Armstrong World Industries - AWI Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Armstrong World Industries in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 3 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.
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7 equities research analysts have issued 12-month price targets for Armstrong World Industries' stock. Their AWI share price forecasts range from $71.00 to $110.00. On average, they predict the company's stock price to reach $89.00 in the next year. This suggests a possible upside of 9.4% from the stock's current price.
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Armstrong World Industries' stock was trading at $68.59 at the start of the year. Since then, AWI stock has increased by 18.6% and is now trading at $81.36.
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Armstrong World Industries saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 900,100 shares, a decline of 10.9% from the December 31st total of 1,010,000 shares. Based on an average daily trading volume, of 375,800 shares, the short-interest ratio is presently 2.4 days. Approximately 2.0% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
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Armstrong World Industries will be holding an earnings conference call on Tuesday, February 21st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Armstrong World Industries, Inc. (NYSE:AWI) posted its earnings results on Monday, October, 25th. The construction company reported $1.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.28 by $0.11. The construction company earned $292.20 million during the quarter, compared to the consensus estimate of $292.01 million. Armstrong World Industries had a net margin of 16.18% and a trailing twelve-month return on equity of 42.46%. The company's revenue for the quarter was up 18.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.07 earnings per share.

Armstrong World Industries declared a quarterly dividend on Wednesday, October 19th. Shareholders of record on Thursday, November 3rd will be paid a dividend of $0.254 per share on Thursday, November 17th. This represents a $1.02 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date is Wednesday, November 2nd. This is an increase from the stock's previous quarterly dividend of $0.23.
Read our dividend analysis for AWI.

Armstrong World Industries (NYSE:AWI) pays an annual dividend of $1.02 per share and currently has a dividend yield of 1.27%. 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 24.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AWI will have a dividend payout ratio of 19.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AWI.

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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "AWI."

Armstrong World Industries' stock is owned by many different institutional and retail investors. Top institutional investors include River Road Asset Management LLC (3.10%), Yacktman Asset Management LP (2.51%), Rice Hall James & Associates LLC (0.58%), Allspring Global Investments Holdings LLC (0.55%), Ceredex Value Advisors LLC (0.51%) and Natixis Advisors L.P. (0.39%). Insiders that own company stock include Charles M Chiappone, Ellen R Romano, Gaines Wehrle, Mark A Hershey, Stephen F Mcnamara 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AWI stock can currently be purchased for approximately $81.36.

Armstrong World Industries (NYSE:AWI) has a market capitalization of $3.71 billion and generates $1.11 billion in revenue each year. The construction company earns $183.20 million in net income (profit) each year or $4.18 on an earnings per share basis.

The company employs 2,800 workers across the globe.

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.