Zacks Research Comments on Corning’s Q2 Earnings (NYSE:GLW)

Corning Incorporated (NYSE:GLW) – Investment analysts at Zacks Research lifted their Q2 2025 earnings per share estimates for shares of Corning in a report issued on Thursday, March 20th. Zacks Research analyst R. Department now forecasts that the electronics maker will post earnings of $0.57 per share for the quarter, up from their prior estimate of $0.56. The consensus estimate for Corning’s current full-year earnings is $2.33 per share. Zacks Research also issued estimates for Corning’s FY2025 earnings at $2.29 EPS, Q1 2026 earnings at $0.60 EPS, Q2 2026 earnings at $0.65 EPS, Q4 2026 earnings at $0.76 EPS, FY2026 earnings at $2.70 EPS and FY2027 earnings at $2.87 EPS.

Corning (NYSE:GLW) last posted its quarterly earnings results on Wednesday, January 29th. The electronics maker reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.01. Corning had a return on equity of 15.10% and a net margin of 3.86%.

Several other research analysts also recently issued reports on GLW. Morgan Stanley lifted their price objective on Corning from $39.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. Citigroup upped their price objective on Corning from $55.00 to $58.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st. Bank of America lifted their price objective on Corning from $65.00 to $68.00 and gave the stock a “buy” rating in a research report on Wednesday, March 19th. Barclays reduced their target price on shares of Corning from $53.00 to $52.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 29th. Finally, Hsbc Global Res upgraded shares of Corning from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 30th. Four analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $54.31.

Corning Stock Up 2.8 %

GLW opened at $49.88 on Monday. Corning has a one year low of $30.72 and a one year high of $55.33. The company has a market cap of $42.72 billion, a price-to-earnings ratio of 85.99, a PEG ratio of 1.50 and a beta of 1.03. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.07 and a current ratio of 1.62. The business’s fifty day moving average is $49.98 and its two-hundred day moving average is $47.78.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of GLW. Sound Income Strategies LLC raised its holdings in shares of Corning by 76.7% during the 4th quarter. Sound Income Strategies LLC now owns 523 shares of the electronics maker’s stock valued at $25,000 after buying an additional 227 shares during the period. Sierra Ocean LLC purchased a new position in Corning in the 4th quarter worth approximately $25,000. Asset Planning Inc acquired a new stake in Corning in the fourth quarter valued at approximately $29,000. Vermillion Wealth Management Inc. purchased a new stake in shares of Corning during the fourth quarter valued at approximately $29,000. Finally, Putney Financial Group LLC acquired a new position in shares of Corning during the fourth quarter worth $30,000. Institutional investors and hedge funds own 69.80% of the company’s stock.

Insider Activity at Corning

In other Corning news, SVP Michael Alan Bell sold 2,209 shares of Corning stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $49.87, for a total transaction of $110,162.83. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Eric S. Musser sold 30,000 shares of the stock in a transaction on Friday, January 31st. The stock was sold at an average price of $51.92, for a total transaction of $1,557,600.00. Following the completion of the sale, the chief operating officer now directly owns 152,944 shares of the company’s stock, valued at $7,940,852.48. The trade was a 16.40 % decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is owned by insiders.

Corning Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be given a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 2.25%. The ex-dividend date is Friday, February 28th. Corning’s dividend payout ratio (DPR) is currently 193.10%.

About Corning

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.