NYSE:AWI Armstrong World Industries (AWI) Stock Forecast, Price & News $65.30 +0.60 (+0.93%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$64.07▼$65.3750-Day Range$62.22▼$72.9452-Week Range$62.03▼$94.94Volume455,620 shsAverage Volume425,860 shsMarket Capitalization$2.95 billionP/E Ratio14.61Dividend Yield1.56%Price Target$83.63 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Armstrong World Industries MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside28.1% Upside$83.63 Price TargetShort InterestHealthy2.06% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.04Upright™ Environmental ScoreNews Sentiment0.42Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth7.82%From $4.86 to $5.24 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.31 out of 5 starsConstruction Sector32nd out of 104 stocksPlastics Products, Not Elsewhere Classified Industry7th out of 10 stocks 3.2 Analyst's Opinion Consensus RatingArmstrong World Industries has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $83.63, Armstrong World Industries has a forecasted upside of 28.1% from its current price of $65.30.Amount of Analyst CoverageArmstrong World Industries has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.06% of the float of Armstrong World Industries has been sold short.Short Interest Ratio / Days to CoverArmstrong World Industries has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Armstrong World Industries has recently increased by 6.17%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldArmstrong World Industries pays a meaningful dividend of 1.57%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthArmstrong World Industries has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Armstrong World Industries is 22.82%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Armstrong World Industries will have a dividend payout ratio of 19.47% next year. This indicates that Armstrong World Industries will be able to sustain or increase its dividend. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreArmstrong World Industries has received a -4.61% net impact score from Upright. The largest negative impact of Armstrong World Industries in category "GHG emissions" seems to be driven mostly by its "Precast wall slabs", "Sheet-metal wall slabs", and "Mineral wool ceiling panels" products. See details.Environmental SustainabilityThe Environmental Impact score for Armstrong World Industries is -3.04. Previous Next 2.5 News and Social Media Coverage News SentimentArmstrong World Industries has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Armstrong World Industries this week, compared to 3 articles on an average week.Search Interest14 people have searched for AWI on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Armstrong World Industries to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Armstrong World Industries insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.80% of the stock of Armstrong World Industries is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Armstrong World Industries are expected to grow by 7.82% in the coming year, from $4.86 to $5.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Armstrong World Industries is 14.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.30.Price to Earnings Ratio vs. SectorThe P/E ratio of Armstrong World Industries is 14.61, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 12.92.Price to Earnings Growth RatioArmstrong World Industries has a PEG Ratio of 1.58. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioArmstrong World Industries has a P/B Ratio of 5.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Armstrong World Industries (NYSE:AWI) StockArmstrong World Industries, Inc. engages in the design, manufacture, and trade of commercial and residential ceiling, wall, and suspension system solutions. It operates through the following segments: Mineral Fiber, Architectural Specialties, and Unallocated Corporate. The Mineral Fiber segment produces suspended mineral fiber and soft fiber ceiling systems for use in commercial and residential settings. The Architectural Specialties segment manufactures and sources ceilings and walls for use in commercial settings. The Unallocated Corporate segment includes assets, liabilities, income, and expenses that have not been allocated to other business segments. The company was founded by Thomas M. Armstrong in 1860 and is headquartered in Lancaster, PA.Read More Receive AWI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Armstrong World Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address AWI Stock News HeadlinesMay 30, 2023 | americanbankingnews.comStockNews.com Upgrades Armstrong World Industries (NYSE:AWI) to BuyMay 26, 2023 | finance.yahoo.comThe one-year underlying earnings growth at Armstrong World Industries (NYSE:AWI) is promising, but the shareholders are still in the red over that timeJune 6, 2023 | Behind the Markets (Ad)"The $51 Billion Laser Revolution"See how a new contract with the Pentagon could spark a 2,476% sales surge for a small laser firm >>>May 25, 2023 | finance.yahoo.comArmstrong World Industries (AWI) Down 3.8% Since Last Earnings Report: Can It Rebound?May 25, 2023 | finance.yahoo.comNational Amusements Announces Strategic Investment from BDT & MSD PartnersMay 23, 2023 | americanbankingnews.comArmstrong World Industries (NYSE:AWI) Downgraded by StockNews.comMay 16, 2023 | msn.comUnusual Put Option Trade in Armstrong World Industries (AWI) Worth $133.35KMay 12, 2023 | americanbankingnews.comArmstrong World Industries, Inc. (NYSE:AWI) Receives $83.63 Average Target Price from AnalystsJune 6, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 10, 2023 | finanznachrichten.deDIRTT Environmental Solutions: DIRTT Announces Expansion of Partnership with Armstrong World IndustriesMay 9, 2023 | finance.yahoo.comDIRTT Announces Expansion of Partnership with Armstrong World IndustriesMay 3, 2023 | americanbankingnews.comShort Interest in Armstrong World Industries, Inc. (NYSE:AWI) Increases By 9.4%May 2, 2023 | finance.yahoo.comKBR's Q1 Earnings & Revenues Beat Estimates, Backlog StrongMay 2, 2023 | finance.yahoo.comArmstrong World Industries, Inc. (NYSE:AWI) Q1 2023 Earnings Call TranscriptMay 2, 2023 | msn.comArmstrong World Industries: Positive On AUV Growth And Margin ExpansionMay 1, 2023 | seekingalpha.comArmstrong World Industries: Demand UncertaintyMay 1, 2023 | americanbankingnews.comArmstrong World Industries, Inc. (AWI) To Go Ex-Dividend on May 3rdApril 28, 2023 | markets.businessinsider.comAnalysts Are Bullish on Top Industrial Goods Stocks: Armstrong World (AWI), Allegion (ALLE)April 27, 2023 | msn.comDeutsche Bank Maintains Armstrong World Industries (AWI) Hold RecommendationApril 27, 2023 | americanbankingnews.comArmstrong World Industries, Inc. (NYSE:AWI) to Post Q2 2023 Earnings of $1.33 Per Share, Jefferies Financial Group ForecastsApril 27, 2023 | americanbankingnews.comArmstrong World Industries (NYSE:AWI) Price Target Increased to $78.00 by Analysts at Deutsche Bank AktiengesellschaftApril 26, 2023 | uk.finance.yahoo.comArmstrong World Industries, Inc. (AWI.MX)April 26, 2023 | markets.businessinsider.com6 Analysts Have This to Say About Armstrong World IndusApril 26, 2023 | finance.yahoo.comArmstrong World's (AWI) Q1 Earnings & Revenues Top, Rise Y/YApril 26, 2023 | finance.yahoo.comQ1 2023 Armstrong World Industries Inc Earnings CallApril 25, 2023 | finance.yahoo.comArmstrong World Industries (AWI) Q1 Earnings: How Key Metrics Compare to Wall Street EstimatesApril 25, 2023 | seekingalpha.comArmstrong World Industries, Inc. 2023 Q1 - Results - Earnings Call PresentationSee More Headlines AWI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AWI Company Calendar Ex-Dividend for 3/16 Dividend3/01/2023Dividend Payable3/16/2023Last Earnings4/25/2023Ex-Dividend for 5/18 Dividend5/03/2023Dividend Payable5/18/2023Today6/05/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Plastics products, not elsewhere classified Sub-IndustryBuilding Products SectorConstruction Current SymbolNYSE:AWI CUSIP04247X10 CIK7431 Webwww.armstrongceilings.com Phone(717) 397-0611Fax717-396-6133Employees3,000Year Founded1860Price Target and Rating Average Stock Price Forecast$83.63 High Stock Price Forecast$100.00 Low Stock Price Forecast$71.00 Forecasted Upside/Downside+28.1%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$4.47 Trailing P/E Ratio14.60 Forward P/E Ratio13.43 P/E Growth1.58Net Income$202.90 million Net Margins16.32% Pretax Margin20.79% Return on Equity41.94% Return on Assets13.04% Debt Debt-to-Equity Ratio1.24 Current Ratio2.18 Quick Ratio1.49 Sales & Book Value Annual Sales$1.23 billion Price / Sales2.39 Cash Flow$6.72 per share Price / Cash Flow9.71 Book Value$11.72 per share Price / Book5.57Miscellaneous Outstanding Shares45,120,000Free Float44,307,000Market Cap$2.94 billion OptionableOptionable Beta1.10 Social Links Key ExecutivesVictor D. GrizzlePresident, Chief Executive Officer & DirectorChristopher P. CalzarettaChief Financial Officer & Senior Vice PresidentDawn Kirchner-KingChief Information OfficerAustin K. SoSecretary, Chief Compliance Officer & Senior VPJames T. BurgeVice President & ControllerKey CompetitorsAZEKNYSE:AZEKTri Pointe HomesNYSE:TPHABM IndustriesNYSE:ABMM.D.C.NYSE:MDCInstalled Building ProductsNYSE:IBPView All CompetitorsInsiders & InstitutionsPrelude Capital Management LLCBought 3,319 shares on 6/1/2023Ownership: 0.007%Mountain Pacific Investment Advisers Inc. IDSold 10,475 shares on 5/23/2023Ownership: 0.185%Toroso Investments LLCBought 5,672 shares on 5/23/2023Ownership: 0.013%Ameriprise Financial Inc.Bought 6,503 shares on 5/22/2023Ownership: 1.628%New York State Common Retirement FundSold 173 shares on 5/18/2023Ownership: 0.094%View All Insider TransactionsView All Institutional Transactions AWI Stock - Frequently Asked Questions Should I buy or sell Armstrong World Industries stock right now? 9 Wall Street 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 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. View AWI analyst ratings or view top-rated stocks. What is Armstrong World Industries' stock price forecast for 2023? 