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L

57.69USD+0.92(+1.62%)Market Closed

Loews Corp

Market Summary

USD57.69+0.92Market Closed
1.62%

L Alerts

L Stock Price

RSI Chart

Valuation

Market Cap

14.0B

Price/Earnings

12.93

Price/Sales

1.01

Price/Cashflow

3.96

MarketCap/EBT

9.45

Price/Sales

Profitability

EBT Margin

10.69%

Return on Equity

7.1%

Return on Assets

1.4%

Fundamentals

Revenue

Revenue (TTM)

13.9B

Revenue Y/Y

2.67%

Revenue Q/Q

2.15%

Earnings

Earnings (TTM)

991.0M

Earnings Y/Y

-40.91%

Earnings Q/Q

-27.78%

Price Action

52 Week Range

49.3668.13
(Low)(High)

Last 7 days

0.0%

Last 30 days

-2.1%

Last 90 days

1.9%

Trailing 12 Months

3.3%

Financial Health

Debt/Equity

0.55

Debt/Cashflow

0.42

Investor Care

Dividend Yield

0.43%

Dividend/Share (TTM)

0.25

Buy Backs (1Y)

6.41%

Diluted EPS (TTM)

4

Peers (Alternatives to Loews)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
75.8B
49.3B
0.25% 39.62%
88.97
1.57
5.65% -78.95%
43.2B
57.2B
6.94% 10.28%
3.4
0.76
26.96% 201.88%
42.6B
36.3B
2.40% 23.95%
12.71
1.18
6.01% -7.78%
34.2B
50.8B
5.01% 17.67%
35.26
0.68
4.61% -107.01%
23.3B
22.2B
4.02% 10.18%
11.93
1.05
1.19% -10.03%
12.7B
11.8B
2.86% 26.21%
16.3
1.08
5.22% -41.47%
12.2B
6.9B
-0.35% 14.35%
11.87
1.84
-7.39% -58.10%
11.4B
11.7B
0.57% 29.95%
32.11
0.97
8.99% -61.35%
MID-CAP
6.8B
6.1B
18.84% 18.54%
-7.36
1.15
9.56% -1967.02%
3.5B
789.0M
3.48% -7.95%
-4.09
4.2
-80.45% -142.39%
2.2B
298.6M
-30.25% -22.39%
46.77
7.21
53.72% 302.27%
SMALL-CAP
1.6B
1.4B
-3.37% 2.07%
27.25
1.18
1.22% -62.42%
1.2B
1.1B
-8.78% -16.45%
30.02
1.01
8.08% -85.91%
935.9M
795.3M
-7.60% -15.26%
-12.94
1.19
4.68% 58.15%

Financials for Loews

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue0.7%13,91213,82214,43714,65714,705
Earnings Before Taxes-7.7%1,3641,4782,2372,1822,271
Net Income-8.3%9911,0811,6551,5781,632
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-2.5%75,11177,07179,14481,62681,726
    Cash Equivalents-6.8%886951798621811
  Net PPE-0.1%9,9499,9629,8969,8889,878
  Goodwill-0.6%344346348349349
Liabilities-0.6%60,45860,85061,44962,45162,596
.    Short Term Borrowings-187----
  Long Term Debt0.4%8,4758,4438,8838,9868,925
Shareholder's Equity-3.8%14,65315,23616,57517,84617,817
  Retained Earnings0.8%15,37715,26115,09714,77615,336
  Additional Paid-In Capital0.6%2,8862,8692,8592,8853,120
Shares Outstanding-1.0%245248257--
Minority Interest-18.1%8079851,1201,3291,313
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations3.2%3,6393,5262,9122,6232,130
  Share Based Compensation-33
Cashflow From Investing-23.0%-2,542.00-2,066.00-1,680.00-1,187.00-730.00
Cashflow From Financing6.8%-997.00-1,070.00-1,087.00-1,289.00-1,478.00
  Dividend Payments-1.6%63646566
  Buy Backs-10.7%9221,0329881,1361,070

Risks

What is the probability of a big loss on L?

25.8%


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.

Returns

Cumulative Returns on L

3.9%


10-Year Cumulative Returns

6.5%


7-Year Cumulative Returns

2.9%


5-Year Cumulative Returns

4.2%


3-Year Cumulative Returns

What are the long-term rolling returns for L?

FIve years rolling returns for Loews.

