Loews Corporation has demonstrated a fluctuating performance in the stock market with some days seeing performance that outperforms competitors and other days underperforming. A strong showing in the third quarter of 2024 with $401 million net income was reported. Institutional ownership stands at 60%. The company has reported strong earnings backed up by CNA Financial and Boardwalk Pipelines. However, muted earnings remain a concern. Loews has appointed Benjamin Tisch as the new CEO. Insiders seem to be reducing their positions as stories of stock sales by executives have been reported. However, despite net daily losses, the company's stocks often outperform its competitors. The corporation recently announced a quarterly dividend on common stock and witnessed strong second quarter performance under the leadership of then-CEO James Tisch. Over the past week, the company's shares have increased by 3.1% impressing large institutional owners. Those who invested in the company five years back would have witnessed a 75% gain. The company appears to be undervalued, with strong emphasis on being a 'key addition' to any retirement portfolio despite the broad market being perceived as expensive.
Loews Corporation L News Analytics from Tue, 21 Nov 2017 08:00:00 GMT to Fri, 17 Jan 2025 09:30:15 GMT -
Rating -2
- Innovation -4
- Information 7
- Rumor -5
