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44.87 (1y: +10%)
Market Cap 17.59 B P/E(ttm) 39.70
Enterprise Value 26.94 B P/B 0.90
L- NYSE (USA)
Loews Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$44.87
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.025
L's Cash to Debt is ranked lower than
59% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.70 vs. L: 0.025 )
L' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.03
Current: 0.03
0.01
0.03
Equity to Asset 0.243
L's Equity to Asset is ranked higher than
62% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.24 vs. L: 0.243 )
L' s 10-Year Equity to Asset Range
Min: 0.13   Max: 0.25
Current: 0.24
0.13
0.25
Interest Coverage 3.2
L's Interest Coverage is ranked higher than
52% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 10.60 vs. L: 3.2 )
L' s 10-Year Interest Coverage Range
Min: 2   Max: 15
Current: 3.2
2
15
F-Score: 5
Z-Score: 0.65
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 9.60
L's Operating margin (%) is ranked higher than
69% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 9.10 vs. L: 9.60 )
L' s 10-Year Operating margin (%) Range
Min: -6.5   Max: 26.6
Current: 9.6
-6.5
26.6
Net-margin (%) 3.9
L's Net-margin (%) is ranked higher than
58% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 5.30 vs. L: 3.9 )
L' s 10-Year Net-margin (%) Range
Min: -3.7   Max: 34.2
Current: 3.9
-3.7
34.2
ROE (%) 2.9
L's ROE (%) is ranked higher than
53% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 6.20 vs. L: 2.9 )
L' s 10-Year ROE (%) Range
Min: -6.1   Max: 34.5
Current: 2.9
-6.1
34.5
ROA (%) 0.7
L's ROA (%) is ranked higher than
53% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.60 vs. L: 0.7 )
L' s 10-Year ROA (%) Range
Min: -0.8   Max: 6.5
Current: 0.7
-0.8
6.5
ROC (Joel Greenblatt) (%) 10.20
L's ROC (Joel Greenblatt) (%) is ranked higher than
86% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.00 vs. L: 10.20 )
L' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -28.9   Max: 118.3
Current: 10.2
-28.9
118.3
Revenue Growth (%) 3.1
L's Revenue Growth (%) is ranked higher than
63% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 3.10 vs. L: 3.1 )
L' s 10-Year Revenue Growth (%) Range
Min: -4.7   Max: 5.9
Current: 3.1
-4.7
5.9
EBITDA Growth (%) 2.2
L's EBITDA Growth (%) is ranked higher than
79% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.00 vs. L: 2.2 )
L' s 10-Year EBITDA Growth (%) Range
Min: -18.5   Max: 38.6
Current: 2.2
-18.5
38.6
EPS Growth (%) 2.4
L's EPS Growth (%) is ranked higher than
80% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.00 vs. L: 2.4 )
L' s 10-Year EPS Growth (%) Range
Min: -26.6   Max: 51.5
Current: 2.4
-26.6
51.5
ยป L's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

L Guru Trades in Q2 2012

Jeremy Grantham 61,400 sh (New)
Tom Gayner 240,500 sh (+19.95%)
Brian Rogers 2,000,000 sh (+14.29%)
Mason Hawkins 38,058,157 sh (+1.63%)
Mario Gabelli 10,800 sh (unchged)
James Barrow 25,100 sh (unchged)
Jim Simons Sold Out
Bruce Kovner Sold Out
Murray Stahl 59,040 sh (-1.81%)
NWQ Managers 7,819,578 sh (-4.5%)
Chris Davis 35,895,967 sh (-7.61%)
Dodge & Cox 40,600 sh (-17.48%)
Jean-Marie Eveillard 14,500 sh (-36.68%)
Ken Fisher 5,666 sh (-41.31%)
Steven Cohen 18,625 sh (-66.27%)
» More
Q3 2012

L Guru Trades in Q3 2012

Jim Simons 697,200 sh (New)
Mario Gabelli 12,800 sh (+18.52%)
Murray Stahl 60,094 sh (+1.79%)
Tom Gayner 240,700 sh (+0.08%)
Jeremy Grantham 61,400 sh (unchged)
James Barrow 25,100 sh (unchged)
Jean-Marie Eveillard 14,500 sh (unchged)
Brian Rogers 2,000,000 sh (unchged)
Steven Cohen Sold Out
Mason Hawkins 37,965,057 sh (-0.24%)
Ken Fisher 5,600 sh (-1.16%)
Dodge & Cox 39,500 sh (-2.71%)
Chris Davis 34,146,964 sh (-4.87%)
NWQ Managers 5,954,612 sh (-23.85%)
» More
Q4 2012

