Albany International Corporation (AIN)
| Market Cap | 2.80B |
| Revenue (ttm) | 916.18M |
| Net Income (ttm) | 117.38M |
| Shares Out | 32.38M |
| EPS (ttm) | 3.62 |
| PE Ratio | 23.90 |
| Forward PE | n/a |
| Dividend | $0.80 (0.92%) |
| Ex-Dividend Date | Sep 3, 2021 |
| Volume | 138,593 |
| Open | 85.32 |
| Previous Close | 84.44 |
| Day's Range | 85.16 - 86.84 |
| 52-Week Range | 65.14 - 93.43 |
| Beta | 1.36 |
| Analysts | Buy |
| Price Target | 94.43 (+9.1%) |
| Earnings Date | n/a |
About AIN
Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. 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 manufacturing papers, paperboards, tissues, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts. It also provides supplies engineered fabrics that are used in the manufacturing process in the pulp, corrug...
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for AIN stock is "Buy." The 12-month stock price forecast is 94.43, which is an increase of 9.14% from the latest price.
News
Safran and Albany International Extend Strategic Cooperation on Advanced Composites
PARIS & ROCHESTER, N.H.--(BUSINESS WIRE)--Safran Aircraft Engines, a world leading engine manufacturer, and Albany International Corp. (NYSE: AIN), a leading developer and manufacturer of engineered com...
Albany International Publishes Inaugural Sustainability Report
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE: AIN) released its inaugural Sustainability report, focused on the company's management approach and accomplishments in key environment...
Albany International (AIN) Q3 Earnings and Revenues Beat Estimates
Albany International (AIN) delivered earnings and revenue surprises of 23.88% and 4.82%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Albany International Reports Third-Quarter 2021 Results
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reported operating results for its third quarter of 2021, which ended September 30, 2021. Additionally, the company raised i...
Analysts Estimate Albany International (AIN) to Report a Decline in Earnings: What to Look Out for
Albany International (AIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Albany International Schedules Earnings Release Date
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) will release 2021 third-quarter financial results Monday, October 25, 2021 after the market close. The Company will host a webcast...
All You Need to Know About Albany International (AIN) Rating Upgrade to Strong Buy
Albany International (AIN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Albany International to Present at Sidoti Virtual Smallcap Conference
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) Chief Financial Officer, Stephen Nolan, will speak at the Sidoti Virtual Smallcap Conference on Wednesday, September 22, 2021 at 1...
Albany International Declares Dividend
ROCHESTER, N.H.--(BUSINESS WIRE)--The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.20 per share on the Company's Class A and Class B Common Stoc...
Albany International Corp. Announces the Closing of a Secondary Offering
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE: AIN) (the “Company”) today announced the closing of the previously announced secondary offering of shares of its Class A common stock,...
Albany International Corp. Announces the Launch of a Secondary Offering
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE: AIN) (the “Company”) today announced the launch of a secondary offering of 1,566,644 shares of its Class A common stock, par value $0....
Albany International (AIN) Q2 Earnings and Revenues Top Estimates
Albany International (AIN) delivered earnings and revenue surprises of 40.28% and 7.18%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: Albany Intl Q2 Earnings
Shares of Albany Intl (NYSE:AIN) moved lower in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 7.34% over the past year to $1.01, which beat the es...
Albany International Reports Second-Quarter 2021 Results, Raises 2021 Guidance
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reported operating results for its second quarter of 2021, which ended June 30, 2021. Additionally, the company raised its f...
Spirit AeroSystems and Albany Engineered Composites Collaborate to Expand Hypersonic Capabilities
ROCHESTER, N.H.--(BUSINESS WIRE)--Spirit AeroSystems, Inc., and Fiber Materials, Inc., (collectively Spirit) subsidiaries of Spirit AeroSystems holdings, Inc (NYSE: SPR) and Albany Engineered Composites...
What Makes Albany International (AIN) a New Buy Stock
Albany International (AIN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Albany International (AIN) Tops Q1 Earnings and Revenue Estimates
Albany International (AIN) delivered earnings and revenue surprises of 40.32% and 5.49%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Albany Intl: Q1 Earnings Insights
Shares of Albany Intl (NYSE:AIN) remain flat in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 11.54% over the past year to $0.87, which beat th...
Albany International Reports First-Quarter 2021 Results
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reported operating results for its first quarter of 2021, which ended March 31, 2021. "Albany International's year is off to...
Albany International Announces Earnings Release Date
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) will release 2021 first-quarter financial results Monday, April 26, 2021 after market close. The Company will host a webcast to di...
Albany International to Present at Sidoti Spring 2021 Virtual Conference
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) President and Chief Executive Officer, Bill Higgins, and Chief Financial Officer, Stephen Nolan, will speak at the Sidoti Spring 2...
Albany International (AIN) Tops Q4 Earnings and Revenue Estimates
Albany International (AIN) delivered earnings and revenue surprises of 41.27% and 7.07%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Recap: Albany International Q4 Earnings
Shares of Albany International (NYSE:AIN) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 8.25% year over year to $0.89, which bea...
Albany International Reports Fourth-Quarter 2020 Results
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) today reported operating results for its fourth quarter of 2020, which ended December 31, 2020. "Albany International finished 202...
Albany International (AIN) Upgraded to Buy: Here's What You Should Know
Albany International (AIN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).