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Loews Corporation (L) Fair Value & Analysis

Financial Services · US · Market cap $23.7B

LC Loews Corporation logo Loews Corporation L · US
Price$115.98
Fair Value$105.32
Upside-9.2%
Quality64/100
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Healthy Growth
Thin margins · 8.8% net margin
Low debt · generates free cash flow
0.22% dividend yield
Trails peers (5/15)
Moderate moat 45/100
Evidence: High Range $78.99 – $131.65 Share as image

Fair value as of: Jul 13, 2026

From 24 valuation models · updated 25 days ago

Share price −0.8% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

$119.40 $49.07 Fair Value $105.32 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range $49.07 – $119.40 · fair‑value band $78.99 – $131.65 · the $115.98 price screens above the $105.32 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

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Analysis

Loews Corporation (L) currently trades at $115.98, while our model-based Fair Value estimate is $105.32, implying the stock looks roughly 9.2% fairly valued today. We read business quality at 64/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Loews Corporation generated revenue of $18.5B at a net margin of 8.8%. Revenue grew 1.4% year over year. It earns a return on equity of 9.2%. Net debt stands at $9.0B. Fundamentals as of Jul 13, 2026

Our scenario range runs from $78.99 (bear case) to $131.65 (bull case); at $115.98, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 34% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 8% fair-value upside, at -9%, L screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF $99.04 $144.74 $226.57 80
Residual Income $77.14 $84.15 $118.10 76
Rev-Margin DCF $69.47 $115.68 $174.67 74
All 24 models by family
DCF Models
FCF DCF $93.81 $140.56 $231.71 38
Owner Earnings $44.67 $74.07 $131.39 31
5Y Revenue Exit $69.47 $113.19 $177.76 39
5Y EBITDA Exit $85.04 $139.67 $213.12 41
5Y P/E Exit $76.66 $125.42 $184.63 38
10Y Revenue Exit $74.97 $114.57 $159.20 36
10Y EBITDA Exit $87.29 $132.06 $182.31 37
10Y P/E Exit $82.14 $122.64 $163.69 35
Earnings-Based
Graham-Dodd $55.09 $92.68 $112.82 54
EPV $43.42 $57.09 $69.05 59
Dividend Discount
Gordon GGM $2.32 $2.88 $3.48 70
DDM Multi-Stage $2.32 $3.12 $4.10 61
Multiples
P/E Multiple $121.52 $162.03 $202.53 63
P/S Multiple $103.29 $137.72 $172.15 58
P/B Multiple $103.29 $137.72 $172.15 55
EV/EBIT $111.19 $161.11 $211.04 53
EV/EBITDA $98.48 $144.18 $189.87 54
EV/Revenue $62.37 $105.64 $148.91 43
Asset-Based
NCAV (Graham) $45.41 $60.84 $90.81 50
Growth DCF
Growth DCF $99.04 $144.74 $226.57 80
Rev-Margin DCF $69.47 $115.68 $174.67 74
Economic Profit
Residual Income $77.14 $84.15 $118.10 76
ROIC Compounder $43.42 $57.09 $69.05 72
Growth Earnings
Growth-Adj P/E $85.97 $122.82 $159.66 68

Widest divergence: Multiples ($137.72) versus Dividend Discount ($2.88). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) $18.5B
Revenue growth (YoY) +1.4%
Net margin 8.8%
Return on equity 9.2%
Free cash flow $2.7B FY2025
P/E ratio 13.4
More key figures
Operating margin 11.8%
EPS (TTM) $7.86
Dividend yield 0.2%
EPS growth (YoY) -6.3%
Net debt $9.0B FY2025

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 64/100

Of which business quality 57 · Market factors (momentum, volatility) 76

Profitability 27
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 77
Earnings quality: real cash, not paper profit
Fin. Strength 33
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 98
Calm price path (market factor)
Momentum 59
Price trend over the last 3–12 months (market factor)
52W Momentum 78
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Loews Corporation, through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally.

