NYSE:AWI Armstrong World Industries (AWI) Stock Forecast, Price & News $71.12 -0.98 (-1.36%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$70.83▼$72.3550-Day Range$71.12▼$78.6152-Week Range$62.03▼$85.09Volume324,546 shsAverage Volume278,390 shsMarket Capitalization$3.18 billionP/E Ratio15.13Dividend Yield1.43%Price Target$84.13 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Armstrong World Industries MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside18.3% Upside$84.13 Price TargetShort InterestHealthy1.80% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.04Upright™ Environmental ScoreNews Sentiment1.18Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth7.93%From $4.92 to $5.31 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.55 out of 5 starsConstruction Sector38th out of 96 stocksPlastics Products, Not Elsewhere Classified Industry6th out of 10 stocks 2.2 Analyst's Opinion Consensus RatingArmstrong World Industries has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $84.13, Armstrong World Industries has a forecasted upside of 18.3% from its current price of $71.12.Amount of Analyst CoverageArmstrong World Industries has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.80% of the float of Armstrong World Industries has been sold short.Short Interest Ratio / Days to CoverArmstrong World Industries has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Armstrong World Industries has recently decreased by 9.86%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldArmstrong World Industries pays a meaningful dividend of 1.43%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthArmstrong World Industries has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Armstrong World Industries is 21.70%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Armstrong World Industries will have a dividend payout ratio of 19.21% next year. This indicates that Armstrong World Industries will be able to sustain or increase its dividend. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreArmstrong World Industries has received a -4.61% net impact score from Upright. The largest negative impact of Armstrong World Industries in category "GHG emissions" seems to be driven mostly by its "Precast wall slabs", "Sheet-metal wall slabs", and "Mineral wool ceiling panels" products. See details.Environmental SustainabilityThe Environmental Impact score for Armstrong World Industries is -3.04. Previous Next 2.9 News and Social Media Coverage News SentimentArmstrong World Industries has a news sentiment score of 1.18. 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 0.67 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Armstrong World Industries this week, compared to 3 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Armstrong World Industries insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.09% of the stock of Armstrong World Industries is held by insiders.Percentage Held by Institutions98.93% of the stock of Armstrong World Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Armstrong World Industries are expected to grow by 7.93% in the coming year, from $4.92 to $5.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Armstrong World Industries is 15.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Armstrong World Industries is 15.13, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 15.32.Price to Earnings Growth RatioArmstrong World Industries has a PEG Ratio of 1.71. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioArmstrong World Industries has a P/B Ratio of 6.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Armstrong World Industries (NYSE:AWI) StockArmstrong World Industries, Inc., together with its subsidiaries, designs, manufactures, and sells ceiling and wall systems in the United States, Canada, and Latin America. It operates through Mineral Fiber and Architectural Specialties segments. The company offers suspended mineral fiber, soft fiber, fiberglass wool, and metal ceiling systems, as well as wood, wood fiber, glass-reinforced-gypsum, and felt ceiling and wall products; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings and walls for use in commercial settings; and facade and partition products. It serves commercial and residential construction markets, as well as renovation of existing buildings sectors. The company sells its products to resale distributors, ceiling system contractors, wholesalers, and retailers comprising large home centers. Armstrong World Industries, Inc. was founded in 1860 and is headquartered in Lancaster, Pennsylvania.Read More AWI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AWI Stock News HeadlinesSeptember 22, 2023 | americanbankingnews.comStockNews.com Downgrades Armstrong World Industries (NYSE:AWI) to HoldSeptember 21, 2023 | finance.yahoo.comWhy Armstrong World Industries (AWI) is a Top Value Stock for the Long-TermSeptember 24, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 16, 2023 | americanbankingnews.comHead to Head Survey: Armstrong World Industries (NYSE:AWI) vs. Rockwool A/S (OTCMKTS:RKWBF)August 31, 2023 | finance.yahoo.comEstimating The Fair Value Of Armstrong World Industries, Inc. (NYSE:AWI)August 29, 2023 | finance.yahoo.comArmstrong World Industries to Attend the 2023 Jefferies Industrials ConferenceAugust 24, 2023 | finance.yahoo.comWhy Is Armstrong World Industries (AWI) Down 