GLW Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of GLW, the DDM model, as implemented by StockNews, implies a negative return of 49.22% relative to its current price. Digging deeper, the aspects of Corning Inc's dividend discount model that we found most interesting were:

• In comparison to other stocks in the Technology sector, GLW provides shareholders with a dividend yield greater than 74.19% such stocks.
• A stock's beta generally indicates its volatility relative to the broader equity market; for Corning Inc, its beta is lower than merely 24.51% of dividend issuing stocks we observed.
• In comparison to its fellow dividend issuing stocks in the Technology sector, Corning Inc has an equity discount rate lower than merely 10.48% of them.

GLW Dividends vs. Peers