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Corning Incorporated (GLW)

NYSE: GLW · IEX Real-Time Price · USD
38.20
-0.19 (-0.50%)
After-hours:Sep 17, 2021 7:05 PM EDT
38.39
-0.45 (-1.16%)
At close: Sep 17, 4:00 PM
Market Cap32.79B
Revenue (ttm)13.14B
Net Income (ttm)1.73B
Shares Out851.36M
EPS (ttm)1.06
PE Ratio36.18
Forward PE15.90
Dividend$0.92 (2.40%)
Ex-Dividend DateAug 30, 2021
Volume8,692,198
Open38.58
Previous Close38.84
Day's Range38.25 - 38.70
52-Week Range29.45 - 46.29
Beta1.14
AnalystsBuy
Price Target48.45 (+26.2%)
Est. Earnings DateOct 26, 2021

About GLW

Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment offers glass substrates for liquid crystal displays and organic light-emitting diodes 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, including cable assemblies, fiber optic hardware and con...

IndustryElectronic Equipment, Instruments & Components
Founded1851
CEOWendell Weeks
Employees50,110
Stock ExchangeNYSE
Ticker SymbolGLW
Full Company Profile

Financial Performance

In 2020, Corning's revenue was $11.30 billion, a decrease of -1.74% compared to the previous year's $11.50 billion. Earnings were $512.00 million, a decrease of -46.67%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for Corning stock is "Buy." The 12-month stock price forecast is 48.45, which is an increase of 26.20% from the latest price.

Price Target
$48.45
(26.20% upside)
Analyst Consensus: Buy

News

Corning (GLW) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Corning (GLW) closed at $39.60, marking a +1.12% move from the previous day.

2 weeks ago - Zacks Investment Research

5 Stocks Likely to Make the Most of the Booming Demand for 5G

The demand for 5G seems poised to grow going forward as the technology offers benefits like higher speeds and lower latency, making it prudent to look at stocks like Apple (AAPL), Corning (GLW) and Noki...

Other symbols:AAPLAMTNOKQCOM
3 weeks ago - Zacks Investment Research

Why Is Corning (GLW) Down 0.1% Since Last Earnings Report?

Corning (GLW) reported earnings 30 days ago. What's next for the stock?

3 weeks ago - Zacks Investment Research

Apple Is Poised For An Eventful September. Will Apple Suppliers Stocks Benefit Too?

Our indicative theme on Apple Component Supplier Stocks – which includes a diverse set of companies that supply components for iPhones and other iDevices - is up by about 13% year-to-date, roughly in li...

Other symbols:JBLQRVOSWKS
3 weeks ago - Forbes

3 Dividend-Paying Tech Stocks to Buy Right Now

Investors can find reasonably priced dividend growth in these three technology stalwarts.

Other symbols:BAHMSFT
1 month ago - The Motley Fool

Corning (GLW) Cellular Solutions to Power Indoor 5G Connectivity

Corning's (GLW) Everon mmWave indoor small-cell systems are likely to enable carriers address the exponential growth of 5G connectivity as people return to their work environment in the post-pandemic era.

1 month ago - Zacks Investment Research

Corning's High-Performance Cellular Solutions to Enable Reliable 5G Connection Indoors

Next-generation Everon™ mmWave solutions simplify deployment in small- and mid-sized venues, including offices, schools, and hospitals Next-generation Everon™ mmWave solutions simplify deployment in sma...

1 month ago - GlobeNewsWire

Does Corning Stock Have More Upside?

The company reported sales of $3.5 billion, up 37% y-o-y, and it was slightly higher than our and consensus forecast of $3.4 billion.

1 month ago - Forbes

Corning (GLW) Beats on Q2 Earnings, Expects Growth to Continue

Corning's (GLW) second-quarter 2021 results reflect strong sales growth at all five business segments.

1 month ago - Zacks Investment Research

Corning (GLW) Surpasses Q2 Earnings and Revenue Estimates

Corning (GLW) delivered earnings and revenue surprises of 3.92% and 2.95%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Corning Beats On Q2 Earnings, Posts Strong Segmental Growth And Margin Expansion, Issues Q3 Guidance

Corning Inc (NYSE: GLW) reported second-quarter FY21 core sales growth of 35% year-on-year to $3.5 billion, surpassing the analyst consensus of $3.4 billion. Display Technologies sales grew 25% Y/Y to $...

1 month ago - Benzinga

Corning: Q2 Earnings Insights

Shares of Corning (NYSE:GLW) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share increased 112.00% over the past year to $0.53, which beat the estimate of $0.51.

1 month ago - Benzinga

Corning Reports Outstanding Second-Quarter 2021 Results, Expects Continued Growth in Third Quarter

Second-quarter core sales of $3.5 billion grew 35% from Q2 2020 and 17% from Q2 2019; Core EPS grew 112% year over year to $0.53 on higher sales and expanded margins; Free cash flow of $471 million grew...

1 month ago - GlobeNewsWire

Corning Partners with Hyundai Mobis to Enable Augmented Reality Head-Up Display Systems

New product category creates today's most immersive and connected driving experiences New product category creates today's most immersive and connected driving experiences

1 month ago - GlobeNewsWire

Will Corning (GLW) Beat Estimates Again in Its Next Earnings Report?

Corning (GLW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

Should You Buy Corning (GLW) Ahead of Earnings?

Corning (GLW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

What To Expect From Corning's Q2?

Corning stock (NYSE: GLW) is scheduled to report its Q2 2021 results on Tuesday, July 27. We expect Corning to likely post revenue and earnings largely in-line with the street expectations.

1 month ago - Forbes

Will Higher Revenues Boost Corning's (GLW) Q2 Earnings?

Corning's (GLW) performance in the second quarter of 2021 is likely to have benefited from strong demand and positive momentum across its businesses.

1 month ago - Zacks Investment Research

Corning Expands Corning® Gorilla® Glass Composite Products to Optimize Performance of Mobile Device Cameras

New product category enables unparalleled camera optics for smartphones by allowing 98% light capture, creating higher-quality images and videos while maintaining Gorilla Glass toughness New product cat...

1 month ago - GlobeNewsWire

Corning (GLW) Earnings Expected to Grow: Should You Buy?

Corning (GLW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

3 Communication Stocks Set to Ride on Seamless Connectivity Demand

The coronavirus-driven digital transformation and accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. POLY, OOMA and TESS are...

Other symbols:ANETOOMAPOLYTESS
1 month ago - Zacks Investment Research

Apple suppliers sink as tech titan surges to fresh record high. Traders talk which are worth buying

Some Apple suppliers could be worth a second look with the group well off its recent highs, two traders say.

Other symbols:CRUSINTCMUQCOMTSM
2 months ago - CNBC

3 Dividend Contenders With Market-Beating Yields

Companies with a quarter-century of dividend growth tend to get the most publicity amongst the dividend growth community. And for good reason, as the names making up the Dividend Aristocrats and Dividen...

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2 months ago - GuruFocus

Corning Announces Quarterly Dividend

CORNING, N.Y. , June 30, 2021 (GLOBE NEWSWIRE) -- Corning Incorporated's (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.24 per share on the company's common stock. The dividend...

2 months ago - GlobeNewsWire

Corning Appoints Pamela J. Craig to its Board of Directors

CORNING, N.Y., June 29, 2021 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE:GLW) today announced that Pamela J. Craig, former chief financial officer of Accenture plc, has been appointed to Corning's Bo...

2 months ago - GlobeNewsWire