Corning Incorporated

How do glass and ceramics fit into the tech industry one might ask? You are looking at it right now. Whether you are reading this on a computer or a mobile device, it’s likely that it was developed using specialized glass and ceramics. Corning is a world leader in specialty glass solutions for various industries with a history of innovation spanning over 165 years.

$40.64
(as of Sep 6, 4:00 PM EST)

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Ticker Information for Corning Incorporated

Stock Price
$40.64
Ticker Symbol
GLW
Exchange
NYSE

Industry Information for Corning Incorporated

Sector
Technology
Industry
Electronic Components

Company Description for Corning Incorporated

Country
USA
Full Time Employees
49,800

Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. The company's Specialty Materials segment manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for various markets comprising mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Its Environmental Technologies segment provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products, including consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Pyrex, Falcon, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

Fundamentals for Corning Incorporated

Market Capitalization
$34,775,687,168
EBITDA
$2,673,999,872
Dividends per Share
$1.12
P/E Ratio
79.69
Forward P/E Ratio
17.76
Earnings per Share
$0.51
Earnings per Share Estimate Next Year
$2.28
Profit Margin
3.53%
Shares Outstanding
855,700,992
Percent Owned by Insiders
9.33%
Percent Owned by Institutions
73.99%
52-Week High
$46.08
52-Week Low
$24.45

Technical Indicators for Corning Incorporated

50-Day Moving Average
$41.46
200-Day Moving Average
$34.79
RSI
46.79
0.94

Analyst Ratings for Corning Incorporated

Strong Buy
7
Buy
1
Hold
6
Sell
1
Strong Sell
0

News About Corning Incorporated

Sep 6, 2024, 3:48 AM EST
Q2 Earnings Highs And Lows: Corning (NYSE:GLW) Vs The Rest Of The Electronic Components Stocks See more.
Sep 4, 2024, 9:40 AM EST
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Aug 29, 2024, 11:31 AM EST
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Aug 28, 2024, 3:04 PM EST
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