After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Loews Corporation to Release Fourth Quarter 2023 Results on February 5, 2024.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
This NYSE-listed company operates within the Insurance – Property & Casualty industry segment, falling under the Financial sector. The current market capitalization of Loews Corp. is $15.87B. A total of 0.72 million shares were traded on the day, compared to an average of 858.71K shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, L has seen 9 BUY and 2 SELL insider trades, representing the acquisition of 90,870 and the disposition of 49,479 shares. Over the last 12 months, there were 62 BUYs and 57 SELLs from insiders. Insiders purchased 632,643 shares during that period but sold 312,609.
In the most recent transaction, TISCH ANDREW H sold 11,741 shares of L for 70.58 per share on Jan 03. After the transaction, the Director now owns 1,070,866 company shares. In a previous transaction on Jan 02, TISCH JONATHAN M sold 22,150 shares at 70.15 per share. L shares that Co-Ch. of Bd/Off. of the Pres. owns now total 106,870.
Among the insiders who sold shares, TISCH ANDREW H disposed of 10,629 shares on Jan 02 at a per-share price of $70.15. This resulted in the Director holding 1,070,866 shares of L after the transaction. In another insider transaction, FRIBOURG PAUL J sold 715 shares at $70.21 per share on Dec 01. Company shares held by the Director now total 0.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Loews Corp. pays an annual dividend of $0.25, resulting in a dividend yield of 0.35%, and it has a price to earnings (P/E) ratio of 12.22. L’s most recent ex-dividend date was 11/21/2023 when it declared a $0.0625 quarterly dividend that was paid in cash on 12/5/2023. Previously, the company paid the dividend on 8/29/2023 with an ex-dividend date of 8/15/2023. The L stock dividend was $0.0625 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for L in the last 3 months, the mean price target is $52.00 with high estimates of $52.00 and low estimates of $52.00. In terms of 52-week highs and lows, L has a high of $71.84 and a low of $52.85.
As of this writing, L has an earnings estimate of $StoneCo Ltd. per share for the current quarter. EPS was calculated based on a consensus of Alibaba Group Holding Limited estimates, with a high estimate of $Delta Air Lines, Inc. per share and a lower estimate of $Lucid Group, Inc.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. L’s latest balance sheet shows that the firm has $49.85B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $64.43, while its Total Shareholder’s Equity was $19.18B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for L is Buy with a score of 0.00.
