Zacks Research Comments on Corning’s Q4 Earnings (NYSE:GLW)

Corning Incorporated (NYSE:GLW) – Analysts at Zacks Research decreased their Q4 2025 earnings per share estimates for Corning in a research report issued on Wednesday, February 19th. Zacks Research analyst R. Department now forecasts that the electronics maker will post earnings per share of $0.61 for the quarter, down from their prior forecast of $0.62. The consensus estimate for Corning’s current full-year earnings is $2.33 per share.

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

A number of other research analysts have also weighed in on the company. Hsbc Global Res upgraded Corning from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 30th. Citigroup increased their price target on Corning from $55.00 to $58.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st. UBS Group increased their price target on Corning from $46.00 to $51.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Oppenheimer reaffirmed an “outperform” rating and set a $58.00 price target (up from $51.00) on shares of Corning in a research report on Wednesday, October 30th. Finally, Barclays decreased their price target 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. Three equities research 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 stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $53.00.

Corning Stock Down 0.8 %

GLW stock opened at $51.46 on Monday. Corning has a twelve month low of $30.72 and a twelve month 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. The stock’s 50 day moving average is $49.92 and its 200-day moving average is $46.77. The firm has a market capitalization of $44.08 billion, a PE ratio of 88.72, a P/E/G ratio of 1.50 and a beta of 1.03.

Corning Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date is Friday, February 28th. Corning’s dividend payout ratio is currently 193.11%.

Insiders Place Their Bets

In other news, COO Eric S. Musser sold 30,000 shares of Corning stock in a transaction on 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 transaction, the chief operating officer now directly owns 152,944 shares in the company, valued at approximately $7,940,852.48. The trade was a 16.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Michael Alan Bell sold 2,209 shares of Corning stock in a transaction on Thursday, January 30th. The shares were 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.

Hedge Funds Weigh In On Corning

Several hedge funds have recently made changes to their positions in GLW. Sound Income Strategies LLC boosted its stake in Corning by 76.7% during the fourth quarter. Sound Income Strategies LLC now owns 523 shares of the electronics maker’s stock valued at $25,000 after buying an additional 227 shares during the period. Sierra Ocean LLC bought a new stake in Corning during the fourth quarter valued at $25,000. Asset Planning Inc bought a new stake in Corning during the fourth quarter valued at $29,000. Vermillion Wealth Management Inc. bought a new stake in Corning during the fourth quarter valued at $29,000. Finally, Putney Financial Group LLC bought a new stake in Corning during the fourth quarter valued at $30,000. 69.80% of the stock is currently owned by hedge funds and other 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.