Albany 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
- Market Cap: $1.53 billion
- Outstanding Shares: 32,099,000
- 50 Day Moving Avg: $46.87
- 200 Day Moving Avg: $46.46
- 52 Week Range: $37.00 - $49.50
Sales & Book Value:
- Trailing P/E Ratio: 30.66
- Foreward P/E Ratio: 19.27
- P/E Growth: 1.52
- Annual Revenue: $806.78 million
- Price / Sales: 1.90
- Book Value: $16.32 per share
- Price / Book: 2.93
- Annual Dividend: $0.68
- Dividend Yield: 1.5%
- EBIDTA: $172.24 million
- Net Margins: 6.76%
- Return on Equity: 10.53%
- Return on Assets: 4.56%
- Debt-to-Equity Ratio: 0.85%
- Current Ratio: 2.51%
- Quick Ratio: 1.84%
- 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?
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?
Some companies that are related to Albany International Corp. include Barnes Group (B), MSA Safety Incorporated (MSA), Belden (BDC), UniFirst Corp (UNF), Aggreko PLC (ARGKF), Cimpress NV (CMPR), Greif (GEF), Welbilt (WBT), Worthington Industries (WOR), John Bean Technologies Corp (JBT), iRobot (IRBT), Tetra Tech (TTEK), Applied Industrial Technologies (AIT), Rexnord Corp (RXN), RBC Bearings Incorporated (ROLL), SiteOne Landscape Supply (SITE), II-VI (IIVI) and MRC Global (MRC).
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.
Consensus Ratings for Albany International Corp. (NYSE:AIN) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|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)
(Data available from 5/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|12/21/2016||Sidoti||Downgrade||Buy -> Neutral||N/A|
|12/9/2015||Macquarie||Boost Price Target||Outperform||$41.00 -> $43.00||N/A|
Earnings History for Albany International Corp. (NYSE:AIN)Earnings History by Quarter for Albany International Corp. (NYSE:AIN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/31/2017|| || || || || || || || |
|2/8/2017||Q416||$0.44||$0.36||$190.81 million||$216.00 million||View||Listen|
|10/31/2016||Q3||$0.40||$0.41||$197.80 million||$191.30 million||View||Listen|
|8/1/2016||Q216||$0.48||$0.48||$196.47 million||$203.20 million||View||Listen|
|5/2/2016||Q116||$0.52||$0.46||$178.46 million||$172.30 million||View||Listen|
|2/8/2016||Q415||$0.34||$0.46||$185.36 million||$177.50 million||View||Listen|
|10/27/2015||Q315||$0.36||$0.47||$180.41 million||$178.80 million||View||Listen|
|8/4/2015||Q2||$0.47||$0.29||$194.00 million||$172.30 million||View||Listen|
|2/9/2015||Q414||$0.39||$0.35||$197.10 million||$191.70 million||View||Listen|
|11/3/2014||Q3||$0.36||$0.37||$189.30 million||$179.90 million||View||Listen|
|8/4/2014||Q2||$0.44||$0.39||$194.03 million||$193.50 million||View||Listen|
|2/11/2014||Q4||$0.35||$0.35||$186.67 million||$189.60 million||View||Listen|
Earnings Estimates for Albany International Corp. (NYSE:AIN)
Current Year EPS Consensus Estimate: $2.02 EPS
Next Year EPS Consensus Estimate: $2.48 EPS
Current Dividend Information for Albany International Corp. (NYSE:AIN)
|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 History by Quarter for Albany International Corp. (NYSE:AIN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Albany International Corp. (NYSE:AIN)
Insider Ownership Percentage: 13.38%Insider Trades by Quarter for Albany International Corp. (NYSE:AIN)
Institutional Ownership Percentage: 87.05%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/30/2016||Robert Alan Hansen||Insider||Sell||4,122||$42.89||$176,792.58|| |
|5/10/2016||Daniel A Halftermeyer||Insider||Sell||4,000||$38.57||$154,280.00|| |
|5/27/2015||Robert Alan Hansen||SVP||Sell||6,230||$39.80||$247,954.00|| |
|2/18/2015||Joseph M Gaug||Insider||Sell||1,000||$37.82||$37,820.00|| |
|11/17/2014||Daniel A Halftermeyer||Insider||Sell||1,500||$37.46||$56,190.00|| |
|5/13/2014||Charles Silva, Jr.||VP||Sell||13,100||$36.74||$481,294.00|| |
|5/13/2014||Robert Alan Hansen||SVP||Sell||3,288||$36.81||$121,031.28|| |
|11/22/2013||Robert Alan Hansen||SVP||Sell||3,119||$35.46||$110,599.74|| |
|8/21/2013||Joseph Gaug||Insider||Sell||1,179||$33.45||$39,437.55|| |
|5/24/2013||John C Standish||Director||Sell||7,620||$31.90||$243,078.00|| |
Headline Trends for Albany International Corp. (NYSE:AIN)
Latest Headlines for Albany International Corp. (NYSE:AIN)
|Albany International Corp. (AIN) to Issue Quarterly Dividend of $0.17|
