Loews (L)

CNA Financial Corporation • American Casualty Company • CNA Europe Holdings Limited • CNA Insurance Company (Europe) S.A. • CNA Insurance Company Limited • CNA National Warranty Corporation • Columbia Casualty Company • Continental Casualty Company • Continental Reinsurance Corporation International, Ltd • Hardy Bermuda Limited ...

IRS number

132646102

L stock data

1M 1Y 5Y

News

From Benzinga Pro

Insurance Stocks Moving In Monday's Intraday Session

1 Aug 22

According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session.

Loews Q2 EPS $0.73 Down From $2.86 YoY

1 Aug 22

Loews (NYSE:L) reported quarterly earnings of $0.73 per share. This is a 74.48 percent decrease over earnings of $2.86 per share from the same period last year.

Earnings Scheduled For August 1, 2022

1 Aug 22

Companies Reporting Before The Bell • Bon Natural Life (NASDAQ:BON) is projected to report earnings for its first quarter.

A Bearish Sign Appears On Loews's Chart

29 Jul 22

Earnings Scheduled For July 27, 2022

27 Jul 22

Press releases

From Benzinga Pro

LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK

2 Aug 22

NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Loews Corporation (NYSE:L) announced today the declaration of the Company's quarterly dividend of $0.0625 per share of Common Stock, payable August 30, 2022 to shareholders of

LOEWS CORPORATION REPORTS NET INCOME OF $180 MILLION FOR THE SECOND QUARTER OF 2022

1 Aug 22

NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Loews Corporation (NYSE:L) today reported net income of $180 million, or $0.73 per share, for the second quarter of 2022 compared to net income of $754 million, or $2.86 per share,

Loews Hotels & Co Tops Off the $550 Million, 888-room Loews Arlington Hotel and Arlington Convention Center and Names Soy Cowboy as Hotel's Signature Restaurant Anchor

20 Jul 22

New development is on track to open in early 2024, adding 888 rooms and 266,000 square feet of function space to Arlington's Entertainment DistrictSoy Cowboy is the latest restaurant creation from Texas-based

Loews Corporation to Release Second Quarter 2022 Results on August 1, 2022

19 Jul 22

Investment data

Data from SEC filings

35 long holdings End of quarter 30 Jun 22	Value	#Shares	Prev Q	Change %, QoQ
CNA Cna Finl Corp	$10.92B	243.21M	243.21M	0
META Meta Platforms Inc	$47.57M	295K	155K	+90.3
AMBP Ardagh Metal Packaging S.a.	$27.15M	4.45M		NEW
BERY Berry Global Group Inc	$24.04M	440K	370.62K	+18.7
GE General Electric Co	$23.88M	375K	375K	0
HCA Hca Healthcare Inc	$20.17M	120K		NEW
CI Cigna Corp New	$19.5M	74K	100K	-26.0
BMY Bristol-myers Squibb Co	$18.87M	245K	305K	-19.7
GPN Global PMTS Inc	$18.26M	165K	120K	+37.5
HBI Hanesbrands Inc	$16.82M	1.64M	1.27M	+28.7
DNB Dun & Bradstreet HLDGS Inc	$16.53M	1.1M	1.1M	0
LYB Lyondellbasell Industries	$15.74M	180K	95K	+89.5
APD Air Prods & Chems Inc	$15.63M	65K	50K	+30.0
INGR Ingredion Inc	$14.99M	170K	150K	+13.3
WDC Western Digital Corp	$14.79M	330K	296.5K	+11.3
GM General MTRS Co	$13.66M	430K	370K	+16.2
ABBV Abbvie Inc	$12.25M	80K	80K	0
SSNC SS&C Technologies HLDGS Inc	$11.61M	200K	170K	+17.6
GOOG Alphabet Inc	$9.81M	4.5K	4K	+12.5
FERG Ferguson PLC New	$8.3M	75K		NEW
WFC Wells Fargo Co New	$7.83M	200K	200K	0
CMCSA Comcast Corp New	$7.06M	180K	305K	-41.0
XMPT Vaneck Etf Trust	$6.85M	250K	250K	0
ADNT Adient PLC	$4.15M	140K	140K	0
PPTA Perpetua Resources Corp	$3.71M	1.13M	1.08M	+4.0
GSV Gold STD Ventures Co	$3.47M	10.89M	7M	+55.7
SII Sprott Inc	$3.16M	90.99K	90.99K	0
IHRT Iheartmedia Inc	$3.16M	400K		NEW
OR Osisko Gold Royalties LTD	$3.01M	298.38K	298.38K	0
BTG B2GOLD Corp	$2.35M	693.53K	693.53K	0
VGZ Vista Gold Corp	$2.33M	3.42M	3.42M	0
SILV Silvercrest Metals Inc	$2.21M	360.97K	360.97K	0
MMX Maverix Metals Inc	$1.8M	413.35K		NEW
GAU Galiano Gold Inc	$1.33M	3.23M	3.23M	0
WAB Wabtec	$1.32M	16.11K	16.11K	0
AMBP Ardagh Metal Packaging S.a. (COM)			4M	EXIT
FISV Fiserv Inc			110K	EXIT
MS Morgan Stanley			115K	EXIT
TDY Teledyne Technologies Inc			20K	EXIT
J Jacobs Engr Group Inc			50K	EXIT
KEYS Keysight Technologies Inc			40K	EXIT
CVS CVS Health Corp			45K	EXIT
DSGX Descartes Sys Group Inc			60K	EXIT
PGR Progressive Corp			35K	EXIT
IAG Iamgold Corp			812.76K	EXIT
IT Gartner Inc			1.32K	EXIT
SITE Siteone Landscape Supply Inc			1.72K	EXIT
ASGN Asgn Inc			2.26K	EXIT
ICLR Icon PLC			1.08K	EXIT
FND Floor & Decor HLDGS Inc			2.88K	EXIT
NARI Inari Med Inc			2.52K	EXIT
GTLS Chart Inds Inc			1.2K	EXIT
VRT Vertiv Holdings Co			10.15K	EXIT
ETWO E2OPEN Parent Holdings Inc			11.62K	EXIT
SMRT Smartrent Inc			10.61K	EXIT

Loews holdings history Holdings history

Holdings list only includes long positions. Only includes long positions.

