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Corning Incorporated (NYSE:GLW)
Stock Analysis

GLW34.82
▲ 1.34%0.46

Stock Analysis

The following stock analysis is based on 10.4 years of data (i.e. since Oct 31, 2012). All the stock history has been downloaded.

Stock Exchange

Corning Incorporated trades on the NYSE exchange in USD dollars.

Sector

It is in the sector.

Current Status of Corning Incorporated

It is currently trading at $34.82 ($34.36 the previous day).It pays a 3.14% dividend.

Financials

The next reporting date is in 25 days (2023 04 25).

CNN estimates profits for the upcoming quarter will be $0.39 per share ($3.3B). The current Canada / US exchange rate is 1.3515.



Over the past 12 months, $0 worth of shares have been purchased and $8954820 worth of shares have been sold by insiders.

Will This Trend Continue?

The year over year average increase is 3.4% per year assuming steady exponential growth. The actual 5 year average is 3.38. Details on the individual increase in one year intervals is provided below.

Past PerformanceAverage PricePercent Change
1 year33.855325-17.5- Below Average
2 year41.01630641025627.1+ Above Average
3 year32.272357.8+ Above Average
4 year29.930972222222-4.3- Below Average
5 year31.2882129277573.8+ Above Average
Corning Incorporated is projected by analysts to get to $38.50 within the next 12 months (10.6%), but preticted targets range from as high as $42.00 (20.6%) and as low as $32(-8.1%).

Risk

The worst drop it has had in recent years is -47.2%. It has a shape to the stock curve, which means

Stock shape test

DAYS AG0PRICE
1035.27DROPPING
3034.61RISING
6036.07DROPPING
15032.16RISING
36538.02DROPPING
80036.95RISING
120027.69RISING
160033.38DROPPING
200030.16RISING


With an average increase of 3.4% year over year, if Corning Incorporated is bought at the worst time, Stockmarketizer analysts estimate it will take 166.6 months before the stock will recover to the original purchase price. The P/E value is 22.61.

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Yahoo News Feed

Corning (GLW) Sets Up Manufacturing Campus in North Carolina

Thu, 30 Mar 2023 15:01:03 Corning (GLW) launched an optical cable manufacturing hub to enhance network operators' capabilities and ensure high-speed fiber broadband connectivity to under served communities.... Read Full Article

Corning Incorporated Named ENERGY STAR Partner of the Year for 10th Year in a Row

Thu, 30 Mar 2023 11:51:00 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....... Read Full Article

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When Should You Buy Corning Incorporated (NYSE:GLW)?

Mon, 27 Mar 2023 19:53:24 Today we're going to take a look at the well-established Corning Incorporated ( NYSE:GLW ). The company's stock...... Read Full Article

Micron (MU) to Report Q2 Earnings: What's in the Offing?

Mon, 27 Mar 2023 11:01:11 Micron's (MU) Q2 performance is likely to have been hurt by customer inventory adjustment actions amid declining consumer spending and growing macroeconomic uncertainties.... Read Full Article

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Corning (GLW) Unveils Easily Deployable Data Center Solution

Mon, 06 Mar 2023 15:59:03 Corning (GLW) launched the New EDGE Distribution System to expedite and simplify server cabling installation and enhance the data center's capability to process larger information flow.... Read Full Article

Corning’s New EDGE™ Distribution System Accelerates Data Center Cabling Installation by up to 70%

Fri, 03 Mar 2023 13:14:00 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 ...... Read Full Article

Investing in Corning (NYSE:GLW) three years ago would have delivered you a 47% gain

Wed, 01 Mar 2023 11:27:33 By buying an index fund, you can roughly match the market return with ease. But many of us dare to dream of bigger...... Read Full Article

30 Best Stocks to Buy for Retirement

Sun, 12 Feb 2023 20:39:40 In this article, we discuss 30 best stocks to buy for retirement. You can skip our detailed and historical performance of dividend stocks, and go directly to read 10 Best Stocks to Buy for Retirement. Millions of American households are behindhand when ...... Read Full Article

Corning (NYSE:GLW) Will Pay A Larger Dividend Than Last Year At $0.28

Sun, 12 Feb 2023 12:05:20 The board of Corning Incorporated ( NYSE:GLW ) has announced that the dividend on 30th of March will be increased to...... Read Full Article

Corning (GLW) Rewards Shareholders With Modest Dividend Hike

Thu, 09 Feb 2023 14:11:02 A steady dividend payout with periodic increase is part of Corning's (GLW) long-term strategy to provide attractive risk-adjusted returns to its stockholders.... Read Full Article

Corning Announces Increase in Quarterly Dividend

Wed, 08 Feb 2023 16:21:00 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 ...... Read Full Article

Corning Incorporated (NYSE:GLW) Q4 2022 Earnings Call Transcript

Wed, 01 Feb 2023 20:53:11 Corning Incorporated (NYSE:GLW) Q4 2022 Earnings Call Transcript January 31, 2023 Operator: Welcome to the Corning Incorporated Fourth Quarter 2022 Earnings Call. . It is my pleasure to introduce to you, Ann Nicholson, Vice President of Investor Relations. Ann Nicholson : Thank you, Crystal, and ...... Read Full Article

Corning (NYSE:GLW) Shareholders Will Want The ROCE Trajectory To Continue

Wed, 01 Feb 2023 11:15:18 To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...... Read Full Article

Corning (GLW) Beats on Q4 Earnings Despite Lower Revenues

Tue, 31 Jan 2023 15:57:03 A challenging macroeconomic environment leads Corning (GLW) to record lower revenues year over year in fourth-quarter 2022.... Read Full Article

Corning Clocks 2% Core Sales Decline In Q4 Due To Pandemic Driven Ripple Effect; Introduces Pricing Actions To Drive Margins

Tue, 31 Jan 2023 14:29:14 Corning Inc (NYSE: GLW) reported a fourth-quarter FY22 core sales decline of 2% year-on-year to $3.63 billion, beating the consensus of $3.55 billion. Display Technologies sales declined 17% Y/Y to $783 million, driven by lower glass volume due to the industry correction in the ...... Read Full Article

Corning stock drops as its Q1 guidance disappoints

Tue, 31 Jan 2023 12:36:00 Corning Inc. (GLW) stock fell 2.5% in premarket trades Tuesday after the glass maker said it would fall short of Wall Street expectations for first-quarter revenue and profit. Corning said it expects first-quarter revenue of $3.2 billion to $3.4 billion, below the analyst ...... Read Full Article

Corning Reports Fourth-Quarter and Full-Year 2022 Financial Results

Tue, 31 Jan 2023 12:10:00 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, ...... Read Full Article

Corning® Gorilla® Glass Victus® 2 Plays Key Role in the Design of Samsung Electronics’ Next Galaxy Flagship Smartphones

Thu, 26 Jan 2023 13:00:00 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 ...... Read Full Article
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