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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Most profitable less than $5 stock in the world? (Ad)pixel
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Most profitable less than $5 stock in the world? (Ad)pixel
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Most profitable less than $5 stock in the world? (Ad)pixel
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
NYSE:AIN

Albany International - AIN Stock Forecast, Price & News

$96.49
+2.55 (+2.71%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$93.63
$96.49
50-Day Range
$75.94
$96.49
52-Week Range
$74.17
$96.49
Volume
65,723 shs
Average Volume
95,533 shs
Market Capitalization
$3.00 billion
P/E Ratio
24.43
Dividend Yield
0.89%
Price Target
$95.00

Albany International MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
1.5% Downside
$95.00 Price Target
Short Interest
Healthy
1.97% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
5.34%
From $3.56 to $3.75 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.54 out of 5 stars

Industrial Products Sector

172nd out of 187 stocks

Broadwoven Fabric Mills, Manmade Industry

1st out of 1 stocks

AIN stock logo

About Albany International (NYSE:AIN) Stock

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.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Albany International from a "hold" rating to a "buy" rating in a research report on Wednesday, July 6th.

Albany International Trading Up 2.7 %

NYSE:AIN opened at $96.49 on Friday. Albany International has a 52 week low of $74.17 and a 52 week high of $96.49. The firm has a 50 day moving average of $83.13 and a 200 day moving average of $83.68. The company has a quick ratio of 3.73, a current ratio of 4.44 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $3.00 billion, a price-to-earnings ratio of 24.43, a PEG ratio of 3.76 and a beta of 1.29.

Albany International (NYSE:AIN - Get Rating) last posted its earnings results on Monday, July 25th. The textile maker reported $1.06 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.26. Albany International had a net margin of 12.93% and a return on equity of 13.57%. During the same quarter in the previous year, the business earned $1.01 earnings per share. As a group, sell-side analysts anticipate that Albany International will post 3.56 earnings per share for the current fiscal year.

Albany International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 8th. Investors of record on Tuesday, June 7th were given a dividend of $0.21 per share. The ex-dividend date was Monday, June 6th. This represents a $0.84 dividend on an annualized basis and a yield of 0.87%. Albany International's payout ratio is 21.27%.

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AIN Stock News Headlines

Albany International Corp. (AIN)
Albany declares $0.21 dividend
Albany International to Host Investor Day May 25
Albany International's Earnings Outlook
See More Headlines
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AIN Company Calendar

Ex-Dividend for 7/8 Dividend
6/06/2022
Dividend Payable
7/08/2022
Last Earnings
7/25/2022
Today
8/13/2022
Next Earnings (Estimated)
10/24/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$95.00
High Stock Price Forecast
$100.00
Low Stock Price Forecast
$90.00
Forecasted Upside/Downside
-1.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$118.48 million
Pretax Margin
18.03%

Debt

Sales & Book Value

Annual Sales
$929.24 million
Cash Flow
$6.08 per share
Book Value
$26.42 per share

Miscellaneous

Free Float
30,929,000
Market Cap
$3.00 billion
Optionable
Optionable
Beta
1.29

Key Executives

  • Mr. Andrew William Higgins (Age 64)
    Pres, CEO & Director
    Comp: $2.73M
  • Mr. Stephen M. Nolan (Age 53)
    CFO & Treasurer
    Comp: $1.32M
  • Mr. Joseph M. Gaug (Age 59)
    VP, Sec. & Gen. Counsel
    Comp: $882.54k
  • Mr. Daniel A. Halftermeyer (Age 61)
    Pres of Machine Clothing
    Comp: $1.42M
  • Mr. Gregory N. Harwell (Age 58)
    Pres of Albany Engineered Composites
    Comp: $1.1M
  • Mr. Robert A. Hansen (Age 65)
    Sr. VP & CTO
  • Mr. John B. Hobbs
    Director of Investor Relations
  • Susan Siegel
    VP of Corp. Communications
  • Ms. Alice McCarvill (Age 57)
    Exec. VP of HR & Chief HR Officer
  • Ms. Elisabeth Indriani (Age 46)
    VP & Controller













AIN Stock - Frequently Asked Questions

Should I buy or sell Albany International stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" AIN shares.
View AIN analyst ratings
or view top-rated stocks.

What is Albany International's stock price forecast for 2022?

2 brokers have issued 12 month target prices for Albany International's stock. Their AIN share price forecasts range from $90.00 to $100.00. On average, they anticipate the company's stock price to reach $95.00 in the next year. This suggests that the stock has a possible downside of 1.5%.
View analysts price targets for AIN
or view top-rated stocks among Wall Street analysts.

How have AIN shares performed in 2022?

Albany International's stock was trading at $88.45 at the beginning of the year. Since then, AIN stock has increased by 9.1% and is now trading at $96.49.
View the best growth stocks for 2022 here
.

Are investors shorting Albany International?

Albany International saw a decline in short interest in June. As of June 30th, there was short interest totaling 576,900 shares, a decline of 25.2% from the June 15th total of 771,200 shares. Based on an average trading volume of 156,600 shares, the days-to-cover ratio is presently 3.7 days. Approximately 2.0% of the shares of the company are short sold.
View Albany International's Short Interest
.

When is Albany International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our AIN earnings forecast
.

How were Albany International's earnings last quarter?

Albany International Corp. (NYSE:AIN) issued its quarterly earnings results on Monday, July, 25th. The textile maker reported $1.06 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.26. Albany International had a net margin of 12.93% and a trailing twelve-month return on equity of 13.57%. During the same quarter last year, the firm earned $1.01 EPS.

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 paid a dividend of $0.21 per share on Friday, July 8th. This represents a $0.84 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date is Monday, June 6th.
Read our dividend analysis for AIN
.

Is Albany International a good dividend stock?

Albany International (NYSE:AIN) pays an annual dividend of $0.84 per share and currently has a dividend yield of 0.89%. The company 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 is 21.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIN will have a dividend payout ratio of 22.40% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AIN.

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

Albany International issued an update on its FY 2022 earnings guidance on Monday, August, 1st. The company provided earnings per share guidance of $3.30-$3.60 for the period, compared to the consensus EPS estimate of $3.29. The company issued revenue guidance of $970.00M-$1.01 billion, compared to the consensus revenue estimate of $960.76 million.

What is William Higgins' approval rating as Albany International's CEO?

11 employees have rated Albany International Chief Executive Officer William Higgins on Glassdoor.com. William Higgins has an approval rating of 100% among the company'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 many different institutional and retail investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (6.00%), William Blair Investment Management LLC (2.75%), Loomis Sayles & Co. L P (2.41%), Principal Financial Group Inc. (2.25%), Clearbridge Investments LLC (1.74%) and Wells Fargo & Company MN (1.71%). Insiders that own company stock include Christine L Standish, Daniel A Halftermeyer, David M Pawlick and Robert Alan Hansen.
View institutional ownership trends
.

How do I buy shares of Albany International?

Shares of AIN stock 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 $96.49.

How much money does Albany International make?

Albany International (NYSE:AIN) has a market capitalization of $3.00 billion and generates $929.24 million in revenue each year. The textile maker earns $118.48 million in net income (profit) each year or $3.95 on an earnings per share basis.

How many employees does Albany International have?

The company employs 4,100 workers across the globe.

How can I contact Albany International?

Albany International's mailing address is 216 AIRPORT DRIVE, ROCHESTER NH, 03867. The official website for the company is www.albint.com. The textile maker can be reached via phone at (603) 330-5850, via email at stephen.nolan@albint.com, or via fax at 603-994-3835.

This page (NYSE:AIN) was last updated on 8/13/2022 by MarketBeat.com Staff

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