Loews Corporation (L)
Market Cap | 18.12B |
Revenue (ttm) | 17.22B |
Net Income (ttm) | 1.67B |
Shares Out | 217.78M |
EPS (ttm) | 7.53 |
PE Ratio | 11.05 |
Forward PE | n/a |
Dividend | $0.25 (0.30%) |
Ex-Dividend Date | Nov 27, 2024 |
Volume | 1,034,521 |
Open | 81.50 |
Previous Close | 81.66 |
Day's Range | 81.50 - 83.93 |
52-Week Range | 68.49 - 87.45 |
Beta | 0.83 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 3, 2025 |
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 standard and excess property, marine and boiler, and machinery coverages; and casualty insurance products, such as workers’ compensation, general and product liability, and commercial auto, surplus, and umbrella coverages. It also provides loss-... [Read more]
Financial Performance
In 2023, Loews's revenue was $15.90 billion, an increase of 13.22% compared to the previous year's $14.04 billion. Earnings were $1.43 billion, an increase of 74.45%.
Financial StatementsNews
LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK
NEW YORK , Nov. 12, 2024 /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 10, 2024...
LOEWS CORPORATION REPORTS NET INCOME OF $401 MILLION FOR THE THIRD QUARTER OF 2024
NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) today released its third quarter 2024 financial results. Third Quarter 2024 highlights: Loews Corporation reported net income of $40...
Loews Corporation to Release Third Quarter 2024 Results on November 4, 2024
NEW YORK , Oct. 15, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) will report third quarter 2024 financial results on Monday, November 4, 2024. On that date the Company will also post earnings rema...
Loews Arlington Selects ROH to Streamline Sales Operations and Payment Processing
NEW YORK--(BUSINESS WIRE)-- #SaaS--ROH, the hospitality industry's first payments and revenue management platform designed to help hotels increase profitability, today announced that Loews Arlington h...
Loews Miami Beach Hotel Selects ROH to Increase Booking Conversions, Improve Cross-Department Visibility and Reduce Aging AR
NEW YORK--(BUSINESS WIRE)-- #SaaS--ROH, the hospitality industry's first payments and revenue management platform designed to help hotels increase profitability, today announced that Loews Miami Beach...
Loews Corporation Announces Favorable Resolution of Boardwalk Pipelines Acquisition Litigation
NEW YORK , Sept. 9, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today that the Delaware Court of Chancery found no liability in connection with Loews's 2018 acquisition of the minority ...
Loews profit rises on strong premiums and investment income; names new CEO
Loews said on Monday that James Tisch will hand over the CEO role to his son after 25 years at the helm. The company also reported a 2.5% jump in its quarterly profit, helped by a rise in insurance pr...
LOEWS CORPORATION REPORTS NET INCOME OF $369 MILLION FOR THE SECOND QUARTER OF 2024
NEW YORK , July 29, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) today released its second quarter 2024 financial results. Second Quarter 2024 highlights: Loews Corporation reported net income of ...
Loews Corporation Announces CEO Transition:
James Tisch to retire as President & CEO as of December 31, 2024; Loews Board elects Benjamin Tisch as President & CEO; James Tisch will become Chairman of the Board of Directors NEW YORK , July 29, ...
Loews Corporation to Release Second Quarter 2024 Results on July 29, 2024
NEW YORK, July 9, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) will report second quarter 2024 financial results on Monday, July 29, 2024. On that date the Company will also post earnings remarks ...
Loews Hotels' Tisch: Pent-up demand for lodging has waned while other areas are getting stronger
Jonathan Tisch, Loews Hotels executive chairman and New York Giants co-owner, joins 'Squawk on the Street' to discuss the executive chairman's thoughts on consumer spending, the company's hotel in Tex...
LOEWS CORPORATION REPORTS NET INCOME OF $457 MILLION FOR THE FIRST QUARTER OF 2024
NEW YORK, May 6, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) today released its first quarter 2024 financial results. First Quarter 2024 highlights: Loews Corporation reported net income of $457 ...
Loews Corporation to Release First Quarter 2024 Results on May 6, 2024
NEW YORK , April 16, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) will report first quarter 2024 financial results on Monday, May 6, 2024. On that date the Company will also post earnings remarks ...
Loews Arlington Hotel and Convention Center Officially Opens Its Doors
$550 Million Hotel Development is Loews' Second Loews Property in the Metroplex, adding 888 rooms and 266,000 square feet of function space to Arlington's Entertainment District ARLINGTON, Texas , Feb...
Loews Corporation (L) Q4 2023 Earnings Call Transcript
Loews Corporation (L) Q4 2023 Earnings Call Transcript
Loews fourth-quarter profit jumps on investment income gains
Loews Corp on Monday reported a near 26% jump in fourth-quarter profit, as higher premiums and a market rally at the end of last year helped the insurer earn more on its investments.
LOEWS CORPORATION REPORTS NET INCOME OF $446 MILLION FOR THE FOURTH QUARTER OF 2023 AND $1.4 BILLION FOR THE FULL YEAR
14.0 MILLION COMMON SHARES REPURCHASED IN 2023 FOR $852 MILLION NEW YORK, Feb. 5, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) today released its fourth quarter 2023 financial results. Fourth Qua...
Loews Corporation to Release Fourth Quarter 2023 Results on February 5, 2024
NEW YORK , Jan. 16, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) will report fourth quarter 2023 financial results on Monday, February 5, 2024. On that date the Company will also post earnings rem...
Loblaw Companies Limited (LBLCF) Q3 2023 Earnings Call Transcript
Loblaw Companies Limited (OTCPK:LBLCF) Q3 2023 Earnings Conference Call November 15, 2023 10:00 AM ET Company Participants Roy MacDonald - Vice President-Investor Relations Galen Weston - Chairman and...
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.