Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
NEW YORK (
) hit a new 52-week high Thursday as it is currently trading at $44.81, above its previous 52-week high of $44.78 with 180,447 shares traded as of 10:46 a.m. ET. Average volume has been 1.1 million shares over the past 30 days.
Loews has a market cap of $17.04 billion and is part of the financial sector and insurance industry. Shares are up 9.2% year to date as of the close of trading on Wednesday.
Loews Corporation operates primarily as a commercial property and casualty insurance company. The company operates in four segments: CNA Specialty, CNA Commercial, Life & Group Non-Core, and Other. The company has a P/E ratio of 30.5, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Loews as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
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