Albany International Corp. is focused on textiles and materials processing business. The Company operates through two segments: Machine Clothing and Albany Engineered Composites. The Company's Machine Clothing segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, nonwovens, fiber cement and various other industrial applications. The Machine Clothing segment also supplies customized, consumable fabrics used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and tannery and textile industries. Its Albany Engineered Composites segment includes Albany Safran Composites, LLC (ASC), in which its customer SAFRAN Group owns interest and provides engineered composite structures based on its technology to customers in the aerospace and defense industries.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Fabric Dyeing & Finishing
- Sub-Industry: Industrial Machinery
- Symbol: NYSE:AIN
- CUSIP: 01234810
- Web: www.albint.com
Capitalization:- Market Cap: $1.81 billion
- Outstanding Shares: 32,099,000
Average Prices:- 50 Day Moving Avg: $52.48
- 200 Day Moving Avg: $49.78
- 52 Week Range: $37.00 - $56.50
P/E:- Trailing P/E Ratio: 44.29
- Foreward P/E Ratio: 23.83
- P/E Growth: 1.96
Sales & Book Value:- Annual Revenue: $819.17 million
- Price / Sales: 2.20
- Book Value: $16.72 per share
- Price / Book: 3.36
Dividend:- Annual Dividend: $0.68
- Dividend Yield: 1.2%
Profitability:- EBIDTA: $159.88 million
- Net Margins: 4.98%
- Return on Equity: 8.42%
- Return on Assets: 3.48%
Debt:- Debt-to-Equity Ratio: 0.82%
- Current Ratio: 2.47%
- Quick Ratio: 1.72%
Misc:- Average Volume: 134,069 shs.
- Beta: 1.69
- Short Ratio: 4.8
Frequently Asked Questions for Albany International Corporation (NYSE:AIN)
What is Albany International Corporation's stock symbol?
Albany International Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIN."
How often does Albany International Corporation pay dividends? What is the dividend yield for Albany International Corporation?
Albany International Corporation announced a quarterly dividend on Thursday, August 31st. Shareholders of record on Monday, September 11th will be paid a dividend of $0.17 per share on Friday, October 6th. This represents a $0.68 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend is Friday, September 8th. View Albany International Corporation's Dividend History.
How were Albany International Corporation's earnings last quarter?
Albany International Corporation (NYSE:AIN) announced its earnings results on Tuesday, August, 1st. The company reported $0.16 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.52 by $0.36. The company earned $215.57 million during the quarter. Albany International Corporation had a net margin of 4.98% and a return on equity of 8.42%. View Albany International Corporation's Earnings History.
When will Albany International Corporation make its next earnings announcement?
Where is Albany International Corporation's stock going? Where will Albany International Corporation's stock price be in 2017?
1 analysts have issued twelve-month price objectives for Albany International Corporation's shares. Their predictions range from $52.00 to $52.00. On average, they expect Albany International Corporation's share price to reach $52.00 in the next twelve months. View Analyst Ratings for Albany International Corporation.
Who are some of Albany International Corporation's key competitors?
Some companies that are related to Albany International Corporation include Valmont Industries (VMI), Regal Beloit Corporation (RBC), Belden (BDC), Worthington Industries (WOR), Silgan Holdings (SLGN), Kennametal (KMT), Manitowoc Food Service (WBT), Cimpress N.V (CMPR), Aggreko PLC (ARGKF), John Bean Technologies Corporation (JBT), Enersys (ENS), MSA Safety Incorporporated (MSA), Unifirst Corporation (UNF), Greif Bros. Corporation (GEF), Rexnord Corporation (RXN), II-VI Incorporated (IIVI), Tetra Tech (TTEK) and Applied Industrial Technologies (AIT).
Who are Albany International Corporation's key executives?
