Loews Corporation is a diversified company with businesses in the insurance, energy, hospitality, and packaging industries.

Company profile
Ticker
L
Exchange
Website
CEO
James Tisch
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
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
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
10 May 23
10-Q
2023 Q1
Quarterly report
1 May 23
8-K
Loews Corporation Reports Net Income of $375 Million
1 May 23
ARS
2022 FY
Annual report to shareholders
29 Mar 23
DEFA14A
Additional proxy soliciting materials
29 Mar 23
DEF 14A
Definitive proxy
29 Mar 23
PRE 14A
Preliminary proxy
15 Mar 23
10-K
2022 FY
Annual report
7 Feb 23
8-K
Loews Corporation Reports Net Income of $364 Million
6 Feb 23
8-K
Departure of Directors or Certain Officers
13 Jan 23
Transcripts
L
Earnings call transcript
2022 Q3
31 Oct 22
L
Earnings call transcript
2022 Q2
1 Aug 22
L
Earnings call transcript
2022 Q1
2 May 22
L
Earnings call transcript
2021 Q4
7 Feb 22
L
Earnings call transcript
2021 Q3
1 Nov 21
L
Earnings call transcript
2021 Q2
2 Aug 21
L
Earnings call transcript
2021 Q1
3 May 21
L
Earnings call transcript
2020 Q4
8 Feb 21
L
Earnings call transcript
2020 Q3
2 Nov 20
L
Earnings call transcript
2020 Q3
2 Nov 20
Latest ownership filings
144
Notice of proposed sale of securities
18 May 23
13F-HR
Quarterly holdings report by institutional manager
10 May 23
4
ANTHONY WELTERS
10 May 23
4
ANDREW H TISCH
10 May 23
4
Susan Peters
10 May 23
4
WALTER L HARRIS
10 May 23
4
PAUL J FRIBOURG
10 May 23
4
CHARLES M DIKER
10 May 23
4
CHARLES D DAVIDSON
10 May 23
4
JOSEPH L BOWER
10 May 23
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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Revenue | |||||
Cost of revenue | |||||
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Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 594.00 mm | 594.00 mm | 594.00 mm | 594.00 mm | 594.00 mm | 594.00 mm |
Cash burn (monthly) | (no burn) | 17.00 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 32.53 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 561.47 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 33.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
55.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 489 |
Opened positions | 43 |
Closed positions | 72 |
Increased positions | 147 |
Reduced positions | 184 |
13F shares | Current |
---|---|
Total value | 7.27 tn |
Total shares | 126.76 mm |
Total puts | 254.30 k |
Total calls | 53.30 k |
Total put/call ratio | 4.8 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 23.19 mm | $1.35 tn |
BLK Blackrock | 14.51 mm | $841.95 bn |
JPM JPMorgan Chase & Co. | 14.10 mm | $817.84 bn |
STT State Street | 8.34 mm | $483.82 bn |
T. Rowe Price | 5.52 mm | $318.38 bn |
IVZ Invesco | 4.71 mm | $273.05 bn |
Geode Capital Management | 4.06 mm | $235.29 bn |
Allspring Global Investments | 3.22 mm | $186.78 bn |
Dimensional Fund Advisors | 2.61 mm | $151.62 bn |
NTRS Northern Trust | 2.40 mm | $139.49 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 May 23 | Berman Ann E | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,567 | 0.00 | 3,292 |
10 May 23 | Berman Ann E | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,567 | 0.00 | 0 |
10 May 23 | Walter L Harris | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,567 | 0.00 | 21,200 |
10 May 23 | Walter L Harris | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,567 | 0.00 | 0 |
10 May 23 | Davidson Charles D | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,567 | 0.00 | 25,199.6 |
10 May 23 | Davidson Charles D | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,567 | 0.00 | 0 |
9 May 23 | Berman Ann E | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,706 | 0.00 | 1,706 |
9 May 23 | Joseph L Bower | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,706 | 0.00 | 1,706 |
9 May 23 | Walter L Harris | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,706 | 0.00 | 1,706 |
9 May 23 | Paul J Fribourg | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,706 | 0.00 | 1,706 |
News
Loews: Dividend Insights
18 May 23
Death Cross Looms Over Loews Investors
16 May 23
Loews Q1 Results Tout Improved Hotels Performance, CNA Revenues Reach Record High
1 May 23
Earnings Scheduled For May 1, 2023
1 May 23
Loews Book Value Per Share Increased To $63.41 At March 31, 2023, From $60.81 At December 31, 2022 Due To Repurchases Of Common Shares And Operating Results In Q1
1 May 23
Press releases
LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK
9 May 23
LOEWS CORPORATION REPORTS NET INCOME OF $375 MILLION FOR THE FIRST QUARTER OF 2023
1 May 23
Loblaw Companies Limited Announces Senior Management Changes, Effective By Q1 2024
18 Apr 23
Loews Corporation to Release First Quarter 2023 Results on May 1, 2023
11 Apr 23
Loblaw Companies Limited Enters into Automatic Share Purchase Plan
24 Mar 23