L Guru Trades in Q4 2012

Steven Cohen 31,865 sh (New)
James Barrow 32,600 sh (+29.88%)
Tom Gayner 240,700 sh (unchged)
Jeremy Grantham 76,000 sh (unchged)
Brian Rogers 2,000,000 sh (unchged)
Ken Fisher 5,600 sh (unchged)
Jean-Marie Eveillard 14,500 sh (unchged)
Mason Hawkins 37,689,638 sh (-0.73%)
Mario Gabelli 12,000 sh (-6.25%)
Chris Davis 29,852,965 sh (-12.58%)
NWQ Managers 5,158,228 sh (-13.37%)
Murray Stahl 47,391 sh (-21.14%)
Jim Simons 472,700 sh (-32.2%)
Dodge & Cox 24,400 sh (-38.23%)
» More
Q1 2013

L Guru Trades in Q1 2013

Donald Smith 404,127 sh (New)
James Barrow 475,297 sh (+1357.97%)
Jim Simons 1,506,500 sh (+218.7%)
Jeremy Grantham 80,100 sh (+5.39%)
Steven Cohen 32,086 sh (+0.69%)
Brian Rogers 2,000,000 sh (unchged)
Jean-Marie Eveillard 14,500 sh (unchged)
Tom Gayner 240,700 sh (unchged)
Mario Gabelli 12,000 sh (unchged)
Ken Fisher Sold Out
Mason Hawkins 37,506,153 sh (-0.49%)
Chris Davis 27,387,459 sh (-8.26%)
NWQ Managers 4,722,412 sh (-8.45%)
Dodge & Cox 19,400 sh (-20.49%)
Murray Stahl 35,223 sh (-25.68%)
» More
» Details

Insider Trades

Latest Guru Trades with L

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Donald Smith 2013-03-31 New Buy0.39%$40.75 - $44.64 $ 44.874%404127
James Barrow 2013-03-31 Add 1357.97%0.04%$40.75 - $44.64 $ 44.874%475297
Dodge & Cox 2013-03-31 Reduce -20.49%$40.75 - $44.64 $ 44.874%19400
James Barrow 2012-12-31 Add 29.88%$39.83 - $43.17 $ 44.878%32600
Dodge & Cox 2012-12-31 Reduce -38.23%$39.83 - $43.17 $ 44.878%24400
Mason Hawkins 2012-06-30 Add 1.63%0.11%$38.24 - $41.28 $ 44.8713%38058157
Jean-Marie Eveillard 2012-06-30 Reduce -36.68%$38.24 - $41.28 $ 44.8713%14500
Tom Gayner 2012-03-31 Add 184.4%0.24%$37.31 - $39.86 $ 44.8724%200500
Ray Dalio 2012-03-31 Sold Out 0.03%$37.31 - $39.86 $ 44.8724%0
Mario Gabelli 2012-03-31 Add 86.21%$37.31 - $39.86 $ 44.8724%10800
Tom Gayner 2011-12-31 New Buy0.14%$33.5 - $41.42 $ 44.8719%70500
Ray Dalio 2011-12-31 New Buy0.03%$33.5 - $41.42 $ 44.8719%48400
Ruane Cunniff 2011-12-31 Sold Out 0.0021%$33.5 - $41.42 $ 44.8719%0
Mason Hawkins 2011-09-30 Add 16.51%0.88%$34.26 - $42.63 $ 44.8718%38320365
Dodge & Cox 2011-09-30 Reduce -92.38%0.04%$34.26 - $42.63 $ 44.8718%63600
Mason Hawkins 2011-06-30 Add 19.1%0.87%$40.24 - $44.26 $ 44.877%32889865
Dodge & Cox 2011-06-30 Reduce -82.74%0.2%$40.24 - $44.26 $ 44.877%834531
Donald Smith 2011-06-30 Sold Out 0.12%$40.24 - $44.26 $ 44.877%0
Mario Gabelli 2011-06-30 New Buy$40.24 - $44.26 $ 44.877%6800
Mason Hawkins 2011-03-31 Add 15.76%0.63%$38.91 - $43.27 $ 44.878%27615544
Dodge & Cox 2011-03-31 Reduce -25.41%0.08%$38.91 - $43.27 $ 44.878%4836028
Donald Yacktman 2011-03-31 Sold Out $38.91 - $43.27 $ 44.878%0
Mario Gabelli 2011-03-31 Sold Out $38.91 - $43.27 $ 44.878%0
Mason Hawkins 2010-12-31 Add 10.01%0.34%$37.41 - $40.08 $ 44.8715%23856347
Donald Yacktman 2010-12-31 Reduce -84.38%0.16%$37.41 - $40.08 $ 44.8715%50000
David Dreman 2010-12-31 Sold Out 0.01%$37.41 - $40.08 $ 44.8715%0
Mason Hawkins 2010-09-30 Add 209.26%2.48%$33.57 - $38.55 $ 44.8723%21684900
Mason Hawkins 2010-06-30 New Buy1.18%$31.12 - $38.81 $ 44.8729%7011979
Donald Yacktman 2010-06-30 Reduce -24.69%0.07%$31.12 - $38.81 $ 44.8729%320000
David Dreman 2010-06-30 Add 36.58%$31.12 - $38.81 $ 44.8729%9574
Premium More recent guru trades are included for Premium Members only!!
ยป Financial Charts

