Last 7 days
-3.7%
Last 90 days
4.3%
Trailing 12 Months
25%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-01 | BOWER JOSEPH L | acquired | 105,728 | 46.99 | 2,250 | - |
2023-09-01 | HARRIS WALTER L | back to issuer | -105,698 | 62.58 | -1,689 | - |
2023-09-01 | HARRIS WALTER L | acquired | 105,728 | 46.99 | 2,250 | - |
2023-09-01 | DIKER CHARLES M | sold | -35,096 | 62.56 | -561 | - |
2023-09-01 | BOWER JOSEPH L | sold | -17,579 | 62.56 | -281 | - |
2023-09-01 | DIKER CHARLES M | acquired | 105,728 | 46.99 | 2,250 | - |
2023-09-01 | BERMAN ANN E | acquired | 105,728 | 46.99 | 2,250 | - |
2023-09-01 | BERMAN ANN E | sold | -35,096 | 62.56 | -561 | - |
2023-09-01 | FRIBOURG PAUL J | back to issuer | -105,698 | 62.58 | -1,689 | - |
2023-09-01 | BERMAN ANN E | back to issuer | -105,698 | 62.58 | -1,689 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | added | 24.4 | 5,459,000 | 25,423,000 | 0.02% |
2023-09-12 | Farther Finance Advisors, LLC | added | 1.52 | 597 | 15,914 | -% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 266 | 5,919 | -% |
2023-08-25 | EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC | added | 0.82 | 598,000 | 19,351,000 | 2.67% |
2023-08-24 | Alberta Investment Management Corp | sold off | -100 | -306,810 | - | -% |
2023-08-22 | US Asset Management LLC | reduced | -5.88 | -17,000 | 442,000 | 0.47% |
2023-08-22 | COMERICA BANK | new | - | - | - | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | reduced | -2.94 | -7,000 | 1,042,000 | 0.01% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -2.51 | 36,625 | 2,369,340 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -1.07 | 265,145 | 21,572,900 | 0.03% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Apr 10, 2023 | vanguard group inc | 10.04% | 23,190,409 | SC 13G/A | |
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 |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 19, 2023 | 3 | Insider Trading | |
Sep 19, 2023 | 4 | Insider Trading | |
Sep 19, 2023 | 8-K | Current Report | |
Sep 05, 2023 | 4 | Insider Trading | |
Sep 05, 2023 | 4 | Insider Trading | |
Sep 05, 2023 | 4 | Insider Trading | |
Sep 05, 2023 | 4 | Insider Trading | |
Sep 05, 2023 | 4 | Insider Trading | |
Sep 01, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 01, 2023 | 144 | Notice of Insider Sale Intent |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PGR | 81.3B | 55.3B | 2.58% | 19.59% | 46.61 | 1.47 | 11.39% | 104.72% |
AIG | 43.6B | 50.4B | 1.37% | 27.97% | 9.68 | 0.86 | -9.25% | -63.51% |
ALL | 29.1B | 54.6B | 0.32% | -9.75% | -10.86 | 0.53 | 9.14% | -383.17% |
AFG | 9.3B | 7.5B | -6.50% | -5.67% | 10.94 | 1.25 | 12.86% | -17.26% |
HIG | - | 23.6B | -2.21% | 14.35% | - | - | 5.78% | -4.19% |
TRV | 37.1B | 38.7B | -0.02% | 7.01% | 16.63 | 0.96 | 8.33% | -37.32% |
RE | 25.2B | 13.3B | 0.67% | 24.34% | 20.79 | 1.9 | 12.64% | 55.58% |
MID-CAP | ||||||||
ESGR | 3.9B | 1.3B | -5.95% | 42.73% | 14.06 | 3 | 41.34% | 137.60% |
