareholders' equity before treasury stock, total | 14,462 | 17,849 |
| Less treasury stock, at cost (10,515,975 and 50,000 shares) | (616) | (3) |
| Total shareholders’ equity | 13,846 | 17,846 |
| Noncontrolling interests | 807 | 1,329 |
| Total equity | 14,653 | 19,175 |
| Total liabilities and equity | $ 75,111 | $ 81,626 |