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Loews Corporation is an insurance—property & casualty business based in the US. Loews Corporation shares (L) are listed on the NYSE and all prices are listed in US Dollars. Loews Corporation employs 18,605 staff and has a trailing 12-month revenue of around USD$12.9 billion.
Since the stock market crash in March caused by coronavirus, Loews Corporation's share price has had significant negative movement.
Its last market close was USD$36.69, which is 31.59% down on its pre-crash value of USD$53.63 and 28.65% up on the lowest point reached during the March crash when the shares fell as low as USD$28.52.
If you had bought USD$1,000 worth of Loews Corporation shares at the start of February 2020, those shares would have been worth USD$567.44 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$700.05.
|Latest market close||USD$36.69|
|52-week range||USD$27.325 - USD$54.23|
|50-day moving average||USD$36.5229|
|200-day moving average||USD$35.0572|
|Wall St. target price||USD$52|
|Dividend yield||USD$0.25 (0.68%)|
|Earnings per share (TTM)||USD$1.789|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-09-11)||N/A|
|1 month (2020-08-18)||N/A|
|3 months (2020-06-22)||7.72%|
|6 months (2020-03-18)||N/A|
|1 year (2019-09-18)||N/A|
|2 years (2018-09-18)||N/A|
|3 years (2017-09-18)||N/A|
|5 years (2015-09-18)||N/A|
Valuing Loews Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Loews Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Loews Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Loews Corporation shares trade at around 15x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Loews Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.69. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Loews Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Loews Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$495 million.
The EBITDA is a measure of a Loews Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$12.9 billion|
|Gross profit TTM||USD$6.6 billion|
|Return on assets TTM||-0.35%|
|Return on equity TTM||-8.04%|
|Market capitalisation||USD$9.8 billion|
TTM: trailing 12 months
There are currently 2.9 million Loews Corporation shares held short by investors – that's known as Loews Corporation's "short interest". This figure is 10.2% up from 2.7 million last month.
There are a few different ways that this level of interest in shorting Loews Corporation shares can be evaluated.
Loews Corporation's "short interest ratio" (SIR) is the quantity of Loews Corporation shares currently shorted divided by the average quantity of Loews Corporation shares traded daily (recently around 850685.83815029). Loews Corporation's SIR currently stands at 3.46. In other words for every 100,000 Loews Corporation shares traded daily on the market, roughly 3460 shares are currently held short.
However Loews Corporation's short interest can also be evaluated against the total number of Loews Corporation shares, or, against the total number of tradable Loews Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Loews Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Loews Corporation shares in existence, roughly 10 shares are currently held short) or 0.0124% of the tradable shares (for every 100,000 tradable Loews Corporation shares, roughly 12 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Loews Corporation.
Find out more about how you can short Loews Corporation stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Loews Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 14.52
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Loews Corporation's overall score of 14.52 (as at 08/01/2020) is excellent – landing it in it in the 7th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Loews Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 1.95/100
Social score: 0.81/100
Governance score: 7.28/100
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Loews Corporation scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Loews Corporation has, for the most part, managed to keep its nose clean.
|Total ESG score||14.52|
|Total ESG percentile||6.9|
|Level of controversy||2|
Dividend payout ratio: 8.14% of net profits
Recently Loews Corporation has paid out, on average, around 8.14% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.68% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Loews Corporation shareholders could enjoy a 0.68% return on their shares, in the form of dividend payments. In Loews Corporation's case, that would currently equate to about $0.25 per share.
While Loews Corporation's payout ratio might seem low, this can signify that Loews Corporation is investing more in its future growth.
Loews Corporation's most recent dividend payout was on 1 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 18 August 2020 (the "ex-dividend date").
Loews Corporation's shares were split on a 3:1 basis on 9 May 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Loews Corporation shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Loews Corporation shares which in turn could have impacted Loews Corporation's share price.
Over the last 12 months, Loews Corporation's shares have ranged in value from as little as $27.325 up to $54.23. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Loews Corporation's is 0.7324. This would suggest that Loews Corporation's shares are less volatile than average (for this exchange).
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.
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