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 Wednesday, July 17th. Investors of record on Friday, August 30th will be paid a dividend of $0.20 per share on Monday, September 30th. This represents a $0.80 annualized dividend and a yield of 2.88%. The ex-dividend date is Thursday, August 29th. View Corning's Dividend History.

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

Corning is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Corning.

11 analysts have issued 1 year price objectives for Corning's shares. Their forecasts range from $30.00 to $42.00. On average, they expect Corning's stock price to reach $35.20 in the next year. This suggests a possible upside of 26.8% from the stock's current price. View Analyst Price Targets for Corning.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corning in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Corning.

News stories about GLW stock have been trending negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Corning earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned news articles about the electronics maker a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Corning.

Corning saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 22,530,600 shares, an increase of 7.9% from the July 31st total of 20,879,200 shares. Based on an average daily trading volume, of 5,240,000 shares, the days-to-cover ratio is presently 4.3 days. Currently, 2.9% of the shares of the company are sold short. View Corning's Current Options Chain.

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

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 number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.04%), BlackRock Inc. (6.79%), BlackRock Inc. (6.79%), Price T Rowe Associates Inc. MD (3.12%), Primecap Management Co. CA (1.98%) and Bank of New York Mellon Corp (1.68%). 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 Price T Rowe Associates Inc. MD, Eaton Vance Management, Bank of New York Mellon Corp, LSV Asset Management, BlackRock Inc., BlackRock Inc., WINTON GROUP Ltd and Mackenzie Financial Corp. 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 purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Morgan Stanley, Janus Henderson Group PLC, Janus Henderson Group PLC, Cannell Peter B & Co. Inc., Invesco Ltd., Schafer Cullen Capital Management Inc and Nomura Holdings 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 $27.76.

Corning has a market capitalization of $21.68 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]