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

$74.29
-0.34 (-0.46 %)
(As of 02/23/2020 03:05 PM ET)
Today's Range
$73.81
Now: $74.29
$74.53
50-Day Range
$69.77
MA: $74.54
$79.36
52-Week Range
$68.86
Now: $74.29
$92.04
Volume186,043 shs
Average Volume212,682 shs
Market Capitalization$2.40 billion
P/E Ratio18.16
Dividend Yield1.02%
Beta1.6
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$1.05 billion
Cash Flow$6.28 per share
Book Value$21.75 per share

Profitability

Net Income$132.40 million

Miscellaneous

Employees4,400
Market Cap$2.40 billion
Next Earnings Date5/5/2020 (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 declared a quarterly dividend on Friday, December 13th. Investors of record on Monday, December 23rd will be given a dividend of $0.19 per share on Wednesday, January 8th. This represents a $0.76 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date is Friday, December 20th. This is a positive change from Albany International's previous quarterly dividend of $0.18. View Albany International's Dividend History.

How were Albany International's earnings last quarter?

Albany International Corp. (NYSE:AIN) posted its earnings results on Monday, February, 10th. The textile maker reported $0.97 earnings per share for the quarter, beating analysts' consensus estimates of $0.79 by $0.18. The textile maker earned $257.68 million during the quarter, compared to analyst estimates of $255.28 million. Albany International had a net margin of 12.56% and a return on equity of 20.13%. 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, May 5th 2020. View Earnings Estimates for Albany International.

What guidance has Albany International issued on next quarter's earnings?

Albany International updated its FY 2020 After-Hours earnings guidance on Monday, February, 10th. The company provided earnings per share guidance of 2.75-3.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.87. The company issued revenue guidance of $970M - 1.01 billion, compared to the consensus revenue estimate of $1.08 billion.

What price target have analysts set for AIN?

7 analysts have issued 1-year price objectives for Albany International's stock. Their forecasts range from $76.00 to $99.00. On average, they expect Albany International's share price to reach $85.33 in the next twelve months. This suggests a possible upside of 14.9% from the stock's current price. View Analyst Price Targets for Albany International.

What is the consensus analysts' recommendation for Albany International?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last year. There are currently 6 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?

Media stories about AIN stock have trended negative on Sunday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Albany International earned a news impact score of -2.4 on InfoTrie's scale. They also gave news stories about the textile maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Albany International.

Are investors shorting Albany International?

Albany International saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 415,900 shares, an increase of 19.7% from the January 15th total of 347,400 shares. Based on an average daily trading volume, of 212,400 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.4% of the shares of the company are short sold. 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Albany International investors own include AbbVie (ABBV), AT&T (T), Marvell Technology Group (MRVL), NVIDIA (NVDA), Starbucks (SBUX), Bank of America (BAC), salesforce.com (CRM), Enterprise Products Partners (EPD), Home Depot (HD) and Arrowhead Pharmaceuticals (ARWR).

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 many different of retail and institutional investors. Top institutional shareholders include Earnest Partners LLC (4.70%), State Street Corp (2.76%), Conestoga Capital Advisors LLC (2.67%), Loomis Sayles & Co. L P (2.41%), Principal Financial Group Inc. (2.28%) and Victory Capital Management Inc. (2.11%). 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 Cramer Rosenthal Mcglynn LLC, Vaughan Nelson Investment Management L.P., Renaissance Technologies LLC, Amundi Pioneer Asset Management Inc., Moody Aldrich Partners LLC, Bank of New York Mellon Corp, William Blair Investment Management LLC and NWQ Investment Management Company LLC. 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 acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Man Group plc, Earnest Partners LLC, Panagora Asset Management Inc., Eagle Asset Management Inc., SG Americas Securities LLC and Marshall Wace LLP. 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, Robinhood, Fidelity and Charles Schwab.

What is Albany International's stock price today?

One share of AIN stock can currently be purchased for approximately $74.29.

How big of a company is Albany International?

Albany International has a market capitalization of $2.40 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 4,400 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:  194 (Vote Outperform)
Underperform Votes:  230 (Vote Underperform)
Total Votes:  424
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 2/23/2020 by MarketBeat.com Staff

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