Corning, Inc.

GLW

$31.22

+3.8% last 12 months

PRIMECAP Management Holding value: $275 Million Donald Yacktman Holding value: $37.2 Million Mario Gabelli Holding value: $9.86 Million Ken Griffin Holding value: $6.63 Million Ken Fisher Holding value: $332 Thousand Richard Pzena Holding value: $0 First Eagle Investments Holding value: $0 Baillie Gifford Holding value: $0 Steven Cohen Holding value: $0 Jeremy Grantham Holding value: $0 Jim Simons Holding value: $0 Joel Greenblatt Holding value: $0 Tom Russo Holding value: $0 Ray Dalio Holding value: $0 David Einhorn Holding value: $0 George Soros Holding value: $0

Market Cap

$26.6 Billion

The market capitalization is the market value of the company. It is the sum of the value of all outstanding shares.

52 Week Range

$28.02 - $36.16

The lowest and highest price in the last 52 weeks.

Price-Earnings Ratio

42.28x

The price-earnings ratio is the ratio between the price per share (stock price) and the earnings per share. It indicates the percentage of the price per share (stock price) that is generated in earnings in the last 12 months.

Dividends per Share

$1.10 (3.51%)

Dividends per share is the amount of dividends paid out to the shareholder of a single share in the last 12 months. The percentage indicates the ratio of the company's annual dividend compared to its current price per share (stock price).

Revenue & Earnings

Balance Sheet

Share Statistics

Compare to
Market
Industry
Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares. $26.6 Billion
Enterprise Value A measure of a company's total value. This includes market cap, cash, and debt. $32.7 Billion
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price. $1.10 (3.51%)
1 Year Return Profit or loss of share price change plus dividend yield. +7.3%
52-Week High Highest share price in the last 52 weeks. $36.16
52-Week Low Lowest share price in the last 52 weeks. $28.02
Beta Beta indicates the volatility of a stock compared to the market. Higher beta means more volatile and thus potentially higher risk and return. 0.97
Outstanding Shares The number of shares the company has issued and are held by stockholders. 853 Million
Avg 30 Day Volume The number of shares traded in the last 30 days. 3.11 Million

Valuation

Compare to
Market
Industry
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. 42.28
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued. -84.42
Earnings per Share Earnings divided by outstanding shares. Higher EPS indicates greater value. $0.73
Price to Sales Ratio Market cap divided by the revenue in the most recent year. 2.08
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company 2.4
Enterprise Value to Revenue Enterprise value divided by revenue 2.45
Enterprise Value to EBIT Enterprise Value divided by EBIT 34.26
Total Debt to Enterprise Value Total debt divided by enterprise value 0.23
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary. 0.67

Profitability

Compare to
Market
Industry
Revenue Revenue is the sum of all cash flow into the company. $13.3 Billion
Gross Profit Gross profit is the profit after subtracting the costs of making and selling its products or the costs of providing its services. It indicates the efficiency of using their resources to produce goods or services. $3.99 Billion
EBIT Earnings before tax and interest payments. $954 Million
Net Income Net Income is the profit after all expenses have been deducted from the total revenue. $629 Million
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability. 4.72%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago. -50.1%
Return on Equity Equity divided by market cap. 5.51%
Return on Assets Indicates a company's profitability in relation to its total assets. 2.20%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. 3.94%

Insider trades

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Q4 2022 Q1 2023 Q2 2023 Q3 2023

About Corning, Inc.

CEO: Wendell Weeks

Employees: 51,500

Industry: Bare Printed Circuit Board Manufacturing

Corning is one of the world's leading innovators in materials science, with a 169-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries. Corning's capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping our customers capture new opportunities in dynamic industries. Today, Corning's markets include optical communications, mobile consumer electronics, display, automotive, and life sciences.

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News

Corning Incorporated (NYSE:GLW) Stock Position Raised by Gateway Investment Advisers LLC

Corning Incorporated (NYSE:GLW) Stock Position Raised by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC lifted its stake in shares of Corning Incorporated (NYSE:GLW – Free Report) by 8.0% during the second quarter, Holdings Chann...

The AM Reporter The AM Reporter, 3 days ago
Corning Incorporated (NYSE:GLW) Stake Reduced by Ontario Teachers Pension Plan Board

Corning Incorporated (NYSE:GLW) Stake Reduced by Ontario Teachers Pension Plan Board

Ontario Teachers Pension Plan Board reduced its stake in shares of Corning Incorporated (NYSE:GLW – Free Report) by 31.9% in the first quarter, according to ...

The AM Reporter The AM Reporter, 17 days ago
Corning Incorporated (GLW) Citi''s 2023 Global Technology Conference (Transcript)

Corning Incorporated (GLW) Citi''s 2023 Global Technology Conference (Transcript)

Corning Incorporated (NYSE:NYSE:GLW) Citi''s 2023 Global Technology Conference Call September 7, 2023 8:15 AM ETCompany ParticipantsJeffrey Evenson - Executi...

Seeking Alpha Seeking Alpha, 18 days ago
Corning to set up 934 crore Gorilla glass manufacturing facility in Telangana

Corning to set up 934 crore Gorilla glass manufacturing facility in Telangana

The proposed facility of theNew York-basedFortune 500 materials science companywill manufacture cover glass for market leaders in the smartphone industry

The Hindu BusinessLine The Hindu BusinessLine, 23 days ago
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