New insider activity at Loews ( (L) ) has taken place on February 27, 2025.
Senior Vice President Richard Waldo Scott has recently sold 8,149 shares of Loews stock, amounting to a total transaction value of $689,405.
Recent Updates on L stock
Loews Corporation recently announced its Q4 2024 earnings, reporting a net income of $187 million for the quarter and $1,414 million for the full year. The company executed share repurchases totaling 7.7 million shares for $611 million. CNA Financial’s income was impacted by a significant pension settlement charge, while Boardwalk Pipelines showed improved results due to increased revenues from higher re-contracting rates and growth projects. Loews Hotels experienced a decline in income due to increased expenses from opening a new hotel. The company’s book value per share increased from $81.92 to $88.18, driven by strong operational performance and share repurchases. Loews remains focused on leveraging its diversified portfolio to sustain growth despite challenging economic conditions. The announcement of a new compensation package for CEO Benjamin J. Tisch and other executives aims to incentivize shareholder value creation through special stock appreciation rights.
More about Loews
YTD Price Performance: 0.99%
Average Trading Volume: 754,956
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $18.09B