Zacks Research Issues Positive Estimate for Corning Earnings

Corning Incorporated (NYSE:GLW) – Investment analysts at Zacks Research boosted their FY2026 earnings per share estimates for Corning in a research report issued to clients and investors on Monday, November 24th. Zacks Research analyst Team now forecasts that the electronics maker will post earnings per share of $2.90 for the year, up from their prior forecast of $2.87. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Corning’s current full-year earnings is $2.33 per share. Zacks Research also issued estimates for Corning’s Q4 2026 earnings at $0.83 EPS, Q1 2027 earnings at $0.62 EPS, Q3 2027 earnings at $0.86 EPS and FY2027 earnings at $3.10 EPS.

Corning (NYSE:GLW) last released its quarterly earnings data on Tuesday, October 28th. The electronics maker reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.01. Corning had a return on equity of 18.12% and a net margin of 9.16%.The business had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.24 billion. During the same quarter in the prior year, the business posted $0.54 EPS. The business’s revenue for the quarter was up 20.9% on a year-over-year basis. Corning has set its Q4 2025 guidance at 0.680-0.72 EPS.

GLW has been the subject of a number of other reports. JPMorgan Chase & Co. boosted their price target on shares of Corning from $85.00 to $100.00 and gave the company an “overweight” rating in a research report on Wednesday, October 29th. Citigroup upped their target price on Corning from $93.00 to $99.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Mizuho set a $97.00 price objective on Corning in a report on Wednesday, October 29th. Oppenheimer set a $100.00 target price on shares of Corning and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. Finally, UBS Group reiterated a “buy” rating and issued a $109.00 price target (up previously from $100.00) on shares of Corning in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Corning has an average rating of “Moderate Buy” and a consensus target price of $91.64.

Corning Stock Performance

Shares of Corning stock opened at $82.94 on Wednesday. The firm has a market capitalization of $71.11 billion, a P/E ratio of 52.49, a P/E/G ratio of 1.99 and a beta of 1.15. The company has a quick ratio of 0.93, a current ratio of 1.56 and a debt-to-equity ratio of 0.62. Corning has a 52 week low of $37.31 and a 52 week high of $92.57. The firm’s 50 day moving average is $84.10 and its two-hundred day moving average is $66.94.

Corning Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 14th will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, November 14th. Corning’s dividend payout ratio (DPR) is 70.89%.

Insiders Place Their Bets

In other news, insider Eric S. Musser sold 100,000 shares of the business’s stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $90.17, for a total transaction of $9,017,000.00. Following the transaction, the insider directly owned 44,926 shares in the company, valued at $4,050,977.42. The trade was a 69.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Jaymin Amin sold 17,721 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $77.18, for a total transaction of $1,367,706.78. Following the completion of the sale, the senior vice president owned 88,722 shares of the company’s stock, valued at approximately $6,847,563.96. The trade was a 16.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 173,856 shares of company stock valued at $15,456,476. Corporate insiders own 0.40% of the company’s stock.

Institutional Trading of Corning

A number of institutional investors have recently modified their holdings of GLW. CVA Family Office LLC grew its stake in shares of Corning by 10.3% during the 3rd quarter. CVA Family Office LLC now owns 1,190 shares of the electronics maker’s stock worth $98,000 after purchasing an additional 111 shares during the period. Angeles Wealth Management LLC grew its position in Corning by 2.8% during the third quarter. Angeles Wealth Management LLC now owns 4,242 shares of the electronics maker’s stock worth $348,000 after buying an additional 116 shares during the period. Vista Investment Partners LLC increased its holdings in Corning by 1.3% in the third quarter. Vista Investment Partners LLC now owns 9,496 shares of the electronics maker’s stock valued at $779,000 after buying an additional 119 shares in the last quarter. Sapient Capital LLC lifted its position in shares of Corning by 2.2% during the 3rd quarter. Sapient Capital LLC now owns 5,626 shares of the electronics maker’s stock valued at $452,000 after acquiring an additional 120 shares during the period. Finally, Sivia Capital Partners LLC lifted its position in shares of Corning by 1.6% during the 3rd quarter. Sivia Capital Partners LLC now owns 7,740 shares of the electronics maker’s stock valued at $635,000 after acquiring an additional 124 shares during the period. 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.