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 (
) -- The ex-dividend date for
) is tomorrow, May 30, 2013. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $45.94 as of 9:30 a.m. ET, the dividend yield is 0.5%.
The average volume for Loews has been 1.1 million shares per day over the past 30 days. Loews has a market cap of $17.87 billion and is part of the financial sector and insurance industry. Shares are up 13.4% year to date as of the close of trading on Tuesday.
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 40.7, 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 good cash flow from operations, increase in stock price during the past year, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
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