NYSE:AIN - Albany International Stock Price, News & Analysis

$78.74
-3.17 (-3.87 %)
(As of 08/25/2019 10:15 AM ET)
Today's Range
$78.45
Now: $78.74
$82.32
50-Day Range
$78.28
MA: $81.38
$85.44
52-Week Range
$58.06
Now: $78.74
$86.96
Volume196,887 shs
Average Volume194,117 shs
Market Capitalization$2.54 billion
P/E Ratio24.45
Dividend Yield0.88%
Beta1.7
Albany International Corp. engages in the textile and materials processing businesses. The company operates in 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, and dryer fabrics, as well as 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. Read More…

Industry, Sector and Symbol

Industry Broadwoven fabric mills, manmade
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP01234810
Phone603-330-5850

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$982.48 million
Cash Flow$4.8248 per share
Book Value$20.17 per share

Profitability

Net Income$82.89 million

Miscellaneous

Employees4,400
Market Cap$2.54 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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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 10th. Investors of record on Friday, June 7th will be given a dividend of $0.18 per share on Monday, July 8th. This represents a $0.72 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date is Thursday, June 6th. View Albany International's Dividend History.

How were Albany International's earnings last quarter?

Albany International Corp. (NYSE:AIN) released its quarterly earnings results on Tuesday, July, 30th. The textile maker reported $1.09 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.85 by $0.24. The textile maker earned $273.95 million during the quarter, compared to analyst estimates of $267.75 million. Albany International had a net margin of 10.59% and a return on equity of 17.42%. View Albany International's Earnings History.

When is Albany International's next earnings date?

Albany International is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Albany International.

What price target have analysts set for AIN?

5 analysts have issued twelve-month price objectives for Albany International's stock. Their forecasts range from $77.00 to $93.00. On average, they anticipate Albany International's stock price to reach $86.25 in the next year. This suggests a possible upside of 9.5% from the stock's current price. View Analyst Price Targets for Albany International.

What is the consensus analysts' recommendation for Albany International?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Albany International.

Has Albany International been receiving favorable news coverage?

News articles about AIN stock have trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Albany International earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave news stories about the textile maker a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for Albany International.

Are investors shorting Albany International?

Albany International saw a increase in short interest in the month of July. As of July 15th, there was short interest totalling 568,900 shares, an increase of 39.9% from the June 15th total of 406,700 shares. Based on an average daily trading volume, of 213,700 shares, the short-interest ratio is currently 2.7 days. Approximately 2.0% of the shares of the stock are sold short. View Albany International's Current Options Chain.

Who are some of Albany International's key competitors?

What other stocks do shareholders of Albany International own?

Who are Albany International's key executives?

Albany International's management team includes the folowing people:
  • Mr. Olivier M. Jarrault, CEO & Pres (Age 58)
  • Mr. Robert A. Hansen, Sr. VP & CTO (Age 62)
  • Mr. Charles J. Silva Jr., VP, Gen. Counsel & Sec. (Age 60)
  • Mr. Daniel A. Halftermeyer, Pres of Machine Clothing (Age 58)
  • Mr. Stephen M. Nolan, CFO & Treasurer (Age 50)

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. (14.19%), BlackRock Inc. (14.19%), Vanguard Group Inc. (10.02%), Earnest Partners LLC (4.46%), TimesSquare Capital Management LLC (4.13%) and Invesco Ltd. (2.55%). Company insiders that own Albany International stock include Christine L Standish, Dawne H Wimbrow and Robert Alan Hansen. View Institutional Ownership Trends for Albany International.

Which major investors are selling Albany International stock?

AIN stock was sold by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Westwood Holdings Group Inc., Granite Investment Partners LLC, Mackenzie Financial Corp, Mackenzie Financial Corp, United Services Automobile Association, SG Americas Securities LLC and Canada Pension Plan Investment Board. Company insiders that have sold Albany International company stock in the last year include Christine L Standish and Robert Alan Hansen. View Insider Buying and Selling for Albany International.

Which major investors are buying Albany International stock?

AIN stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Conestoga Capital Advisors LLC, BlackRock Inc., BlackRock Inc., Copper Rock Capital Partners LLC, Nuveen Asset Management LLC, Morgan Stanley and TimesSquare Capital Management LLC. 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 $78.74.

How big of a company is Albany International?

Albany International has a market capitalization of $2.54 billion and generates $982.48 million in revenue each year. The textile maker earns $82.89 million in net income (profit) each year or $2.57 on an earnings per share basis. Albany International employs 4,400 workers across the globe.View Additional Information About Albany International.

What is Albany International's official website?

The official website for Albany International is http://www.albint.com/.

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 (NYSE AIN)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  160 (Vote Outperform)
Underperform Votes:  184 (Vote Underperform)
Total Votes:  344
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.
This page was last updated on 8/25/2019 by MarketBeat.com Staff

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