Loews Corporation operates as a commercial property and casualty insurance company primarily in the United States. The company offers management and professional liability insurance and risk management services, and other specialized property and casualty coverages. The company was founded in 1954 and is based in New York, New York.
L Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for L, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Loews Corp ranked in the 39th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 21.5%. As for the metrics that stood out in our discounted cash flow analysis of Loews Corp, consider:
Loews Corp's weighted average cost of capital (WACC) is 14%; for context, that number is higher than 86.51% of tickers in our DCF set.
Loews Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -1.53. This coverage rate is greater than that of merely 19.01% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Loews Corp experienced a tax rate of about 21% over the past twelve months; relative to its sector (Financial Services), this tax rate is higher than 83.79% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Loews Corp? See BX, BGCP, AON, SEIC, and WDR.
Loews Hotels & Co, a wholly owned subsidiary of Loews ([[L]] +1.6%), announced that Alex Tisch will assume the role of President; will continue to lead the commercial, acquisitions & development, and the Loews Hotels at Universal Orlando Resort teams.Tisch joined Loews Hotels & Co in June 2017 from Loews, where he served as...
NEW YORK, Sept. 16, 2020 /PRNewswire/ -- Loews Hotels & Co, a wholly owned subsidiary of Loews Corporation (NYSE: L), announced today that Alex Tisch will assume the role of President. In his new role, Tisch will work closely with Jonathan Tisch, Chairman and Chief Executive Officer of…
Loews Corporation (L) declares $0.0625/share quarterly dividend, in line with previous.Forward yield 0.70%Payable Sept. 1; for shareholders of record Aug. 19; ex-div Aug. 18.See L Dividend Scorecard, Yield Chart, & Dividend Growth....
Loews Corporation (NYSE: L) will report second quarter 2020 financial results on Monday, August 3, 2020. The conference call for investors will begin at 10:00 a.m. ET and will be hosted by the Company's chief executive officer, James S. Tisch, and chief financial officer, David B. Edelson.
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]