Analyst Expects Loews Corp (NYSE: L) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NYSE listed company, L falls under the Financial sector while operating within the Insurance – Property & Casualty industry segment. The current market capitalization of Loews Corp is $18.72B. A total of 0.62 million shares were traded on the day, compared to an average of 711.33K shares.

In the most recent transaction, BERMAN ANN E sold 1,146 shares of L for 86.48 per share on Dec 02 ’24. After the transaction, the Director now owns 4,998 company shares. In a previous transaction on Dec 02 ’24, DIKER CHARLES M sold 1,146 shares at 86.83 per share. L shares that Director owns now total 19,906.

Among the insiders who sold shares, FRIBOURG PAUL J disposed of 1,146 shares on Dec 02 ’24 at a per-share price of $86.81. This resulted in the Director holding 0 shares of L after the transaction. In another insider transaction, HARRIS WALTER L sold 1,146 shares at $86.63 per share on Dec 02 ’24. Company shares held by the Director now total 22,906.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Loews Corp pays an annual dividend of $0.25, resulting in a dividend yield of 0.29%, and it has a price to earnings (P/E) ratio of 11.42. L’s most recent ex-dividend date was 11/27/2024 when it declared a $0.0625 quarterly dividend that was paid in cash on 12/10/2024. Previously, the company paid the dividend on 9/3/2024 with an ex-dividend date of 8/21/2024. The L stock dividend was $0.0625 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, L has a high of $87.45 and a low of $67.20.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s 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 $79.28, 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 4.00.

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