NYSE:AIN Albany International (AIN) Stock Price, News & Analysis → Did You Get Your Free Bitcoin Yet? (From Crypto Swap Profits) (Ad) Free AIN Stock Alerts $93.51 -2.98 (-3.09%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$92.38▼$94.3950-Day Range$87.80▼$96.4052-Week Range$78.20▼$99.41Volume198,078 shsAverage Volume125,620 shsMarket Capitalization$2.92 billionP/E Ratio26.34Dividend Yield1.11%Price Target$110.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Albany International alerts: Email Address Albany International MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside18.2% Upside$110.50 Price TargetShort InterestHealthy1.05% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.55Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth19.49%From $3.90 to $4.66 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.33 out of 5 starsIndustrial Products Sector86th out of 171 stocksBroadwoven Fabric Mills, Manmade Industry1st out of 1 stocks 2.3 Analyst's Opinion Consensus RatingAlbany International has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $110.50, Albany International has a forecasted upside of 18.2% from its current price of $93.51.Amount of Analyst CoverageAlbany International has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.05% of the outstanding shares of Albany International have been sold short.Short Interest Ratio / Days to CoverAlbany International has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Albany International has recently increased by 12.65%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend YieldAlbany International pays a meaningful dividend of 1.10%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAlbany International has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of Albany International is 29.30%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Albany International will have a dividend payout ratio of 22.32% next year. This indicates that Albany International will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AIN. Previous Next 2.0 News and Social Media Coverage News SentimentAlbany International has a news sentiment score of 0.55. 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 news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Albany International this week, compared to 3 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Albany International insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.76% of the stock of Albany International is held by insiders.Percentage Held by Institutions97.37% of the stock of Albany International is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Albany International are expected to grow by 19.49% in the coming year, from $3.90 to $4.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Albany International is 26.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Albany International is 26.34, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.76.Price to Earnings Growth RatioAlbany International has a PEG Ratio of 3.67. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAlbany International has a P/B Ratio of 3.02. 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 Ad Behind the MarketsCentral Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.Find out how you can protect yourself now >>> About Albany International Stock (NYSE:AIN)Albany International Corp., together with its subsidiaries, engages in the machine clothing and engineered composites businesses. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, towels, pulps, nonwovens, building products, tannery, and textiles, as well as fiber cement and several other industrial applications. This segment offers paper machine clothing forming, pressing, and drying fabrics, as well as engineered processing belts; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, France, Brazil, China, Mexico, Germany, and internationally. The company was incorporated in 1895 and is headquartered in Rochester, New Hampshire.Read More AIN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AIN Stock News HeadlinesMarch 28, 2024 | msn.comAI already uses as much energy as a small country. It’s only the beginning.March 20, 2024 | businesswire.comAlbany International Issues 2023 Sustainability ReportMarch 29, 2024 | Crypto Swap Profits (Ad)Did You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.March 15, 2024 | ca.news.yahoo.comTesla settles race bias claims by Black former workerFebruary 28, 2024 | finance.yahoo.comAlbany International Full Year 2023 Earnings: Beats ExpectationsFebruary 28, 2024 | finance.yahoo.comAlbany International Corp. (NYSE:AIN) Q4 2023 Earnings Call TranscriptFebruary 27, 2024 | markets.businessinsider.comMaintaining Hold on Albany International Amid Strong Revenue but Margin PressuresFebruary 26, 2024 | msn.comAlbany International (AIN) Surpasses Q4 Earnings and Revenue EstimatesMarch 29, 2024 | Crypto 101 Media (Ad)Crypto Market Preps For Trillions Worth of Inflows! Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.February 26, 2024 | businesswire.comAlbany International Reports Fourth-Quarter 2023 ResultsFebruary 24, 2024 | msn.comAlbany County sheriff looking to expand program to help the homelessFebruary 23, 2024 | businesswire.comAlbany International Declares DividendFebruary 23, 2024 | businesswire.comBonnie C. Lind Elected to Albany International Corp. Board of DirectorsFebruary 21, 2024 | finance.yahoo.comExploring Analyst Estimates for Albany International (AIN) Q4 Earnings, Beyond Revenue and EPSFebruary 21, 2024 | wsj.comAlbany International Corp. Cl AFebruary 20, 2024 | finance.yahoo.comAlbany International Corp.'s (NYSE:AIN) Stock Is Going Strong: Have Financials A Role To Play?February 15, 2024 | finance.yahoo.comDeere (DE) Q1 Earnings and Revenues Top EstimatesFebruary 13, 2024 | finance.yahoo.comAlbany Engineered Composites to exhibit at JEC World 2024January 31, 2024 | msn.comAlbany blight attracting illegal dumping problem in neighborhoodsJanuary 22, 2024 | finance.yahoo.comAlbany International Schedules Earnings Release DateJanuary 19, 2024 | finance.yahoo.comReturn Trends At Albany International (NYSE:AIN) Aren't AppealingJanuary 16, 2024 | stocknews.com3 Rising Industrial Stocks for Positive InvestmentsJanuary 3, 2024 | finance.yahoo.comAre Investors Undervaluing Albany International Corp. (NYSE:AIN) By 27%?December 21, 2023 | finance.yahoo.comImplied Volatility Surging for Albany International (AIN) Stock OptionsDecember 18, 2023 | finance.yahoo.comAlbany International Corp's Dividend AnalysisDecember 14, 2023 | finance.yahoo.comAlbany International's (NYSE:AIN) Dividend Will Be Increased To $0.26December 13, 2023 | stocknews.com3 Industrial Stocks for a Strong Year-End PortfolioSee More Headlines Receive AIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Albany International and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 1/8 Dividend12/18/2023Dividend Payable1/08/2024Last Earnings2/27/2024Ex-Dividend for 4/5 Dividend3/14/2024Today3/29/2024Dividend Payable4/05/2024Next Earnings (Estimated)4/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Broadwoven fabric mills, manmade Sub-IndustryIndustrial Machinery Current SymbolNYSE:AIN CUSIP01234810 CIK819793 Webwww.albint.com Phone(603) 330-5850Fax603-994-3835Employees5,600Year FoundedN/APrice Target and Rating Average Stock Price Target$110.50 High Stock Price Target$121.00 Low Stock Price Target$95.00 Potential Upside/Downside+23.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$3.55 Trailing P/E Ratio26.34 Forward P/E Ratio23.98 P/E Growth3.67Net Income$111.12 million Net Margins9.68% Pretax Margin13.98% Return on Equity13.70% Return on Assets7.21% Debt Debt-to-Equity Ratio0.47 Current Ratio3.53 Quick Ratio2.85 Sales & Book Value Annual Sales$1.15 billion Price / Sales2.54 Cash Flow$6.46 per share Price / Cash Flow14.48 Book Value$31.00 per share Price / Book3.02Miscellaneous Outstanding Shares31,200,000Free Float30,963,000Market Cap$2.92 billion OptionableOptionable Beta1.26 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Joseph M. Gaug (Age 61)VP, Secretary & General Counsel Comp: $867.09kMr. Daniel A. Halftermeyer (Age 63)President of Machine Clothing Comp: $1.42MMr. Gregory N. Harwell (Age 60)President of Albany Engineered Composites Comp: $1.06MMr. Gunnar Kleveland (Age 54)President, CEO & Director Mr. Robert Daniel Starr (Age 56)Executive VP & CFO Mr. John J. Tedone (Age 59)VP, Controller & Chief Accounting Officer Mr. Robert A. Hansen (Age 67)Senior VP & CTO Comp: $459.64kMr. John B. HobbsDirector of Investor RelationsSusan SiegelVice President of Corporate CommunicationsMs. Alice McCarvill (Age 59)Executive VP of Human Resources & Chief Human Resources Officer Comp: $646.94kMore ExecutivesKey CompetitorsConstelliumNYSE:CSTMBradyNYSE:BRCUniFirstNYSE:UNFGreifNYSE:GEFJohn Bean TechnologiesNYSE:JBTView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdBought 1,108 shares on 3/25/2024Ownership: 0.020%PNC Financial Services Group Inc.Sold 513 shares on 3/22/2024Ownership: 0.027%Vanguard Group Inc.Bought 38,446 shares on 3/11/2024Ownership: 11.277%Wellington Management Group LLPSold 166,338 shares on 3/5/2024Ownership: 0.967%American International Group Inc.Sold 142 shares on 2/28/2024Ownership: 0.055%View All Insider TransactionsView All Institutional Transactions AIN Stock Analysis - Frequently Asked Questions Should I buy or sell Albany International stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Albany International in the last year. There are currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AIN shares. View AIN analyst ratings or view top-rated stocks. What is Albany International's stock price target for 2024? 