S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:AIN

Albany International Stock Forecast, Price & News

$82.68
-5.07 (-5.78%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$81.87
$85.41
50-Day Range
$75.16
$88.55
52-Week Range
$65.14
$93.43
Volume
77,567 shs
Average Volume
120,927 shs
Market Capitalization
$2.67 billion
P/E Ratio
22.84
Dividend Yield
0.91%
Beta
1.38
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Albany International logo

About Albany International

Albany International Corp. engages in textiles and materials processing. It operates through the following segments: Machine Clothing and Albany Engineered Composites. The Machine Clothing segment supplies fabrics used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and tannery and textile industries. The Engineered Composites segment provides composite structures to customers in the commercial and defense aerospace industries. The firm offers regular fabric, consultative, diagnostic, and project specific services. The company was founded on March 8, 1895 and is headquartered in Rochester, NH.

Headlines

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Industry, Sector and Symbol

Industry
Broadwoven fabric mills, manmade
Sub-Industry
Industrial Machinery
CUSIP
01234810
Employees
4,000
Year Founded
N/A

Sales & Book Value

Annual Sales
$900.61 million
Cash Flow
$5.62 per share
Book Value
$27.25 per share

Profitability

Net Income
$98.59 million
Pretax Margin
17.28%

Debt

Price-To-Earnings

Miscellaneous

Free Float
30,433,000
Market Cap
$2.67 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/03/2021
Dividend Payable
10/07/2021
Last Earnings
10/24/2021
Today
11/28/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/09/2022

MarketRank

Overall MarketRank

2.26 out of 5 stars

Industrial Products Sector

100th out of 247 stocks

Broadwoven Fabric Mills, Manmade Industry

1st out of 1 stocks

Analyst Opinion: 1.1Community Rank: 4.1Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Albany International (NYSE:AIN) Frequently Asked Questions

Is Albany International a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Albany International stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AIN, but not buy additional shares or sell existing shares.
View analyst ratings for Albany International
or view top-rated stocks.

How has Albany International's stock been impacted by COVID-19?

Albany International's stock was trading at $57.70 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AIN shares have increased by 43.3% and is now trading at $82.68.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Albany International?

Albany International saw a decline in short interest in November. As of November 15th, there was short interest totaling 403,400 shares, a decline of 20.0% from the October 31st total of 504,400 shares. Based on an average trading volume of 104,300 shares, the days-to-cover ratio is presently 3.9 days.
View Albany International's Short Interest
.

When is Albany International's next earnings date?

Albany International is scheduled to release its next quarterly earnings announcement on Wednesday, February 9th 2022.
View our earnings forecast for Albany International
.

How were Albany International's earnings last quarter?

Albany International Corp. (NYSE:AIN) posted its quarterly earnings results on Sunday, October, 24th. The textile maker reported $0.83 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.71 by $0.12. The textile maker earned $232.44 million during the quarter, compared to analyst estimates of $221.76 million. Albany International had a trailing twelve-month return on equity of 13.81% and a net margin of 12.81%. During the same period in the prior year, the business posted $0.96 earnings per share.
View Albany International's earnings history
.

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

Albany International announced a quarterly dividend on Wednesday, August 25th. Stockholders of record on Tuesday, September 7th will be paid a dividend of $0.20 per share on Thursday, October 7th. This represents a $0.80 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend is Friday, September 3rd.
View Albany International's dividend history
.

Is Albany International a good dividend stock?

Albany International pays an annual dividend of $0.80 per share and currently has a dividend yield of 0.91%. Albany International has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Albany International is 22.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Albany International will have a dividend payout ratio of 22.47% next year. This indicates that Albany International will be able to sustain or increase its dividend.
View Albany International's dividend history.

What guidance has Albany International issued on next quarter's earnings?

Albany International issued an update on its FY 2021 earnings guidance on Monday, November, 1st. The company provided EPS guidance of $3.150-$3.300 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.290. The company issued revenue guidance of $900 million-$920 million, compared to the consensus revenue estimate of $903.92 million.

What price target have analysts set for AIN?

4 brokerages have issued twelve-month target prices for Albany International's shares. Their forecasts range from $79.00 to $105.00. On average, they anticipate Albany International's share price to reach $88.50 in the next year. This suggests a possible upside of 7.0% from the stock's current price.
View analysts' price targets for Albany International
or view top-rated stocks among Wall Street analysts.

Who are Albany International's key executives?

Albany International's management team includes the following people:
  • Andrew William Higgins, President, Chief Executive Officer & Director
  • Stephen M. Nolan, Chief Financial Officer & Treasurer
  • Robert Alan Hansen, Chief Technology Officer & Senior Vice President
  • Alice Mccarvill, Chief Human Resources Officer & Executive VP
  • Joseph M. Gaug, Secretary, Vice President & General Counsel

What is William Higgins' approval rating as Albany International's CEO?

11 employees have rated Albany International CEO William Higgins on Glassdoor.com. William Higgins has an approval rating of 100% among Albany International'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).

What is Albany International's stock symbol?

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

Who are Albany International's major shareholders?

Albany International's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.82%), Kayne Anderson Rudnick Investment Management LLC (6.12%), Dimensional Fund Advisors LP (3.48%), Wellington Management Group LLP (3.32%), William Blair Investment Management LLC (2.80%) and American Century Companies Inc. (2.46%). Company insiders that own Albany International stock include Christine L Standish, Daniel A Halftermeyer, David M Pawlick and Robert Alan Hansen.
View institutional ownership trends for Albany International
.

Which institutional investors are selling Albany International stock?

AIN stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Principal Financial Group Inc., Kayne Anderson Rudnick Investment Management LLC, Advisory Research Inc., GSA Capital Partners LLP, Citigroup Inc., Bridge City Capital LLC, and New York State Common Retirement Fund. Company insiders that have sold Albany International company stock in the last year include Christine L Standish, Daniel A Halftermeyer, David M Pawlick, and Robert Alan Hansen.
View insider buying and selling activity for Albany International
or view top insider-selling stocks.

Which institutional investors are buying Albany International stock?

AIN stock was purchased by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Marshall Wace LLP, Pembroke Management LTD, Wellington Management Group LLP, Renaissance Technologies LLC, Assenagon Asset Management S.A., Morgan Stanley, and SG Americas Securities LLC.
View insider buying and selling activity for Albany International
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Albany International's stock price today?

One share of AIN stock can currently be purchased for approximately $82.68.

How much money does Albany International make?

Albany International has a market capitalization of $2.67 billion and generates $900.61 million in revenue each year. The textile maker earns $98.59 million in net income (profit) each year or $3.62 on an earnings per share basis.

How many employees does Albany International have?

Albany International employs 4,000 workers across the globe.

What is Albany International's official website?

The official website for Albany International is www.albint.com.

Where are Albany International's headquarters?

Albany International is headquartered at 216 AIRPORT DRIVE, ROCHESTER NH, 03867.

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, via email at [email protected], or via fax at 603-994-3835.


This page was last updated on 11/28/2021 by MarketBeat.com Staff

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