Positive News SentimentPositive NewsNYSE:AIN Albany International (AIN) Stock Forecast, Price & News $85.09 -0.16 (-0.19%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$85.02▼$86.1950-Day Range$83.52▼$96.9852-Week Range$80.34▼$115.39Volume98,113 shsAverage Volume152,499 shsMarket Capitalization$2.65 billionP/E Ratio32.35Dividend Yield1.18%Price Target$110.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Albany International MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside29.7% Upside$110.33 Price TargetShort InterestHealthy0.77% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.77Based on 3 Articles This WeekInsider TradingSelling Shares$390,031 Sold Last QuarterProj. Earnings Growth16.57%From $3.62 to $4.22 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.12 out of 5 starsIndustrial Products Sector9th out of 180 stocksBroadwoven Fabric Mills, Manmade Industry1st out of 1 stocks 3.5 Analyst's Opinion Consensus RatingAlbany International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $110.33, Albany International has a forecasted upside of 29.7% from its current price of $85.09.Amount of Analyst CoverageAlbany International has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.77% 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 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Albany International has recently increased by 4.13%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend YieldAlbany International pays a meaningful dividend of 1.14%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAlbany International has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of Albany International is 38.02%. 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 23.70% 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 3.8 News and Social Media Coverage News SentimentAlbany International has a news sentiment score of 1.77. 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 higher news sentiment than the 0.64 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Albany International this week, compared to 3 articles on an average week.Search Interest1 people have searched for AIN on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Albany International to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Albany International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $390,031.00 in company stock.Percentage Held by InsidersOnly 0.76% 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 16.57% in the coming year, from $3.62 to $4.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Albany International is 32.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Albany International is 32.35, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.26.Price to Earnings Growth RatioAlbany International has a PEG Ratio of 3.61. 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 3.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Albany International (NYSE:AIN) StockAlbany International Corp., together with its subsidiaries, engages in the textile and materials processing business. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, towels, nonwovens, building products, tannery, and textiles. This segment offers forming, pressing, and drying fabrics, as well as process 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, Brazil, China, France, Mexico, Italy, and internationally. The company was incorporated in 1895 and is headquartered in Rochester, New Hampshire.Read More AIN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AIN Stock News HeadlinesSeptember 18, 2023 | finance.yahoo.comUnveiling Albany International (AIN)'s Value: Is It Really Priced Right? A Comprehensive GuideSeptember 13, 2023 | finance.yahoo.comIs The Market Rewarding Albany International Corp. (NYSE:AIN) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?October 4, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 4, 2023 | markets.businessinsider.comTruist Financial Sticks to Its Buy Rating for Albany International (AIN)August 31, 2023 | finanznachrichten.deAlbany International Corp.: Albany International Completes Acquisition of Heimbach GroupAugust 31, 2023 | finance.yahoo.comAlbany International Completes Acquisition of Heimbach GroupAugust 29, 2023 | seekingalpha.comAlbany International: Not As Expensive As It LooksAugust 28, 2023 | finance.yahoo.comAlbany International Corp. (NYSE:AIN) Pays A US$0.25 Dividend In Just