GLW Stock Overview
Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
Corning Incorporated Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$31.55 |
| 52 Week High | US$36.02 |
| 52 Week Low | US$25.26 |
| Beta | 1.09 |
| 1 Month Change | -3.13% |
| 3 Month Change | 3.89% |
| 1 Year Change | -4.07% |
| 3 Year Change | -29.12% |
| 5 Year Change | -0.94% |
| Change since IPO | 451.90% |
Recent News & Updates
Corning: Near-Term Weakness But Considerable Long-Term Opportunities
Apr 16An Intrinsic Calculation For Corning Incorporated (NYSE:GLW) Suggests It's 23% Undervalued
Apr 11
At US$32.96, Is Corning Incorporated (NYSE:GLW) Worth Looking At Closely?
Mar 30We Think Corning (NYSE:GLW) Is Taking Some Risk With Its Debt
Mar 18Recent updates
Corning: Near-Term Weakness But Considerable Long-Term Opportunities
Apr 16An Intrinsic Calculation For Corning Incorporated (NYSE:GLW) Suggests It's 23% Undervalued
Apr 11At US$32.96, Is Corning Incorporated (NYSE:GLW) Worth Looking At Closely?
Mar 30We Think Corning (NYSE:GLW) Is Taking Some Risk With Its Debt
Mar 18Corning: Great Time To Seize This Hidden AI Opportunity
Feb 13Investors Can Find Comfort In Corning's (NYSE:GLW) Earnings Quality
Feb 07Corning (NYSE:GLW) Has Some Difficulty Using Its Capital Effectively
Feb 04Corning: A Growth Story With Reasonable Valuation
Jan 30The Price Is Right For Corning Incorporated (NYSE:GLW)
Jan 23Corning: Recent Weakness Provides Good Buying Opportunities
Jan 13Is Corning Incorporated (NYSE:GLW) Trading At A 34% Discount?
Dec 29Corning: Strike While The Glass Is Hot
Dec 06Corning: Stock Price Decline Is Justified
Nov 28Corning (NYSE:GLW) Will Be Looking To Turn Around Its Returns
Nov 06Corning: Assessing Growth Prospects Amid Economic Uncertainties
Oct 31Corning (NYSE:GLW) Is Paying Out A Larger Dividend Than Last Year
Oct 25These 4 Measures Indicate That Corning (NYSE:GLW) Is Using Debt Extensively
Oct 20Corning: Supportive Megatrends Coupled With A Recovery Story
Oct 17Corning's (NYSE:GLW) Dividend Will Be Increased To $0.28
Oct 08Corning: Glass Technologies Behind AI And Consumer Devices Will Drive Q3 2023
Sep 27At US$31.22, Is It Time To Put Corning Incorporated (NYSE:GLW) On Your Watch List?
Sep 25Corning Incorporated's (NYSE:GLW) Intrinsic Value Is Potentially 52% Above Its Share Price
Sep 10Corning: There Is Still Time To Accumulate Shares
Aug 28Corning (NYSE:GLW) Is Increasing Its Dividend To $0.28
Aug 28Corning: A Timeless Gem Poised For A Comeback
Aug 22Corning's (NYSE:GLW) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 27Corning (NYSE:GLW) Has Some Way To Go To Become A Multi-Bagger
Jul 21Corning Stock: Bullish Into Q2 Earnings
Jul 12Corning's (NYSE:GLW) Dividend Will Be Increased To $0.28
Jul 09Corning (NYSE:GLW) Takes On Some Risk With Its Use Of Debt
Jul 07Corning (NYSE:GLW) Has Announced That It Will Be Increasing Its Dividend To $0.28
Jun 25Corning: More Measures To Expect Based On Its Management Framework
Jun 22Why Corning Stock Is A Strong Buy
Jun 08Why Corning Incorporated (NYSE:GLW) Could Be Worth Watching
Jun 07Calculating The Intrinsic Value Of Corning Incorporated (NYSE:GLW)
May 26Corning (NYSE:GLW) Will Pay A Larger Dividend Than Last Year At $0.28
May 01Investors Met With Slowing Returns on Capital At Corning (NYSE:GLW)
Apr 18Is Corning (NYSE:GLW) Using Too Much Debt?
Apr 07Should You Be Adding Corning (NYSE:GLW) To Your Watchlist Today?
Mar 27Corning: Opportunities In Fiber Optics, Foldable Phones, Growing Solar Installations
Feb 23Is It Too Late To Consider Buying Corning Incorporated (NYSE:GLW)?
Feb 20Corning raises dividend by 3.7% to $0.28
Feb 08Calculating The Fair Value Of Corning Incorporated (NYSE:GLW)
Feb 04Corning: Now Is A Buy
Jan 27Corning (NYSE:GLW) Might Have The Makings Of A Multi-Bagger
Jan 13Corning: Fair-Valued With Consistent Strategy Paying Off
Jan 11Is Corning (NYSE:GLW) A Risky Investment?
Jan 02Here's Why We Think Corning (NYSE:GLW) Might Deserve Your Attention Today
Dec 22Corning: Currently Overvalued Considering The Risk
Dec 16Is Now The Time To Look At Buying Corning Incorporated (NYSE:GLW)?
Nov 18Shareholder Returns
| GLW | US Electronic | US Market | |
|---|---|---|---|
| 7D | 2.0% | -3.2% | -3.2% |
| 1Y | -4.1% | 14.8% | 19.3% |
Return vs Industry: GLW underperformed the US Electronic industry which returned 14.8% over the past year.
Return vs Market: GLW underperformed the US Market which returned 19.3% over the past year.
Price Volatility
| GLW volatility | |
|---|---|
| GLW Average Weekly Movement | 3.2% |
| Electronic Industry Average Movement | 6.9% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: GLW has not had significant price volatility in the past 3 months.
Volatility Over Time: GLW's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1851 | 49,800 | Wendell Weeks | www.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.
Corning Incorporated Fundamentals Summary
| GLW fundamental statistics | |
|---|---|
| Market cap | US$26.99b |
| Earnings (TTM) | US$581.00m |
| Revenue (TTM) | US$12.59b |
46.4x
P/E Ratio2.1x
P/S RatioIs GLW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GLW income statement (TTM) | |
|---|---|
| Revenue | US$12.59b |
| Cost of Revenue | US$8.37b |
| Gross Profit | US$4.21b |
| Other Expenses | US$3.63b |
| Earnings | US$581.00m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 30, 2024
| Earnings per share (EPS) | 0.68 |
| Gross Margin | 33.48% |
| Net Profit Margin | 4.62% |
| Debt/Equity Ratio | 61.8% |
How did GLW perform over the long term?
See historical performance and comparison