Corning Inc.

NYS: GLW

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Corning Inc.

Market open

 --Real time quotes

Apr 19, 2021, 10:37 a.m.

GLW
/zigman2/quotes/200045496/composite

$

46.27

Change

+0.46 +1.02%

Volume

Volume 994,639

Real time quotes

/zigman2/quotes/200045496/composite

Previous close

$ 45.80

$ 46.27

Change

+0.46 +1.02%

Day low

Day high

$46.12

$46.66

Open

52 week low

52 week high

$18.82

$46.63

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

85.59

P/E Ratio (with extraordinary items)

93.69

P/E Ratio (without extraordinary items)

67.13

Price to Sales Ratio

2.46

Price to Book Ratio

2.51

Price to Cash Flow Ratio

12.75

Enterprise Value to EBITDA

12.68

Enterprise Value to Sales

3.21

Total Debt to Enterprise Value

0.24

Efficiency

Revenue/Employee

225,703.00

Income Per Employee

10,218.00

Receivables Turnover

5.70

Total Asset Turnover

0.38

Liquidity

Current Ratio

2.12

Quick Ratio

1.48

Cash Ratio

0.71

Profitability

Gross Margin

34.01

Operating Margin

11.38

Pretax Margin

5.51

Net Margin

4.53

Return on Assets

1.72

Return on Equity

3.91

Return on Total Capital

5.93

Return on Invested Capital

2.39

Capital Structure

Total Debt to Total Equity

79.41

Total Debt to Total Capital

39.63

Total Debt to Total Assets

28.27

Long-Term Debt to Equity

77.11

Long-Term Debt to Total Capital

38.48

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
04/05/2021 Michael Alan Bell
Senior VP & GM, Optical Comm. 		13,320   Disposition at $45.48 per share. 605,793
04/05/2021 Michael Alan Bell
Senior VP & GM, Optical Comm. 		13,320   Derivative/Non-derivative trans. at $27.03 per share. 360,039
03/31/2021 David L. Morse
Exec. VP & Chief Tech. Officer 		8   Derivative/Non-derivative trans. at $43.51 per share. 348
03/31/2021 Clark S. Kinlin
34,113   Derivative/Non-derivative trans. at $43.51 per share. 1,484,256
03/31/2021 David L. Morse
Exec. VP & Chief Tech. Officer 		4   Derivative/Non-derivative trans. at $0 per share. 0
03/31/2021 David L. Morse
Exec. VP & Chief Tech. Officer 		14   Derivative/Non-derivative trans. at $0 per share. 0
03/31/2021 Clark S. Kinlin
872   Derivative/Non-derivative trans. at $0 per share. 0
03/31/2021 Clark S. Kinlin
8,057   Derivative/Non-derivative trans. at $0 per share. 0
03/31/2021 Clark S. Kinlin
35,482   Derivative/Non-derivative trans. at $0 per share. 0
03/31/2021 Clark S. Kinlin
16,451   Derivative/Non-derivative trans. at $0 per share. 0
03/31/2021 Clark S. Kinlin
18,722   Derivative/Non-derivative trans. at $0 per share. 0
03/15/2021 Clark S. Kinlin
6,000   Disposition at $41.47 per share. 248,820
03/15/2021 Clark S. Kinlin
31,239   Disposition at $41.4 per share. 1,293,294
03/15/2021 Clark S. Kinlin
10,270   Derivative/Non-derivative trans. at $21.3 per share. 218,751
03/15/2021 Clark S. Kinlin
10,462   Derivative/Non-derivative trans. at $20.91 per share. 218,760