9 brokerages have issued 1-year target prices for Armstrong World Industries' stock. Their AWI share price forecasts range from $71.00 to $100.00. On average, they predict the company's share price to reach $83.63 in the next year. This suggests a possible upside of 28.1% from the stock's current price. View analysts price targets for AWI or view top-rated stocks among Wall Street analysts. How have AWI shares performed in 2023? Armstrong World Industries' stock was trading at $68.59 at the beginning of 2023. Since then, AWI shares have decreased by 4.9% and is now trading at $65.26. View the best growth stocks for 2023 here. Are investors shorting Armstrong World Industries? Armstrong World Industries saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 914,100 shares, an increase of 6.2% from the April 30th total of 861,000 shares. Based on an average trading volume of 460,400 shares, the days-to-cover ratio is presently 2.0 days. Approximately 2.1% of the shares of the stock are sold short. View Armstrong World Industries' Short Interest. When is Armstrong World Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. View our AWI earnings forecast. How were Armstrong World Industries' earnings last quarter? Armstrong World Industries, Inc. (NYSE:AWI) posted its quarterly earnings results on Tuesday, April, 25th. The construction company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.06 by $0.06. The construction company earned $310.20 million during the quarter, compared to the consensus estimate of $310.86 million. Armstrong World Industries had a trailing twelve-month return on equity of 41.94% and a net margin of 16.32%. The firm's revenue was up 9.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.02 earnings per share. How often does Armstrong World Industries pay dividends? What is the dividend yield for Armstrong World Industries? Armstrong World Industries announced a quarterly dividend on Wednesday, April 19th. Investors of record on Thursday, May 4th will be given a dividend of $0.254 per share on Thursday, May 18th. This represents a $1.02 annualized dividend and a yield of 1.56%. The ex-dividend date of this dividend is Wednesday, May 3rd. Read our dividend analysis for AWI. What ETFs hold Armstrong World Industries' stock? ETFs with the largest weight of Armstrong World Industries (NYSE:AWI) stock in their portfolio include Hoya Capital Housing ETF (HOMZ), iShares U.S. Infrastructure ETF (IFRA), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR), Etho Climate Leadership US ETF (ETHO), WisdomTree U.S. SmallCap Dividend Fund (DES), Mid Cap US Equity Select ETF (RNMC) and Gotham 1000 Value ETF (GVLU). Is Armstrong World Industries a good dividend stock? Armstrong World Industries (NYSE:AWI) pays an annual dividend of $1.02 per share and currently has a dividend yield of 1.57%. 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 22.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AWI will have a dividend payout ratio of 19.47% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AWI. What guidance has Armstrong World Industries issued on next quarter's earnings? Armstrong World Industries updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $4.80-$5.05 for the period, compared to the consensus EPS estimate of $4.83. The company issued revenue guidance of $1.26 billion-$1.31 billion, compared to the consensus revenue estimate of $1.28 billion. What is Victor Grizzle's approval rating as Armstrong World Industries' CEO? 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. What other stocks do shareholders of Armstrong World Industries own? 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). What is Armstrong World Industries' stock symbol? Armstrong World Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "AWI." Who are Armstrong World Industries' major shareholders? Armstrong World Industries' stock is owned by a variety of retail and institutional investors. Top institutional investors include London Co. of Virginia (5.95%), BlackRock Inc. (4.64%), Gates Capital Management Inc. (4.27%), Cantillon Capital Management LLC (4.18%), River Road Asset Management LLC (3.90%) and Southpoint Capital Advisors LP (3.77%). Insiders that own company stock include Charles M Chiappone, Ellen R Romano, Gaines Wehrle, Mark A Hershey, Stephen F Mcnamara and Victor Grizzle. View institutional ownership trends. How do I buy shares of Armstrong World Industries? 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. Compare Top Brokerages Here. What is Armstrong World Industries' stock price today? One share of AWI stock can currently be purchased for approximately $65.26. How much money does Armstrong World Industries make? Armstrong World Industries (NYSE:AWI) has a market capitalization of $2.94 billion and generates $1.23 billion in revenue each year. The construction company earns $202.90 million in net income (profit) each year or $4.47 on an earnings per share basis. How many employees does Armstrong World Industries have? The company employs 3,000 workers across the globe. Does Armstrong World Industries have any subsidiaries? The following companies are subsidiares of Armstrong World Industries: AWI Licensing Company, Architectural Components Group Inc, Arktura LLC, Armstrong Cork Finance LLC, Armstrong Ventures Inc, Armstrong World Industries (Delaware) LLC, MRK Industries Inc, Moz Designs, Plasterform, Steel Ceilings Inc, and Turf Design.Read More How can I contact Armstrong World Industries? 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. This page (NYSE:AWI) was last updated on 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Armstrong World Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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