Peter Lynch Chart

Top Ranked Articles about Loews Corporation

Weekly Top Insider Buys: C, L, AA, WU, HBAN
December 3, 2012
According to GuruFocus Insider Data, these are the largest insider buys during the past week: Citigroup Inc. (C), Loews Corporation (L), Alcoa Inc. (AA), Western Union Company (WU), and Huntington Bancshares Inc. (HBAN). Read more...
Weekly CFO Sells Highlight: L, SAPE, JDAS, SRZ, TUMI, LNKD
November 19, 2012
Senior Vice President and CFO Peter W. Keegan sold 90,000 shares of L stock on 11/15/2012 at the average price of $39.78. The price of the stock has increased by 2.36% since. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 39.70
L's P/E(ttm) is ranked lower than
64% of the 135 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 13.80 vs. L: 39.70 )
L' s 10-Year P/E(ttm) Range
Min: 2.03   Max: 56.38
Current: 39.7
2.03
56.38
P/B 0.90
L's P/B is ranked higher than
75% of the 150 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.09 vs. L: 0.90 )
L' s 10-Year P/B Range
Min: 0.41   Max: 1.66
Current: 0.9
0.41
1.66
P/S 1.20
L's P/S is ranked higher than
58% of the 158 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.11 vs. L: 1.20 )
L' s 10-Year P/S Range
Min: 0.24   Max: 1.54
Current: 1.2
0.24
1.54
PFCF 11.50
L's PFCF is ranked lower than
56% of the 124 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 7.71 vs. L: 11.50 )
L' s 10-Year PFCF Range
Min: 3.24   Max: 292.96
Current: 11.5
3.24
292.96
EV-to-EBIT 23.3
L's EV-to-EBIT is ranked lower than
64% of the 119 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 11.19 vs. L: 23.3 )
L' s 10-Year EV-to-EBIT Range
Min: 3.9   Max: 445.5
Current: 23.3
3.9
445.5
PEG 1.4
L's PEG is ranked lower than
63% of the 43 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.60 vs. L: 1.4 )
L' s 10-Year PEG Range
Min: 0.41   Max: 25.15
Current: 1.4
0.41
25.15
Shiller P/E 12.7
L's Shiller P/E is ranked lower than
100% of the Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: vs. L: 12.7 )
L' s 10-Year Shiller P/E Range
Min: 6.31   Max: 43.92
Current: 12.7
6.31
43.92

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.60
L's Dividend Yield is ranked lower than
70% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.92 vs. L: 0.60 )
L' s 10-Year Dividend Yield Range
Min: 0.48   Max: 2.52
Current: 0.6
0.48
2.52
Dividend Payout 0.2
L's Dividend Payout is ranked higher than
87% of the 109 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.40 vs. L: 0.2 )
L' s 10-Year Dividend Payout Range
Min: 0.03   Max: 0.3
Current: 0.2
0.03
0.3
Yield on cost (5-Year) 0.60
L's Yield on cost (5-Year) is ranked lower than
70% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 2.06 vs. L: 0.60 )
L' s 10-Year Yield on cost (5-Year) Range
Min: 0.48   Max: 2.52
Current: 0.6
0.48
2.52
Share Buyback Rate 2.2
L's Share Buyback Rate is ranked higher than
86% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.00 vs. L: 2.2 )
L' s 10-Year Share Buyback Rate Range
Min: 5.9   Max: 0.1
Current: 2.2

