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what it is
Loews is a parent company with 4 main businesses and about 12,280 employees.
how it gets paid
Last year Loews made $3.2B in revenue.
why it's growing
Loews parent-level revenue grew ~9.7% last year on the ~$3.2B line shown here. Do not mix that with CNA’s much larger consolidated insurance revenue — different reporting scope.
what just happened
Loews beat by 2.11%, but the latest-quarter EPS figures do not match across feeds.
At a glance
A balance sheet — strong enough to weather a downturn
25/100 earnings predictability — expect surprises
12.1x trailing p/e — the market's not buying it — or you found a deal
0.2% dividend yield — cash in your pocket every quarter
11.0% return on capital — nothing to write home about
xvary composite: 74/100 — average
What they do
Loews is a parent company with 4 main businesses and about 12,280 employees.
Loews wins by owning 4 different cash engines, not one. It controls 89% of CNA and 51% of Diamond Offshore, so your bet is split across insurance and energy. Holding company → parent that owns other companies → so what: one bad quarter at a subsidiary does not end the story.
How they make money
$3.2B
annual revenue · their business grew +9.7% last year
total revenue
$3.2B
+9.7%
The products that matter
majority-owned insurer
CNA Financial
89% owned
This is the core asset. At 89% ownership, insurance results flow straight into the Loews story whether the market wants to think of this as an insurer or not.
core holding
energy and drilling exposure
Boardwalk Pipelines & Diamond Offshore
energy & drilling
This is where the quarter gets more cyclical. The offshore driller is 51% owned, and the latest 34% EPS jump was driven by the energy pieces rather than by insurance doing something dramatic.
cyclical swing factor
hotel ownership
Loews Hotels
18 locations
Eighteen hotels are real assets, but they are not the center of a $21B equity story. Think of this as optionality and ballast, not the reason the stock works.
side business
Key numbers
$102.49
share price
You pay $102.49 for one share. That is below the $117 18-month target and well below the $215 three-year target.
12.1x
trailing p/e
P/E → price divided by earnings → so what: you pay 12.1 years of last year's profit, which is modest for a company with an A-rated balance sheet.
$8.4B
debt
Debt → borrowed money → so what: every 1% refinancing step-up adds about $84M in annual interest.
11.0%
return on capital
Return on capital → profit from invested money → so what: Loews earns 11 cents for every dollar it puts to work.
Financial health
A
strength
- balance sheet grade A — very strong financial position
- risk rank 1 — safer than 95% of stocks
- price stability 100 / 100
- long-term debt $8.4B (28% of capital)
- net profit margin 13.0% — keeps 13 cents of every dollar in revenue
- return on equity 15% — $0.15 profit for every $1 investors have put in
A — among the top-rated companies for balance sheet quality.
Total return vs. market
You invested $10,000 in L 3 years ago → it's now worth $17,190.
The index would have given you $14,770.
source: institutional data · total return
What just happened
beat estimates
Loews beat by 2.11%, but the latest-quarter EPS figures do not match across feeds.
Parent-level revenue is ~$3.2B for the year on this page, so a single quarter scales to roughly ~$0.8B (~one-fourth). Yahoo’s ~$1.94 actual versus ~$1.90 expected is the clean quarter EPS compare — ignore the $6.03 line that mixes consolidated subsidiaries into one feed field.
~$0.8B
revenue (q)
~$1.94
eps (q)
2.11%
surprise
the number that mattered
~2.1% beat versus the ~$1.90 estimate on Yahoo’s quarter tape — that is the apples-to-apples check while subsidiary consolidation scrambles other fields.
-
loews corp.’s top- and bottom-line results ought to continue to advance.
-
the top line likely increased 5% to $18.4 billion in 2025 (CNA / consolidated subsidiary scope — not the ~$3.2B Loews parent revenue line on this page).
-
this year, we predict another gain of 5% to $19.4 billion on that same consolidated insurance scope, assuming demand grows.
-
the bottom line probably expanded 33% to $8.50 a share, in 2025.
-
this year, we estimate share earnings will rise by a smaller 12% to $9.50, as stronger operating leverage should lead to greater profitability.
source: company earnings report, 2026
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What could go wrong
The top risk is capital allocation inside a complicated holding company. You are trusting management to juggle insurance, energy, and hotels without letting one bad cycle or one bad decision contaminate the whole story.
med
cna underwriting or reserve pressure
Loews owns 89% of CNA Financial. If insurance pricing or reserve assumptions move the wrong way, the parent does not get to pretend it is someone else’s problem.
Impact: the biggest asset in the portfolio would stop acting like the stabilizer and start acting like the source of the drawdown.
med
energy exposure cuts both ways
The latest quarter’s 34% EPS jump was driven by the energy segments. That is good when conditions cooperate. It also means earnings can look less predictable than a risk rank of 1 suggests.
Impact: if energy stops helping, the jump from $8.50 to $9.50 in EPS becomes harder to reach.
med
conglomerate discount stays a feature, not a bug
The page itself shows the problem: $3.2B in annual revenue in one place and a $19B forward revenue estimate in another. When the structure is hard to read, the market usually pays less for it.
Impact: even decent execution can leave the stock stuck near a low-teens earnings multiple.
The stock looks conservative because the balance sheet is strong. The earnings stream is less conservative than that label suggests.
source: institutional data · regulatory filings · risk analysis
Pay attention to
valuation
12.1x earnings only works if the earnings hold
A low multiple is the setup. It is not the thesis. Watch whether EPS keeps moving toward the $9.50 estimate without relying on one unusually strong energy quarter.
earnings
the next comparison against $2.43 EPS
That latest quarter reset expectations. If the next print comes in far below that pace, investors will remember how low the 25/100 predictability score really is.
risk
whether cna stays the anchor
At 89% ownership, CNA is not just another holding. It is the balance point between this stock feeling defensive and this stock feeling cyclical.
structure
which revenue view the market trusts
This page shows $3.2B of annual revenue and a $19B forward estimate. That tells you the market will keep focusing on asset mix and earnings quality more than on any one sales figure.
Analyst rankings
short-term outlook
average
outlook rank 3 — in human-speak, analysts think this should behave roughly like the market, not dramatically better or worse.
risk profile
safest 5%
risk rank 1 — lower risk of permanent capital damage than almost any stock in the universe.
chart momentum
top 20%
momentum rank 2 — the stock has been acting better than most, even if the business itself still reads like a filing cabinet.
earnings predictability
25 / 100
Only 25 out of 100. Translation: the asset mix makes quarterly earnings harder to model than the risk rank would imply.
source: institutional data
Institutional activity
institutions have been net buying for 2 consecutive quarters — 313 buyers vs. 275 sellers in 3q2025. total institutional holdings: 0.1B shares. net buying for 2 quarters.
source: institutional data
Price targets
3-5 year target range
$88
$145
$102
current price
$117
target midpoint · +14% from current · 3-5yr high: $215 (+110% · 21% ann'l return)
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