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Corning Inc.

NYS: GLW

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After Hours

 --Quotes are delayed by 20 min

Jan 25, 2021, 7:47 p.m.

GLW
/zigman2/quotes/200045496/composite

$

38.52

Change

+0.06 +0.16%

Volume

Volume 75,184

Quotes are delayed by 20 min

/zigman2/quotes/200045496/composite

Previous close

$ 37.60

$ 38.46

Change

+0.86 +2.29%

Day low

Day high

$37.55

$38.53

Open

52 week low

52 week high

$17.44

$38.84

Open

Company Description

Corning, Inc. develops and manufactures specialty glass and ceramics. It provides glass for notebook computers, flat panel desktop monitors, display televisions, and other information display applications; carrier network and enterprise network products for the telecommunications industry; ceramic s...

Corning, Inc. develops and manufactures specialty glass and ceramics. It provides glass for notebook computers, flat panel desktop monitors, display televisions, and other information display applications; carrier network and enterprise network products for the telecommunications industry; ceramic substrates for gasoline and diesel engines in automotive and heavy duty vehicle markets; laboratory products for the scientific community and specialized polymer products for biotechnology applications; advanced optical materials for the semiconductor industry and the scientific community; and other technologies. It operates through the following business segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials and Life Sciences. The Display Technologies segment manufactures glass substrates for high performance displays, including organic light-emitting diode and liquid crystal displays that are used primarily in televisions, notebook computers and flat panel desktop monitors. The Optical Communications segment is classified into two main product groupings: carrier and enterprise network. The carrier network group consists primarily of products and solutions for optical-based communications infrastructure for services such as video, data and voice communications. The enterprise network group consists primarily of optical-based communication networks sold to businesses, governments and individuals for their own use. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile and stationary applications around the world. The Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics and fluoride crystals to meet demand for unique customer needs. The Life Sciences segment develops, manufactures and supplies scientific laboratory products. The company was founded by Amory Houghton Sr. in 1851 and is headquartered in Corning, NY.

Valuation

P/E Current

35.53

P/E Ratio (with extraordinary items)

154.01

P/E Ratio (without extraordinary items)

27.26

Price to Sales Ratio

2.28

Price to Book Ratio

2.09

Price to Cash Flow Ratio

12.89

Enterprise Value to EBITDA

12.10

Enterprise Value to Sales

2.99

Total Debt to Enterprise Value

0.24

Efficiency

Revenue/Employee

232,384.00

Income Per Employee

19,394.00

Receivables Turnover

6.09

Total Asset Turnover

0.41

Liquidity

Current Ratio

2.12

Quick Ratio

1.46

Cash Ratio

0.69

Profitability

Gross Margin

32.28

Operating Margin

11.26

Pretax Margin

10.57

Net Margin

8.35

Return on Assets

3.40

Return on Equity

7.19

Return on Total Capital

6.30

Return on Invested Capital

4.70

Capital Structure

Total Debt to Total Equity

77.80

Total Debt to Total Capital

39.00

Total Debt to Total Assets

28.56

Long-Term Debt to Equity

77.11

Long-Term Debt to Total Capital

38.65

Officers and Executives

Name Age Officer Since Title
Mr. Wendell P. Weeks 59 1983 Chairman & Chief Executive Officer
Mr. Eric S. Musser 59 1986 President & Chief Operating Officer
Mr. R. Tony Tripeny 59 1985 Chief Financial Officer & Executive Vice President
Ms. Anne Mullins - 2019 Chief Information Officer & Senior Vice President
Dr. David L. Morse 66 1976 Senior Vice President, Director-Corporate Research

