Is Corning, Inc (NYSE: GLW) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

GLW belongs to the Technology sector of the NYSE while operating in the Electronic Components industry. The current market capitalization of Corning, Inc is $40.04B. A total of 7.45 million shares were traded on the day, compared to an average of 5.38M shares.

In the most recent transaction, WEEKS WENDELL P sold 55,831 shares of GLW for 50.11 per share on Feb 28 ’25. After the transaction, the Chairman and CEO now owns 762,820 company shares. In a previous transaction on Feb 27 ’25, WEEKS WENDELL P sold 44,169 shares at 50.04 per share. GLW shares that Chairman and CEO owns now total 818,651.

Among the insiders who bought shares, Wendell P. Weeks acquired of 100,000 shares on Feb 27 ’25 at a per-share price of $50.15. In another insider transaction, Schlesinger Edward A sold 4,137 shares at $52.82 per share on Feb 19 ’25. Company shares held by the Exec. Vice President and CFO now total 76,674.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Corning, Inc pays an annual dividend of $1.12, resulting in a dividend yield of 2.40%, and it has a price to earnings (P/E) ratio of 80.08. GLW’s most recent ex-dividend date was 2.2% when it declared a $0.28 quarterly dividend that was paid in cash on 2/28/2025. Previously, the company paid the dividend on 11/15/2024 with an ex-dividend date of 2.49%. The GLW stock dividend was $0.28 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, GLW has a high of $55.33 and a low of $30.72.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $13.14, while its Total Shareholder’s Equity was $12.54B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 4.45.

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