Albany International Corporation's management team includes the folowing people:
- Erland E. Kailbourne, Independent Chairman of the Board
- Joseph G. Morone, President, Chief Executive Officer, Director
- John C. Standish, Independent Vice Chairman of the Board
- John B. Cozzolino, Chief Financial Officer, Treasurer
- Daniel A. Halftermeyer, President – Machine Clothing
- Diane M. Loudon, President - Albany Engineered Composites
- Robert Alan Hansen, Senior Vice President, Chief Technology Officer
- Dawne H. Wimbrow, Vice President - Global Information Services, Chief Information Officer
- Charles J. Silva Jr., Vice President, General Counsel, Secretary
- David M. Pawlick, Vice President, Controller
Who owns Albany International Corporation stock?
Albany International Corporation's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.88%), Vanguard Group Inc. (8.02%), Dimensional Fund Advisors LP (4.76%), TimesSquare Capital Management LLC (4.74%), Earnest Partners LLC (3.56%) and Renaissance Technologies LLC (2.55%). Company insiders that own Albany International Corporation stock include Daniel A Halftermeyer and Robert Alan Hansen. View Institutional Ownership Trends for Albany International Corporation.
Who sold Albany International Corporation stock? Who is selling Albany International Corporation stock?
Albany International Corporation's stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., TimesSquare Capital Management LLC, TIAA CREF Investment Management LLC, Renaissance Technologies LLC, Ameriprise Financial Inc., Nationwide Fund Advisors and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Albany International Corporation.
Who bought Albany International Corporation stock? Who is buying Albany International Corporation stock?
Albany International Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., Vaughan Nelson Investment Management L.P., Mesirow Financial Investment Management Equity Management, Bradley Foster & Sargent Inc. CT, Dimensional Fund Advisors LP, Thrivent Financial For Lutherans, PDT Partners LLC and William Blair Investment Management LLC. View Insider Buying and Selling for Albany International Corporation.
How do I buy Albany International Corporation stock?
Shares of Albany International Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Albany International Corporation's stock price today?
One share of Albany International Corporation stock can currently be purchased for approximately $56.25.
MarketBeat Community Rating for Albany International Corporation (NYSE AIN)MarketBeat's community ratings are surveys of what our community members think about Albany International Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Albany International Corporation (NYSE:AIN) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $52.00 (7.56% downside) |
Analysts' Ratings History for Albany International Corporation (NYSE:AIN)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 12/21/2016 | Sidoti | Downgrade | Buy -> Neutral | | N/A |  |
| 12/9/2015 | Macquarie | Boost Price Target | Outperform | $41.00 -> $43.00 | N/A | |
(Data available from 9/25/2015 forward)
Earnings History for Albany International Corporation (NYSE:AIN)Earnings History by Quarter for Albany International Corporation (NYSE AIN)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/30/2017 | | $0.42 | | | | | N/A | |
| 8/1/2017 | Q2 2017 | $0.52 | $0.16 | | $215.57 million | View | Listen | |
| 2/8/2017 | Q416 | $0.44 | $0.36 | $190.81 million | $216.00 million | View | Listen | |
| 10/31/2016 | Q3 | $0.40 | $0.41 | $197.80 million | $191.30 million | View | Listen | |
