Corning Incorporated Stock Today

GLW Stock  USD 48.22  0.22  0.46%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Corning Incorporated is selling for under 48.22 as of the 28th of November 2024; that is 0.46 percent increase since the beginning of the trading day. The stock's lowest day price was 47.85. Corning Incorporated has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Note, on November 13, 2024, Representative Thomas Suozzi of US Congress acquired under $15k worth of Corning Incorporated's common stock.
Business Domain
Technology Hardware & Equipment
IPO Date
31st of December 1981
Category
Technology
Classification
Information Technology
Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York. Corning operates under Electronic Components classification in the United States and is traded on New York Stock Exchange. The company has 856.21 M outstanding shares of which 10.02 M shares are currently shorted by investors with about 2.1 days to cover. More on Corning Incorporated

Moving against Corning Stock

  0.78BKRKF PT Bank RakyatPairCorr
  0.76LGMK LogicMarkPairCorr
  0.76PPERF Bank Mandiri PerseroPairCorr
  0.67TER TeradynePairCorr
  0.65PPERY Bank Mandiri PerseroPairCorr
  0.52MCHP Microchip TechnologyPairCorr

Corning Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanWendell Weeks
Thematic Ideas
(View all Themes)
Old Names[Galway Gold Inc, Corning Inc., Corning Incorporated]
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NYSE Composite, NYSE 100 Index, SP 500 Index, BTRINVSTNG 100 INDEX, BETTERINVESTING 100 INDEX, Steel Works Etc, Baby Boomer Prospects, Technology, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors)
Excise Tax ActivitiesCatholic
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.580.4417
Significantly Up
Pretty Stable
Gross Profit Margin0.440.3123
Significantly Up
Slightly volatile
Total Current Liabilities4.5 B4.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total12.9 B12.3 B
Sufficiently Up
Slightly volatile
Total Assets17.1 B28.5 B
Way Down
Pretty Stable
Total Current Assets5.1 B7.2 B
Way Down
Very volatile
Total Cash From Operating Activities1.9 BB
Significantly Down
Very volatile
Debt Levels
Corning Incorporated can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Corning Incorporated's financial leverage. It provides some insight into what part of Corning Incorporated's total assets is financed by creditors.
Liquidity
Corning Incorporated has 8.48 B in debt with debt to equity (D/E) ratio of 0.65, which is OK given its current industry classification. Corning Incorporated has a current ratio of 1.48, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Corning to invest in growth at high rates of return.

Dividends Paid

939.55 Million
Corning Incorporated (GLW) is traded on New York Stock Exchange in USA. It is located in One Riverfront Plaza, Corning, NY, United States, 14831 and employs 49,800 people. Corning Incorporated is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 41.1 B. Corning Incorporated runs under Electronic Equipment, Instruments & Components sector within Information Technology industry. The entity has 856.21 M outstanding shares of which 10.02 M shares are currently shorted by investors with about 2.1 days to cover. Corning Incorporated has about 1.67 B in cash with 2 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.93.
Check Corning Incorporated Probability Of Bankruptcy
Ownership Allocation
Corning Incorporated holds a total of 856.21 Million outstanding shares. The majority of Corning Incorporated outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Corning Incorporated to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Corning Incorporated. Please pay attention to any change in the institutional holdings of Corning Incorporated as this could imply that something significant has changed or is about to change at the company. Please note that on November 13, 2024, Representative Thomas Suozzi of US Congress acquired under $15k worth of Corning Incorporated's common stock.
Check Corning Ownership Details

Corning Stock Institutional Holders

InstituionRecorded OnShares
Goldman Sachs Group Inc2024-06-30
13.3 M
Northern Trust Corp2024-09-30
10.7 M
Norges Bank2024-06-30
10.1 M
Dimensional Fund Advisors, Inc.2024-09-30
9.7 M
Primecap Management Company2024-09-30
8.6 M
Amvescap Plc.2024-06-30
7.9 M
Fidelity International Ltd2024-06-30
7.3 M
Bank Of New York Mellon Corp2024-06-30
7.1 M
Legal & General Group Plc2024-06-30
6.4 M
Vanguard Group Inc2024-09-30
99 M
Blackrock Inc2024-06-30
62.2 M
View Corning Incorporated Diagnostics

Corning Incorporated Historical Income Statement

At this time, Corning Incorporated's Interest Expense is fairly stable compared to the past year. EBIT is likely to climb to about 1.5 B in 2024, whereas Total Revenue is likely to drop slightly above 6.9 B in 2024. View More Fundamentals

Corning Stock Against Markets

Corning Incorporated Corporate Directors

Deborah RiemanIndependent DirectorProfile
Daniel HuttenlocherIndependent DirectorProfile
Kevin MartinIndependent DirectorProfile
Deborah HenrettaIndependent DirectorProfile

Additional Tools for Corning Stock Analysis

When running Corning Incorporated's price analysis, check to measure Corning Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corning Incorporated is operating at the current time. Most of Corning Incorporated's value examination focuses on studying past and present price action to predict the probability of Corning Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corning Incorporated's price. Additionally, you may evaluate how the addition of Corning Incorporated to your portfolios can decrease your overall portfolio volatility.