NYSE:AIN Albany International (AIN) Stock Price, News & Analysis → Move Your Money Before May 22 (From Stansberry Research) (Ad) Free AIN Stock Alerts $87.68 +0.30 (+0.34%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$87.33▼$88.1150-Day Range$87.38▼$96.4052-Week Range$78.20▼$99.41Volume125,087 shsAverage Volume138,671 shsMarket Capitalization$2.74 billionP/E Ratio24.70Dividend Yield1.19%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 RatingModerate Buy2.50 Rating ScoreUpside/Downside26.0% Upside$110.50 Price TargetShort InterestHealthy0.71% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.46Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth17.30%From $3.93 to $4.61 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.4.42 out of 5 starsIndustrial Products Sector31st out of 171 stocksBroadwoven Fabric Mills, Manmade Industry1st out of 1 stocks 3.3 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.Amount of Analyst CoverageAlbany International has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.71% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Albany International has recently decreased by 10.98%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend YieldAlbany International pays a meaningful dividend of 1.18%, 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 22.56% 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 2.5 News and Social Media Coverage News SentimentAlbany International has a news sentiment score of 0.46. 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 6 news articles for Albany International this week, compared to 3 articles on an average week.MarketBeat Follows5 people have added Albany International to their MarketBeat watchlist in the last 30 days. 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 17.30% in the coming year, from $3.93 to $4.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Albany International is 24.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Albany International is 24.70, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.76.Price to Earnings Growth RatioAlbany International has a PEG Ratio of 2.27. 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 2.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe Next Step of Their Control Is Here …Earlier this week, Section 702 of the Foreign Intelligence Surveillance Act (FISA) was renewed for an additional two years. What does this mean? It means the government has more time — and more ways — to surveil and control you.4 simple steps to protect your privacy and money before it’s too late. 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 HeadlinesApril 24, 2024 | finance.yahoo.comAt US$88.08, Is Albany International Corp. (NYSE:AIN) Worth Looking At Closely?April 22, 2024 | americanbankingnews.comAlbany International (AIN) to Release Quarterly Earnings on MondayApril 26, 2024 | Weiss Ratings (Ad)Protect Yourself While There’s Still Time …The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.April 22, 2024 | americanbankingnews.comAlbany International Corp. (NYSE:AIN) Receives Consensus Rating of "Moderate Buy" from AnalystsApril 20, 2024 | msn.comTop stand-up comedians coming to Phoenix: Kevin Hart, Matt Rife, Bill Burr, Tom SeguraApril 19, 2024 | msn.comAlbany International Down on Opening Korean FacilityApril 19, 2024 | markets.businessinsider.comAlbany Decides To Cease Manufacturing At Its Facilities In Chungju, South KoreaApril 19, 2024 | finance.yahoo.comAlbany International Announces Discontinuation of Manufacturing Capacity in South KoreaApril 26, 2024 | Weiss Ratings (Ad)Protect Yourself While There’s Still Time …The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.April 15, 2024 | businesswire.comAlbany International Schedules Earnings Release DateApril 4, 2024 | usnews.comEditorial Roundup: New YorkApril 2, 2024 | yahoo.com'American Idol' 2024: Who Made It Through to the Top 24March 29, 2024 | finance.yahoo.comThose who invested in Albany International (NYSE:AIN) five years ago are up 35%March 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 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 EstimatesFebruary 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?See 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 Last Earnings2/27/2024Ex-Dividend for 4/5 Dividend3/14/2024Dividend Payable4/05/2024Today4/26/2024Next Earnings (Confirmed)4/29/2024Fiscal 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+26.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$3.55 Trailing P/E Ratio24.70 Forward P/E Ratio22.31 P/E Growth2.27Net 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 / Sales2.38 Cash Flow$6.50 per share Price / Cash Flow13.48 Book Value$31.01 per share Price / Book2.83Miscellaneous Outstanding Shares31,200,000Free Float30,963,000Market Cap$2.74 billion OptionableOptionable Beta1.25 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Gunnar Kleveland (Age 54)President, CEO & Director Comp: $1.55MMr. Robert Daniel Starr (Age 56)Executive VP & CFO Comp: $1.16MMr. Joseph M. Gaug (Age 61)VP, Secretary & General Counsel Comp: $930.67kMr. Daniel A. Halftermeyer (Age 63)President of Machine Clothing Comp: $1.61MMr. Gregory N. Harwell (Age 60)President of Albany Engineered Composites Comp: $1.06MMr. 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 CompetitorsESCO TechnologiesNYSE:ESEClear SecureNYSE:YOUBradyNYSE:BRCResideo TechnologiesNYSE:REZIJohn Bean TechnologiesNYSE:JBTView All CompetitorsInsiders & InstitutionsYousif Capital Management LLCSold 1,344 shares on 4/26/2024Ownership: 0.045%New York State Teachers Retirement SystemSold 800 shares on 4/25/2024Ownership: 0.164%Assenagon Asset Management S.A.Bought 56,179 shares on 4/24/2024Ownership: 0.248%Essex Financial Services Inc.Bought 620 shares on 4/24/2024Ownership: 0.020%Rice Hall James & Associates LLCSold 10,830 shares on 4/23/2024Ownership: 0.168%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 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 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 Wall Street research analysts have issued 1 year target prices for Albany International's stock. Their AIN share price targets range from $95.00 to $121.00. On average, they expect the company's share price to reach $110.50 in the next year. This suggests a possible upside of 26.0% 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 beginning of the year. Since then, AIN stock has decreased by 10.7% and is now trading at $87.68. View the best growth stocks for 2024 here. Are investors shorting Albany International? Albany International saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 223,000 shares, a drop of 11.0% from the March 31st total of 250,500 shares. Based on an average daily trading volume, of 133,200 shares, the short-interest ratio is currently 1.7 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 Monday, April 29th 2024. View our AIN earnings forecast. How can I listen to Albany International's earnings call? Albany International will be holding an earnings conference call on Tuesday, April 30th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Albany International's earnings last quarter? Albany International Corp. (NYSE:AIN) posted its quarterly earnings results on Tuesday, February, 27th. The textile maker reported $1.22 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.38. The textile maker had revenue of $323.60 million for the quarter, compared to the consensus estimate of $298.17 million. Albany International had a net margin of 9.68% and a trailing twelve-month return on equity of 13.70%. Albany International's revenue for the quarter was up 20.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.75 EPS. How often does Albany International pay dividends? What is the dividend yield for Albany International? Albany International announced a quarterly dividend on Friday, February 23rd. Investors of record on Friday, March 15th will be given a dividend of $0.26 per share on Friday, April 5th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend 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 1.18%. 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 22.56% 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 Invesco S&P SmallCap Industrials ETF (PSCI) and Harbor Corporate Culture Small Cap ETF (HAPS).SPDR S&P 600 Small Cap ETF (SLY). What guidance has Albany International issued on next quarter's earnings? Albany International issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of 3.550-4.050 for the period, compared to the consensus 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 retail and institutional investors. Top institutional investors include Wasatch Advisors LP (0.84%), Raymond James & Associates (0.38%), Assenagon Asset Management S.A. (0.25%), Rice Hall James & Associates LLC (0.17%), New York State Teachers Retirement System (0.16%) and West Coast Financial LLC (0.14%). 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 4/26/2024 by MarketBeat.com Staff From Our PartnersThese AI trades triggered this morning (545% return)Prosper Trading AcademyConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe A.I. story nobody is telling you (Read ASAP)TradeSmithFed launches fourth dollar overhaulStansberry ResearchMan Who Predicted 2008: “This Will be Worse.”Altimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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