RNR | 10.1B | 7.4B | 4.18% | 40.72% | 24.47 | 1.36 | 62.27% | 144.80% |
SMALL-CAP | ||||||||
PLMR | 1.2B | 348.9M | -4.49% | -40.60% | 21.29 | 3.53 | 16.85% | 25.90% |
HMN | 1.2B | 1.4B | -0.58% | -17.82% | -110.9 | 0.86 | 3.44% | -114.81% |
PRA | 983.2M | 1.1B | 1.05% | -6.36% | 106.06 | 0.87 | -2.53% | -76.30% |
JRVR | 572.2M | 901.0M | -1.04% | -33.32% | 12.33 | 0.64 | 14.76% | 164.17% |
3.3%
6.6%
4.8%
20.9%
35.8%
19.6%
18.5%
Y-axis is the maximum loss one would have experienced if Loews was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 3.8% | 14,971 | 14,425 | 14,044 | 13,912 | 13,822 | 14,437 | 14,657 | 14,705 | 14,799 | 13,106 | 12,583 | 12,750 | 12,960 | 14,273 | 14,931 | 14,342 | 14,275 | 14,242 | 14,066 | 14,334 | 14,247 |
EBITDA | -100.0% | - | 2,324 | 2,268 | - | 1,869 | 3,147 | 3,121 | - | - | 1,233 | -276 | -247 | -363 | 1,027 | 2,653 | 2,116 | 2,412 | 2,423 | - | - | - |
EBITDA Margin | -100.0% | - | 0.16* | 0.16* | - | 0.25* | 0.22* | 0.21* | - | - | 0.09* | -0.02* | -0.02* | -0.03* | 0.07* | 0.18* | 0.15* | 0.17* | 0.17* | - | - | - |
Interest Expenses | -1.3% | 372 | 377 | 378 | 384 | 391 | 395 | 424 | 435 | 473 | 496 | 515 | 546 | 553 | 594 | 591 | 593 | 595 | 574 | 574 | 572 | 649 |
Earnings Before Taxes | 19.2% | 1,693 | 1,420 | 1,381 | 1,323 | 1,437 | 2,214 | 2,182 | 2,271 | 2,150 | 64.00 | -1,464 | -1,736 | -1,859 | -510 | 1,119 | 611 | 905 | 937 | 834 | 1,527 | 1,437 |
EBT Margin | -100.0% | - | 0.10* | 0.10* | 0.10* | 0.20* | 0.15* | 0.15* | 0.15* | 0.15* | 0.00* | -0.12* | -0.14* | -0.14* | -0.04* | 0.07* | - | - | - | - | - | - |
Net Income | 18.6% | 1,229 | 1,036 | 1,012 | 962 | 1,052 | 1,639 | 1,578 | 1,632 | 1,551 | -38.00 | -931 | -1,111 | -1,178 | -94.00 | 932 | 550 | 756 | 737 | 636 | 1,282 | 1,161 |
Net Income Margin | -100.0% | - | 0.07* | 0.07* | 0.07* | 0.15* | 0.11* | 0.11* | 0.11* | 0.10* | 0.00* | -0.07* | -0.09* | -0.09* | -0.01* | 0.06* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 2,912 | 2,654 | 3,047 | 2,915 | 2,396 | 2,141 | 1,677 | 1,395 | 986 | 1,035 | 879 | 731 | 938 | 700 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 1.0% | 77,347 | 76,560 | 75,567 | 75,111 | 77,071 | 79,144 | 81,626 | 81,726 | 81,608 | 80,005 | 80,236 | 79,464 | 78,439 | 79,254 | 82,243 | 82,499 | 82,277 | 80,449 | 78,316 | 78,725 | 80,732 |
Cash Equivalents | -22.1% | 463 | 594 | 532 | 886 | 951 | 798 | 621 | 811 | 578 | 660 | 478 | 886 | 668 | 939 | 336 | 442 | 440 | 339 | 405 | 571 | 453 |
Net PPE | 2.3% | 10,328 | 10,098 | 10,027 | 9,949 | 9,962 | 9,896 | 9,888 | 9,878 | 9,847 | 9,921 | 10,451 | 10,468 | 10,475 | 14,751 | 15,568 | 15,561 | 15,513 | 15,407 | 15,511 | 15,467 | 15,471 |
Goodwill | 0.3% | 347 | 346 | 346 | 344 | 346 | 348 | 349 | 349 | 350 | 349 | 785 | 765 | 764 | 763 | 767 | 772 | 768 | 682 | 665 | 657 | 658 |
Liabilities | 1.0% | 61,877 | 61,246 | 60,366 | 60,458 | 60,850 | 61,449 | 62,451 | 62,596 | 62,210 | 61,468 | 61,055 | 60,844 | 60,026 | 60,076 | 60,313 | 60,241 | 59,883 | 58,547 | 56,930 | 56,839 | 58,874 |
