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

Albany International trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIN."

Albany International declared a quarterly dividend on Friday, December 13th. Shareholders 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 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend is Friday, December 20th. This is an increase from Albany International's previous quarterly dividend of $0.18. View Albany International's Dividend History.

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

Albany International is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Albany International.

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.

7 brokerages have issued 1-year price targets for Albany International's shares. Their forecasts range from $76.00 to $99.00. On average, they expect Albany International's stock 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.

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.

News articles about AIN stock have trended very positive this week, InfoTrie reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Albany International earned a news impact score of 3.1 on InfoTrie's scale. They also assigned news articles about the textile maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Albany International.

Albany International saw a increase in short interest in 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 trading volume of 212,400 shares, the short-interest ratio is presently 2.0 days. Approximately 1.4% of the shares of the company are sold short. View Albany International's Current Options Chain.

Some companies that are related to Albany International include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Gardner Denver (GDI), Woodward, Inc.Common Stock (WWD), Pentair (PNR), Donaldson (DCI) and Middleby (MIDD).

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).

Albany International's stock is owned by a number of of institutional and retail investors. Top institutional investors 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.

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.

AIN stock was purchased 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.

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.

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

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.

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

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]