Last $41.77 USD
Change Today -0.04 / -0.10%
Volume 248.3K
L On Other Exchanges
Symbol
Exchange
New York
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As of 10:41 AM 12/22/14 All times are local (Market data is delayed by at least 15 minutes).

loews corp (L) Snapshot

Open
$41.89
Previous Close
$41.81
Day High
$41.97
Day Low
$41.65
52 Week High
12/31/13 - $48.30
52 Week Low
12/16/14 - $39.04
Market Cap
15.6B
Average Volume 10 Days
2.3M
EPS TTM
$2.97
Shares Outstanding
374.1M
EX-Date
11/25/14
P/E TM
14.0x
Dividend
$0.25
Dividend Yield
0.60%
Current Stock Chart for LOEWS CORP (L)

loews corp (L) Details

Loews Corporation operates primarily as a commercial property and casualty insurance company. The company provides risk management, information, warranty, and claims administration services; management and professional liability insurance, and other specialized property and casualty coverage; commercial surety and fidelity bonds; and warranty and alternative risk services for vehicles. It also offers standard and excess property, marine, boiler, and machinery coverage; workers’ compensation, general and product liability, commercial auto, and umbrella coverage; loss-sensitive insurance programs; underwrites primarily short-tail exposures in marine and aviation, non-marine property, property treaty reinsurance, and specialty lines coverages; and group reinsurance and life settlement contracts. In addition, the company owns and operates 45 offshore drilling rigs for companies engaged in the exploration and production of hydrocarbons. Further, it is involved in the transportation and storage of natural gas and natural gas liquids (NGLs), and gathering and processing of natural gas. The company owns and operates natural gas pipelines covering approximately 14,195 miles of interconnected pipelines transporting approximately 2.4 trillion cubic feet of natural gas and approximately 7.5 million barrels of NGLs; and underground storage fields with aggregate working gas capacity of approximately 207.0 billion cubit feet of natural gas. Additionally, it is engaged in the exploration, production, and marketing of natural gas and oil, including condensate and NGLs in the Permian Basin in West Texas, as well as in the Mississippian Lime in Oklahoma. As of December 31, 2013, its net proved reserves included 719.3 billion cubic feet of natural gas equivalent. The company also owns and manages a chain of 17 hotels in the United States, as well as a hotel in Canada. Loews Corporation was founded in 1954 and is headquartered in New York, New York.

18,175 Employees
Last Reported Date: 02/24/14
Founded in 1954

loews corp (L) Top Compensated Officers

Chief Executive Officer, President, Member of...
Total Annual Compensation: $975.0K
Co-Chairman, Member of the Office of the Pres...
Total Annual Compensation: $975.0K
Co-Chairman, Member of the Office of the Pres...
Total Annual Compensation: $975.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $975.0K
Senior Advisor
Total Annual Compensation: $990.0K
Compensation as of Fiscal Year 2013.

loews corp (L) Key Developments

Loews Corporation Declares Quarterly Dividend on Common Stock, Payable December 12, 2014

Loews Corporation announced the declaration of the company's quarterly dividend of $0.0625 per share of common stock, payable December 12, 2014 to shareholders of record on November 28, 2014.

Loews Corporation to Open Fifth Hotel in Orlando, the Loews Sapphire Falls

Loews Corporation announced that, in partnership with Universal Studios, it will develop its fifth hotel in Orlando, the Loews Sapphire Falls. With this project, Loews will build on its very successful 15-year partnership with Universal Studios. When the 1,000 room Sapphire Falls opens in the second half of 2016, it will bring a total number of on-site hotel rooms at Universal Orlando to 5,200. As a reminder, the 400-room Loews Chicago Hotel, is scheduled to open during the first quarter of 2015.

Loews Corporation Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Loews Corporation announced consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenues of $3,523 million compared to $3,597 million a year ago. Income before income tax was $339 million compared to $576 million a year ago. Income from continuing operations was $240 million compared to $421 million a year ago. Net income attributable to the company was $208 million or $0.55 per diluted share compared to $282 million or $0.73 per diluted share a year ago. Net income attributable to the company from continuing operations was $179 million or $0.47 per diluted share compared to $318 million or $0.82 per diluted share a year ago. For the nine months, the company reported total revenues of $10,804 million compared to $10,831 million a year ago. Income before income tax was $1,399 million compared to $1,779 million a year ago. Income from continuing operations was $1,052 million compared to $1,301 million a year ago. Net income attributable to the company was $383 million or $1.00 per diluted share compared to $793 million or $2.03 per diluted share a year ago. Net income attributable to the company from continuing operations was $747 million or $1.94 per diluted share compared to $901 million or $2.31 per diluted share a year ago. Book value per share was $52.01 compared to $49.99 a year ago.

 

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Price/Earnings 34.9x
Price/Sales 1.1x
Price/Book 0.8x
Price/Cash Flow 84.6x
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