NYSE:AIN Albany International (AIN) Stock Price, News & Analysis → Bitcoin Rockets To Record High But Buy THIS Instead (From Paradigm Press) (Ad) Free AIN Stock Alerts $87.95 -0.53 (-0.60%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$87.93▼$89.8450-Day Range$87.95▼$96.4052-Week Range$78.20▼$99.41Volume170,871 shsAverage Volume135,887 shsMarket Capitalization$2.74 billionP/E Ratio24.77Dividend Yield1.18%Price Target$110.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Albany International alerts: Email Address Albany International MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside25.6% Upside$110.50 Price TargetShort InterestHealthy0.80% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment-0.13Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth18.21%From $3.90 to $4.61 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.17 out of 5 starsIndustrial Products Sector66th out of 167 stocksBroadwoven Fabric Mills, Manmade Industry1st out of 1 stocks 3.3 Analyst's Opinion Consensus RatingAlbany International has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageAlbany International has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.80% of the outstanding shares of Albany International have been sold short.Short Interest Ratio / Days to CoverAlbany International has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Albany International has recently decreased by 23.79%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend YieldAlbany International pays a meaningful dividend of 1.16%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAlbany International has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of Albany International is 29.30%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Albany International will have a dividend payout ratio of 22.56% next year. This indicates that Albany International will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AIN. Previous Next 1.6 News and Social Media Coverage News SentimentAlbany International has a news sentiment score of -0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Albany International this week, compared to 3 articles on an average week.MarketBeat Follows4 people have added Albany International to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Albany International insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.92% of the stock of Albany International is held by insiders.Percentage Held by Institutions97.37% of the stock of Albany International is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Albany International are expected to grow by 18.21% in the coming year, from $3.90 to $4.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Albany International is 24.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Albany International is 24.77, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.73.Price to Earnings Growth RatioAlbany International has a PEG Ratio of 2.32. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAlbany International has a P/B Ratio of 2.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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This segment offers paper machine clothing forming, pressing, and drying fabrics, as well as engineered processing belts; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, France, Brazil, China, Mexico, Germany, and internationally. The company was incorporated in 1895 and is headquartered in Rochester, New Hampshire.Read More AIN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AIN Stock News HeadlinesApril 15, 2024 | businesswire.comAlbany International Schedules Earnings Release DateApril 4, 2024 | usnews.comEditorial Roundup: New YorkApril 18, 2024 | Paradigm Press (Ad)Bitcoin Rockets To Record High But Buy THIS InsteadRecently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…April 2, 2024 | yahoo.com'American Idol' 2024: Who Made It Through to the Top 24March 29, 2024 | finance.yahoo.comThose who invested in Albany International (NYSE:AIN) five years ago are up 35%March 28, 2024 | msn.comAI already uses as much energy as a small country. It’s only the beginning.March 20, 2024 | businesswire.comAlbany International Issues 2023 Sustainability ReportMarch 15, 2024 | ca.news.yahoo.comTesla settles race bias claims by Black former workerApril 18, 2024 | TradingTips (Ad)3 Sub-$10 Stocks to Buy for 2024Often, investors will overlook stocks just because they're cheap. It's a common thought that a cheap price tag means that something must be wrong with the company. But this couldn't be further from the case in many instances.February 28, 2024 | finance.yahoo.comAlbany International Full Year 2023 Earnings: Beats ExpectationsFebruary 28, 2024 | finance.yahoo.comAlbany International Corp. (NYSE:AIN) Q4 2023 Earnings Call TranscriptFebruary 27, 2024 | markets.businessinsider.comMaintaining Hold on Albany International Amid Strong Revenue but Margin PressuresFebruary 26, 2024 | msn.comAlbany International (AIN) Surpasses Q4 Earnings and Revenue EstimatesFebruary 26, 2024 | businesswire.comAlbany International Reports Fourth-Quarter 2023 ResultsFebruary 24, 2024 | msn.comAlbany County sheriff looking to expand program to help the homelessFebruary 23, 2024 | businesswire.comAlbany International Declares DividendFebruary 23, 2024 | businesswire.comBonnie C. Lind Elected to Albany International Corp. Board of DirectorsFebruary 21, 2024 | finance.yahoo.comExploring Analyst Estimates for Albany International (AIN) Q4 Earnings, Beyond Revenue and EPSFebruary 21, 2024 | wsj.comAlbany International Corp. Cl AFebruary 20, 2024 | finance.yahoo.comAlbany International Corp.'s (NYSE:AIN) Stock Is Going Strong: Have Financials A Role To Play?February 15, 2024 | finance.yahoo.comDeere (DE) Q1 Earnings and Revenues Top EstimatesFebruary 13, 2024 | finance.yahoo.comAlbany Engineered Composites to exhibit at JEC World 2024January 31, 2024 | msn.comAlbany blight attracting illegal dumping problem in neighborhoodsJanuary 22, 2024 | finance.yahoo.comAlbany International Schedules Earnings Release DateJanuary 19, 2024 | finance.yahoo.comReturn Trends At Albany International (NYSE:AIN) Aren't AppealingJanuary 16, 2024 | stocknews.com3 Rising Industrial Stocks for Positive InvestmentsJanuary 3, 2024 | finance.yahoo.comAre Investors Undervaluing Albany International Corp. (NYSE:AIN) By 27%?See More Headlines Receive AIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Albany International and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Ex-Dividend for 4/5 Dividend3/14/2024Dividend Payable4/05/2024Today4/18/2024Next Earnings (Confirmed)4/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Broadwoven fabric mills, manmade Sub-IndustryIndustrial Machinery Current SymbolNYSE:AIN CUSIP01234810 CIK819793 Webwww.albint.com Phone(603) 330-5850Fax603-994-3835Employees5,600Year FoundedN/APrice Target and Rating Average Stock Price Target$110.50 High Stock Price Target$121.00 Low Stock Price Target$95.00 Potential Upside/Downside+25.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$3.55 Trailing P/E Ratio24.77 Forward P/E Ratio22.55 P/E Growth2.32Net Income$111.12 million Net Margins9.68% Pretax Margin13.98% Return on Equity13.70% Return on Assets7.21% Debt Debt-to-Equity Ratio0.47 Current Ratio3.53 Quick Ratio2.85 Sales & Book Value Annual Sales$1.15 billion Price / Sales2.39 Cash Flow$6.42 per share Price / Cash Flow13.70 Book Value$31.01 per share Price / Book2.84Miscellaneous Outstanding Shares31,200,000Free Float30,913,000Market Cap$2.74 billion OptionableOptionable Beta1.25 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Joseph M. Gaug (Age 61)VP, Secretary & General Counsel Comp: $867.09kMr. Daniel A. Halftermeyer (Age 63)President of Machine Clothing Comp: $1.42MMr. Gregory N. Harwell (Age 60)President of Albany Engineered Composites Comp: $1.06MMr. Gunnar Kleveland (Age 54)President, CEO & Director Mr. Robert Daniel Starr (Age 56)Executive VP & CFO Mr. John J. Tedone (Age 59)VP, Controller & Chief Accounting Officer Mr. Robert A. Hansen (Age 67)Senior VP & CTO Comp: $459.64kMr. John B. HobbsDirector of Investor RelationsSusan SiegelVice President of Corporate CommunicationsMs. Alice McCarvill (Age 59)Executive VP of Human Resources & Chief Human Resources Officer Comp: $646.94kMore ExecutivesKey CompetitorsAtmus Filtration TechnologiesNYSE:ATMUBradyNYSE:BRCResideo TechnologiesNYSE:REZIJohn Bean TechnologiesNYSE:JBTUniFirstNYSE:UNFView All CompetitorsInsiders & InstitutionsWest Coast Financial LLCSold 152 shares on 4/12/2024Ownership: 0.137%Gilman Hill Asset Management LLCBought 19,350 shares on 4/12/2024Ownership: 0.129%Bridge City Capital LLCBought 258 shares on 4/12/2024Ownership: 0.106%Park Avenue Securities LLCSold 184 shares on 4/10/2024Ownership: 0.011%Quadrature Capital LtdBought 1,108 shares on 3/25/2024Ownership: 0.020%View All Insider TransactionsView All Institutional Transactions AIN Stock Analysis - Frequently Asked Questions Should I buy or sell Albany International stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last year. There are currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AIN shares. View AIN analyst ratings or view top-rated stocks. What is Albany International's stock price target for 2024? 