Corning IncorporatedGLW

GLW current price
$47.94+61.47%

Capital at risk.

1W
+2.22%
1M
-0.33%
3M
+6.51%
6M
+25.83%
1Y
+61.47%
MAX
+171.31%
Calendar
event
Ex dividend date
15 Nov 2024
event_available
Last Dividend Payment
13 Dec 2024
About Corning Incorporated
Ticker
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GLW
Trading on
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NYSE
ISIN
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US2193501051
Industry
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Electronic Components
Sector
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Technology
CEO
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Wendell P. Weeks
Headquarters
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One Riverfront Plaza, Corning, NY, United States, 14831
Employees
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49,800
Website
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corning.com
Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. The company's Specialty Materials segment manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for various markets comprising mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Its Environmental Technologies segment provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products, including consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Pyrex, Falcon, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.
Metrics
BasicAdvanced
Market cap
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$41B
P/E ratio
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252.11
EPS
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$0.19
Dividend Yield
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2.37%
Beta
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1.03
Forward P/E ratio
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20.62
EBIDTA
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$2.61B
Ex dividend date
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2024-11-15
Price & volume
Market cap
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$41B
Average daily volume
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4.1M
90-day return
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6.51%
30-day return
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-0.33%
7-day return
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2.22%
Dividends
Dividend per share
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$1.12
Dividend yield
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2.37%
Forward dividend per share
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$1.12
Forward dividend yield
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2.37%
Payout ratio
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62.92%
Valuation
P/E ratio
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252.11
Forward P/E
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20.62
PEG ratio
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0.61
Trailing P/E
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252.11
Price to sales
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3.25
Price to book
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3.66
Earnings
EPS
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$0.19
EPS estimate (current quarter)
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$0.52
EPS estimate (next quarter)
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$0.52
EBITDA
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$2.61B
Revenues (TTM)
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$12.6B
Revenues per share (TTM)
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$14.81
Technicals
Beta
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1.03
52-week High
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$50.73
52-week Low
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$28.86
50-day moving average
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$47.73
200-day moving average
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$40.72
Short ratio
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2.03
Short %
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1.17%
Management effectiveness
ROE (TTM)
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1.93%
ROA (TTM)
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2.75%
Profit margin
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1.24%
Gross profit margin
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$4.84B
Operating margin
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11.24%
Growth
Quarterly earnings growth (YoY)
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63.60%
Quarterly revenue growth (YoY)
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6.90%
Share stats
Outstanding Shares
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856M
Float
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776M
Insiders %
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8.95%
Institutions %
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72.66%
Analyst Insights & forecasts
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54% Buy

40% Hold

6% Sell

Based on information from 15 analysts.

Average price target

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$52.92
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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$0.39
$0.39
-
Q4 • 23Beat
$0.38
$0.35
8.57%
Q1 • 24Beat
$0.47
$0.46
2.17%
Q2 • 24Beat
$0.54
$0.53
1.89%
Q3 • 24Beat
-
$0.56
-
Q4 • 24Current
QuarterlyAnnual
Financial Performance
windowbar_chart_4_bars
Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$3.25B
$104M
3.20%
Q2 • 24
$3.39B
$-117M
3.45%
Q3 • 24
4.31%
212.50%
207.86%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$27.2B
$16.3B
59.80%
Q2 • 24
$28.3B
$16.9B
59.51%
Q3 • 24
4.21%
3.71%
0.48%
QoQ growth
QuarterlyAnnual
Operating
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Investing
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Financing
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Free cash flow
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$521M
$-154M
$-304M
$279M
Q2 • 24
$699M
$-199M
$-332M
$482M
Q3 • 24
34.17%
29.22%
9.21%
72.76%
QoQ growth
QuarterlyAnnual
Sentiment analysis

-1.5

Extreme greed

+1.5

1.50

Last 30 days

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Corning Incorporated share?
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Corning Incorporated shares are currently traded for $47.94 per share.

How many shares does Corning Incorporated have?
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Corning Incorporated currently has 856M shares.

Does Corning Incorporated pay dividends?
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Yes, Corning Incorporated does pay dividends.

What is Corning Incorporated 52 week high?
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Corning Incorporated 52 week high is $50.73.

What is Corning Incorporated 52 week low?
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Corning Incorporated 52 week low is $28.86.

What is the 200-day moving average of Corning Incorporated?
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Corning Incorporated 200-day moving average is $40.72.

Who is Corning Incorporated CEO?
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The CEO of Corning Incorporated is Wendell P. Weeks.

How many employees Corning Incorporated has?
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Corning Incorporated has 49,800 employees.

What is the market cap of Corning Incorporated?
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The market cap of Corning Incorporated is $41B.

What is the P/E of Corning Incorporated?
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The current P/E of Corning Incorporated is 252.11.

What is the EPS of Corning Incorporated?
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The EPS of Corning Incorporated is $0.19.

What is the PEG Ratio of Corning Incorporated?
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The PEG Ration of Corning Incorporated is 0.61.

What do analysts say about Corning Incorporated?
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According to the analysts Corning Incorporated is considered a buy.