Corning Incorporated (GLW)
| Market Cap | 30.08B |
| Revenue (ttm) | 12.39B |
| Net Income (ttm) | 614.00M |
| Shares Out | 856.62M |
| EPS (ttm) | 0.72 |
| PE Ratio | 48.78 |
| Forward PE | 17.50 |
| Dividend | $1.12 (3.19%) |
| Ex-Dividend Date | May 31, 2024 |
| Volume | 4,044,734 |
| Open | 35.05 |
| Previous Close | 34.95 |
| Day's Range | 34.87 - 35.14 |
| 52-Week Range | 25.26 - 36.02 |
| Beta | 1.07 |
| Analysts | Buy |
| Price Target | 35.60 (+1.4%) |
| Earnings Date | Apr 30, 2024 |
About GLW
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 e... [Read more]
Financial Performance
In 2023, Corning's revenue was $12.59 billion, a decrease of -11.28% compared to the previous year's $14.19 billion. Earnings were $581.00 million, a decrease of -55.85%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for GLW stock is "Buy." The 12-month stock price forecast is $35.6, which is an increase of 1.40% from the latest price.
News
What's Next For Corning Stock After An Upbeat Q1?
Corning Corning (NYSE: GLW) recently reported its Q1 results, with revenues and earnings exceeding our estimates. The company reported core revenue of 3.3 billion, down 3% y-o-y but above our $3.1 bil...
Corning Announces Quarterly Dividend
CORNING, N.Y.--(BUSINESS WIRE)---- $GLW #CorningIncorporated--Corning Incorporated's (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.28 per share. The dividend will be payable...
Corning Shares Jump On Solid Earnings and Upbeat Outlook
The company sees better days ahead for some of its important end markets like optical fiber.
Corning forecasts second-quarter core sales above estimates on steady carrier spending
Specialty glass maker Corning forecast second-quarter core sales above Wall Street expectations on Tuesday, banking on price increases and healthy demand for its fiber optic cables amid recovery in sp...
Corning Reports First-Quarter 2024 Financial Results
CORNING, N.Y.--(BUSINESS WIRE)---- $GLW #CorningIncorporated--Corning Incorporated (NYSE: GLW) today announced its first-quarter 2024 results and provided its outlook for second-quarter 2024. Wendell ...
Here's What To Expect From Corning's Q1
Corning Stock (NYSE: GLW) will report its Q1 2024 results on Tuesday, April 30. We expect the company's revenues to come in at $3.1 billion and adjusted earnings of $0.35 per share, aligning with the ...
Should You Pick Corning Stock At $32 After Q4 Beat?
Corning GLW (NYSE: GLW) recently reported its Q4 results, with revenues falling above and earnings meeting the street estimates. The company reported core revenue of 3.3 billion, down 10% y-o-y but ab...
Bullish On GLW, MRO, RUN
Corning (GLW), Marathon Oil (MRO), and Sunrun (RUN) are today's big three stocks. Alan Knuckman and Rick Ducat discuss the technical trends, as well as how to trade these names.
Corning Spikes on Bullish Outlook
The company expects weaker performance in the 2024 first quarter, and then improvement from there.
Corning Reports Fourth-Quarter and Full-Year 2023 Financial Results
Fourth-quarter results demonstrate continued progress restoring productivity ratios to historical levels and raising price to offset inflation; Despite lower sales, fourth-quarter GAAP and core gross ...
Samsung Galaxy S24 Ultra Creates New Standards of Durability and Visual Clarity with Corning® Gorilla® Armor
Corning® Gorilla® Armor is the most scratch resistant, optically advanced Gorilla® Glass yet, enabling unprecedented durability and a maximized visual experience on Samsung's latest flagship smartphon...
13 stocks that are down for 2023 but may bounce back in 2024 or beyond
Some investors put themselves in “value” or “growth” camps, either preferring to invest in companies trading low to book value, or expected earnings or by some other measure, or preferring to focus on...
What's Next For Corning Stock After A 13% Fall In A Month?
Corning (NYSE: GLW) recently reported its Q3 results, with revenues and earnings falling below the street estimates.
Corning Stock Is Sliding. Earnings and Guidance Disappointed.
Specialty glassmaker Corning posted a softer-than-expected September quarter, and a forecast that came up short.
Corning warns of hit from UAW strike as core sales forecast disappoints
Corning on Tuesday forecast fourth-quarter core sales below market expectations and flagged a likely hit from the ongoing strike against the Detroit Three automakers, sending the shares of the special...
Corning Reports Third-Quarter 2023 Financial Results with Continued Improvement in Profitability and Cash Flow
Gross margin percentage expanded sequentially on consistent sales and year over year on lower sales; Operating and free cash flow both grew sequentially and year over year; Profitability and free cash...
Corning Vice Chairman Lawrence D. McRae to Retire After 38 Years with the Company
Corning, N.Y., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced that its vice chairman and corporate development officer, Lawrence D. McRae, who has been with the com...
Which Is A Better Pick – Corning Stock Or West Pharmaceutical Services?
Although these companies are from different sectors, we compare them because they have a similar market capitalization of around $30 billion.
Wall Street's Most Accurate Analysts Say Buy These 3 Tech Stocks With Over 3% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Wall Street's Most Accurate Analysts Say Buy These 3 Tech Stocks With Over 3% Dividend Yields - Corning (NYSE:GLW), Juniper Networks (NYSE:JNPR)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Apple supplier Corning Q3 revenue forecast hit by consumer electronics slump
Specialty glass maker Corning forecast third-quarter core sales below Wall Street estimates on Tuesday, as it grapples with the ongoing slump in the consumer electronics market.
Corning Reports Second-Quarter 2023 Financial Results with Notable Progress on Profitability and Cash Flow
Sales increased sequentially and decreased year over year, in line with management expectations for the current weak end-market environment; Sequential margin expansion and $310 million of free cash f...
Pricing Actions To Aid Corning's Q2?
Earnings will likely come in at about $0.48 per share, marginally beating the consensus estimate of $0.46.
Corning's New Viridian™ Vials Reduce Waste and Carbon Emissions in the Pharmaceutical Supply Chain
The vial technology will help drug manufacturers meet their sustainability goals while enabling faster, safer filling-line operations The vial technology will help drug manufacturers meet their sustai...