L - Loews Corp Stock Price, Fair Value and News

77.32USD-0.49 (-0.63%)Market Closed

Market Summary

USD77.32-0.49

Market Closed

-0.63%

L Stock Price

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L RSI Chart

L Valuation

Market Cap

17.1B

Price/Earnings (Trailing)

11.29

Price/Sales (Trailing)

1.05

EV/EBITDA

8.25

Price/Free Cashflow

6.34

L Price/Sales (Trailing)

L Profitability

EBT Margin

12.88%

Return on Equity

8.92%

Return on Assets

1.87%

Free Cashflow Yield

15.77%

L Fundamentals

L Revenue

Revenue (TTM)

16.3B

Rev. Growth (Yr)

11.84%

Rev. Growth (Qtr)

-0.63%

L Earnings

Earnings (TTM)

1.5B

Earnings Growth (Yr)

21.87%

Earnings Growth (Qtr)

2.47%

Breaking Down L Revenue

Last 7 days

1.4%

Last 30 days

1.7%

Last 90 days

7.4%

Trailing 12 Months

31.9%

How does L drawdown profile look like?

L Financial Health

Debt/Equity

0.5

Debt/Cashflow

0.4

L Investor Care

Dividend Yield

0.32%

Dividend/Share (TTM)

0.25

Buy Backs (1Y)

2.85%

Diluted EPS (TTM)

6.73

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	16.3B	0	0	0
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
May 07, 2024	tisch james s	gifted	-	-	666,765	pres.&chief exec. officer
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 james s	gifted	-	-	-521,283	pres.&chief exec. officer
Mar 18, 2024	tisch benjamin j	gifted	-	-	174,498	sr. vp, corp dev and strategy
Mar 06, 2024	siegel kenneth i	sold	-477,311	75.5	-6,322	senior vice president
Mar 01, 2024	fribourg paul j	acquired	97,582	43.37	2,250	-
Mar 01, 2024	bower joseph l	back to issuer	-97,515	75.07	-1,299	-
Mar 01, 2024	welters anthony	back to issuer	-97,515	75.07	-1,299	-
Mar 01, 2024	harris walter l	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
May 07, 2024	Headlands Technologies LLC	new	-	157,206	157,206	0.04%
May 07, 2024	ASSETMARK, INC	reduced	-48.6	-6,280	8,614	-%
May 07, 2024	FORSTA AP-FONDEN	new	-	187,896	187,896	-%
May 07, 2024	MONTAG A & ASSOCIATES INC	unchanged	-	83,844	754,503	0.04%
May 07, 2024	Arnhold LLC	unchanged	-	104,400	939,480	0.10%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-74.84	-8,307,110	3,278,860	-%
May 07, 2024	Atomi Financial Group, Inc.	added	10.42	60,661	311,046	0.03%
May 07, 2024	ClariVest Asset Management LLC	unchanged	-	61.00	547	-%
May 07, 2024	BEACON FINANCIAL GROUP	reduced	-8.6	53,241	1,938,850	0.22%
May 07, 2024	SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC	new	-	2,942,530	2,942,530	0.14%

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
May 08, 2024	144	Notice of Insider Sale Intent
May 08, 2024	144	Notice of Insider Sale Intent
May 08, 2024	144	Notice of Insider Sale Intent
May 08, 2024	4	Insider Trading
May 06, 2024	10-Q	Quarterly Report
May 06, 2024	13F-HR	Fund Holdings Report
May 06, 2024	8-K	Current Report
Apr 03, 2024	ARS	ARS
Apr 03, 2024	DEF 14A	DEF 14A
Apr 03, 2024	DEFA14A	DEFA14A

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	-3.06%	3200.44%	-4.9K	773.83	-10.27%	-34.69%
AJG	53.5B	10.6B	0.35%	13.39%	49.03	5.04	20.42%	-6.05%
AIG	53.0B	48.4B	2.59%	50.41%	10.98	1.1	-4.15%	-20.63%
TRV	49.8B	42.9B	-5.78%	18.24%	15.85	1.16	13.52%	12.15%
AFL	48.2B	19.3B	-0.38%	25.81%	9.01	2.49	3.03%	17.35%
ACGL	37.0B	13.6B	4.64%	29.15%	8.33	2.72	41.83%	201.02%
AFG	11.0B	8.0B	-2.14%	12.66%	12.42	1.37	11.14%	7.56%
MID-CAP
UNM	10.0B	12.6B	-1.30%	18.66%	7.54	0.79	4.24%	-13.40%
AIZ	9.2B	11.1B	-2.63%	35.17%	14.28	0.82	9.21%	132.28%
LNC	5.0B	11.9B	-5.15%	39.72%	3.69	0.42	-33.27%	234.43%
AEL	4.5B	2.8B	-0.20%	45.14%	21.34	1.58	100.59%	-89.04%
SMALL-CAP
BRP	1.9B	1.3B	8.10%	32.13%	-35.66	1.53	18.74%	30.90%
AMSF	908.5M	308.9M	-0.11%	-15.37%	14.73	2.94	3.79%	10.94%
AMBC	828.5M	314.0M	15.44%	22.21%	14.41	2.64	-29.20%	-88.19%
AAME	37.3M	186.8M	-15.67%	-17.10%	-218.34	0.2	-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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.6%	4,231	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
EBITDA Margin	1.2%	0.19*	0.18*	0.18*	0.16*	0.14*	0.14*	0.14*	0.17*	0.21*	0.21*	0.23*	0.23*	-	-	-	-	-	-	-	-	-
Interest Expenses	7.3%	103	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
Income Taxes	5.9%	144	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
Earnings Before Taxes	2.6%	629	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
EBT Margin	2.6%	0.13*	0.13*	0.12*	0.10*	0.08*	0.08*	0.08*	0.10*	0.15*	0.15*	0.15*	0.15*	-	-	-	-	-	-	-	-	-
Net Income	2.5%	457	446	253	360	375	355	-22.00	167	322	327	220	754	261	397	139	-835	-632	217	72.00	249	394
Net Income Margin	2.8%	0.09*	0.09*	0.09*	0.07*	0.06*	0.06*	0.06*	0.07*	0.11*	0.11*	0.11*	0.10*	-	-	-	-	-	-	-	-	-
Free Cashflow	-84.6%	39.00	254	1,113	1,294	560	399	1,121	832	302	792	989	313	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.2%	80,906	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
Cash Equivalents	39.3%	556	399	762	463	594	532	886	951	798	621	811	578	660	478	886	668	939	336	442	440	339
Net PPE	0.0%	10,723	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
Goodwill	0%	347	347	346	347	346	346	344	346	348	349	349	350	349	785	765	764	763	767	772	768	682
Liabilities	2.0%	63,908	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
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	187	122	141	37.00	35.00	47.00	2,460	77.00	-	-	-
Long Term Debt	6.4%	8,425	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
Shareholder's Equity	8.2%	16,998	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
Retained Earnings	2.8%	16,060	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
Additional Paid-In Capital	-1.6%	2,547	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
Shares Outstanding	-2.2%	222	227	226	228	233	243	245	245	248	260	262	263	-	-	-	-	-	-	-	-	-
Minority Interest	-0.9%	814	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
Float	-	-	-	-	10,926	-	-	-	11,809	-	-	-	11,876	-	-	-	8,143	-	-	-	14,174	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-58.5%	198	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
Cashflow From Investing	-108.5%	-1,026	-492	-786	-1,333	-134	-568	-993	-599	-187	-763	-517	-213	306	-306	-783	-752	427	-187	-528	-256	300
Cashflow From Financing	379.6%	987	-353	-188	-235	-524	-416	-303	-262	-56.00	-376	-376	-279	-258	-565	145	366	-144	-397	-262	-36.00	-449
Dividend Payments	-100.0%	-	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
Buy Backs	-82.9%	24.00	140	116	131	462	118	231	248	132	311	341	204	280	245	187	33.00	458	408	165	161	317

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L Income Statement

2024-03-31

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Insurance premiums	$ 2,441	$ 2,248
Net investment income	669	569
Investment losses	(22)	(35)
Non-insurance warranty revenue	407	407
Operating revenues and other	736	594
Total	4,231	3,783
Expenses:
Insurance claims and policyholders’ benefits (re-measurement gain (loss) of $(15) and $1)	1,807	1,653
Amortization of deferred acquisition costs	444	379
Non-insurance warranty expense	394	384
Operating expenses and other	880	781
Equity method income	(26)	(28)
Interest	103	95
Total	3,602	3,264
Income before income tax	629	519
Income tax expense	(144)	(115)
Net income	485	404
Amounts attributable to noncontrolling interests	(28)	(29)
Net income attributable to Loews Corporation	$ 457	$ 375
Basic net income per share (in dollars per share)	$ 2.05	$ 1.61
Diluted net income per share (in dollars per share)	$ 2.05	$ 1.61
Weighted average shares outstanding:
Shares of common stock (in shares)	222,470	233,300
Dilutive potential shares of common stock (in shares)	310	320
Total weighted average shares outstanding assuming dilution (in shares)	222,780	233,620

L Balance Sheet

2024-03-31

CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Investments:
Fixed maturities, amortized cost of $43,113 and $42,615, less allowance for credit loss of $20 and $16	$ 40,840	$ 40,626
Equity securities, cost of $1,027 and $1,015	1,104	1,050
Limited partnership investments	2,274	2,174
Other invested assets, primarily mortgage loans, less allowance for credit loss of $35 and $35	1,117	1,123
Short-term investments	5,388	4,396
Total investments	50,723	49,369
Cash	556	399
Receivables	9,754	9,660
Property, plant and equipment	10,723	10,718
Goodwill	347	347
Deferred non-insurance warranty acquisition expenses	3,621	3,661
Deferred acquisition costs of insurance subsidiaries	927	896
Other assets	4,255	4,147
Total assets	80,906	79,197
Insurance reserves:
Claim and claim adjustment expense	23,588	23,304
Future policy benefits	13,513	13,959
Unearned premiums	7,046	6,933
Total insurance reserves	44,147	44,196
Payable to brokers	202	79
Short-term debt	1,678	1,084
Long-term debt	8,425	7,919
Deferred income taxes	500	398
Deferred non-insurance warranty revenue	4,645	4,694
Other liabilities	4,311	4,302
Total liabilities	63,908	62,672
Commitments and contingent liabilities
Shareholders' equity:
Preferred stock
Common stock	2	2
Additional paid-in capital	2,547	2,589
Retained earnings	16,060	15,617
Accumulated other comprehensive loss	(2,401)	(2,497)
Shareholders' equity before treasury stock, total	16,208	15,711
Less treasury stock, at cost (335,123 and 100,000 shares)	(24)	(7)
Total shareholders’ equity	16,184	15,704
Noncontrolling interests	814	821
Total equity	16,998	16,525
Total liabilities and equity	$ 80,906	$ 79,197

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 May 08 2024, market cap of Loews Corp is 17.12 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 May 08 2024, L's PE ratio (Price to Earnings) is 11.29 and Price to Sales (PS) ratio is 1.05. 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 0.065 (multiply by 100 for percentage) rate of return.