$37.94 -0.5 -1.2%
Last Trade - 4:35pm
| Market Cap | £20.99bn |
| Enterprise Value | £26.50bn |
| Revenue | £7.99bn |
| Position in Universe | 418th / 6713 |
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| 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 | |||||
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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.
| 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
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| Address | 1 Riverfront Plz, CORNING, 14831-0001, United States |
| Web | https://www.corning.com/ |
| Phone | +1 607 9749000 |
| Contact | Ann Nicholson (Vice President Investor Relations) |
| Auditors | PricewaterhouseCoopers LLP |
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.
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.
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.
Corning Inc is scheduled to issue upcoming financial results on the following dates:
The Corning Inc dividend yield is 2.28% based on the trailing twelve month period.
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.
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%.
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.
Shares in Corning Inc are currently trading at $37.94, giving the company a market capitalisation of £20.99bn.
Here are the trading details for 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.
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.
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.
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.
Corning Inc's management team is headed by:
Here are the top five shareholders of Corning Inc based on the size of their shareholding:
