Armstrong World Industries - AWI Stock Forecast, Price & News

10 Wall Street equities 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 equities 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 expect the company's share price to reach $112.80 in the next twelve months. This suggests a possible upside of 43.4% 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 stock has decreased by 32.3% and is now trading at $78.65.
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Armstrong World Industries saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 634,700 shares, an increase of 14.2% from the August 15th total of 555,900 shares. Based on an average daily volume of 271,700 shares, the short-interest ratio is currently 2.3 days. Currently, 1.4% of the shares of the stock are sold short.
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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 data 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 earned $321 million during the quarter, compared to the consensus estimate of $317.19 million. Armstrong World Industries had a trailing twelve-month return on equity of 41.11% and a net margin of 16.07%. The firm's revenue for the quarter was up 14.6% on a year-over-year basis. During the same period in the prior year, the business earned $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 given a dividend of $0.231 per share on Thursday, August 18th. This represents a $0.92 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend 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 1.16%. 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 issued an update on its FY 2022 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share (EPS) guidance of $5.10-$5.20 for the period, compared to the consensus 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 retail and institutional investors. Top institutional shareholders include London Co. of Virginia (5.57%), Lazard Asset Management LLC (4.79%), Cantillon Capital Management LLC (3.84%), Kayne Anderson Rudnick Investment Management LLC (3.82%), River Road Asset Management LLC (2.98%) and Cooke & Bieler LP (2.79%). 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 $78.65.

Armstrong World Industries (NYSE:AWI) has a market capitalization of $3.65 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.