Zacks Research Brokers Boost Earnings Estimates for Corning

Corning Incorporated (NYSE:GLW) – Analysts at Zacks Research increased their Q2 2025 EPS estimates for Corning in a research note issued to investors on Thursday, March 20th. Zacks Research analyst R. Department now anticipates that the electronics maker will post earnings of $0.57 per share for the quarter, up from their prior forecast 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 announced its earnings results on Wednesday, January 29th. The electronics maker reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.01. Corning had a net margin of 3.86% and a return on equity of 15.10%.

Other equities research analysts have also recently issued reports about the stock. Morgan Stanley raised their price objective on shares of Corning from $39.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 17th. StockNews.com lowered Corning from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Barclays cut their price objective on Corning from $53.00 to $52.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 29th. Bank of America upped their target price on shares of Corning from $65.00 to $68.00 and gave the company a “buy” rating in a research report on Wednesday, March 19th. Finally, Citigroup lifted their price target on shares of Corning from $55.00 to $58.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st. Four analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Corning presently has an average rating of “Moderate Buy” and an average price target of $54.31.

Corning Stock Performance

Shares of Corning stock 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 debt-to-equity ratio of 0.62, a quick ratio of 1.07 and a current ratio of 1.62. The business’s 50 day moving average price is $49.98 and its 200 day moving average price is $47.78. 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.

Institutional Trading of Corning

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

Insider Activity

In other Corning news, COO Eric S. Musser sold 30,000 shares of Corning stock in a transaction dated 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Michael Alan Bell sold 2,209 shares of the company’s stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $49.87, for a total value of $110,162.83. The disclosure for this sale can be found here. Company insiders own 0.40% of the company’s stock.

Corning Announces Dividend

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

Corning Company Profile

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.