6.1% Since Last Earnings Report?July 28, 2023 | finance.yahoo.comKBR Q2 Earnings Beat Estimates, Revenues Miss, EBITDA View UpSeptember 24, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...July 28, 2023 | finance.yahoo.comUnited Rentals (URI) Q2 Earnings & Revenues Top, '23 View UpJuly 26, 2023 | markets.businessinsider.comLoop Capital Markets Remains a Hold on Armstrong World (AWI)July 26, 2023 | msn.comUBS Maintains Armstrong World Industries (AWI) Sell RecommendationJuly 26, 2023 | finance.yahoo.comQ2 2023 Armstrong World Industries Inc Earnings CallJuly 26, 2023 | finance.yahoo.comIs Now The Time To Put Armstrong World Industries (NYSE:AWI) On Your Watchlist?July 26, 2023 | finance.yahoo.comArmstrong World's (AWI) Q2 Earnings Top, Margins Rise Y/YJuly 26, 2023 | seekingalpha.comArmstrong World Industries Q2 2023 Performance: A Bullish OutlookJuly 26, 2023 | markets.businessinsider.comGoldman Sachs Remains a Buy on Armstrong World (AWI)July 26, 2023 | finance.yahoo.comCompared to Estimates, Armstrong World Industries (AWI) Q2 Earnings: A Look at Key MetricsJuly 25, 2023 | finance.yahoo.comArmstrong World Industries Reports Second-Quarter 2023 ResultsJuly 24, 2023 | benzinga.comPreview: Armstrong World Indus's EarningsJuly 24, 2023 | finance.yahoo.comArmstrong World Industries Acquires BŌK Modern and Expands its Architectural Metal CapabilitiesJuly 20, 2023 | finance.yahoo.comMineral Fiber Unit to Aid Armstrong World's (AWI) Q2 EarningsJuly 20, 2023 | benzinga.comArmstrong World Industries Boosts Share Buyback By $500MJuly 20, 2023 | finance.yahoo.comArmstrong World Industries Releases 2023 Sustainability ReportJuly 19, 2023 | marketwatch.comArmstrong World Industries Boosts Buyback Program by $500 MillionJuly 19, 2023 | finance.yahoo.comArmstrong World Industries Announces Increase to Share Repurchase Program and Quarterly DividendJuly 14, 2023 | msn.comJefferies Maintains Armstrong World Industries (AWI) Hold RecommendationSee More Headlines Receive AWI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Armstrong World Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address AWI Company Calendar Last Earnings7/25/2023Ex-Dividend for 8/17 Dividend8/02/2023Dividend Payable8/17/2023Today9/24/2023Next Earnings (Estimated)10/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Plastics products, not elsewhere classified Sub-IndustryBuilding Products SectorConstruction Current SymbolNYSE:AWI CUSIP04247X10 CIK7431 Webwww.armstrongceilings.com Phone(717) 397-0611Fax717-396-6133Employees3,000Year Founded1860Price Target and Rating Average Stock Price Forecast$84.13 High Stock Price Forecast$100.00 Low Stock Price Forecast$73.00 Forecasted Upside/Downside+18.3%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$4.70 Trailing P/E Ratio15.13 Forward P/E Ratio14.46 P/E Growth1.71Net Income$202.90 million Net Margins16.90% Pretax Margin21.73% Return on Equity41.52% Return on Assets13.18% Debt Debt-to-Equity Ratio1.16 Current Ratio2.05 Quick Ratio1.43 Sales & Book Value Annual Sales$1.23 billion Price / Sales2.58 Cash Flow$6.67 per share Price / Cash Flow10.67 Book Value$11.72 per share Price / Book6.07Miscellaneous Outstanding Shares44,720,000Free Float44,234,000Market Cap$3.18 billion OptionableOptionable Beta1.14 Social Links 10 Best Stocks to Own in 2023Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Victor D. Grizzle (Age 61)Pres, CEO & Director Comp: $1.84MMr. Christopher P. Calzaretta (Age 46)Sr. VP & CFO Comp: $961.57kMr. Austin K. So (Age 50)Sr. VP, Gen. Counsel, Chief Compliance Officer & Sec. Comp: $728.42kMr. Mark A. Hershey (Age 53)Sr. VP of Americas Comp: $793kTheresa WombleVP of Investor Relations & Corp. CommunicationsMs. Monica Maheshwari (Age 53)Sr. VP of HR Ms. Jill A. Crager (Age 59)Sr. VP of Sales Operations Ms. Helen Sahi LEED GAVP of SustainabilityMr. James T. Burge (Age 46)VP & Corp. Controller More ExecutivesKey CompetitorsAZEKNYSE:AZEKM.D.C.NYSE:MDCGates IndustrialNYSE:GTESInstalled Building ProductsNYSE:IBPArcosaNYSE:ACAView All CompetitorsInsiders & InstitutionsBarclays PLCBought 7,788 shares on 9/21/2023Ownership: 0.038%Comerica BankBought 129,358 shares on 8/22/2023Ownership: 0.289%California State Teachers Retirement SystemSold 2,064 shares on 8/21/2023Ownership: 0.123%Osaic Holdings Inc.Bought 539 shares on 8/21/2023Ownership: 0.021%Orion Portfolio Solutions LLCSold 3,040 shares on 8/17/2023Ownership: 0.097%View All Insider TransactionsView All Institutional Transactions AWI Stock - Frequently Asked Questions Should I buy or sell Armstrong World Industries stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Armstrong World Industries in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AWI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AWI, but not buy additional shares or sell existing shares. View AWI analyst ratings or view top-rated stocks. What is Armstrong World Industries' stock price forecast for 2023? 