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Last $41.73 USD
Change Today +0.09 / 0.22%
Volume 666.5K
L On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

loews corp (L) Snapshot

Open
$41.89
Previous Close
$41.64
Day High
$41.99
Day Low
$41.54
52 Week High
05/23/14 - $44.66
52 Week Low
01/29/15 - $38.01
Market Cap
15.5B
Average Volume 10 Days
684.0K
EPS TTM
$2.71
Shares Outstanding
372.2M
EX-Date
02/26/15
P/E TM
15.4x
Dividend
$0.25
Dividend Yield
0.60%
Current Stock Chart for LOEWS CORP (L)

loews corp (L) Details

Loews Corporation, through its subsidiaries, operates as a commercial property and casualty insurance company primarily in the United States. The company offers management and professional liability insurance and risk management services, and other specialized property and casualty coverages; commercial surety and fidelity bonds; and warranty and alternative risk services primarily for vehicles and portable electronic communication devices. Its commercial’s property insurance products include standard and excess property, marine, and boiler and machinery coverages; and casualty insurance products comprise workers’ compensation, general and product liability, commercial auto, and umbrella coverages. The company also provides loss-sensitive insurance programs; and risk management, information, warranty, and claims administration services, as well as underwrites primarily short-tail exposures in marine and aviation, non-marine property, property treaty reinsurance, and specialty lines products. It markets its insurance products and services primarily through independent agents, brokers, and managing general underwriters to various customers. In addition, the company owns and operates 38 offshore drilling rigs consisting of 27 semisubmersible rigs, 6 jack-ups, and 5 drillships 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. It owns and operates natural gas pipelines covering approximately 14,190 miles of interconnected pipelines transporting approximately 2.5 trillion cubic feet of natural gas and approximately 34.4 million barrels of NGLs; and underground storage fields with aggregate working gas capacity of approximately 208.0 billion cubic feet of natural gas. Additionally, it operates 21 upper and upscale hotels. The company was founded in 1954 and is headquartered in New York, New York.

17,510 Employees
Last Reported Date: 02/24/15
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 Vice President
Total Annual Compensation: $975.0K
Compensation as of Fiscal Year 2014.

loews corp (L) Key Developments

Loews Corporation Elects Charles D. Davidson to Board of Directors

Loews Corporation announced that Charles D. Davidson has been elected a director of Loews. Mr. Davidson currently serves as Chairman of the Board of Noble Energy, where he also served as Chief Executive Officer from 2000 to October 2014. In 2014, he announced his retirement from Noble Energy, effective in May of this year.

Loews Corporation Declares Quarterly Dividend, Payable on March 13, 2015

Loews Corporation announced the declaration of the Company's quarterly dividend of $0.0625 per share of Common Stock, payable on March 13, 2015 to shareholders of record on March 2, 2015.

Loews Corporation Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

Loews Corporation reported consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported net income attributable to the company of $208 million against net loss attributable to the company of $198 million a year ago. The company’s income by $49 million, while a charge related to retroactive insurance accounting for the loss portfolio transfer transaction reduced fourth quarter of 2013 income by $111 million. Net income per share was $0.55 against net loss per share of $0.51 per share a year ago. Total revenues were $3,521 million against $3,782 million a year ago. Income before income tax was $411 million against $498 million a year ago. Income from continuing operations was $301 million or $0.57 per share diluted against $320 million or $0.64 per share a year ago. For full year 2014, the company reported Income from continuing operations was $962 million or $2.52 per share as compared to $1.1 billion or $2.95 per share in 2013. Net income attributable to the company was $591 million against $595 million a year ago. Net income per share was $1.55 against $1.53 per share a year ago. Total revenues were $14,325,000 against $14,613,000 a year ago. Income before income tax was $1,810 million against $2,277 million a year ago. Income from continuing operations was $1,353 million or $2.52 per share diluted against $1,621 million or $2.95 per share a year ago.

 

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L

Industry Average

Valuation L Industry Range
Price/Earnings 16.3x
Price/Sales 1.1x
Price/Book 0.8x
Price/Cash Flow 26.3x
TEV/Sales NM Not Meaningful
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