Three DaysOctober 4, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.August 25, 2023 | finance.yahoo.comSenior Vice President & CTO Robert Hansen Sells 4,167 Shares of Albany International Corp (AIN)August 22, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Industrial Goods Stocks: Albany International (AIN) and Old Dominion Freight (ODFL)August 21, 2023 | marketwatch.comAlbany International Names Gunnar Kleveland President, CEO >AINAugust 21, 2023 | markets.businessinsider.comAlbany International Names Gunnar Kleveland New CEOAugust 8, 2023 | finance.yahoo.comAlbany International (NYSE:AIN) Has Some Way To Go To Become A Multi-BaggerAugust 1, 2023 | markets.businessinsider.comTruist Financial Remains a Buy on Albany International (AIN)July 31, 2023 | markets.businessinsider.comRobert W. Baird Keeps Their Buy Rating on Albany International (AIN)July 26, 2023 | markets.businessinsider.comAlbany International Q2 Profit Decreases, misses estimatesJuly 26, 2023 | finance.yahoo.comAlbany International Reports Second-Quarter 2023 ResultsJuly 26, 2023 | finance.yahoo.comAlbany International (AIN) Q2 Earnings Miss EstimatesJuly 26, 2023 | finance.yahoo.comCompared to Estimates, Albany International (AIN) Q2 Earnings: A Look at Key MetricsJuly 25, 2023 | benzinga.comAlbany Intl Earnings PreviewJuly 19, 2023 | finance.yahoo.comEarnings Preview: Albany International (AIN) Q2 Earnings Expected to DeclineJuly 14, 2023 | msn.comBaird Upgrades Albany International - (AIN)July 14, 2023 | msn.comAlbany International upgraded to Outperform at BairdJuly 6, 2023 | thestreet.comAlbany International Stock To Go Ex-dividend Tomorrow (AIN)July 6, 2023 | markets.businessinsider.comBank of America Securities Sticks to Their Hold Rating for Albany International (AIN)June 27, 2023 | finanznachrichten.deAlbany International Corp.: Albany International Delivers Advanced 3D Woven VTP Fitting to Aernnova for Clean Sky 2 Technology DemonstratorSee 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 AIN Company Calendar Ex-Dividend for 7/10 Dividend6/06/2023Dividend Payable7/10/2023Last Earnings7/27/2023Ex-Dividend for 10/6 Dividend9/01/2023Today10/04/2023Dividend Payable10/06/2023Next Earnings (Estimated)10/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Broadwoven fabric mills, manmade Sub-IndustryIndustrial Machinery SectorIndustrial Products Current SymbolNYSE:AIN CUSIP01234810 CIK819793 Webwww.albint.com Phone(603) 330-5850Fax603-994-3835Employees4,100Year FoundedN/APrice Target and Rating Average Stock Price Forecast$110.33 High Stock Price Forecast$120.00 Low Stock Price Forecast$105.00 Forecasted Upside/Downside+29.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.63 Trailing P/E Ratio32.35 Forward P/E Ratio23.51 P/E Growth3.61Net Income$95.76 million Net Margins7.68% Pretax Margin11.53% Return on Equity13.21% Return on Assets6.99% Debt Debt-to-Equity Ratio0.53 Current Ratio4.99 Quick Ratio4.15 Sales & Book Value Annual Sales$1.07 billion Price / Sales2.48 Cash Flow$6.01 per share Price / Cash Flow14.15 Book Value$27.89 per share Price / Book3.05Miscellaneous Outstanding Shares31,200,000Free Float30,963,000Market Cap$2.65 billion OptionableOptionable Beta1.30 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Joseph M. Gaug (Age 60)VP, Sec. & Gen. Counsel Comp: $867.09kMr. Daniel A. Halftermeyer (Age 62)Pres of Machine Clothing Comp: $1.42MMr. Gregory N. Harwell (Age 59)Pres of Albany Engineered Composites Comp: $1.06MMr. Gunnar Kleveland (Age 54)Pres, CEO & Director Mr. Robert Daniel Starr (Age 55)CFO & Treasurer Mr. John J. Tedone (Age 58)VP, Controller & Chief Accounting Officer Mr. Robert A. Hansen (Age 66)Sr. VP & CTO Mr. John B. HobbsDirector of Investor RelationsSusan SiegelVP of Corp. CommunicationsMs. Alice McCarvill (Age 58)Exec. VP of HR & Chief HR Officer More ExecutivesKey CompetitorsBradyNYSE:BRCClear SecureNYSE:YOUKadantNYSE:KAIESCO TechnologiesNYSE:ESEEnPro IndustriesNYSE:NPOView All CompetitorsInsiders & InstitutionsRobert Alan HansenSold 4,167 sharesTotal: $390,031.20 ($93.60/share)Virginia Retirement Systems ET ALBought 4,500 shares on 8/22/2023Ownership: 0.014%California State Teachers Retirement SystemSold 1,084 shares on 8/21/2023Ownership: 0.121%Osaic Holdings Inc.Sold 1,626 shares on 8/21/2023Ownership: 0.035%Teachers Retirement System of The State of KentuckyBought 545 shares on 8/21/2023Ownership: 0.032%View All Insider TransactionsView All Institutional Transactions AIN Stock - Frequently Asked Questions Should I buy or sell Albany International stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AIN shares. View AIN analyst ratings or view top-rated stocks. What is Albany International's stock price forecast for 2023? 