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Albany International (AIN) Stock

Profile

Country:

United States

IPO:

30 September 1987

Indexes:

Not included

Description:

Albany International Corp. is a large company that manufactures textiles and composite structures and processes materials. The company was founded in 1895 and is headquartered in Rochester, New Hampshire. The company operates in two segments: The Paper Machine Clothing segment supplies permeable and impermeable belts used in the production of paper, cardboard, napkins and towels, cellulose, nonwoven materials, fiber cement, and some other industrial applications. The Engineered Composites segment designs and manufactures composite structures primarily for customers in the commercial and defense aerospace industry.

Key Details

Price

$82.40

TTM Dividend Yield

1.26%(+5.88% YoY)

Annual Revenue

$1.15 B(+10.92% YoY)

Annual EPS

$3.55(+16.78% YoY)

PE Ratio

25.75(-2.90% YoY)

Beta

1.38

Events Calendar

Earnings

Next earnings date:

Feb 26, 2025

Recent quarterly earnings:

Oct 30, 2024

Recent annual earnings:

Feb 26, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Sept 03, 2024
Splits

Next split:

N/A

Recent split:

Dec 08, 1999

Analyst ratings

Recent major analysts updates

15 Nov '24 B of A Securities
Underperform
01 Nov '24 Truist Securities
Buy
04 Oct '24 TD Cowen
Buy
03 Oct '24 Truist Securities
Buy
17 July '24 Truist Securities
Buy
29 May '24 B of A Securities
Underperform
03 May '24 JP Morgan
Neutral
01 May '24 Truist Securities
Buy
01 May '24 TD Cowen
Buy
28 Mar '24 B of A Securities
Underperform

Market Data

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Institutional Ownership

Albany International Corp. Announces Plans to Consolidate Manufacturing Capacity
Albany International Corp. Announces Plans to Consolidate Manufacturing Capacity
Albany International Corp. Announces Plans to Consolidate Manufacturing Capacity
AIN
businesswire.com15 November 2024

ROCHESTER, N.H.--(BUSINESS WIRE)--Heimbach Switzerland AG, an affiliate of Albany International Corp. (NYSE:AIN), announced today that it will initiate consultations with employee representatives regarding a proposal to discontinue manufacturing operations in Olten, Switzerland, and to transfer production to other Heimbach GmbH manufacturing facilities. The reduction is subject to local law and will be implemented in accordance with such law and in consultation with the employees' representativ.

New Strong Sell Stocks for November 8th
New Strong Sell Stocks for November 8th
New Strong Sell Stocks for November 8th
AIN
zacks.com08 November 2024

AOS, AIN and ARCAY have been added to the Zacks Rank #5 (Strong Sell) List on November 8, 2024.

New Strong Sell Stocks for November 1st
New Strong Sell Stocks for November 1st
New Strong Sell Stocks for November 1st
AIN
zacks.com01 November 2024

AIN, BIDU and SKFRY have been added to the Zacks Rank #5 (Strong Sell) List on November 1, 2024.

Albany International Corp. (AIN) Q3 2024 Earnings Call Transcript
Albany International Corp. (AIN) Q3 2024 Earnings Call Transcript
Albany International Corp. (AIN) Q3 2024 Earnings Call Transcript
AIN
seekingalpha.com31 October 2024

Albany International Corp. (NYSE:AIN ) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants JC Chetnani - VP, Investor Relations and Treasurer Gunnar Kleveland - President and Chief Executive Officer Robert Starr - Executive Vice President and Chief Financial Officer Conference Call Participants Peter Arment - Robert W. Baird Michael Ciarmoli - Truist Securities Jordan Lyonnais - Bank of America Chigusa Katoku - JPMorgan Jack Ayers - TD Cowen Operator Good day, and thank you for standing by.

Albany International (AIN) Tops Q3 Earnings Estimates
Albany International (AIN) Tops Q3 Earnings Estimates
Albany International (AIN) Tops Q3 Earnings Estimates
AIN
zacks.com30 October 2024

Albany International (AIN) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $1.02 per share a year ago.

