Shares of Industrials sector company Corning moved 1.6% today, and are now trading at a price of $85.88. The Large-Cap stock's daily volume was 610,151 compared to its average volume of 7,388,500. The S&P 500 index returned a 1.0% performance.
Corning Incorporated operates in optical communications, display technologies, environmental technologies, specialty materials, and life sciences businesses. The company is based in Corning and has 56,300 full time employees. Its market capitalization is $73,566,412,800. Corning currently offers its equity investors a dividend that yields 1.3% per year.
12 analysts are following Corning and have set target prices ranging from $47.0 to $93.0 per share. On average, they have given the company a rating of buy. At today's prices, GLW is trading 10.46% away from its average analyst target price of $77.75 per share.
Over the last year, GLW's share price has increased by 79.7%, which represents a difference of 65.8% when compared to the S&P 500. The stock's 52 week high is $87.78 per share whereas its 52 week low is $37.31. With average free cash flows of $871.83 Million that have been growing at an average rate of 17.9% over the last 5 years, Corning is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 1,939,000 | 965,000 | 974,000 | 58.37 |
| 2023 | 2,005,000 | 1,390,000 | 615,000 | -39.17 |
| 2022 | 2,615,000 | 1,604,000 | 1,011,000 | -43.04 |
| 2021 | 3,412,000 | 1,637,000 | 1,775,000 | 121.05 |
| 2020 | 2,180,000 | 1,377,000 | 803,000 | 1415.09 |
| 2019 | 2,031,000 | 1,978,000 | 53,000 |
