Loews Corporation Stock Fair Value – Loews Director Cashes Out Over $1.35M in Stock
November 24, 2023
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Loews Corporation ($NYSE:L) is an American diversified conglomerate with subsidiaries in the fields of energy, hospitality, entertainment, and finance. Recently, one of the company’s directors disposed of over $1.35M in stock. The purpose of the transaction is unknown, and it is unclear if it was part of a larger planned move or a spontaneous decision based on current market conditions. Loews has had a steady increase in stock value over the past few years, and their performance in the stock market has been strong.
Despite the stock sale, Loews remains a reliable and profitable company across its various divisions. As a result, investors are confident that Loews will continue to be a good investment opportunity.
Price History
On Wednesday, LOEWS CORPORATION stock opened at $67.9 and closed at $68.5, a 0.6% increase from its last closing price of 68.1. This came amid news that one of the company’s directors had cashed out over $1.35M of LOEWS stock. Their decision to cash out these shares resulted in a significant gain for the director. The move highlights the confidence the director has in LOEWS CORPORATION performance and growth potential, while at the same time providing them with a capital payout. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Loews Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 15.28k | 1.53k | 10.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Loews Corporation. More…
| Operations | Investing | Financing |
| 4.05k | -2.82k | -1.36k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Loews Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 76.47k | 61.31k | 64.72 |
Key Ratios Snapshot
Some of the financial key ratios for Loews Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.8% | – | 16.3% |
| FCF Margin | ROE | ROA |
| 22.0% | 10.7% | 2.0% |
Analysis – Loews Corporation Stock Fair Value
At GoodWhale, we conducted an analysis of LOEWS CORPORATION‘s fundamentals to determine its fair value. We are happy to report that our proprietary Valuation Line calculated the fair value of a LOEWS CORPORATION share to be around $67.9. This is interesting as LOEWS CORPORATION’s stock is currently being traded at $68.5 – a fair price, according to our calculations. More…
Peers
The company was founded in 1919 and is headquartered in New York, New York. Loews operates through four segments: CNA Financial, Diamond Offshore Drilling, Boardwalk Pipeline Partners, and HighMount Exploration & Production. Some of Loews’ competitors include ACP Energy plc, E Split Corp., and Manzo Pharmaceuticals Inc.
– ACP Energy PLC ($LSE:ACPE)
BP Chargemaster PLC is a United Kingdom-based company, which is engaged in providing electric vehicle (EV) charging solutions. The Company offers a range of services for businesses, including the design, installation and maintenance of EV charge points, as well as the management of charging infrastructure. It also provides residential customers with a range of products and services for the home, including home chargers, subscription-based products and pay-as-you-go services. The Company’s segments include UK home, UK workplace, UK fleet and rest of world.
– E Split Corp. ($TSX:ENS)
First Quantum Minerals Ltd. is a Canadian mining company with operations in Zambia, Panama, and Australia. The company has a market cap of 264.59M as of 2022. First Quantum Minerals is primarily a copper producer, with operations in Zambia, Panama, and Australia. The company also produces nickel, gold, and silver.
– Manzo Pharmaceuticals Inc ($OTCPK:MNZO)
Manzo Pharmaceuticals Inc is a pharmaceutical company with a market cap of 262.27k as of 2022 and a return on equity of -81.22%. The company specializes in the development and commercialization of innovative drugs for the treatment of various diseases and disorders.
Summary
Following a notable sale of shares by one of its directors, Loews’ stock is likely to remain strong due to a strong balance sheet and low debt-to-equity ratio. Its dividend yield has also increased recently. Looking forward, analysts are optimistic that the company’s operations will expand and remain profitable. Loews has a diversified business model with operations in oil and gas, energy, and lodging.
Its energy and oil and gas division account for over half of its overall revenue, and the lodging division has been able to increase its revenue significantly in recent years. The company has a healthy balance sheet with little debt and plenty of cash on hand to finance its operations. Going forward, analysts expect Loews to continue its growth trajectory and increase its dividend.
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