Albany International Issues 2023 TCFD Report
Albany International Issues 2023 TCFD Report
Albany International Issues 2023 TCFD Report
AIN
businesswire.com10 October 2024

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) announced today the publication of its 2023 Taskforce on Climate-related Financial Disclosures (TCFD) Report. The TCFD provides a common framework to articulate to stakeholders the Company's strategy for managing its climate-related risks and opportunities, and to show how its products and operations are aligned with the transition to a low-carbon, sustainable global economy. Highlights include the commitment to near-term c.

New Strong Sell Stocks for October 9th
New Strong Sell Stocks for October 9th
New Strong Sell Stocks for October 9th
AIN
zacks.com09 October 2024

MT, AIN and AIR have been added to the Zacks Rank #5 (Strong Sell) List on October 9, 2024.

Albany International Updates Expectations for Aerospace Business and the Company's 2024 Full Year Outlook
Albany International Updates Expectations for Aerospace Business and the Company's 2024 Full Year Outlook
Albany International Updates Expectations for Aerospace Business and the Company's 2024 Full Year Outlook
AIN
businesswire.com03 October 2024

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE: AIN) announced today that it is providing a preliminary update to its full year outlook largely to reflect revised revenue and profitability expectations for the aerospace business within its Engineered Composites (AEC) segment. Following its regular quarterly review of program costs and estimates relative to certain large complex aerospace contracts the Company has updated its labor, material input and scrap cost assumptions o.

Compared to Estimates, Albany International (AIN) Q2 Earnings: A Look at Key Metrics
Compared to Estimates, Albany International (AIN) Q2 Earnings: A Look at Key Metrics
Compared to Estimates, Albany International (AIN) Q2 Earnings: A Look at Key Metrics
AIN
zacks.com06 August 2024

The headline numbers for Albany International (AIN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Albany International (AIN) Meets Q2 Earnings Estimates
Albany International (AIN) Meets Q2 Earnings Estimates
Albany International (AIN) Meets Q2 Earnings Estimates
AIN
zacks.com06 August 2024

Albany International (AIN) came out with quarterly earnings of $0.89 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.90 per share a year ago.

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FAQ

  • What is the primary business of Albany International?
  • What is the ticker symbol for Albany International?
  • Does Albany International pay dividends?
  • What sector is Albany International in?
  • What industry is Albany International in?
  • What country is Albany International based in?
  • When did Albany International go public?
  • Is Albany International in the S&P 500?
  • Is Albany International in the NASDAQ 100?
  • Is Albany International in the Dow Jones?
  • When was Albany International's last earnings report?
  • When does Albany International report earnings?
  • Should I buy Albany International stock now?

What is the primary business of Albany International?

Albany International Corp. is a large company that manufactures textiles and composite structures and processes materials. The company was founded in 1895 and is headquartered in Rochester, New Hampshire. The company operates in two segments: The Paper Machine Clothing segment supplies permeable and impermeable belts used in the production of paper, cardboard, napkins and towels, cellulose, nonwoven materials, fiber cement, and some other industrial applications. The Engineered Composites segment designs and manufactures composite structures primarily for customers in the commercial and defense aerospace industry.

What is the ticker symbol for Albany International?

The ticker symbol for Albany International is NYSE:AIN

Does Albany International pay dividends?

Yes, Albany International pays dividends. The last payment was $0.26, with an ex-dividend date on 03 September 2024

What sector is Albany International in?

Albany International is in the Consumer Cyclical sector

What industry is Albany International in?

Albany International is in the Textile Manufacturing industry

What country is Albany International based in?

Albany International is headquartered in United States

When did Albany International go public?

Albany International's initial public offering (IPO) was on 30 September 1987

Is Albany International in the S&P 500?

No, Albany International is not included in the S&P 500 index

Is Albany International in the NASDAQ 100?

No, Albany International is not included in the NASDAQ 100 index

Is Albany International in the Dow Jones?

No, Albany International is not included in the Dow Jones index

When was Albany International's last earnings report?

Albany International's most recent earnings report was on 30 October 2024

When does Albany International report earnings?

The next expected earnings date for Albany International is 26 February 2025

Should I buy Albany International stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions