MARKET COMPOSITE
L - Loews Corp.8:00:02 PM 4/25/2024
Price
$76.41
-0.40 (-0.52%)
Loews Corporation is an American conglomerate headquartered in New York City. The company's majority-stake holdings include CNA Financial Corporation, Diamond Offshore Drilling, Boardwalk Pipeline Partners, Loews Hotels and Altium Packaging. The corporation positions itself as a value investor with a long-term focus. In recent years, Loews has also allocated significant capital for share buybacks. In the three years ended December 31, 2012, Loews spent $1.3 billion repurchasing shares. Between 1971 and 2020, the corporation reduced its shares outstanding from 1.3 billion shares to 291 million shares.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue700MM+30%
Operating Income613MM+72%
Operating Expenses87MM-
Net Income446MM+76%
Interest Expense96MM+2%
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