Short Term Borrowings | - | - | - | - | - | - | - | - | 187 | 122 | 141 | 37.00 | 35.00 | 47.00 | 2,460 | 77.00 | - | - | - | - | - | - |
Long Term Debt | -0.7% | 8,094 | 8,150 | 8,165 | 8,475 | 8,443 | 8,883 | 8,986 | 8,925 | 8,988 | 8,996 | 10,072 | 10,373 | 9,958 | 9,508 | 11,456 | 11,395 | 11,456 | 11,229 | 11,359 | 11,311 | 11,290 |
Shareholder's Equity | -4.6% | 14,603 | 15,314 | 14,349 | 13,846 | 15,714 | 16,576 | 17,471 | 19,130 | 19,398 | 18,537 | 19,181 | 18,620 | 18,413 | 19,178 | 21,930 | 22,258 | 22,394 | 21,902 | 21,386 | 21,886 | 21,858 |
Retained Earnings | 2.2% | 15,637 | 15,293 | 14,931 | 15,377 | 15,261 | 15,097 | 14,776 | 15,336 | 15,132 | 14,394 | 14,150 | 14,437 | 14,316 | 15,167 | 15,823 | 16,427 | 16,374 | 16,144 | 15,773 | 16,790 | 16,532 |
Additional Paid-In Capital | 0.4% | 2,728 | 2,716 | 2,748 | 2,886 | 2,869 | 2,859 | 2,885 | 3,120 | 3,121 | 3,119 | 3,133 | 3,379 | 3,371 | 3,347 | 3,374 | 3,620 | 3,612 | 3,607 | 3,627 | 3,813 | 3,809 |
Shares Outstanding | -2.4% | 228 | 233 | - | 240 | 245 | 248 | - | 257 | 263 | 267 | - | 279 | 281 | 287 | - | 302 | 304 | 310 | - | 316 | 319 |
Minority Interest | 0.5% | 867 | 863 | 852 | 807 | 985 | 1,120 | 1,329 | 1,313 | 1,315 | 1,267 | 1,321 | 1,248 | 1,209 | 2,212 | 2,811 | 2,838 | 2,880 | 2,865 | 2,868 | 2,934 | 2,947 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 11.4% | 4,021 | 3,610 | 3,314 | 3,639 | 3,526 | 2,912 | 2,623 | 2,130 | 1,848 | 1,550 | 1,745 | 1,761 | 1,707 | 1,989 | 1,741 | 2,098 | 2,545 | 3,790 | 4,222 | 4,175 | 3,510 |
Cashflow From Investing | -32.0% | -3,028 | -2,294 | -2,347 | -2,542 | -2,066 | -1,680 | -1,187 | -730 | -996 | -1,535 | -1,414 | -1,295 | -1,040 | -544 | -671 | -1,211 | -163 | -1,200 | -1,444 | -1,285 | -2,338 |
Cashflow From Financing | 1.8% | -1,478 | -1,505 | -1,037 | -997 | -1,070 | -1,087 | -1,289 | -1,478 | -957 | -312 | -198 | -30.00 | -437 | -839 | -1,144 | -1,007 | -2,392 | -2,693 | -2,835 | -2,731 | -1,075 |
Dividend Payments | -1.7% | 59.00 | 60.00 | 61.00 | 62.00 | 63.00 | 64.00 | 65.00 | 66.00 | 67.00 | 69.00 | 70.00 | 72.00 | 74.00 | 75.00 | 76.00 | 77.00 | 78.00 | 79.00 | 80.00 | 81.00 | 82.00 |
Buy Backs | -11.0% | 942 | 1,059 | 729 | 922 | 1,032 | 988 | 1,136 | 1,070 | 916 | 745 | 923 | 1,086 | 1,064 | 1,192 | 1,051 | 780 | 705 | 846 | 1,026 | 1,099 | 1,009 |
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenues: | ||||
Insurance premiums | $ 2,347 | $ 2,155 | $ 4,595 | $ 4,214 |
Net investment income | 592 | 366 | 1,161 | 798 |
Investment gains (losses) | 14 | (59) | (21) | (70) |
Non-insurance warranty revenue | 407 | 392 | 814 | 774 |
Operating revenues and other | 574 | 534 | 1,168 | 1,074 |
Total | 3,934 | 3,388 | 7,717 | 6,790 |
Expenses: | ||||
Insurance claims and policyholders’ benefits (re-measurement gain (loss) of $(33), $1, $(34), and $6) | 1,779 | 1,601 | 3,432 | 3,079 |
Amortization of deferred acquisition costs | 403 | 374 | 782 | 718 |
Non-insurance warranty expense | 384 | 367 | 768 | 721 |