Which funds bought or sold L recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Invst, LLC
ADDED
5.35
-25,000
481,000
0.08%
2022-11-23
Eagle Bay Advisors LLC
REDUCED
-16.37
-11,208
25,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
900,000
900,000
0.01%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
-1,000
8,000
-%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-8,000
41,000
0.01%
2022-11-21
DEARBORN PARTNERS LLC
NEW
-
1,830,000
1,830,000
0.08%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.61
-3,868,000
18,554,000
0.03%
2022-11-18
National Pension Service
REDUCED
-94.69
-21,948,000
1,047,000
-%
2022-11-17
M&T Bank Corp
ADDED
682.7
4,566,000
5,380,000
0.02%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
-37,000
200,000
0.01%

1–10 of 48

Latest Funds Activity

Are funds buying L calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own L

Loews News

Barron's

Ecuador Youngsters Will Have Their Revenge, Says Coach Alfaro.2 hours ago

Barron's

L Fair Value

Recent SEC filings of Loews

View All Filings
Date Filed Form Type Document
Nov 28, 2022
4
Insider Trading
Nov 28, 2022
4
Insider Trading
Nov 28, 2022
4
Insider Trading
Nov 10, 2022
13F-HR
Fund Holdings Report
Nov 08, 2022
8-K
Current Report
Oct 31, 2022
8-K
Current Report
Oct 31, 2022
8-K
Current Report
Oct 31, 2022
10-Q
Quarterly Report
Sep 20, 2022
4
Insider Trading
Sep 20, 2022
SC 13D/A
13D - Major Acquisition

Latest Insider Trading transactions for L

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-23
TISCH ANDREW H
ACQUIRED
2,658,750
44.3125
60,000
-
2022-11-23
Tisch Benjamin J
GIVEN BACK TO IS
-332,221
57.24
-5,804
Sr. VP, Corp Dev and Strategy
2022-11-23
TISCH ANDREW H
GIVEN BACK TO IS
-2,658,570
57.24
-46,446
-
2022-11-23
TISCH JAMES S
GIVEN BACK TO IS
-2,658,570
57.24
-46,446
Pres.&Chief Exec. Officer
2022-11-23
TISCH JAMES S
ACQUIRED
2,658,750
44.3125
60,000
Pres.&Chief Exec. Officer
2022-11-23
Tisch Benjamin J
ACQUIRED
332,344
44.3125
7,500
Sr. VP, Corp Dev and Strategy
2022-09-01
FRIBOURG PAUL J
SOLD
-31,414.2
54.92
-572
-
2022-09-01
BERMAN ANN E
ACQUIRED
92,565
41.14
2,250
-
2022-09-01
BERMAN ANN E
GIVEN BACK TO IS
-92,558.5
55.16
-1,678
-
2022-09-01
DIKER CHARLES M
ACQUIRED
92,565
41.14
2,250
-

1–10 of 50

James S. Tisch
10300
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

2022-09-30
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended9 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 income4044831,2021,649
Investment gains (losses)(96)22(166)657
Non-insurance warranty revenue3993571,1731,054
Operating revenues and other5334501,6071,580
Total3,4613,37110,25110,996
Expenses:    
Insurance claims and policyholders’ benefits1,6651,6324,7034,684
Amortization of deferred acquisition costs3833681,1011,084
Non-insurance warranty expense3713301,092973
Operating expenses and other7606382,1662,208
Interest9299284324
Total3,2713,0679,3469,273
Income (loss) before income tax1903049051,723
Income tax expense(47)(58)(190)(391)
Net income1432467151,332
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)240,370256,760244,570262,270
Dilutive potential shares of common stock (in shares)390540460500
Total weighted average shares outstanding assuming dilution (in shares)240,760257,300245,030262,770

L Balance Sheet

2022-09-30
CONSOLIDATED 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 $1,5461,3401,674
Limited partnership investments1,9751,933
Other invested assets, primarily mortgage loans, less allowance for credit loss of $24 and $161,0531,091
Short term investments4,1254,860
Total investments45,99753,938
Cash886621
Receivables9,4589,273
Property, plant and equipment9,9499,888
Goodwill344349
Deferred non-insurance warranty acquisition expenses3,6533,476
Deferred acquisition costs of insurance subsidiaries787737
Other assets4,0373,344
Total assets75,11181,626
Insurance reserves:  
Claim and claim adjustment expense24,70024,174
Future policy benefits10,45413,236
Unearned premiums6,1955,761
Total insurance reserves41,34943,171
Payable to brokers35990
Short term debt81493
Long term debt8,4758,986
Deferred income taxes2451,079
Deferred non-insurance warranty revenue4,7064,503
Other liabilities4,5104,529
Total liabilities60,45862,451
Commitments and contingent liabilities
Shareholders' equity:  
Common stock, $0.01 par value, Authorized- 1,800,000,000 shares, Issued -248,665,240 and 248,467,051 shares22
Additional paid-in capital2,8862,885
Retained earnings15,37714,776
Accumulated other comprehensive income (loss)(3,803)186
Shareholders' equity before treasury stock, total14,46217,849
Less treasury stock, at cost (10,515,975 and 50,000 shares)(616)(3)
Total shareholders’ equity13,84617,846
Noncontrolling interests8071,329
Total equity14,65319,175
Total liabilities and equity$ 75,111$ 81,626