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Loews Corporation (L)

Stock Price: $35.44 USD 0.20 (0.57%)
Updated Oct 21, 2020 12:51 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 9.94B
Revenue (ttm) 12.96B
Net Income (ttm) -1.18B
Shares Out 280.44M
EPS (ttm) -4.04
PE Ratio n/a
Forward PE n/a
Dividend $0.25
Dividend Yield 0.71%

Stock Quote

Trading Day Oct 21, 2020
Last Price $35.44
Previous Close $35.24
Change ($) 0.20
Change (%) 0.57%
Day's Open 35.24
Day's Range 35.12 - 35.71
Day's Volume 200,316
52-Week Range 27.33 - 56.88

More Stats

Market Cap 9.94B
Enterprise Value 19.28B
Earnings Date (est) Nov 2, 2020
Ex-Dividend Date Aug 18, 2020
Shares Outstanding 280.44M
Float 240.05M
EPS (basic) -4.18
EPS (diluted) -4.04
FCF / Share 2.60
Dividend $0.25
Dividend Yield 0.71%
Earnings Yield n/a
FCF Yield 7.35%
Payout Ratio n/a
Shares Short 3.17M
Short Ratio 2.82
Short % of Float 1.32%
Beta 0.74
PE Ratio n/a
Forward PE n/a
P/FCF Ratio 13.60
PS Ratio 0.77
PB Ratio 0.57
Revenue 12.96B
Operating Income -1.31B
Net Income -1.18B
Free Cash Flow 731.00M
Net Cash -9.34B
Net Cash / Share -33.29
Gross Margin 51.30%
Operating Margin -10.08%
Profit Margin -9.10%
FCF Margin 5.64%
ROA -0.35%
ROE -8.04%
ROIC -0.90%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

$52.00*
Low
52.0
Current: $35.44
High
52.0
Target: 52.00
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue14,93114,06613,73513,10513,41514,32514,61314,07214,12914,615
Revenue Growth6.15%2.41%4.81%-2.31%-6.35%-1.97%3.84%-0.4%-3.33%-
Gross Profit6,6606,2366,8936,3165,2635,8935,8725,5325,9157,071
Operating Income1,7101,4082,2281,4727642,3082,7022,4482,7483,419
Net Income9326361,1646542605915955681,0621,289
Shares Outstanding303319337338362382389395405419
Earnings Per Share3.071.993.451.930.721.551.531.432.623.07
EPS Growth54.27%-42.32%78.76%168.06%-53.55%1.31%6.99%-45.42%-14.66%-
Dividend Per Share0.250.250.250.250.250.250.310.250.250.25
Dividend Growth-0.4%-0.4%0.8%-0.4%0%-19.81%25.2%0%0%-
Operating Cash Flow1,7414,2222,5902,2533,5472,9902,0962,8543,965-47.00
Capital Expenditures-1,041-995-1,031-1,450-1,555-2,753-1,737-1,405-1,335-917
Free Cash Flow7003,2271,5598031,9922373591,4492,630-964
Cash & Equivalents336405472327440364294228129120
Total Debt11,53311,37611,53310,77810,56010,66810,3449,2109,0019,477
Net Cash / Debt-11,197-10,971-11,061-10,451-10,120-10,304-10,050-8,982-8,872-9,357
Assets82,24378,31679,58676,59476,00678,36779,93980,02175,26876,277
Liabilities60,31356,93055,02053,23353,19653,71755,03355,34552,06553,171
Book Value19,11918,51819,20418,16317,56119,28019,45819,45918,77218,450
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Loews Corporation
Country United States
Employees 18,605
CEO James S. Tisch

Stock Information

Ticker Symbol L
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Insurance—Property & Casualty
Unique Identifier NYSE: L

Description

Loews Corporation provides commercial property and casualty insurance in the United States and internationally. It operates through five segments: CNA Financial Corporation; Diamond Offshore Drilling, Inc.; Boardwalk Pipeline Partners, LP; Loews Hotels Holding Corporation; and Corporate segments. The company offers specialty insurance products, such as management and professional liability coverages and products; and surety and fidelity bonds. It also provides commercial property insurance products that include property, marine, and boiler and machinery coverages; casualty insurance products comprising workers' compensation, general and product liability, commercial auto, and umbrella coverages; 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, it offers contract drilling services through a fleet of 15 offshore drilling rigs consisting of 4 drillships and 11 semisubmersible rigs. Further, the company is involved in the transportation and storage of natural gas and natural gas liquids (NGLs) through natural gas pipelines covering approximately 13,610 miles of interconnected pipelines; 455 miles of NGL pipelines in Louisiana and Texas; and 14 underground storage fields with an aggregate gas capacity of approximately 205 billion cubic feet of natural gas. Additionally, 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.