NYSE:AIN - Albany International Stock Price, News, & Analysis

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$73.01 -0.46 (-0.63 %)
(As of 11/12/2018 04:00 PM ET)
Previous Close$73.47
Today's Range$72.79 - $74.06
52-Week Range$57.95 - $82.20
Volume263,869 shs
Average Volume127,284 shs
Market Capitalization$2.37 billion
P/E Ratio45.35
Dividend Yield0.92%
Beta1.72
Albany International Corp. engages in textile and materials processing businesses worldwide. The company operates through two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing. This segment offers forming, pressing, dryer fabrics, and process belts. It also provides customized and consumable fabrics that are used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, tannery, and textile industries; and sells its products directly to end-user customers. The AEC segment designs, manufactures, and markets composite structures primarily to customers in the aerospace and defense industries. Albany International Corp. was founded in 1895 and is headquartered in Rochester, New Hampshire.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Broadwoven fabric mills, manmade
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNYSE:AIN
Previous Symbol
CUSIP01234810
Phone603-330-5850

Debt

Debt-to-Equity Ratio0.87
Current Ratio2.90
Quick Ratio2.41

Price-To-Earnings

Trailing P/E Ratio45.35
Forward P/E Ratio28.74
P/E GrowthN/A

Sales & Book Value

Annual Sales$863.72 million
Price / Sales2.72
Cash Flow$3.9529 per share
Price / Cash18.47
Book Value$18.90 per share
Price / Book3.86

Profitability

EPS (Most Recent Fiscal Year)$1.61
Net Income$33.11 million
Net Margins7.51%
Return on Equity14.33%
Return on Assets6.03%

Miscellaneous

Employees4,400
Outstanding Shares32,200,000
Market Cap$2.37 billion
OptionableOptionable

Albany International (NYSE:AIN) Frequently Asked Questions

What is Albany International's stock symbol?

Albany International trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIN."

How often does Albany International pay dividends? What is the dividend yield for Albany International?

Albany International declared a quarterly dividend on Thursday, August 30th. Shareholders of record on Monday, September 10th will be given a dividend of $0.17 per share on Friday, October 5th. This represents a $0.68 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date of this dividend is Friday, September 7th. View Albany International's Dividend History.

How were Albany International's earnings last quarter?

Albany International Corp. (NYSE:AIN) issued its earnings results on Tuesday, October, 30th. The textile maker reported $0.85 EPS for the quarter, topping the consensus estimate of $0.70 by $0.15. The textile maker earned $253.25 million during the quarter, compared to analysts' expectations of $248.50 million. Albany International had a net margin of 7.51% and a return on equity of 14.33%. View Albany International's Earnings History.

When is Albany International's next earnings date?

Albany International is scheduled to release their next quarterly earnings announcement on Monday, February 4th 2019. View Earnings Estimates for Albany International.

What price target have analysts set for AIN?

2 Wall Street analysts have issued 1-year price objectives for Albany International's shares. Their predictions range from $64.00 to $64.00. On average, they anticipate Albany International's stock price to reach $64.00 in the next year. This suggests that the stock has a possible downside of 12.3%. View Analyst Price Targets for Albany International.

What is the consensus analysts' recommendation for Albany International?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Albany International.

Has Albany International been receiving favorable news coverage?

Media coverage about AIN stock has trended negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Albany International earned a news sentiment score of -2.6 on InfoTrie's scale. They also gave headlines about the textile maker a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an effect on the stock's share price in the near future.

Who are some of Albany International's key competitors?

Who are Albany International's key executives?

Albany International's management team includes the folowing people:
  • Dr. Joseph G. Morone, Pres, CEO & Exec. Director (Age 65)
  • Mr. John B. Cozzolino, CFO & Treasurer (Age 52)
  • Mr. Robert A. Hansen, Sr. VP & CTO (Age 61)
  • Mr. Daniel A. Halftermeyer, Pres of Machine Clothing (Age 57)
  • Mr. Olivier M. Jarrault, CEO & Pres (Age 57)

Who are Albany International's major shareholders?

Albany International's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.83%), Bank of New York Mellon Corp (1.47%), Pembroke Management LTD (1.09%), Rice Hall James & Associates LLC (0.75%), Granite Investment Partners LLC (0.69%) and Eagle Boston Investment Management Inc. (0.57%). Company insiders that own Albany International stock include Daniel A Halftermeyer, Dawne H Wimbrow and Robert Alan Hansen. View Institutional Ownership Trends for Albany International.

Which major investors are selling Albany International stock?

AIN stock was sold by a variety of institutional investors in the last quarter, including Rice Hall James & Associates LLC, Tygh Capital Management Inc., First Trust Advisors LP, Gamco Investors INC. ET AL, Comerica Bank, Bradley Foster & Sargent Inc. CT, Rhumbline Advisers and State Board of Administration of Florida Retirement System. Company insiders that have sold Albany International company stock in the last year include Dawne H Wimbrow and Robert Alan Hansen. View Insider Buying and Selling for Albany International.

Which major investors are buying Albany International stock?

AIN stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Assenagon Asset Management S.A., Canada Pension Plan Investment Board, Los Angeles Capital Management & Equity Research Inc., Pembroke Management LTD, EAM Investors LLC, Bank of New York Mellon Corp and SG Americas Securities LLC. View Insider Buying and Selling for Albany International.

How do I buy shares of Albany International?

Shares of AIN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Albany International's stock price today?

One share of AIN stock can currently be purchased for approximately $73.01.

How big of a company is Albany International?

Albany International has a market capitalization of $2.37 billion and generates $863.72 million in revenue each year. The textile maker earns $33.11 million in net income (profit) each year or $1.61 on an earnings per share basis. Albany International employs 4,400 workers across the globe.

What is Albany International's official website?

The official website for Albany International is http://www.albint.com.

How can I contact Albany International?

Albany International's mailing address is 216 AIRPORT DRIVE, ROCHESTER NH, 03867. The textile maker can be reached via phone at 603-330-5850 or via email at [email protected]


MarketBeat Community Rating for Albany International (NYSE AIN)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  123 (Vote Outperform)
Underperform Votes:  149 (Vote Underperform)
Total Votes:  272
MarketBeat's community ratings are surveys of what our community members think about Albany International and other stocks. Vote "Outperform" if you believe AIN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/12/2018 by MarketBeat.com Staff

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