Armstrong World Industries, Inc. (AWI) To Go Ex-Dividend on March 5th

Armstrong World Industries, Inc. (NYSE:AWI) declared a quarterly dividend on Wednesday, February 18th. Shareholders of record on Thursday, March 5th will be given a dividend of 0.339 per share by the construction company on Thursday, March 19th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, March 5th.

Armstrong World Industries has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. Armstrong World Industries has a payout ratio of 17.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Armstrong World Industries to earn $6.87 per share next year, which means the company should continue to be able to cover its $1.35 annual dividend with an expected future payout ratio of 19.7%.

Armstrong World Industries Price Performance

Shares of AWI opened at $171.90 on Tuesday. The company has a current ratio of 1.46, a quick ratio of 1.00 and a debt-to-equity ratio of 0.48. The company’s fifty day simple moving average is $191.63 and its 200 day simple moving average is $192.21. Armstrong World Industries has a 1-year low of $122.37 and a 1-year high of $206.08. The company has a market cap of $7.36 billion, a price-to-earnings ratio of 24.28, a PEG ratio of 1.92 and a beta of 1.33.

Armstrong World Industries (NYSE:AWI) last announced its quarterly earnings data on Tuesday, February 24th. The construction company reported $1.61 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.06). The firm had revenue of $388.30 million during the quarter, compared to the consensus estimate of $400.87 million. Armstrong World Industries had a net margin of 19.05% and a return on equity of 37.80%. The business’s revenue was up 5.6% on a year-over-year basis. During the same period last year, the business earned $1.50 EPS. Armstrong World Industries has set its FY 2026 guidance at 8.050-8.350 EPS. On average, research analysts forecast that Armstrong World Industries will post 6.18 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AWI has been the topic of a number of recent analyst reports. Jefferies Financial Group reissued a “hold” rating on shares of Armstrong World Industries in a research report on Wednesday, February 25th. Weiss Ratings restated a “buy (b)” rating on shares of Armstrong World Industries in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $211.43.

Armstrong World Industries Company Profile

Armstrong World Industries, Inc is a leading global manufacturer of commercial ceiling and wall solutions. The company offers a diverse portfolio of acoustical, decorative and specialty ceiling systems designed to enhance interior environments in offices, healthcare facilities, schools, retail outlets and other non-residential settings. Through its focus on performance, aesthetics and sustainability, Armstrong World Industries addresses both functional and design requirements for architects, contractors and building owners.

Armstrong’s product range includes mineral fiber, fiberglass, wood wool, metal and stone wool ceiling panels, as well as suspension and grid systems.