NYSE:AINAlbany International Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Albany International Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $51.89 +0.74 (+1.45 %) (As of 07/10/2020 04:00 PM ET) Add Compare Share Today's Range$51.34Now: $51.89▼$52.7150-Day Range$51.15MA: $59.33▼$71.3552-Week Range$30.46Now: $51.89▼$92.04Volume629,439 shsAverage Volume278,417 shsMarket Capitalization$1.68 billionP/E Ratio14.95Dividend Yield1.49%Beta1.55 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. This segment sells its products directly to end-user customers. The AEC segment designs, develops, and manufactures composite structures primarily to customers in the commercial and defense aerospace industry. The company operates in the United States, Switzerland, France, Brazil, China, Mexico, and internationally. Albany International Corp. was founded in 1895 and is headquartered in Rochester, New Hampshire.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingAlbany International has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $67.83, Albany International has a potential upside of 30.7% from its current price of $51.89.Amount of Analyst CoverageAlbany International has only been the subject of 4 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesAlbany International has received 208 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAlbany International has received 244 “underperform” votes. (Add your “underperform” vote.)Community SentimentAlbany International has received 53.98% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldAlbany International has a dividend yield of 1.49%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthAlbany International has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Albany International is 18.49%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Albany International will have a dividend payout ratio of 24.52% next year. This indicates that Albany International will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Albany International insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.73% of the stock of Albany International is held by insiders.Percentage Held by Institutions92.73% of the stock of Albany International is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Albany International are expected to grow by 9.54% in the coming year, from $2.83 to $3.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Albany International is 14.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Albany International is 14.95, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.69.Price to Book Value per Share RatioAlbany International has a P/B Ratio of 2.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.01 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Broadwoven fabric mills, manmade Sub-IndustryIndustrial Machinery SectorIndustrial Products Current SymbolNYSE:AIN Previous Symbol CUSIP01234810 CIK819793 Webwww.albint.com Phone603-330-5850Debt Debt-to-Equity Ratio0.73 Current Ratio3.76 Quick Ratio3.13Price-To-Earnings Trailing P/E Ratio14.95 Forward P/E Ratio18.34 P/E GrowthN/A Sales & Book Value Annual Sales$1.05 billion Price / Sales1.59 Cash Flow$6.20 per share Price / Cash Flow8.37 Book Value$21.75 per share Price / Book2.39Profitability EPS (Most Recent Fiscal Year)$4.11 Net Income$132.40 million Net Margins10.81% Return on Equity19.36% Return on Assets8.93%Miscellaneous Employees4,600 Outstanding Shares32,300,000Market Cap$1.68 billion Next Earnings Date7/29/2020 (Confirmed) OptionableOptionable AIN Rates by TradingView Receive AIN News and Ratings via Email Sign-up to receive the latest news and ratings for AIN and its competitors with MarketBeat's FREE daily newsletter. Albany International (NYSE:AIN) Frequently Asked Questions How has Albany International's stock been impacted by COVID-19 (Coronavirus)? Albany International's stock was trading at $57.70 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AIN shares have decreased by 10.1% and is now trading at $51.89. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Albany International? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Albany International. When is Albany International's next earnings date? Albany International is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Albany International. How can I listen to Albany International's earnings call? Albany International will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Albany International's earnings last quarter? Albany International Corp. (NYSE:AIN) posted its quarterly earnings results on Wednesday, April, 29th. The textile maker reported $0.78 EPS for the quarter, topping the consensus estimate of $0.61 by $0.17. The textile maker earned $235.76 million during the quarter, compared to analyst estimates of $224.25 million. Albany International had a return on equity of 19.36% and a net margin of 10.81%. View Albany International's earnings history. How often does Albany International pay dividends? What is the dividend yield for Albany International? Albany International declared a quarterly dividend on Friday, May 15th. Shareholders of record on Friday, June 5th will be paid a dividend of $0.19 per share on Friday, July 10th. This represents a $0.76 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend is Thursday, June 4th. View Albany International's dividend history. What price target have analysts set for AIN? 7 brokers have issued 1-year target prices for Albany International's stock. Their forecasts range from $41.00 to $91.00. On average, they anticipate Albany International's stock price to reach $67.83 in the next twelve months. This suggests a possible upside of 30.7% from the stock's current price. View analysts' price targets for Albany International. Has Albany International been receiving favorable news coverage? News headlines about AIN stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Albany International earned a coverage optimism score of -1.8 on InfoTrie's scale. They also gave media stories about the textile maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Albany International. Who are some of Albany International's key competitors? Some companies that are related to Albany International include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), IDEX (IEX), Xylem (XYL), Ingersoll-Rand (IR), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Donaldson (DCI), Gardner Denver (GDI), Lincoln Electric (LECO) and ITT (ITT). View all competitors. What other stocks do shareholders of Albany International own? Based on aggregate information from My MarketBeat watchlists, some companies that other Albany International investors own include AbbVie (ABBV), AT&T (T), Bank of America (BAC), salesforce.com (CRM), Enterprise Products Partners (EPD), Home Depot (HD), Marvell Technology Group (MRVL), NVIDIA (NVDA), Starbucks (SBUX) and Arrowhead Pharmaceuticals (ARWR). Who are Albany International's key executives? Albany International's management team includes the following 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) What is Albany International's stock symbol? Albany International trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIN." Who are Albany International's major shareholders? Albany International's stock is owned by a variety of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.18%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.04%) and Diversified Trust Co (0.01%). 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 buying Albany International stock? AIN stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC, and Diversified Trust Co. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Albany International's stock price today? One share of AIN stock can currently be purchased for approximately $51.89. How big of a company is Albany International? Albany International has a market capitalization of $1.68 billion and generates $1.05 billion in revenue each year. The textile maker earns $132.40 million in net income (profit) each year or $4.11 on an earnings per share basis. Albany International employs 4,600 workers across the globe. What is Albany International's official website? The official website for Albany International is 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] This page was last updated on 7/11/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
