Loews Overview
- Year Founded
-
1969
- Status
-
Public
- Employees
-
12,280
- Stock Symbol
-
L
- Investments
-
20
- Share Price
-
$78.34
- (As of Friday Closing)
Loews General Information
Description
Loews Corp is a holding company that is supported by a variety of businesses. Its majority revenue generating subsidiary is CNA Financial Corporation, a property and casualty insurance company. CNA's services include risk management, information services, and warranty and claims administration. Loews also maintains an operation of offshore oil and gas drilling rigs through Diamond Offshore Drilling, Inc. The company engages in the transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas through Boardwalk Pipeline Partners, LP. Loews also operates a chain of hotels.
Contact Information
Website
www.loews.comCorporate Office
- 9 West 57th Street
- New York, NY 10019-2714
- United States
Corporate Office
- 9 West 57th Street
- New York, NY 10019-2714
- United States
Loews Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $78.34 | $78.07 | $61.43 - $83.54 | $17.2B | 220M | 643K | $6.82 |
Loews Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 26,908,904 | 24,670,012 | 23,059,120 | 24,266,812 |
| Revenue | 16,459,000 | 15,678,000 | 14,050,000 | 13,727,000 |
| EBITDA | 2,512,000 | 2,910,000 | 2,001,000 | 3,099,000 |
| Net Income | 1,525,000 | 1,434,000 | 822,000 | 1,562,000 |
| Total Assets | 81,057,000 | 79,197,000 | 75,567,000 | 81,626,000 |
| Total Debt | 9,571,000 | 9,003,000 | 9,019,000 | 9,079,000 |
Loews Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Loews Patents
Loews Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| FR-1160816-A | Method and apparatus for the production of cinematographic images | Inactive | 24-Oct-1955 | 000000000 | |
| FR-1149682-A | Improved method of obtaining a positive film for cinematographic projection | Inactive | 10-Jan-1955 | 000000000 | |
| FR-1089965-A | Method and apparatus for impressing motion pictures in color | Inactive | 05-Jun-1952 | G03B27/72 |
Loews Executive Team (28)
| Name | Title | Board Seat |
|---|---|---|
| James Tisch | Office of the President, President, Chief Executive Officer and Board Member | |
| Jane Wang | Chief Financial Officer, Finance & Senior Vice President | |
| Mark Schwartz | Chief Accounting Officer, Accounting & Treasurer, Finance | |
| Richard Scott | Senior Vice President & Chief Investment Officer, Investments | |
| Jonathan Tisch | Co-Chairman of the Board and Member of the Office of the President |
Loews Board Members (12)
| Name | Representing | Role | Since |
|---|---|---|---|
| 000000 00000 | Self | Co-Chairman of the Board & Chairman of the Executive Committee | 000 0000 |
| 000 000000 | Self | Board Member | 000 0000 |
| 0000000 0000000 00 | Self | Board Member | 000 0000 |
| 0000000 00000000 | Self | Board Member | 000 0000 |
| 0000000 00000 | Self | Board Member | 000 0000 |
Loews Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Loews Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Loews Investments & Acquisitions (20)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| The Williams Companies (Bayou Ethane Pipeline in Texas) | 05-Feb-2024 | 000000000 | Buildings and Property | ||
| Stallingborough Interchange | 04-Dec-2023 | 0000000000 | Buildings and Property | ||
| CNA Financial | 02-Aug-2023 | 000000000 | 00000 | Multi-line Insurance | 00000000 |
| Associated British Ports (Former Quality Discounts Site) | 13-Apr-2023 | 0000000000 | Buildings and Property | ||
| Solent Gateway | 31-Jan-2023 | Buyout/LBO | Marine |
Loews Subsidiaries (5)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Altium Packaging | Plastic Containers and Packaging | Atlanta, GA | 1999 |
| CNA Financial | Multi-line Insurance | Chicago, IL | 0000 |
| Boardwalk Pipeline Partners | Holding Companies | Houston, TX | |
| Loews and Subsidiaries Master Retirement Trust | Corporate Pension | New York, NY | |
| Loews Hotels & Resorts | Acquirer | New York, NY |
Loews ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
29.08 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.0
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 16,009
Rank
Percentile
Insurance
Industry
00 of 300
Rank
Percentile
Property and Casualty Insurance
Subindustry
00 of 89
Rank
Percentile
Loews Exits (5)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| The Madison Washington DC | 12-Feb-2013 | 000000000 00 | 00000 | Completed |
|
| Bulova | 01-Dec-2004 | 000000000 00 | 00.000 | Completed |
|
| Champion International | 28-Aug-1990 | 0000 | 00000 | Completed |
|
| Bulova | 01-Jan-1979 | 000000000000 | Completed |
|
|
| Inter Continental Mark Hopkins San Francisco | Corporate Asset Purchase | Completed |
Loews FAQs
-
When was Loews founded?
Loews was founded in 1969.
-
Who is the CEO of Loews?
James Tisch and Alexander Tisch are the CEOs of Loews.
-
Where is Loews headquartered?
Loews is headquartered in New York, NY.
-
What is the size of Loews?
Loews has 12,280 total employees.
-
What industry is Loews in?
Loews’s primary industry is Holding Companies.
-
Is Loews a private or public company?
Loews is a Public company.
-
What is Loews’s stock symbol?
The ticker symbol for Loews is L.
-
What is the current stock price of Loews?
As of 13-Sep-2024 the stock price of Loews is $78.34.
-
What is the current market cap of Loews?
The current market capitalization of Loews is $17.2B.
-
What is Loews’s current revenue?
The trailing twelve month revenue for Loews is $16.5B.
-
What is Loews’s annual earnings per share (EPS)?
Loews’s EPS for 12 months was $6.82.
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