Loews Corporation provides commercial property and casualty insurance in the United States and internationally.
No risks detected for L from our risk checks.
Solid track record and slightly overvalued.
Share Price & News
How has Loews's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: L has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: L underperformed the US Insurance industry which returned 9.3% over the past year.
Return vs Market: L underperformed the US Market which returned 10.2% over the past year.
Price Volatility Vs. Market
How volatile is Loews's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StShould You Be Concerned About Loews Corporation's (NYSE:L) ROE?
1 month ago | Simply Wall StIs Loews Corporation's (NYSE:L) CEO Being Overpaid?
1 month ago | Simply Wall StThe Loews (NYSE:L) Share Price Is Up 31% And Shareholders Are Holding On
Is Loews undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: L ($48.95) is trading above our estimate of fair value ($24.09)
Significantly Below Fair Value: L is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: L is poor value based on its PE Ratio (15.9x) compared to the Insurance industry average (12.4x).
PE vs Market: L is good value based on its PE Ratio (15.9x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate L's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: L is good value based on its PB Ratio (0.7x) compared to the US Insurance industry average (1.1x).
How is Loews forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Insurance industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if L's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if L's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if L's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if L's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if L's Return on Equity is forecast to be high in 3 years time
How has Loews performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: L has high quality earnings.
Growing Profit Margin: L's current net profit margins (6.2%) are higher than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: L's earnings have grown by 9.9% per year over the past 5 years.
Accelerating Growth: L's earnings growth over the past year (46.5%) exceeds its 5-year average (9.9% per year).
Earnings vs Industry: L earnings growth over the past year (46.5%) exceeded the Insurance industry 34.8%.
Return on Equity
High ROE: L's Return on Equity (4%) is considered low.
How is Loews's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: L has a low level of unsold assets or inventory.
Debt Coverage by Assets: L's debt is covered by short term assets (assets are 1.1x debt).
Financial Institutions Analysis
Asset Level: L's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if L has a sufficient allowance for bad loans.
Low Risk Liabilities: L reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if L has an acceptable proportion of non-loan assets held.
Low Risk Deposits: L has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if L has an appropriate level of bad loans.
What is Loews's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: L's dividend (0.51%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: L's dividend (0.51%) is low compared to the top 25% of dividend payers in the US market (3.96%).
Stability and Growth of Payments
Stable Dividend: L is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: L is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: L is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of L's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
James Tisch (66yo)
Mr. James S. Tisch, also known as Jim, has been President and Chief Executive Officer and member of the Officer of the President of Loews Corporation, the holding Company of CNA Financial Corporation since ...
CEO Compensation Analysis
Compensation vs Market: James's total compensation ($USD5.71M) is below average for companies of similar size in the US market ($USD10.78M).
Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||5.8yrs||US$5.53m||0.0079% $1.1m|
|Senior Vice President||0yrs||US$5.23m||no data|
|Senior VP & Chief Investment Officer||11.1yrs||no data||0.0091% $1.3m|
|VP & Chief Accounting Officer||14.6yrs||no data||no data|
|Vice President of IR & Corporate Communications||8.1yrs||no data||no data|
|Senior VP||3.6yrs||no data||no data|
|Vice President of Corporate Development||0yrs||no data||no data|
|Vice President of Human Resources||0yrs||no data||no data|
|Treasurer||7.5yrs||no data||no data|
Experienced Management: L's management team is seasoned and experienced (8.1 years average tenure).
|Independent Director||17.1yrs||US$225.00k||0.0025% $356.4k|
|Co-Chairman of the Board||14.1yrs||US$4.47m||5.15% $724.9m|
|Independent Director||17.1yrs||US$235.00k||0.0034% $471.9k|
|Co-Chairman of the Board||14.1yrs||US$4.92m||3.37% $474.0m|
|Independent Director||6.3yrs||US$210.00k||0.0019% $270.5k|
|Independent Director||19.1yrs||US$265.00k||0.0039% $555.0k|
|Lead Director||0yrs||US$285.00k||no data|
|Independent Director||15.6yrs||US$275.00k||0.0044% $618.4k|
|Independent Director||14.1yrs||US$225.00k||no data|
Experienced Board: L's board of directors are seasoned and experienced ( 15.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Loews Corporation's company bio, employee growth, exchange listings and data sources
- Name: Loews Corporation
- Ticker: L
- Exchange: NYSE
- Founded: 1969
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$14.086b
- Shares outstanding: 287.77m
- Website: https://www.loews.com
Number of Employees
- Loews Corporation
- 667 Madison Avenue
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|L||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1968|
|LTR||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
|0JVI||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jan 1968|
|L1OE34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 1 REPR 1 COM||BR||BRL||Jan 2020|
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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 23:48|
|End of Day Share Price||2020/02/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.