Loews Corp

Company Profile

Loews Corp had its IPO on 1987-07-10 under the ticker symbol L.

The company operates in the Financial Services sector and Insurance-Property & Casualty industry. Loews Corp has a staff strength of 12,050 employees.

Stock update

Shares of Loews Corp opened at $63.03 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $62.97 - $64.04, and closed at $64.01.

This is a +1.78% increase from the previous day's closing price.

A total volume of 847,478 shares were traded at the close of the day’s session.

In the last one week, shares of Loews Corp have increased by +2.74%.

Loews Corp's Key Ratios

Loews Corp has a market cap of $14.24 billion, indicating a price to book ratio of 0.9685 and a price to sales ratio of 0.9542.

In the last 12-months Loews Corp’s revenue was $14.97 billion with a gross profit of $4.70 billion and an EBITDA of $2.52 billion. The EBITDA ratio measures Loews Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Loews Corp’s operating margin was 13.37% while its return on assets stood at 1.62% with a return of equity of 8.56%.

In Q2, Loews Corp’s quarterly earnings growth was a positive 132.4% while revenue growth was a positive 16.1%.

Loews Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

11.7616

PEG

2.69

Its diluted EPS in the last 12-months stands at $5.37 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2.69. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Loews Corp’s profitability.

Loews Corp stock is trading at a EV to sales ratio of 1.5662 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.9542.

Loews Corp stock pays annual dividends of $0.25 per share, indicating a yield of 0.4% and a payout ratio of 4.41%.

Balance sheet and cash flow metrics

Total Assets

$77.35 billion

Total Liabilities

$1.15 billion

Operating Cash Flow

$-1467000000.00

Capital Expenditure

$140 million

Dividend Payout Ratio

4.41%

Loews Corp ended 2024 with $77.35 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $77.35 billion while shareholder equity stood at $14.60 billion.

Loews Corp ended 2024 with $0 in deferred long-term liabilities, $1.15 billion in other current liabilities, 2000000.00 in common stock, $15.64 billion in retained earnings and $347.00 million in goodwill. Its cash balance stood at $463.00 million and cash and short-term investments were $43.67 billion. The company’s total short-term debt was $961,000,000 while long-term debt stood at $8.09 billion.

Loews Corp’s total current assets stands at $53.60 billion while long-term investments were $46.48 billion and short-term investments were $43.21 billion. Its net receivables were $9.93 billion compared to accounts payable of $191.00 million and inventory worth $0.

In 2024, Loews Corp's operating cash flow was $-1467000000.00 while its capital expenditure stood at $140 million.

Comparatively, Loews Corp paid $0.04 in dividends in 2024.

Other key metrics

Current Trading Price

$64.01

52-Week High

$64.0375

52-Week Low

$49.1543

Analyst Target Price

$60

Loews Corp stock is currently trading at $64.01 per share. It touched a 52-week high of $64.0375 and a 52-week low of $64.0375. Analysts tracking the stock have a 12-month average target price of $60.

Its 50-day moving average was $61.77 and 200-day moving average was $59.07 The short ratio stood at 3.27 indicating a short percent outstanding of 0%.

Around 1855.9% of the company’s stock are held by insiders while 5997% are held by institutions.