What is Zacks Research's Estimate for Corning Q3 Earnings?

Corning Incorporated (NYSE:GLW - Free Report) - Investment analysts at Zacks Research raised their Q3 2025 earnings per share (EPS) estimates for shares of Corning in a research report issued to clients and investors on Monday, April 21st. Zacks Research analyst R. Department now anticipates that the electronics maker will post earnings per share of $0.63 for the quarter, up from their previous estimate of $0.62. 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 $2.31 EPS, Q2 2026 earnings at $0.66 EPS, Q4 2026 earnings at $0.77 EPS, FY2026 earnings at $2.73 EPS, Q1 2027 earnings at $0.66 EPS and FY2027 earnings at $2.88 EPS.

GLW has been the subject of a number of other research reports. Mizuho set a $52.00 price objective on shares of Corning in a report on Tuesday, April 15th. JPMorgan Chase & Co. dropped their price objective on shares of Corning from $62.00 to $50.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. StockNews.com lowered shares of Corning from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Barclays cut their price objective on shares of Corning from $53.00 to $52.00 and set an "equal weight" rating on the stock in a research note on Wednesday, January 29th. Finally, Citigroup reduced their price target on shares of Corning from $58.00 to $50.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Four research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $53.31.

Corning Stock Down 1.3 %

Shares of GLW stock traded down $0.59 during trading hours on Wednesday, hitting $43.59. 2,623,719 shares of the company were exchanged, compared to its average volume of 5,973,165. 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 stock has a market capitalization of $37.35 billion, a price-to-earnings ratio of 75.16, a P/E/G ratio of 1.50 and a beta of 1.03. Corning has a one year low of $31.37 and a one year high of $55.33. The business's 50-day simple moving average is $45.45 and its two-hundred day simple moving average is $47.61.

Corning (NYSE:GLW - Get Free Report) last posted its quarterly earnings data 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 return on equity of 15.10% and a net margin of 3.86%.

Corning Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.57%. The ex-dividend date was Friday, February 28th. Corning's payout ratio is 193.10%.

Insider Buying and Selling

In other Corning news, SVP Michael Alan Bell sold 2,209 shares of the business's stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $49.87, for a total value of $110,162.83. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Eric S. Musser sold 30,000 shares of the business's stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $51.92, for a total value 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. This represents a 16.40 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.40% of the company's stock.

Institutional Investors Weigh In On Corning

A number of hedge funds have recently bought and sold shares of GLW. Vanguard Group Inc. lifted its holdings in shares of Corning by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 99,903,247 shares of the electronics maker's stock worth $4,747,402,000 after buying an additional 916,528 shares during the last quarter. Geode Capital Management LLC raised its stake in Corning by 3.0% during the 4th quarter. Geode Capital Management LLC now owns 18,470,610 shares of the electronics maker's stock valued at $875,633,000 after purchasing an additional 533,686 shares during the last quarter. Northern Trust Corp boosted its holdings in Corning by 2.0% in the 4th quarter. Northern Trust Corp now owns 10,870,375 shares of the electronics maker's stock valued at $516,560,000 after purchasing an additional 208,826 shares during the period. Norges Bank bought a new stake in Corning in the 4th quarter valued at $490,933,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Corning by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 9,800,573 shares of the electronics maker's stock worth $465,723,000 after purchasing an additional 78,497 shares during the period. 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.