NYSE:AIN Albany International - AIN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Albany International Corp. Please log in to your account or sign up in order to add this asset to your watchlist. $87.00 +1.72 (+2.02%) (As of 03/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$85.07▼$87.5750-Day Range$85.28▼$113.7252-Week Range$75.24▼$115.39Volume430,041 shsAverage Volume152,202 shsMarket Capitalization$2.71 billionP/E Ratio28.62Dividend Yield1.15%Price Target$98.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Albany International MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside13.4% Upside$98.67 Price TargetShort InterestHealthy1.08% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.20Based on 6 Articles This WeekInsider TradingSelling Shares$193,667 Sold Last QuarterProj. Earnings Growth12.19%From $3.61 to $4.05 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.2.67 out of 5 starsIndustrial Products Sector64th out of 179 stocksBroadwoven Fabric Mills, Manmade Industry1st out of 1 stocks 2.0 Analyst's Opinion Consensus RatingAlbany International has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $98.67, Albany International has a forecasted upside of 13.4% from its current price of $87.00.Amount of Analyst CoverageAlbany International has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.08% 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 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Albany International has recently decreased by 19.44%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend YieldAlbany International pays a meaningful dividend of 1.17%, 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 32.89%. 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 24.69% 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 3.4 News and Social Media Coverage News SentimentAlbany International has a news sentiment score of 1.20. 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 0.62 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Albany International this week, compared to 2 articles on an average week.MarketBeat Follows1 people have added Albany International to their MarketBeat watchlist in the last 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 $193,667.00 in company stock.Percentage Held by InsidersOnly 0.55% of the stock of Albany International is held by insiders.Percentage Held by Institutions99.94% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Albany International are expected to grow by 12.19% in the coming year, from $3.61 to $4.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Albany International is 28.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Albany International is 28.62, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.89.Price to Earnings Growth RatioAlbany International has a PEG Ratio of 3.07. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAlbany International has a P/B Ratio of 3.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Albany International (NYSE:AIN) StockAlbany International Corp. engages in textiles and materials processing. It operates through the following segments: Machine Clothing and Albany Engineered Composites. The Machine Clothing segment supplies fabrics used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and tannery and textile industries. The Engineered Composites segment provides composite structures to customers in the commercial and defense aerospace industries. The firm offers regular fabric, consultative, diagnostic, and project specific services. The company was founded on March 8, 1895 and is headquartered in Rochester, NH.Read More Receive AIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Albany International and its competitors with MarketBeat's FREE daily newsletter. Email Address AIN Stock News HeadlinesMarch 26, 2023 | marketwatch.comWhen Albany International ($AIN) Moves Investors should ListenMarch 25, 2023 | finance.yahoo.comWill Weakness in Albany International Corp.'s (NYSE:AIN) Stock Prove Temporary Given Strong Fundamentals?March 27, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 23, 2023 | finance.yahoo.comAlbany International Announces CFO TransitionMarch 18, 2023 | americanbankingnews.comAlbany International (NYSE:AIN) Now Covered by Analysts at StockNews.comMarch 13, 2023 | finance.yahoo.comAlbany International Announces CEO Succession PlanMarch 1, 2023 | msn.comAlbany International (AIN) Declares $0.25 DividendMarch 1, 2023 | finance.yahoo.comReturns Are Gaining Momentum At Albany International (NYSE:AIN)March 27, 2023 | Tradewins (Ad)Modern Day Options Trading For Beginners!These days it takes more than willpower to succeed on Wall Street and for new traders, even small mistakes can sink an account! With "Your Guide To Successful Options Trading" by expert Wendy Kirkland, you can avoid new trader pitfalls and learn to earn in this vicious market. February 21, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Materials Stocks: Albany International (AIN), Mohawk (MHK) and First Quantum Minerals (OtherFQVLF)February 15, 2023 | finance.yahoo.comAlbany International Full Year 2022 Earnings: Revenues Beat Expectations, EPS LagsFebruary 13, 2023 | msn.comAlbany Non-GAAP EPS of $0.75 beats by $0.09, revenue of $268.8M beats by $27.48MFebruary 13, 2023 | finance.yahoo.comAlbany International Reports Fourth-Quarter 2022 ResultsFebruary 13, 2023 | finance.yahoo.comAlbany International (AIN) Beats Q4 Earnings and Revenue EstimatesFebruary 13, 2023 | finance.yahoo.comAlbany International to Present at the Cowen 44th Annual Aerospace/Defense and Industrials ConferenceDecember 31, 2022 | finance.yahoo.comIs Now The Time To Look At Buying Albany International Corp. (NYSE:AIN)?December 20, 2022 | msn.comAlbany Intl: Dividend InsightsDecember 9, 2022 | finance.yahoo.comAlbany International Increases DividendDecember 5, 2022 | finance.yahoo.comInvesting in Albany International (NYSE:AIN) five years ago would have delivered you a 75% gainNovember 25, 2022 | nasdaq.comAre Industrial Products Stocks Lagging Albany International (AIN) This Year?November 25, 2022 | finance.yahoo.comAre Industrial Products Stocks Lagging Albany International (AIN) This Year?November 9, 2022 | finance.yahoo.comIs Albany International (AIN) Stock Outpacing Its Industrial Products Peers This Year?October 26, 2022 | msn.comBaird Maintains Neutral Rating for Albany Intl: Here's What You Need To KnowOctober 25, 2022 | seekingalpha.comAlbany International Corp. (AIN) Q3 2022 Earnings Call TranscriptOctober 25, 2022 | finance.yahoo.comAlbany International Reports Third-Quarter 2022 ResultsOctober 25, 2022 | finance.yahoo.comAlbany International (AIN) Q3 Earnings and Revenues Top EstimatesOctober 21, 2022 | msn.comEarnings Preview: Albany InternationalSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Last Earnings10/24/2021Ex-Dividend for 1/9 Dividend12/23/2022Dividend Payable1/09/2023Ex-Dividend for 4/10 Dividend3/16/2023Today3/27/2023Dividend Payable4/10/2023Next Earnings (Estimated)4/24/2023Fiscal 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$98.67 High Stock Price Forecast$110.00 Low Stock Price Forecast$85.00 Forecasted Upside/Downside+13.