In recent trading session, Corning, Inc (NYSE:GLW) saw 0.73 million shares changing hands at last check today with its beta currently measuring 1.10. Company’s recent per share price level of $52.11 trading at $0.41 or 0.79% at last check today assigns it a market valuation of $44.63B. That most recent trading price of GLW’s stock is at a discount of -6.18% from its 52-week high price of $55.33 and is indicating a premium of 28.65% from its 52-week low price of $37.18. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.96 million shares which gives us an average trading volume of 5.59 million if we extend that period to 3-months.
For Corning, Inc (GLW), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 1.76. Splitting up the data highlights that, out of 14 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 7 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Corning, Inc (NYSE:GLW) trade information
Upright in the green today for gaining 0.79%, in the last five days GLW remained trading in the green while hitting it’s week-highest on Tuesday, 06/24/25 when the stock touched $52.11 price level, adding 0.4% to its value on the day. Corning, Inc’s shares saw a change of 31.03% in year-to-date performance and have moved 3.35% in past 5-day. Corning, Inc (NYSE:GLW) showed a performance of 5.38% in past 30-days. Number of shares sold short was 13.07 million shares which calculate 2.49 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 56 to the stock, which implies a rise of 6.95% to its recent value today. Analysts have been projecting 52 as a low price target for the stock while placing it at a high target of 60. It follows that stock’s current price would jump 0.21% in reaching the projected high whereas dropping to the targeted low would mean a gain of 0.21% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -11.42% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 19.90% while estimates for its earnings growth in next 5 years are of 14.96%.
GLW Dividends
Corning, Inc is more likely to be releasing its next quarterly report on 2025-Apr-29 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 2.15%, the share has a forward dividend of 1.12 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.83%.
Corning, Inc (NYSE:GLW)’s Major holders
Insiders are in possession of 8.61% of company’s total shares while institution are holding 74.07 percent of that, with stock having share float percentage of 81.05%. Investors also watch the number of corporate investors in a company very closely, which is 74.07% institutions for Corning, Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at GLW for having 98.17 million shares of worth $3.81 billion. And as of 2024-06-30, it was holding 11.5088 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 62.16 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.2869 of outstanding shares, having a total worth of $2.41 billion.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 24.37 shares of worth $1.27 billion or 2.85% of the total outstanding shares. The later fund manager was in possession of 21.42 shares on Mar 31, 2025 , making its stake of worth around $1.12 billion in the company or a holder of 2.50% of company’s stock.
