Financial Services / Insurance - Property & Casualty

Loews Corporation (L)

$104.93
+1.06%
$21.3B
Market Cap
13.2
P/E Ratio
0.56
Beta
0.24%
Dividend Yield
Piotroski 7/9Altman Z 0.8 DistressROIC−WACC -4.8%

Quantitative Summary

Deterministic

At 13.2x earnings — a 31% discount to the sector average of 19.2x — L is in the lower valuation range. Strong operational fundamentals (Piotroski 7/9) with Altman Z of 0.8. DCF fair value of $273 implies 148% upside from current prices based on model assumptions.

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

The fundamental economics of Loews Corporation reveal a capital allocation challenge, evidenced by an ROIC-WACC spread of -4.8%, indicating the firm is currently destroying value relative to its cost of equity. Despite this negative spread, earnings per share are supported by high financial leverage rather than operational efficiency; the DuPont decomposition shows that while net margins sit at 9.2% and revenue grows moderately at 5.4%, asset turnover remains low at 0.21x. The strong Piotroski F-Score of 7/9 suggests robust balance sheet health, yet this is counterbalanced by a precarious Altman Z-Score of 0.8, signaling elevated bankruptcy risk that warrants caution despite the company's financial services positioning.

Valuation metrics present a complex divergence between market pricing and intrinsic models. The current P/E of 13.5x trades at a significant discount to the sector average of 18.0x, while DCF analysis implies substantial upside with a fair value estimate of $275, representing a calculated 157.2% premium over current levels based on an assumed long-term free cash flow growth trajectory that currently registers negative at -6.6%. This wide gap suggests the market may be pricing in persistent distress or structural headwinds not yet reflected in the DCF assumptions, creating a scenario where fundamental quality metrics and valuation signals are misaligned.

Risk factors further complicate the investment thesis through conflicting factor exposures and insider activity. The stock exhibits strong value characteristics with a Value Factor (HML) of 0.730 and generates positive Fama-French Alpha of 5.69% annually, suggesting it has historically outperformed its risk-adjusted peer set. However, this alpha is offset by neutral profitability factor exposure (RMW: 0.032) and concerning insider flow data showing $22,773,517 in net selling over the last ninety days. These dynamics indicate that while the stock offers a deep value discount with historical outperformance, recent internal capital distribution and low asset efficiency create significant uncertainty regarding future cash flow execution.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

DCF Sandbox

Interactive
Market Price
$104.93
Fair Value
$279
Implied Upside
+166.3%
$279IMPLIED FAIR VALUEUNDERVALUEDOVERUNDER
Growth Rate (Y1–5)3%
-10%20%50%
Discount Rate (WACC)7.3%
5%12.5%20%

5-year two-stage DCF. Terminal growth 3%. Default sliders match the pre-computed base case. Drag to explore scenarios. Not investment advice.

Reverse DCFMarket-Implied
-6.2%annual FCF growth priced in at $104.93

The growth rate the market implicitly expects over the next 10 years to justify today's price. Compare with historical growth of 5% YoY revenue.

Sensitivity Matrix

TG ↓ / WACC →6%7.3%9.3%
2%$308$223$151
3%$408$273$174
4%$607$354$206

Center = base case. Green = >10% upside, Red = >10% downside vs $104.93.

Pre-computed DCF: WACC=7.3%, terminal growth 3%. Fair value $273 (+148.0%). Not investment advice.

Valuation Context

13.2x
L P/E
19.2x
Sector Avg
12.1x
5Y Avg P/E
-31%
vs Sector

Currently trading 13% above its 5-year average P/E of 12.1x.

Price Chart with Moving Averages

Loading chart...
SMA 50 SMA 200

Technical Setup

AI Generated

Loews Corporation is currently trading at $104.50 within the Financial Services sector, presenting a technical snapshot that requires further context regarding specific moving averages to fully assess trend alignment. Without precise data on which exponential or simple moving averages are being referenced or their exact values relative to this price point, it remains unclear whether the current valuation sits above or below these key dynamic support and resistance levels. Consequently, determining if the asset is in a bullish phase where price action consistently outpaces its average cost basis cannot be definitively established from the limited information provided. Regarding short-term momentum indicators, the Relative Strength Index (RSI) status is unknown due to the absence of specific readings or timeframes associated with this metric. In the absence of an RSI value indicating overbought conditions above 70 or oversold conditions below 30, one cannot ascertain if immediate price volatility suggests a potential reversal or sustained directional movement. The current data point offers only a static valuation figure rather than a dynamic trend analysis that would reveal whether market participants are aggressively accumulating shares or distributing them at this specific level. Ultimately, the technical picture for Loews Corporation relies heavily on additional metrics such as volume trends and precise moving average crossovers to form a complete narrative of price behavior. Until these supplementary data points are available, any interpretation of momentum strength or trend direction remains speculative based solely on the current share price. Market participants would need to monitor how future trading sessions interact with established averages and oscillators to

