NYSE:AIN Albany International (AIN) Stock Price, News & Analysis $84.57 -1.82 (-2.11%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$84.53▼$87.5550-Day Range$81.29▼$94.1652-Week Range$78.20▼$99.41Volume144,884 shsAverage Volume143,200 shsMarket Capitalization$2.64 billionP/E Ratio23.76Dividend Yield1.23%Price Target$95.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Albany International alerts: Email Address Albany International MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside12.9% Upside$95.50 Price TargetShort InterestHealthy1.05% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.85Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth19.95%From $3.76 to $4.51 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.2.91 out of 5 starsIndustrial Products Sector98th out of 165 stocksBroadwoven Fabric Mills, Manmade Industry1st out of 1 stocks 2.1 Analyst's Opinion Consensus RatingAlbany International has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageAlbany International has only been the subject of 1 research reports in the past 90 days.Read more about Albany International's stock forecast and price target. 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 2.3, 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 11.54%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldAlbany International pays a meaningful dividend of 1.12%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAlbany International does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Albany International is 29.21%. 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 23.06% next year. This indicates that Albany International will be able to sustain or increase its dividend.Read more about Albany International's 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 2.1 News and Social Media Coverage News SentimentAlbany International has a news sentiment score of 0.85. 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 higher news sentiment than the 0.71 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 3 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.Read more about Albany International's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Albany International are expected to grow by 19.95% in the coming year, from $3.76 to $4.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Albany International is 23.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Albany International is 23.76, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.22.Price to Earnings Growth RatioAlbany International has a PEG Ratio of 2.80. 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 2.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Albany International's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWhy billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. Click here for my exclusive video 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 HeadlinesSeptember 5 at 4:18 PM | markets.businessinsider.comAnalyst Reiterates Sell Rating on Albany International Amid Revenue Concerns and Margin DeclinesSeptember 3, 2024 | americanbankingnews.comShort Interest in Albany International Corp. (NYSE:AIN) Grows By 11.5%September 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 30, 2024 | finance.yahoo.comAlbany International Corp. Appoints Merle Stein as President, Machine ClothingAugust 29, 2024 | finance.yahoo.comAlbany International (NYSE:AIN) Could Be A Buy For Its Upcoming DividendAugust 28, 2024 | americanbankingnews.comAnalysts Set Albany International Corp. (NYSE:AIN) Target Price at $95.50August 15, 2024 | bizjournals.comAlbany International Airport CEO's contract won't be renewedAugust 9, 2024 | markets.businessinsider.comStrong Financial Performance and Growth Prospects Affirm Buy Rating for Albany InternationalSeptember 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 7, 2024 | markets.businessinsider.comAnalysts Are Bullish on These Consumer Cyclical Stocks: Albany International (AIN), Portillo’s (PTLO)August 7, 2024 | markets.businessinsider.comTruist Financial Keeps Their Buy Rating on Albany International (AIN)August 7, 2024 | finanznachrichten.deAlbany International Reports Second-Quarter 2024 ResultsAugust 2, 2024 | businesswire.comAlbany International Corp. Appoints Christopher E. Stone as President, Albany Engineered CompositesJuly 30, 2024 | finance.yahoo.comAlbany International Corp.'s (NYSE:AIN) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?July 26, 2024 | msn.comWhat is AIN at Olympics? What does it stand for? What to know about Russia, Paris GamesJuly 26, 2024 | bizjournals.comAvelo Airlines to add another route at Albany International AirportJuly 26, 2024 | msn.comAlbany International Announces New Direct Flights to greater Charlotte areaJuly 22, 2024 | msn.comHalal Mexican eatery opens in AlbanySee 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 7/8 Dividend6/07/2024Dividend Payable7/08/2024Last Earnings8/06/2024Ex-Dividend for 10/7 Dividend9/03/2024Today9/07/2024Dividend Payable10/07/2024Next Earnings (Estimated)11/04/2024Fiscal 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$95.50 High Stock Price Target$101.00 Low Stock Price Target$90.00 Potential Upside/Downside+12.9%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$3.56 Trailing P/E Ratio23.76 Forward P/E Ratio22.49 P/E Growth2.8Net Income$111.12 million Net Margins8.76% Pretax Margin11.90% Return on Equity13.13% Return on Assets7.02% Debt Debt-to-Equity Ratio0.38 Current Ratio3.59 Quick Ratio2.87 Sales & Book Value Annual Sales$1.25 billion Price / Sales2.11 Cash Flow$5.87 per share Price / Cash Flow14.41 Book Value$31.20 per share Price / Book2.71Miscellaneous Outstanding Shares31,200,000Free Float30,963,000Market Cap$2.64 billion OptionableOptionable Beta1.26 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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 CompetitorsITTNYSE:ITTLincoln ElectricNASDAQ:LECOWoodwardNASDAQ:WWDRBC BearingsNYSE:RBCCraneNYSE:CRView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 15,083 shares on 9/5/2024Ownership: 0.048%Clearbridge Investments LLCSold 10,305 shares on 8/27/2024Ownership: 1.834%Truist Financial CorpSold 4,431 shares on 8/21/2024Ownership: 0.023%Point72 Asset Management L.P.Bought 3,100 shares on 8/19/2024Ownership: 0.018%Creative PlanningBought 147 shares on 8/16/2024Ownership: 0.016%View All Insider TransactionsView All Institutional Transactions AIN Stock Analysis - Frequently Asked Questions How have AIN shares performed this year? Albany International's stock was trading at $98.22 on January 1st, 2024. Since then, AIN shares have decreased by 13.9% and is now trading at $84.57. View the best growth stocks for 2024 here. How were Albany International's earnings last quarter? Albany International Corp. (NYSE:AIN) issued its earnings results on Tuesday, August, 6th. The textile maker reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.91 by $0.02. Albany International's revenue for the quarter was up 21.1% on a year-over-year basis. 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. Who are Albany International's major shareholders? Top institutional shareholders of Albany International include Earnest Partners LLC (8.31%), Dimensional Fund Advisors LP (3.50%), Kayne Anderson Rudnick Investment Management LLC (3.19%) and William Blair Investment Management LLC (2.33%). Insiders that own company stock include Robert Alan Hansen, Gunnar Kleveland, Robert D Starr and Daniel A Halftermeyer. 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. What other stocks do shareholders of Albany International own? Based on aggregate information from My MarketBeat watchlists, some other companies that Albany International investors own include AbbVie (ABBV), Marvell Technology (MRVL), NVIDIA (NVDA), Bank of America (BAC), Intel (INTC), Micron Technology (MU) and Bristol-Myers Squibb (BMY). This page (NYSE:AIN) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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