4 Wall Street research analysts have issued twelve-month price targets for Albany International's stock. Their AIN share price targets range from $95.00 to $121.00. On average, they expect the company's stock price to reach $110.50 in the next year. This suggests a possible upside of 25.6% from the stock's current price. View analysts price targets for AIN or view top-rated stocks among Wall Street analysts. How have AIN shares performed in 2024? Albany International's stock was trading at $98.22 at the beginning of 2024. Since then, AIN stock has decreased by 10.5% and is now trading at $87.95. View the best growth stocks for 2024 here. Are investors shorting Albany International? Albany International saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 250,500 shares, a decrease of 23.8% from the March 15th total of 328,700 shares. Based on an average daily volume of 129,600 shares, the days-to-cover ratio is presently 1.9 days. View Albany International's Short Interest. When is Albany International's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024. View our AIN earnings forecast. How can I listen to Albany International's earnings call? Albany International will be holding an earnings conference call on Tuesday, April 30th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Albany International's earnings last quarter? Albany International Corp. (NYSE:AIN) announced its earnings results on Tuesday, February, 27th. The textile maker reported $1.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.38. The textile maker had revenue of $323.60 million for the quarter, compared to analysts' expectations of $298.17 million. Albany International had a trailing twelve-month return on equity of 13.70% and a net margin of 9.68%. The company's quarterly revenue was up 20.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.75 earnings per share. How often does Albany International pay dividends? What is the dividend yield for Albany International? Albany International declared a quarterly dividend on Friday, February 23rd. Shareholders of record on Friday, March 15th will be paid a dividend of $0.26 per share on Friday, April 5th. This represents a $1.04 annualized dividend and a dividend yield of 1.18%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for AIN. Is Albany International a good dividend stock? Albany International (NYSE:AIN) pays an annual dividend of $1.04 per share and currently has a dividend yield of 1.16%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 29.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIN will have a dividend payout ratio of 22.56% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AIN. What ETFs hold Albany International's stock? ETFs with the largest weight of Albany International (NYSE:AIN) stock in their portfolio include Gabelli Commercial Aerospace & Defense ETF (GCAD), Invesco S&P SmallCap Industrials ETF (PSCI) and iShares S&P Small-Cap 600 Growth ETF (IJT).SPDR S&P 600 Small Cap ETF (SLY). What guidance has Albany International issued on next quarter's earnings? Albany International updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of 3.550-4.050 for the period, compared to the consensus EPS estimate of 4.070. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. What is William Higgins' approval rating as Albany International's CEO? 11 employees have rated Albany International Chief Executive Officer William Higgins on Glassdoor.com. William Higgins has an approval rating of 100% among the company's employees. This puts William Higgins in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 87.0% of employees surveyed would recommend working at Albany International to a friend. What other stocks do shareholders of Albany International own? Based on aggregate information from My MarketBeat watchlists, some companies that other Albany International investors own include AbbVie (ABBV), Marvell Technology (MRVL), NVIDIA (NVDA), Bank of America (BAC), Intel (INTC), Micron Technology (MU), Bristol-Myers Squibb (BMY), Walt Disney (DIS), Enterprise Products Partners (EPD) and KLA (KLAC). Who are Albany International's major shareholders? Albany International's stock is owned by a variety of institutional and retail investors. Top institutional investors include West Coast Financial LLC (0.14%), Gilman Hill Asset Management LLC (0.13%), Bridge City Capital LLC (0.11%) and Park Avenue Securities LLC (0.01%). Insiders that own company stock include Christine L Standish, Daniel A Halftermeyer and Robert Alan Hansen. View institutional ownership trends. How do I buy shares of Albany International? Shares of AIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:AIN) was last updated on 4/18/2024 by MarketBeat.com Staff From Our Partners[Urgent!] Generational Wealth GameplanCrypto 101 MediaHe Is Giving Away BitcoinCrypto Swap ProfitsThe “Perfect Storm” for GoldGold Safe ExchangeTop 5 AI Stocks to Buy for 2024Market Moving TrendsTop 5 Tech Stocks to Buy for 2024Daily Market AlertsUrgent alert: open this for a huge profit potentialTimothy SykesYour Money is Not SafeAmerican AlternativeOptions trading has suddenly become more reliable.Eagle Publishing Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Albany International Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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