About Albany International (NYSE:AIN)
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
Industry IND PRODS/SVC
Trailing P/E Ratio69.2194710361566
Forward P/E Ratio32.57
Sales & Book Value
Annual Sales$863.72 million
Price / Sales2.48
Cash Flow$3.95 per share
Price / Cash16.82
Book Value$17.80 per share
Price / Book3.73
Net Income$33.11 million
Return on Equity9.43%
Return on Assets3.94%
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, February 23rd. Shareholders of record on Monday, March 19th will be paid a dividend of $0.17 per share on Friday, April 6th. This represents a $0.68 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date is Friday, March 16th. View Albany International's Dividend History.
How were Albany International's earnings last quarter?
Albany International Corp. (NYSE:AIN) issued its quarterly earnings results on Monday, February, 5th. The textile maker reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.01. The textile maker earned $226.73 million during the quarter, compared to analysts' expectations of $219 million. Albany International had a net margin of 3.58% and a return on equity of 9.43%. View Albany International's Earnings History.
When will Albany International make its next earnings announcement?
Where is Albany International's stock going? Where will Albany International's stock price be in 2018?
1 analysts have issued 12-month price targets for Albany International's shares. Their predictions 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. View Analyst Ratings for Albany International.
Who are some of Albany International's key competitors?
Some companies that are related to Albany International include Proto Labs (PRLB), Belden (BDC), UniFirst (UNF), MSA Safety (MSA), SiteOne Landscape Supply (SITE), Aggreko (ARGKF), Horiba (HRIBF), Axon Enterprise (AAXN), Brady (BRC), AlarmCom (ALRM), Harsco (HSC), General Cable (BGC), Multi-Color (LABL), ACCO Brands (ACCO), Quad/Graphics (QUAD), ForeScout Technologies (FSCT), Atkore International Group (ATKR) and Encore Wire (WIRE).
Who are Albany International's key executives?
Albany International's management team includes the folowing people:
- Erland E. Kailbourne, Independent Chairman of the Board (Age 75)
- Olivier M. Jarrault, President, Chief Executive Officer, Director (Age 56)
- John C. Standish, Independent Vice Chairman of the Board (Age 53)
- John B. Cozzolino, Chief Financial Officer, Treasurer (Age 50)
- Daniel A. Halftermeyer, President – Machine Clothing (Age 55)
- Robert Alan Hansen, Senior Vice President, Chief Technology Officer (Age 59)
- Dawne H. Wimbrow, Vice President - Global Information Services, Chief Information Officer (Age 59)
- Charles J. Silva Jr., Vice President, General Counsel, Secretary (Age 57)
- David M. Pawlick, Vice President, Controller (Age 55)
- Joseph M. Gaug, Associate General Counsel, Assistant Secretary (Age 53)
Has Albany International been receiving favorable news coverage?
News headlines about AIN stock have been trending somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Albany International earned a news impact score of 0.11 on Accern's scale. They also assigned news coverage about the textile maker an impact score of 46.50 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are Albany International's major shareholders?
Albany International's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.18%), Brown Advisory Inc. (4.90%), Earnest Partners LLC (4.40%), NWQ Investment Management Company LLC (4.20%), TimesSquare Capital Management LLC (3.44%) and Westwood Holdings Group Inc. (2.42%). 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 TimesSquare Capital Management LLC, Brown Advisory Inc., Renaissance Technologies LLC, NWQ Investment Management Company LLC, Rice Hall James & Associates LLC, Mesirow Financial Investment Management Equity Management, Granite Investment Partners LLC 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 Earnest Partners LLC, Tygh Capital Management Inc., Assenagon Asset Management S.A., Sei Investments Co., Deutsche Bank AG, Arizona State Retirement System, Goldman Sachs Group Inc. and Wells Fargo & Company MN. 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 $66.45.
How big of a company is Albany International?
Albany International has a market capitalization of $2.15 billion and generates $863.72 million in revenue each year. The textile maker earns $33.11 million in net income (profit) each year or $0.96 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 603-330-5850 or via email at [email protected]
MarketBeat Community Rating for Albany International (AIN)MarketBeat's community ratings are surveys of what our community members think about Albany International and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Albany International (NYSE:AIN) Earnings History and Estimates Chart
Albany International (NYSE AIN) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/5/2018||Q4 2017||$0.42||$0.43||$219.00 million||$226.73 million||View||N/A|
|10/30/2017||Q3 2017||$0.42||$0.57||$222.14 million||View||N/A|
|8/1/2017||Q2 2017||$0.52||$0.16||$215.57 million||View||Listen|
|5/4/2017||Q1 2017||$0.46||$199.28 million||View||N/A|
|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|
|5/4/2015||Q1 2015||$0.43||$0.45||$188.10 million||$181.32 million||View||N/A|
|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|
|5/5/2014||Q1 2014||$0.43||$0.37||$180.31 million||View||N/A|
|2/11/2014||Q4||$0.35||$0.35||$186.67 million||$189.60 million||View||Listen|
|11/4/2013||Q3 2013||$0.38||$0.28||$196.45 million||$183.15 million||View||N/A|
|7/31/2013||Q2 2013||$0.39||$0.30||$193.85 million||$197.97 million||View||N/A|
|5/1/2013||Q1 2013||$0.30||$0.30||$185.11 million||$186.65 million||View||N/A|
Albany International (NYSE:AIN) Earnings Estimates
Current Year EPS Consensus Estimate: $2.04 EPS
Next Year EPS Consensus Estimate: $2.69 EPS
Albany International (NYSE:AIN) Dividend Information
|Dividend Growth:||3.10% (3 Year Average)|
|Payout Ratio:||70.83% (Trailing 12 Months of Earnings) |
33.33% (Based on This Year's Estimates)
25.28% (Based on Next Year's Estimates)
Albany International (NYSE:AIN) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Albany International (NYSE AIN) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 11.63%
Institutional Ownership Percentage: 89.88%
Albany International (NYSE AIN) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|8/8/2017||Daniel A Halftermeyer||Insider||Sell||17,300||$53.29||$921,917.00||66,377|| |
|8/30/2016||Robert Alan Hansen||Insider||Sell||4,122||$42.89||$176,792.58||8,063|| |
|5/10/2016||Daniel A Halftermeyer||Insider||Sell||4,000||$38.57||$154,280.00||59,265|| |
|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||10,352|| |
|11/22/2013||Robert Alan Hansen||SVP||Sell||3,119||$35.46||$110,599.74||9,939|| |
|8/21/2013||Joseph Gaug||Insider||Sell||1,179||$33.45||$39,437.55||1,000|| |
|5/24/2013||John C Standish||Director||Sell||7,620||$31.90||$243,078.00|| |
Albany International (NYSE AIN) News Headlines
Albany International (NYSE:AIN) SEC Filings
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Albany International (NYSE:AIN) Income Statement, Balance Sheet and Cash Flow Statement
Albany International (NYSE AIN) Stock Chart for Tuesday, March, 20, 2018