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Corning NYSE:GLW Stock Report

Last Price

US$32.45

Market Cap

US$27.5b

7D

-0.7%

1Y

-8.0%

Updated

01 Mar, 2024

Data

Company Financials +

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.

GLW fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends3/6

Corning Incorporated Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Corning
Historical stock prices
Current Share PriceUS$32.45
52 Week HighUS$36.02
52 Week LowUS$25.26
Beta1.09
1 Month Change-0.12%
3 Month Change12.52%
1 Year Change-8.00%
3 Year Change-13.37%
5 Year Change-3.99%
Change since IPO467.64%

Recent News & Updates

Corning: Great Time To Seize This Hidden AI Opportunity

Feb 13

Investors Can Find Comfort In Corning's (NYSE:GLW) Earnings Quality

Feb 07
Investors Can Find Comfort In Corning's (NYSE:GLW) Earnings Quality

Recent updates

Corning: Great Time To Seize This Hidden AI Opportunity

Feb 13

Investors Can Find Comfort In Corning's (NYSE:GLW) Earnings Quality

Feb 07
Investors Can Find Comfort In Corning's (NYSE:GLW) Earnings Quality

Corning (NYSE:GLW) Has Some Difficulty Using Its Capital Effectively

Feb 04
Corning (NYSE:GLW) Has Some Difficulty Using Its Capital Effectively

Corning: A Growth Story With Reasonable Valuation

Jan 30

The Price Is Right For Corning Incorporated (NYSE:GLW)

Jan 23
The Price Is Right For Corning Incorporated (NYSE:GLW)

Corning: Recent Weakness Provides Good Buying Opportunities

Jan 13

Is Corning Incorporated (NYSE:GLW) Trading At A 34% Discount?

Dec 29
Is Corning Incorporated (NYSE:GLW) Trading At A 34% Discount?

Corning: Strike While The Glass Is Hot

Dec 06

Corning: Stock Price Decline Is Justified

Nov 28

Corning (NYSE:GLW) Will Be Looking To Turn Around Its Returns

Nov 06
Corning (NYSE:GLW) Will Be Looking To Turn Around Its Returns

Corning: Assessing Growth Prospects Amid Economic Uncertainties

Oct 31

Corning (NYSE:GLW) Is Paying Out A Larger Dividend Than Last Year

Oct 25
Corning (NYSE:GLW) Is Paying Out A Larger Dividend Than Last Year

These 4 Measures Indicate That Corning (NYSE:GLW) Is Using Debt Extensively

Oct 20
These 4 Measures Indicate That Corning (NYSE:GLW) Is Using Debt Extensively

Corning: Supportive Megatrends Coupled With A Recovery Story

Oct 17

Corning's (NYSE:GLW) Dividend Will Be Increased To $0.28

Oct 08
Corning's (NYSE:GLW) Dividend Will Be Increased To $0.28

Corning: Glass Technologies Behind AI And Consumer Devices Will Drive Q3 2023

Sep 27

At US$31.22, Is It Time To Put Corning Incorporated (NYSE:GLW) On Your Watch List?

Sep 25
At US$31.22, Is It Time To Put Corning Incorporated (NYSE:GLW) On Your Watch List?

Corning Incorporated's (NYSE:GLW) Intrinsic Value Is Potentially 52% Above Its Share Price

Sep 10
Corning Incorporated's (NYSE:GLW) Intrinsic Value Is Potentially 52% Above Its Share Price

Corning: There Is Still Time To Accumulate Shares

Aug 28

Corning (NYSE:GLW) Is Increasing Its Dividend To $0.28

Aug 28
Corning (NYSE:GLW) Is Increasing Its Dividend To $0.28

Corning: A Timeless Gem Poised For A Comeback

Aug 22

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

Jul 27
Corning's (NYSE:GLW) Shareholders Will Receive A Bigger Dividend Than Last Year

