-0.35%
1.41%
8.76%
7.42%
17.87%
43.95%
66.92%
AI Spotlight on L
Company Description
Loews Corporation provides commercial property and casualty insurance in the United States and internationally.The company offers specialty insurance products, such as management and professional liability, and other coverage products; surety and fidelity bonds; property insurance products that include property, marine and boiler, and machinery coverages; and casualty insurance products, such as workers' compensation, general and product liability, and commercial auto and umbrella coverages.It also provides 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, the company is involved in the transportation and storage of natural gas and natural gas liquids(NGLs), and hydrocarbons through natural gas pipelines covering approximately 13,615 miles of interconnected pipelines; 450 miles of NGL pipelines in Louisiana and Texas; 14 underground storage fields with an aggregate gas capacity of approximately 213 billion cubic feet of natural gas; and eleven salt dome caverns and related brine infrastructure for providing brine supply services.Further, 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.
Market Data
| Last Price | 85.88 |
| Change Percentage | -0.35% |
| Open | 85.78 |
| Previous Close | 86.18 |
| Market Cap ( Millions) | 18703 |
| Volume | 33950 |
| Year High | 87.45 |
| Year Low | 71.52 |
| M A 50 | 84.58 |
| M A 200 | 79.51 |
Financial Ratios
| FCF Yield | 12.68% |
| Dividend Yield | 0.29% |
| ROE | 10.20% |
| Debt / Equity | 54.93% |
| Net Debt / EBIDTA | 375.65% |
| Price To Book | 1.09 |
| Price Earnings Ratio | 11.28 |
| Price To FCF | 7.88 |
| Price To sales | 1.4 |
| EV / EBITDA | 11.58 |
News
- Jan -21 - Loews Corporation to Release Fourth Quarter 2024 Results on February 10, 2025
- Dec -04 - Akeso's Cadonilimab (PD-1/CTLA-4 Bispecific Antibody) Combination Therapy for PD-(L)1 Resistant NSCLC Showcased in Oral Presentation at 2024 Asian Conference on Lung Cancer
- Nov -12 - LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK
- Nov -04 - LOEWS CORPORATION REPORTS NET INCOME OF $401 MILLION FOR THE THIRD QUARTER OF 2024
- Oct -15 - Loews Corporation to Release Third Quarter 2024 Results on November 4, 2024
- Oct -03 - Loews Arlington Selects ROH to Streamline Sales Operations and Payment Processing
- Sep -13 - FDA approves Roche's Tecentriq Hybreza, the first and only subcutaneous anti-PD-(L)1 cancer immunotherapy
- Sep -12 - FDA Approves Genentech's Tecentriq Hybreza, the First and Only Subcutaneous Anti-PD-(L)1 Cancer Immunotherapy
- Sep -09 - Loews Corporation Announces Favorable Resolution of Boardwalk Pipelines Acquisition Litigation
- Aug -06 - LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK
- Aug -02 - 3 Holding Company Stocks to Buy Other Than Berkshire Hathaway
- Jul -29 - Loews profit rises on strong premiums and investment income; names new CEO
- Jul -29 - Loews Corporation Announces CEO Transition:
- Jul -29 - LOEWS CORPORATION REPORTS NET INCOME OF $369 MILLION FOR THE SECOND QUARTER OF 2024
- Jul -25 - Loblaw, George Weston to pay $500M to settle bread price-fixing lawsuit
- Jul -09 - Loews Corporation to Release Second Quarter 2024 Results on July 29, 2024
- Jun -03 - Loews Hotels' Tisch: Pent-up demand for lodging has waned while other areas are getting stronger
- May -20 - Loews Co. (NYSE:L) Shares Sold by Beacon Pointe Advisors LLC
- May -14 - LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK
- May -06 - LOEWS CORPORATION REPORTS NET INCOME OF $457 MILLION FOR THE FIRST QUARTER OF 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> CNA Financial
Expected Growth : 4.5 %
What the company do ?
CNA Financial, a subsidiary of Loews Corporation, is a leading provider of commercial property and casualty insurance products and services.
Why we expect these perspectives ?
CNA Financial's growth is driven by increasing demand for commercial property and casualty insurance, expansion into new markets, and strategic partnerships. Additionally, the company's strong underwriting discipline and risk management capabilities will contribute to its growth.
