Albany International Corp. Company Profile (NYSE:AIN)

About Albany International Corp. (NYSE:AIN)

Albany International Corp. logoAlbany International Corp. is focused on textiles and materials processing business. The Company operates through two segments: Machine Clothing and Albany Engineered Composites. The Company's Machine Clothing segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, nonwovens, fiber cement and various other industrial applications. The Machine Clothing 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 Albany Engineered Composites segment includes Albany Safran Composites, LLC (ASC), in which its customer SAFRAN Group owns interest and provides engineered composite structures based on its technology to customers in the aerospace and defense industries.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Textile Industrial
  • Sub-Industry: Industrial Machinery
  • Symbol: NYSE:AIN
  • CUSIP: 01234810
  • Web: www.albint.com
Capitalization:
  • Market Cap: $1.53 billion
  • Outstanding Shares: 32,099,000
Average Prices:
  • 50 Day Moving Avg: $46.87
  • 200 Day Moving Avg: $46.46
  • 52 Week Range: $37.00 - $49.50
P/E:
  • Trailing P/E Ratio: 30.66
  • Foreward P/E Ratio: 19.27
  • P/E Growth: 1.52
Sales & Book Value:
  • Annual Revenue: $806.78 million
  • Price / Sales: 1.90
  • Book Value: $16.32 per share
  • Price / Book: 2.93
Dividend:
  • Annual Dividend: $0.68
  • Dividend Yield: 1.5%
Profitability:
  • EBIDTA: $172.24 million
  • Net Margins: 6.76%
  • Return on Equity: 10.53%
  • Return on Assets: 4.56%
Debt:
  • Debt-to-Equity Ratio: 0.85%
  • Current Ratio: 2.51%
  • Quick Ratio: 1.84%
Misc:
  • Average Volume: 139,548 shs.
  • Beta: 1.87
  • Short Ratio: 3.79
 

Frequently Asked Questions for Albany International Corp. (NYSE:AIN)

What is Albany International Corp.'s stock symbol?

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

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

Albany International Corp. announced a quarterly dividend on Monday, May 15th. Shareholders of record on Wednesday, June 7th will be given a dividend of $0.17 per share on Monday, July 10th. This represents a $0.68 annualized dividend and a yield of 1.42%. The ex-dividend date is Monday, June 5th. View Albany International Corp.'s Dividend History.

How were Albany International Corp.'s earnings last quarter?

Albany International Corp. (NYSE:AIN) released its quarterly earnings results on Wednesday, February, 8th. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by $0.08. The firm had revenue of $216 million for the quarter, compared to analyst estimates of $190.81 million. Albany International Corp. had a net margin of 6.76% and a return on equity of 10.53%. View Albany International Corp.'s Earnings History.

When will Albany International Corp. make its next earnings announcement?

Albany International Corp. is scheduled to release their next quarterly earnings announcement on Monday, July, 31st 2017. View Earnings Estimates for Albany International Corp..

Where is Albany International Corp.'s stock going? Where will Albany International Corp.'s stock price be in 2017?

1 equities research analysts have issued twelve-month price objectives for Albany International Corp.'s stock. Their predictions range from $52.00 to $52.00. On average, they anticipate Albany International Corp.'s share price to reach $52.00 in the next year. View Analyst Ratings for Albany International Corp..

Who are some of Albany International Corp.'s key competitors?

Who owns Albany International Corp. stock?

Albany International Corp.'s stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.00%), Wellington Management Group LLP (0.00%), Vanguard Group Inc. (0.00%), TimesSquare Capital Management LLC (0.00%), Dimensional Fund Advisors LP (0.00%) and Earnest Partners LLC (3.52%). Company insiders that own Albany International Corp. stock include Daniel A Halftermeyer and Robert Alan Hansen. View Institutional Ownership Trends for Albany International Corp..

Who sold Albany International Corp. stock? Who is selling Albany International Corp. stock?

Albany International Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Granahan Investment Management Inc. MA, Sei Investments Co., TimesSquare Capital Management LLC, Cortina Asset Management LLC, Moody Aldrich Partners LLC, TIAA CREF Investment Management LLC, Goldman Sachs Group Inc. and JPMorgan Chase & Co.. View Insider Buying and Selling for Albany International Corp..