03/15/2021 Clark S. Kinlin
10,507   Derivative/Non-derivative trans. at $20.82 per share. 218,755
03/12/2021 Lawrence D. McRae
Vice Chairman & Corp. Dev. Off 		66,683   Disposition at $40.15 per share. 2,677,322
03/12/2021 Lawrence D. McRae
Vice Chairman & Corp. Dev. Off 		11,737   Derivative/Non-derivative trans. at $21.3 per share. 249,998
03/12/2021 Lawrence D. McRae
Vice Chairman & Corp. Dev. Off 		11,956   Derivative/Non-derivative trans. at $20.91 per share. 249,999
03/12/2021 Lawrence D. McRae
Vice Chairman & Corp. Dev. Off 		12,008   Derivative/Non-derivative trans. at $20.82 per share. 250,006
03/12/2021 Lawrence D. McRae
Vice Chairman & Corp. Dev. Off 		30,982   Derivative/Non-derivative trans. at $15.37 per share. 476,193
03/10/2021 R. Tony Tripeny
Exec. Vice President and CFO 		44,795   Disposition at $38.9 per share. 1,742,525
03/10/2021 R. Tony Tripeny
Exec. Vice President and CFO 		13,942   Derivative/Non-derivative trans. at $15.37 per share. 214,288
03/10/2021 R. Tony Tripeny
Exec. Vice President and CFO 		14,778   Derivative/Non-derivative trans. at $14.5 per share. 214,281
03/10/2021 R. Tony Tripeny
Exec. Vice President and CFO 		16,075   Derivative/Non-derivative trans. at $13.33 per share. 214,279
03/08/2021 Jeffrey W. Evenson
Exec. VP & Chief Strategy Off 		5,400   Gift at $0 per share. 0
03/01/2021 Robert P. France
Senior VP, Human Resources 		4,962   Disposition at $39.42 per share. 195,602
03/01/2021 Robert P. France
Senior VP, Human Resources 		5,834   Disposition at $39.42 per share. 229,976
03/01/2021 John Z Zhang
Senior VP & GM, Display 		11,409   Disposition at $39.23 per share. 447,575
03/01/2021 Robert P. France
Senior VP, Human Resources 		4,962   Derivative/Non-derivative trans. at $19.65 per share. 97,503
03/01/2021 Robert P. France
Senior VP, Human Resources 		5,834   Derivative/Non-derivative trans. at $27 per share. 157,518
03/01/2021 John Z Zhang
Senior VP & GM, Display 		4,189   Derivative/Non-derivative trans. at $20.89 per share. 87,508
03/01/2021 John Z Zhang
Senior VP & GM, Display 		4,189   Derivative/Non-derivative trans. at $20.89 per share. 87,508
03/01/2021 John Z Zhang
Senior VP & GM, Display 		3,031   Derivative/Non-derivative trans. at $22.68 per share. 68,743
02/26/2021 James P. Clappin
Vice Chair & Strategic Advisor 		75,856   Disposition at $38.62 per share. 2,929,558
02/26/2021 James P. Clappin
Vice Chair & Strategic Advisor 		12,566   Derivative/Non-derivative trans. at $20.89 per share. 262,503
02/26/2021 James P. Clappin
Vice Chair & Strategic Advisor 		14,060   Derivative/Non-derivative trans. at $18.67 per share. 262,500
02/26/2021 James P. Clappin
Vice Chair & Strategic Advisor 		12,566   Derivative/Non-derivative trans. at $20.89 per share. 262,503
02/26/2021 James P. Clappin
Vice Chair & Strategic Advisor 		12,548   Derivative/Non-derivative trans. at $20.92 per share. 262,504
02/26/2021 James P. Clappin
Vice Chair & Strategic Advisor 		12,542   Derivative/Non-derivative trans. at $20.93 per share. 262,504
02/26/2021 James P. Clappin
Vice Chair & Strategic Advisor 		11,574   Derivative/Non-derivative trans. at $22.68 per share. 262,498
02/19/2021 Wendell P. Weeks
Chairman and CEO; Director 		146,629   Disposition at $37.74 per share. 5,533,778
02/19/2021 Lewis A. Steverson
EVP and CLAO 		8,150   Disposition at $38.16 per share. 311,004
02/19/2021 Wendell P. Weeks
Chairman and CEO; Director 		55,236   Derivative/Non-derivative trans. at $18.67 per share. 1,031,256
02/19/2021 Wendell P. Weeks
Chairman and CEO; Director 		49,366   Derivative/Non-derivative trans. at $20.89 per share. 1,031,255
02/19/2021 Wendell P. Weeks
Chairman and CEO; Director 		42,027   Derivative/Non-derivative trans. at $20.82 per share. 875,002
02/19/2021 Lewis A. Steverson
EVP and CLAO 		8,150   Derivative/Non-derivative trans. at $19.65 per share. 160,147
02/16/2021 David L. Morse
Exec. VP & Chief Tech. Officer 		150   Disposition at $38.67 per share. 5,800
02/16/2021 Edward A. Schlesinger
Senior VP & Controller 		3,610   Disposition at $38.96 per share. 140,645
02/16/2021 Martin J. Curran
Exec. VP & Innovation Officer 		97,110   Disposition at $38.71 per share. 3,759,128
02/16/2021 David L. Morse
Exec. VP & Chief Tech. Officer 		50   Derivative/Non-derivative trans. at $12.97 per share. 648
02/16/2021 David L. Morse
Exec. VP & Chief Tech. Officer 		50   Derivative/Non-derivative trans. at $12.9 per share. 645
02/16/2021 David L. Morse
Exec. VP & Chief Tech. Officer 		50   Derivative/Non-derivative trans. at $13.04 per share. 652
02/16/2021 Martin J. Curran
Exec. VP & Innovation Officer 		23,336   Derivative/Non-derivative trans. at $27 per share. 630,072
02/16/2021 Martin J. Curran
Exec. VP & Innovation Officer 		8,377   Derivative/Non-derivative trans. at $20.89 per share. 174,995
02/16/2021 Martin J. Curran
Exec. VP & Innovation Officer 		9,373   Derivative/Non-derivative trans. at $18.67 per share. 174,993
02/16/2021 Martin J. Curran
Exec. VP & Innovation Officer 		8,377   Derivative/Non-derivative trans. at $20.89 per share. 174,995
02/16/2021 Martin J. Curran
Exec. VP & Innovation Officer 		8,365   Derivative/Non-derivative trans. at $20.92 per share. 174,995
02/16/2021 Martin J. Curran
Exec. VP & Innovation Officer 		8,361   Derivative/Non-derivative trans. at $20.93 per share. 174,995
02/16/2021 Martin J. Curran
Exec. VP & Innovation Officer 		7,716   Derivative/Non-derivative trans. at $22.68 per share. 174,998
02/16/2021 Martin J. Curran
Exec. VP & Innovation Officer 		7,629   Derivative/Non-derivative trans. at $21.3 per share. 162,497
02/16/2021 Martin J. Curran
Exec. VP & Innovation Officer 		7,771   Derivative/Non-derivative trans. at $20.91 per share. 162,491
02/16/2021 Martin J. Curran
Exec. VP & Innovation Officer 		7,805   Derivative/Non-derivative trans. at $20.82 per share. 162,500
/news/latest/company/us/glw

