Loews Corporation (L)

NYSE: L · Real-Time Price · USD
83.19
+1.53 (1.87%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.87%
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]

Sector Financials
Founded 1969
Employees 12,280
Stock Exchange NYSE
Ticker Symbol L
Full Company Profile

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 Statements

News

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...

5 weeks ago - PRNewsWire

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...

Other symbols: CNA
6 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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 ...

3 months ago - PRNewsWire

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...

5 months ago - Reuters

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 ...

Other symbols: CNA
5 months ago - PRNewsWire

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, ...

Other symbols: CNA
5 months ago - PRNewsWire

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 ...

5 months ago - PRNewsWire

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...

7 months ago - CNBC Television

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 ...

Other symbols: CNA
8 months ago - PRNewsWire

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 ...

8 months ago - PRNewsWire

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...

11 months ago - PRNewsWire

Loews Corporation (L) Q4 2023 Earnings Call Transcript

Loews Corporation (L) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

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.

11 months ago - Reuters

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...

Other symbols: CNA
11 months ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - Seeking Alpha

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.

1 year ago - Reuters

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 ...

Other symbols: CNA
1 year ago - PRNewsWire

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...

1 year ago - Business Wire

Chartmaster says insurance stocks primed for breakout

Carter Worth, Worth Charting, joins ‘Fast Money' traders to discuss the next step in insurance stocks.

Other symbols: AIG
1 year ago - CNBC Television

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...

1 year ago - PRNewsWire

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.

1 year ago - PRNewsWire