Corning Incorporated stock page - price, fundamentals, dividends - iOCharts

Ticker
GLW

Price
31.91
Stock movement up
+0.40 (1.27%)
Company name
Corning Incorporated
Exchange
(NYSE
,
Currency
USD
)
Sector
Technology >
Electronic Components
Market cap
26.95B
Ent value
42.56B
Price/Sales
1.86
Price/Book
2.13
Div yield
3.38%
Div growth
12.20%
Growth years
10
FCF payout
59.72%
Trailing P/E
14.28
Forward P/E
12.09
PEG
2.97
EPS growth
-9.20%
1 year return
-22.32%
3 year return
-1.81%
5 year return
0.99%
10 year return
9.89%
Last updated: 2022-07-01

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.08
Dividend yield3.38%
Payout frequencyQuarterly
Maximum yield4.96%
Average yield2.65%
Minimum yield1.92%
Discount to avg yield21.76%
Upside potential27.80%
Yield as % of max yield68.27%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield3.38%
Current yield distribution6.59%
Yield at 100% (Min)1.92%
Yield at 90%2.13%
Yield at 80%2.25%
Yield at 50% (Median)2.57%
Yield at 20%2.93%
Yield at 10%3.19%
Yield at 0% (Max)4.96%

Dividend per share

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Dividend per share data
Years of growth10 years
CCC statusDividend Contender
Dividend per share1.08
Payout frequencyQuarterly
Ex-div date30 Aug 2022
EPS (TTM)2.19
EPS (1y forward)2.64
EPS growth (5y)-9.20%
EPS growth (5y forward)4.80%

Dividend growth

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Dividend growth data
GLWS&P500
DGR MR12.50%15.44%
DGR TTM11.70%7.80%
DGR 3 years10.06%3.88%
DGR 5 years12.20%4.73%
DGR 10 years15.61%8.30%
DGR 15 years-5.82%
Time since last change announced152 days
EPS growth (5y)-9.20%
EPS growth (5y forward)4.80%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM47.19%59.72%
Average--
Forward40.91%-

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E14.28
Price to OCF8.36
Price to FCF18.06
Price to EBITDA6.54
EV to EBITDA10.33

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales1.86
Price to Book2.13
EV to Sales2.94

FINANCIALS

Per share

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Per share data
Current share count844.61M
EPS (TTM)2.19
FCF per share (TTM)1.73

Income statement

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Income statement data
Revenue (TTM)14.47B
Gross profit (TTM)5.19B
Operating income (TTM)2.18B
Net income (TTM)1.89B
EPS (TTM)2.19
EPS (1y forward)2.64

Margins

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Margins data
Gross margin (TTM)35.86%
Operating margin (TTM)15.06%
Profit margin (TTM)13.05%

Balance Sheet

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Balance Sheet data
Cash2.02B
Net receivables1.91B
Total current assets7.86B
Goodwill2.41B
Intangible assets1.12B
Property, plant and equipment0.00
Total assets30.26B
Accounts payable1.85B
Short/Current long term debt7.73B
Total current liabilities5.06B
Total liabilities17.63B
Shareholder's equity12.63B
Net tangible assets12.39B

Cash flow

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Cash flow data
Operating cash flow (TTM)3.22B
Capital expenditures (TTM)1.73B
Free cash flow (TTM)1.49B
Dividends paid (TTM)891.00M

Financial returns

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Financial returns data
Return on Equity14.95%
Return on Assets6.24%
Return on Invested Capital9.64%
Cash Return on Invested Capital7.62%

STOCK INFORMATION

Stock chart

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Stock price data
Open31.82
Daily high31.94
Daily low30.70
Daily Volume4.44M
All-time high113.10
1y analyst estimate43.91
Beta0.92
EPS (TTM)2.19
Dividend per share1.08
Ex-div date30 Aug 2022
Next earnings date25 Jul 2022

Downside potential

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Downside potential data
GLWS&P500
Current price drop from All-time high-71.79%-20.19%
Highest price drop-99.03%-56.47%
Date of highest drop8 Oct 20029 Mar 2009
Avg drop from high-60.26%-11.36%
Avg time to new high52 days12 days
Max time to new high5492 days1805 days
COMPANY DETAILS
GLW (Corning Incorporated) company logo
Marketcap
26.95B
Marketcap category
Large-cap
Description
Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment offers glass substrates for liquid crystal displays and organic light-emitting diodes 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, including cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories. This segment also offers its products to businesses, governments, and individuals. Its Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics, crystals, precision metrology instruments, software; as well as ultra-thin and ultra-flat glass wafers, substrates, tinted sunglasses, and radiation shielding products. This segment serves various industries, including mobile consumer electronics, semiconductor equipment optics and consumables; aerospace and defense optics; radiation shielding products, sunglasses, and telecommunications components. The company's Environmental Technologies segment offers ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products comprising consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware and equipment under the Corning, Falcon, Pyrex, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.
Employees
61200
SEC filings
CEO
Wendell Weeks
Country
USA
City
Corning
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
All newsPress releases
CORNING, N.Y., June 29, 2022 (GLOBE NEWSWIRE) -- Corning Incorporated’s (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.27 per share on the company’s common stock. The dividen...
June 29, 2022
With its stock down 16% over the past three months, it is easy to disregard Corning (NYSE:GLW). However, the company's...
June 20, 2022
Don't dismiss some names as potential income investments just because they seem like they're in the "wrong sector."
June 17, 2022
In the latest trading session, Corning (GLW) closed at $35.84, marking a -0.14% move from the previous day.
June 7, 2022
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 ...
June 6, 2022
Today we will run through one way of estimating the intrinsic value of Corning Incorporated ( NYSE:GLW ) by taking the...
June 6, 2022
Corning (GLW) closed at $35.44 in the latest trading session, marking a -1.06% move from the prior day.
June 1, 2022
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
June 1, 2022
Tech stocks to buy is our topic today. A lot of these names are on sale these days, after growth and tech shares have experienced significant declines during the first half of 2022. For instance, the ...
June 1, 2022
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May 31, 2022
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