About Albany International Corporation
Albany International Corp. is a textiles and materials processing company. The Company operates through two segments: Machine Clothing (MC) and Albany Engineered Composites (AEC). Its MC segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, nonwovens, fiber cement and various other industrial applications. The segment also supplies customized, consumable fabrics used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and tannery and textile industries. Its AEC segment includes Albany Safran Composites, LLC (ASC), in which its customer SAFRAN Group owns interest and provides engineered, advanced composite structures based on its technology to customers in the aerospace and defense industries. The segment also designs, develops and manufactures advanced composite parts for aerospace and other applications, using a range of core technologies. It operates approximately 20 plants in over 10 countries.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Textile Industrial
- Sub-Industry: Industrial Machinery
- Exchange: NYSE
- Symbol: AIN
- CUSIP: 01234810
- Previous Close: $47.35
- 50 Day Moving Average: $47.23
- 200 Day Moving Average: $44.45
- 52-Week Range: $32,109,000.00 - $35.63
- Trailing P/E Ratio: 28.87
- Foreward P/E Ratio: 17.60
- P/E Growth: 1.40
- Market Cap: $1.52B
- Outstanding Shares: 32,109,000
- Beta: 1.87
- Net Margins: 6.76%
- Return on Equity: 10.53%
- Return on Assets: 4.56%
Companies Related to Albany International Corporation:
- Debt-to-Equity Ratio: 0.85%
- Current Ratio: 2.51%
- Quick Ratio: 1.84%
What is Albany International Corporation's stock symbol?
Albany International Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIN."
How often does Albany International Corporation pay dividends? What is the dividend yield for Albany International Corporation?
Albany International Corporation announced a quarterly dividend on Friday, February 24th. Stockholders of record on Monday, March 20th will be given a dividend of $0.17 per share on Friday, April 7th. This represents a $0.68 annualized dividend and a dividend yield of 1.44%.
Where is Albany International Corporation's stock going? Where will Albany International Corporation's stock price be in 2017?
1 brokerages have issued 1-year target prices for Albany International Corporation's stock. Their predictions range from $52.00 to $52.00. On average, they expect Albany International Corporation's stock price to reach $52.00 in the next year.
When will Albany International Corporation announce their earnings?
Albany International Corporation is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.
Who owns Albany International Corporation stock?
Albany International Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Brown Advisory Inc. (5.66%), Dimensional Fund Advisors LP (4.40%), NWQ Investment Management Company LLC (3.00%), Renaissance Technologies LLC (2.70%), State Street Corp (1.95%) and Loomis Sayles & Co. L P (0.98%). Company insiders that own Albany International Corporation stock include Daniel A Halftermeyer and Robert Alan Hansen.
Who sold Albany International Corporation stock? Who is selling Albany International Corporation stock?
Albany International Corporation's stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Renaissance Technologies LLC, GSA Capital Partners LLP, Gamco Investors INC. ET AL, Two Sigma Investments LP, Cortina Asset Management LLC, William Blair Investment Management LLC and Loomis Sayles & Co. L P. Company insiders that have sold Albany International Corporation stock in the last year include Daniel A Halftermeyer and Robert Alan Hansen.
Who bought Albany International Corporation stock? Who is buying Albany International Corporation stock?
Albany International Corporation's stock was bought by a variety of institutional investors in the last quarter, including NWQ Investment Management Company LLC, Brown Advisory Inc., Dimensional Fund Advisors LP, ARS Investment Partners LLC, State Street Corp, Axiom International Investors LLC DE, Comerica Bank and First Interstate Bank.
How do I buy Albany International Corporation stock?
Shares of Albany International Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Albany International Corporation stock cost?
One share of Albany International Corporation stock can currently be purchased for approximately $47.35.