Loews Corp (NYSE: L) Has Fallen -5.17% From Its Highs, What Comes Next?

IPW

Loews Corp (NYSE:L)’s traded shares stood at 0.74 million during the last session, with the company’s beta value hitting 0.71. At the close of trading, the stock’s price was $87.88, to imply an increase of 0.33% or $0.29 in intraday trading. The L share’s 52-week high remains $92.42, putting it -5.17% down since that peak but still an impressive 16.76% since price per share fell to its 52-week low of $73.15.

Analysts have given a consensus recommendation of Buy for Loews Corp (L), translating to a mean rating of 3.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give L a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy.

Loews Corp (NYSE:L) trade information

After registering a 0.33% upside in the last session, Loews Corp (L) has traded red over the past five days. The 5-day price performance for the stock is -1.69%, and 1.90% over 30 days. With these gigs, the year-to-date price performance is 3.77%.

L Dividends

Loews Corp has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Loews Corp has a forward dividend ratio of 0.25, with the share yield ticking at 0.28% to continue the rising pattern observed over the past year.

The next major institution holding the largest number of shares is BLACKROCK INC. with 14.83 million shares, or about 6.6976% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.11 billion.

We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Loews Corp (L) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 5.73 shares. This is just over 2.73% of the total shares, with a market valuation of $503.49 million. Data from the same date shows that the other fund manager holds a little less at 4.89, or 2.33% of the shares, all valued at about 430.01 million.

Marketing Sentinel
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.