On 2016-08-09, Loews Corporation (NYSE:L) confirmed the dividend disbursement of $0.063 a share to shareholders as on record 2016-08-31. The firm will release dividend on 2016-09-13 while ex-dividend date is reported to be 2016-08-29.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Loews Corporation (NYSE:L) paid a total of $0.063 per share in dividends. This figure stood at $0.063 a share in the same period a year ago indicating a deviation of 0%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $40 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $42 and $38, respectively.
Taking the mathematical rating formula, the price for Loews Corporation (NYSE:L) stands at 2.33. Earnings Review Loews Corporation (NYSE:L) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-07. For the period ending on 2016-09-30, experts are expecting EPS of $0.64.
Coming to the quarter ending on 2015-12-31, Loews Corporation (NYSE:L) recorded EPS of $0.6. The reported numbers came lower than the analysts’ estimates of $0.57, demonstrating a miss of $0.03 as against reported figures.
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