The Question Is Whether To Buy Or Not To Buy Corning, Inc. (NYSE: GLW)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Corning, Inc. is listed on the NYSE as a member of the Technology sector and is a part of the Electronic Components industry. The current market capitalization of Corning, Inc. is $40.12B. A total of 4.86 million shares were traded on the day, compared to an average of 5.20M shares.

In the most recent transaction, Bayne John P JR sold 5,000 shares of GLW for 42.50 per share on Sep 13 ’24. After the transaction, the Retired Senior Vice President now owns 11,700 company shares. In a previous transaction on Sep 06 ’24, Bayne John P JR bought 5,000 shares at 40.65 per share.

Among the insiders who sold shares, Bayne John P JR disposed of 7,774 shares on Aug 27 ’24 at a per-share price of $42.03. This resulted in the Retired Senior Vice President holding 1,042 shares of GLW after the transaction. In another insider transaction, John Bayne Jr. bought 7,774 shares at $42.03 per share on Aug 27 ’24.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Corning, Inc. pays an annual dividend of $1.12, resulting in a dividend yield of 2.39%, and it has a price to earnings (P/E) ratio of 92.52. GLW’s most recent ex-dividend date was 11/15/2024 when it declared a $0.28 quarterly dividend that was paid in cash on 12/13/2024. Previously, the company paid the dividend on 9/27/2024 with an ex-dividend date of 8/30/2024. The GLW stock dividend was $0.28 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, GLW has a high of $47.45 and a low of $25.26.

As of this writing, GLW has an earnings estimate of $0.52 per share for the current quarter. EPS was calculated based on a consensus of 12.0 estimates, with a high estimate of $0.54 per share and a lower estimate of $0.5. The company reported an EPS of $0.45 in the last quarter

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GLW’s latest balance sheet shows that the firm has $2.15B in Cash & Short Term Investments as of fiscal 2021. There were $7.83B in debt and $4.81B in liabilities at the time. Its Book Value Per Share was $12.99, while its Total Shareholder’s Equity was $12.54B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GLW is Buy with a score of 4.33.

Most Popular

Related Posts