After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed 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
L belongs to the Financial sector of the NYSE while operating in the Insurance – Property & Casualty industry. At the end of the last regular session, the stock closed at $72.20 and fluctuated between $72.46 as its day high and $71.58 as its day low. The current market capitalization of Loews Corp. is $16.12B. A total of 0.81 million shares were traded on the day, compared to an average of 860.43K shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. 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
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. 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 12.41. 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.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. 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 $71.88 and a low of $52.85.
As of this writing, L has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. 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
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. 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.
