Loews stock hits all-time high of 97.44 USD

Published 04/09/2025, 14:32
Loews stock hits all-time high of 97.44 USD

Loews Corp stock reached an all-time high of 97.44 USD, reflecting a strong performance over the past year. With an InvestingPro Financial Health Score of "GREAT" and historically low price volatility (Beta 0.69), the company demonstrates remarkable stability. The company has experienced a significant 1-year change, with its stock price increasing by 19.75%. This milestone underscores the company’s robust growth and investor confidence, supported by strong fundamentals including a healthy 36% gross profit margin and consistent dividend payments for 55 consecutive years. According to InvestingPro analysis, Loews appears undervalued at current levels, suggesting potential upside ahead. The achievement of this all-time high highlights the stock’s upward trajectory and positions the company favorably among its peers.

In other recent news, Loews Corporation reported a 6% increase in its second-quarter net income, reaching $391 million, or $1.87 per share, compared to $369 million, or $1.67 per share, in the same period last year. The company’s revenue for the quarter rose to $4.56 billion. Additionally, Loews Corporation declared a quarterly dividend of $0.0625 per share, payable on September 2, 2025, to shareholders of record as of August 20, 2025. In corporate governance developments, Loews announced the election of Jennifer VanBelle to its board of directors. VanBelle, who brings over 25 years of experience from General Electric Company, will also serve on the company’s Audit Committee. These recent developments highlight Loews Corporation’s ongoing strategic and financial activities.

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