Index S&P 500
P/E 40.98
EPS (ttm) 0.73
Insider Own 9.71%
Shs Outstand 823.00M
Perf Week -0.33%
Market Cap 25.61B
Forward P/E 12.92
EPS next Y 2.32
Insider Trans -0.36%
Shs Float 770.15M
Perf Month -8.64%
Income 629.00M
PEG 5.13
EPS next Q 0.46
Inst Own 69.55%
Short Float / Ratio 1.02% / 2.21
Perf Quarter -14.18%
Sales 13.29B
P/S 1.93
EPS this Y -11.72%
Inst Trans -2.00%
Short Interest 7.86M
Perf Half Y -14.11%
Book/sh 13.92
P/B 2.16
EPS next Y 25.91%
ROA 2.16%
Target Price 38.18
Perf Year 3.45%
Cash/sh 1.80
P/C 16.65
EPS next 5Y 8.00%
ROE 5.44%
52W Range 29.13 - 37.10
Perf YTD -6.01%
Dividend 1.13
P/FCF 100.42
EPS past 5Y -
ROI 3.20%
52W High -19.08%
Beta 1.06
Dividend % 3.75%
Quick Ratio 1.03
Sales past 5Y 7.34%
Gross Margin 28.62%
52W Low 3.06%
ATR 0.50
Employees 57500
Current Ratio 1.65
Sales Q/Q -9.97%
Oper. Margin 6.65%
RSI (14) 32.09
Volatility 1.44% 1.52%
Optionable Yes
Debt/Eq 0.75
EPS Q/Q -50.27%
Profit Margin 4.73%
Rel Volume 0.78
Prev Close 30.21
Shortable Yes
LT Debt/Eq 0.72
Earnings Oct 24 BMO
Payout 70.33%
Avg Volume 3.56M
Price 30.02
Recom 1.73
SMA20 -3.62%
SMA50 -6.69%
SMA200 -9.98%
Volume 2,767,345
Change -0.63%
Date
Action
Analyst
Rating Change
Price Target Change
Jul-14-23 Downgrade
UBS
Buy → Neutral
$38 → $39
Jun-15-23 Upgrade
Citigroup
Neutral → Buy
$36 → $40
Jun-09-23 Upgrade
Morgan Stanley
Equal-Weight → Overweight
$35 → $38
Mar-27-23 Upgrade
Deutsche Bank
Hold → Buy
$35 → $38
Jan-04-23 Upgrade
Credit Suisse
Neutral → Outperform
$36
Oct-26-22 Downgrade
Fox Advisors
Overweight → Equal Weight
Aug-17-22 Initiated
Credit Suisse
Neutral
$36
May-23-22 Downgrade
Citigroup
Buy → Neutral
$46 → $37
May-11-22 Downgrade
Barclays
Overweight → Equal Weight
$53 → $38
Jan-28-22 Upgrade
Susquehanna
Neutral → Positive
$38 → $50
Jan-27-22 Upgrade
Goldman
Neutral → Buy
$38 → $50
Jan-27-22 Reiterated
JP Morgan
Overweight
$45 → $50
Jan-27-22 Reiterated
Citigroup
Buy
$47 → $46
Jan-27-22 Reiterated
Barclays
Overweight
$47 → $52
Jan-14-22 Downgrade
Deutsche Bank
Buy → Hold
$41
Oct-27-21 Reiterated
Susquehanna
Neutral
$44 → $38
Oct-27-21 Reiterated
Morgan Stanley
Equal-Weight
$42 → $40
Oct-27-21 Reiterated
Goldman
Neutral
$44 → $38
Oct-27-21 Reiterated
Deutsche Bank
Buy
$45 → $43
Oct-27-21 Reiterated
BofA Securities
Buy
$51 → $48
Show Previous Ratings
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(Thomson Reuters StreetEvents)
Apr-25-23 01:36PM
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Jan-26-23 08:00AM
Jan-09-23 10:10AM
Dec-28-22 10:01AM
(The Wall Street Journal)
Dec-26-22 09:23AM
Dec-12-22 09:01AM
Dec-07-22 05:46PM
Nov-30-22 08:30AM
Nov-27-22 08:49AM
Nov-12-22 07:03AM
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Sep-20-22 10:46AM
Corning, Inc. engages in the provision of 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 polymer products for biotechnology applications, optical materials for the semiconductor industry and the scientific community, and polycrystalline silicon products 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 flat panel displays, including organic light-emitting diodes and liquid crystal displays that are used primarily in televisions, notebook computer, desktop monitors, tablets, and handheld devices. 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. The Specialty Materials segment engages in the manufacture of products that provide material formulations for glass, glass ceramics and crystals, and precision metrology instruments and software. The Life Sciences segment develops, manufactures, and supplies laboratory products. The company was founded by Amory Houghton Sr. in 1851 and is headquartered in Corning, NY.