Who bought Albany International Corp. stock? Who is buying Albany International Corp. stock?

Albany International Corp.'s stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Pembroke Management LTD, Vanguard Group Inc., Earnest Partners LLC, Dimensional Fund Advisors LP, State Street Corp, Bank of America Corp DE and Wellington Management Group LLP. View Insider Buying and Selling for Albany International Corp..

How do I buy Albany International Corp. stock?

Shares of Albany International Corp. 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 Corp. stock cost?

One share of Albany International Corp. stock can currently be purchased for approximately $47.80.

Analyst Ratings

Consensus Ratings for Albany International Corp. (NYSE:AIN) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $52.00 (8.79% upside)

Analysts' Ratings History for Albany International Corp. (NYSE:AIN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
12/21/2016SidotiDowngradeBuy -> NeutralN/AView Rating Details
12/9/2015MacquarieBoost Price TargetOutperform$41.00 -> $43.00N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Albany International Corp. (NYSE:AIN)
Earnings by Quarter for Albany International Corp. (NYSE:AIN)
Earnings History by Quarter for Albany International Corp. (NYSE:AIN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/31/2017        
2/8/2017Q416$0.44$0.36$190.81 million$216.00 millionViewListenView Earnings Details
10/31/2016Q3$0.40$0.41$197.80 million$191.30 millionViewListenView Earnings Details
8/1/2016Q216$0.48$0.48$196.47 million$203.20 millionViewListenView Earnings Details
5/2/2016Q116$0.52$0.46$178.46 million$172.30 millionViewListenView Earnings Details
2/8/2016Q415$0.34$0.46$185.36 million$177.50 millionViewListenView Earnings Details
10/27/2015Q315$0.36$0.47$180.41 million$178.80 millionViewListenView Earnings Details
8/4/2015Q2$0.47$0.29$194.00 million$172.30 millionViewListenView Earnings Details
2/9/2015Q414$0.39$0.35$197.10 million$191.70 millionViewListenView Earnings Details
11/3/2014Q3$0.36$0.37$189.30 million$179.90 millionViewListenView Earnings Details
8/4/2014Q2$0.44$0.39$194.03 million$193.50 millionViewListenView Earnings Details
2/11/2014Q4$0.35$0.35$186.67 million$189.60 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Albany International Corp. (NYSE:AIN)
Current Year EPS Consensus Estimate: $2.02 EPS
Next Year EPS Consensus Estimate: $2.48 EPS

Dividends

Current Dividend Information for Albany International Corp. (NYSE:AIN)
Next Dividend:7/10/2017
Annual Dividend:$0.68
Dividend Yield:1.42%
Dividend Growth:15.60% (3 Year Average)
Payout Ratio:41.46% (Trailing 12 Months of Earnings)
33.66% (Based on This Year's Estimates)
27.42% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Albany International Corp. (NYSE:AIN)