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
01/12/2021 John P. Bayne
SVP &GM, Mobile Consumer Elec.
1,026   Derivative/Non-derivative trans. at $37.46 per share. 38,433
01/12/2021 John P. Bayne
SVP &GM, Mobile Consumer Elec.
96   Derivative/Non-derivative trans. at $0 per share. 0
01/12/2021 John P. Bayne
SVP &GM, Mobile Consumer Elec.
459   Derivative/Non-derivative trans. at $0 per share. 0
01/12/2021 John P. Bayne
SVP &GM, Mobile Consumer Elec.
216   Derivative/Non-derivative trans. at $0 per share. 0
01/12/2021 John P. Bayne
SVP &GM, Mobile Consumer Elec.
255   Derivative/Non-derivative trans. at $0 per share. 0
01/07/2021 Wendell P. Weeks
Chairman and CEO; Director
5,449   Derivative/Non-derivative trans. at $36.98 per share. 201,504
01/07/2021 Lawrence D. McRae
Vice Chairman & Corp. Dev. Off
1,608   Derivative/Non-derivative trans. at $36.98 per share. 59,463
01/07/2021 David L. Morse
Exec. VP & Chief Tech. Officer
1,535   Derivative/Non-derivative trans. at $36.98 per share. 56,764
01/07/2021 James P. Clappin
Vice Chair & Strategic Advisor
1,584   Derivative/Non-derivative trans. at $36.98 per share. 58,576
01/07/2021 Eric S. Musser
President and COO
1,717   Derivative/Non-derivative trans. at $36.98 per share. 63,494
01/07/2021 R. Tony Tripeny
Exec. Vice President and CFO
1,509   Derivative/Non-derivative trans. at $36.98 per share. 55,802
01/07/2021 Clark S. Kinlin
Executive Vice President
1,410   Derivative/Non-derivative trans. at $36.98 per share. 52,141
01/07/2021 Jeffrey W. Evenson
Exec. VP & Chief Strategy Off
1,070   Derivative/Non-derivative trans. at $36.98 per share. 39,568
01/07/2021 Robert P. France
Senior VP, Human Resources
658   Derivative/Non-derivative trans. at $36.98 per share. 24,332
01/07/2021 Martin J. Curran
Exec. VP & Innovation Officer
1,296   Derivative/Non-derivative trans. at $36.98 per share. 47,926
01/07/2021 Michael Alan Bell
Senior VP & GM, Optical Comm.
752   Derivative/Non-derivative trans. at $36.98 per share. 27,808
01/07/2021 Lewis A. Steverson
EVP and CLAO
1,516   Derivative/Non-derivative trans. at $36.98 per share. 56,061
01/07/2021 Wendell P. Weeks
Chairman and CEO; Director
5,449   Derivative/Non-derivative trans. at $0 per share. 0
01/07/2021 Lawrence D. McRae
Vice Chairman & Corp. Dev. Off
1,608   Derivative/Non-derivative trans. at $0 per share. 0
01/07/2021 David L. Morse
Exec. VP & Chief Tech. Officer
1,535   Derivative/Non-derivative trans. at $0 per share. 0
01/07/2021 James P. Clappin
Vice Chair & Strategic Advisor
1,584   Derivative/Non-derivative trans. at $0 per share. 0
01/07/2021 Eric S. Musser
President and COO
1,717   Derivative/Non-derivative trans. at $0 per share. 0
01/07/2021 R. Tony Tripeny
Exec. Vice President and CFO
1,509   Derivative/Non-derivative trans. at $0 per share. 0
01/07/2021 Clark S. Kinlin
Executive Vice President
1,410   Derivative/Non-derivative trans. at $0 per share. 0
01/07/2021 Jeffrey W. Evenson
Exec. VP & Chief Strategy Off
1,070   Derivative/Non-derivative trans. at $0 per share. 0
01/07/2021 Robert P. France
Senior VP, Human Resources
658   Derivative/Non-derivative trans. at $0 per share. 0
01/07/2021 Martin J. Curran
Exec. VP & Innovation Officer
1,296   Derivative/Non-derivative trans. at $0 per share. 0
01/07/2021 Michael Alan Bell
Senior VP & GM, Optical Comm.
89   Derivative/Non-derivative trans. at $0 per share. 0
01/07/2021 Michael Alan Bell
Senior VP & GM, Optical Comm.
663   Derivative/Non-derivative trans. at $0 per share. 0
01/07/2021 Lewis A. Steverson
EVP and CLAO
