NYSE:AIN Albany International (AIN) Stock Price, News & Analysis → AI “wealth window” is closing June 25th (From Paradigm Press) (Ad) Free AIN Stock Alerts $87.89 +0.33 (+0.38%) (As of 05:11 PM ET) Add Compare Share Share Today's Range$86.71▼$88.7050-Day Range$79.75▼$96.4052-Week Range$78.20▼$99.41Volume108,717 shsAverage Volume149,390 shsMarket Capitalization$2.74 billionP/E Ratio24.69Dividend Yield1.18%Price Target$102.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Albany International alerts: Email Address Albany International MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside16.1% Upside$102.00 Price TargetShort InterestHealthy0.71% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.62Based on 17 Articles This WeekInsider TradingAcquiring Shares$190,290 Bought Last QuarterProj. Earnings Growth18.25%From $3.89 to $4.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.30 out of 5 starsIndustrial Products Sector31st out of 170 stocksBroadwoven Fabric Mills, Manmade Industry1st out of 1 stocks 2.2 Analyst's Opinion Consensus RatingAlbany International has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 3 buy ratings, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageAlbany International has only been the subject of 4 research reports in the past 90 days.Read more about Albany International's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.71% of the outstanding shares of Albany International have been sold short.Short Interest Ratio / Days to CoverAlbany International has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Albany International has recently decreased by 10.98%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend YieldAlbany International pays a meaningful dividend of 1.23%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAlbany International has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of Albany International is 29.21%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Albany International will have a dividend payout ratio of 22.61% next year. This indicates that Albany International will be able to sustain or increase its dividend.Read more about Albany International's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AIN. Previous Next 3.1 News and Social Media Coverage News SentimentAlbany International has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Albany International this week, compared to 3 articles on an average week.Search Interest1 people have searched for AIN on MarketBeat in the last 30 days. MarketBeat FollowsOnly 2 people have added Albany International to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Albany International insiders have bought more of their company's stock than they have sold. Specifically, they have bought $190,290.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.92% of the stock of Albany International is held by insiders.Percentage Held by Institutions97.37% of the stock of Albany International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Albany International's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Albany International are expected to grow by 18.25% in the coming year, from $3.89 to $4.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Albany International is 24.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Albany International is 24.69, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.83.Price to Earnings Growth RatioAlbany International has a PEG Ratio of 2.21. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAlbany International has a P/B Ratio of 2.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Albany International's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsCould this Tiny Biotech End Disease Forever?Imagine a revolutionary treatment capable of editing out ANY disease. By literally "cutting" the genetic instructions that cause illness, and "pasting" in corrected DNA to restore perfect health.Access my full "Cut & Paste" profit analysis now. About Albany International Stock (NYSE:AIN)Albany International Corp., together with its subsidiaries, engages in the machine clothing and engineered composites 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 for use in the manufacturing of papers, paperboards, tissues, towels, pulps, nonwovens, building products, tannery, and textiles, as well as fiber cement and several other industrial applications. This segment offers paper machine clothing forming, pressing, and drying fabrics, as well as engineered processing belts; 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, France, Brazil, China, Mexico, Germany, and internationally. The company was incorporated in 1895 and is headquartered in Rochester, New Hampshire.Read More AIN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AIN Stock News HeadlinesMay 7, 2024 | insidertrades.comAlbany International Corp. (NYSE:AIN) CEO Gunnar Kleveland Purchases 1,250 SharesMay 4, 2024 | insidertrades.comAlbany International Corp. (NYSE:AIN) CFO Purchases $84,440.00 in StockMay 8, 2024 | Crypto 101 Media (Ad)Elon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.May 7, 2024 | businesswire.comAlbany International to Present at the Bank of America Transportation, Airlines, and Industrials Conference 2024May 6, 2024 | finance.yahoo.comInsider Buying: President and CEO Gunnar Kleveland Acquires Shares of Albany International Corp ...May 5, 2024 | americanbankingnews.comRobert D. Starr Acquires 1,000 Shares of Albany International Corp. (NYSE:AIN) StockMay 5, 2024 | americanbankingnews.comAlbany International (NYSE:AIN) Price Target Cut to $96.00May 3, 2024 | markets.businessinsider.comAnalyst Expectations For Albany Intl's FutureMay 8, 2024 | Crypto 101 Media (Ad)Elon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.May 3, 2024 | americanbankingnews.comTruist Financial Lowers Albany International (NYSE:AIN) Price Target to $104.00May 3, 2024 | americanbankingnews.comAlbany International (NYSE:AIN) Price Target Cut to $95.00May 1, 2024 | finance.yahoo.comAlbany International Corp (AIN) Q1 2024 Earnings Call Transcript Highlights: Strong Sales ...May 1, 2024 | finance.yahoo.comQ1 2024 Albany International Corp Earnings CallApril 29, 2024 | markets.businessinsider.comAlbany International Q1 Profit Increases, beats estimatesApril 29, 2024 | businesswire.comAlbany International Reports First-Quarter 2024 ResultsApril 28, 2024 | markets.businessinsider.comAlbany International is about to announce earnings — here's what Wall Street expectsApril 24, 2024 | finance.yahoo.comAt US$88.08, Is Albany International Corp. (NYSE:AIN) Worth Looking At Closely?April 20, 2024 | msn.comTop stand-up comedians coming to Phoenix: Kevin Hart, Matt Rife, Bill Burr, Tom SeguraApril 19, 2024 | msn.comAlbany International Down on Opening Korean FacilityApril 19, 2024 | markets.businessinsider.comAlbany Decides To Cease Manufacturing At Its Facilities In Chungju, South KoreaApril 19, 2024 | finance.yahoo.comAlbany International Announces Discontinuation of Manufacturing Capacity in South KoreaApril 15, 2024 | businesswire.comAlbany International Schedules Earnings Release DateApril 4, 2024 | usnews.comEditorial Roundup: New YorkApril 2, 2024 | yahoo.com'American Idol' 2024: Who Made It Through to the Top 24March 29, 2024 | finance.yahoo.comThose who invested in Albany International (NYSE:AIN) five years ago are up 35%March 28, 2024 | msn.comAI already uses as much energy as a small country. It’s only the beginning.March 20, 2024 | businesswire.comAlbany International Issues 2023 Sustainability ReportSee More Headlines Receive AIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Albany International and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/5 Dividend3/14/2024Dividend Payable4/05/2024Last Earnings4/30/2024Today5/08/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Broadwoven fabric mills, manmade Sub-IndustryIndustrial Machinery Current SymbolNYSE:AIN CUSIP01234810 CIK819793 Webwww.albint.com Phone(603) 330-5850Fax603-994-3835Employees5,600Year FoundedN/APrice Target and Rating Average Stock Price Target$102.00 High Stock Price Target$120.00 Low Stock Price Target$95.00 Potential Upside/Downside+15.2%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$3.56 Trailing P/E Ratio24.88 Forward P/E Ratio22.77 P/E Growth2.21Net Income$111.12 million Net Margins9.35% Pretax Margin13.54% Return on Equity13.40% Return on Assets7.10% Debt Debt-to-Equity Ratio0.45 Current Ratio3.99 Quick Ratio3.20 Sales & Book Value Annual Sales$1.15 billion Price / Sales2.41 Cash Flow$6.83 per share Price / Cash Flow12.96 Book Value$31.01 per share Price / Book2.86Miscellaneous Outstanding Shares31,200,000Free Float30,913,000Market Cap$2.76 billion OptionableOptionable Beta1.28 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Gunnar Kleveland (Age 54)President, CEO & Director Comp: $1.55MMr. Robert Daniel Starr (Age 56)Executive VP & CFO Comp: $1.16MMr. Joseph M. Gaug (Age 61)VP, Secretary & General Counsel Comp: $930.67kMr. Daniel A. Halftermeyer (Age 63)President of Machine Clothing Comp: $1.61MMr. Gregory N. Harwell (Age 60)President of Albany Engineered Composites Comp: $1.06MMr. John J. Tedone (Age 59)VP, Controller & Chief Accounting Officer Mr. Robert A. Hansen (Age 67)Senior VP & CTO Comp: $459.64kMr. John B. HobbsDirector of Investor RelationsSusan SiegelVice President of Corporate CommunicationsMs. Alice McCarvill (Age 59)Executive VP of Human Resources & Chief Human Resources Officer Comp: $646.94kMore ExecutivesKey CompetitorsMueller Water ProductsNYSE:MWAESCO TechnologiesNYSE:ESEClear SecureNYSE:YOUConstelliumNYSE:CSTMBradyNYSE:BRCView All CompetitorsInsiders & InstitutionsUS Bancorp DESold 3,775 shares on 5/8/2024Ownership: 0.023%ProShare Advisors LLCBought 433 shares on 5/8/2024Ownership: 0.020%Russell Investments Group Ltd.Bought 2,806 shares on 5/8/2024Ownership: 0.009%Illinois Municipal Retirement FundSold 278 shares on 5/7/2024Ownership: 0.057%SG Americas Securities LLCBought 1,094 shares on 5/7/2024Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions AIN Stock Analysis - Frequently Asked Questions Should I buy or sell Albany International stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last twelve months. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AIN shares. 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 AIN analyst ratings or view top-rated stocks. What is Albany International's stock price target for 2024? 5 Wall Street analysts have issued 12-month price objectives for Albany International's shares. Their AIN share price targets range from $95.00 to $120.00. On average, they anticipate the company's share price to reach $102.00 in the next twelve months. This suggests a possible upside of 16.1% from the stock's current price. View analysts price targets for AIN or view top-rated stocks among Wall Street analysts. How have AIN shares performed in 2024? Albany International's stock was trading at $98.22 at the beginning of the year. Since then, AIN shares have decreased by 10.5% and is now trading at $87.89. View the best growth stocks for 2024 here. Are investors shorting Albany International? Albany International saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 223,000 shares, a decline of 11.0% from the March 31st total of 250,500 shares. Based on an average daily volume of 133,200 shares, the short-interest ratio is presently 1.7 days. 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 Wednesday, July 24th 2024. View our AIN earnings forecast. How were Albany International's earnings last quarter? Albany International Corp. (NYSE:AIN) announced its quarterly earnings results on Tuesday, April, 30th. The textile maker reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.03. The textile maker earned $313.33 million during the quarter, compared to analyst estimates of $313.41 million. Albany International had a net margin of 9.35% and a trailing twelve-month return on equity of 13.40%. The firm's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.91 earnings per share. How often does Albany International pay dividends? What is the dividend yield for Albany International? Albany International announced a quarterly dividend on Friday, February 23rd. Stockholders of record on Friday, March 15th will be given a dividend of $0.26 per share on Friday, April 5th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for AIN. Is Albany International a good dividend stock? Albany International (NYSE:AIN) pays an annual dividend of $1.04 per share and currently has a dividend yield of 1.23%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 29.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIN will have a dividend payout ratio of 22.61% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AIN. What ETFs hold Albany International's stock? ETFs with the largest weight of Albany International (NYSE:AIN) stock in their portfolio include Invesco S&P SmallCap Industrials ETF (PSCI) and Harbor Corporate Culture Small Cap ETF (HAPS).SPDR S&P 600 Small Cap ETF (SLY). What guidance has Albany International issued on next quarter's earnings? Albany International updated its FY 2024 earnings guidance on Monday, April, 29th. The company provided EPS guidance of 3.550-4.050 for the period, compared to the consensus earnings per share estimate of 3.970. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. 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). Who are Albany International's major shareholders? Albany International's stock is owned by a number of institutional and retail investors. Top institutional investors include Sei Investments Co. (2.23%), Principal Financial Group Inc. (1.81%), Wasatch Advisors LP (0.84%), Raymond James & Associates (0.38%), Assenagon Asset Management S.A. (0.25%) and Rice Hall James & Associates LLC (0.17%). Insiders that own company stock include Christine L Standish, Daniel A Halftermeyer, Gunnar Kleveland, Robert Alan Hansen and Robert D Starr. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:AIN) was last updated on 5/8/2024 by MarketBeat.com Staff From Our PartnersThe #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique WaySmallcaps DailyElon Musk Secret Crypto Plot ExposedCrypto 101 MediaAI “wealth window” is closing June 25thParadigm PressShocking: One AI startup's revenue could surge 4,735%Manward PressForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingGold Set to EXPLODE!Gold Safe ExchangeCharles Payne Demystifies OptionsUnstoppable ProsperityThe AI Stock that’s Disrupting Every IndustryStockEarnings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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