GLW - Corning Incorporated
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Short-term KST
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 31.04 |
| Open | 31.12 |
| Bid | 31.49 x 1400 |
| Ask | 31.91 x 1200 |
| Day's Range | 31.12 - 31.71 |
| 52 Week Range | 28.98 - 37.73 |
| Volume | |
| Avg. Volume | 4,399,093 |
| Market Cap | 26.805B |
| Beta (5Y Monthly) | 1.06 |
| PE Ratio (TTM) | 29.75 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.12 (3.55%) |
| Ex-Dividend Date | May 30, 2023 |
| 1y Target Est | N/A |
Fair Value
Related Research
- GlobeNewswire
Corning Announces Price Increase for Display Glass Products
Corning, N.Y., May 23, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) is announcing a 20% increase to its display glass substrate prices. The global price increase will impact all regions, compositions, and glass Gen sizes beginning in the third quarter of 2023. This price adjustment is intended to offset ongoing elevated costs in energy, raw materials, and other non-yen denominated operational expenses during this period of extended inflation which has impacted many global industries
- GlobeNewswire
Corning Announces Quarterly Dividend
CORNING, N.Y., April 27, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated’s (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.28 per share. The dividend will be payable on June 29, 2023, to shareholders of record on May 31, 2023. Caution Concerning Forward-Looking StatementsThe statements contained in this release and related comments by management that are not historical facts or information and contain words such as “will,” “believe,” “anticipate,” “expect,” “intend,” “plan
- GlobeNewswire
Corning Reports First-Quarter 2023 Financial Results
First-quarter sales and EPS were as expected, reflecting the impact of anticipated recession-level demand in several key markets and overall weakness in China; Pricing and productivity-improvement actions drove sequential increases in both gross and operating margin percentages despite lower sales; Display Technologies’ volume increased late in the quarter as conditions improved and panel maker utilization resumed its recovery; Management expects second-quarter improvement in sales, profitabilit
- GlobeNewswire
Corning and Memorial Sloan Kettering Cancer Center Announce Health Equity Fellowship to Explore Disparities in Cancer Outcomes
Fellowship recipient Dr. Francisco Sanchez-Vega will research factors that lead to negative colorectal cancer outcomes in Black communitiesCORNING, N.Y., April 13, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) and Memorial Sloan Kettering Cancer Center (MSK) announced today that Dr. Francisco Sanchez-Vega, Ph.D., has been awarded the Corning-MSK Health Equity Research Fellowship, a two-year grant that funds research into the broad disparities in cancer outcomes for patients in histor
- GlobeNewswire
Corning Incorporated Named ENERGY STAR Partner of the Year for 10th Year in a Row
The achievement marks a decade of recognition by the U.S. EPA for effective energy management practicesCORNING, N.Y., March 30, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE:GLW) has been named an ENERGY STAR Partner of the Year by the U.S. Environmental Protection Agency (EPA) for the 10th consecutive year. The award highlights the company’s ongoing commitment to energy efficiency and the effectiveness of its energy management programs. Only 10 companies have consistently achieved ENERGY
- GlobeNewswire
Corning’s New EDGE™ Distribution System Accelerates Data Center Cabling Installation by up to 70%
The pre-engineered solution helps meet demand for information processing in the cloud – simplifying installation, lowering overall costs, and reducing carbon footprintCORNING, N.Y., March 03, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE:GLW), a global leader in optical communications innovations, today unveiled its newest connectivity solution, the EDGE™ Distribution System. Designed to meet the ever-growing demand for information processing in the cloud, this pre-engineered data center s
- GlobeNewswire
Corning Announces Increase in Quarterly Dividend
CORNING, N.Y., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated’s (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.28 per share, a 3.7% increase versus the company’s previous quarterly common stock dividend of $0.27. The dividend will be payable on March 30, 2023, to shareholders of record on Feb. 28, 2023. Edward Schlesinger, Corning’s executive vice president and chief financial officer, commented, “Today’s dividend announcement reflects Corning’s confidence that
- GlobeNewswire
Corning Reports Fourth-Quarter and Full-Year 2022 Financial Results
The company grew 2022 sales and EPS, building on a strong 2021 and demonstrating strategic resilience in a challenging external environment; Optical Communications and Hemlock and Emerging Growth Businesses delivered double-digit year-over-year sales growth, and Display Technologies maintained stable pricing; For first-quarter 2023, management expects sales to be impacted by pandemic-related disruptions in China, with core sales in the range of $3.2 billion to $3.4 billion and core EPS in the ra
- GlobeNewswire
Corning® Gorilla® Glass Victus® 2 Plays Key Role in the Design of Samsung Electronics’ Next Galaxy Flagship Smartphones
Samsung’s next Galaxy flagship smartphones will be the first to use Corning’s latest generation of Gorilla Glass, which delivers improved drop performance on rough surfaces like concreteCORNING, N.Y., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced that Samsung Electronics Co., Ltd. will use Corning® Gorilla® Glass Victus® 2 as part of their next generation of Galaxy flagship smartphones. Gorilla Glass Victus 2’s new glass composition delivers improved drop per
- GlobeNewswire
Corning Redefines Tough with Corning® Gorilla® Glass Victus® 2
The Newest Gorilla Glass Better Survives Drops on Rougher Surfaces, Like ConcreteCORNING, N.Y., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today unveiled its newest glass innovation, Corning® Gorilla® Glass Victus® 2. Corning continues to push the boundaries of glass by expanding its Corning® Gorilla® Glass portfolio. With a new glass composition, Gorilla Glass Victus 2 delivers improved drop performance on rough surfaces like concrete, the world’s most abundantly enginee
- GlobeNewswire
Corning Reports Third-Quarter Results Highlighted by Optical Communications and Solar Sales Growth
Core sales increased 1% year over year as secular growth initiatives and “More Corning” approach offset lower Display Technologies volume; Panel maker utilization declined further to a level that management believes to be the correction low point; display glass price remained consistent; Free cash flow of $866 million for the first nine months of 2022 keeps Corning on pace for another year of healthy cash generationCORNING, N.Y., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW)
- GlobeNewswire
Corning Receives Nearly $104 Million in Additional Funding from BARDA for Planned Domestic Glass Tubing and Vial Manufacturing
CORNING, N.Y., Sept. 15, 2022 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced it will receive $103.8 million in additional funding from the U.S. Department of Health and Human Services’ Biomedical Advanced Research and Development Authority (BARDA) in partnership with the Department of Defense’s Joint Program Executive Office for Chemical, Biological, Radiological and Nuclear Defense and Army Contracting Command (JPEO-CBRND). The funding will support Corning’s planned manufa
- GlobeNewswire
Corning Opens Optical Fiber Manufacturing Plant in Poland to Meet Growing Demand for High-Speed Connectivity in Europe
The facility is one of the largest in the European Union; part of Corning’s globally focused investment in fiber and cable manufacturingCORNING, N.Y., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today formally opened a new optical fiber manufacturing facility in Mszczonów, Poland, to meet growing demand for high-speed connectivity in the European Union and surrounding regions. The facility, one of the largest optical fiber plants in the European Union, is Corning’s latest
- GlobeNewswire
Corning Announces New Optical Cable Manufacturing Facility Supported by AT&T and Record Industry Broadband Demand
Additional U.S. manufacturing capabilities will create American jobs to meet multi-year wave of growth for fiber-based networks and help connect the unconnectedCORNING, N.Y., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) announced today that it is expanding manufacturing capacity for optical cable, based on a long-term relationship with AT&T (NYSE: T), the nation’s largest fiber internet provider1 , as the carrier expands its fiber service. Corning will build a new cable man
- GlobeNewswire
Corning Reports Strong Second-Quarter Results Highlighted by Continued Growth and Improved Profitability
Core sales grew 7% year over year to $3.8 billion and core EPS increased 8% year over year to $0.57; Optical Communications sales grew 22% year over year; Second-quarter free cash flow was $440 million, keeping the company on pace for another year of strong cash generation; Management now expects full-year core sales to slightly exceed $15 billion, growing 6% to 8%CORNING, N.Y., July 26, 2022 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced second-quarter 2022 results and pro
- GlobeNewswire
5E Advanced Materials Signs Letter of Intent With Corning Incorporated
HIGHLIGHTS 5E signs Letter of Intent with Corning Inc. to supply boron specialty materials5E to collaborate with Corning to develop and supply boron advanced materialsCorning is a Fortune 300 company and one of the largest technical glass manufacturers in the world, supplying precision glass to some of the world’s most innovative and influential companies, including leading consumer electronics manufacturersLOI aligns with 5E’s strategy to become a global thought leader and supplier of boron spe