| 8/1/2016 | Q216 | $0.48 | $0.48 | $196.47 million | $203.20 million | View | Listen | |
| 5/2/2016 | Q116 | $0.52 | $0.46 | $178.46 million | $172.30 million | View | Listen | |
| 2/8/2016 | Q415 | $0.34 | $0.46 | $185.36 million | $177.50 million | View | Listen | |
| 10/27/2015 | Q315 | $0.36 | $0.47 | $180.41 million | $178.80 million | View | Listen | |
| 8/4/2015 | Q2 | $0.47 | $0.29 | $194.00 million | $172.30 million | View | Listen | |
| 2/9/2015 | Q414 | $0.39 | $0.35 | $197.10 million | $191.70 million | View | Listen | |
| 11/3/2014 | Q3 | $0.36 | $0.37 | $189.30 million | $179.90 million | View | Listen | |
| 8/4/2014 | Q2 | $0.44 | $0.39 | $194.03 million | $193.50 million | View | Listen | |
| 2/11/2014 | Q4 | $0.35 | $0.35 | $186.67 million | $189.60 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Albany International Corporation (NYSE:AIN)Current Year EPS Consensus Estimate: $1.90 EPS
Next Year EPS Consensus Estimate: $2.36 EPS
Current Dividend Information for Albany International Corporation (NYSE:AIN)| Next Dividend: | 10/6/2017 |
| Annual Dividend: | $0.68 |
| Dividend Yield: | 1.21% |
| Dividend Growth: | 15.60% (3 Year Average) |
| Payout Ratio: | 53.54% (Trailing 12 Months of Earnings)
35.79% (Based on This Year's Estimates)
28.81% (Based on Next Year's Estimates)
|
| Track Record: | 6 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Albany International Corporation (NYSE AIN)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/31/2017 | quarterly | $0.17 | 1.26% | 9/8/2017 | 9/11/2017 | 10/6/2017 |
| 5/15/2017 | quarterly | $0.17 | 1.46% | 6/5/2017 | 6/7/2017 | 7/10/2017 |
| 2/24/2017 | quarterly | $0.17 | 1.45% | 3/16/2017 | 3/20/2017 | 4/7/2017 |
| 12/16/2016 | quarterly | $0.17 | 1.45% | 12/22/2016 | 12/27/2016 | 1/9/2017 |
| 9/9/2016 | quarterly | $0.17 | | 9/16/2016 | 9/20/2016 | 10/7/2016 |
| 5/13/2016 | quarterly | $0.17 | | 6/3/2016 | 6/7/2016 | 7/8/2016 |
| 2/26/2016 | quarterly | $0.17 | | 3/17/2016 | 3/21/2016 | 4/7/2016 |
| 12/11/2015 | quarterly | $0.17 | | 12/18/2015 | 12/22/2015 | 1/8/2016 |
| 9/3/2015 | quarterly | $0.17 | | | 9/14/2015 | 10/7/2015 |
| 5/15/2015 | quarterly | $0.17 | 1.66% | 6/3/2015 | 6/5/2015 | 7/8/2015 |
| 2/27/2015 | quarterly | $0.16 | 1.68% | 3/19/2015 | 3/23/2015 | 4/7/2015 |
| 12/12/2014 | quarterly | $0.16 | 1.82% | 12/19/2014 | 12/23/2014 | 1/8/2015 |
| 8/22/2014 | quarterly | $0.16 | 1.69% | 9/4/2014 | 9/8/2014 | 10/7/2014 |
| 5/16/2014 | quarterly | $0.16 | 1.74% | 6/4/2014 | 6/6/2014 | 7/8/2014 |
| 2/28/2014 | quarterly | $0.15 | 1.68% | 3/20/2014 | 3/24/2014 | 4/7/2014 |
| 12/13/2013 | quarterly | $0.15 | 1.68% | 12/20/2013 | 12/24/2013 | 1/8/2014 |
| 8/23/2013 | quarterly | $0.15 | 1.77% | 9/5/2013 | 9/9/2013 | 10/7/2013 |
| 5/17/2013 | quarterly | $0.15 | 1.85% | 6/5/2013 | 6/7/2013 | 7/8/2013 |
| 2/15/2013 | quarterly | $0.14 | 1.95% | 3/5/2013 | 3/7/2013 | 4/5/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Albany International Corporation (NYSE:AIN)Insider Ownership Percentage: 11.63%
Institutional Ownership Percentage: 90.96%
Insider Trades by Quarter for Albany International Corporation (NYSE:AIN)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/8/2017 | Daniel A Halftermeyer | Insider | Sell | 17,300 | $53.29 | $921,917.00 | |
| 8/30/2016 | Robert Alan Hansen | Insider | Sell | 4,122 | $42.89 | $176,792.58 | |
| 5/10/2016 | Daniel A Halftermeyer | Insider | Sell | 4,000 | $38.57 | $154,280.00 | |
| 5/27/2015 | Robert Alan Hansen | SVP | Sell | 6,230 | $39.80 | $247,954.00 | |
