28-Mar-2024
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Loews Arlington Hotel and Convention Center Officially Opens Its Doors
PRNewswire (Tue, 13-Feb 11:30 AM ET)
LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK
PRNewswire (Tue, 6-Feb 11:31 AM ET)
PRNewswire (Mon, 5-Feb 6:00 AM ET)
Loews Corporation to Release Fourth Quarter 2023 Results on February 5, 2024
PRNewswire (Tue, 16-Jan 10:00 AM ET)
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.
Loews trades on the NYSE stock market under the symbol L.
As of March 28, 2024, L stock price climbed to $78.29 with 677,624 million shares trading.
L has a beta of 0.34, meaning it tends to be less sensitive to market movements. L has a correlation of 0.09 to the broad based SPY ETF.
L has a market cap of $17.40 billion. This is considered a Large Cap stock.
In the last 3 years, L stock traded as high as $78.55 and as low as $49.36.
The top ETF exchange traded funds that L belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.
L has outperformed the market in the last year with a price return of +41.2% while the SPY ETF gained +33.6%. L has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +13.3% and +2.8%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
L support price is $77.40 and resistance is $78.80 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that L stock will trade within this expected range on the day.