"This Will Be Worse Than the Great Depression, the Dot-Com Crash, and the 2008 Crisis Combined"
According to Dan Ferris, who has predicted nearly every major market crisis of the last 25 years, a new crisis in the US economy could soon cost you 50% of your portfolio or more if you don't prepare your wealth now. Especially if you're sitting on large gains.
Shares Stats
| Shares Outstanding | 814,000,000 |
| Shares Float | 779,200,000 |
| Shares Short | 10,680,000 |
| Insider Holdings | 895% |
| Institution Holdings | 72.66% |
About Corning, Inc
Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. The company's Specialty Materials segment manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for various markets comprising mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Its Environmental Technologies segment provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products, including consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Pyrex, Falcon, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.
General
| Name | Corning, Inc |
| Ticker | GLW |
| Exchange | NYSE |
| Sector | Technology |
| Industry | Electronic Components |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 49,800 |
Highlights
| Analyst Target | 54.62 |
| Market Cap | 40,781,200,000 |
| PE Ratio | 266.39 |
| PEG Ratio | 0.61 |
| EBITDA | 2,607,000,064 |
Financials
| Curr Year EPS Estimate | 1.95 |
| Next Quarter EPS Estimate | 0.52 |
| Profit Margin | 1.24% |
| Operating Margin | 10.62 |
| Return on Assets | 0.03 |
| Return on Equity | 0.02 |
| Revenue | 12.6B |
| Earnings Per Share | 0.19 |
| Revenue Per Share | 14.81 |
| Gross Profit | 4,843,000,000 |
| Quarterly Revenue Growth | 0.07 |
Valuation
| Trailing PE | 252.11 |
| Forward PE | 20.79 |
| Price/Sales (Trailing 12 Mt.) | 3.25 |
| Price/Book (Most Recent Quarter) | 3.69 |
Dividend
Corning, Inc pays out a dividend of $1.12 per share, with a dividend yield of 2.36%.
GLW's last dividend payment was made to shareholders on December 13, 2024.
They pay out 165.58% of their earnings out as a dividend.
Recent Dividends
| Dec 13, 2024 | $0.28 |
| Sep 27, 2024 | $0.28 |
| Jun 27, 2024 | $0.28 |
| Mar 28, 2024 | $0.28 |
| Dec 15, 2023 | $0.28 |
| Sep 28, 2023 | $0.28 |
| Jun 29, 2023 | $0.28 |
| Mar 30, 2023 | $0.28 |
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