1,516   Derivative/Non-derivative trans. at $0 per share. 0
12/14/2020 Michael Alan Bell
Senior VP & GM, Optical Comm.
10,834   Disposition at $37.06 per share. 401,508
12/14/2020 Michael Alan Bell
Senior VP & GM, Optical Comm.
10,834   Derivative/Non-derivative trans. at $27 per share. 292,518
12/04/2020 Jeffrey W. Evenson
Exec. VP & Chief Strategy Off
1,045   Derivative/Non-derivative trans. at $37.95 per share. 39,657
12/04/2020 Jeffrey W. Evenson
Exec. VP & Chief Strategy Off
495   Derivative/Non-derivative trans. at $0 per share. 0
12/04/2020 Jeffrey W. Evenson
Exec. VP & Chief Strategy Off
550   Derivative/Non-derivative trans. at $0 per share. 0
12/01/2020 Eric S. Musser
President and COO
33,337   Disposition at $37.69 per share. 1,256,471
12/01/2020 Lewis A. Steverson
EVP and CLAO
36,214   Disposition at $37.5 per share. 1,358,025
12/01/2020 Eric S. Musser
President and COO
33,337   Derivative/Non-derivative trans. at $27 per share. 900,099
12/01/2020 Lewis A. Steverson
EVP and CLAO
25,836   Derivative/Non-derivative trans. at $27 per share. 697,572
12/01/2020 Lewis A. Steverson
EVP and CLAO
10,378   Derivative/Non-derivative trans. at $18.67 per share. 193,757
11/19/2020 Clark S. Kinlin
Executive Vice President
2,850   Gift at $0 per share. 0
11/19/2020 John P. Bayne
SVP &GM, Mobile Consumer Elec.
14,360   Disposition at $35.84 per share. 514,662
11/19/2020 John P. Bayne
SVP &GM, Mobile Consumer Elec.
7,389   Derivative/Non-derivative trans. at $14.5 per share. 107,140
11/19/2020 John P. Bayne
SVP &GM, Mobile Consumer Elec.
6,971   Derivative/Non-derivative trans. at $15.37 per share. 107,144
11/18/2020 Clark S. Kinlin
Executive Vice President
9,140   Disposition at $36.4 per share. 332,696
11/18/2020 Clark S. Kinlin
Executive Vice President
23,236   Disposition at $36.38 per share. 845,325
11/18/2020 Clark S. Kinlin
Executive Vice President
23,236   Derivative/Non-derivative trans. at $15.37 per share. 357,137
11/09/2020 Li Fang
Pres&GM, Corning Greater China
3,409   Disposition at $36.34 per share. 123,883
11/09/2020 Li Fang
Pres&GM, Corning Greater China
1,093   Derivative/Non-derivative trans. at $22.03 per share. 24,078
11/09/2020 Li Fang
Pres&GM, Corning Greater China
1,061   Derivative/Non-derivative trans. at $22.69 per share. 24,074
11/09/2020 Li Fang
Pres&GM, Corning Greater China
1,255   Derivative/Non-derivative trans. at $19.19 per share. 24,083
11/05/2020 David L. Morse
Exec. VP & Chief Tech. Officer
200   Disposition at $34.68 per share. 6,936
11/05/2020 David L. Morse
Exec. VP & Chief Tech. Officer
100   Derivative/Non-derivative trans. at $22.69 per share. 2,269
11/05/2020 David L. Morse
Exec. VP & Chief Tech. Officer
100   Derivative/Non-derivative trans. at $19.19 per share. 1,919
11/03/2020 Eric S. Musser
President and COO
25,357   Disposition at $33.74 per share. 855,545
11/03/2020 Edward A. Schlesinger
Senior VP & Controller
6,247   Disposition at $33.55 per share. 209,586
11/03/2020 Eric S. Musser
President and COO
11,967   Derivative/Non-derivative trans. at $20.89 per share. 249,990
11/03/2020 Eric S. Musser
President and COO
13,390   Derivative/Non-derivative trans. at $18.67 per share. 249,991
11/03/2020 Edward A. Schlesinger
Senior VP & Controller
2,054   Derivative/Non-derivative trans. at $21.3 per share. 43,750
11/03/2020 Edward A. Schlesinger
Senior VP & Controller
2,092   Derivative/Non-derivative trans. at $20.91 per share. 43,743
11/03/2020 Edward A. Schlesinger
Senior VP & Controller
2,101   Derivative/Non-derivative trans. at $20.82 per share. 43,742
/news/latest/company/us/glw