Insider Trading
Relationship
Date
Transaction
Cost
#Shares
Value ($)
#Shares Total
SEC Form 4
Capps Cheryl C SVP & Chief Supply Chain Off. Aug 31 Option Exercise 0.00 2,170 0 32,458 Sep 01 04:07 PM STEVERSON LEWIS A EVP and CLAO Jul 26 Option Exercise 19.65 3,169 62,271 46,088 Jul 28 04:01 PM WEEKS WENDELL P Chairman and CEO Jul 26 Sale 33.78 100,000 3,378,000 847,474 Jul 28 04:02 PM STEVERSON LEWIS A EVP and CLAO Jul 26 Sale 34.25 16,710 572,324 29,378 Jul 28 04:01 PM Bell Michael Alan Senior VP & GM, Optical Comm. Jun 16 Option Exercise 19.65 1,799 35,350 35,045 Jun 20 04:06 PM Bell Michael Alan Senior VP & GM, Optical Comm. Jun 16 Sale 35.00 35,045 1,226,579 0 Jun 20 04:06 PM STEVERSON LEWIS A EVP and CLAO Jun 15 Option Exercise 0.00 580 0 43,216 Jun 16 04:06 PM Bayne John P JR SVP &GM, Mobile Consumer Elec. Jun 13 Sale 32.99 11,000 362,890 18,313 Jun 14 04:01 PM Evenson Jeffrey W Exec. VP & Chief Strategy Off May 15 Option Exercise 14.92 28,902 431,251 112,310 May 17 04:08 PM Fang Li President & GM, International May 15 Option Exercise 0.00 4,534 0 4,534 May 17 04:09 PM McRae Lawrence D Vice Chairman & Corp. Dev. Off May 15 Option Exercise 0.00 13,123 0 223,231 May 17 04:10 PM Capps Cheryl C SVP & Chief Supply Chain Off. May 15 Option Exercise 0.00 4,517 0 104,517 May 17 04:06 PM Curran Martin J Exec. VP & Innovation Officer May 15 Option Exercise 0.00 9,225 0 9,225 May 17 04:07 PM Bell Michael Alan Senior VP & GM, Optical Comm. May 15 Option Exercise 0.00 4,892 0 35,421 May 17 04:05 PM Bayne John P JR SVP &GM, Mobile Consumer Elec. May 15 Option Exercise 0.00 4,892 0 31,811 May 17 04:03 PM Becker Stefan Senior VP & Controller May 15 Option Exercise 0.00 4,137 0 31,334 May 17 04:04 PM Amin Jaymin SVP and Chief Tech. Officer May 15 Option Exercise 0.00 3,496 0 98,478 May 17 04:02 PM Zhang John Z Sr VP&GM Display &Corning Asia May 15 Option Exercise 0.00 5,474 0 18,020 May 17 04:17 PM Verkleeren Ronald L Senior VP & GM, Life Sciences May 15 Option Exercise 0.00 3,442 0 38,872 May 17 04:15 PM WEEKS WENDELL P Chairman and CEO May 15 Option Exercise 0.00 40,607 0 968,205 May 17 04:16 PM STEVERSON LEWIS A EVP and CLAO May 15 Option Exercise 0.00 10,502 0 47,998 May 17 04:15 PM Nelson Avery H III Sr VP & GM, Automotive & Solar May 15 Option Exercise 0.00 4,659 0 43,023 May 17 04:13 PM Schlesinger Edward A Exec. Vice President and CFO May 15 Option Exercise 0.00 4,374 0 72,399 May 17 04:14 PM Mullins Anne Retired Senior Vice President May 15 Option