Corning Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corning in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Corning stock.
View analyst ratings for Corning or view top-rated stocks.

10 analysts have issued 1 year price objectives for Corning's shares. Their GLW stock forecasts range from $37.00 to $51.00. On average, they expect Corning's share price to reach $45.20 in the next year. This suggests a possible upside of 41.6% from the stock's current price.
View analysts' price targets for Corning or view top-rated stocks among Wall Street analysts.

Corning's stock was trading at $37.23 at the beginning of the year. Since then, GLW shares have decreased by 14.3% and is now trading at $31.91.
View the best growth stocks for 2022 here.

Corning saw a increase in short interest in May. As of May 31st, there was short interest totaling 15,400,000 shares, an increase of 28.1% from the May 15th total of 12,020,000 shares. Based on an average daily volume of 5,090,000 shares, the short-interest ratio is presently 3.0 days. Currently, 2.0% of the company's stock are short sold.
View Corning's Short Interest.

Corning is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for Corning.

Corning will be holding an earnings conference call on Tuesday, July 26th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Corning Incorporated (NYSE:GLW) released its earnings results on Tuesday, April, 26th. The electronics maker reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.05. The electronics maker earned $3.74 billion during the quarter, compared to analysts' expectations of $3.55 billion. Corning had a trailing twelve-month return on equity of 21.56% and a net margin of 13.05%. The firm's quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.45 earnings per share.
View Corning's earnings history.

Corning announced a quarterly dividend on Thursday, June 30th. Stockholders of record on Wednesday, August 31st will be given a dividend of $0.27 per share on Thursday, September 29th. This represents a $1.08 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date of this dividend is Tuesday, August 30th.
View Corning's dividend history.

Corning(NYSE:GLW) pays an annual dividend of $1.08 per share and currently has a dividend yield of 3.41%. Corning has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Corning is 86.40%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Corning will have a dividend payout ratio of 41.22% next year. This indicates that Corning will be able to sustain or increase its dividend.
View Corning's dividend history.

Corning issued an update on its FY 2022 earnings guidance on Friday, July, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $15.00B-, compared to the consensus revenue estimate of $15.39 billion.

413 employees have rated Corning CEO Wendell P. Weeks on Glassdoor.com. Wendell P. Weeks has an approval rating of 79% among Corning's employees.

Some companies that are related to Corning include Amphenol (APH), Dolby Laboratories (DLB), Littelfuse (LFUS), Rogers (ROG) and Vishay Intertechnology (VSH).
View all of GLW's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Corning investors own include Intel (INTC), Cisco Systems (CSCO), NVIDIA (NVDA), AT&T (T), QUALCOMM (QCOM), Micron Technology (MU), Advanced Micro Devices (AMD), General Electric (GE), Walt Disney (DIS) and Johnson & Johnson (JNJ).

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

Corning's stock is owned by a number of retail and institutional investors. Top institutional investors include Cacti Asset Management LLC (0.10%), Neville Rodie & Shaw Inc. (0.01%), Nexus Investment Management ULC (0.01%), Park National Corp OH (0.00%) and Parsec Financial Management Inc. (0.00%). Company insiders that own Corning stock include Christine M Pambianchi, Clark S Kinlin, David L Morse, David L Morse, Deborah Rieman, Display Co Ltd Samsung, Edward A Schlesinger, Eric S Musser, Hansel E Tookes II, John P Bayne Jr, John Z Zhang, Lawrence D Mcrae, Lawrence D Mcrae, Lewis A Steverson, Li Fang, Martin J Curran, Michael Alan Bell, R Tony Tripeny, Robert P France, Robert P France, Roger W Jr Ferguson, Stefan Becker, Thomas Peterffy, Wendell P Weeks 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 Neville Rodie & Shaw Inc., Park National Corp OH, and Parsec Financial Management Inc.. Company insiders that have sold Corning company stock in the last two years include Clark S Kinlin, David L Morse, Display Co Ltd Samsung, Edward A Schlesinger, Eric S Musser, John P Bayne Jr, John Z Zhang, Lawrence D Mcrae, Lewis A Steverson, Li Fang, Martin J Curran, Michael Alan Bell, R Tony Tripeny, Robert P France, Stefan Becker, Thomas Peterffy, and Wendell P Weeks.
View insider buying and selling activity for Corning or view top insider-selling stocks.

GLW stock was bought by a variety of institutional investors in the last quarter, including Nexus Investment Management ULC, and Cacti Asset Management LLC.
View insider buying and selling activity for Corning or or view top insider-buying stocks.

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

One share of GLW stock can currently be purchased for approximately $31.91.

Corning (NYSE:GLW) has a market capitalization of $26.95 billion and generates $14.08 billion in revenue each year. The electronics maker earns $1.91 billion in net income (profit) each year or $1.25 on an earnings per share basis.

Corning employs 61,200 workers across the globe.

Corning was founded in 1851.

Corning's mailing address is ONE RIVERFRONT PLAZA, CORNING NY, 14831. The official website for Corning is www.corning.com. The electronics maker can be reached via phone at (607) 974-9000, via email at irinfo@corning.com, or via fax at 607-974-2063.