S&P 500   3,901.36
DOW   31,261.90
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S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:AIN

Albany International (AIN) Stock Forecast, Price & News

$81.77
-1.05 (-1.27%)
(As of 05/20/2022 04:00 PM ET)
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Today's Range
$80.09
$83.46
50-Day Range
$76.42
$87.47
52-Week Range
$74.17
$93.43
Volume
138,192 shs
Average Volume
189,887 shs
Market Capitalization
$2.58 billion
P/E Ratio
22.28
Dividend Yield
1.01%
Beta
1.3
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Albany International logo

About Albany International

Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts used in the manufacture of nonwovens, fiber cement and several other industrial applications; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, Brazil, China, France, Mexico, and internationally. Albany International Corp. was incorporated in 1895 and is headquartered in Rochester, New Hampshire.

Headlines

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Industry, Sector and Symbol

Industry
Broadwoven fabric mills, manmade
Sub-Industry
Industrial Machinery
CUSIP
01234810
Employees
4,100
Year Founded
N/A

Sales & Book Value

Annual Sales
$929.24 million
Cash Flow
$5.84 per share
Book Value
$27.44 per share

Profitability

Net Income
$118.48 million
Pretax Margin
17.60%

Debt

Price-To-Earnings

Miscellaneous

Free Float
31,327,000
Market Cap
$2.58 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/7 Dividend
3/18/2022
Dividend Payable
4/07/2022
Last Earnings
4/25/2022
Today
5/22/2022
Dividend Payable
7/08/2022
Next Earnings (Estimated)
7/25/2022
Fiscal Year End
12/31/2022
Ex-Dividend for 7/8 Dividend
1/01/2100

MarketRank

Overall MarketRank

2.44 out of 5 stars

Industrial Products Sector

84th out of 254 stocks

Broadwoven Fabric Mills, Manmade Industry

1st out of 1 stocks

Analyst Opinion: 2.2Community Rank: 4.0Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -













Albany International (NYSE:AIN) Frequently Asked Questions

Is Albany International a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Albany International stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AIN, but not buy additional shares or sell existing shares.
View analyst ratings for Albany International
or view top-rated stocks.

When is Albany International's next earnings date?

Albany International is scheduled to release its next quarterly earnings announcement on Monday, July 25th 2022.
View our earnings forecast for Albany International
.

How were Albany International's earnings last quarter?

Albany International Corp. (NYSE:AIN) released its earnings results on Monday, April, 25th. The textile maker reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.73 by $0.18. The textile maker had revenue of $244.17 million for the quarter, compared to analysts' expectations of $225.57 million. Albany International had a net margin of 12.47% and a trailing twelve-month return on equity of 13.36%. During the same period in the previous year, the company earned $0.87 earnings per share.
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 20th. Shareholders of record on Tuesday, June 7th will be given a dividend of $0.21 per share on Friday, July 8th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.03%.
View Albany International's dividend history
.

Is Albany International a good dividend stock?

Albany International pays an annual dividend of $0.84 per share and currently has a dividend yield of 1.01%. Albany International has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Albany International is 22.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Albany International will have a dividend payout ratio of 24.07% next year. This indicates that Albany International will be able to sustain or increase its dividend.
View Albany International's dividend history.

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

Albany International issued an update on its FY22 earnings guidance on Monday, April, 25th. The company provided EPS guidance of $2.80-3.30 for the period, compared to the consensus earnings per share estimate of $3.37. The company issued revenue guidance of $920-960 million, compared to the consensus revenue estimate of $960.65 million.

What price target have analysts set for AIN?

3 analysts have issued 1-year price objectives for Albany International's shares. Their forecasts range from $90.00 to $100.00. On average, they anticipate Albany International's stock price to reach $95.00 in the next year. This suggests a possible upside of 16.2% from the stock's current price.
View analysts' price targets for Albany International
or view top-rated stocks among Wall Street analysts.

Who are Albany International's key executives?
Albany International's management team includes the following people:
  • Mr. Andrew William Higgins, Pres, CEO & Director (Age 64, Pay $2.73M)
  • Mr. Stephen M. Nolan, CFO & Treasurer (Age 53, Pay $1.32M)
  • Mr. Joseph M. Gaug, VP, Sec. & Gen. Counsel (Age 59, Pay $882.54k)
  • Mr. Daniel A. Halftermeyer, Pres of Machine Clothing (Age 61, Pay $1.42M) (LinkedIn Profile)
  • Mr. Gregory N. Harwell, Pres of Albany Engineered Composites (Age 58, Pay $1.1M)
  • Mr. Robert A. Hansen, Sr. VP & CTO (Age 65)
  • Mr. John B. Hobbs, Director of Investor Relations
  • Susan Siegel, VP of Corp. Communications
  • Ms. Alice McCarvill, Exec. VP of HR & Chief HR Officer (Age 57)
  • Ms. Elisabeth Indriani, VP & Controller (Age 46)
What is William Higgins' approval rating as Albany International's CEO?

11 employees have rated Albany International CEO William Higgins on Glassdoor.com. William Higgins has an approval rating of 100% among Albany International's employees. This puts William Higgins in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 87.0% of employees surveyed would recommend working at Albany International to a friend.

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), Marvell Technology (MRVL), NVIDIA (NVDA), Bank of America (BAC), Intel (INTC), Micron Technology (MU), Bristol-Myers Squibb (BMY), Walt Disney (DIS), Enterprise Products Partners (EPD) and KLA (KLAC).

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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.71%), Vanguard Group Inc. (10.93%), Earnest Partners LLC (8.61%), Dimensional Fund Advisors LP (3.65%), State Street Corp (3.39%) and William Blair Investment Management LLC (2.75%). Company insiders that own Albany International stock include Christine L Standish, Daniel A Halftermeyer, David M Pawlick 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 American Century Companies Inc., Wellington Management Group LLP, UBS Group AG, Pembroke Management LTD, Goldman Sachs Group Inc., SG Americas Securities LLC, Earnest Partners LLC, and Great Lakes Advisors LLC. Company insiders that have sold Albany International company stock in the last year include Christine L Standish, and Daniel A Halftermeyer.
View insider buying and selling activity for Albany International
or view top insider-selling stocks.

Which institutional investors are buying Albany International stock?

AIN stock was bought by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., BlackRock Inc., State Street Corp, Vanguard Group Inc., Dimensional Fund Advisors LP, Assenagon Asset Management S.A., Aviva PLC, and Natixis Advisors L.P..
View insider buying and selling activity for Albany International
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Albany International's stock price today?

One share of AIN stock can currently be purchased for approximately $81.77.

How much money does Albany International make?

Albany International has a market capitalization of $2.58 billion and generates $929.24 million in revenue each year. The textile maker earns $118.48 million in net income (profit) each year or $3.67 on an earnings per share basis.

How many employees does Albany International have?

Albany International employs 4,100 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, via email at [email protected], or via fax at 603-994-3835.

This page was last updated on 5/22/2022 by MarketBeat.com Staff

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