RSI (14)
SMA 50
SMA 200

Quant Health Deep Dive

7/9
Piotroski F-Score
Strong — high operational efficiency and profitability signals
0.8
Altman Z-Score
Distress Zone — below 1.8 threshold per academic model. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.

Profitability & Value Creation

9.2%
Net Margin
2.5%
ROIC
7.3%
WACC
ROIC − WACC Spread: -4.8%— Negative spread.
+5.4%
Revenue Growth (YoY)
+17.9%
Earnings Growth (YoY)
2.7B
Free Cash Flow
2%
FCF Payout Ratio

✅ Conservative payout — room for dividend increases.

DuPont Analysis — ROE Decomposition

Breaking down Return on Equity to see how the company generates its ROE — efficiency, margins, or leverage.

9.2%
Net Profit Margin
NI ÷ Revenue
×
0.21x
Asset Turnover
Revenue ÷ Assets
×
4.40x
Equity Multiplier
Assets ÷ Equity
=
8.5%
Return on Equity
⚠️ High equity multiplier — ROE is being amplified by leverage, not operational excellence.

Balance Sheet Health

3.40x
Debt / Equity
6.2x
Interest Coverage
2.4x
Net Debt / EBITDA
8.85%
FCF Yield
3.3B
EBITDA

Insider Activity (Last 90 Days)

Net Insider Flow
-$23M
Net Selling
0
Buy Transactions
5
Sale Transactions
2026-03-12TISCH ANDREW HSold 4/8 qtrsSale$11M
2026-03-04TISCH JONATHAN M.Sold 3/8 qtrsOther100,000 shares
2026-02-17SCHWARTZ MARK SSold 2/8 qtrsSale$346,500
2026-02-13TISCH ANDREW HSold 4/8 qtrsSale$11M
2026-02-10BERMAN ANN ESold 8/8 qtrsSale$211,728

Open-market buys vs sells by company insiders. Source: yfinance.

Dividend History

$0.0630
Latest Dividend
$0.25
2025 Total
0.0%
YoY Growth
Annual Dividends per Share
$0.13
2016
$0.25
2017
$0.25
2018
$0.25
2019
$0.25
2020
$0.25
2021
$0.25
2022
$0.25
2023
$0.25
2024
$0.25
2025
$0.13
2026
DateAmountChange
2026-05-27$0.06300.0%
2026-02-25$0.06300.0%
2025-11-26$0.06300.0%
2025-08-20$0.06300.0%
2025-05-28$0.06300.0%
2025-02-26$0.06300.0%
2024-11-27$0.06300.0%
2024-08-21$0.06300.0%
2024-05-29$0.06300.0%
2024-02-20$0.06300.0%
2023-11-21$0.06300.0%
2023-08-15$0.06300.0%
Stock Splits
2006-05-09: 3:12001-03-21: 2:11995-12-04: 2:11985-03-04: 3:11984-04-17: 2.5:1

Dividend and split data from SEC filings and market data. Amounts are per share, not adjusted for splits. Source: yfinance.

Risk Profile

18.5%
Annual Volatility
1.38
Sharpe (1Y)
-12.2%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

Loading drawdown chart...

Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

Loading beta chart...
Rolling Beta Market (β = 1.0)

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this stock's returns.

0.72
Market β
Mkt-RF
-0.335
Size (SMB)
Large-cap tilt
+0.730
Value (HML)
Value tilt
+0.032
Profit (RMW)
Neutral
+0.151
Invest (CMA)
Conservative
Alpha (annual): +5.69%
R²: 45.6%of variance explained by 5 factors

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Fundamentals

35.7
Forward P/E
1.32
PEG Ratio
1.14
Price/Book
737392
Avg Volume
$114.90
52W High
$86.77
52W Low
65%
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$3.4B
Tracked Passive Exposure
8
ETFs Holding L
0.05%
Avg Weight in ETFs
$7.1T
Total ETF AUM

When investors buy or sell ETFs like KIE or VFMV, the fund manager is mechanically forced to buy or sell L shares regardless of Loews Corporation's individual fundamentals. We estimate $3.4B of passive capital is structurally linked to L through 8 tracked ETFs. Index rebalances and ETF creation/redemption cycles can create noticeable volume spikes unrelated to company news.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in Loews Corporation to visualize passive redemption contagion across ETFs and collateral stocks.

L Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
LEpicenterVTIETFVOOETFIVVETFBRK.BUnknownJPMHigh RiskVLow RiskMALow RiskBACHigh Risk
L Price Drop (%)0

If Loews Corporation (L) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies BERKSHIRE HATHAWAY INC CL B (BRK.B) as the most exposed collateral stock, sharing 1 ETFs with L. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 34 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

L Ownership Dynamics

Passive funds hold 1 in every 5 L shares, reducing daily market volatility.

Ticker
L
Total Shares
206M
ETF Lock-Up
20.3%
Display Mode
Total Float Impact
20.3%Locked Float

Loews Corporation (L) exerts notable gravity on the passive index market, currently representing 1.8% of the KIE (KIE) and 1.4% of the VFMV (VFMV). Across 34 tracked ETFs, approximately 42M shares (20.3% of float) are held by passive funds and rarely trade on the open market. This high passive lock-up reduces the effective active float, which can amplify daily price volatility and momentum signals.

Float lock-up computed from 34 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

L Institutional Volume Profile

252-day volume distribution by price level. The Point of Control (POC) marks the price where the most institutional volume transacted — an implicit support/resistance floor.

TICKER
L
PRICE
$104.93
FLOOR (POC)
$105.66
STRENGTH
Medium
$87$896%$90$926%$93$94$966%$97$99$100$101$1037%$1049%$104.93$106POC 10%$1076%$1087%$1107%$111$113$114
Focus Zone
Point of Control (POC) Support (below price) Resistance (above price) Current Price

The highest-volume price zone for Loews Corporation over the past year sits near $105.66 (10% of 252-day volume). The current price of $104.93 sits 0.7% below the POC — suggesting potential mean-reversion upside if institutional demand reasserts at this level.

Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.

L Capital Efficiency

How efficiently does Loews Corporation convert operating profits into free cash? The FCF Conversion ratio measures the gap between accounting earnings and real cash generation.

Free Cash Flow
$2.7B
EBITDA
$3.3B
FCF Conversion
81%
Reinvestment Rate
19%
81% of EBITDA → Free Cash
0% (cash burn)25% (low)50% (efficient)100% (pure cash)
ROIC
2.5%
ROIC − WACC Spread
-4.8%

Loews Corporation converts 81% of its EBITDA into free cash flow, an exceptional conversion rate indicating an asset-light business model with minimal capital reinvestment drag. However, the ROIC-WACC spread is negative (-4.8%), suggesting reinvested capital is destroying shareholder value.

Capital efficiency = Free Cash Flow ÷ EBITDA. Reinvestment = (EBITDA − FCF) ÷ EBITDA. Metrics from latest annual filings. Not investment advice.

Fails-to-Deliver (FTD) History

SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.

DateFailed SharesClose PriceNotional Value
2026-05-131,033$104.39$107,834.87
2026-05-058$105.15$841.2
2026-04-24293$112.42$32,939.06
2026-04-153$110.28$330.84
2026-04-144,426$110.23$487,877.98
2026-04-10225$110.88$24,948
2026-03-263,493$106.40$371,655.2
2026-03-2517$107.14$1,821.38
2026-03-243$106.45$319.35
2026-03-1365,349$108.43$7.1M
2026-03-101,202$109.10$131,138.2
2026-02-06198$110.89$21,956.22
2026-01-2153,651$102.30$5.5M
2026-01-15917$103.60$95,001.2
2025-12-2310$108.08$1,080.8
2025-12-2210$106.58$1,065.8
2025-12-1910$105.86$1,058.6
2025-11-2559,339$107.20$6.4M
2025-10-3033$97.80$3,227.4
2025-10-092$103.05$206.1
2025-10-082$102.99$205.98

Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.

Price Correlations

Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.

Peer252-Day (1Y)126-Day (6M)Direction
WTGXXNaNNaN
HIG0.8060.772High co-movement
CINF0.7870.750High co-movement
TRV0.7370.708High co-movement
WRB0.7020.656High co-movement
ALL0.6690.647Moderate
AFL0.6570.610Moderate
CB0.6570.634Moderate
ACGL0.6500.633Moderate
VRTPX0.5780.391Moderate

Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.

Compare L to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.