Corning Incorporated (NYSE:GLW – Free Report) – Equities researchers at Zacks Research boosted their Q3 2025 earnings estimates for shares of Corning in a research report issued on Wednesday, October 23rd. Zacks Research analyst R. Department now expects that the electronics maker will earn $0.64 per share for the quarter, up from their prior estimate of $0.61. The consensus estimate for Corning’s current full-year earnings is $1.91 per share. Zacks Research also issued estimates for Corning’s Q4 2025 earnings at $0.59 EPS, FY2025 earnings at $2.21 EPS and Q1 2026 earnings at $0.56 EPS.
Corning (NYSE:GLW – Get Free Report) last issued its earnings results on Tuesday, July 30th. The electronics maker reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.01. The company had revenue of $3.60 billion during the quarter, compared to the consensus estimate of $3.55 billion. Corning had a return on equity of 12.69% and a net margin of 3.53%. The company’s revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.45 earnings per share.
Check Out Our Latest Analysis on Corning
Corning Stock Down 0.2 %
NYSE GLW opened at $46.81 on Thursday. The company has a quick ratio of 0.98, a current ratio of 1.57 and a debt-to-equity ratio of 0.63. Corning has a fifty-two week low of $26.37 and a fifty-two week high of $47.72. The business has a 50 day moving average price of $43.61 and a two-hundred day moving average price of $39.63. The stock has a market cap of $40.10 billion, a PE ratio of 65.93, a P/E/G ratio of 1.77 and a beta of 1.04.
Corning Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.12 annualized dividend and a yield of 2.39%. Corning’s payout ratio is 157.75%.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Price T Rowe Associates Inc. MD raised its stake in Corning by 35.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 17,200,828 shares of the electronics maker’s stock worth $566,941,000 after acquiring an additional 4,464,893 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Corning by 4.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 10,342,949 shares of the electronics maker’s stock worth $401,826,000 after purchasing an additional 426,864 shares during the period. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in shares of Corning by 2.1% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 2,096,759 shares of the electronics maker’s stock worth $69,109,000 after purchasing an additional 42,832 shares during the last quarter. Natixis boosted its position in Corning by 2,405.2% during the 1st quarter. Natixis now owns 1,807,801 shares of the electronics maker’s stock valued at $59,585,000 after purchasing an additional 1,735,638 shares during the period. Finally, Raymond James & Associates grew its stake in Corning by 2.6% during the 2nd quarter. Raymond James & Associates now owns 1,664,540 shares of the electronics maker’s stock worth $64,667,000 after buying an additional 42,818 shares during the last quarter. 69.80% of the stock is currently owned by institutional investors.
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.
Read More
- Five stocks we like better than Corning
- What is a Dividend King?
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- CD Calculator: Certificate of Deposit Calculator
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- How to Calculate Inflation Rate
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for Corning Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corning and related companies with MarketBeat.com's FREE daily email newsletter.