Corning GLW
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Corning (GLW) Business Model and Operations Summary
Corning is a leader in materials science, specializing in the production of glass, ceramics, and optical fiber. The firm supplies its products for a wide range of applications, from flat-panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.
Key Insights
Corning (GLW) Core Market Data and Business Metrics
Latest Closing Price
$45.54Market Cap
$38.86 BillionPrice-Earnings Ratio
78.52Total Outstanding Shares
856.21 Million SharesTotal Employees
49,800Dividend
$0.28 Per Share QuarterlyIPO Date
May 21, 1945SIC Description
Drawing & Insulating Of Nonferrous WirePrimary Exchange
New York Stock ExchangeHeadquarters
One Riverfront Plaza, Corning, NY, 14831
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Exchange Gains/Losses | $-42 Million |
| Net Cash Flow From Investing Activities, Continuing | $-744 Million |
| Net Cash Flow From Financing Activities, Continuing | $-1.16 Billion |
| Net Cash Flow From Operating Activities, Continuing | $1.94 Billion |
| Net Cash Flow From Financing Activities | $-1.16 Billion |
| Net Cash Flow | $-11 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Cost Of Revenue | $8.84 Billion |
| Income Tax Expense/Benefit, Deferred | $-33 Million |
| Diluted Earnings Per Share | $0.58 |
| Costs And Expenses | $12.30 Billion |
| Operating Income/Loss | $1.14 Billion |
| Net Income/Loss | $592 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $-496 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $-495 Million |
| Comprehensive Income/Loss | $97 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $86 Million |
| Comprehensive Income/Loss Attributable To Parent | $11 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Liabilities | $16.66 Billion |
| Equity Attributable To Parent | $10.69 Billion |
| Current Assets | $7.99 Billion |
| Noncurrent Assets | $19.74 Billion |
| Equity | $11.07 Billion |
| Assets | $27.73 Billion |
Historical Dividends
Current dividend: $0.28 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 12, 2025 | Mar 28, 2025 | Feb 28, 2025 | $0.28 | Quarterly |
| Oct 2, 2024 | Dec 13, 2024 | Nov 15, 2024 | $0.28 | Quarterly |
| Jun 26, 2024 | Sep 27, 2024 | Aug 30, 2024 | $0.28 | Quarterly |
| May 2, 2024 | Jun 27, 2024 | May 31, 2024 | $0.28 | Quarterly |
| Feb 7, 2024 | Mar 28, 2024 | Feb 29, 2024 | $0.28 | Quarterly |
| Oct 4, 2023 | Dec 15, 2023 | Nov 17, 2023 | $0.28 | Quarterly |