NYSE:AWIArmstrong World Industries Stock Price, Forecast & News

Armstrong World Industries' stock was trading at $91.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AWI stock has decreased by 22.1% and is now trading at $71.31. View which stocks have been most impacted by Coronavirus.

10 Wall Street 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Armstrong World Industries.

Armstrong World Industries is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Armstrong World Industries.

Armstrong World Industries Inc (NYSE:AWI) posted its quarterly earnings results on Monday, April, 27th. The construction company reported $1.10 earnings per share for the quarter, missing analysts' consensus estimates of $1.11 by $0.01. The construction company earned $248.70 million during the quarter, compared to analysts' expectations of $250.69 million. Armstrong World Industries had a positive return on equity of 71.34% and a negative net margin of 4.86%. Armstrong World Industries's revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.10 earnings per share. View Armstrong World Industries' earnings history.

Armstrong World Industries declared a quarterly dividend on Wednesday, April 22nd. Stockholders of record on Thursday, May 7th will be given a dividend of $0.20 per share on Thursday, May 21st. This represents a $0.80 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend is Wednesday, May 6th. View Armstrong World Industries' dividend history.

10 Wall Street analysts have issued 1 year price targets for Armstrong World Industries' stock. Their forecasts range from $83.00 to $112.00. On average, they expect Armstrong World Industries' share price to reach $102.56 in the next year. This suggests a possible upside of 43.8% from the stock's current price. View analysts' price targets for Armstrong World Industries.

News stories about AWI stock have trended negative recently, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Armstrong World Industries earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave news headlines about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutArmstrong World Industries.

Armstrong World Industries saw a increase in short interest in May. As of May 15th, there was short interest totaling 762,300 shares, an increase of 16.9% from the April 30th total of 652,200 shares. Based on an average trading volume of 471,800 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.6% of the shares of the stock are sold short. View Armstrong World Industries' Current Options Chain.

Some companies that are related to Armstrong World Industries include Masco (MAS), Fortune Brands Home & Security (FBHS), Lennox International (LII), Trex (TREX), A. O. Smith (AOS), Owens Corning (OC), Simpson Manufacturing (SSD), AAON (AAON), Universal Forest Products (UFPI), Builders FirstSource (BLDR), Gibraltar Industries (ROCK), Patrick Industries (PATK), American Woodmark (AMWD), PGT Innovations (PGTI) and Griffon (GFF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Armstrong World Industries investors own include Armstrong Flooring (AFI), Carnival (CCL), NVIDIA (NVDA), Adobe (ADBE), Comcast (CMCSA), Intel (INTC), Altria Group (MO), AT&T (T), Verizon Communications (VZ) and Cognizant Technology Solutions (CTSH).

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 retail and institutional investors. Top institutional investors include Capital International Investors (8.49%), London Co. of Virginia (4.63%), BlackRock Inc. (4.44%), Cantillon Capital Management LLC (2.65%), Alliancebernstein L.P. (2.62%) and State Street Corp (1.70%). Company insiders that own Armstrong World Industries stock include David S Cookson, Ellen R Romano, Holdings LP Valueact, Mark A Hershey, Stephen F Mcnamara and Valueact Capital Master Fund,. View institutional ownership trends for Armstrong World Industries.

AWI stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, AJO LP, AQR Capital Management LLC, UBS Group AG, Jennison Associates LLC, Canada Pension Plan Investment Board, KBC Group NV, and Alliancebernstein L.P.. View insider buying and selling activity for Armstrong World Industries.

AWI stock was acquired by a variety of institutional investors in the last quarter, including London Co. of Virginia, Ranger Investment Management L.P., William Blair Investment Management LLC, APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., Fiduciary Management Inc. WI, and Capital International Investors. View insider buying and selling activity for Armstrong World Industries.

Shares of AWI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of AWI stock can currently be purchased for approximately $71.31.

Armstrong World Industries has a market capitalization of $3.41 billion and generates $1.04 billion in revenue each year. The construction company earns $214.50 million in net income (profit) each year or $4.78 on an earnings per share basis. Armstrong World Industries employs 2,500 workers across the globe.

The official website for Armstrong World Industries is www.armstrongceilings.com.

Armstrong World Industries' mailing address is 2500 COLUMBIA AVE, LANCASTER PA, 17603. The construction company can be reached via phone at 717-397-0611 or via email at [email protected]