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

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

Corning declared a quarterly dividend on Wednesday, July 17th. Investors of record on Friday, August 30th will be given 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) posted its earnings results on Tuesday, July, 30th. The electronics maker reported $0.45 EPS 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% compared to the same quarter last year. During the same quarter last year, the business 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.

12 brokers have issued 12 month price objectives for Corning's stock. Their predictions range from $30.00 to $42.00. On average, they expect Corning's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 22.5% 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.

Headlines about GLW stock have trended somewhat negative recently, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Corning earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave media headlines about the electronics maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock'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 short-interest ratio is currently 4.3 days. Currently, 2.9% of the company's stock 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), ServiceNow (NOW), America Movil SAB de CV ADR Series L (AMX), Infosys (INFY), Shopify (SHOP), Applied Materials (AMAT), Relx (RELX) and Koninklijke Philips (PHG).

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 retail and institutional 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 bought 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]