NYSE: GLW
Corning Inc
Technology · Hardware, Equipment & Parts
After hours: $150.33(+2.5%) · as of 7:59 PM ET
Market Cap
$126.23B
52w High
$271.78
52w Low
$62.65
P/E
67.42
Volume
11.16M
Outstanding Shares
860.64M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 131.01% over the last year. Revenue grew 19.41% over the trailing twelve months. Operating margin moved from 12.06% to 15.47%. Free cash flow grew 100.59% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (75th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 15.47% — continued expansion would be needed to justify the premium. Revenue growth of 19.41% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally.
Valuation
Stock splits
Every 1 shares became 3
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 2 shares became 5
Profitability & growth
Analyst consensus
20
Buy
15
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Oct 27, 2026
Q4 FY26 · EPS est $0.85 · Revenue est $4.99B
View
Dividends
$1.12/shareQuarterlyDividend Achiever · 18yrEx-div Aug 31, 2026 · in 27dAdequateGLW pays a dividend with a 0.76% declared yield, 18 consecutive years of growth, growing at 3.57% annually, covered 1.4× by free cash flow.
Declared Yield
0.76%
Annual Div / Share
$1.12
5yr CAGR
+3.57%
Doubles every ~19.8yr
Payout Ratio
52.16%
Adequate
Dividend Growth Rate
3yr CAGR
+0.3%
5yr CAGR
+3.57%
10yr CAGR
+7.87%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$1/mo
In 5 yrs
$1/mo
In 10 yrs
$1/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$8/yr $1/mo | $9/yr+19% $1/mo | $11/yr+42% $1/mo |
Yield-on-cost grows from 0.76% → 1.08% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
GLW has raised its dividend for 18 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Risks to Watch
No strong risk signal stands out from the latest period pair.