What is Zacks Research’s Forecast for Corning Q1 Earnings?

Corning Incorporated (NYSE:GLW) – Research analysts at Zacks Research raised their Q1 2025 earnings estimates for shares of Corning in a research note issued on Wednesday, February 19th. Zacks Research analyst R. Department now forecasts that the electronics maker will post earnings per share of $0.49 for the quarter, up from their prior forecast of $0.47. The consensus estimate for Corning’s current full-year earnings is $2.33 per share. Zacks Research also issued estimates for Corning’s Q2 2025 earnings at $0.56 EPS, FY2025 earnings at $2.28 EPS, Q1 2026 earnings at $0.59 EPS, Q3 2026 earnings at $0.69 EPS, FY2026 earnings at $2.67 EPS and FY2027 earnings at $2.84 EPS.

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

A number of other brokerages have also issued reports on GLW. JPMorgan Chase & Co. raised their price target on shares of Corning from $55.00 to $60.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. StockNews.com raised shares of Corning from a “hold” rating to a “buy” rating in a report on Tuesday, December 24th. Barclays cut their price target 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. Hsbc Global Res raised shares of Corning from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 30th. Finally, Morgan Stanley raised their price target on shares of Corning from $39.00 to $48.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 17th. Three investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $53.00.

Corning Price Performance

Shares of NYSE:GLW opened at $51.46 on Friday. The stock has a market cap of $44.08 billion, a PE ratio of 88.72, a PEG ratio of 1.50 and a beta of 1.03. The company’s fifty day moving average is $49.92 and its 200 day moving average is $46.65. Corning has a 52 week low of $30.72 and a 52 week high of $55.33. The company has a quick ratio of 1.07, a current ratio of 1.62 and a debt-to-equity ratio of 0.62.

Corning Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.18%. The ex-dividend date is Friday, February 28th. Corning’s payout ratio is currently 193.11%.

Insider Buying and Selling

In related news, COO Eric S. Musser sold 30,000 shares of the business’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $51.92, for a total transaction of $1,557,600.00. Following the sale, the chief operating officer now owns 152,944 shares of the company’s stock, valued at $7,940,852.48. The trade was a 16.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP John P. Bayne, Jr. sold 8,876 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $49.09, for a total transaction of $435,722.84. The disclosure for this sale can be found here. Insiders have sold 41,085 shares of company stock valued at $2,103,486 over the last quarter. Corporate insiders own 0.40% of the company’s stock.

Institutional Investors Weigh In On Corning

Several hedge funds have recently bought and sold shares of GLW. Sound Income Strategies LLC raised its holdings in Corning by 76.7% in the fourth quarter. Sound Income Strategies LLC now owns 523 shares of the electronics maker’s stock worth $25,000 after buying an additional 227 shares during the last quarter. Sierra Ocean LLC purchased a new position in Corning in the fourth quarter worth about $25,000. Asset Planning Inc purchased a new position in Corning in the fourth quarter worth about $29,000. Vermillion Wealth Management Inc. purchased a new position in Corning in the fourth quarter worth about $29,000. Finally, Putney Financial Group LLC purchased a new position in Corning in the fourth quarter worth about $30,000. Institutional investors own 69.80% of the company’s stock.

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.