Profile
Sector:
Financial ServicesIndustry:
Insurance - Property & CasualtyCountry:
United StatesIPO:
17 March 1980Website:
http://www.loews.comNext earnings report:
31 July 2024Last dividends:
29 May 2024Next dividends:
N/APrice
regular market | 10 min agoAnalysts recommendations
Institutional Ownership
L Latest News
Jonathan Tisch, Loews Hotels executive chairman and New York Giants co-owner, joins 'Squawk on the Street' to discuss the executive chairman's thoughts on consumer spending, the company's hotel in Texas, and the trend for corporate travel.
Loews (NYSE:L) has reported a strong recovery in third-quarter revenue and earnings, supported by its insurance business and higher investment income. The conglomerate grew revenue to $3.93 billion for the three months to September 30, 2023, up from $3.46 billion in 3Q 2022.
The move to share repurchases over the last few years has made the price-to-book ratio less reliable for finding hidden opportunities in stocks. How's that, you ask?
CNBC's Sara Eisen sits down with Jonathan Tisch, Loews Hotels CEO and co-owner of the New York Giants, discussing the hotel industry's state, the summer travel demand, and more.
Loblaw Companies Limited (OTCPK:LBLCF) Q1 2023 Earnings Conference Call May 3, 2023 10:00 AM ET Company Participants Roy MacDonald - VP of IR Richard Dufresne - CFO Galen Weston - CEO Conference Call Participants George Doumet - Scotiabank Irene Nattel - RBC Capital Markets Michael Van Aelst - TD Mark Petrie - CIBC Peter Sklar - BMO Capital Markets Chris Li - Desjardins Vishal Shreedhar - National Bank Operator Good morning, ladies and gentlemen, and welcome to the Loblaw Companies Limited First Quarter 2023 Results Conference Call. At this time, all lines are in a listen-only mode.
Insurance companies like Progressive NYSE: PGR, Allstate Insurance NYSE: ALL, and even American International Group NYSE: AIG are, by their very nature, heavily dependent on the volumes of policy issues and the premiums collected upon said premiums. So Warren Buffett had a brilliant idea when he bought a significant stake in Geico Insurance to diversify the company's float (the accumulated cash collected from insurance premiums) and invest it into higher-performing vehicles instead of just money.
What type of business is Loews?
Loews Corporation is a large diversified holding company, whose subsidiaries are engaged in various activities: insurance, drilling services, natural gas transportation and storage, hotel business, and packaging production. Loews was registered in 1969 and is headquartered in New York. Loews' subsidiaries include: - CNA Financial Corp. - an insurance holding company. - Diamond Offshore Drilling, Inc. - provides contract drilling services to the energy industry worldwide. - Boardwalk Pipeline Partners, LP - involved in natural gas and liquefied gas transportation and storage. - Loews Hotels Holding Corporation - manages a network of hotels. - Altium Packaging LLC - a manufacturer and supplier of packaging solutions in North America.
What sector is Loews in?
Loews is in the Financial Services sector
What industry is Loews in?
Loews is in the Insurance - Property & Casualty industry
What country is Loews from?
Loews is headquartered in United States
When did Loews go public?
Loews initial public offering (IPO) was on 17 March 1980
What is Loews website?
https://www.loews.com
Is Loews in the S&P 500?
Yes, Loews is included in the S&P 500 index
Is Loews in the NASDAQ 100?
No, Loews is not included in the NASDAQ 100 index
Is Loews in the Dow Jones?
No, Loews is not included in the Dow Jones index
When does Loews report earnings?
The next expected earnings date for Loews is 31 July 2024