Segment n°2 -> Boardwalk Pipelines
Expected Growth : 4.5 %
What the company do ?
Boardwalk Pipelines, a subsidiary of Loews Corporation, is a leading operator of natural gas and liquids pipelines in the United States.
Why we expect these perspectives ?
Increasing demand for natural gas, expansion of pipeline infrastructure, and growing production of shale gas are expected to drive the growth of Boardwalk Pipelines. Additionally, the company's strategic location and diversified customer base are likely to contribute to its growth.
Segment n°3 -> Loews Hotels & Co
Expected Growth : 4.5 %
What the company do ?
Loews Hotels & Co is a luxury hospitality brand from Loews Corporation, offering upscale accommodations and exceptional service in iconic destinations.
Why we expect these perspectives ?
Growing demand for luxury travel, increasing disposable income, and expansion into new iconic destinations drive Loews Hotels & Co's growth, with a focus on exceptional service and upscale accommodations.
Segment n°4 -> Corporate Segment
Expected Growth : 4.5 %
What the company do ?
Loews Corporation's Corporate segment consists of investments, cash, and other assets, as well as the company's headquarters' overhead costs.
Why we expect these perspectives ?
Loews Corporation's Corporate segment is expected to grow driven by strategic investments, cash management, and overhead cost optimization. The company's diversified investments and strong cash position will support growth, while efficient headquarters' operations will reduce overhead costs.
Loews Corporation Products
| Product Range | What is it ? |
|---|---|
| CNA Insurance | CNA is a leading provider of commercial property and casualty insurance products to businesses and professionals. |
| Diamond Offshore Drilling | Diamond Offshore Drilling is a leading deepwater drilling contractor, providing drilling services to the oil and gas industry. |
| Boardwalk Pipeline Partners | Boardwalk Pipeline Partners is a midstream energy company that provides transportation and storage services for natural gas and liquids. |
| Loews Hotels & Resorts | Loews Hotels & Resorts is a luxury hospitality company that operates a chain of upscale hotels and resorts. |
Loews Corporation's Porter Forces
Threat Of Substitutes
Loews Corporation operates in the hospitality industry, which has a moderate threat of substitutes. While there are alternative accommodations available, such as Airbnb, Loews' luxury hotels and resorts offer unique experiences that are difficult to replicate.
Bargaining Power Of Customers
Loews Corporation's customers have limited bargaining power due to the company's strong brand reputation and loyalty programs. Additionally, the luxury nature of Loews' hotels and resorts limits customers' ability to negotiate prices.
Bargaining Power Of Suppliers
Loews Corporation's suppliers, such as food and beverage providers, have some bargaining power due to the company's reliance on high-quality products. However, Loews' scale and reputation also give it some negotiating power.
Threat Of New Entrants
The threat of new entrants in the hospitality industry is low due to the high barriers to entry, including significant capital requirements and regulatory hurdles. Loews Corporation's established brand and reputation also make it difficult for new entrants to compete.
Intensity Of Rivalry
The hospitality industry is highly competitive, with many established players competing for market share. Loews Corporation faces intense rivalry from other luxury hotel chains, which drives innovation and investment in customer experience.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 36.44% |
| Debt Cost | 5.40% |
| Equity Weight | 63.56% |
| Equity Cost | 8.07% |
| WACC | 7.09% |
| Leverage | 57.33% |
Loews Corporation : Quality Control
Loews Corporation passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| RLI | RLI Corp., an insurance holding company, underwrites property and casualty insurance in the United States and internationally. Its Casualty segment provides commercial and personal coverage products; and general liability products, … |
| MKL | Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, Bermuda, the United Kingdom, rest of Europe, Canada, the Asia Pacific, and the … |
| WRB | W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline … |
| MCY | Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella … |
| THG | The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through three segments: Commercial Lines, Personal … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
RLI
A-Score
1-Year Total Return ->
🥈
WR Berkley
A-Score
1-Year Total Return ->
🥉
Mercury General
A-Score
1-Year Total Return ->
4
Markel
A-Score
1-Year Total Return ->
5
Hanover Insurance
A-Score
1-Year Total Return ->
6