www.americanbankingnews.com - May 15 at 5:48 PM
|Zacks: Brokerages Set $52.00 Target Price for Albany International Corp. (AIN)|
www.americanbankingnews.com - May 12 at 10:58 AM
|Edited Transcript of AIN earnings conference call or presentation 5-May-17 1:00pm GMT|
finance.yahoo.com - May 6 at 1:27 AM
|Albany International's (AIN) CEO Joe Morone on Q1 2017 Results - Earnings Call Transcript|
seekingalpha.com - May 5 at 3:26 PM
|Albany International posts 1Q profit|
finance.yahoo.com - May 5 at 3:25 PM
|Albany International Reports First-Quarter Results|
finance.yahoo.com - May 4 at 8:30 PM
|Schaper Benz & Wise Investment Counsel Inc Buys Enbridge Inc, Analog Devices Inc, Albany ...|
www.nasdaq.com - May 2 at 3:30 PM
|Albany International Corp. (AIN) Receiving Positive News Coverage, AlphaOne Reports|
www.americanbankingnews.com - May 2 at 9:24 AM
|Albany International Corp. (AIN) to Release Quarterly Earnings on Thursday|
www.americanbankingnews.com - May 2 at 7:34 AM
| Analysts Set $52.00 Target Price for Albany International Corp. (AIN)|
www.americanbankingnews.com - April 27 at 10:22 AM
|Albany International Corp. (AIN) Earns Daily Media Sentiment Score of 0.10|
www.americanbankingnews.com - April 25 at 2:30 PM
|Albany International Corp. – Value Analysis (NYSE:AIN) : April 24, 2017|
finance.yahoo.com - April 24 at 3:27 PM
|Albany International Corp. (AIN) Getting Somewhat Negative News Coverage, Analysis Finds|
www.americanbankingnews.com - April 22 at 10:22 AM
|Albany 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
|Somewhat Positive Media Coverage Somewhat Likely to Impact Albany International Corp. (AIN) Stock Price|
www.americanbankingnews.com - April 18 at 10:51 AM
|Albany International Corp. (AIN) Receives Daily Media Sentiment Rating of 0.31|
www.americanbankingnews.com - April 14 at 3:52 PM
|Zacks: Brokerages Set $52.00 Price Target for Albany International Corp. (AIN)|
www.americanbankingnews.com - April 12 at 6:46 PM
|SHAREHOLDER 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
|Zacks: Albany International Corp. (AIN) Given $52.00 Average Target Price by Analysts|
www.americanbankingnews.com - March 27 at 12:14 PM
|Albany International Corporation (AIN) Ex-Dividend Date Scheduled for March 16 ...|
www.nasdaq.com - March 16 at 4:58 PM
|ALBANY INTERNATIONAL CORP /DE/ Financials|
finance.yahoo.com - March 7 at 3:26 PM
|ALBANY INTERNATIONAL CORP /DE/ Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 1 at 8:24 PM
|Albany International Declares Dividend|
finance.yahoo.com - February 24 at 3:24 PM
|Albany International's (AIN) CEO Joe Morone On Q4 2016 Results - Earnings Call Transcript|
seekingalpha.com - February 10 at 1:28 AM
|Edited Transcript of AIN earnings conference call or presentation 9-Feb-17 2:00pm GMT|
finance.yahoo.com - February 10 at 1:28 AM
|Albany International Corp Earnings Call scheduled for 9:00 am ET today|
biz.yahoo.com - February 9 at 3:26 PM
|Albany International Reports Fourth-Quarter Results|
finance.yahoo.com - February 8 at 8:30 PM
|ALBANY 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
|Q4 2016 Albany International Corp Earnings Release - After Market Close|
biz.yahoo.com - February 8 at 3:30 PM
|Albany Intl downgraded by Sidoti|
us.rd.yahoo.com - December 16 at 8:32 PM
|Kenneth W. Krueger Elected to Albany International Corp. Board|
finance.yahoo.com - December 15 at 3:47 PM
|OneJet halts RDU plans|
www.bizjournals.com - December 8 at 3:36 PM
|Q3 2016 Albany International Corp Earnings Release - After Market Close|
biz.yahoo.com - October 31 at 9:23 AM
|Albany International Announces Earnings Release Date|
finance.yahoo.com - October 13 at 12:49 PM
|Dividend Streaks In Danger: Freezin' Season Under Way|
seekingalpha.com - October 10 at 8:10 AM
|Statement from Albany International Corp. on the Death of Company Chairman Emeritus J. Spencer Standish|
finance.yahoo.com - September 25 at 8:11 AM
|A. William Higgins Elected to Albany International Corp. Board|
finance.yahoo.com - September 8 at 3:24 PM
|ALBANY INTERNATIONAL CORP /DE/ Files SEC form 8-K, Financial Statements and Exhibits|
biz.yahoo.com - September 8 at 3:24 PM
|Albany International posts 2Q profit|
www.cnbc.com - August 2 at 3:26 PM
Albany International Corp. (AIN) Chart for Friday, May, 26, 2017