S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
How major US stock indexes fared Thursday, 3/28/2024
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
How major US stock indexes fared Thursday, 3/28/2024
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
How major US stock indexes fared Thursday, 3/28/2024
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
How major US stock indexes fared Thursday, 3/28/2024
NYSE:AWI

Armstrong World Industries (AWI) Stock Price, News & Analysis

$124.22
-0.25 (-0.20%)
(As of 03/28/2024 ET)
Today's Range
$124.10
$125.16
50-Day Range
$96.78
$124.85
52-Week Range
$62.03
$125.56
Volume
355,325 shs
Average Volume
393,743 shs
Market Capitalization
$5.44 billion
P/E Ratio
24.84
Dividend Yield
0.90%
Price Target
$98.29

Armstrong World Industries MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
20.9% Downside
$98.29 Price Target
Short Interest
Healthy
2.04% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.04
Upright™ Environmental Score
News Sentiment
0.94mentions of Armstrong World Industries in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.54%
From $5.74 to $6.23 Per Share

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.

4.02 out of 5 stars

Construction Sector

24th out of 103 stocks

Plastics Products, Not Elsewhere Classified Industry

4th out of 10 stocks

AWI stock logo

About Armstrong World Industries Stock (NYSE:AWI)

Armstrong World Industries, Inc., together with its subsidiaries, engages in the design, manufacture, and sale of ceiling and wall solutions in the Americas. It operates through Mineral Fiber and Architectural Specialties segments. The company offers mineral fiber, fiberglass wool, metal, wood, felt, wood fiber, and glass-reinforced-gypsum; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings, walls, and facades for use in commercial settings; and manufactures ceiling suspension system (grid) products. It serves commercial and residential construction markets, as well as renovation of existing buildings sectors. The company sells its products to resale distributors, ceiling system contractors, wholesalers, and retailers comprising large home centers. Armstrong World Industries, Inc. was founded in 1860 and is headquartered in Lancaster, Pennsylvania.

AWI Stock Price History

AWI Stock News Headlines

Armstrong World Industries (NYSE:AWI) Upgraded at StockNews.com
4x Better than Bitcoin
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Armstrong World Industries Inc
4x Better than Bitcoin
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Q4 2023 Armstrong World Industries Inc Earnings Call
Recap: Armstrong World Indus Q4 Earnings
Armstrong World Industries Q4 Adj. Profit Rises
Armstrong World Industries Inc.
Armstrong World declares $0.28 dividend
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Ex-Dividend for 3/14 Dividend
2/28/2024
Dividend Payable
3/14/2024
Today
3/29/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Plastics products, not elsewhere classified
Sub-Industry
Building Products
CUSIP
04247X10
CIK
7431
Employees
3,100
Year Founded
1860

Price Target and Rating

Average Stock Price Target
$98.29
High Stock Price Target
$132.00
Low Stock Price Target
$73.00
Potential Upside/Downside
-20.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$223.80 million
Pretax Margin
23.03%

Debt

Sales & Book Value

Annual Sales
$1.30 billion
Cash Flow
$7.45 per share
Book Value
$13.40 per share

Miscellaneous

Free Float
43,330,000
Market Cap
$5.44 billion
Optionable
Optionable
Beta
1.12

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AWI Stock Analysis - Frequently Asked Questions

Should I buy or sell Armstrong World Industries stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Armstrong World Industries in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AWI shares.
View AWI analyst ratings
or view top-rated stocks.

What is Armstrong World Industries' stock price target for 2024?

6 equities research analysts have issued twelve-month target prices for Armstrong World Industries' shares. Their AWI share price targets range from $73.00 to $132.00. On average, they expect the company's share price to reach $98.29 in the next year. This suggests that the stock has a possible downside of 20.9%.
View analysts price targets for AWI
or view top-rated stocks among Wall Street analysts.

How have AWI shares performed in 2024?

Armstrong World Industries' stock was trading at $98.32 at the beginning of the year. Since then, AWI stock has increased by 26.3% and is now trading at $124.22.
View the best growth stocks for 2024 here
.

Are investors shorting Armstrong World Industries?

Armstrong World Industries saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 884,400 shares, a decline of 29.2% from the February 29th total of 1,250,000 shares. Based on an average trading volume of 360,900 shares, the short-interest ratio is presently 2.5 days. Currently, 2.0% 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, April 23rd 2024.
View our AWI earnings forecast
.

How were Armstrong World Industries' earnings last quarter?

Armstrong World Industries, Inc. (NYSE:AWI) issued its quarterly earnings data on Tuesday, February, 20th. The construction company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.04 by $0.18. The construction company had revenue of $312.30 million for the quarter, compared to analyst estimates of $305.44 million. Armstrong World Industries had a trailing twelve-month return on equity of 41.56% and a net margin of 17.28%. Armstrong World Industries's revenue was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.08 EPS.

How often does Armstrong World Industries pay dividends? What is the dividend yield for Armstrong World Industries?

Armstrong World Industries declared a quarterly dividend on Wednesday, February 14th. Shareholders of record on Thursday, February 29th will be paid a dividend of $0.28 per share on Thursday, March 14th. This represents a $1.12 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Wednesday, February 28th.
Read our dividend analysis for AWI
.

Is Armstrong World Industries a good dividend stock?

Armstrong World Industries (NYSE:AWI) pays an annual dividend of $1.12 per share and currently has a dividend yield of 0.90%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 22.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AWI will have a dividend payout ratio of 17.98% next year. This indicates that the company will be able to sustain or increase its dividend.
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 iShares U.S. Infrastructure ETF (IFRA).Timothy Plan US Small Cap Core ETF (TPSC).

What guidance has Armstrong World Industries issued on next quarter's earnings?

Armstrong World Industries issued an update on its FY24 earnings guidance on Tuesday, February, 20th. The company provided EPS guidance of $5.60-$5.90 for the period, compared to the consensus EPS estimate of $5.64. The company issued revenue guidance of $1.335-$1.375 billion, compared to the consensus revenue estimate of $1.33 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).

Who are Armstrong World Industries' major shareholders?

Armstrong World Industries' stock is owned by many different retail and institutional investors. Top institutional investors include Capital International Investors (11.32%), Vanguard Group Inc. (10.78%), Vanguard Group Inc. (10.87%), Price T Rowe Associates Inc. MD (3.59%), Price T Rowe Associates Inc. MD (3.59%) and River Road Asset Management LLC (3.23%). Insiders that own company stock include Charles M Chiappone, Ellen R Romano, Gaines Wehrle, Mark A Hershey 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NYSE:AWI) was last updated on 3/29/2024 by MarketBeat.com Staff

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