4 brokers have issued 12-month price targets for Albany International's shares. Their AIN share price targets range from $95.00 to $121.00. On average, they anticipate the company's share price to reach $110.50 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price. View analysts price targets for AIN or view top-rated stocks among Wall Street analysts. How have AIN shares performed in 2024? Albany International's stock was trading at $98.22 at the start of the year. Since then, AIN stock has decreased by 4.8% and is now trading at $93.51. View the best growth stocks for 2024 here. Are investors shorting Albany International? Albany International saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 328,700 shares, an increase of 12.6% from the February 29th total of 291,800 shares. Based on an average daily trading volume, of 125,100 shares, the days-to-cover ratio is currently 2.6 days. View Albany International's Short Interest. When is Albany International's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024. View our AIN earnings forecast. How were Albany International's earnings last quarter? Albany International Corp. (NYSE:AIN) released its quarterly earnings data on Tuesday, February, 27th. The textile maker reported $1.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.38. The textile maker had revenue of $323.60 million for the quarter, compared to analyst estimates of $298.17 million. Albany International had a net margin of 9.68% and a trailing twelve-month return on equity of 13.70%. The firm's revenue was up 20.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.75 earnings per share. How often does Albany International pay dividends? What is the dividend yield for Albany International? Albany International declared a quarterly dividend on Friday, February 23rd. Stockholders of record on Friday, March 15th will be paid a dividend of $0.26 per share on Friday, April 5th. This represents a $1.04 annualized dividend and a dividend yield of 1.11%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for AIN. Is Albany International a good dividend stock? Albany International (NYSE:AIN) pays an annual dividend of $1.04 per share and currently has a dividend yield of 1.10%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 29.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIN will have a dividend payout ratio of 22.32% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AIN. What ETFs hold Albany International's stock? ETFs with the largest weight of Albany International (NYSE:AIN) stock in their portfolio include Gabelli Commercial Aerospace & Defense ETF (GCAD), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap Momentum ETF (XSMO), Vanguard S&P Small-Cap 600 Growth ETF (VIOG), SPDR S&P 600 Small Cap Growth ETF (SLYG) and iShares S&P Small-Cap 600 Growth ETF (IJT).SPDR S&P 600 Small Cap ETF (SLY). What guidance has Albany International issued on next quarter's earnings? Albany International updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of 3.550-4.050 for the period, compared to the consensus EPS estimate of 4.070. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. What is William Higgins' approval rating as Albany International's CEO? 11 employees have rated Albany International Chief Executive Officer William Higgins on Glassdoor.com. William Higgins has an approval rating of 100% among the company's employees. This puts William Higgins in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 87.0% of employees surveyed would recommend working at Albany International to a friend. What other stocks do shareholders of Albany International own? Based on aggregate information from My MarketBeat watchlists, some companies that other Albany International investors own include AbbVie (ABBV), Marvell Technology (MRVL), NVIDIA (NVDA), Bank of America (BAC), Intel (INTC), Micron Technology (MU), Bristol-Myers Squibb (BMY), Walt Disney (DIS), Enterprise Products Partners (EPD) and KLA (KLAC). Who are Albany International's major shareholders? Albany International's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.28%), Vanguard Group Inc. (11.28%), Dimensional Fund Advisors LP (3.32%), Westwood Holdings Group Inc. (2.15%), Sei Investments Co. (2.15%) and Clearbridge Investments LLC (1.92%). Insiders that own company stock include Christine L Standish, Daniel A Halftermeyer and Robert Alan Hansen. View institutional ownership trends. How do I buy shares of Albany International? Shares of AIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:AIN) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI healthcare stock poised for 36,996% growth?Behind the MarketsBill Gates is all about this tiny $2 stockTimothy Sykes 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 Albany International Corp. 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