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Loews Corp Stock Research

L

61.80USD-0.50(-0.80%)Market Closed
Watchlist

Market Summary

USD61.80-0.50
Market Closed
-0.80%

L Alerts

  • Big jump in Earnings (Y/Y)

L Stock Price

L RSI Chart

L Valuation

Market Cap

14.2B

Price/Earnings (Trailing)

11.54

Price/Sales (Trailing)

0.95

EV/EBITDA

10.56

Price/Free Cashflow

4.2

L Price/Sales (Trailing)

L Profitability

EBT Margin

9.97%

Return on Equity

7.26%

Return on Assets

1.37%

Free Cashflow Yield

23.79%

L Fundamentals

L Revenue

Revenue (TTM)

15.0B

Revenue Y/Y

16.12%

Revenue Q/Q

3.99%

L Earnings

Earnings (TTM)

1.2B

Earnings Y/Y

115.57%

Earnings Q/Q

-4%

Price Action

52 Week Range

50.6865.39
(Low)(High)

Last 7 days

-3.7%

Last 90 days

4.3%

Trailing 12 Months

25%

L Financial Health

Debt/Equity

0.56

Debt/Cashflow

0.44

L Investor Care

Dividend Yield

0.4%

Dividend/Share (TTM)

0.25

Buy Backs (1Y)

7.24%

Diluted EPS (TTM)

5.25

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for L

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Which funds bought or sold L recently?

View All Details
Datesorted ascendingFund NameType% 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%

1–10 of 48

Latest Funds Activity

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

Schedule 13G FIlings of Loews

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

Recent SEC filings of Loews

View All Filings
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

L Fair Value

Loading...

Peers (Alternatives to Loews)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
81.3B
55.3B
2.58% 19.59%
46.61
1.47
11.39% 104.72%
43.6B
50.4B
1.37% 27.97%
9.68
0.86
-9.25% -63.51%
29.1B
54.6B
0.32% -9.75%
-10.86
0.53
9.14% -383.17%
9.3B
7.5B
-6.50% -5.67%
10.94
1.25
12.86% -17.26%
-
23.6B
-2.21% 14.35%
-
-
5.78% -4.19%
37.1B
38.7B
-0.02% 7.01%
16.63
0.96
8.33% -37.32%
25.2B
13.3B
0.67% 24.34%
20.79
1.9
12.64% 55.58%
MID-CAP
3.9B
1.3B
-5.95% 42.73%
14.06
3
41.34% 137.60%
10.1B
7.4B
4.18% 40.72%
24.47
1.36
62.27% 144.80%
SMALL-CAP
1.2B
348.9M
-4.49% -40.60%
21.29
3.53
16.85% 25.90%
1.2B
1.4B
-0.58% -17.82%
-110.9
0.86
3.44% -114.81%
983.2M
1.1B
1.05% -6.36%
106.06
0.87
-2.53% -76.30%
572.2M
901.0M
-1.04% -33.32%
12.33
0.64
14.76% 164.17%

Loews News

InvestorsObserver
Will Loews Corp (L) Outperform the Rest of the Stocks in the Financial Services Sector?.
InvestorsObserver,
2 hours ago
Clayton County Register
Loews Co. Sees Decrease in Short Interest.
Clayton County Register,
3 hours ago
InvestorsObserver
Investor's Business Daily
Loews Stock Tops Buy Point, Near Fresh High.
Investor's Business Daily,
20 days ago
Nasdaq

Returns for L

Cumulative Returns on L

3.3%


10-Year Cumulative Returns

6.6%


7-Year Cumulative Returns

4.8%


5-Year Cumulative Returns

20.9%


3-Year Cumulative Returns

Risks for L

What is the probability of a big loss on L?

35.8%


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.

