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GLW Stock Overview
Engages in the optical communications, display technologies, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
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Corning Incorporated Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$35.57 |
| 52 Week High | US$0 |
| 52 Week Low | US$0 |
| Beta | 1.05 |
| 1 Month Change | -13.92% |
| 3 Month Change | 12.26% |
| 1 Year Change | 19.29% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 10.48% |
Recent News & Updates
Recent updates
Shareholder Returns
| GLW | BG Electronic | BG Market | |
|---|---|---|---|
| 7D | -4.4% | 1.8% | 2.2% |
| 1Y | 19.3% | -14.5% | 4.8% |
Return vs Industry: GLW exceeded the BG Electronic industry which returned -1.8% over the past year.
Return vs Market: GLW exceeded the BG Market which returned 15.1% over the past year.
Price Volatility
| GLW volatility | |
|---|---|
| GLW Average Weekly Movement | 5.5% |
| Electronic Industry Average Movement | 6.7% |
| Market Average Movement | 4.5% |
| 10% most volatile stocks in BG Market | 7.2% |
| 10% least volatile stocks in BG Market | 2.2% |
Stable Share Price: GLW has not had significant price volatility in the past 3 months.
Volatility Over Time: GLW's weekly volatility (5%) 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 | €29.64b |
| Earnings (TTM) | €399.90m |
| Revenue (TTM) | €11.34b |
74.1x
P/E Ratio2.6x
P/S RatioIs GLW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GLW income statement (TTM) | |
|---|---|
| Revenue | US$12.39b |
| Cost of Revenue | US$8.13b |
| Gross Profit | US$4.26b |
| Other Expenses | US$3.82b |
| Earnings | US$437.00m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.51 |
| Gross Margin | 34.38% |
| Net Profit Margin | 3.53% |
| Debt/Equity Ratio | 66.7% |
How did GLW perform over the long term?
See historical performance and comparisonDividends
3.0%
Current Dividend Yield218%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/08/08 23:09 |
| End of Day Share Price | 2024/08/08 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Corning Incorporated is covered by 43 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Kelleher | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Amir Rozwadowski | Barclays |