---
title: Loews (L) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/l
ticker: L
as_of: 2026-10-17
sector: Financial Services
industry: Insurance - Property & Casualty
---
# Loews (L)

Loews (L) closed at $110.52 on Oct 16, 2026, overvalued by 70% vs its model value of $64.91 (from the justified price to book).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $110.52 (Oct 16, 2026) |
| Model value (from the justified price to book) | $64.91 |
| Price vs model | overvalued by 70% vs model |
| Range of that model | $56.80 – $75.73 |
| Market value | $22.6B |
| P/E (fiscal 2025) | 13.9 |
| Net margin (fiscal 2025) | 9.2% |
| Free cash flow (fiscal 2025) | $2.7B |
| Dividend yield (trailing twelve months) | 0.23% |
| Beta | 0.50 |
| Cost of capital (WACC) | 6.70% |
| Business classification | Mature & Stable (Moderate growth (~16% recent), High profitability (53% net margin), Highly cyclical earnings, Strong FCF yield (12.0%)) |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 0.23% |
| Dividends per share, last 12 months | $0.25 |
| Dividends / earnings (fiscal 2025) | 3.1% |
| Raised | — |
| Growth over 5 years | 0.0% a year |
| Latest payment | $0.0625, ex-date Aug 19, 2026, paid Sep 1, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Aug 17, 2021 | $0.25 |
| To Aug 16, 2022 | $0.25 |
| To Aug 15, 2023 | $0.25 |
| To Aug 21, 2024 | $0.25 |
| To Aug 20, 2025 | $0.25 |
| Trailing twelve months (to Aug 19, 2026) | $0.25 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| P/B · justified | primary | $64.91 | $56.80 | $75.73 |
| P/E · peers | cross check | $0.00 | $0.00 | $0.00 |
| P/E · own history | cross check | $106.90 | $94.28 | $114.07 |
| PEG | sanity check | $199.25 | $199.25 | $199.25 |
| Dividend discount | cross check | $4.64 | $3.30 | $8.62 |

## Insider activity (SEC Form 4)

No open-market insider buys or sales filed in the past 90 days.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Sep 30, 2026 | TISCH JAMES S | Director | Grant / award | 237 | $0 |
| Sep 30, 2026 | VanBelle Jennifer | Director | Grant / award | 237 | $0 |
| Sep 30, 2026 | Robusto Dino | Director | Grant / award | 237 | $0 |
| Sep 30, 2026 | Peters Susan | Director | Grant / award | 237 | $0 |
| Sep 30, 2026 | Locker Jonathan C | Director | Grant / award | 237 | $0 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Aug 3, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/60086/000006008626000047/l-20260630.htm |
| Aug 3, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/60086/000006008626000045/l-20260803.htm |
| May 12, 2026 | 8-K | 5.07 Submission of Matters to a Shareholder Vote; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/60086/000006008626000037/l-20260512.htm |
| May 4, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/60086/000006008626000032/l-20260331.htm |
| May 4, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/60086/000006008626000029/l-20260504.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Christopher Davis | 2026-06-30 | 545,211 | $61.7M |

1 tracked managers in all.

## About

Loews Corporation functions as a diversified holding company, with significant business segments spanning insurance, energy infrastructure, hospitality, and manufacturing. Its insurance division delivers commercial property and casualty coverage to clients both within the United States and internationally. This segment offers a comprehensive array of products, including specialized options such as professional and management liability, along with surety and fidelity bonds. Property insurance solutions encompass general property, marine risks, and boiler and machinery protection. For casualty needs, Loews provides workers' compensation, general and product liability, and commercial automobile and umbrella policies. Additionally, the company furnishes supplementary services like loss-sensitive insurance programs, warranty services, risk management consulting, information resources, and cla…

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Source: https://sweetvaluelab.com/stocks/l (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.