L - Loews Corp Stock Price, Fair Value and News

76.50USD-0.31 (-0.40%)Delayed as of 25 Apr 2024, 12:46 pm ET

Market Summary

USD76.50-0.31

Delayedas of 25 Apr 2024, 12:46 pm

-0.40%

L Stock Price

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L RSI Chart

L Valuation

Market Cap

17.1B

Price/Earnings (Trailing)

11.9

Price/Sales (Trailing)

1.07

EV/EBITDA

8.45

Price/Free Cashflow

5.3

L Price/Sales (Trailing)

L Profitability

EBT Margin

12.55%

Return on Equity

9.13%

Return on Assets

1.81%

Free Cashflow Yield

18.87%

L Fundamentals

L Revenue

Revenue (TTM)

15.9B

Rev. Growth (Yr)

12.26%

Rev. Growth (Qtr)

8.46%

L Earnings

Earnings (TTM)

1.4B

Earnings Growth (Yr)

25.63%

Earnings Growth (Qtr)

76.28%

Breaking Down L Revenue

52 Week Range

55.6477.03

(Low)(High)

Last 7 days

5.0%

Last 30 days

-0.2%

Last 90 days

5.3%

Trailing 12 Months

36.9%

How does L drawdown profile look like?

L Financial Health

Debt/Equity

0.5

Debt/Cashflow

0.49

L Investor Care

Dividend Yield

0.33%

Dividend/Share (TTM)

0.25

Buy Backs (1Y)

5.45%

Diluted EPS (TTM)

6.29

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	14.4B	15.0B	15.4B	15.9B
2022	14.4B	13.8B	13.9B	14.0B
2021	13.1B	14.8B	14.7B	14.7B
2020	14.3B	13.0B	12.8B	12.6B
2019	14.2B	14.3B	14.3B	14.9B
2018	14.0B	14.2B	14.3B	14.1B
2017	13.2B	13.3B	13.5B	13.7B
2016	13.1B	13.0B	13.1B	13.1B
2015	14.1B	14.0B	13.6B	13.4B
2014	14.7B	14.7B	14.6B	14.3B
2013	13.9B	14.2B	14.1B	14.6B
2012	14.2B	14.0B	14.3B	14.1B
2011	14.6B	14.6B	14.4B	14.1B
2010	14.8B	14.8B	14.7B	14.6B
2009	12.7B	12.3B	13.0B	14.1B
2008	0	14.0B	13.6B	13.2B
2007	0	0	0	14.3B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Loews Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 20, 2024	tisch benjamin j	gifted	-	-	160,399	sr. vp, corp dev and strategy
Mar 20, 2024	tisch james s	gifted	-	-	-480,379	pres.&chief exec. officer
Mar 18, 2024	tisch benjamin j	gifted	-	-	174,498	sr. vp, corp dev and strategy
Mar 18, 2024	tisch james s	gifted	-	-	-521,283	pres.&chief exec. officer
Mar 06, 2024	siegel kenneth i	sold	-477,311	75.5	-6,322	senior vice president
Mar 01, 2024	fribourg paul j	back to issuer	-97,515	75.07	-1,299	-
Mar 01, 2024	bower joseph l	acquired	97,582	43.37	2,250	-
Mar 01, 2024	welters anthony	sold	-71,334	75.01	-951	-
Mar 01, 2024	berman ann e	acquired	97,582	43.37	2,250	-
Mar 01, 2024	berman ann e	back to issuer	-97,515	75.07	-1,299	-

Which funds bought or sold L recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	reduced	-6.13	38,000	720,000	0.03%
Apr 23, 2024	WASHINGTON TRUST Co	unchanged	-	58,933	530,336	0.02%
Apr 23, 2024	BFSG, LLC	unchanged	-	200	1,801	-%
Apr 23, 2024	Gradient Investments LLC	unchanged	-	5,399	48,323	-%
Apr 23, 2024	Live Oak Private Wealth LLC	unchanged	-	25,230	227,041	0.04%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-4.5	57,425	829,874	0.02%
Apr 23, 2024	FIFTH THIRD BANCORP	added	1.28	80,918	661,159	-%
Apr 23, 2024	Venturi Wealth Management, LLC	added	340	41,312	51,751	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-4.13	315,000	4,324,000	0.04%
Apr 23, 2024	Global Retirement Partners, LLC	added	19.89	4,245	17,471	-%

Are Funds Buying or Selling L?

