Albany International Corporation Company Profile (NYSE:AIN)

About Albany International Corporation

Albany International Corporation logoAlbany 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
Key Metrics:
  • Previous Close: $46.95
  • 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
Profitability:
  • 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%
Additional Links:
Companies Related to Albany International Corporation:

Analyst Ratings

Consensus Ratings for Albany International Corporation (NYSE:AIN) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $52.00 (9.82% upside)

Analysts' Ratings History for Albany International Corporation (NYSE:AIN)
Show:
DateFirmActionRatingPrice TargetDetails
12/21/2016SidotiDowngradeBuy -> NeutralView Rating Details
12/9/2015MacquarieBoost Price TargetOutperform$41.00 -> $43.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Albany International Corporation (NYSE:AIN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
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$0.35$194.00 million$172.30 millionViewListenView Earnings Details
5/4/2015Q115$0.41$0.38$185.73 million$181.30 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
5/5/2014Q1$0.41$0.33ViewListenView 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 Corporation (NYSE:AIN)
Current Year EPS Consensus Estimate: $2.24 EPS
Next Year EPS Consensus Estimate: $2.69 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.42$0.42$0.42
Q2 20161$0.39$0.39$0.39
Q3 20161$0.49$0.49$0.49
Q4 20161$0.50$0.50$0.50
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Albany International Corporation (NYSE:AIN)
Annual Dividend:$0.68
Dividend Yield:1.44%
Dividend Growth:15.60% (3 Year Average)
Payout Ratio:41.46% (Based on Trailing 12 Months of Earnings)
30.36% (Based on Current Year Consensus EPS Estimate)
25.28% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for Albany International Corporation (NYSE:AIN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/24/2017quarterly$0.173/20/20174/7/2017
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 History for Albany International Corporation (NYSE:AIN)
Insider Ownership Percentage: 13.38%
Institutional Ownership Percentage: 87.05%
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

Latest Headlines for Albany International Corporation (NYSE:AIN)
DateHeadline
finance.yahoo.com logoAlbany International Declares Dividend (NYSE:AIN)
finance.yahoo.com - February 24 at 3:24 PM
realistinvestor.com logoAlbany International Corporation (NYSE:AIN) Deferred Tax Assets At $6.979 Millions (NYSE:AIN)
www.realistinvestor.com - February 22 at 11:39 AM
realistinvestor.com logoDeferred Tax Assets Of Albany International Corporation (NYSE:AIN) At $6.979 Millions (NYSE:AIN)
www.realistinvestor.com - February 16 at 7:26 AM
capitalcube.com logoAlbany International Corp. : AIN-US: Dividend Analysis : December 27th, 2016 (record date) : By the numbers : February 15, 2017 (NYSE:AIN)
www.capitalcube.com - February 16 at 7:26 AM
capitalcube.com logoAlbany International Corp. :AIN-US: Earnings Analysis: Q4, 2016 By the Numbers : February 14, 2017 (NYSE:AIN)
www.capitalcube.com - February 14 at 3:42 PM
seekingalpha.com logoAlbany International's (AIN) CEO Joe Morone On Q4 2016 Results - Earnings Call Transcript (NYSE:AIN)
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 (NYSE:AIN)
finance.yahoo.com - February 10 at 1:28 AM
sg.finance.yahoo.com logoAlbany International posts 4Q profit (NYSE:AIN)
sg.finance.yahoo.com - February 9 at 3:26 PM
biz.yahoo.com logoAlbany International Corp Earnings Call scheduled for 9:00 am ET today (NYSE:AIN)
biz.yahoo.com - February 9 at 3:26 PM
finance.yahoo.com logoAlbany International Reports Fourth-Quarter Results (NYSE:AIN)
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 (NYSE:AIN)
biz.yahoo.com - February 8 at 8:30 PM
biz.yahoo.com logoQ4 2016 Albany International Corp Earnings Release - After Market Close (NYSE:AIN)
biz.yahoo.com - February 8 at 3:30 PM
capitalcube.com logoAlbany International Corp. breached its 50 day moving average in a Bullish Manner : AIN-US : February 8, 2017 (NYSE:AIN)
www.capitalcube.com - February 8 at 3:30 PM
News IconIt Seems Albany International Corp. (AIN) Will Go Up. Formed A Few Months Double Top Pattern (NYSE:AIN)
randolphguide.com - January 30 at 8:37 PM
4-traders.com logoAlbany International : U.S. Patents Awarded to Inventors in Michigan (Jan. 19) (NYSE:AIN)
www.4-traders.com - January 20 at 8:35 PM
capitalcube.com logoAlbany International Corp. – Value Analysis (NYSE:AIN) : January 18, 2017 (NYSE:AIN)
www.capitalcube.com - January 18 at 3:55 PM
realistinvestor.com logoQuarterly Deferred Tax Assets Of Albany International Corporation (NYSE:AIN) At $6.979 Millions (NYSE:AIN)
www.realistinvestor.com - January 17 at 4:06 PM
capitalcube.com logoETFs with exposure to Albany International Corp. : January 17, 2017 (NYSE:AIN)
www.capitalcube.com - January 17 at 4:05 PM
capitalcube.com logoAlbany International Corp. breached its 50 day moving average in a Bearish Manner : AIN-US : January 13, 2017 (NYSE:AIN)
www.capitalcube.com - January 13 at 3:48 PM
capitalcube.com logoETFs with exposure to Albany International Corp. : January 6, 2017 (NYSE:AIN)
www.capitalcube.com - January 6 at 3:31 PM
4-traders.com logoALBANY INTERNATIONAL CORP. : ex-dividend day (NYSE:AIN)
www.4-traders.com - December 22 at 2:31 AM
us.rd.yahoo.com logoAlbany Intl downgraded by Sidoti (NYSE:AIN)
us.rd.yahoo.com - December 16 at 8:32 PM
4-traders.com logoALBANY INTERNATIONAL CORP /DE/ : Financial Statements and Exhibits (form 8-K) (NYSE:AIN)
www.4-traders.com - December 15 at 8:48 PM
finance.yahoo.com logoKenneth W. Krueger Elected to Albany International Corp. Board (NYSE:AIN)
finance.yahoo.com - December 15 at 3:47 PM
News IconIs Albany International Corp. (AIN) Going to Burn Investors? (NYSE:AIN)
feedproxy.google.com - December 9 at 4:37 PM
News IconBoeing Starts Final Assembly of 787-10 (NYSE:AIN)
www.ainonline.com - December 8 at 3:36 PM
News IconJohn Glenn, American hero, aviation icon and former U.S. senator, dies at 95 (NYSE:AIN)
www.dispatch.com - December 8 at 3:36 PM
bizjournals.com logoOneJet halts RDU plans (NYSE:AIN)
www.bizjournals.com - December 8 at 3:36 PM
News IconNew airline to offer flights from Albany International (NYSE:AIN)
dailygazette.com - December 8 at 3:36 PM
capitalcube.com logoETFs with exposure to Albany International Corp. : December 2, 2016 (NYSE:AIN)
www.capitalcube.com - December 2 at 3:29 PM
capitalcube.com logoAlbany International Corp. :AIN-US: Earnings Analysis: Q3, 2016 By the Numbers : November 17, 2016 (NYSE:AIN)
www.capitalcube.com - November 17 at 1:41 PM
biz.yahoo.com logoQ3 2016 Albany International Corp Earnings Release - After Market Close (NYSE:AIN)
biz.yahoo.com - October 31 at 9:23 AM
capitalcube.com logoAlbany International Corp. breached its 50 day moving average in a Bearish Manner : AIN-US : October 26, 2016 (NYSE:AIN)
www.capitalcube.com - October 26 at 12:22 PM
capitalcube.com logoAlbany International Corp. : AIN-US: Dividend Analysis : September 20th, 2016 (record date) : By the numbers : October 24, 2016 (NYSE:AIN)
www.capitalcube.com - October 24 at 3:26 PM
finance.yahoo.com logoAlbany International Announces Earnings Release Date (NYSE:AIN)
finance.yahoo.com - October 13 at 12:49 PM
capitalcube.com logoAlbany International Corp. breached its 50 day moving average in a Bearish Manner : AIN-US : October 10, 2016 (NYSE:AIN)
www.capitalcube.com - October 10 at 3:20 PM
seekingalpha.com logoDividend Streaks In Danger: Freezin' Season Under Way (NYSE:AIN)
seekingalpha.com - October 10 at 8:10 AM
realistinvestor.com logoAlbany International Corporation (NYSE:AIN) Accounts Payable At $26.753 Millions (NYSE:AIN)
www.realistinvestor.com - October 5 at 3:55 PM
capitalcube.com logoAlbany International Corp. – Value Analysis (NYSE:AIN) : September 27, 2016 (NYSE:AIN)
www.capitalcube.com - September 27 at 3:22 PM
capitalcube.com logoAlbany International Corp. breached its 50 day moving average in a Bearish Manner : AIN-US : September 26, 2016 (NYSE:AIN)
www.capitalcube.com - September 26 at 9:45 AM
4-traders.com logoAlbany International : Statement from Albany International Corp. on the Death of Company Chairman Emeritus J. Spencer Standish (NYSE:AIN)
www.4-traders.com - September 25 at 8:11 AM
finance.yahoo.com logoStatement from Albany International Corp. on the Death of Company Chairman Emeritus J. Spencer Standish (NYSE:AIN)
finance.yahoo.com - September 25 at 8:11 AM
realistinvestor.com logoAlbany International Corporation (NYSE:AIN)’s Accounts Payable Is $40.608 (NYSE:AIN)
www.realistinvestor.com - September 22 at 9:18 AM
realistinvestor.com logoAlbany International Corporation (NYSE:AIN) Accounts Payable Is $40.608 (NYSE:AIN)
www.realistinvestor.com - September 13 at 3:23 PM
finance.yahoo.com logoA. William Higgins Elected to Albany International Corp. Board (NYSE:AIN)
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 (NYSE:AIN)
biz.yahoo.com - September 8 at 3:24 PM
realistinvestor.com logoAlbany International Corporation (NYSE:AIN) Reports Accounts Payable Of $40.608 (NYSE:AIN)
www.realistinvestor.com - August 16 at 3:26 PM
capitalcube.com logoETF’s with exposure to Albany International Corp. : August 11, 2016 (NYSE:AIN)
www.capitalcube.com - August 11 at 12:36 PM
capitalcube.com logoAlbany International Corp. :AIN-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:AIN)
www.capitalcube.com - August 5 at 11:49 AM
cnbc.com logoAlbany International posts 2Q profit (NYSE:AIN)
www.cnbc.com - August 2 at 3:26 PM

Social

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 paid 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 forecasts range from $52.00 to $52.00. On average, they expect Albany International Corporation's share 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 institutional and retail 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.

Albany International Corporation (NYSE:AIN) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Albany International Corporation (NYSE:AIN)

Earnings History Chart

Earnings by Quarter for Albany International Corporation (NYSE:AIN)

Dividend History Chart

Dividend Payments by Quarter for Albany International Corporation (NYSE:AIN)

Last Updated on 2/26/2017 by MarketBeat.com Staff