| 2/18/2015 | Joseph M Gaug | Insider | Sell | 1,000 | $37.82 | $37,820.00 | |
| 11/17/2014 | Daniel A Halftermeyer | Insider | Sell | 1,500 | $37.46 | $56,190.00 | |
| 5/13/2014 | Charles Silva, Jr. | VP | Sell | 13,100 | $36.74 | $481,294.00 | |
| 5/13/2014 | Robert Alan Hansen | SVP | Sell | 3,288 | $36.81 | $121,031.28 | |
| 11/22/2013 | Robert Alan Hansen | SVP | Sell | 3,119 | $35.46 | $110,599.74 | |
| 8/21/2013 | Joseph Gaug | Insider | Sell | 1,179 | $33.45 | $39,437.55 | |
| 5/24/2013 | John C Standish | Director | Sell | 7,620 | $31.90 | $243,078.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Albany International Corporation (NYSE:AIN)
Latest Headlines for Albany International Corporation (NYSE:AIN)
| Source: |
|
| Date | Headline |
|---|
 | ETFs with exposure to Albany International Corp. : September 12, 2017
finance.yahoo.com - September 11 at 9:35 PM |
| Albany International Corp. :AIN-US: Earnings Analysis: Q2, 2017 By the Numbers : September 7, 2017
finance.yahoo.com - September 7 at 3:36 PM |
| Albany International Corp. breached its 50 day moving average in a Bullish Manner : AIN-US : September 1, 2017
finance.yahoo.com - September 1 at 4:13 PM |
 | Albany International Corporation (AIN) to Issue $0.17 Quarterly Dividend
www.americanbankingnews.com - August 31 at 12:34 PM |
| Albany International Corp. – Value Analysis (NYSE:AIN) : August 16, 2017
finance.yahoo.com - August 16 at 8:39 PM |
| Albany International Corp
finance.yahoo.com - August 12 at 3:29 PM |
| IHS Markit Score downgrades Albany International Corp to 31 out of 100, ranking positively in two out of three available IHS Markit categories.
finance.yahoo.com - August 12 at 2:14 AM |
| IHS Markit Score upgrades Albany International Corp to 34 out of 100, ranking positively in two out of four IHS Markit categories.
finance.yahoo.com - August 11 at 3:10 AM |
| See what the IHS Markit Score report has to say about Albany International Corp.
finance.yahoo.com - August 10 at 1:57 AM |
| Albany International Corporation (NYSE:AIN) Insider Daniel A. Halftermeyer Sells 17,300 Shares
www.americanbankingnews.com - August 9 at 1:32 PM |
| Zacks: Albany International Corporation (AIN) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - August 3 at 8:48 PM |
| Albany International Corp. breached its 50 day moving average in a Bearish Manner : AIN-US : August 3, 2017
finance.yahoo.com - August 3 at 4:53 PM |
| Edited Transcript of AIN earnings conference call or presentation 2-Aug-17 1:00pm GMT
finance.yahoo.com - August 3 at 1:38 AM |
 | Albany International (AIN) CEO to Retire in 2018
www.streetinsider.com - August 2 at 3:34 PM |
 | Albany International's (AIN) CEO Joe Morone on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 2 at 3:34 PM |
| Albany International Corporation (NYSE:AIN) Releases Quarterly Earnings Results, Misses Expectations By $0.36 EPS
www.americanbankingnews.com - August 2 at 12:08 PM |
| Albany International Reports Second-Quarter Results
finance.yahoo.com - August 1 at 9:43 PM |
| Albany International Announces CEO Succession Plan
finance.yahoo.com - August 1 at 9:43 PM |
| Zacks: Albany International Corporation (AIN) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 31 at 9:07 AM |
| Albany International Corporation (NYSE:AIN) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - July 24 at 7:50 AM |
| The Best Stock in New Hampshire: Albany International
finance.yahoo.com - July 20 at 5:02 PM |
| Albany International (AIN) Expects $16M Q2 Charge for Revisions in Estimated Contract Profitability
www.streetinsider.com - July 13 at 9:26 PM |
| Albany International Announces Anticipated Charge for Revisions in Estimated Contract Profitability
finance.yahoo.com - July 13 at 9:26 PM |
| ETFs with exposure to Albany International Corp. : July 5, 2017
finance.yahoo.com - July 5 at 4:06 PM |
| Albany International Corporation (NYSE:AIN) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 3 at 10:52 AM |
| Albany International Corporation (NYSE:AIN) Upgraded to Buy at BidaskClub
www.americanbankingnews.com - July 1 at 7:32 PM |
| Albany International Corporation (AIN) Downgraded by BidaskClub
www.americanbankingnews.com - June 24 at 11:32 PM |
| Albany International Corporation (AIN) vs. Interface (TILE) Critical Contrast
www.americanbankingnews.com - June 15 at 6:10 PM |
| Zacks: Albany International Corporation (AIN) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - June 15 at 8:54 AM |
| Interface (TILE) and Albany International Corporation (AIN) Head to Head Contrast
www.americanbankingnews.com - June 14 at 8:10 AM |
| ETFs with exposure to Albany International Corp. : June 9, 2017
finance.yahoo.com - June 9 at 3:38 PM |
| Albany International Corp. :AIN-US: Earnings Analysis: Q1, 2017 By the Numbers : June 8, 2017
finance.yahoo.com - June 8 at 3:51 PM |
| Albany International Corp. : AIN-US: Dividend Analysis : June 06th, 2017 (record date) : By the numbers : June 7, 2017
finance.yahoo.com - June 7 at 3:32 PM |
| Dixie Group (DXYN) versus Albany International Corp. (AIN) Head-To-Head Review
www.americanbankingnews.com - June 5 at 2:20 PM |
| Analysts Set $52.00 Price Target for Albany International Corp. (AIN)
www.americanbankingnews.com - May 29 at 8:50 PM |
| Albany International Corp. (AIN) to Issue Quarterly Dividend of $0.17
www.americanbankingnews.com - May 15 at 5:48 PM |
| Zacks: Brokerages Set $52.00 Target Price for Albany International Corp. (AIN)
www.americanbankingnews.com - May 12 at 10:58 AM |
| Edited Transcript of AIN earnings conference call or presentation 5-May-17 1:00pm GMT
finance.yahoo.com - May 6 at 1:27 AM |
| Albany International's (AIN) CEO Joe Morone on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 5 at 3:26 PM |
| Albany International posts 1Q profit
finance.yahoo.com - May 5 at 3:25 PM |
| Albany International Reports First-Quarter Results
finance.yahoo.com - May 4 at 8:30 PM |
 | Schaper Benz & Wise Investment Counsel Inc Buys Enbridge Inc, Analog Devices Inc, Albany ...
www.nasdaq.com - May 2 at 3:30 PM |
| Albany International Corp. (AIN) Receiving Positive News Coverage, AlphaOne Reports
www.americanbankingnews.com - May 2 at 9:24 AM |
| Albany International Corp. (AIN) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - May 2 at 7:34 AM |
| Analysts Set $52.00 Target Price for Albany International Corp. (AIN)
www.americanbankingnews.com - April 27 at 10:22 AM |
| Albany International Corp. (AIN) Earns Daily Media Sentiment Score of 0.10
www.americanbankingnews.com - April 25 at 2:30 PM |
| Albany International Corp. – Value Analysis (NYSE:AIN) : April 24, 2017
finance.yahoo.com - April 24 at 3:27 PM |
| Albany International Corp. (AIN) Getting Somewhat Negative News Coverage, Analysis Finds
www.americanbankingnews.com - April 22 at 10:22 AM |
| Albany International Corp. breached its 50 day moving average in a Bullish Manner : AIN-US : April 21, 2017
finance.yahoo.com - April 21 at 3:27 PM |
| Somewhat Positive Media Coverage Somewhat Likely to Impact Albany International Corp. (AIN) Stock Price
www.americanbankingnews.com - April 18 at 10:51 AM |
Albany International Corporation (AIN) Chart for Monday, September, 25, 2017
