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

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$74.85 -0.70 (-0.93 %)
(As of 04/24/2019 04:00 PM ET)
Previous Close$75.55
Today's Range$74.81 - $76.22
52-Week Range$57.95 - $82.20
Volume97,000 shs
Average Volume126,513 shs
Market Capitalization$2.42 billion
P/E Ratio29.12
Dividend Yield0.95%
Beta1.72
Albany International Corp. engages in the textile and materials processing businesses. The company operates in 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, and dryer fabrics, as well as 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. This segment sells its products directly to end-user customers. The AEC segment designs, develops, and manufactures composite structures primarily to customers in the commercial and defense aerospace industry. The company operates in the United States, Switzerland, France, Brazil, China, Mexico, and internationally. 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$5.0884 per share
Book Value$18.85 per share

Profitability

Net Income$82.89 million

Miscellaneous

Employees4,400
Market Cap$2.42 billion
Next Earnings Date4/30/2019 (Confirmed)
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 announced a quarterly dividend on Monday, February 25th. Stockholders of record on Monday, March 18th will be paid a dividend of $0.18 per share on Friday, April 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date is Friday, March 15th. View Albany International's Dividend History.

How were Albany International's earnings last quarter?

Albany International Corp. (NYSE:AIN) announced its quarterly earnings data on Monday, February, 11th. The textile maker reported $0.54 earnings per share for the quarter, missing analysts' consensus estimates of $0.63 by $0.09. The textile maker had revenue of $251.61 million for the quarter, compared to the consensus estimate of $251.50 million. Albany International had a net margin of 8.72% and a return on equity of 14.79%. 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 Tuesday, April 30th 2019. View Earnings Estimates for Albany International.

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

Albany International issued an update on 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 analysts have issued 1-year price objectives for Albany International's stock. Their forecasts range from $77.00 to $93.00. On average, they anticipate Albany International's share price to reach $85.00 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price. 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 coverage about AIN stock has been trending positive recently, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Albany International earned a news impact score of 2.5 on InfoTrie's scale. They also assigned news articles about the textile maker a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future.

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 Financial Institutions (FISI), Clearwater Paper (CLW), Intel (INTC), Wynn Resorts (WYNN), Greenbrier Companies (GBX), Reliance Steel & Aluminum (RS), Xerium Technologies (XRM), KP Tissue (KPT), Gaming and Leisure Properties (GLPI) and Kraft Heinz (KHC).

Who are Albany International's key executives?

Albany International's management team includes the folowing people:
  • Mr. Olivier M. Jarrault, CEO & Pres (Age 58)
  • Mr. Robert A. Hansen, Sr. VP & CTO (Age 62)
  • Mr. Charles J. Silva Jr., VP, Gen. Counsel & Sec. (Age 60)
  • Mr. Daniel A. Halftermeyer, Pres of Machine Clothing (Age 58)
  • Mr. Stephen M. Nolan, CFO & Treasurer (Age 50)

Who are Albany International's major shareholders?

Albany International's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.22%), Roubaix Capital LLC (0.16%), Oppenheimer Asset Management Inc. (0.07%), Fruth Investment Management (0.07%), Gilman Hill Asset Management LLC (0.05%) and Brinker Capital Inc. (0.02%). 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 major investors are selling Albany International stock?

AIN stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Meeder Asset Management Inc., Oppenheimer Asset Management Inc. and Versant Capital Management Inc. 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 major investors are buying Albany International stock?

AIN stock was acquired by a variety of institutional investors in the last quarter, including Roubaix Capital LLC, Brinker Capital Inc., Fruth Investment Management, Triangle Securities Wealth Management, Triangle Securities Wealth Management and Gilman Hill Asset Management LLC. 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 $74.85.

How big of a company is Albany International?

Albany International has a market capitalization of $2.42 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:  135 (Vote Outperform)
Underperform Votes:  163 (Vote Underperform)
Total Votes:  298
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 4/24/2019 by MarketBeat.com Staff

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