company background image
GLW

Corning NYSE:GLW Stock Report

Last Price

US$34.12

Market Cap

US$28.9b

7D

0.7%

1Y

-10.1%

Updated

27 Nov, 2022

Data

Company Financials +
GLW fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance5/6
Financial Health3/6
Dividends5/6

GLW Stock Overview

Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide.

Corning Incorporated Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Corning
Historical stock prices
Current Share PriceUS$34.12
52 Week HighUS$43.47
52 Week LowUS$28.98
Beta1.05
1 Month Change5.02%
3 Month Change-0.70%
1 Year Change-10.12%
3 Year Change17.49%
5 Year Change7.13%
Change since IPO362.64%

Recent News & Updates

Is Now The Time To Look At Buying Corning Incorporated (NYSE:GLW)?

Nov 18
Is Now The Time To Look At Buying Corning Incorporated (NYSE:GLW)?

Why Corning Remains A High-Quality Bargain

Oct 31

Recent updates

Is Now The Time To Look At Buying Corning Incorporated (NYSE:GLW)?

Nov 18
Is Now The Time To Look At Buying Corning Incorporated (NYSE:GLW)?

Is There An Opportunity With Corning Incorporated's (NYSE:GLW) 38% Undervaluation?

Oct 21
Is There An Opportunity With Corning Incorporated's (NYSE:GLW) 38% Undervaluation?

We Think Corning (NYSE:GLW) Can Stay On Top Of Its Debt

Sep 29
We Think Corning (NYSE:GLW) Can Stay On Top Of Its Debt

Corning (NYSE:GLW) Shareholders Will Want The ROCE Trajectory To Continue

Sep 18
Corning (NYSE:GLW) Shareholders Will Want The ROCE Trajectory To Continue

Should You Be Adding Corning (NYSE:GLW) To Your Watchlist Today?

Sep 07
Should You Be Adding Corning (NYSE:GLW) To Your Watchlist Today?

What Does Corning Incorporated's (NYSE:GLW) Share Price Indicate?

Aug 16
What Does Corning Incorporated's (NYSE:GLW) Share Price Indicate?

An Intrinsic Calculation For Corning Incorporated (NYSE:GLW) Suggests It's 45% Undervalued

Jul 23
An Intrinsic Calculation For Corning Incorporated (NYSE:GLW) Suggests It's 45% Undervalued

Is Corning (NYSE:GLW) A Risky Investment?

Jun 29
Is Corning (NYSE:GLW) A Risky Investment?

The Return Trends At Corning (NYSE:GLW) Look Promising

Jun 17
The Return Trends At Corning (NYSE:GLW) Look Promising

At US$36.00, Is Corning Incorporated (NYSE:GLW) Worth Looking At Closely?

May 11
At US$36.00, Is Corning Incorporated (NYSE:GLW) Worth Looking At Closely?

Corning (NYSE:GLW) Shareholders Will Want The ROCE Trajectory To Continue

Mar 18
Corning (NYSE:GLW) Shareholders Will Want The ROCE Trajectory To Continue

Is Corning (NYSE:GLW) A Risky Investment?

Mar 06
Is Corning (NYSE:GLW) A Risky Investment?

Corning's (NYSE:GLW) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 22
Corning's (NYSE:GLW) Shareholders Will Receive A Bigger Dividend Than Last Year

Corning (NYSE:GLW) Is Increasing Its Dividend To US$0.27

Feb 08
Corning (NYSE:GLW) Is Increasing Its Dividend To US$0.27

At US$37.61, Is Corning Incorporated (NYSE:GLW) Worth Looking At Closely?

Dec 11
At US$37.61, Is Corning Incorporated (NYSE:GLW) Worth Looking At Closely?

Does Corning (NYSE:GLW) Have A Healthy Balance Sheet?

Nov 17
Does Corning (NYSE:GLW) Have A Healthy Balance Sheet?

Corning (NYSE:GLW) Shareholders Will Want The ROCE Trajectory To Continue

Oct 29
Corning (NYSE:GLW) Shareholders Will Want The ROCE Trajectory To Continue

Is Corning Incorporated (NYSE:GLW) Trading At A 40% Discount?

Sep 23
Is Corning Incorporated (NYSE:GLW) Trading At A 40% Discount?

Is There Now An Opportunity In Corning Incorporated (NYSE:GLW)?

Sep 07
Is There Now An Opportunity In Corning Incorporated (NYSE:GLW)?

Is Now The Time To Put Corning (NYSE:GLW) On Your Watchlist?

Aug 23
Is Now The Time To Put Corning (NYSE:GLW) On Your Watchlist?

We Think Corning (NYSE:GLW) Can Stay On Top Of Its Debt

Jul 15
We Think Corning (NYSE:GLW) Can Stay On Top Of Its Debt

Investors Will Want Corning's (NYSE:GLW) Growth In ROCE To Persist

Jun 24
Investors Will Want Corning's (NYSE:GLW) Growth In ROCE To Persist

A Look At The Intrinsic Value Of Corning Incorporated (NYSE:GLW)

Jun 13
A Look At The Intrinsic Value Of Corning Incorporated (NYSE:GLW)

What Does Corning Incorporated's (NYSE:GLW) Share Price Indicate?

Jun 02
What Does Corning Incorporated's (NYSE:GLW) Share Price Indicate?

Do Corning's (NYSE:GLW) Earnings Warrant Your Attention?

May 03
Do Corning's (NYSE:GLW) Earnings Warrant Your Attention?

It's Unlikely That Corning Incorporated's (NYSE:GLW) CEO Will See A Huge Pay Rise This Year

Apr 23
It's Unlikely That Corning Incorporated's (NYSE:GLW) CEO Will See A Huge Pay Rise This Year

Shareholder Returns

GLWUS ElectronicUS Market
7D0.7%1.6%1.3%
1Y-10.1%-15.9%-18.5%

Return vs Industry: GLW exceeded the US Electronic industry which returned -15.9% over the past year.

Return vs Market: GLW exceeded the US Market which returned -18.5% over the past year.

Price Volatility

Is GLW's price volatile compared to industry and market?
GLW volatility
GLW Average Weekly Movement4.4%
Electronic Industry Average Movement8.0%
Market Average Movement7.4%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.3%

Stable Share Price: GLW is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: GLW's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
185161,200Wendell Weekshttps://www.corning.com

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 connectors, optical components and couplers, closures, network interface devices, and other accessories.

Corning Incorporated Fundamentals Summary

How do Corning's earnings and revenue compare to its market cap?
GLW fundamental statistics
Market CapUS$28.86b
Earnings (TTM)US$1.84b
Revenue (TTM)US$14.46b

15.7x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GLW income statement (TTM)
RevenueUS$14.46b
Cost of RevenueUS$9.52b
Gross ProfitUS$4.94b
Other ExpensesUS$3.10b
EarningsUS$1.84b

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.17
Gross Margin34.18%
Net Profit Margin12.72%
Debt/Equity Ratio58.3%

How did GLW perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

48%

Payout Ratio