Corning Incorporated (GLW)
| Market Cap | 25.99B |
| Revenue (ttm) | 13.32B |
| Net Income (ttm) | 629.00M |
| Shares Out | 852.98M |
| EPS (ttm) | 0.73 |
| PE Ratio | 41.74 |
| Forward PE | 14.72 |
| Dividend | $1.12 (3.68%) |
| Ex-Dividend Date | Aug 30, 2023 |
| Volume | 2,147,200 |
| Open | 30.50 |
| Previous Close | 30.32 |
| Day's Range | 30.35 - 30.79 |
| 52-Week Range | 28.98 - 37.10 |
| Beta | 1.06 |
| Analysts | Buy |
| Price Target | 38.78 (+27.27%) |
| Earnings Date | Oct 24, 2023 |
About GLW
Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. 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 cabl... [Read more]
Financial Performance
In 2022, Corning's revenue was $14.19 billion, an increase of 0.76% compared to the previous year's $14.08 billion. Earnings were $1.32 billion, an increase of 21.96%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for GLW stock is "Buy." The 12-month stock price forecast is $38.78, which is an increase of 27.27% from the latest price.
News
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
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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...
Corning Announces Quarterly Dividend
CORNING, N.Y., June 21, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated's (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.28 per share. The dividend will be payable on Sept. 28,...
Corning Appoints Thomas D. French to Its Board of Directors
CORNING, N.Y., June 20, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated's (NYSE: GLW) Board of Directors today announced that Thomas D. French, former senior partner and current senior partner emeritus ...
Wall Street's Most Accurate Analysts Say Buy These 3 Tech Stocks With Over 3% Dividend Yields - Adtran (NASDAQ:ADTN), Corning (NYSE:GLW)
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...
Corning Stock Rallies After Upgrade. What's Behind the Brighter Outlook.
Morgan Stanley turned bullish on the specialty glass maker, as it anticipates better times ahead.
Corning and SGD Pharma announce joint venture to open new glass tubing facility and expand access to Corning® Velocity® Vial technology in India
The collaboration will enable faster, more efficient delivery of vital medicines and help support India's growing pharmaceutical industry The collaboration will enable faster, more efficient delivery ...
Will Corning Stock Rebound To Its 2021 Highs Of $45?
Returning to the pre-inflation shock level means that Corning stock will have to gain more than 45% from here.
Corning Rallies on Display Glass Price Increases
The company said inflationary forces have spurred the substantial hike in prices.
Corning Announces Price Increase for Display Glass Products
Corning, N.Y., May 23, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) is announcing a 20% increase to its display glass substrate prices. The global price increase will impact all regions, ...
Should You Pick Corning Stock Over Its Sector Peer?
There is more to the comparison, and in the sections below, we discuss why we believe GLW stock will offer better returns than MMM stock in the next three years.
Apple supplier Corning rides on price hikes to beat profit estimates
Specialty glass maker Corning Inc beat profit estimates for the first quarter on Tuesday as price hikes more than made up for higher raw material costs and a demand slowdown.
Corning Reports First-Quarter 2023 Financial Results
First-quarter sales and EPS were as expected, reflecting the impact of anticipated recession-level demand in several key markets and overall weakness in China; Pricing and productivity-improvement act...
Here's What To Expect From Corning's Q1
Although the company has benefited from 5G expansion and cloud computing in recent quarters, it expects the overall top line to be weighed down by the lockdowns in China.
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Corning Incorporated Named ENERGY STAR Partner of the Year for 10th Year in a Row
The achievement marks a decade of recognition by the U.S. EPA for effective energy management practices The achievement marks a decade of recognition by the U.S. EPA for effective energy management pr...
Are IPhone Component Stocks A Buy As Apple Plans Big New Unveils This Year?
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3 Dividend Contenders to Buy Now for Long-Term Gains Later
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