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Albany International Corporation (AIN)

NYSE: AIN · IEX Real-Time Price · USD
86.52 2.08 (2.46%)
Dec 7, 2021 4:00 PM EST - Market closed
Market Cap2.80B
Revenue (ttm)916.18M
Net Income (ttm)117.38M
Shares Out32.38M
EPS (ttm)3.62
PE Ratio23.90
Forward PEn/a
Dividend$0.80 (0.92%)
Ex-Dividend DateSep 3, 2021
Volume138,593
Open85.32
Previous Close84.44
Day's Range85.16 - 86.84
52-Week Range65.14 - 93.43
Beta1.36
AnalystsBuy
Price Target94.43 (+9.1%)
Earnings Daten/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...

IndustryMachinery
IPO DateSep 30, 1987
CEOA. William Higgins
Employees4,000
Stock ExchangeNYSE
Ticker SymbolAIN
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$94.43
(9.14% upside)
Analyst Consensus: Buy

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...

1 week ago - Business Wire

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...

4 weeks ago - Business Wire

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?

1 month ago - Zacks Investment Research

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...

1 month ago - Business Wire

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.

1 month ago - Zacks Investment Research

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...

2 months ago - Business Wire

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.

2 months ago - Zacks Investment Research

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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,...

3 months ago - Business Wire

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....

4 months ago - Business Wire

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?

4 months ago - Zacks Investment Research

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...

4 months ago - Benzinga

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...

4 months ago - Business Wire

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...

Other symbols:SPR
5 months ago - Business Wire

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).

6 months ago - Zacks Investment Research

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?

7 months ago - Zacks Investment Research

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...

7 months ago - Benzinga

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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?

9 months ago - Zacks Investment Research

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...

9 months ago - Benzinga

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...

9 months ago - Business Wire

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).

11 months ago - Zacks Investment Research