GLW Stock Overview
Engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
+ 1 more risk
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Corning Incorporated Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$47.31 |
| 52 Week High | US$51.03 |
| 52 Week Low | US$29.71 |
| Beta | 1.03 |
| 1 Month Change | -2.49% |
| 3 Month Change | 5.96% |
| 1 Year Change | 56.50% |
| 3 Year Change | 28.73% |
| 5 Year Change | 64.33% |
| Change since IPO | 727.58% |
Recent News & Updates
Is Corning Incorporated (NYSE:GLW) Trading At A 26% Discount?
Dec 03
Corning (NYSE:GLW) Has Affirmed Its Dividend Of $0.28
Nov 05Recent updates
Is Corning Incorporated (NYSE:GLW) Trading At A 26% Discount?
Dec 03Corning (NYSE:GLW) Has Affirmed Its Dividend Of $0.28
Nov 05Corning Q3 2024 Earnings Review: EPS And Revenue Beat, Guidance Increased
Oct 29Corning (NYSE:GLW) Is Due To Pay A Dividend Of $0.28
Oct 19Corning (NYSE:GLW) Is Due To Pay A Dividend Of $0.28
Oct 05Generative AI And Springboard Plan Drive Higher Corning Earnings
Sep 17Corning's (NYSE:GLW) Dividend Will Be $0.28
Aug 20Corning: Bullish AI Catalysts From Partners Lumen And Google
Aug 14Some Investors May Be Willing To Look Past Corning's (NYSE:GLW) Soft Earnings
Aug 09Corning (NYSE:GLW) Will Pay A Dividend Of $0.28
Jul 22What To Do After Corning Shares Rallied
Jul 09Corning (NYSE:GLW) Has Affirmed Its Dividend Of $0.28
Jun 29Corning: Better Days Are Ahead
Jun 25Investors Appear Satisfied With Corning Incorporated's (NYSE:GLW) Prospects
Jun 07Corning: The Rally Is Just Getting Started
Jun 03Corning's (NYSE:GLW) Dividend Will Be $0.28
May 22Investors Could Be Concerned With Corning's (NYSE:GLW) Returns On Capital
May 14Corning: Earnings Recovery To Monitor
May 02Corning: 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: Assessing Growth Prospects Amid Economic Uncertainties
Oct 31Corning: Supportive Megatrends Coupled With A Recovery Story
Oct 17Corning: Glass Technologies Behind AI And Consumer Devices Will Drive Q3 2023
Sep 27Corning: There Is Still Time To Accumulate Shares
Aug 28Corning: A Timeless Gem Poised For A Comeback
Aug 22Shareholder Returns
| GLW | US Electronic | US Market | |
|---|---|---|---|
| 7D | -1.7% | -3.1% | -2.4% |
| 1Y | 56.5% | 17.6% | 23.3% |
Return vs Industry: GLW exceeded the US Electronic industry which returned 17.6% over the past year.
Return vs Market: GLW exceeded the US Market which returned 23.3% over the past year.
Price Volatility
| GLW volatility | |
|---|---|
| GLW Average Weekly Movement | 3.3% |
| Electronic Industry Average Movement | 6.3% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: GLW has not had significant price volatility in the past 3 months compared to the US market.
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$40.51b |
| Earnings (TTM) | US$156.00m |
| Revenue (TTM) | US$12.61b |
259.7x
P/E Ratio3.2x
P/S RatioIs GLW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GLW income statement (TTM) | |
|---|---|
| Revenue | US$12.61b |
| Cost of Revenue | US$8.37b |
| Gross Profit | US$4.25b |
| Other Expenses | US$4.09b |
| Earnings | US$156.00m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Jan 29, 2025
| Earnings per share (EPS) | 0.18 |
| Gross Margin | 33.66% |
| Net Profit Margin | 1.24% |
| Debt/Equity Ratio | 64.6% |
How did GLW perform over the long term?
See historical performance and comparisonDividends
2.4%
Current Dividend Yield612%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Corning Incorporated is covered by 46 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 |