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$3.04 Trailing P/E Ratio28.62 Forward P/E Ratio24.10 P/E Growth3.07Net Income$95.76 million Net Margins9.25% Pretax Margin12.75% Return on Equity14.31% Return on Assets7.53% Debt Debt-to-Equity Ratio0.51 Current Ratio3.97 Quick Ratio3.31 Sales & Book Value Annual Sales$1.03 billion Price / Sales2.61 Cash Flow$6.22 per share Price / Cash Flow13.98 Book Value$27.89 per share Price / Book3.12Miscellaneous Outstanding Shares31,100,000Free Float30,929,000Market Cap$2.71 billion OptionableOptionable Beta1.34 Key ExecutivesAndrew William HigginsPresident, Chief Executive Officer & DirectorStephen M. NolanChief Financial Officer & TreasurerRobert Alan HansenChief Technology Officer & Senior Vice PresidentAlice MccarvillChief Human Resources Officer & Executive VPJoseph M. GaugSecretary, Vice President & General CounselKey CompetitorsGreifNYSE:GEFArconicNYSE:ARNCWorthington IndustriesNYSE:WORBradyNYSE:BRCResideo TechnologiesNYSE:REZIView All CompetitorsInsiders & InstitutionsVoya Investment Management LLCBought 1,090 shares on 2/28/2023Ownership: 0.042%Robert Alan HansenSold 1,900 sharesTotal: $193,667.00 ($101.93/share)Teachers Retirement System of The State of KentuckyBought 420 shares on 2/22/2023Ownership: 0.031%Truist Financial CorpBought 6,618 shares on 2/17/2023Ownership: 0.118%Alliancebernstein L.P.Bought 4,406 shares on 2/16/2023Ownership: 0.150%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 equities research analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AIN shares. 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 AIN analyst ratings or view top-rated stocks. What is Albany International's stock price forecast for 2023? 3 equities research analysts have issued 12-month price targets for Albany International's stock. Their AIN share price forecasts range from $85.00 to $110.00. On average, they predict the company's stock price to reach $98.67 in the next year. This suggests a possible upside of 13.4% 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 at the start of the year. Since then, AIN stock has decreased by 11.8% and is now trading at $87.00. View the best growth stocks for 2023 here. Are investors shorting Albany International? Albany International saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 336,100 shares, a decline of 19.4% from the February 28th total of 417,200 shares. Based on an average daily trading volume, of 139,400 shares, the short-interest ratio is presently 2.4 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, April 24th 2023. View our AIN earnings forecast. How were Albany International's earnings last quarter? Albany International Corp. (NYSE:AIN) posted its earnings results on Sunday, October, 24th. The textile maker reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.71 by $0.12. The textile maker had revenue of $232.44 million for the quarter, compared to analysts' expectations of $221.76 million. Albany International had a net margin of 9.25% and a trailing twelve-month return on equity of 14.31%. During the same period in the previous year, the company posted $0.96 EPS. How often does Albany International pay dividends? What is the dividend yield for Albany International? Albany International announced a quarterly dividend on Friday, February 24th. Investors of record on Friday, March 17th will be paid a dividend of $0.25 per share on Monday, April 10th. This represents a $1.00 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend is Thursday, March 16th. 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 Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap Momentum ETF (XSMO), Invesco S&P SmallCap Quality ETF (XSHQ), Invesco S&P SmallCap Low Volatility ETF (XSLV), Vanguard S&P Small-Cap 600 Growth ETF (VIOG), iShares S&P Small-Cap 600 Growth ETF (IJT), SPDR S&P 600 Small Cap Growth ETF (SLYG) and Invesco DWA SmallCap Momentum ETF (DWAS). 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 1.17%. 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 32.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIN will have a dividend payout ratio of 24.69% 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 Tuesday, February, 14th. The company provided earnings per share (EPS) guidance of $3.10-$3.60 for the period, compared to the consensus EPS estimate of $3.93. The company issued revenue guidance of $1.01 billion-$1.05 billion, compared to the consensus revenue estimate of $1.05 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." Who are Albany International's major shareholders? Albany International's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Earnest Partners LLC (9.18%), Bank of America Corp DE (4.58%), Dimensional Fund Advisors LP (3.69%), William Blair Investment Management LLC (2.74%), Sei Investments Co. (2.15%) and Geode Capital Management LLC (1.96%). Insiders that own company stock include Christine L Standish, Daniel A Halftermeyer, David M Pawlick and Robert Alan Hansen. View institutional ownership trends. 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 $87.00. How much money does Albany International make? Albany International (NYSE:AIN) has a market capitalization of $2.71 billion and generates $1.03 billion in revenue each year. The textile maker earns $95.76 million in net income (profit) each year or $3.04 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 3/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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