Albany International Corporation Company Profile (NYSE:AIN)

About Albany International Corporation (NYSE:AIN)

Albany International Corporation logoAlbany 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: $1.79599 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 - $56.40
P/E:
  • Trailing P/E Ratio: 43.90
  • P/E Growth: 1.94
Sales & Book Value:
  • Annual Revenue: $819.17 million
  • Price / Sales: 2.18
  • Book Value: $16.72 per share
  • Price / Book: 3.33
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: 131,214 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. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.22%. 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 quarterly 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 return on equity of 8.42% and a net margin of 4.98%. View Albany International Corporation's Earnings History.

When will Albany International Corporation make its next earnings announcement?

Albany International Corporation is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Albany International Corporation.

Where is Albany International Corporation's stock going? Where will Albany International Corporation's stock price be in 2017?

1 brokerages have issued 12 month target prices for Albany International Corporation's shares. Their forecasts range from $52.00 to $52.00. On average, they anticipate Albany International Corporation's stock price to reach $52.00 in the next year. View Analyst Ratings for Albany International Corporation.

Who are some of Albany International Corporation's key competitors?

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 a variety of 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 acquired 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 $55.75.


MarketBeat Community Rating for Albany International Corporation (NYSE AIN)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  58 (Vote Outperform)
Underperform Votes:  56 (Vote Underperform)
Total Votes:  114
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.

Analyst Ratings

Consensus Ratings for Albany International Corporation (NYSE:AIN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $52.00 (6.73% downside)

Analysts' Ratings History for Albany International Corporation (NYSE:AIN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
12/21/2016SidotiDowngradeBuy -> NeutralN/AView Rating Details
12/9/2015MacquarieBoost Price TargetOutperform$41.00 -> $43.00N/AView Rating Details
(Data available from 9/20/2015 forward)

Earnings

Earnings History for Albany International Corporation (NYSE:AIN)
Earnings by Quarter for Albany International Corporation (NYSE:AIN)
Earnings History by Quarter for Albany International Corporation (NYSE AIN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$0.42N/AView Earnings Details
8/1/2017Q2 2017$0.52$0.16$215.57 millionViewListenView Earnings Details
2/8/2017Q416$0.44$0.36$190.81 million$216.00 millionViewListenView Earnings Details
10/31/2016Q3$0.40$0.41$197.80 million$191.30 millionViewListenView Earnings Details
8/1/2016Q216$0.48$0.48$196.47 million$203.20 millionViewListenView Earnings Details
5/2/2016Q116$0.52$0.46$178.46 million$172.30 millionViewListenView Earnings Details
2/8/2016Q415$0.34$0.46$185.36 million$177.50 millionViewListenView Earnings Details
10/27/2015Q315$0.36$0.47$180.41 million$178.80 millionViewListenView Earnings Details
8/4/2015Q2$0.47$0.29$194.00 million$172.30 millionViewListenView Earnings Details
2/9/2015Q414$0.39$0.35$197.10 million$191.70 millionViewListenView Earnings Details
11/3/2014Q3$0.36$0.37$189.30 million$179.90 millionViewListenView Earnings Details
8/4/2014Q2$0.44$0.39$194.03 million$193.50 millionViewListenView Earnings Details
2/11/2014Q4$0.35$0.35$186.67 million$189.60 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Albany International Corporation (NYSE:AIN)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Albany International Corporation (NYSE:AIN)
Next Dividend:10/6/2017
Annual Dividend:$0.68
Dividend Yield:1.22%
Dividend Growth:15.60% (3 Year Average)
Payout Ratio:53.54% (Trailing 12 Months of Earnings)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Albany International Corporation (NYSE:AIN)

Dividend History by Quarter for Albany International Corporation (NYSE AIN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/31/2017quarterly$0.171.26%9/8/20179/11/201710/6/2017
5/15/2017quarterly$0.171.46%6/5/20176/7/20177/10/2017
2/24/2017quarterly$0.171.45%3/16/20173/20/20174/7/2017
12/16/2016quarterly$0.171.45%12/22/201612/27/20161/9/2017
9/9/2016quarterly$0.179/16/20169/20/201610/7/2016
5/13/2016quarterly$0.176/3/20166/7/20167/8/2016
2/26/2016quarterly$0.173/17/20163/21/20164/7/2016
12/11/2015quarterly$0.1712/18/201512/22/20151/8/2016
9/3/2015quarterly$0.179/14/201510/7/2015
5/15/2015quarterly$0.171.66%6/3/20156/5/20157/8/2015
2/27/2015quarterly$0.161.68%3/19/20153/23/20154/7/2015
12/12/2014quarterly$0.161.82%12/19/201412/23/20141/8/2015
8/22/2014quarterly$0.161.69%9/4/20149/8/201410/7/2014
5/16/2014quarterly$0.161.74%6/4/20146/6/20147/8/2014
2/28/2014quarterly$0.151.68%3/20/20143/24/20144/7/2014
12/13/2013quarterly$0.151.68%12/20/201312/24/20131/8/2014
8/23/2013quarterly$0.151.77%9/5/20139/9/201310/7/2013
5/17/2013quarterly$0.151.85%6/5/20136/7/20137/8/2013
2/15/2013quarterly$0.141.95%3/5/20133/7/20134/5/2013
(Data available from 1/1/2013 forward)

Insider Trades

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)
Institutional Ownership by Quarter for Albany International Corporation (NYSE:AIN)
Insider Trades by Quarter for Albany International Corporation (NYSE:AIN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/8/2017Daniel A HalftermeyerInsiderSell17,300$53.29$921,917.00View SEC Filing  
8/30/2016Robert Alan HansenInsiderSell4,122$42.89$176,792.58View SEC Filing  
5/10/2016Daniel A HalftermeyerInsiderSell4,000$38.57$154,280.00View SEC Filing  
5/27/2015Robert Alan HansenSVPSell6,230$39.80$247,954.00View SEC Filing  
2/18/2015Joseph M GaugInsiderSell1,000$37.82$37,820.00View SEC Filing  
11/17/2014Daniel A HalftermeyerInsiderSell1,500$37.46$56,190.00View SEC Filing  
5/13/2014Charles Silva, Jr.VPSell13,100$36.74$481,294.00View SEC Filing  
5/13/2014Robert Alan HansenSVPSell3,288$36.81$121,031.28View SEC Filing  
11/22/2013Robert Alan HansenSVPSell3,119$35.46$110,599.74View SEC Filing  
8/21/2013Joseph GaugInsiderSell1,179$33.45$39,437.55View SEC Filing  
5/24/2013John C StandishDirectorSell7,620$31.90$243,078.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Albany International Corporation (NYSE:AIN)
Latest Headlines for Albany International Corporation (NYSE:AIN)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Albany International Corp. : September 12, 2017
finance.yahoo.com - September 11 at 9:35 PM
finance.yahoo.com logoAlbany International Corp. :AIN-US: Earnings Analysis: Q2, 2017 By the Numbers : September 7, 2017
finance.yahoo.com - September 7 at 3:36 PM
finance.yahoo.com logoAlbany 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
americanbankingnews.com logoAlbany International Corporation (AIN) to Issue $0.17 Quarterly Dividend
www.americanbankingnews.com - August 31 at 12:34 PM
finance.yahoo.com logoAlbany International Corp. – Value Analysis (NYSE:AIN) : August 16, 2017
finance.yahoo.com - August 16 at 8:39 PM
finance.yahoo.com logoAlbany International Corp
finance.yahoo.com - August 12 at 3:29 PM
finance.yahoo.com logoIHS 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
finance.yahoo.com logoIHS 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
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Albany International Corp.
finance.yahoo.com - August 10 at 1:57 AM
americanbankingnews.com logoAlbany International Corporation (NYSE:AIN) Insider Daniel A. Halftermeyer Sells 17,300 Shares
www.americanbankingnews.com - August 9 at 1:32 PM
americanbankingnews.com logoZacks: Albany International Corporation (AIN) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - August 3 at 8:48 PM
finance.yahoo.com logoAlbany 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
finance.yahoo.com logoEdited Transcript of AIN earnings conference call or presentation 2-Aug-17 1:00pm GMT
finance.yahoo.com - August 3 at 1:38 AM
streetinsider.com logoAlbany International (AIN) CEO to Retire in 2018
www.streetinsider.com - August 2 at 3:34 PM
seekingalpha.com logoAlbany International's (AIN) CEO Joe Morone on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 2 at 3:34 PM
americanbankingnews.com logoAlbany International Corporation (NYSE:AIN) Releases Quarterly Earnings Results, Misses Expectations By $0.36 EPS
www.americanbankingnews.com - August 2 at 12:08 PM
finance.yahoo.com logoAlbany International Reports Second-Quarter Results
finance.yahoo.com - August 1 at 9:43 PM
finance.yahoo.com logoAlbany International Announces CEO Succession Plan
finance.yahoo.com - August 1 at 9:43 PM
americanbankingnews.com logoZacks: Albany International Corporation (AIN) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 31 at 9:07 AM
americanbankingnews.com logoAlbany International Corporation (NYSE:AIN) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - July 24 at 7:50 AM
finance.yahoo.com logoThe Best Stock in New Hampshire: Albany International
finance.yahoo.com - July 20 at 5:02 PM
streetinsider.com logoAlbany International (AIN) Expects $16M Q2 Charge for Revisions in Estimated Contract Profitability
www.streetinsider.com - July 13 at 9:26 PM
finance.yahoo.com logoAlbany International Announces Anticipated Charge for Revisions in Estimated Contract Profitability
finance.yahoo.com - July 13 at 9:26 PM
finance.yahoo.com logoETFs with exposure to Albany International Corp. : July 5, 2017
finance.yahoo.com - July 5 at 4:06 PM
americanbankingnews.com logo Albany International Corporation (NYSE:AIN) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 3 at 10:52 AM
americanbankingnews.com logoAlbany International Corporation (NYSE:AIN) Upgraded to Buy at BidaskClub
www.americanbankingnews.com - July 1 at 7:32 PM
americanbankingnews.com logoAlbany International Corporation (AIN) Downgraded by BidaskClub
www.americanbankingnews.com - June 24 at 11:32 PM
americanbankingnews.com logoAlbany International Corporation (AIN) vs. Interface (TILE) Critical Contrast
www.americanbankingnews.com - June 15 at 6:10 PM
americanbankingnews.com logoZacks: Albany International Corporation (AIN) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - June 15 at 8:54 AM
americanbankingnews.com logoInterface (TILE) and Albany International Corporation (AIN) Head to Head Contrast
www.americanbankingnews.com - June 14 at 8:10 AM
finance.yahoo.com logoETFs with exposure to Albany International Corp. : June 9, 2017
finance.yahoo.com - June 9 at 3:38 PM
finance.yahoo.com logoAlbany International Corp. :AIN-US: Earnings Analysis: Q1, 2017 By the Numbers : June 8, 2017
finance.yahoo.com - June 8 at 3:51 PM
finance.yahoo.com logoAlbany 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
americanbankingnews.com logoDixie Group (DXYN) versus Albany International Corp. (AIN) Head-To-Head Review
www.americanbankingnews.com - June 5 at 2:20 PM
americanbankingnews.com logo Analysts Set $52.00 Price Target for Albany International Corp. (AIN)
www.americanbankingnews.com - May 29 at 8:50 PM
americanbankingnews.com logoAlbany International Corp. (AIN) to Issue Quarterly Dividend of $0.17
www.americanbankingnews.com - May 15 at 5:48 PM
americanbankingnews.com logoZacks: Brokerages Set $52.00 Target Price for Albany International Corp. (AIN)
www.americanbankingnews.com - May 12 at 10:58 AM
finance.yahoo.com logoEdited Transcript of AIN earnings conference call or presentation 5-May-17 1:00pm GMT
finance.yahoo.com - May 6 at 1:27 AM
seekingalpha.com logoAlbany International's (AIN) CEO Joe Morone on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 5 at 3:26 PM
finance.yahoo.com logoAlbany International posts 1Q profit
finance.yahoo.com - May 5 at 3:25 PM
finance.yahoo.com logoAlbany International Reports First-Quarter Results
finance.yahoo.com - May 4 at 8:30 PM
nasdaq.com logoSchaper Benz & Wise Investment Counsel Inc Buys Enbridge Inc, Analog Devices Inc, Albany ...
www.nasdaq.com - May 2 at 3:30 PM
americanbankingnews.com logoAlbany International Corp. (AIN) Receiving Positive News Coverage, AlphaOne Reports
www.americanbankingnews.com - May 2 at 9:24 AM
americanbankingnews.com logoAlbany International Corp. (AIN) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - May 2 at 7:34 AM
americanbankingnews.com logo Analysts Set $52.00 Target Price for Albany International Corp. (AIN)
www.americanbankingnews.com - April 27 at 10:22 AM
americanbankingnews.com logoAlbany International Corp. (AIN) Earns Daily Media Sentiment Score of 0.10
www.americanbankingnews.com - April 25 at 2:30 PM
finance.yahoo.com logoAlbany International Corp. – Value Analysis (NYSE:AIN) : April 24, 2017
finance.yahoo.com - April 24 at 3:27 PM
americanbankingnews.com logoAlbany International Corp. (AIN) Getting Somewhat Negative News Coverage, Analysis Finds
www.americanbankingnews.com - April 22 at 10:22 AM
finance.yahoo.com logoAlbany 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
americanbankingnews.com logoSomewhat Positive Media Coverage Somewhat Likely to Impact Albany International Corp. (AIN) Stock Price
www.americanbankingnews.com - April 18 at 10:51 AM

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Chart

Albany International Corporation (AIN) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff