Armstrong World Industries Inc (NYSE:AWI) Announces Quarterly Dividend of $0.20

Share on StockTwits

Armstrong World Industries Inc (NYSE:AWI) announced a quarterly dividend on Wednesday, October 23rd, Zacks reports. Stockholders of record on Thursday, November 7th will be given a dividend of 0.20 per share by the construction company on Thursday, November 21st. This represents a $0.80 annualized dividend and a dividend yield of 0.86%. The ex-dividend date is Wednesday, November 6th. This is an increase from Armstrong World Industries’s previous quarterly dividend of $0.18.

Armstrong World Industries stock opened at $93.34 on Tuesday. Armstrong World Industries has a fifty-two week low of $54.34 and a fifty-two week high of $104.50. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.60 and a current ratio of 2.09. The company has a market capitalization of $4.57 billion, a P/E ratio of 25.50, a PEG ratio of 1.31 and a beta of 1.60. The stock has a 50-day simple moving average of $96.91 and a 200-day simple moving average of $94.47.

Armstrong World Industries (NYSE:AWI) last posted its earnings results on Monday, October 28th. The construction company reported $1.38 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.30 by $0.08. Armstrong World Industries had a return on equity of 78.13% and a net margin of 19.55%. The business had revenue of $277.10 million during the quarter, compared to the consensus estimate of $289.93 million. During the same period in the previous year, the business earned $1.11 EPS. The business’s quarterly revenue was up 6.4% on a year-over-year basis. As a group, analysts forecast that Armstrong World Industries will post 4.57 earnings per share for the current year.

AWI has been the subject of several research reports. ValuEngine downgraded Armstrong World Industries from a “hold” rating to a “sell” rating in a report on Wednesday, October 30th. Exane BNP Paribas initiated coverage on Armstrong World Industries in a research report on Wednesday, October 9th. They issued an “underperform” rating on the stock. Zacks Investment Research upgraded Armstrong World Industries from a “sell” rating to a “hold” rating and set a $99.00 price target on the stock in a research report on Tuesday, October 29th. Bank of America boosted their price target on Armstrong World Industries from $108.00 to $110.00 and gave the company a “buy” rating in a research report on Tuesday, July 30th. Finally, BNP Paribas initiated coverage on Armstrong World Industries in a research report on Wednesday, October 9th. They issued an “underperform” rating on the stock. Four analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. Armstrong World Industries currently has a consensus rating of “Hold” and an average price target of $100.01.

About Armstrong World Industries

Armstrong World Industries, Inc designs, manufactures, and sells ceiling systems primarily for use in the construction and renovation of residential and commercial buildings in the United States, Canada, and Latin America. The company operates through Mineral Fiber and Architectural Specialties segments.

Read More: How to Profit and Limit Losses With Stop Orders

Dividend History for Armstrong World Industries (NYSE:AWI)

Receive News & Ratings for Armstrong World Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Armstrong World Industries and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

The Ensign Group  versus The Pennant Group  Head to Head Comparison
The Ensign Group versus The Pennant Group Head to Head Comparison
Reviewing LAIX  & Grand Canyon Education
Reviewing LAIX & Grand Canyon Education
Brokerages Anticipate Sonoco Products Co  Will Announce Quarterly Sales of $1.35 Billion
Brokerages Anticipate Sonoco Products Co Will Announce Quarterly Sales of $1.35 Billion
GRUPO FINANCIER/ADR  Cut to Sell at ValuEngine
GRUPO FINANCIER/ADR Cut to Sell at ValuEngine
3D Systems  Downgraded to “Buy” at ValuEngine
3D Systems Downgraded to “Buy” at ValuEngine
ANI Pharmaceuticals  Rating Increased to Sell at ValuEngine
ANI Pharmaceuticals Rating Increased to Sell at ValuEngine


© 2006-2019 Ticker Report