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How to Buy Loews Stock

Loews Corp

Loews is a property & casualty insurance company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker L on the NYSE exchange.

Loews stock last closed at $76.20, up 1.32% from the previous day, and has increased 31.18% in one year. It has overperformed other stocks in the Insurance - Property & Casualty industry by 0.07 percentage points. Loews stock is currently +32.59% from its 52-week low of $57.47, and -2.99% from its 52-week high of $78.55.

As of Jun 18, 2024, there are 221.41M L shares outstanding. The market cap of L is $16.87B. In the last 24 hours, 649,449 L shares were traded.

How to Buy Loews Stock

Not sure how to invest in Loews stock? Here's how.
  1. Figure out where to buy Loews stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Loews stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Choose your method of payment and add your info.
  4. Evaluate Loews stock: The Loews ticker symbol is L. Is Loews stock a good investment? Should you buy shares of L? How do L's underlying business fundamentals look? Do top analysts think Loews is a good buy? Why has L's stock price moved recently? (Hint: Our stock research website can help you evaluate if L is a good stock to buy).
  5. Execute your L purchase: Decide if you will purchase L shares at the current market price or use a limit order to buy L shares at a given price.
  6. Keep an eye on your L investment: Create a watchlist to keep track of your position in Loews shares.

Step 1: Figure out where to buy Loews stock

You need an online brokerage account in order to access the NYSE market and buy L stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal information so you can buy L stock today.

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  2. Input your personal info to create a new brokerage account.
  1. Send your details by clicking the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you have created your account on the stocks app, you need to deposit funds:

Watch the walkthrough below if you need help transferring money into your brokerage account.

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Step 4: Evaluate Loews stock

After you have decided on the best place to buy Loews stock, it's important to research their stock prior to investing, so you truly wrap your head around the risk as well as the opportunity.

Overview of key L info

L Price
$76.20
1w %
2.74%
1y %
31.18%
5y %
42.72%
P/E
11.32x
P/B
1.04x
P/S
1.04x
PEG
0.67x
Revenue
$16.35B
Earnings
$1.52B
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$16.87B
Next Earnings
Jul 29, 2024
Next Dividend
N/A

L Overview

WallStreetZen was built to help average investors do better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on L's stock page.

Is L stock undervalued or overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge L's true value.

Using relative valuations measures:

  • L could be undervalued based on its P/E ratio of 11.32x, relative to Insurance - Property & Casualty industry P/E ratio of 17.06x
  • L may be undervalued based on its P/B ratio of 1.04x, relative to Insurance - Property & Casualty industry P/B ratio of 2.16x
  • L may be undervalued based on its PEG ratio of 0.67x

You can do additional valuation analysis on L's stock here.

A quick look at L Financials

Passed Financial Due Diligence Checks:

  • L profit margin has gone up from 6.1% to 9.3% in the past year.
  • L's operating cash flow of $3.39B allows it to safely service it's debt of $10.10B.
  • L earnings of $2.38B is not enough to cover its interest payments.

Failed Financial Due Diligence Checks:

  • L has a relatively high debt to equity ratio of 3.95.
  • Total L debt is higher than 5 years ago, relative to shareholder equity.

L Technical Indicators

SMA10
74.87
SMA20
75.07
SMA50
75.63
SMA100
75.37
SMA200
71.07
MACD
-0.29
MACD Signal
-0.35
MACD Histogram
0.06
RSI
54.72
Stochastic %K
49.44
Stochastic %D
35.98
StochRSI %K
60.63
StochRSI %D
41.33

Is L Growing Revenue?

Last year, L earnings were $1.52B. During the last 5 year, L's earnings have grown by 23.32% per year. This was faster than the Insurance - Property & Casualty industry average of 18.92%.

Last year, L revenue was $16.35B. In the last 5 year, L's revenue has grown by 2.8% per year. This was slower than the Insurance - Property & Casualty industry average of 11.24%.

Find out more about L's earnings and revenue performance here.

Latest Insiders Trades at L

In the last year, insiders at L have sold more shares than they have bought.

Ann E. Berman, Director of L, was the latest L insider to sell. They sold $98,571.33 worth of L shares on Jun 3, 2024.

Dig into more about who owns L stock here.

Can I rely on L as an income stream?

Loews pays a dividend of 0.32%, compared to the Insurance - Property & Casualty industry's average dividend yield of 2.66%. If you owned $1,000 of L stock, you would have received $3.25 last year.

Loews dividend payments have not consistently grown over the past decade but have remained stable.

Get more info about Loews dividend yield and history here.

What do other traders have to say about L?

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Execute your L purchase

You have two primary options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at an exact price limit, use a limit order.

Click the Open button and your broker will execute the order.

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Step 6: Keep an eye on your L investment

Now that you own some L shares, you'll want to stay up-to-date on your shares.

Make a watchlist to track your L stock.

L Feed

How to Buy Stock in Loews

To reiterate, here are the 6 steps you need to take to buy Loews stock right now:

  1. Figure out where to buy Loews stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Loews stock
  5. Execute your L purchase
  6. Keep an eye on your L investment

If you are looking for a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your investment in Loews, create a watchlist today.

NYSE: L
$76.20+0.99 (+1.32%)
Updated Jun 18, 2024
Open eToro Account
NYSE: L
$76.20+0.99 (+1.32%)
Updated Jun 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Loews share?

As of Jun 18, 2024, it costs $76.20 to buy one share of Loews stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.131 shares of L.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Loews stock?

One way to place an order for Loews stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.