Albany International Corp. engages in textiles and materials processing. It operates through the Machine Clothing and Albany Engineered Composites segments. The Machine Clothing segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, pulp, nonwovens, fiber cement, and several other industrial applications. The Engineered Composites segment provides engineered, advanced composite structures based on proprietary technology to customers in the aerospace and defense industries. The company was founded on March 8, 1895 and is headquartered in Rochester, NH.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Broadwoven fabric mills, manmade
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNYSE:AIN
CUSIP01234810
Phone603-330-5850
Debt
Debt-to-Equity Ratio0.88
Current Ratio2.99
Quick Ratio2.49
Price-To-Earnings
Trailing P/E Ratio48.57
Forward P/E Ratio30.91
P/E GrowthN/A
Sales & Book Value
Annual Sales$863.72 million
Price / Sales2.92
Cash Flow$3.9435 per share
Price / Cash19.83
Book Value$17.80 per share
Price / Book4.39
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$2.54 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 Thursday, August 30th. Stockholders of record on Monday, September 10th will be paid a dividend of $0.17 per share on Friday, October 5th. This represents a $0.68 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend is Friday, September 7th. 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 for the quarter, beating the consensus estimate of $0.54 by $0.28. The textile maker earned $256.23 million during 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 quarter in the prior year, the business earned $0.48 EPS. View Albany International's Earnings History.
When is Albany International's next earnings date?
What price target have analysts set for AIN?
2 equities research analysts have issued 12-month price objectives for Albany International's stock. Their forecasts range from $64.00 to $64.00. On average, they expect Albany International's stock price to reach $64.00 in the next year. This suggests that the stock has a possible downside of 18.2%. View Analyst Price Targets for Albany International.
What is the consensus analysts' recommendation for Albany International?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last year. There are currently 2 hold ratings 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 James Hardie Industries (JHX), Snc-Lavalin Group (SNC), Avery Dennison (AVY), ASAHI GLASS/ADR (ASGLY), Zebra Technologies (ZBRA), AB SKF (SKFRY), Allegion (ALLE), Nordson (NDSN), Alcoa (AA), Graco (GGG), Pentair (PNR), Fortune Brands Home & Security (FBHS), HD Supply (HDS), Alstom (ALO) and Donaldson (DCI).
Who are Albany International's key executives?
Albany International's management team includes the folowing people:
- Olivier M. Jarrault, President, Chief Executive Officer & Director
- John B. Cozzolino, Chief Financial Officer & Treasurer
- Robert Alan Hansen, Chief Technology Officer & Senior Vice President
- Dawne H. Wimbrow, Chief Information Officer & Vice President
- Charles Joseph Silva, Secretary, Vice President & General Counsel
Who are Albany International's major shareholders?
Albany International's stock is owned by a number of of institutional and retail 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, 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 United Services Automobile Association, Aristotle Capital Boston LLC, WINTON GROUP Ltd, Granahan Investment Management Inc. MA, Renaissance Technologies LLC, Rice Hall James & Associates LLC, Tower Research Capital LLC TRC and BNP Paribas Arbitrage SA. Company insiders that have sold Albany International company stock in the last year include Dawne H Wimbrow and Robert Alan Hansen. View Insider Buying and Selling for Albany International.
Which major investors are buying Albany International stock?
AIN stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Sei Investments Co., Bank of America Corp DE, Pembroke Management LTD, Moody Aldrich Partners LLC, Northern Trust Corp, Mesirow Financial Investment Management Equity Management and Engineers Gate Manager LP. 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 $78.20.
How big of a company is Albany International?
Albany International has a market capitalization of $2.54 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.
What is Albany International's official website?
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)
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.
