Armstrong World Industries Stock Forecast, Price & News

9 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, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Armstrong World Industries stock. 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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Wall Street analysts have given Armstrong World Industries a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Armstrong World Industries wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Armstrong World Industries is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
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Armstrong World Industries, Inc. (NYSE:AWI) released its quarterly earnings results on Monday, July, 26th. The construction company reported $1.16 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.05 by $0.11. The construction company earned $280 million during the quarter, compared to analyst estimates of $272.23 million. Armstrong World Industries had a trailing twelve-month return on equity of 39.56% and a net margin of 16.45%. The company's quarterly revenue was up 38.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.03 earnings per share.
View Armstrong World Industries' earnings history.

Armstrong World Industries' stock was trading at $91.58 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AWI stock has increased by 9.6% and is now trading at $100.35.
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Armstrong World Industries announced a quarterly dividend on Wednesday, July 21st. Investors of record on Thursday, August 5th will be paid a dividend of $0.21 per share on Thursday, August 19th. This represents a $0.84 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend is Wednesday, August 4th.
View Armstrong World Industries' dividend history.

Armstrong World Industries pays an annual dividend of $0.84 per share and currently has a dividend yield of 0.84%. The dividend payout ratio of Armstrong World Industries is 23.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Armstrong World Industries will have a dividend payout ratio of 17.04% next year. This indicates that Armstrong World Industries will be able to sustain or increase its dividend.
View Armstrong World Industries' dividend history.

Armstrong World Industries updated its FY 2021 earnings guidance on Tuesday, August, 3rd. The company provided earnings per share (EPS) guidance of $4.200-$4.400 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.980. The company issued revenue guidance of $1.09 billion-$1.11 billion, compared to the consensus revenue estimate of $1.08 billion.

9 equities research analysts have issued 1 year price targets for Armstrong World Industries' shares. Their forecasts range from $68.00 to $124.00. On average, they anticipate Armstrong World Industries' stock price to reach $91.38 in the next year. This suggests that the stock has a possible downside of 8.9%.
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50 employees have rated Armstrong World Industries CEO Victor Grizzle on Glassdoor.com. Victor Grizzle has an approval rating of 80% among Armstrong World Industries' employees.

Some companies that are related to Armstrong World Industries include Masco (MAS), Fortune Brands Home & Security (FBHS), Trex (TREX), Lennox International (LII), Builders FirstSource (BLDR), A. O. Smith (AOS), Owens Corning (OC), Simpson Manufacturing (SSD), UFP Industries (UFPI), AAON (AAON), Gibraltar Industries (ROCK), Patrick Industries (PATK), Griffon (GFF), PGT Innovations (PGTI) and American Woodmark (AMWD).
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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), The 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 number of institutional and retail investors. Top institutional shareholders include Capital International Investors (12.26%), Price T Rowe Associates Inc. MD (10.15%), Vanguard Group Inc. (9.11%), Lazard Asset Management LLC (6.07%), BlackRock Inc. (4.05%) and Kayne Anderson Rudnick Investment Management LLC (3.91%). Company insiders that own Armstrong World Industries stock include Charles M Chiappone, Ellen R Romano, Gaines Wehrle, Mark A Hershey, Stephen F Mcnamara and Victor Grizzle.
View institutional ownership trends for Armstrong World Industries.

AWI stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Lazard Asset Management LLC, BlackRock Inc., MIG Capital LLC, Millennium Management LLC, Northern Trust Corp, Renaissance Technologies LLC, and Wells Fargo & Company MN. Company insiders that have sold Armstrong World Industries company stock in the last year include Charles M Chiappone, Ellen R Romano, Gaines Wehrle, Mark A Hershey, Stephen F Mcnamara, and Victor Grizzle.
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AWI stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Balyasny Asset Management LLC, Kayne Anderson Rudnick Investment Management LLC, Bank of New York Mellon Corp, State Street Corp, Bank of Montreal Can, Vanguard Group Inc., and River Road Asset Management LLC.
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Shares of AWI 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 $100.35.

Armstrong World Industries has a market capitalization of $4.78 billion and generates $936.90 million in revenue each year. The construction company earns $-99,100,000.00 in net income (profit) each year or $3.63 on an earnings per share basis.

Armstrong World Industries employs 2,700 workers across the globe.

Armstrong World Industries was founded in 1860.

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

Armstrong World Industries is headquartered at 2500 COLUMBIA AVE, LANCASTER PA, 17603.

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].