Armstrong World Industries - AWI Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Armstrong World Industries in the last year. There are currently 2 sell ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AWI shares.
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10 Wall Street analysts have issued 12-month price targets for Armstrong World Industries' stock. Their AWI share price forecasts range from $82.00 to $145.00. On average, they predict the company's stock price to reach $112.80 in the next twelve months. This suggests a possible upside of 34.6% from the stock's current price.
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Armstrong World Industries' stock was trading at $116.12 on January 1st, 2022. Since then, AWI shares have decreased by 27.8% and is now trading at $83.82.
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Armstrong World Industries saw a increase in short interest in September. As of September 15th, there was short interest totaling 895,500 shares, an increase of 41.1% from the August 31st total of 634,700 shares. Based on an average daily trading volume, of 272,300 shares, the short-interest ratio is currently 3.3 days. Currently, 2.0% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
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Armstrong World Industries, Inc. (NYSE:AWI) announced its quarterly earnings results on Tuesday, July, 26th. The construction company reported $1.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.38 by $0.09. The construction company had revenue of $321 million for the quarter, compared to the consensus estimate of $317.19 million. Armstrong World Industries had a net margin of 16.07% and a trailing twelve-month return on equity of 41.11%. Armstrong World Industries's revenue was up 14.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.16 earnings per share.

Armstrong World Industries declared a quarterly dividend on Wednesday, July 20th. Stockholders of record on Thursday, August 4th will be paid a dividend of $0.231 per share on Thursday, August 18th. This represents a $0.92 annualized dividend and a dividend yield of 1.10%. The ex-dividend date is Wednesday, August 3rd.
Read our dividend analysis for AWI.

Armstrong World Industries (NYSE:AWI) pays an annual dividend of $0.92 per share and currently has a dividend yield of 1.10%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AWI will have a dividend payout ratio of 15.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AWI.

Armstrong World Industries updated its FY 2022 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share guidance of $5.10-$5.20 for the period, compared to the consensus EPS estimate of $5.02. The company issued revenue guidance of $1.23 billion-$1.25 billion, compared to the consensus revenue estimate of $1.24 billion.

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 number of institutional and retail investors. Top institutional shareholders include AdvisorNet Financial Inc (0.01%). 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 $83.82.

Armstrong World Industries (NYSE:AWI) has a market capitalization of $3.89 billion and generates $1.11 billion in revenue each year. The construction company earns $183.20 million in net income (profit) each year or $3.99 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.