Armstrong World Industries (AWI) Stock Price, News & Analysis

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Armstrong World Industries in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AWI shares.
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6 brokerages have issued 12-month price targets for Armstrong World Industries' stock. Their AWI share price targets range from $73.00 to $132.00. On average, they expect the company's stock price to reach $98.29 in the next twelve months. This suggests that the stock has a possible downside of 15.6%.
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Armstrong World Industries' stock was trading at $98.32 at the beginning of the year. Since then, AWI stock has increased by 18.5% and is now trading at $116.50.
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Armstrong World Industries saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 684,500 shares, a decline of 22.6% from the March 15th total of 884,400 shares. Based on an average trading volume of 382,600 shares, the short-interest ratio is presently 1.8 days. Approximately 1.6% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our AWI earnings forecast.

Armstrong World Industries will be holding an earnings conference call on Tuesday, April 30th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Armstrong World Industries, Inc. (NYSE:AWI) released its quarterly earnings results on Tuesday, February, 20th. The construction company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.18. The construction company earned $312.30 million during the quarter, compared to analyst estimates of $305.44 million. Armstrong World Industries had a net margin of 17.28% and a trailing twelve-month return on equity of 41.56%. The firm's revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter last year, the company earned $1.08 earnings per share.

Armstrong World Industries declared a quarterly dividend on Wednesday, February 14th. Investors of record on Thursday, February 29th will be paid a dividend of $0.28 per share on Thursday, March 14th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend is Wednesday, February 28th.
Read our dividend analysis for AWI.

Armstrong World Industries (NYSE:AWI) pays an annual dividend of $1.12 per share and currently has a dividend yield of 0.96%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 22.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AWI will have a dividend payout ratio of 17.98% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AWI.

ETFs with the largest weight of Armstrong World Industries (NYSE:AWI) stock in their portfolio include Invesco S&P SmallCap Industrials ETF (PSCI), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Invesco S&P SmallCap Momentum ETF (XSMO), Invesco S&P SmallCap Low Volatility ETF (XSLV), Vanguard S&P Small-Cap 600 Growth ETF (VIOG), SPDR S&P 600 Small Cap Growth ETF (SLYG), iShares U.S. Infrastructure ETF (IFRA) and Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS).

Armstrong World Industries issued an update on its FY24 earnings guidance on Tuesday, February, 20th. The company provided EPS guidance of $5.60-$5.90 for the period, compared to the consensus estimate of $5.64. The company issued revenue guidance of $1.335-$1.375 billion, compared to the consensus revenue estimate of $1.33 billion.

50 employees have rated Armstrong World Industries Chief Executive Officer Victor Grizzle on Glassdoor.com. Victor Grizzle has an approval rating of 80% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Armstrong World Industries investors own include Carnival Co. & (CCL), Armstrong Flooring (AFI), Coty (COTY), NVIDIA (NVDA), AT&T (T), Intel (INTC), Advanced Micro Devices (AMD), Coca-Cola (KO), L Brands (LB) and Altria Group (MO).

Armstrong World Industries' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.72%), Salvus Wealth Management LLC (0.06%), Tealwood Asset Management Inc. (0.03%), Park Avenue Securities LLC (0.01%), AdvisorNet Financial Inc (0.01%) and NBC Securities Inc. (0.01%). Insiders that own company stock include Charles M Chiappone, Ellen R Romano, Gaines Wehrle, Mark A Hershey and Victor Grizzle.
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Shares of AWI 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.
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