3 analysts have issued 12 month price targets for Albany International's shares. Their AIN share price forecasts range from $105.00 to $120.00. On average, they predict the company's stock price to reach $110.33 in the next twelve months. This suggests a possible upside of 29.7% 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 2023? Albany International's stock was trading at $98.59 on January 1st, 2023. Since then, AIN shares have decreased by 13.7% and is now trading at $85.09. View the best growth stocks for 2023 here. Are investors shorting Albany International? Albany International saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 230,300 shares, an increase of 18.8% from the August 15th total of 193,900 shares. Based on an average daily trading volume, of 152,300 shares, the short-interest ratio is presently 1.5 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, October 23rd 2023. View our AIN earnings forecast. How were Albany International's earnings last quarter? Albany International Corp. (NYSE:AIN) released its earnings results on Thursday, July, 27th. The textile maker reported $0.90 earnings per share for the quarter, missing analysts' consensus estimates of $0.91 by $0.01. The textile maker earned $274.10 million during the quarter, compared to the consensus estimate of $261.56 million. Albany International had a net margin of 7.68% and a trailing twelve-month return on equity of 13.21%. The company's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.06 earnings per share. How often does Albany International pay dividends? What is the dividend yield for Albany International? Albany International announced a quarterly dividend on Thursday, August 24th. Stockholders of record on Tuesday, September 5th will be given a dividend of $0.25 per share on Friday, October 6th. This represents a $1.00 annualized dividend and a yield of 1.18%. The ex-dividend date is Friday, September 1st. 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), Invesco S&P SmallCap Momentum ETF (XSMO), Vanguard S&P Small-Cap 600 Growth ETF (VIOG), SPDR S&P 600 Small Cap Growth ETF (SLYG) and iShares S&P Small-Cap 600 Growth ETF (IJT).SPDR S&P 600 Small Cap ETF (SLY). Is Albany International a good dividend stock? Albany International (NYSE:AIN) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.14%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 38.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIN will have a dividend payout ratio of 23.70% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AIN. What guidance has Albany International issued on next quarter's earnings? Albany International issued an update on its FY 2023 earnings guidance on Wednesday, July, 26th. The company provided earnings per share (EPS) guidance of $3.15-$3.75 for the period, compared to the consensus estimate of $3.64. The company issued revenue guidance of $1.04 billion-$1.07 billion, compared to the consensus revenue estimate of $1.06 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). What is Albany International's stock symbol? Albany International trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIN." 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 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 $85.09. How much money does Albany International make? Albany International (NYSE:AIN) has a market capitalization of $2.65 billion and generates $1.07 billion in revenue each year. The textile maker earns $95.76 million in net income (profit) each year or $2.63 on an earnings per share basis. How many employees does Albany International have? The company employs 4,100 workers across the globe. How can I contact Albany International? Albany International's mailing address is 216 AIRPORT DRIVE, ROCHESTER NH, 03867. The official website for the company is www.albint.com. The textile maker can be reached via phone at (603) 330-5850, via email at stephen.nolan@albint.com, or via fax at 603-994-3835. This page (NYSE:AIN) was last updated on 10/4/2023 by MarketBeat.com Staff 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. 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