Corning Stock Price, News & Analysis (NYSE:GLW)

Corning trades on the New York Stock Exchange (NYSE) under the ticker symbol "GLW."

Corning announced a quarterly dividend on Thursday, September 26th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.20 per share on Friday, December 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date of this dividend is Thursday, November 14th. View Corning's Dividend History.

Corning Incorporated (NYSE:GLW) released its quarterly earnings data on Tuesday, July, 30th. The electronics maker reported $0.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.44 by $0.01. The electronics maker earned $2.94 billion during the quarter, compared to analyst estimates of $2.97 billion. Corning had a return on equity of 15.60% and a net margin of 12.78%. The business's revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.38 EPS. View Corning's Earnings History.

Corning is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Corning.

Corning will be holding an earnings conference call on Tuesday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

12 analysts have issued 12-month target prices for Corning's shares. Their predictions range from $30.00 to $42.00. On average, they anticipate Corning's stock price to reach $34.00 in the next year. This suggests a possible upside of 15.2% from the stock's current price. View Analyst Price Targets for Corning.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corning in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Corning.

News articles about GLW stock have been trending very positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Corning earned a daily sentiment score of 3.3 on InfoTrie's scale. They also gave press coverage about the electronics maker a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Corning.

Corning saw a increase in short interest in September. As of September 30th, there was short interest totalling 26,180,000 shares, an increase of 22.3% from the August 30th total of 21,410,000 shares. Based on an average daily volume of 5,750,000 shares, the days-to-cover ratio is presently 4.6 days. Approximately 3.4% of the shares of the stock are sold short. View Corning's Current Options Chain.

Some companies that are related to Corning include NTT Docomo (DCMYY), SoftBank Group (SFTBY), Intuit (INTU), T-Mobile Us (TMUS), KDDI CORP/ADR (KDDIY), VMware (VMW), Vodafone Group (VOD), Shopify (SHOP), America Movil SAB de CV ADR Series L (AMX), Uber Technologies (UBER), ServiceNow (NOW), Micron Technology (MU), Applied Materials (AMAT), Infosys (INFY) and Relx (RELX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Corning investors own include Intel (INTC), General Electric (GE), Cisco Systems (CSCO), AT&T (T), Micron Technology (MU), NVIDIA (NVDA), Bank of America (BAC), Walt Disney (DIS), Johnson & Johnson (JNJ) and Ford Motor (F).

Corning's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Cacti Asset Management LLC (0.22%), Foundation Resource Management Inc. (0.09%), Gateway Investment Advisers LLC (0.08%), State of Alaska Department of Revenue (0.03%), O Keefe Stevens Advisory Inc. (0.03%) and Gulf International Bank UK Ltd (0.03%). Company insiders that own Corning stock include Christine M Pambianchi, Clark S Kinlin, David L Morse, Deborah Rieman, Edward A Schlesinger, Eric S Musser, Hansel E Tookes II, John A Canning Jr, Lawrence D Mcrae, Lewis A Steverson, Mark S Rogus, R Tony Tripeny and Wendell P Weeks. View Institutional Ownership Trends for Corning.

GLW stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Gateway Investment Advisers LLC, Decatur Capital Management Inc., Private Trust Co. NA, CIBC Private Wealth Group LLC, Foundation Resource Management Inc., Neville Rodie & Shaw Inc. and Park National Corp OH. Company insiders that have sold Corning company stock in the last year include Christine M Pambianchi, Clark S Kinlin, David L Morse, Deborah Rieman, Eric S Musser, Lawrence D Mcrae, Lewis A Steverson and Wendell P Weeks. View Insider Buying and Selling for Corning.

GLW stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Verity & Verity LLC, Bristol John W & Co. Inc. NY, Assenagon Asset Management S.A., Chesley Taft & Associates LLC, IFG Advisors LLC, Clarus Wealth Advisors and Pacer Advisors Inc.. View Insider Buying and Selling for Corning.

Shares of GLW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of GLW stock can currently be purchased for approximately $29.52.

Corning has a market capitalization of $23.05 billion and generates $11.29 billion in revenue each year. The electronics maker earns $1.07 billion in net income (profit) each year or $1.78 on an earnings per share basis. Corning employs 51,500 workers across the globe.View Additional Information About Corning.

The official website for Corning is http://www.corning.com/.

Corning's mailing address is ONE RIVERFRONT PLAZA, CORNING NY, 14831. The electronics maker can be reached via phone at 607-974-9000 or via email at [email protected]