Are funds buying L calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own L

No. of Funds

Unveiling Loews Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	9.25%	20,649,420	SC 13G/A
Jan 26, 2024	blackrock inc.	6.9%	15,364,269	SC 13G/A
Jan 23, 2024	jpmorgan chase & co	5.9%	13,195,141	SC 13G/A
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

Recent SEC filings of Loews Corp

View All Filings

Date Filed	Form Type	Document
Apr 03, 2024	ARS	ARS
Apr 03, 2024	DEF 14A	DEF 14A
Apr 03, 2024	DEFA14A	DEFA14A
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 06, 2024	144	Notice of Insider Sale Intent
Mar 06, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading

Peers (Alternatives to Loews Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.3B	-2.55%	3152.72%	-4.8K	761.86	-10.27%	-34.69%
AJG	51.3B	10.1B	-3.58%	14.29%	52.91	5.1	17.79%	-12.97%
AIG	51.1B	46.8B	-2.09%	47.18%	14.02	1.09	-14.05%	-64.38%
TRV	48.9B	42.9B	-5.35%	20.38%	15.57	1.14	13.52%	12.15%
AFL	48.6B	18.7B	-0.62%	28.14%	10.44	2.6	-2.30%	5.45%
ACGL	34.9B	13.6B	2.42%	28.38%	7.85	2.56	41.83%	201.02%
AFG	10.8B	7.8B	-3.33%	8.21%	12.73	1.39	11.18%	-5.12%
MID-CAP
UNM	10.0B	12.4B	-2.20%	29.55%	7.75	0.8	3.35%	-8.77%
AIZ	9.2B	11.1B	-2.47%	51.84%	14.32	0.83	9.21%	132.28%
LNC	4.9B	11.6B	-4.15%	40.05%	-6.46	0.42	-38.09%	-155.38%
AEL	4.4B	2.8B	-0.21%	50.85%	21.12	1.57	100.59%	-89.04%
SMALL-CAP
BRP	1.6B	1.2B	-3.50%	9.50%	-18.22	1.35	24.25%	-115.79%
AMSF	974.4M	306.9M	3.35%	-3.65%	15.69	3.18	4.11%	11.70%
AMBC	657.1M	269.0M	-4.02%	-5.70%	146.03	2.44	-46.68%	-99.14%
AAME	39.0M	186.8M	-31.29%	-16.04%	-227.89	0.21	-0.56%	-111.21%

Loews Corp News

Latest updates

Loews Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	8.5%	4,258	3,926	3,934	3,783	3,793	3,461	3,388	3,402	3,661	3,371	4,003	3,622	3,709	3,465	2,310	3,099	3,876	3,675	3,623	3,757	3,287
EBITDA Margin	-	0.18*	-	0.17*	0.16*	0.16*	0.14*	0.17*	0.22*	0.21*	0.23*	0.23*	0.10*	-0.02*	-	-	-	-	-	-	-	-
Interest Expenses	2.1%	96.00	94.00	91.00	95.00	94.00	92.00	96.00	96.00	100	99.00	100	125	111	137	123	144	142	144	164	141	144
Income Taxes	70.0%	136	80.00	120	115	86.00	2.00	48.00	87.00	84.00	58.00	219	114	111	21.00	-228	-77.00	65.00	21.00	50.00	112	-21.00
Earnings Before Taxes	72.2%	613	356	508	519	465	-25.00	235	439	437	304	1,012	407	548	183	-1,074	-1,121	276	60.00	275	508	-232
EBT Margin	4.9%	0.13*	0.12*	0.12*	0.10*	0.10*	0.08*	0.10*	0.15*	0.15*	0.15*	0.15*	0.00*	-	-	-	-	-	-	-	-	-
Net Income	76.3%	446	253	360	375	355	-22.00	167	322	327	220	754	261	397	139	-835	-632	217	72.00	249	394	-165
Net Income Margin	3.7%	0.09*	0.09*	0.07*	0.06*	0.06*	0.06*	0.08*	0.11*	0.11*	0.11*	0.10*	0.00*	-	-	-	-	-	-	-	-	-
Free Cashflow	-77.2%	254	1,113	1,294	560	399	1,121	832	302	792	989	313	47.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.1%	79,197	78,318	77,439	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
Cash Equivalents	-47.6%	399	762	463	594	532	886	951	798	621	811	578	660	478	886	668	939	336	442	440	339	405
Net PPE	3520.9%	10,718	296	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
Goodwill	0.3%	347	346	347	346	346	344	346	348	349	349	350	349	785	765	764	763	767	772	768	682	665
Liabilities	0.8%	62,672	62,197	61,721	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
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	187	122	141	37.00	35.00	47.00	2,460	77.00	-	-	-	-
Long Term Debt	-0.1%	7,919	7,925	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
Shareholder's Equity	8.7%	15,704	14,448	15,470	15,314	14,349	14,563	15,714	16,576	17,471	19,130	19,398	18,537	16,835	18,620	18,413	19,178	2,811	22,258	22,394	21,902	21,386
Retained Earnings	-1.6%	15,617	15,877	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
Additional Paid-In Capital	-6.3%	2,589	2,764	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
Shares Outstanding	0.8%	227	226	228	233	243	245	245	248	260	262	263	267	-	-	-	-	-	-	-	-	-
Minority Interest	15.6%	821	710	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
Float	-	-	-	10,926	-	-	-	11,809	-	-	-	11,876	-	-	-	8,143	-	-	-	14,174	-	-

Cashflow (Last 12 Months)

(In Millions)

Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-62.6%	477	1,277	1,434	719	622	1,246	1,023	423	947	1,133	409	134	454	851	111	329	470	797	393	81.00	827
Cashflow From Investing	37.4%	-492	-786	-1,333	-134	-568	-993	-599	-187	-763	-517	-213	306	-306	-783	-752	427	-187	-528	-256	300	-727
Cashflow From Financing	-87.8%	-353	-188	-235	-524	-416	-303	-262	-56.00	-376	-376	-279	-258	-565	145	366	-144	-397	-262	-36.00	-449	-260
Dividend Payments	0%	14.00	14.00	14.00	15.00	15.00	15.00	15.00	16.00	16.00	16.00	16.00	17.00	17.00	17.00	18.00	18.00	19.00	19.00	19.00	19.00	20.00
Buy Backs	20.7%	140	116	131	462	118	231	248	132	311	341	204	280	245	187	33.00	458	408	165	161	317	137

L Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Insurance premiums	$ 9,480	$ 8,667	$ 8,175
Net investment income	2,395	1,802	2,259
Investment gains (losses) (Note 3)	(53)	(199)	660
Non-insurance warranty revenue	1,624	1,574	1,430
Operating revenues and other	2,455	2,200	2,133
Total	15,901	14,044	14,657
Expenses:
Insurance claims and policyholders’ benefits (re-measurement loss of $(88), $(214), and $(8)	7,068	6,653	6,371
Amortization of deferred acquisition costs	1,644	1,490	1,443
Non-insurance warranty expense	1,544	1,471	1,328
Operating expenses and other	3,393	3,077	2,957
Equity method income	(120)	(139)	(26)
Interest	376	378	424
Total	13,905	12,930	12,497
Income (loss) before income tax	1,996	1,114	2,160
Income tax expense	(451)	(223)	(475)
Net income (loss)	1,545	891	1,685
Amounts attributable to noncontrolling interests	(111)	(69)	(123)
Net income (loss) attributable to Loews Corporation	$ 1,434	$ 822	$ 1,562
Basic net income per share (in dollars per share)	$ 6.30	$ 3.39	$ 6.02
Diluted net income per share (in dollars per share)	$ 6.29	$ 3.38	$ 6.00
Basic weighted average number of shares outstanding (in shares)	227,480	242,830	259,670
Diluted weighted average number of shares outstanding (in shares)	227,810	243,280	260,200

L Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Investments:
Fixed maturities, amortized cost of $42,615 and $41,102, less allowance for credit loss of $16 and $1	$ 40,626	$ 37,697
Equity securities, cost of $1,015 and $1,161	1,050	1,139
Limited partnership investments	2,174	1,954
Other invested assets, primarily mortgage loans, less allowance for credit loss of $35 and $24	1,123	1,124
Short-term investments	4,396	4,854
Total investments	49,369	46,768
Cash	399	532
Receivables	9,660	9,403
Property, plant and equipment	10,718	10,027
Goodwill	347	346
Deferred non-insurance warranty acquisition expenses	3,661	3,671
Deferred acquisition costs of insurance subsidiaries	896	806
Other assets	4,147	4,014
Total assets	79,197	75,567
Insurance reserves:
Claim and claim adjustment expense	23,304	22,120
Future policy benefits	13,959	13,480
Unearned premiums	6,933	6,374
Total insurance reserves	44,196	41,974
Payable to brokers	79	133
Short-term debt	1,084	854
Long-term debt	7,919	8,165
Deferred income taxes	398	243
Deferred non-insurance warranty revenue	4,694	4,714
Other liabilities	4,302	4,283
Total liabilities	62,672	60,366
Commitments and contingent liabilities
Shareholders’ equity:
Preferred stock
Common stock	2	2
Additional paid-in capital	2,589	2,748
Retained earnings	15,617	14,931
Accumulated other comprehensive loss	(2,497)	(3,320)
Shareholders' equity before treasury stock, total	15,711	14,361
Less treasury stock, at cost (100,000 and 198,875 shares)	(7)	(12)
Total shareholders’ equity	15,704	14,349
Noncontrolling interests	821	852
Total equity	16,525	15,201
Total liabilities and equity	$ 79,197	$ 75,567

About Loews Corp

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.

CEO	Mr. James S. Tisch
WEBSITE	loews.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	12050

Loews Corp Frequently Asked Questions

What is the ticker symbol for Loews Corp? What does L stand for in stocks?

L is the stock ticker symbol of Loews Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Loews Corp (L)?

As of Wed Apr 24 2024, market cap of Loews Corp is 17.07 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of L stock?

You can check L's fair value in chart for subscribers.

What is the fair value of L stock?

You can check L's fair value in chart for subscribers. The fair value of Loews Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Loews Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for L so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Loews Corp a good stock to buy?

The fair value guage provides a quick view whether L is over valued or under valued. Whether Loews Corp is cheap or expensive depends on the assumptions which impact Loews Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for L.

What is Loews Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, L's PE ratio (Price to Earnings) is 11.9 and Price to Sales (PS) ratio is 1.07. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. L PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Loews Corp's stock?

In the past 10 years, Loews Corp has provided 0.062 (multiply by 100 for percentage) rate of return.