9 analysts have issued 1 year target prices for Armstrong World Industries' shares. Their AWI share price forecasts range from $73.00 to $100.00. On average, they predict the company's stock price to reach $84.13 in the next year. This suggests a possible upside of 18.3% from the stock's current price. View analysts price targets for AWI or view top-rated stocks among Wall Street analysts. How have AWI shares performed in 2023? Armstrong World Industries' stock was trading at $68.59 at the beginning of the year. Since then, AWI stock has increased by 3.7% and is now trading at $71.12. View the best growth stocks for 2023 here. Are investors shorting Armstrong World Industries? Armstrong World Industries saw a drop in short interest in August. As of August 31st, there was short interest totaling 796,500 shares, a drop of 9.9% from the August 15th total of 883,600 shares. Based on an average daily trading volume, of 309,000 shares, the short-interest ratio is presently 2.6 days. Currently, 1.8% of the shares of the stock are sold short. View Armstrong World Industries' Short Interest. When is Armstrong World Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023. View our AWI earnings forecast. How were Armstrong World Industries' earnings last quarter? Armstrong World Industries, Inc. (NYSE:AWI) announced its earnings results on Tuesday, July, 25th. The construction company reported $1.38 earnings per share for the quarter, beating analysts' consensus estimates of $1.31 by $0.07. The construction company had revenue of $325.40 million for the quarter, compared to analysts' expectations of $335.43 million. Armstrong World Industries had a net margin of 16.90% and a trailing twelve-month return on equity of 41.52%. The company's revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.29 EPS. How often does Armstrong World Industries pay dividends? What is the dividend yield for Armstrong World Industries? Armstrong World Industries announced a quarterly dividend on Wednesday, July 19th. Stockholders of record on Thursday, August 3rd will be given a dividend of $0.254 per share on Thursday, August 17th. This represents a $1.02 annualized dividend and a dividend yield of 1.43%. The ex-dividend date is Wednesday, August 2nd. Read our dividend analysis for AWI. What ETFs hold Armstrong World Industries' stock? ETFs with the largest weight of Armstrong World Industries (NYSE:AWI) stock in their portfolio include iShares U.S. Infrastructure ETF (IFRA).Timothy Plan US Small Cap Core ETF (TPSC). Is Armstrong World Industries a good dividend stock? Armstrong World Industries (NYSE:AWI) pays an annual dividend of $1.02 per share and currently has a dividend yield of 1.43%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AWI will have a dividend payout ratio of 19.21% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AWI. What guidance has Armstrong World Industries issued on next quarter's earnings? Armstrong World Industries issued an update on its FY 2023 earnings guidance on Tuesday, July, 25th. The company provided earnings per share guidance of $4.85-$5.05 for the period, compared to the consensus estimate of $4.81. The company issued revenue guidance of $1.26 billion-$1.30 billion, compared to the consensus revenue estimate of $1.27 billion. What is Victor Grizzle's approval rating as Armstrong World Industries' CEO? 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. What other stocks do shareholders of Armstrong World Industries own? 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). What is Armstrong World Industries' stock symbol? Armstrong World Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "AWI." Who are Armstrong World Industries' major shareholders? Armstrong World Industries' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Capital International Investors (10.95%), London Co. of Virginia (5.76%), BlackRock Inc. (4.72%), River Road Asset Management LLC (4.51%), Kayne Anderson Rudnick Investment Management LLC (3.44%) and Cooke & Bieler LP (2.71%). Insiders that own company stock include Charles M Chiappone, Ellen R Romano, Gaines Wehrle, Mark A Hershey, Stephen F Mcnamara and Victor Grizzle. View institutional ownership trends. How do I buy shares of Armstrong World Industries? Shares of AWI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Armstrong World Industries' stock price today? One share of AWI stock can currently be purchased for approximately $71.12. How much money does Armstrong World Industries make? Armstrong World Industries (NYSE:AWI) has a market capitalization of $3.18 billion and generates $1.23 billion in revenue each year. The construction company earns $202.90 million in net income (profit) each year or $4.70 on an earnings per share basis. How many employees does Armstrong World Industries have? The company employs 3,000 workers across the globe. Does Armstrong World Industries have any subsidiaries? The following companies are subsidiares of Armstrong World Industries: AWI Licensing Company, Architectural Components Group Inc, Arktura LLC, Armstrong Cork Finance LLC, Armstrong Ventures Inc, Armstrong World Industries (Delaware) LLC, MRK Industries Inc, Moz Designs, Plasterform, Steel Ceilings Inc, and Turf Design.Read More How can I contact Armstrong World Industries? Armstrong World Industries' mailing address is 2500 COLUMBIA AVE, LANCASTER PA, 17603. The official website for the company is www.armstrongceilings.com. The construction company can be reached via phone at (717) 397-0611, via email at twaters@armstrongceilings.com, or via fax at 717-396-6133. This page (NYSE:AWI) was last updated on 9/24/2023 by MarketBeat.com Staff 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 Armstrong World Industries, Inc. 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. 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