Loews Corporation (L)

NYSE: L · IEX Real-Time Price · USD
74.50
-0.04 (-0.05%)
Feb 27, 2024, 12:52 PM EST - Market open
-0.05%
Market Cap 16.56B
Revenue (ttm) 15.90B
Net Income (ttm) 1.43B
Shares Out 222.20M
EPS (ttm) 6.29
PE Ratio 11.85
Forward PE n/a
Dividend $0.25 (0.34%)
Ex-Dividend Date Feb 20, 2024
Volume 414,775
Open 74.41
Previous Close 74.54
Day's Range 73.98 - 74.50
52-Week Range 52.85 - 75.41
Beta 0.83
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 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
CEO James S. Tisch
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 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...

14 days ago - PRNewsWire

LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK

NEW YORK , Feb. 6, 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 March 5, 2024 to s...

21 days ago - PRNewsWire

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.

22 days 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
22 days 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...

6 weeks ago - PRNewsWire

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.

4 months 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
4 months 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...

4 months 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
4 months 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...

5 months 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.

5 months ago - PRNewsWire

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.

7 months ago - Reuters

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...

Other symbols: CNA
7 months ago - Market Watch

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...

Other symbols: CNA
7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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.

9 months ago - CNBC Television

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...

10 months ago - MarketBeat

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...

10 months ago - PRNewsWire

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 ...

11 months ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire