Albany International Corp. engages in textile and materials processing businesses worldwide. The company operates through two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing. This segment offers forming, pressing, dryer fabrics, and process belts. It also provides customized and consumable fabrics that are used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, tannery, and textile industries; and sells its products directly to end-user customers. The AEC segment designs, manufactures, and markets composite structures primarily to customers in the aerospace and defense industries. Albany International Corp. was founded in 1895 and is headquartered in Rochester, New Hampshire.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Broadwoven fabric mills, manmade
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNYSE:AIN
CUSIP01234810
Phone518-445-2200
Debt
Debt-to-Equity Ratio0.88
Current Ratio2.99
Quick Ratio2.49
Price-To-Earnings
Trailing P/E Ratio47.20
Forward P/E Ratio32.88
P/E GrowthN/A
Sales & Book Value
Annual Sales$863.72 million
Price / Sales2.86
Cash Flow$4.0126 per share
Price / Cash19.09
Book Value$17.80 per share
Price / Book4.30
Profitability
EPS (Most Recent Fiscal Year)$1.61
Net Income$33.11 million
Net Margins6.38%
Return on Equity13.03%
Return on Assets5.48%
Miscellaneous
Employees4,400
Outstanding Shares32,200,000
Market Cap$2.45 billion
Albany International (NYSE:AIN) Frequently Asked Questions
What is Albany International's stock symbol?
Albany International trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIN."
How often does Albany International pay dividends? What is the dividend yield for Albany International?
Albany International announced a quarterly dividend on Friday, May 11th. Shareholders of record on Thursday, June 7th will be paid a dividend of $0.17 per share on Monday, July 9th. This represents a $0.68 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date is Wednesday, June 6th. View Albany International's Dividend History.
How were Albany International's earnings last quarter?
Albany International Corp. (NYSE:AIN) announced its quarterly earnings data on Monday, August, 6th. The textile maker reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.28. The textile maker had revenue of $256.23 million for the quarter, compared to analysts' expectations of $233.50 million. Albany International had a return on equity of 13.03% and a net margin of 6.38%. During the same period in the prior year, the firm posted $0.48 earnings per share. View Albany International's Earnings History.
When is Albany International's next earnings date?
What price target have analysts set for AIN?
1 Wall Street analysts have issued twelve-month price targets for Albany International's stock. Their forecasts range from $64.00 to $64.00. On average, they anticipate Albany International's share price to reach $64.00 in the next twelve months. This suggests that the stock has a possible downside of 16.4%. View Analyst Price Targets for Albany International.
What is the consensus analysts' recommendation for Albany International?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Albany International.
Who are some of Albany International's key competitors?
Some companies that are related to Albany International include Avery Dennison (AVY), ASAHI GLASS/ADR (ASGLY), AB SKF (SKFRY), Zebra Technologies (ZBRA), Alcoa (AA), HD Supply (HDS), Graco (GGG), Fortune Brands Home & Security (FBHS), Allegion (ALLE), Nordson (NDSN), Alstom (ALO), Pentair (PNR), KION Grp AG/ADR (KIGRY), GEA Group Aktiengesellschaft (GEAGY) and Halma (HLMAF).
Who are Albany International's key executives?
Albany International's management team includes the folowing people:
- Dr. Joseph G. Morone, Pres, CEO & Exec. Director (Age 65)
- Mr. John B. Cozzolino, CFO & Treasurer (Age 52)
- Mr. Robert A. Hansen, Sr. VP & CTO (Age 61)
- Mr. Daniel A. Halftermeyer, Pres of Machine Clothing (Age 57)
- Mr. Olivier M. Jarrault, CEO, Pres & Director (Age 57)
Has Albany International been receiving favorable news coverage?
Media stories about AIN stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Albany International earned a news impact score of 0.14 on Accern's scale. They also assigned media stories about the textile maker an impact score of 47.03 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for Albany International.
Who are Albany International's major shareholders?
Albany International's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.38%), Dimensional Fund Advisors LP (4.68%), Brown Advisory Inc. (4.65%), Earnest Partners LLC (4.51%), Renaissance Technologies LLC (1.95%) and Bank of New York Mellon Corp (1.36%). Company insiders that own Albany International stock include Daniel A Halftermeyer and Robert Alan Hansen. View Institutional Ownership Trends for Albany International.
Which institutional investors are selling Albany International stock?
AIN stock was sold by a variety of institutional investors in the last quarter, including United Services Automobile Association, Aristotle Capital Boston LLC, Renaissance Technologies LLC, Rice Hall James & Associates LLC, Tower Research Capital LLC TRC , BNP Paribas Arbitrage SA, Dimensional Fund Advisors LP and Bank of New York Mellon Corp. View Insider Buying and Selling for Albany International.
Which institutional investors are buying Albany International stock?
AIN stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Sei Investments Co., Bank of America Corp DE, Pembroke Management LTD, Mesirow Financial Investment Management Equity Management, Engineers Gate Manager LP, Citadel Advisors LLC and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Albany International.
How do I buy shares of Albany International?
Shares of AIN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Albany International's stock price today?
One share of AIN stock can currently be purchased for approximately $76.60.
How big of a company is Albany International?
Albany International has a market capitalization of $2.45 billion and generates $863.72 million in revenue each year. The textile maker earns $33.11 million in net income (profit) each year or $1.61 on an earnings per share basis. Albany International employs 4,400 workers across the globe.
How can I contact Albany International?
Albany International's mailing address is 216 AIRPORT DRIVE, ROCHESTER NH, 03867. The textile maker can be reached via phone at 518-445-2200 or via email at [email protected]
MarketBeat Community Rating for Albany International (NYSE AIN)
MarketBeat's community ratings are surveys of what our community members think about Albany International and other stocks. Vote "Outperform" if you believe AIN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIN will underperform the S&P 500 over the long term. You may vote once every thirty days.