Exercise 0.00 3,736 0 3,736 May 17 04:11 PM Musser Eric S President and COO May 15 Option Exercise 0.00 13,827 0 187,218 May 17 04:12 PM Evenson Jeffrey W Exec. VP & Chief Strategy Off May 15 Sale 31.04 20,528 637,203 91,782 May 17 04:08 PM Mullins Anne Retired Senior Vice President May 10 Option Exercise 19.65 9,106 178,933 49,882 May 12 04:07 PM Mullins Anne Retired Senior Vice President May 10 Sale 31.34 49,882 1,563,087 0 May 12 04:07 PM Zhang John Z Sr VP&GM Display &Corning Asia May 05 Sale 31.45 15,000 471,784 12,546 May 09 04:01 PM France Robert P. Retired Sr VP, Human Resources May 01 Option Exercise 0.00 5,156 0 46,382 May 03 04:04 PM Capps Cheryl C SVP & Chief Supply Chain Off. May 01 Sale 33.14 28,574 946,914 100,000 May 02 04:13 PM STEVERSON LEWIS A EVP and CLAO Apr 28 Sale 33.11 21,833 722,832 37,496 May 02 04:12 PM Nelson Avery H III Sr VP & GM, Automotive & Solar Apr 27 Option Exercise 0.00 1,688 0 40,052 Apr 28 04:04 PM Capps Cheryl C SVP & Chief Supply Chain Off. Apr 14 Option Exercise 0.00 36,481 0 141,908 Apr 18 04:06 PM Curran Martin J Exec. VP & Innovation Officer Apr 14 Option Exercise 0.00 95,112 0 95,112 Apr 18 04:07 PM Bell Michael Alan Senior VP & GM, Optical Comm. Apr 14 Option Exercise 0.00 50,081 0 50,081 Apr 18 04:05 PM Bayne John P JR SVP &GM, Mobile Consumer Elec. Apr 14 Option Exercise 0.00 50,178 0 50,178 Apr 18 04:04 PM Becker Stefan Senior VP & Controller Apr 14 Option Exercise 0.00 30,401 0 40,420 Apr 18 04:05 PM Amin Jaymin SVP and Chief Tech. Officer Apr 14 Option Exercise 0.00 28,101 0 106,777 Apr 18 04:02 PM Zhang John Z Sr VP&GM Display &Corning Asia Apr 14 Option Exercise 0.00 55,734 0 55,734 Apr 18 04:17 PM WEEKS WENDELL P Chairman and CEO Apr 14 Option Exercise 0.00 476,606 0 1,159,707 Apr 18 04:16 PM STEVERSON LEWIS A EVP and CLAO Apr 14 Option Exercise 0.00 115,656 0 115,656 Apr 18 04:14 PM Verkleeren Ronald L Senior VP & GM, Life Sciences Apr 14 Option Exercise 0.00 38,577 0 53,324 Apr 18 04:15 PM Nelson Avery H III Sr VP & GM, Automotive & Solar Apr 14 Option Exercise 0.00 51,993 0 63,737 Apr 18 04:12 PM Schlesinger Edward A Exec. Vice President and CFO Apr 14 Option Exercise 0.00 29,068 0 80,434 Apr 18 04:13 PM Musser Eric S President and COO Apr 14 Option Exercise 0.00 134,503 0 238,896 Apr 18 04:12 PM McRae Lawrence D Vice Chairman & Corp. Dev. Off Apr 14 Option Exercise 0.00 124,466 0 270,724 Apr 18 04:10 PM Mullins Anne Retired Senior Vice President Apr 14 Option Exercise 0.00 58,625 0 