Calendar

1 Aug 22

19 Aug 22

31 Dec 22

Financial summary

Financial statements Chart L financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Loews earnings reports.

Recent insider trades

L insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Jul 22	Tisch Andrew H	Common Stock	Payment of exercise	Dispose F	No	No	59.26	10,158	601.96K	35,453
1 Jul 22	Tisch Andrew H	Common Stock	Option exercise	Acquire M	No	No	0	19,184	0	45,611
1 Jul 22	Tisch Andrew H	Common Stock	Payment of exercise	Dispose F	No	No	59.26	8,982	532.27K	26,427
1 Jul 22	Tisch Andrew H	Common Stock	Option exercise	Acquire M	No	No	0	16,963	0	35,409
1 Jul 22	Tisch Andrew H	Common Stock	Payment of exercise	Dispose F	No	No	59.26	9,953	589.81K	18,446
1 Jul 22	Tisch Andrew H	Common Stock	Option exercise	Acquire M	No	No	0	18,795	0	28,399
1 Jul 22	Tisch Andrew H	Common Stock	Payment of exercise	Dispose F	No	No	59.26	10,123.5	599.92K	9,604
1 Jul 22	Tisch Andrew H	Common Stock	Option exercise	Acquire M	No	No	0	19,113.5	0	19,727.5
1 Jul 22	Tisch Andrew H	RSU Common Stock	Option exercise	Dispose M	No	No	0	19,184	0	0
1 Jul 22	Tisch Andrew H	RSU Common Stock	Option exercise	Dispose M	No	No	0	16,963	0	0

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q2 2022

L institutional ownership history Ownership history

57.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	496	517	-4.1%
Opened positions	49	80	-38.8%
Closed positions	70	40	+75.0%
Increased positions	165	160	+3.1%
Reduced positions	166	168	-1.2%

13F shares	Current	Prev Q	Change
Total value	12.07B	12.84B	-6.0%
Total shares	137.37M	141.51M	-2.9%
Total puts	13.2K	58.7K	-77.5%
Total calls	74.1K	65.4K	+13.3%
Total put/call ratio	0.2	0.9	-80.2%

Largest owners	Shares	Value	Change
Vanguard	23.24M	$1.38B	+2.0%
TROW T. Rowe Price	16.48M	$976.69M	-13.2%
JPM JPMorgan Chase & Co.	14.93M	$884.64M	-3.0%
BLK Blackrock	14.63M	$867.14M	+2.5%
STT State Street	8.8M	$521.7M	-7.4%
IVZ Invesco	4.64M	$274.81M	+56.0%
Geode Capital Management	3.97M	$234.82M	+1.5%
Allspring Global Investments	3.22M	$190.61M	-0.1%
Dimensional Fund Advisors	2.77M	$164.07M	+0.0%
NTRS Northern Trust	2.41M	$142.66M	-1.0%

Largest transactions	Shares	Bought/sold	Change
TROW T. Rowe Price	16.48M	-2.5M	-13.2%
LGEN Legal & General	0	-1.99M	EXIT
IVZ Invesco	4.64M	+1.66M	+56.0%
Parametric Portfolio Associates	0	-773.43K	EXIT
STT State Street	8.8M	-698.84K	-7.4%
MS Morgan Stanley	1.3M	+666.17K	+104.3%
JPM JPMorgan Chase & Co.	14.93M	-462.05K	-3.0%
Vanguard	23.24M	+459.48K	+2.0%
BLK Blackrock	14.63M	+354.16K	+2.5%
Thompson Siegel & Walmsley	469.63K	-347.61K	-42.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Net income attributable to Loews Corporation for 2021 was $1.6 billion, or $6.07 per share, compared to a net loss attributable to Loews Corporation of $931 million, or $3.32 per share, in 2020. Excluding the items set forth in footnote (a) in the table above and Diamond Offshore’s 2020 net loss in the table above, net income attributable to Loews Corporation for 2021 and 2020 was $1.1 billion and $502 million.
The improvement in Loews Corporation’s results in 2021 compared to 2020 was driven by improved current accident year underwriting results, higher net investment income and investment gains in 2021 as compared to losses in 2020 for CNA and the significant improvement in results for Loews Hotels due to the rebound in leisure travel, especially at resort destinations. Boardwalk Pipelines also contributed positively to Loews Corporation’s year-over-year improvement due to higher revenues from growth projects recently placed into service. The parent company investment portfolio also generated higher gains in 2021 as compared to 2020.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

New words: depreciation, Diocese, EBITDA, lending, lengthened, Mega, Overnight, parking, PHMSA, preserving, repositioning, Rochester, Safety, SOFR, spent, unspecified, widening

Removed: designation, experienced, flat, generated, located, operated, reached, unlimited, winter

From filing 10-Q 2022 Q2

Financial reports

View all