MarketWatch News on GLW

  1. Corning upgraded to overweight from neutral at J.P. Morgan

    8:49 a.m. Today

    - Tomi Kilgore

  2. Corning Inc. stock outperforms competitors despite losses on the day

    4:56 p.m. April 16, 2021

    - MarketWatch Automation

  4. Corning Inc. stock rises Wednesday, outperforms market

    4:56 p.m. April 14, 2021

    - MarketWatch Automation

  5. Corning Inc. stock falls Tuesday, underperforms market

    4:56 p.m. April 13, 2021

    - MarketWatch Automation

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

    4:56 p.m. April 12, 2021

    - MarketWatch Automation

  7. Corning Stock Is Rising on Strong Outlook for Display- Glass Prices

    1:27 p.m. April 12, 2021

    - Barron's Online

  8. Corning Inc. stock rises Friday, still underperforms market

    4:56 p.m. April 9, 2021

    - MarketWatch Automation

  10. Corning Inc. stock falls Wednesday, underperforms market

    4:56 p.m. April 7, 2021

    - MarketWatch Automation

  11. Corning Inc. stock falls Tuesday, underperforms market

    4:56 p.m. April 6, 2021

    - MarketWatch Automation

  12. Corning stock price target raised to $52 from $45 at Oppenheimer

    7:53 a.m. April 6, 2021

    - Tomi Kilgore

  13. Corning Inc. stock outperforms competitors on strong trading day

    4:56 p.m. April 5, 2021

    - MarketWatch Automation

  16. Corning Inc. stock rises Thursday, still underperforms market

    4:56 p.m. April 1, 2021

    - MarketWatch Automation

  17. Corning Inc. stock underperforms Wednesday when compared to competitors

    4:56 p.m. March 31, 2021

    - MarketWatch Automation

  18. Corning Inc. stock rises Tuesday, outperforms market

    4:56 p.m. March 30, 2021

    - MarketWatch Automation

  19. Corning Inc. stock falls Monday, still outperforms market

    4:56 p.m. March 29, 2021

    - MarketWatch Automation

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

    4:56 p.m. March 26, 2021

    - MarketWatch Automation

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

Other News on GLW

  2. Corning upgraded as JPMorgan sees tailwind in fiber exposure

    7:25 a.m. Today

    - Seeking Alpha

  3. Corning (GLW) Hits 52-Week High, Can the Run Continue?

    9:15 a.m. April 16, 2021

    - Zacks.com

  4. GLW vs. AIRG: Which Stock Should Value Investors Buy Now?

    11:40 a.m. April 15, 2021

    - Zacks.com

  5. CFO Pay Rises as Their Companies Navigate Coronavirus Pandemic

    8:00 a.m. April 15, 2021

    - Kristin Broughton

  7. Is Corning (GLW) a Great Growth Stock?

    8:35 a.m. April 13, 2021

    - Zacks.com

  13. 7 Growth Stocks for Coming April Showers

    1:21 p.m. April 7, 2021

    - InvestorPlace.com

  14. Corning (GLW) & Samsung Arm Expand Buyback Deal, Stock Up

    10:39 a.m. April 6, 2021

    - Zacks.com

  15. Verizon (VZ) Brings Private MEC Solution for Enterprises

    9:58 a.m. April 6, 2021

    - Zacks.com

  20. GLW vs. AIRG: Which Stock Should Value Investors Buy Now?

    11:40 a.m. March 29, 2021

    - Zacks.com

  21. 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

12/2021

View SEC Filings

Revenue

$11.31B

Net Income

$512.00M

Employees

50,110

Annual Report for GLW

/news/pressrelease/company/us/glw

Press Releases on GLW

  3. Organoids Market Study, Detailed Analysis and Forecast To 2027

    3:43 a.m. April 14, 2021

    - AmericaNewsHour

  4. Corning Named 2021 ENERGY STAR(R) Partner of the Year

    10:05 a.m. April 13, 2021

    - GlobeNewswire

  5. Managing Risk in Corning $GLW by Using Price Action

    10:20 a.m. April 10, 2021

    - Stock Traders Daily

  9. Stimulus Matters to the Stock Market and to Corning $GLW

    10:31 p.m. March 31, 2021

    - Stock Traders Daily

  11. Changes to the Price of Corning $GLW Influence Investor Perception

    4:58 p.m. March 22, 2021

    - Stock Traders Daily

  12. The Fundamental Case for Corning $GLW Using a Price Based Model

    11:12 a.m. March 13, 2021

    - Stock Traders Daily

  14. How to Develop Investment Plans for Corning $GLW

    4:10 a.m. March 4, 2021

    - Stock Traders Daily

  17. How to trade Corning $GLW With Risk Controls

    12:59 p.m. Feb. 13, 2021

    - Stock Traders Daily

  18. Daily Dividend Report: ICE,APH,GLW,ROK,HSY

    12:06 p.m. Feb. 4, 2021

    - MarketNewsVideo.com

  19. How to trade Corning $GLW With Risk Controls

    5:58 a.m. Feb. 4, 2021

    - Stock Traders Daily

  21. Loading more headlines...
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