Loews Corporation (L)
| Market Cap | 15.54B |
| Revenue (ttm) | 15.44B |
| Net Income (ttm) | 1.35B |
| Shares Out | 223.25M |
| EPS (ttm) | 5.83 |
| PE Ratio | 11.94 |
| Forward PE | n/a |
| Dividend | $0.25 (0.36%) |
| Ex-Dividend Date | Nov 21, 2023 |
| Volume | 370,731 |
| Open | 69.56 |
| Previous Close | 69.47 |
| Day's Range | 69.19 - 69.70 |
| 52-Week Range | 52.85 - 70.88 |
| Beta | 0.82 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Feb 5, 2024 |
About L
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; ... [Read more]
Financial Performance
In 2022, Loews's revenue was $14.04 billion, a decrease of -4.18% compared to the previous year's $14.66 billion. Earnings were $1.01 billion, a decrease of -35.87%.
Financial StatementsNews
LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK
NEW YORK , Nov. 7, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today the declaration of the Company's quarterly dividend of $0.0625 per share of Common Stock, payable December 5, 2023 t...
Loews posts Q3 profit on higher investment income, insurance premium
Loews Corp on Monday reported a profit in the third quarter compared to a loss a year earlier, boosted by higher investments and insurance unit CNA Financial's strong performance.
LOEWS CORPORATION REPORTS NET INCOME OF $253 MILLION FOR THE THIRD QUARTER OF 2023
NEW YORK , Oct. 30, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) today released its third quarter 2023 financial results. Third Quarter highlights: Loews Corporation reported net income of $253 ...
Loews Hollywood Reaches Union Agreement with UNITE HERE Local 11; Strikes Continue in Downtown LA and Other SoCal Hotels
LOS ANGELES--(BUSINESS WIRE)--After a historic summer of strikes, UNITE HERE Local 11 and Loews Hollywood have reached a tentative agreement. The Loews Hollywood joins the Westin Bonaventure and the h...
Chartmaster says insurance stocks primed for breakout
Carter Worth, Worth Charting, joins ‘Fast Money' traders to discuss the next step in insurance stocks.
Loews Corporation to Release Third Quarter 2023 Results on October 30, 2023
NEW YORK , Oct. 10, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) will report third quarter 2023 financial results on Monday, October 30, 2023. On that date the Company will also post earnings rema...
Loews Corporation Elects Jonathan Locker to Its Board of Directors
NEW YORK , Sept. 19, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today that Jonathan Locker has been elected a director of Loews and appointed as a member of its Audit Committee.
Loews profit more than doubles as market rebound boosts investment returns
Loews Corp said on Monday its second-quarter profit more than doubled as a jump in investment income cushioned a hit from higher catastrophe losses in its insurance unit, CNA Financial.
Loews' profit and revenue rise, as majority-owned CNA Financial posts higher income
Loews Corp. L reported Monday second-quarter profit and revenue that rose above expectations, as majority-owned insurer CNA Financial Corp. CNA posted higher earnings. Loews, the diversified company i...
LOEWS CORPORATION REPORTS NET INCOME OF $360 MILLION FOR THE SECOND QUARTER OF 2023
NEW YORK , July 31, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) today released its second quarter 2023 financial results. Second Quarter highlights: Loews Corporation reported net income of $36...
Loews Corporation to Release Second Quarter 2023 Results on July 31, 2023
NEW YORK , July 11, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) will report second quarter 2023 financial results on Monday, July 31, 2023. On that date the Company will also post earnings remark...
Loews Hotels CEO Jonathan Tisch: Running hotels and remaining profitable is not easy
CNBC's Sara Eisen sits down with Jonathan Tisch, Loews Hotels CEO and co-owner of the New York Giants, discussing the hotel industry's state, the summer travel demand, and more.
Loews Is The Insurance Company That Diversified Correctly
Insurance companies like Progressive NYSE: PGR, Allstate Insurance NYSE: ALL, and even American International Group NYSE: AIG are, by their very nature, heavily dependent on the volumes of policy issu...
LOEWS CORPORATION REPORTS NET INCOME OF $375 MILLION FOR THE FIRST QUARTER OF 2023
NEW YORK , May 1, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) today released its first quarter 2023 financial results. First Quarter highlights: Loews Corporation reported net income of $375 mil...
Loews Corporation to Release First Quarter 2023 Results on May 1, 2023
NEW YORK , April 11, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) will report first quarter 2023 financial results on Monday, May 1, 2023. On that date the Company will also post earnings remarks ...
LOEWS CORPORATION REPORTS NET INCOME OF $364 MILLION FOR THE FOURTH QUARTER OF 2022 AND $1.0 BILLION FOR THE FULL YEAR
12.7 MILLION COMMON SHARES REPURCHASED IN 2022 FOR $738 MILLION NEW YORK , Feb. 6, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) today released its fourth quarter 2022 financial results. Fourth Qu...
Loews Corporation to Release Fourth Quarter 2022 Results on February 6, 2023
NEW YORK , Jan. 24, 2023 /PRNewswire/ -- Loews Corporation (NYSE: L) will report fourth quarter 2022 financial results on Monday, February 6, 2023. On that date the Company will also post earnings rem...
LOEWS CORPORATION ANNOUNCES REVERSAL OF TRIAL COURT DECISION IN BOARDWALK PIPELINES ACQUISITION LITIGATION
NEW YORK , Dec. 20, 2022 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today that the Delaware Supreme Court reversed the November 2021 decision of the Delaware Court of Chancery that had awar...
LOEWS CORAL GABLES OFFICIALLY OPENS ITS DOORS
Second South Florida Hotel for New York Based Loews Hotels & Co CORAL GABLES, Fla. , Nov. 3, 2022 /PRNewswire/ -- Loews Hotels & Co, a wholly owned subsidiary of Loews Corporation (NYSE: L), today ope...
Loews Hotels & Co Appoints Alex Tisch CEO
Jonathan Tisch to Become Executive Chairman NEW YORK , Oct. 31, 2022 /PRNewswire/ -- Loews Hotels & Co, a wholly owned subsidiary of Loews Corporation (NYSE: L), announced that Alex Tisch will assume ...
Loews Corporation announces management changes at Loews Hotels & Co: Jonathan Tisch to assume Executive Chairman Position; Alex Tisch to become President and CEO
NEW YORK , Oct. 31, 2022 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today that CEO Jonathan (Jon) Tisch will assume the role of Executive Chairman and Alex Tisch will become President and C...
LOEWS CORPORATION REPORTS NET INCOME OF $130 MILLION FOR THE THIRD QUARTER OF 2022
NEW YORK , Oct. 31, 2022 /PRNewswire/ -- Loews Corporation (NYSE:L) today reported net income of $130 million, or $0.54 per share, for the third quarter of 2022, compared to net income of $220 million...
T Rowe Price Equity Income Fund's Top Sells of the 3rd Quarter
The T Rowe Price Equity Income Fund (Trades, Portfolio), part of Baltimore-based T. Rowe Price Group Inc. (TROW), disclosed this week that is top sells during the third quarter included the closure of...
Loews Corporation to Release Third Quarter 2022 Results on October 31, 2022
NEW YORK , Oct. 18, 2022 /PRNewswire/ -- Loews Corporation (NYSE: L) will report third quarter 2022 financial results on Monday, October 31, 2022. The conference call for investors will begin at 10:00...
LOEWS CORPORATION REPORTS NET INCOME OF $180 MILLION FOR THE SECOND QUARTER OF 2022
NEW YORK , Aug. 1, 2022 /PRNewswire/ -- Loews Corporation (NYSE:L) today reported net income of $180 million, or $0.73 per share, for the second quarter of 2022 compared to net income of $754 million,...