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 7.8
L's Price/Net Current Asset Value is ranked lower than
53% of the 106 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 6.00 vs. L: 7.8 )
L' s 10-Year Price/Net Current Asset Value Range
Min: 0.6   Max: 7.2
Current: 7.8
0.6
7.2
Price/Tangible Book 1
L's Price/Tangible Book is ranked higher than
74% of the 145 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.10 vs. L: 1 )
L' s 10-Year Price/Tangible Book Range
Min: 0.8   Max: 1.7
Current: 1
0.8
1.7
Price/DCF (Projected) 0.6
L's Price/DCF (Projected) is ranked higher than
60% of the 82 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.60 vs. L: 0.6 )
L' s 10-Year Price/DCF (Projected) Range
Min: 0.4   Max: 1.2
Current: 0.6
0.4
1.2
Price/Median PS Value 1.2
L's Price/Median PS Value is ranked higher than
52% of the 145 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.10 vs. L: 1.2 )
L' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 1.4
Current: 1.2
0.5
1.4
Price/Graham Number 0.8
L's Price/Graham Number is ranked higher than
69% of the 124 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.80 vs. L: 0.8 )
L' s 10-Year Price/Graham Number Range
Min: 0.4   Max: 1
Current: 0.8
0.4
1
Earnings Yield (Greenblatt) 4.30
L's Earnings Yield (Greenblatt) is ranked higher than
58% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 6.70 vs. L: 4.30 )
L' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 25.3
Current: 4.3
0.2
25.3
Forward Rate of Return (Yacktman) 4.93
L's Forward Rate of Return (Yacktman) is ranked higher than
74% of the 165 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.00 vs. L: 4.93 )
L' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -3.4   Max: 23
Current: 4.93
-3.4
23

Business Description

Loews Corporation was incorporated in 1967 and is an insurance holding company. The Company is engaged in the following lines of business: commercial property and casualty insurance; operation of offshore oil and gas drilling rigs; exploration, production and marketing of natural gas and natural gas liquids; operation of interstate natural gas pipeline systems; and the operation of hotels. Its subsidiaries are CNA Financial Corporation; Diamond Offshore Drilling, Inc.; HighMount Exploration & Production LLC; Boardwalk Pipeline Partners, LP; and Loews Hotels Holding Corporation. CNA Financial Corporation is an insurance holding company whose property and casualty insurance operations are conducted by Continental Casualty Company and The Continental Insurance Company and its affiliates. CNA's core businesses serves a variety of customers, including small, medium and large businesses, associations, professionals and groups with a range of insurance and risk management products and services. Diamond Offshore Drilling, Inc. is engaged, through its subsidiaries, in the business of owning and operating drilling rigs that are used in the drilling of offshore oil and gas wells on a contract basis for companies engaged in exploration and production of hydrocarbons. It owns 49 offshore rigs. It also owns and operates 32 semisubmersible rigs, consisting of 13 high specification and 19 intermediate rigs. HighMount is engaged in the exploration, production and marketing of natural gas, predominantly ethane and propane and, to a small extent, oil, mainly in the Permian Basin in Texas, the Antrim Shale in Michigan and the Black Warrior Basin in Alabama. It holds interests in developed and undeveloped acreage, wellbores and well facilities, which generally take the form of working interests in leases that have varying terms. HighMount also owns or has interests in gathering systems which transport natural gas and NGLs, mainly from its producing wells, to processing plants and pipelines owned by third parties. Boardwalk Pipeline Partners, LP is engaged in the interstate transportation and storage of natural gas. CNA competes with a number of stock and mutual insurance companies and other entities for both distributors and customers. HighMount competes with other oil and gas companies in all aspects of its business, including acquisition of producing properties and leases and obtaining goods, services and labor, including drilling rigs and well completion services. Boardwalk Pipeline competes with other interstate and intrastate pipelines in the transportation and storage of natural gas. Competition from other hotels and lodging facilities is vigorous in all areas in which Loews Hotels operates. The insurance industry is subject to comprehensive and detailed regulation and supervision throughout the United States.
Company Website
SEC Reports
Industry: Insurance - Property & Casualty
Compare:RLI, TRV, MBI, QBIEY, TKOMY
Traded in other countries:LTR.Germany
ยป More Articles for L

Headlines

Articles On GuruFocus.com
Loews Corp's Value Investing CEO Jim Tisch Thinks Hedge Fund Managers Are Envious of Him Jun 06 2013 
Loews CEO Jim Tisch Considers Every Day Where He Should Allocate Capital Apr 16 2013 
Profit from Economically-Sensitive Stocks: BEAM, L, LUK, TSX: AW.UN, TSX: LNR Apr 06 2013 
52-Week High Companies: UL, BCH, MON, L, LOW Feb 04 2013 
Loews Value Investing CEO Jim Tisch Jan 17 2013 
Loews Tisch Is Bullish About the Hotel Industry Jan 09 2013 
Back to the Value Well Dec 16 2012 
Loews's Tisch Thinks U.S. Natural Gas Exports Will Boom Dec 12 2012 
Weekly Top Insider Buys: C, L, AA, WU, HBAN Dec 03 2012 
Weekly CFO Sells Highlight: L, SAPE, JDAS, SRZ, TUMI, LNKD Nov 19 2012 

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