Average Brokerage Rating Of Corning Incorporated (GLW), PayPal Holdings, Inc. (PYPL)

Corning Incorporated

Average Brokerage Rating Of Corning Incorporated (GLW), PayPal Holdings, Inc. (PYPL)

In 2015, Corning Incorporated (NYSE:GLW) stock made a high of $26.990 while the lowest mark was $17.690. After trading began at $57.22 the stock was seen hitting $57.65 as a peak level and $57.02 as the lowest level. Russell Investments Group Ltd. owned 0.09% of Corning at the end of the most recent reporting period. Beta factor, which measures the riskiness of the security, was observed as 1.39. BKS Advisors LLC purchased a new stake in shares of Corning during the third quarter valued at $103,000. SRB Corp purchased a new position in Corning during the third quarter worth about $170,000. During its last trading session, Stock traded with the total exchanged volume of 7.29 million shares.

Shares of Corning Incorporated (NYSE:GLW) surged 0.44% to $27.36. The company has a market cap of $25,281 million. Latest closing price was 8.80% above its 50-day moving average and 21.16% above its 200-day moving average.

Corning (NYSE:GLW) last released its earnings results on Tuesday, January 24th. The company reported $0.72 EPS for the quarter, beating the analyst consensus estimate by $ 0.12. Corning had a net margin of 39.35% and a return on equity of 10.90%. The company had revenue of $2551.00 million for the quarter, compared to analysts expectations of $2494.28 million. During the same quarter past year, the company earned $0.34 EPS. 0 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 31st. It has a dividend yield of 2.27%. This is a positive change from Corning's previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Friday, February 24th. Corning's dividend payout ratio (DPR) is 16.67%.

This piece of content was originally published by Community Financial News and is the property of of Community Financial News. If you are viewing this story on another domain, it was illegally copied and republished in violation of United States and global trademark and copyright law. Analysts set a 12-month price target of $26.5 a share. The mean PT for this stock is at $26.50 while the max. level suggested by the brokerage firms is $31.00 and min. PT is $14.50. Sanford C. Bernstein cut Corning from an "outperform" rating to a "market perform" rating and set a $26.00 price target for the company.in a research note on Wednesday, February 1st. Zacks Investment Research downgraded shares of Corning from a "buy" rating to a "hold" rating in a report on Thursday, November 10th. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.5.

PayPal Holdings, Inc. (NASDAQ:PYPL) went up 0.60% during trading on the United States exchange when it had traded 7.12M shares. The stock has been rated an average of 2.47 by 15 Brokerage Firm. The company's institutional ownership is monitored at 82.4 percent. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

In related news, insider David L. Morse sold 128,103 shares of Corning stock in a transaction that occurred on Wednesday, January 25th. The disclosure for this sale can be found here. Insiders sold a total of 542,876 shares of company stock valued at $13,990,430 over the last ninety days. Owens Corning people redefine what is possible each day to deliver high-quality products and services ranging from insulation, roofing, siding and stone, to glass composite materials used in transportation, electronics, telecommunications and other high-performance applications.

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