67,124 Apr 18 04:11 PM France Robert P. Senior VP, Human Resources Apr 14 Option Exercise 0.00 36,421 0 58,763 Apr 18 04:09 PM Evenson Jeffrey W Exec. VP & Chief Strategy Off Apr 14 Option Exercise 0.00 74,328 0 127,814 Apr 18 04:08 PM Amin Jaymin SVP and Chief Tech. Officer Mar 28 Option Exercise 0.00 1,988 0 80,664 Mar 30 04:06 PM Fang Li President & GM, International Mar 07 Option Exercise 14.35 19,909 285,711 19,909 Mar 08 04:00 PM Fang Li President & GM, International Mar 07 Sale 35.17 19,909 700,178 0 Mar 08 04:00 PM McRae Lawrence D Vice Chairman & Corp. Dev. Off Feb 27 Option Exercise 20.09 41,990 843,729 188,248 Mar 01 04:07 PM McRae Lawrence D Vice Chairman & Corp. Dev. Off Feb 27 Sale 34.31 41,990 1,440,484 146,258 Mar 01 04:07 PM Zhang John Z Senior VP & GM, Display Feb 16 Sale 35.52 5,744 204,004 0 Feb 17 04:14 PM WEEKS WENDELL P Chairman and CEO Feb 13 Option Exercise 20.90 97,167 2,031,253 780,268 Feb 14 04:05 PM WEEKS WENDELL P Chairman and CEO Feb 13 Sale 35.51 97,167 3,450,361 683,101 Feb 14 04:05 PM Zhang John Z Senior VP & GM, Display Feb 03 Sale 36.00 4,655 167,593 5,744 Feb 06 04:00 PM WEEKS WENDELL P Chairman and CEO Jan 05 Option Exercise 0.00 3,910 0 687,011 Jan 09 04:16 PM STEVERSON LEWIS A EVP and CLAO Jan 05 Option Exercise 0.00 1,398 0 1,398 Jan 09 04:14 PM Schlesinger Edward A Exec. Vice President and CFO Jan 05 Option Exercise 0.00 888 0 52,254 Jan 09 04:13 PM Musser Eric S President and COO Jan 05 Option Exercise 0.00 1,673 0 106,066 Jan 09 04:12 PM McRae Lawrence D Vice Chairman & Corp. Dev. Off Jan 05 Option Exercise 0.00 1,040 0 147,298 Jan 09 04:10 PM Mullins Anne Retired Senior Vice President Jan 05 Option Exercise 0.00 2,769 0 11,268 Jan 09 04:11 PM Evenson Jeffrey W Exec. VP & Chief Strategy Off Jan 05 Option Exercise 0.00 912 0 54,398 Jan 09 04:08 PM France Robert P. Senior VP, Human Resources Jan 05 Option Exercise 0.00 653 0 22,995 Jan 09 04:09 PM Curran Martin J Exec. VP & Innovation Officer Jan 05 Option Exercise 0.00 904 0 904 Jan 09 04:07 PM Capps Cheryl C SVP & Chief Supply Chain Off. Jan 05 Option Exercise 0.00 597 0 106,024 Jan 09 04:06 PM Bayne John P JR SVP &GM, Mobile Consumer Elec. Jan 05 Option Exercise 0.00 821 0 821 Jan 09 04:03 PM Bell Michael Alan Senior VP & GM, Optical Comm. Jan 05 Option Exercise 0.00 739 0 739 Jan 09 04:05 PM Schlesinger Edward A Exec. Vice President and CFO Nov 01 Option Exercise 0.00 1,628 0 52,994 Nov 03 04:08 PM
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