Drawdowns

Financials for Loews

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue3.8%14,97114,42514,04413,91213,82214,43714,65714,70514,79913,10612,58312,75012,96014,27314,93114,34214,27514,24214,06614,33414,247
EBITDA-100.0%-2,3242,268-1,8693,1473,121--1,233-276-247-3631,0272,6532,1162,4122,423---
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%372377378384391395424435473496515546553594591593595574574572649
Earnings Before Taxes19.2%1,6931,4201,3811,3231,4372,2142,1822,2712,15064.00-1,464-1,736-1,859-5101,1196119059378341,5271,437
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 Income18.6%1,2291,0361,0129621,0521,6391,5781,6321,551-38.00-931-1,111-1,178-94.009325507567376361,2821,161
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%-2,9122,6543,0472,9152,3962,1411,6771,3959861,035879731938700------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.0%77,34776,56075,56775,11177,07179,14481,62681,72681,60880,00580,23679,46478,43979,25482,24382,49982,27780,44978,31678,72580,732
    Cash Equivalents-22.1%463594532886951798621811578660478886668939336442440339405571453
  Net PPE2.3%10,32810,09810,0279,9499,9629,8969,8889,8789,8479,92110,45110,46810,47514,75115,56815,56115,51315,40715,51115,46715,471
  Goodwill0.3%347346346344346348349349350349785765764763767772768682665657658
Liabilities1.0%61,87761,24660,36660,45860,85061,44962,45162,59662,21061,46861,05560,84460,02660,07660,31360,24159,88358,54756,93056,83958,874
  Short Term Borrowings--------18712214137.0035.0047.002,46077.00------
  Long Term Debt-0.7%8,0948,1508,1658,4758,4438,8838,9868,9258,9888,99610,07210,3739,9589,50811,45611,39511,45611,22911,35911,31111,290
Shareholder's Equity-4.6%14,60315,31414,34913,84615,71416,57617,47119,13019,39818,53719,18118,62018,41319,17821,93022,25822,39421,90221,38621,88621,858
  Retained Earnings2.2%15,63715,29314,93115,37715,26115,09714,77615,33615,13214,39414,15014,43714,31615,16715,82316,42716,37416,14415,77316,79016,532
  Additional Paid-In Capital0.4%2,7282,7162,7482,8862,8692,8592,8853,1203,1213,1193,1333,3793,3713,3473,3743,6203,6123,6073,6273,8133,809
Shares Outstanding-2.4%228233-240245248-257263267-279281287-302304310-316319
Minority Interest0.5%8678638528079851,1201,3291,3131,3151,2671,3211,2481,2092,2122,8112,8382,8802,8652,8682,9342,947
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations11.4%4,0213,6103,3143,6393,5262,9122,6232,1301,8481,5501,7451,7611,7071,9891,7412,0982,5453,7904,2224,1753,510
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 Financing1.8%-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%59.0060.0061.0062.0063.0064.0065.0066.0067.0069.0070.0072.0074.0075.0076.0077.0078.0079.0080.0081.0082.00
  Buy Backs-11.0%9421,0597299221,0329881,1361,0709167459231,0861,0641,1921,0517807058461,0261,0991,009

L Income Statement

2023-06-30
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended6 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 income5923661,161798
Investment gains (losses)14(59)(21)(70)
Non-insurance warranty revenue407392814774
Operating revenues and other5745341,1681,074
Total3,9343,3887,7176,790
Expenses:    
Insurance claims and policyholders’ benefits (re-measurement gain (loss) of $(33), $1, $(34), and $6)1,7791,6013,4323,079
Amortization of deferred acquisition costs403374782718
Non-insurance warranty expense384367768721
Operating expenses and other8087661,5891,482
Equity method income(39)(51)(67)(76)
Interest9196186192
Total3,4263,1536,6906,116
Income before income tax5082351,027674
Income tax expense(120)(48)(235)(135)
Net income388187792539
Amounts attributable to noncontrolling interests(28)(20)(57)(50)
Net income attributable to Loews Corporation$ 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)227,690245,450230,480246,700
Dilutive potential shares of common stock (in shares)280490300500
Total weighted average shares outstanding assuming dilution (in shares)227,970245,940230,780247,200

L Balance Sheet

2023-06-30
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 $1,1611,0511,139
Limited partnership investments2,0201,954
Other invested assets, primarily mortgage loans, less allowance for credit loss of $30 and $241,0881,124
Short term investments4,4784,854
Total investments47,56346,768
Cash463532
Receivables9,9269,403
Property, plant and equipment10,32810,027
Goodwill347346
Deferred non-insurance warranty acquisition expenses3,6893,671
Deferred acquisition costs of insurance subsidiaries885806
Other assets4,1464,014
Total assets77,34775,567
Insurance reserves:  
Claim and claim adjustment expense22,80222,120
Future policy benefits13,66613,480
Unearned premiums6,9786,374
Total insurance reserves43,44641,974
Payable to brokers191133
Short term debt961854
Long term debt8,0948,165
Deferred income taxes257243
Deferred non-insurance warranty revenue4,7354,714
Other liabilities4,1934,283
Total liabilities61,87760,366
Commitments and contingent liabilities
Shareholders' equity:  
Preferred stock, $0.10 par value: Authorized – 100,000,000 shares
Common stock, $0.01 par value: Authorized- 1,800,000,000 shares, Issued – 236,305,517 and 236,159,866 shares22
Additional paid-in capital2,7282,748
Retained earnings15,63714,931
Accumulated other comprehensive loss(3,160)(3,320)
Shareholders' equity before treasury stock, total15,20714,361
Less treasury stock, at cost (10,194,421 and 198,875 shares)(604)(12)
Total shareholders’ equity14,60314,349
Noncontrolling interests867852
Total equity15,47015,201
Total liabilities and equity$ 77,347$ 75,567
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.