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Ticker
GLW

Price
41.52
Stock movement up
+0.24 (0.58%)
Company name
Corning Incorporated
Exchange
(NYSE
,
Currency
USD
)
Sector
Technology >
Electronic Components
Market cap
35.55B
Ent value
50.79B
Price/Sales
2.82
Price/Book
3.10
Div yield
2.70%
Div growth
9.24%
Growth years
10
FCF payout
94.80%
Trailing P/E
227.88
Forward P/E
17.97
PEG
47.48
EPS growth
-9.80%
1 year return
34.28%
3 year return
7.36%
5 year return
14.94%
10 year return
6.38%
Last updated: 2025-04-17

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iO Charts is a Seeking Alpha partner

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.12
Dividend yield2.70%
Payout frequency-
Maximum yield4.53%
Average yield2.97%
Minimum yield2.06%
Discount to avg yield-10.18%
Upside potential-9.24%
Yield as % of max yield59.59%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield2.70%
Current yield distribution62.46%
Yield at 100% (Min)2.06%
Yield at 90%2.33%
Yield at 80%2.47%
Yield at 50% (Median)2.94%
Yield at 20%3.43%
Yield at 10%3.62%
Yield at 0% (Max)4.53%

Dividend per share

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Dividend per share data
Years of growth10 years
CCC statusDividend Contender
Dividend per share1.12
Payout frequency-
Ex-div date28 Feb 2025
EPS (TTM)0.18
EPS (1y forward)2.31
EPS growth (5y)-9.80%
EPS growth (5y forward)4.80%

Dividend growth

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Dividend growth data
GLWS&P500
DGR MR3.70%-13.74%
DGR TTM-6.60%
DGR 3 years8.37%5.24%
DGR 5 years9.24%5.40%
DGR 10 years11.13%7.07%
DGR 15 years12.17%6.12%
Time since last change announced801 days
EPS growth (5y)-9.80%
EPS growth (5y forward)4.80%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM631.41%94.80%
Average--
Forward48.47%-

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E227.88
Price to OCF17.52
Price to FCF34.22
Price to EBITDA22.36
EV to EBITDA31.94

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.82
Price to Book3.10
EV to Sales4.03

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iO Charts is a Seeking Alpha partner

FINANCIALS

Per share

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Per share data
Current share count856.21M
EPS (TTM)0.18
FCF per share (TTM)1.22

Income statement

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Income statement data
Revenue (TTM)12.61B
Gross profit (TTM)3.94B
Operating income (TTM)987.00M
Net income (TTM)156.00M
EPS (TTM)0.18
EPS (1y forward)2.31

Margins

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Margins data
Gross margin (TTM)31.28%
Operating margin (TTM)7.83%
Profit margin (TTM)1.24%

Balance Sheet

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Balance Sheet data
Cash1.61B
Net receivables1.99B
Total current assets7.68B
Goodwill2.39B
Intangible assets814.00M
Property, plant and equipment29.20B
Total assets28.32B
Accounts payable1.56B
Short/Current long term debt8.34B
Total current liabilities4.64B
Total liabilities16.86B
Shareholder's equity11.47B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)2.03B
Capital expenditures (TTM)990.00M
Free cash flow (TTM)1.04B
Dividends paid (TTM)985.00M

Financial returns

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Financial returns data
Return on Equity1.36%
Return on Assets0.55%
Return on Invested Capital0.82%
Cash Return on Invested Capital5.48%
March 12, 2025

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STOCK INFORMATION

Stock chart

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Stock price data
Open41.64
Daily high42.04
Daily low41.30
Daily Volume4.98M
All-time high113.10
1y analyst estimate52.28
Beta1.03
EPS (TTM)0.18
Dividend per share1.12
Ex-div date28 Feb 2025
Next earnings date28 Apr 2025

Downside potential

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Downside potential data
GLWS&P500
Current price drop from All-time high-63.29%-14.12%
Highest price drop-99.03%-56.47%
Date of highest drop8 Oct 20029 Mar 2009
Avg drop from high-60.85%-11.07%
Avg time to new high57 days12 days
Max time to new high6193 days1805 days

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

COMPANY DETAILS
GLW (Corning Incorporated) company logo
Marketcap
35.55B
Marketcap category
Large-cap
Description
Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are 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, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. The company's Specialty Materials segment manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for various markets comprising mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Its Environmental Technologies segment provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products, including consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Pyrex, Falcon, 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
49800
SEC filings
CEO
Wendell Weeks
Country
USA
City
Corning
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
No events found

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

UNDERSTAND THE BUSINESS
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