Full company description

Loews Corporation, through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally. The company offers specialty insurance products, such as management and professional liability and other coverage products; surety and fidelity bonds; professional liability coverages and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; standard and excess property, marine and boiler, machinery coverages, workers' compensation, general and product liability, commercial auto, umbrella, excess and surplus coverages, specialized loss-sensitive insurance programs, total risk management services relating to claim and information services; directors and officers, errors and omissions, employment practices, fiduciary, fidelity, and cyber coverages, as well as for small and mid-size firms, public and privately held firms, and not-for-profit organizations; and insurance products to serve the health care industry, including professional and general liability, as well as associated casualty coverage to aging services, allied medical facilities, dentists, physicians, nurses, and other medical practitioners. It also provides warranty and alternative risk, and run-off long-term care insurance products; ethane supply and transportation services for petrochemical customers, as well as transports and stores natural gas and natural gas liquids; operates a chain of hotels; develops, manufactures, and markets a range of extrusion blow-molded and injection molded plastic containers; and manufactures commodities and differentiated plastic resins. The company markets its insurance products and services through a network of retail and wholesale brokers, independent agents, brokers, and managing general underwriters. Loews Corporation was incorporated in 1969 and is headquartered in New York, New York.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Loews Corporation reported revenue of $18.2B in FY2025 versus $13.7B in FY2021, a compound +7.3%/yr. Reported net income was $1.7B in FY2025, compounding +1.6%/yr from FY2021.

Growth Quality 71/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
$18.2B
Latest YoY
+5.4%
Avg. growth/yr (3Y)
+9.0%
Avg. growth/yr (5Y)
+5.9%
Avg. growth/yr (40Y)
+2.7%
Revenue +7.3%/yr
FY21 $13.7B
FY22 $14.1B
FY23 $15.7B
FY24 $17.2B
FY25 $18.2B
Net income +1.6%/yr
FY21 $1.6B
FY22 $822M
FY23 $1.4B
FY24 $1.4B
FY25 $1.7B

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Cite: Fair Value Calculator (2026). "Loews Corporation Fair Value". https://www.fairvalue-calculator.com/stock/L

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Insurance - Property & Casualty · 120 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 65 · Above median
Fair Value upside −9% · Below median
Return on equity (TTM) 9% · Below median
Return on assets 2% · Below median
Net margin (TTM) 9% · Above median
Operating margin (TTM) 12% · Above median
Revenue growth 1% · Below median
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.45× · Higher than 75% of peers

Valuation Multiples vs Insurance - Property & Casualty median · lower = cheaper

P/E (TTM) 14.6× · Pricier than median
P/B 1.27× · Cheaper than median
P/S (TTM) 1.28× · Pricier than median
P/FCF 8.8× · Pricier than median
EV/EBITDA 9.9× · Pricier than median
PEG 1.32× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 21 · sector 41
FUTURE 7 · sector 31
PAST 37 · sector 56
HEALTH 77 · sector 92
DIVIDEND 4 · sector 48

Insider activity: 42/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Insurance - Property & Casualty stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
The Progressive Corporation PGR $234.48 $252.50 +8%
Chubb Limited CB $337.44 $345.56 +2%
The Travelers Companies, Inc TRV $368.98 $384.42 +4%
The Allstate Corporation ALL $251.61 $503.22 +100%
The People's Insurance Company 601319 ¥7.06 ¥13.71 +94%
Intact Financial Corporation IFC C$294.02 C$247.44 -16%
Fairfax Financial Holdings FFH C$2,327 C$3,252 +40%
QBE Insurance Group QBE A$25.47 A$19.42 -24%
Samsung Fire & Marine Insurance Co 000810 648,000 KRW 658,771 KRW +2%
Powszechny Zaklad Ubezpieczen SA PZU 69.80 PLN 100.85 PLN +44%

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Frequently asked questions

Is Loews Corporation (L) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of $105.32 versus a price of $115.98, about −9% (fairly valued).
What is the fair value of L?
Our model-based fair value for Loews Corporation is $105.32 (as of Jul 13, 2026), built from audited fundamentals. The current price is $115.98.
What is the quality score of L?
Loews Corporation has a Quality Score of 64/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Loews Corporation (L)?
Loews Corporation reported trailing-twelve-month revenue of about $18.5B (latest available figure, as of Jul 13, 2026).
What is the net profit margin of L?
The net profit margin of Loews Corporation is about 8.8%, meaning it keeps roughly 8.8% of revenue as net income. Based on the latest reported figures.
Does Loews Corporation pay a dividend?
Loews Corporation currently shows a dividend yield of about 0.24% relative to its recent price (as of Jul 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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