Dividend History by Quarter for Albany International Corp. (NYSE:AIN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/15/2017quarterly$0.171.46%6/5/20176/7/20177/10/2017
2/24/2017quarterly$0.171.45%3/16/20173/20/20174/7/2017
12/16/2016quarterly$0.171.45%12/22/201612/27/20161/9/2017
9/9/2016quarterly$0.179/16/20169/20/201610/7/2016
5/13/2016quarterly$0.176/3/20166/7/20167/8/2016
2/26/2016quarterly$0.173/17/20163/21/20164/7/2016
12/11/2015quarterly$0.1712/18/201512/22/20151/8/2016
9/3/2015quarterly$0.179/14/201510/7/2015
5/15/2015quarterly$0.171.66%6/3/20156/5/20157/8/2015
2/27/2015quarterly$0.161.68%3/19/20153/23/20154/7/2015
12/12/2014quarterly$0.161.82%12/19/201412/23/20141/8/2015
8/22/2014quarterly$0.161.69%9/4/20149/8/201410/7/2014
5/16/2014quarterly$0.161.74%6/4/20146/6/20147/8/2014
2/28/2014quarterly$0.151.68%3/20/20143/24/20144/7/2014
12/13/2013quarterly$0.151.68%12/20/201312/24/20131/8/2014
8/23/2013quarterly$0.151.77%9/5/20139/9/201310/7/2013
5/17/2013quarterly$0.151.85%6/5/20136/7/20137/8/2013
2/15/2013quarterly$0.141.95%3/5/20133/7/20134/5/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Albany International Corp. (NYSE:AIN)
Insider Ownership Percentage: 13.38%
Institutional Ownership Percentage: 87.05%
Insider Trades by Quarter for Albany International Corp. (NYSE:AIN)
Institutional Ownership by Quarter for Albany International Corp. (NYSE:AIN)
Insider Trades by Quarter for Albany International Corp. (NYSE:AIN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/30/2016Robert Alan HansenInsiderSell4,122$42.89$176,792.58View SEC Filing  
5/10/2016Daniel A HalftermeyerInsiderSell4,000$38.57$154,280.00View SEC Filing  
5/27/2015Robert Alan HansenSVPSell6,230$39.80$247,954.00View SEC Filing  
2/18/2015Joseph M GaugInsiderSell1,000$37.82$37,820.00View SEC Filing  
11/17/2014Daniel A HalftermeyerInsiderSell1,500$37.46$56,190.00View SEC Filing  
5/13/2014Charles Silva, Jr.VPSell13,100$36.74$481,294.00View SEC Filing  
5/13/2014Robert Alan HansenSVPSell3,288$36.81$121,031.28View SEC Filing  
11/22/2013Robert Alan HansenSVPSell3,119$35.46$110,599.74View SEC Filing  
8/21/2013Joseph GaugInsiderSell1,179$33.45$39,437.55View SEC Filing  
5/24/2013John C StandishDirectorSell7,620$31.90$243,078.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Albany International Corp. (NYSE:AIN)
Latest Headlines for Albany International Corp. (NYSE:AIN)
Source:
DateHeadline
americanbankingnews.com logoAlbany International Corp. (AIN) to Issue Quarterly Dividend of $0.17
www.americanbankingnews.com - May 15 at 5:48 PM
americanbankingnews.com logoZacks: Brokerages Set $52.00 Target Price for Albany International Corp. (AIN)
www.americanbankingnews.com - May 12 at 10:58 AM
finance.yahoo.com logoEdited Transcript of AIN earnings conference call or presentation 5-May-17 1:00pm GMT
finance.yahoo.com - May 6 at 1:27 AM
seekingalpha.com logoAlbany International's (AIN) CEO Joe Morone on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 5 at 3:26 PM
finance.yahoo.com logoAlbany International posts 1Q profit
finance.yahoo.com - May 5 at 3:25 PM
finance.yahoo.com logoAlbany International Reports First-Quarter Results
finance.yahoo.com - May 4 at 8:30 PM
nasdaq.com logoSchaper Benz & Wise Investment Counsel Inc Buys Enbridge Inc, Analog Devices Inc, Albany ...
www.nasdaq.com - May 2 at 3:30 PM
americanbankingnews.com logoAlbany International Corp. (AIN) Receiving Positive News Coverage, AlphaOne Reports
www.americanbankingnews.com - May 2 at 9:24 AM
americanbankingnews.com logoAlbany International Corp. (AIN) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - May 2 at 7:34 AM
americanbankingnews.com logo Analysts Set $52.00 Target Price for Albany International Corp. (AIN)
www.americanbankingnews.com - April 27 at 10:22 AM
americanbankingnews.com logoAlbany International Corp. (AIN) Earns Daily Media Sentiment Score of 0.10
www.americanbankingnews.com - April 25 at 2:30 PM
