Brokers Issue Forecasts for Corning’s Q2 Earnings (NYSE:GLW)

Corning Incorporated (NYSE:GLW) – Zacks Research decreased their Q2 2025 earnings per share estimates for shares of Corning in a research note issued to investors on Tuesday, May 20th. Zacks Research analyst R. Department now expects that the electronics maker will earn $0.56 per share for the quarter, down from their prior estimate of $0.57. The consensus estimate for Corning’s current full-year earnings is $2.33 per share. Zacks Research also issued estimates for Corning’s Q4 2025 earnings at $0.60 EPS, FY2025 earnings at $2.32 EPS, Q1 2026 earnings at $0.57 EPS and Q3 2026 earnings at $0.68 EPS.

Corning (NYSE:GLW) last released its quarterly earnings results on Tuesday, April 29th. The electronics maker reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.03. Corning had a return on equity of 15.10% and a net margin of 3.86%. The company had revenue of $3.68 billion during the quarter, compared to analysts’ expectations of $3.63 billion. During the same quarter in the prior year, the firm posted $0.38 EPS. Corning’s quarterly revenue was up 12.9% compared to the same quarter last year.

A number of other analysts have also recently commented on GLW. Wall Street Zen cut Corning from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Oppenheimer dropped their price target on Corning from $58.00 to $55.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 30th. Barclays dropped their price target on Corning from $53.00 to $52.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 29th. Hsbc Global Res upgraded Corning from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 30th. Finally, Mizuho set a $52.00 price target on Corning in a research report on Tuesday, April 15th. Four analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $53.08.

Corning Trading Up 0.7%

GLW opened at $48.53 on Thursday. Corning has a 52 week low of $35.40 and a 52 week high of $55.33. The business has a fifty day simple moving average of $44.76 and a 200-day simple moving average of $47.51. The firm has a market cap of $41.56 billion, a P/E ratio of 83.67, a P/E/G ratio of 1.50 and a beta of 1.09. The company has a quick ratio of 1.07, a current ratio of 1.62 and a debt-to-equity ratio of 0.62.

Institutional Trading of Corning

Several hedge funds and other institutional investors have recently modified their holdings of GLW. Norges Bank purchased a new stake in shares of Corning during the fourth quarter worth $490,933,000. Polar Capital Holdings Plc bought a new position in Corning during the fourth quarter valued at about $124,253,000. Amundi raised its holdings in Corning by 64.3% during the first quarter. Amundi now owns 6,408,605 shares of the electronics maker’s stock valued at $271,237,000 after buying an additional 2,507,797 shares in the last quarter. Nuveen LLC bought a new position in Corning during the first quarter valued at about $104,789,000. Finally, Mariner LLC raised its holdings in Corning by 134.0% during the fourth quarter. Mariner LLC now owns 3,869,358 shares of the electronics maker’s stock valued at $183,867,000 after buying an additional 2,215,840 shares in the last quarter. 69.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Corning

In related news, SVP Michael Alan Bell sold 20,262 shares of the company’s stock in a transaction on Wednesday, April 30th. The stock was sold at an average price of $44.06, for a total transaction of $892,743.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP John Z. Zhang sold 8,000 shares of the company’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $46.91, for a total value of $375,280.00. Following the completion of the transaction, the vice president now owns 9,610 shares in the company, valued at $450,805.10. This represents a 45.43% decrease in their position. 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 disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, May 30th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.31%. Corning’s dividend payout ratio is presently 215.38%.

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.