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

GLW

37.91
+0.09 (0.24%)
Corning Incorporated (NYSE, USD)
Technology >
Electronic Components
Market cap
32.27B
Ent value
45.99B
Price/Sales
2.86
Price/Book
2.38
Div yield
2.53%
Div growth
12.89%
Growth years
10
FCF payout
98.01%
Trailing P/E
63.04
Forward P/E
15.86
PEG
13.13
EPS growth
-9.20%
1 year return
9.57%
3 year return
5.39%
5 year return
10.10%
10 year return
10.83%
Last updated: 2021-10-19

STOCK INFORMATION

Stock chart

Loading...
Stock price data
Open38.06
Daily high38.19
Daily low37.72
Daily Volume2.59M
All-time high113.33
1y analyst estimate48.82
Beta1.16
EPS (TTM)0.67
Dividend per share0.96
Ex-div date30 Aug 2021
Next earnings date26 Oct 2021

Downside potential

Loading...
Downside potential data
GLWS&P500
Current price drop from All-time high-66.55%-0.56%
Highest price drop-99.03%-56.47%
Date of highest drop8 Oct 20029 Mar 2009
Avg drop from high-60.21%-11.45%
Avg time to new high55 days12 days
Max time to new high5316 days1805 days

DIVIDENDS

Dividend yield - 5y

Loading...
Dividend yield data
Dividend per share0.96
Dividend yield2.53%
Payout frequencyQuarterly
Maximum yield4.96%
Average yield2.56%
Minimum yield1.92%
Discount to avg yield-1.29%
Upside potential-1.28%
Yield as % of max yield51.08%

Yield distribution (inverse percentile) - 5y

Loading...
Yield distribution data
Dividend yield2.53%
Current yield distribution44.13%
Yield at 100% (Min)1.92%
Yield at 90%2.11%
Yield at 80%2.20%
Yield at 50% (Median)2.49%
Yield at 20%2.74%
Yield at 10%3.08%
Yield at 0% (Max)4.96%

Dividend per share

Loading...
Dividend per share data
Years of growth10 years
CCC statusDividend Contender
Dividend per share0.96
Payout frequencyQuarterly
Ex-div date30 Aug 2021
EPS (TTM)0.67
EPS (1y forward)2.39
EPS growth (5y)-9.20%
EPS growth (5y forward)4.80%

Dividend growth

Loading...
Please create a free account or log in to access this chart
Dividend growth data
GLWS&P500
DGR MR9.09%7.68%
DGR TTM9.30%-2.66%
DGR 3 years12.38%5.82%
DGR 5 years12.89%6.23%
DGR 10 years15.97%9.64%
DGR 15 years-6.71%
Time since last change announced259 days
EPS growth (5y)-9.20%
EPS growth (5y forward)4.80%

Payout ratio

Loading...
Please create a free account or log in to access this chart
Payout ratio data
EPS coverageFCF coverage
TTM153.71%98.01%
Average--
Forward40.17%-

VALUATION

Valuation Ratios

Loading...
Valuation Ratios data
Trailing P/E63.04
Price to OCF14.80
Price to FCF40.19
Price to EBITDA15.06
EV to EBITDA21.46

Valuation (Sales/Book Value)

Loading...
Valuation (Sales/Book Value) data
Price to Sales2.86
Price to Book2.38
EV to Sales4.07

FINANCIALS

Per share

Loading...
Per share data
Current share count851.36M
EPS (TTM)0.67
FCF per share (TTM)1.05

Income statement

Loading...
Income statement data
Revenue (TTM)11.30B
Gross profit (TTM)3.53B
Operating income (TTM)509.00M
Net income (TTM)512.00M
EPS (TTM)0.67
EPS (1y forward)2.39

Margins

Loading...
Margins data
Gross margin (TTM)31.24%
Operating margin (TTM)4.50%
Profit margin (TTM)4.53%

Balance Sheet

Loading...
Please create a free account or log in to access this chart
Balance Sheet data
Cash2.87B
Net receivables1.90B
Total current assets8.10B
Goodwill2.43B
Intangible assets1.26B
Property, plant and equipment15.36B
Total assets30.14B
Accounts payable1.27B
Short/Current long term debt7.80B
Total current liabilities3.51B
Total liabilities16.59B
Shareholder's equity13.56B
Net tangible assets7.38B

Cash flow

Loading...
Please create a free account or log in to access this chart
Cash flow data
Operating cash flow (TTM)2.18B
Capital expenditures (TTM)1.38B
Free cash flow (TTM)803.00M
Dividends paid (TTM)787.00M

Financial returns

Loading...
Please create a free account or log in to access this chart
Financial returns data
Return on Equity3.81%
Return on Assets1.66%
Return on Invested Capital2.39%
Cash Return on Invested Capital3.75%
COMPANY DETAILS
GLW (Corning Incorporated) company logo
Marketcap
32.27B
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 for various carrier network applications. This segment also offers operator-grade distributed antenna systems; optical network evolution wireless platform; subscriber demarcation, connection and protection devices, various digital subscriber line passive solutions, and outside plant enclosures; and coaxial RF interconnects for the cable television industry and microwave applications. The company's Environmental Technologies segment offers ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. Its Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics, and fluoride crystals. The company's Life Sciences segment offers laboratory products comprising consumables, such as plastic vessels, 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
50110
SEC filings
CEO
Wendell Weeks
Country
USA
City
Corning
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
Loading...
UNDERSTAND THE BUSINESS
Loading...
COMPANY NEWS
All newsPress releases
October 19, 2021
Corning (GLW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
October 16, 2021
The main point of investing for the long term is to make money. Better yet, you'd like to see the share price move up...
October 12, 2021
Corning (GLW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
October 12, 2021
Texas Instruments, UMC, and Corning could all cushion the blow of a market crash with their stable growth and reliable dividends.
October 6, 2021
CORNING, N.Y., Oct. 06, 2021 (GLOBE NEWSWIRE) -- Corning Incorporated’s (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.24 per share on the company’s common stock. The dividen...
October 5, 2021
The Copper Armor paint has been proven to kill 99.9% of bacteria and viruses, including SARS-CoV-2, the virus that causes Covid-19.
October 5, 2021
Last year we predicted the arrival of the first US recession since 2009 and we told in advance that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In the...
September 30, 2021
While Corning (GLW) will invest $150 million in its Catawba County facility in North Carolina to augment fiber production for AT&T, Telefonica (TEF) will migrate most of its database systems to Oracle...
September 29, 2021
In addition to generating about 200 jobs initially, the investment by Corning (GLW) is likely to help AT&T increase its fiber footprint across the country and scale up its broadband network connectivi...
September 28, 2021
Investments in fiber network capacity and job creation to strengthen AT&T’s position as a leading broadband providerCORNING, N.Y., Sept. 28, 2021 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) t...
Next page