Corning (NYSE:GLW) Has Some Way To Go To Become A Multi-Bagger

Jul 21
Corning (NYSE:GLW) Has Some Way To Go To Become A Multi-Bagger

Corning Stock: Bullish Into Q2 Earnings

Jul 12

Corning's (NYSE:GLW) Dividend Will Be Increased To $0.28

Jul 09
Corning's (NYSE:GLW) Dividend Will Be Increased To $0.28

Corning (NYSE:GLW) Takes On Some Risk With Its Use Of Debt

Jul 07
Corning (NYSE:GLW) Takes On Some Risk With Its Use Of Debt

Corning (NYSE:GLW) Has Announced That It Will Be Increasing Its Dividend To $0.28

Jun 25
Corning (NYSE:GLW) Has Announced That It Will Be Increasing Its Dividend To $0.28

Corning: More Measures To Expect Based On Its Management Framework

Jun 22

Why Corning Stock Is A Strong Buy

Jun 08

Why Corning Incorporated (NYSE:GLW) Could Be Worth Watching

Jun 07
Why Corning Incorporated (NYSE:GLW) Could Be Worth Watching

Calculating The Intrinsic Value Of Corning Incorporated (NYSE:GLW)

May 26
Calculating The Intrinsic Value Of Corning Incorporated (NYSE:GLW)

Corning (NYSE:GLW) Will Pay A Larger Dividend Than Last Year At $0.28

May 01
Corning (NYSE:GLW) Will Pay A Larger Dividend Than Last Year At $0.28

Investors Met With Slowing Returns on Capital At Corning (NYSE:GLW)

Apr 18
Investors Met With Slowing Returns on Capital At Corning (NYSE:GLW)

Is Corning (NYSE:GLW) Using Too Much Debt?

Apr 07
Is Corning (NYSE:GLW) Using Too Much Debt?

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

Mar 27
Should You Be Adding Corning (NYSE:GLW) To Your Watchlist Today?

Corning: Opportunities In Fiber Optics, Foldable Phones, Growing Solar Installations

Feb 23

Is It Too Late To Consider Buying Corning Incorporated (NYSE:GLW)?

Feb 20
Is It Too Late To Consider Buying Corning Incorporated (NYSE:GLW)?

Corning raises dividend by 3.7% to $0.28

Feb 08

Calculating The Fair Value Of Corning Incorporated (NYSE:GLW)

Feb 04
Calculating The Fair Value Of Corning Incorporated (NYSE:GLW)

Corning: Now Is A Buy

Jan 27

Corning (NYSE:GLW) Might Have The Makings Of A Multi-Bagger

Jan 13
Corning (NYSE:GLW) Might Have The Makings Of A Multi-Bagger

Corning: Fair-Valued With Consistent Strategy Paying Off

Jan 11

Is Corning (NYSE:GLW) A Risky Investment?

Jan 02
Is Corning (NYSE:GLW) A Risky Investment?

Here's Why We Think Corning (NYSE:GLW) Might Deserve Your Attention Today

Dec 22
Here's Why We Think Corning (NYSE:GLW) Might Deserve Your Attention Today

Corning: Currently Overvalued Considering The Risk

Dec 16

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

Corning Q3 2022 Earnings Preview

Oct 24

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?

Corning declares $0.27 dividend

Oct 05

Shareholder Returns

GLWUS ElectronicUS Market
7D-0.7%1.2%0.4%
1Y-8.0%12.6%24.9%

Return vs Industry: GLW underperformed the US Electronic industry which returned 12.6% over the past year.

Return vs Market: GLW underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is GLW's price volatile compared to industry and market?
GLW volatility
GLW Average Weekly Movement3.2%
Electronic Industry Average Movement6.6%
Market Average Movement6.1%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.1%

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

FoundedEmployeesCEOWebsite
185149,800Wendell Weekshttps://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

How do Corning's earnings and revenue compare to its market cap?
GLW fundamental statistics
Market capUS$27.52b
Earnings (TTM)US$581.00m
Revenue (TTM)US$12.59b

47.7x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GLW income statement (TTM)
RevenueUS$12.59b
Cost of RevenueUS$8.37b
Gross ProfitUS$4.21b
Other ExpensesUS$3.63b
EarningsUS$581.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.68
Gross Margin33.48%
Net Profit Margin4.62%
Debt/Equity Ratio61.8%

How did GLW perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

163%

Payout Ratio
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