Loews Corporation (L) Given News Sentiment Rating of 0.13
News headlines about Loews Corporation (NYSE:L) have trended somewhat positive on Friday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Loews Corporation earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news coverage about the insurance provider an impact score of 47.0507926818129 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Loews Corporation (L) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
- Comparing Loews Corporation (L) & Its Peers (americanbankingnews.com)
- Top 2 Energy Stocks to BUY NOW (wyattresearch.com)
- Kareem Abdul-Jabbar, Robin Roberts, Tisch family honored on Ellis Island (nj.com)
- Loews Corporation : quaterly earnings release (4-traders.com)
A number of equities analysts recently weighed in on L shares. Zacks Investment Research lowered shares of Loews Corporation from a “hold” rating to a “sell” rating in a research report on Friday, July 14th. BidaskClub upgraded shares of Loews Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Finally, ValuEngine lowered shares of Loews Corporation from a “buy” rating to a “hold” rating in a research report on Thursday. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $39.00.
Loews Corporation (NYSE:L) opened at 48.37 on Friday. The company has a 50-day moving average of $47.97 and a 200-day moving average of $47.41. The stock has a market capitalization of $16.28 billion, a price-to-earnings ratio of 14.29 and a beta of 0.71. Loews Corporation has a 52-week low of $40.78 and a 52-week high of $49.58.
Loews Corporation (NYSE:L) last released its quarterly earnings results on Monday, July 31st. The insurance provider reported $0.76 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.76. Loews Corporation had a return on equity of 4.84% and a net margin of 8.44%. The company had revenue of $3.36 billion during the quarter. During the same period in the previous year, the company posted $0.59 EPS. Equities research analysts expect that Loews Corporation will post $2.20 EPS for the current year.
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About Loews Corporation
Loews Corporation is a holding company. The Company, through its subsidiaries, is engaged in commercial property and casualty insurance; operation of offshore oil and gas drilling rigs; transportation and storage of natural gas and natural gas liquids, and operation of a chain of hotels. The Company has five segments consisted of its four individual operating subsidiaries, CNA Financial Corporation (CNA), Diamond Offshore Drilling, Inc (Diamond Offshore), Boardwalk Pipeline Partners, LP (Boardwalk Pipeline) and Loews Hotels Holding Corporation (Loews Hotels), and the Corporate segment.
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