Armstrong World Industries - AWI Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Armstrong World Industries in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 analysts have issued 1 year price objectives for Armstrong World Industries' shares. 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 7.6% from the stock's current price.
View analysts price targets for AWI or view top-rated stocks among Wall Street analysts.

Armstrong World Industries' stock was trading at $68.59 at the start of the year. Since then, AWI stock has increased by 20.6% and is now trading at $82.73.
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Armstrong World Industries saw a decrease in short interest in January. As of January 15th, there was short interest totaling 900,100 shares, a decrease of 10.9% from the December 31st total of 1,010,000 shares. Based on an average trading volume of 375,800 shares, the short-interest ratio is currently 2.4 days. Approximately 2.0% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
View our AWI earnings forecast.

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) announced its quarterly earnings results on Monday, October, 25th. The construction company reported $1.17 earnings per share 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 analysts' expectations of $292.01 million. Armstrong World Industries had a trailing twelve-month return on equity of 42.46% and a net margin of 16.18%. Armstrong World Industries's revenue for the quarter was up 18.6% on a year-over-year basis. During the same quarter last year, the business earned $1.07 EPS.

Armstrong World Industries announced a quarterly dividend on Wednesday, October 19th. Investors of record on Thursday, November 3rd will be given a dividend of $0.254 per share on Thursday, November 17th. This represents a $1.02 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend 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 1.31%. 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 a variety of retail and institutional investors. Top institutional shareholders 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 $82.73.

Armstrong World Industries (NYSE:AWI) has a market capitalization of $3.78 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.