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

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$78.45 +2.08 (+2.72 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$78.45
Today's Range$77.19 - $79.4840
52-Week Range$57.95 - $82.20
Volume113,576 shs
Average Volume110,774 shs
Market Capitalization$2.53 billion
P/E Ratio30.53
Dividend Yield0.94%
Beta1.69
Albany International Corp. engages in textile and materials processing businesses worldwide. The company operates through 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, dryer fabrics, and 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; and sells its products directly to end-user customers. The AEC segment designs, manufactures, and markets composite structures primarily to customers in the aerospace and defense industries. Albany International Corp. was founded in 1895 and is headquartered in Rochester, New Hampshire.

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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$982.48 million
Cash Flow$5.1646 per share
Book Value$18.89 per share

Profitability

Net Income$82.89 million

Miscellaneous

Employees4,400
Market Cap$2.53 billion
Next Earnings Date5/6/2019 (Estimated)
OptionableOptionable

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 14th. Shareholders of record on Wednesday, December 26th will be paid a dividend of $0.18 per share on Tuesday, January 8th. This represents a $0.72 annualized dividend and a yield of 0.92%. The ex-dividend date is Monday, December 24th. This is an increase from Albany International's previous quarterly dividend of $0.17. View Albany International's Dividend History.

How were Albany International's earnings last quarter?

Albany International Corp. (NYSE:AIN) posted its quarterly earnings results on Tuesday, October, 30th. The textile maker reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.70 by $0.15. The textile maker earned $253.25 million during the quarter, compared to analysts' expectations of $248.50 million. Albany International had a return on equity of 14.79% and a net margin of 8.72%. 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 Monday, May 6th 2019. View Earnings Estimates for Albany International.

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

Albany International updated its earnings guidance on Monday, February, 11th. The company provided earnings per share guidance of for the period.

What price target have analysts set for AIN?

4 Wall Street analysts have issued 1-year price targets for Albany International's stock. Their predictions range from $64.00 to $93.00. On average, they anticipate Albany International's stock price to reach $78.00 in the next year. This suggests that the stock has a possible downside of 0.6%. View Analyst Price Targets for Albany International.

What is the consensus analysts' recommendation for Albany International?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last year. There are currently 3 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?

News stories about AIN stock have been trending somewhat positive recently, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Albany International earned a news sentiment score of 1.7 on InfoTrie's scale. They also assigned media stories about the textile maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term.

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 Wynn Resorts (WYNN), Xerium Technologies (XRM), Reliance Steel & Aluminum (RS), KP Tissue (KPT), Clearwater Paper (CLW), Intel (INTC), Financial Institutions (FISI), Micron Technology (MU), NextEra Energy (NEE) and Sealed Air (SEE).

Who are Albany International's key executives?

Albany International's management team includes the folowing people:
  • Mr. John B. Cozzolino, CFO & Treasurer (Age 53)
  • Mr. Robert A. Hansen, Sr. VP & CTO (Age 62)
  • Mr. Daniel A. Halftermeyer, Pres of Machine Clothing (Age 58)
  • Mr. Olivier M. Jarrault, CEO & Pres (Age 58)
  • Mr. David M. Pawlick, VP, Controller & Principal Accounting Officer (Age 58)

Who are Albany International's major shareholders?

Albany International's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.81%), Dimensional Fund Advisors LP (4.22%), Brown Advisory Inc. (3.13%), Principal Financial Group Inc. (2.22%), Vaughan Nelson Investment Management L.P. (1.42%) and Bank of New York Mellon Corp (1.39%). 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 institutional investors are selling Albany International stock?

AIN stock was sold by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Dimensional Fund Advisors LP, Canada Pension Plan Investment Board, SG Americas Securities LLC, Principal Financial Group Inc., Bank of New York Mellon Corp, Assenagon Asset Management S.A. and Pembroke Management LTD. 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 institutional investors are buying Albany International stock?

AIN stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, First Trust Advisors LP, Zacks Investment Management, Vaughan Nelson Investment Management L.P., Rhumbline Advisers, Geode Capital Management LLC, Oregon Public Employees Retirement Fund and Two Sigma Advisers 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 $78.45.

How big of a company is Albany International?

Albany International has a market capitalization of $2.53 billion and generates $982.48 million in revenue each year. The textile maker earns $82.89 million in net income (profit) each year or $2.57 on an earnings per share basis. Albany International employs 4,400 workers across the globe.

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:  133 (Vote Outperform)
Underperform Votes:  160 (Vote Underperform)
Total Votes:  293
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 2/23/2019 by MarketBeat.com Staff

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