finance.yahoo.com logoAlbany International Corp. – Value Analysis (NYSE:AIN) : April 24, 2017
finance.yahoo.com - April 24 at 3:27 PM
americanbankingnews.com logoAlbany International Corp. (AIN) Getting Somewhat Negative News Coverage, Analysis Finds
www.americanbankingnews.com - April 22 at 10:22 AM
finance.yahoo.com logoAlbany International Corp. breached its 50 day moving average in a Bullish Manner : AIN-US : April 21, 2017
finance.yahoo.com - April 21 at 3:27 PM
americanbankingnews.com logoSomewhat Positive Media Coverage Somewhat Likely to Impact Albany International Corp. (AIN) Stock Price
www.americanbankingnews.com - April 18 at 10:51 AM
americanbankingnews.com logoAlbany International Corp. (AIN) Receives Daily Media Sentiment Rating of 0.31
www.americanbankingnews.com - April 14 at 3:52 PM
americanbankingnews.com logoZacks: Brokerages Set $52.00 Price Target for Albany International Corp. (AIN)
www.americanbankingnews.com - April 12 at 6:46 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Albany International Corp. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
finance.yahoo.com - March 30 at 3:49 PM
americanbankingnews.com logoZacks: Albany International Corp. (AIN) Given $52.00 Average Target Price by Analysts
www.americanbankingnews.com - March 27 at 12:14 PM
nasdaq.com logoAlbany International Corporation (AIN) Ex-Dividend Date Scheduled for March 16 ...
www.nasdaq.com - March 16 at 4:58 PM
finance.yahoo.com logoALBANY INTERNATIONAL CORP /DE/ Financials
finance.yahoo.com - March 7 at 3:26 PM
biz.yahoo.com logoALBANY INTERNATIONAL CORP /DE/ Files SEC form 10-K, Annual Report
biz.yahoo.com - March 1 at 8:24 PM
finance.yahoo.com logoAlbany International Declares Dividend
finance.yahoo.com - February 24 at 3:24 PM
seekingalpha.com logoAlbany International's (AIN) CEO Joe Morone On Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 10 at 1:28 AM
finance.yahoo.com logoEdited Transcript of AIN earnings conference call or presentation 9-Feb-17 2:00pm GMT
finance.yahoo.com - February 10 at 1:28 AM
biz.yahoo.com logoAlbany International Corp Earnings Call scheduled for 9:00 am ET today
biz.yahoo.com - February 9 at 3:26 PM
finance.yahoo.com logoAlbany International Reports Fourth-Quarter Results
finance.yahoo.com - February 8 at 8:30 PM
biz.yahoo.com logoALBANY INTERNATIONAL CORP /DE/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statement
biz.yahoo.com - February 8 at 8:30 PM
biz.yahoo.com logoQ4 2016 Albany International Corp Earnings Release - After Market Close
biz.yahoo.com - February 8 at 3:30 PM
us.rd.yahoo.com logoAlbany Intl downgraded by Sidoti
us.rd.yahoo.com - December 16 at 8:32 PM
finance.yahoo.com logoKenneth W. Krueger Elected to Albany International Corp. Board
finance.yahoo.com - December 15 at 3:47 PM
bizjournals.com logoOneJet halts RDU plans
www.bizjournals.com - December 8 at 3:36 PM
biz.yahoo.com logoQ3 2016 Albany International Corp Earnings Release - After Market Close
biz.yahoo.com - October 31 at 9:23 AM
finance.yahoo.com logoAlbany International Announces Earnings Release Date
finance.yahoo.com - October 13 at 12:49 PM
seekingalpha.com logoDividend Streaks In Danger: Freezin' Season Under Way
seekingalpha.com - October 10 at 8:10 AM
finance.yahoo.com logoStatement from Albany International Corp. on the Death of Company Chairman Emeritus J. Spencer Standish
finance.yahoo.com - September 25 at 8:11 AM
finance.yahoo.com logoA. William Higgins Elected to Albany International Corp. Board
finance.yahoo.com - September 8 at 3:24 PM
biz.yahoo.com logoALBANY INTERNATIONAL CORP /DE/ Files SEC form 8-K, Financial Statements and Exhibits
biz.yahoo.com - September 8 at 3:24 PM
cnbc.com logoAlbany International posts 2Q profit
www.cnbc.com - August 2 at 3:26 PM

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Chart

Albany International Corp. (AIN) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff