NYSE:AIN Albany International (AIN) Stock Price, News & Analysis → Exposed: 10 CENT Crypto to Explode May 20th? (From True Market Insiders) (Ad) Free AIN Stock Alerts $85.34 -2.05 (-2.35%) (As of 05/29/2024 ET) Add Compare Share Share Today's Range$84.91▼$85.7250-Day Range$79.75▼$96.4052-Week Range$78.20▼$99.41Volume98,872 shsAverage Volume131,588 shsMarket Capitalization$2.66 billionP/E Ratio23.97Dividend Yield1.22%Price Target$101.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Albany International alerts: Email Address Albany International MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside18.4% Upside$101.00 Price TargetShort InterestHealthy0.96% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.26Based on 4 Articles This WeekInsider TradingAcquiring Shares$190,290 Bought Last QuarterProj. Earnings Growth20.26%From $3.80 to $4.57 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.3.49 out of 5 starsIndustrial Products Sector74th out of 166 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 3.0 Short Interest Percentage of Shares Shorted0.96% 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 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Albany International has recently increased by 45.64%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend YieldAlbany International pays a meaningful dividend of 1.19%, 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 22.76% 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 1.8 News and Social Media Coverage News SentimentAlbany International has a news sentiment score of 0.26. 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 lower news sentiment than the 0.67 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Albany International this week, compared to 3 articles on an average week. 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 0.76% 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 20.26% in the coming year, from $3.80 to $4.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Albany International is 23.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Albany International is 23.97, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.30.Price to Earnings Growth RatioAlbany International has a PEG Ratio of 2.57. 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 2.74. 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 True Market InsidersExposed: 10 CENT Crypto to Explode May 20th?Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…Click For My #1 FREE Crypto for 2024 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 29 at 8:10 AM | americanbankingnews.comBank of America Lowers Albany International (NYSE:AIN) Price Target to $90.00May 10, 2024 | msn.comAlbany declares $0.26 dividendMay 10, 2024 | businesswire.comAlbany International Declares DividendMay 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 3, 2024 | markets.businessinsider.comAnalyst Expectations For Albany Intl's FutureMay 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 ReportMarch 15, 2024 | ca.news.yahoo.comTesla settles race bias claims by Black former workerSee 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 Earnings4/30/2024Today5/29/2024Ex-Dividend for 7/8 Dividend6/07/2024Dividend Payable7/08/2024Next 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$101.00 High Stock Price Target$120.00 Low Stock Price Target$90.00 Potential Upside/Downside+18.4%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$3.56 Trailing P/E Ratio23.97 Forward P/E Ratio22.46 P/E Growth2.6Net 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 / Sales2.32 Cash Flow$6.32 per share Price / Cash Flow13.51 Book Value$31.20 per share Price / Book2.74Miscellaneous Outstanding Shares31,200,000Free Float30,913,000Market Cap$2.66 billion OptionableOptionable Beta1.28 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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 CompetitorsDonaldsonNYSE:DCIRBC BearingsNYSE:RBCCraneNYSE:CRWatts Water TechnologiesNYSE:WTSChart IndustriesNYSE:GTLSView All CompetitorsInsiders & InstitutionsAtria Investments IncBought 16,792 shares on 5/21/2024Ownership: 0.054%Comerica BankSold 1,390 shares on 5/17/2024Ownership: 0.057%Kennedy Capital Management LLCSold 12,866 shares on 5/16/2024Ownership: 0.451%California State Teachers Retirement SystemSold 1,728 shares on 5/16/2024Ownership: 0.100%Public Employees Retirement Association of ColoradoSold 1,018 shares on 5/15/2024Ownership: 0.012%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 analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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 research analysts have issued 1 year target prices for Albany International's stock. Their AIN share price targets range from $90.00 to $120.00. On average, they anticipate the company's stock price to reach $101.00 in the next year. This suggests a possible upside of 18.4% 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 2024. Since then, AIN stock has decreased by 13.1% and is now trading at $85.34. View the best growth stocks for 2024 here. Are investors shorting Albany International? Albany International saw a increase in short interest in May. As of May 15th, there was short interest totaling 298,700 shares, an increase of 45.6% from the April 30th total of 205,100 shares. Based on an average daily trading volume, of 153,900 shares, the short-interest ratio is currently 1.9 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) posted its earnings results on Tuesday, April, 30th. The textile maker reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.87 by $0.03. The textile maker earned $313.33 million during the quarter, compared to the consensus estimate of $313.41 million. Albany International had a trailing twelve-month return on equity of 13.40% and a net margin of 9.35%. The firm's quarterly revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.91 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 10th. Stockholders of record on Friday, June 7th will be given a dividend of $0.26 per share on Monday, July 8th. This represents a $1.04 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Friday, June 7th. 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 1.19%. 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 22.76% 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), AlphaMark Actively Managed Small Cap ETF (SMCP), Harbor Corporate Culture Small Cap ETF (HAPS) and First Trust Horizon Managed Volatility Small/Mid ETF (HSMV).SPDR S&P 600 Small Cap ETF (SLY). What guidance has Albany International issued on next quarter's earnings? Albany International issued an update on its FY 2024 earnings guidance on Monday, April, 29th. The company provided earnings per share (EPS) guidance of 3.550-4.050 for the period, compared to the consensus EPS 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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.31%), Earnest Partners LLC (8.14%), Champlain Investment Partners LLC (3.23%), William Blair Investment Management LLC (2.25%), Sei Investments Co. (2.23%) and Westwood Holdings Group Inc. (2.21%). 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 5/30/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceWrite this ticker symbol down…StocksToTradeThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarBiden Nomination CANCELED?The Freeport SocietyBUY ALERT: Tiny tech play partners with US governmentStansberry ResearchGold Set to EXPLODE!Gold Safe Exchange[Urgent!] Generational Wealth GameplanCrypto 101 Media 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. Adding Albany International Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.