NYSE: GLW
Corning Incorporated
Technology · Hardware, Equipment & Parts
After hours: $177.99(+1.47%) · as of 6:43 PM ET
Market Cap
$150.96B
52w High
$211.79
52w Low
$49.97
P/E
83.61
Volume
7.90M
Outstanding Shares
860.64M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 247.46% over the last year. Revenue grew 20.05% over the trailing twelve months. Operating margin moved from 9.75% to 15.31%. Free cash flow grew 39.79% 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 (94th 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 15.31% — continued expansion would be needed to justify the premium. Revenue growth of 20.05% 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 is a global enterprise operating across five key business areas: display technologies, optical communications, environmental solutions, specialty materials, and life sciences.
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
Aug 4, 2026
Q3 FY26 · EPS est $0.76 · Revenue est $4.62B
View
Dividends
$1.12/shareQuarterlyDividend Achiever · 18yrAdequateGLW pays a dividend with a 0.64% dividend yield, 18 consecutive years of growth, growing at 4.01% annually, covered 1.4× by free cash flow.
Dividend Yield
0.64%
Annual Div / Share
$1.12
5yr CAGR
+4.01%
Doubles every ~17.6yr
Payout Ratio
55.3%
Adequate
Dividend Growth Rate
3yr CAGR
+0.6%
5yr CAGR
+4.01%
10yr CAGR
+8.18%
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 |
|---|---|---|
$6/yr $1/mo | $8/yr+22% $1/mo | $9/yr+48% $1/mo |
Yield-on-cost grows from 0.64% → 0.95% 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.