MarketWatch News on GLW

  1. Buy Corning, Juniper, and Casa, but Sell HP, Analyst Says

    1:35 p.m. Jan. 14, 2021

    - Barron's Online

  2. Higher Rates Could Boost Schwab Shares

    9:30 p.m. Jan. 8, 2021

    - Barron's Online

  3. Buy Corning Shares As Glass Supplies Tighten, Citi Says

    1:27 p.m. Dec. 21, 2020

    - Barron's Online

  4. Corning Inc. stock falls Friday, underperforms market

    6:24 p.m. Dec. 11, 2020

    - MarketWatch Automation

  5. Corning Stock Falls as J.P. Morgan Cuts Rating on Valuation Basis

    12:51 p.m. Dec. 11, 2020

    - Barron's Online

  6. Corning downgraded to neutral vs. overweight at JP Morgan

    7:30 a.m. Dec. 11, 2020

    - Ciara Linnane

  7. Corning Inc. stock underperforms Thursday when compared to competitors

    6:24 p.m. Dec. 10, 2020

    - MarketWatch Automation

  8. Corning Inc. stock falls Wednesday, still outperforms market

    6:24 p.m. Dec. 9, 2020

    - MarketWatch Automation

  9. Corning Inc. stock rises Tuesday, outperforms market

    6:24 p.m. Dec. 8, 2020

    - MarketWatch Automation

  10. Corning Inc. stock falls Monday, underperforms market

    6:24 p.m. Dec. 7, 2020

    - MarketWatch Automation

  11. Corning Inc. stock rises Friday, outperforms market

    6:26 p.m. Dec. 4, 2020

    - MarketWatch Automation

  12. Corning Inc. stock underperforms Thursday when compared to competitors

    6:26 p.m. Dec. 3, 2020

    - MarketWatch Automation

  13. Corning Inc. stock rises Wednesday, outperforms market

    6:26 p.m. Dec. 2, 2020

    - MarketWatch Automation

  14. Corning Inc. stock falls Tuesday, underperforms market

    6:26 p.m. Dec. 1, 2020

    - MarketWatch Automation

  15. Corning Inc. stock outperforms market on strong trading day

    6:26 p.m. Nov. 30, 2020

    - MarketWatch Automation

  16. Corning Inc. stock falls Friday, underperforms market

    6:40 p.m. Nov. 27, 2020

    - MarketWatch Automation

  17. Corning Inc. stock outperforms market on strong trading day

    6:25 p.m. Nov. 24, 2020

    - MarketWatch Automation

  18. Corning Inc. stock rises Monday, outperforms market

    6:24 p.m. Nov. 23, 2020

    - MarketWatch Automation

  19. Loading more headlines...
/news/nonmarketwatch/company/us/glw

Other News on GLW

  1. New York to Ease Some Covid-19 Restrictions as Cases Decline

    7:21 p.m. Jan. 25, 2021

    - Jimmy Vielkind

  2. Here's Why NETGEAR (NTGR) is a Solid Pick for Investors

    8:18 a.m. Jan. 19, 2021

    - Zacks.com

  3. Corning: Masking Weakness With Deficit Spending

    11:59 a.m. Jan. 10, 2021

    - Seeking Alpha

  4. My Dividend Growth Portfolio Update: Hindsight Is 2020

    2:01 p.m. Jan. 8, 2021

    - Seeking Alpha

  5. AT&T's (T) CFO Provides Business Update to Shareholders

    8:11 a.m. Jan. 6, 2021

    - Zacks.com

  6. Loading more headlines...

At a Glance

Corning, Inc.

One Riverfront Plaza

Corning, New York 14831

Phone

1 6079749000

Industry

Industrial Products

Sector

Industrial Goods

Fiscal Year-end

12/2020

Revenue

$11.50B

Net Income

$960.00M

2019 Sales Growth

1.9%

Employees

49,500

/news/pressrelease/company/us/glw

Press Releases on GLW

  1. How to trade Corning $GLW With Risk Controls

    8:12 p.m. Jan. 25, 2021

    - Stock Traders Daily

  2. The COVID-19 Vaccine Front Updates

    9:08 a.m. Dec. 1, 2020

    - IAM Newswire

  3. Loading more headlines...
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