Operating expenses and other | 808 | 766 | 1,589 | 1,482 |
Equity method income | (39) | (51) | (67) | (76) |
Interest | 91 | 96 | 186 | 192 |
Total | 3,426 | 3,153 | 6,690 | 6,116 |
Income before income tax | 508 | 235 | 1,027 | 674 |
Income tax expense | (120) | (48) | (235) | (135) |
Net income | 388 | 187 | 792 | 539 |
Amounts attributable to noncontrolling interests | (28) | (20) | (57) | (50) |
Net income attributable to Loews Corporation | $ 360 | $ 167 | $ 735 | $ 489 |
Basic net income per share (in dollars per share) | $ 1.58 | $ 0.68 | $ 3.19 | $ 1.98 |
Diluted net income per share (in dollars per share) | $ 1.58 | $ 0.68 | $ 3.19 | $ 1.98 |
Weighted average shares outstanding: | ||||
Shares of common stock (in shares) | 227,690 | 245,450 | 230,480 | 246,700 |
Dilutive potential shares of common stock (in shares) | 280 | 490 | 300 | 500 |
Total weighted average shares outstanding assuming dilution (in shares) | 227,970 | 245,940 | 230,780 | 247,200 |
CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Investments: | ||
Fixed maturities, amortized cost of $42,037 and $41,102, less allowance for credit loss of $22 and $1 | $ 38,926 | $ 37,697 |
Equity securities, cost of $1,063 and $1,161 | 1,051 | 1,139 |
Limited partnership investments | 2,020 | 1,954 |
Other invested assets, primarily mortgage loans, less allowance for credit loss of $30 and $24 | 1,088 | 1,124 |
Short term investments | 4,478 | 4,854 |
Total investments | 47,563 | 46,768 |
Cash | 463 | 532 |
Receivables | 9,926 | 9,403 |
Property, plant and equipment | 10,328 | 10,027 |
Goodwill | 347 | 346 |
Deferred non-insurance warranty acquisition expenses | 3,689 | 3,671 |
Deferred acquisition costs of insurance subsidiaries | 885 | 806 |
Other assets | 4,146 | 4,014 |
Total assets | 77,347 | 75,567 |
Insurance reserves: | ||
Claim and claim adjustment expense | 22,802 | 22,120 |
Future policy benefits | 13,666 | 13,480 |
Unearned premiums | 6,978 | 6,374 |
Total insurance reserves | 43,446 | 41,974 |
Payable to brokers | 191 | 133 |
Short term debt | 961 | 854 |
Long term debt | 8,094 | 8,165 |
Deferred income taxes | 257 | 243 |
Deferred non-insurance warranty revenue | 4,735 | 4,714 |
Other liabilities | 4,193 | 4,283 |
Total liabilities | 61,877 | 60,366 |
Commitments and contingent liabilities | ||
Shareholders' equity: | ||
Preferred stock, $0.10 par value: Authorized – 100,000,000 shares | ||
Common stock, $0.01 par value: Authorized- 1,800,000,000 shares, Issued – 236,305,517 and 236,159,866 shares | 2 | 2 |
Additional paid-in capital | 2,728 | 2,748 |
Retained earnings | 15,637 | 14,931 |
Accumulated other comprehensive loss | (3,160) | (3,320) |
Shareholders' equity before treasury stock, total | 15,207 | 14,361 |
Less treasury stock, at cost (10,194,421 and 198,875 shares) | (604) | (12) |
Total shareholders’ equity | 14,603 | 14,349 |
Noncontrolling interests | 867 | 852 |
Total equity | 15,470 | 15,201 |
Total liabilities and equity | $ 77,347 | $ 75,567 |