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Loews Corp Stock Research

L

55.87USD+1.56(+2.87%)Market Closed

Market Summary

USD55.87+1.56
Market Closed
2.87%

L Alerts

L Stock Price

L RSI Chart

L Valuation

Market Cap

13.4B

Price/Earnings (Trailing)

13.27

Price/Sales (Trailing)

0.96

EV/EBITDA

9.29

Price/Free Cashflow

5.06

L Price/Sales (Trailing)

L Profitability

EBT Margin

9.83%

Return on Equity

6.93%

Return on Assets

1.34%

Free Cashflow Yield

19.76%

L Fundamentals

L Revenue

Revenue (TTM)

14.0B

Revenue Y/Y

3.61%

Revenue Q/Q

9.59%

L Earnings

Earnings (TTM)

1.0B

Earnings Y/Y

6.12%

Earnings Q/Q

180%

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

Debt/Equity

0.56

Debt/Cashflow

0.41

L Investor Care

Dividend Yield

0.45%

Dividend/Share (TTM)

0.25

Buy Backs (1Y)

6.38%

Diluted EPS (TTM)

4.16

Peers (Alternatives to Loews)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
83.5B
49.6B
-3.33% 25.86%
115.74
1.68
4.00% -78.47%
40.0B
36.9B
-11.25% -6.12%
14.06
1.08
5.94% -22.39%
38.3B
56.4B
-22.60% -17.13%
3.73
0.68
8.41% 9.46%
29.5B
51.4B
-18.97% -12.44%
-20.82
0.57
1.63% -195.35%
24.8B
12.1B
-11.42% 23.49%
41.48
2.05
1.63% -56.71%
23.3B
22.4B
-16.76% -3.54%
11.93
1.05
-0.13% -23.26%
11.4B
6.8B
0.57% 29.95%
32.11
0.97
-36.57% -61.35%
10.2B
7.0B
-13.98% -9.38%
11.39
1.45
7.45% -54.99%
MID-CAP
8.6B
6.3B
-14.12% 28.23%
-8.11
1.36
21.94% -2542.77%
4.0B
-
-8.96% -17.12%
-4.13
4.2
-80.45% -283.49%
SMALL-CAP
1.4B
1.4B
-7.46% -16.42%
-543.45
1.02
3.97% -101.82%
1.4B
327.1M
6.70% -11.03%
26.51
4.23
39.88% 13.79%
1.0B
1.1B
-7.52% -28.26%
-2.5K
0.91
-1.58% -100.28%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue0.9%14,04413,91213,82214,43714,657
EBITDA21.3%2,2681,8693,1473,121-
EBITDA Margin-36.6%0.16*0.25*0.22*0.21*-
Earnings Before Taxes1.2%1,3811,3641,4782,2372,182
EBT Margin0.3%0.10*0.10*0.20*0.15*-
Interest Expenses-1.6%378384391395424
Net Income2.1%1,0129911,0811,6551,578
Net Income Margin1.2%0.07*0.07*0.15*0.11*-
Free Cahsflow-12.9%2,6543,0472,9152,396-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.5%75,49475,11177,07179,14481,626
    Cash Equivalents-40.0%532886951798621
  Net PPE0.8%10,0279,9499,9629,8969,888
  Goodwill0.6%346344346348349
Liabilities-0.7%60,01660,45860,85061,44962,451
  Long Term Debt-3.7%8,1658,4758,4438,8838,986
Shareholder's Equity5.4%14,59813,84616,22117,69517,846
  Retained Earnings-1.5%15,14415,37715,26115,09714,776
  Additional Paid-In Capital-4.8%2,7482,8862,8692,8592,885
Shares Outstanding-2.1%240245248--
Minority Interest9.0%8808079851,1201,329
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-8.9%3,3143,6393,5262,9122,623
  Share Based Compensation-33.00----
Cashflow From Investing7.7%-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%61.0062.0063.0064.0065.00
  Buy Backs-20.9%7299221,0329881,136

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 ascendingFund NameType% 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%

1–10 of 48

Latest Funds Activity

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

Loews News

InvestorsObserver

Loews Corp (L) Stock Falls -5.81% This Week: Is It a Good Pick?.

InvestorsObserver,
18 hours ago

Nasdaq

Marketscreener.com

Loews : Fourth Quarter 2022 Earnings Remarks.

Marketscreener.com,
22 days ago

Schedule 13G FIlings of Loews

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

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