Walter Harris - Loews Corp Independent Director

L Stock  USD 73.84  0.70  0.96%   

Director

Mr. Walter L. Harris is an Independent Director of the Company. He is the President and Chief Executive Officer of FOJP Service Corporationrationration, a provider of risk management services to hospitals, longterm care facilities and social service agencies in New York City, and Hospitals Insurance Company, a provider of insurance coverages and services to hospitals, longterm care facilities, physicians and healthcare professionals in New York State. Prior to that, Mr. Harris was an independent consultant, and from December 2010 until June 2013, he was Vice Chairman of Alliant Insurance Services, Inc. and President of its whollyowned subsidiary, TH Group, Inc., an insurance brokerage firm. EXPERIENCE Mr. Harris has extensive experience and knowledge regarding the commercial insurance industry, which is particularly valuable to our Board in light of Loewss significant interest in the insurance industry as represented by one of our principal subsidiaries, CNA. since 2004.
Age 69
Tenure 20 years
Address 9 West 57th Street, New York, NY, United States, 10019-2714
Phone212 521 2000
Webhttps://www.loews.com

Loews Corp Management Efficiency

The company has return on total asset of 0.0183 % which means that for every 100 dollars spent on assets, it generated a profit of $0.0183. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0974 %, implying that it made 0.0974 on every $100 invested by shareholders. Loews Corp's management efficiency ratios could be used to measure how well Loews Corp manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is expected to rise to 0.10 this year, although the value of Return On Tangible Assets will most likely fall to 0.02. At this time, Loews Corp's Other Assets are quite stable compared to the past year. Net Tangible Assets is expected to rise to about 14.1 B this year, although the value of Non Current Assets Total will most likely fall to about 89.3 M.
The company has accumulated 9 B in total debt with debt to equity ratio (D/E) of 0.63, which looks OK as compared to the sector. Loews Corp has a current ratio of 0.45, which means it has a negative working capital and may have difficulties to pay out interest payments when they become due. Debt can assist Loews Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Loews Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Loews Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Loews to invest in growth at high rates of return. When we think about Loews Corp's use of debt, we should always consider it together with cash and equity.

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Loews Corporation provides commercial property and casualty insurance in the United States and internationally. Loews Corporation was incorporated in 1969 and is headquartered in New York, New York. Loews Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 10340 people. Loews Corp (L) is traded on New York Stock Exchange in USA. It is located in 9 West 57th Street, New York, NY, United States, 10019-2714 and employs 12,280 people. Loews Corp is listed under Multi-line Insurance category by Fama And French industry classification.

Management Performance

Loews Corp Leadership Team

Elected by the shareholders, the Loews Corp's board of directors comprises two types of representatives: Loews Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Loews. The board's role is to monitor Loews Corp's management team and ensure that shareholders' interests are well served. Loews Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Loews Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew Tisch, Co-Chairman, Member of the Office of the President, Chairman of Executive Committee, Member of Fin. Committee and Chairman of Bulova
Mark Schwartz, Chief VP
Philip Laskawy, Independent Director
Ira Altman, Vice Resources
Jonathan Tisch, Co-Chairman, Member of the Office of the President, Member of Executive Committee and Chairman of Loews Hotels
Susan Peters, Independent Director
Joseph Bower, Independent Director
Marc Alpert, Senior Vice President General Counsel, Secretary
David Edelson, Senior Vice President and Chief Financial Officer
Benjamin Tisch, Senior Strategy
James Tisch, CEO and President Member of Office of the President, Director, Member of Executive Committee, Member of Fin. Committee, Chairman of Diamond Offshore and Director of CNA
Kenneth Miller, Independent Director
Charles Diker, Independent Director
Anthony Welters, Independent Director
Jacob Frenkel, Independent Director
Richard Scott, Senior Vice President and Chief Investment Officer
Marc JD, General VP
Ann Berman, Independent Director
Alexander Tisch, President Co
Peter Keegan, Senior President
Charles Davidson, Independent Director
Walter Harris, Independent Director
Paul Fribourg, Lead Director, Independent Director
Lawrence Bacow, Independent Director
Jane Wang, Senior CFO
Kenneth Siegel, Senior Vice President
Gary Garson, Senior Vice President General Counsel, Secretary

Loews Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Loews Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Loews Corp is a strong investment it is important to analyze Loews Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Loews Corp's future performance. For an informed investment choice regarding Loews Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loews Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Loews Stock please use our How to buy in Loews Stock guide.
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When running Loews Corp's price analysis, check to measure Loews Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Loews Corp is operating at the current time. Most of Loews Corp's value examination focuses on studying past and present price action to predict the probability of Loews Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loews Corp's price. Additionally, you may evaluate how the addition of Loews Corp to your portfolios can decrease your overall portfolio volatility.
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Is Loews Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Loews Corp. If investors know Loews will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Loews Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.334
Dividend Share
0.25
Earnings Share
6.29
Revenue Per Share
69.901
Quarterly Revenue Growth
0.123
The market value of Loews Corp is measured differently than its book value, which is the value of Loews that is recorded on the company's balance sheet. Investors also form their own opinion of Loews Corp's value that differs from its market value or its book value, called intrinsic value, which is Loews Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Loews Corp's market value can be influenced by many factors that don't directly affect Loews Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Loews Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Loews Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loews Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.