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GLW - Corning Inc Share Price

$37.94 -0.5  -1.2%

Last Trade - 4:35pm

Sector
Technology
Size
Large Cap
Market Cap £20.99bn
Enterprise Value £26.50bn
Revenue £7.99bn
Position in Universe 418th / 6713
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -0.38%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -1.35%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
9,111 9,390 10,116 11,290 11,503 11,303 12,530 13,392 +4.4%
-42.8 +231.7 +17.4 -9.5 +37.5 +14.4
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, CorningIncorporated revenues decreased 2% to $11.3B. Net incomeapplicable to common stockholders decreased 52% to $414M.Revenues reflect Optical Communications segment decrease of12% to $3.56B, Environmental Technologies segment decreaseof 9% to $1.37B, United States segment decrease of 9% to$3.41B, South Korea segment decrease of 29% to $748M.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for GLW
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Corning Incorporated is engaged in manufacturing specialty glass and ceramics. The Company's segments include Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, Life Sciences and All Other. The Display Technologies segment manufactures glass substrates for flat panel liquid crystal displays and other high-performance display panels. The Optical Communications segment manufactures carrier network and enterprise network components for the telecommunications industry. The Specialty Materials segment manufactures products that provide more than 150 material formulations for glass, glass ceramics and fluoride crystals. The Environmental Technologies segment manufactures ceramic substrates and filters for automotive and diesel applications. The Life Sciences segment manufactures glass and plastic labware, equipment, media, serum and reagents enabling workflow solutions for drug discovery and bioproduction.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated December 24, 1936
Public Since May 21, 1945
No. of Shareholders: 515,000
No. of Employees: 50,110
Sector Technology
Industry Electronic Equipments & Parts
Index S&P 500 Information Technology (sector), S&P Composite 1500 , S&P 500 ,
Exchange New York Stock Exchange
Shares in Issue 768,367,889
Free Float (0.0%)
Eligible for
ISAs
SIPPs
GLW Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for GLW
Upcoming Events for GLW
Monday 26th April, 2021 Estimate
Q1 2021 Corning Inc Earnings Release
Frequently Asked Questions for Corning Inc
What is the Corning Inc share price?

As of 4:35pm, shares in Corning Inc are trading at $37.94, giving the company a market capitalisation of £20.99bn. This share price information is delayed by 15 minutes.

How has the Corning Inc share price performed this year?

Shares in Corning Inc are currently trading at $37.94 and the price has moved by 50.19% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Corning Inc price has moved by 20.59% over the past year.

What are the analyst and broker recommendations for Corning Inc?

Of the analysts with advisory recommendations for Corning Inc, there are there are currently 4 "buy" , 6 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Corning Inc is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Corning Inc next release its financial results?

Corning Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Corning Inc dividend yield?

The Corning Inc dividend yield is 2.28% based on the trailing twelve month period.

Does Corning Inc pay a dividend?

Last year, Corning Inc paid a total dividend of 0.88, and it currently has a trailing dividend yield of 2.28%. Looking ahead, shares in Corning Inc are due to go ex-dividend on 2021-02-25 and the next dividend pay date is 2021-03-30.

When does Corning Inc next pay dividends?

Corning Inc are due to go ex-dividend on 2021-02-25 and the next dividend pay date is 2021-03-30. The historic dividend yield on Corning Inc shares is currently 2.28%.

How do I buy Corning Inc shares?

To buy shares in Corning Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Corning Inc?

Shares in Corning Inc are currently trading at $37.94, giving the company a market capitalisation of £20.99bn.

Where are Corning Inc shares listed? Where are Corning Inc shares listed?

Here are the trading details for Corning Inc:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: GLW
What kind of share is Corning Inc?

Based on an overall assessment of its quality, value and momentum, Corning Inc is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Corning Inc share price forecast 2021?

Shares in Corning Inc are currently priced at $37.94. At that level they are trading at 6.81% premium to the analyst consensus target price of 0.00.

Analysts covering Corning Inc currently have a consensus Earnings Per Share (EPS) forecast of 1.859 for the next financial year.

How can I tell whether the Corning Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Corning Inc. Over the past six months, the relative strength of its shares against the market has been 6.67%. At the current price of $37.94, shares in Corning Inc are trading at 19.49% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Corning Inc PE Ratio?

The Corning Inc PE ratio based on its reported earnings over the past 12 months is 28.57. The shares are currently trading at $37.94.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Corning Inc?

Corning Inc's management team is headed by:

Wendell Weeks - CHM
R. Tony Tripeny - CFO
Lawrence McRae - VCH
Eric Musser - PRE
Robert Cummings - IND
Richard Clark - LED
Stephanie Burns - IND
Jeffrey Evenson - EVP
David Morse - EVP
Lewis Steverson - EVP
Donald Blair - IND
James Clappin - EVP
Clark Kinlin - EVP
Martin Curran - EVP
Leslie Brun - IND
Who are the major shareholders of Corning Inc?

Here are the top five shareholders of Corning Inc based on the size of their shareholding:

The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 11.02% (84.7m shares)
Wellington Management Company, LLP Investment Advisor/Hedge Fund
Percentage owned: 6.46% (49.6m shares)
State Street Global Advisors (US) Investment Advisor/Hedge Fund
Percentage owned: 5.07% (38.9m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 4.9% (37.6m shares)
Vanguard Total Stock Market Index Fund Mutual Fund
Percentage owned: 2.81% (21.6m shares)
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