Q3 Earnings Forecast for Insteel Industries Issued By Sidoti

Key Points

• Sidoti lowered Insteel Industries’ Q3 2027 EPS forecast to $0.67 from $0.79, while analysts maintain a consensus “Hold” rating and estimate full-year EPS of $2.42.
• Insteel’s latest quarter delivered $209.3 million in revenue, up 18% year over year, but EPS of $0.40 missed expectations by $0.09 and fell from $0.74 a year earlier.
• Management plans approximately $30 million in fiscal 2027 capital spending, including a $20 million engineered structural mesh expansion, though tariff-related cost pressures are squeezing margins.

Insteel Industries, Inc. (NYSE:IIIN - Free Report) - Investment analysts at Sidoti decreased their Q3 2027 earnings estimates for shares of Insteel Industries in a report issued on Friday, October 23rd. Sidoti analyst J. Romero now forecasts that the company will earn $0.67 per share for the quarter, down from their prior estimate of $0.79. The consensus estimate for Insteel Industries' current full-year earnings is $2.42 per share. Sidoti also issued estimates for Insteel Industries' Q4 2027 earnings at $0.71 EPS, Q1 2028 earnings at $0.29 EPS, Q2 2028 earnings at $0.49 EPS, Q3 2028 earnings at $0.76 EPS and Q4 2028 earnings at $0.79 EPS.

A number of other equities analysts have also recently commented on IIIN. Wall Street Zen raised shares of Insteel Industries from a "sell" rating to a "hold" rating in a research report on Saturday, July 18th. Zacks Research cut shares of Insteel Industries from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, September 15th. Finally, Weiss Ratings raised Insteel Industries from a "hold (c-)" rating to a "hold (c)" rating in a report on Monday, August 3rd. Two research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold".

Insteel Industries Trading Up 0.1%

Insteel Industries stock opened at $27.80 on Monday. Insteel Industries has a 1-year low of $24.35 and a 1-year high of $38.45. The company has a market cap of $538.13 million, a P/E ratio of 18.29, a price-to-earnings-growth ratio of 0.96 and a beta of 0.54. The company has a fifty day simple moving average of $30.12 and a 200 day simple moving average of $29.66.

Insteel Industries (NYSE:IIIN - Get Free Report) last issued its quarterly earnings data on Thursday, October 22nd. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.09). Insteel Industries had a net margin of 4.00% and a return on equity of 8.17%. The business had revenue of $209.28 million during the quarter. During the same period in the previous year, the company earned $0.74 EPS. The business's revenue for the quarter was up 18.0% compared to the same quarter last year.

Insteel Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Friday, September 11th. Insteel Industries's dividend payout ratio (DPR) is presently 7.89%.

Insider Buying and Selling at Insteel Industries

In related news, COO Richard Wagner sold 1,640 shares of the firm's stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $30.31, for a total transaction of $49,708.40. Following the completion of the sale, the chief operating officer owned 40,000 shares in the company, valued at approximately $1,212,400. This trade represents a 3.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 6.20% of the company's stock.

Institutional Investors Weigh In On Insteel Industries

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IIIN. Total Wealth Planning & Management Inc. lifted its holdings in Insteel Industries by 24.0% during the 3rd quarter. Total Wealth Planning & Management Inc. now owns 9,220 shares of the company's stock worth $269,000 after purchasing an additional 1,782 shares in the last quarter. Isthmus Partners LLC grew its holdings in Insteel Industries by 0.4% during the 3rd quarter. Isthmus Partners LLC now owns 102,142 shares of the company's stock valued at $2,975,000 after buying an additional 390 shares in the last quarter. Cardinal Capital Management increased its position in shares of Insteel Industries by 7.2% during the third quarter. Cardinal Capital Management now owns 53,508 shares of the company's stock valued at $1,559,000 after buying an additional 3,603 shares during the period. Counterpoint Mutual Funds LLC bought a new stake in shares of Insteel Industries during the third quarter valued at about $656,000. Finally, Squarepoint Ops LLC lifted its holdings in shares of Insteel Industries by 143.4% in the second quarter. Squarepoint Ops LLC now owns 56,224 shares of the company's stock worth $1,698,000 after buying an additional 33,123 shares in the last quarter. 83.27% of the stock is currently owned by institutional investors.

More Insteel Industries News

Here are the key news stories impacting Insteel Industries this week:

• Positive Sentiment: Fiscal fourth-quarter net sales rose 18% year over year to $209.3 million and reportedly exceeded expectations, indicating continued demand for Insteel’s steel wire reinforcing products. Insteel Industries Reports Fourth Quarter 2026 Results
• Positive Sentiment: Management outlined approximately $30 million of fiscal 2027 capital spending, including about $20 million for an engineered structural mesh expansion. The investment could increase capacity and support longer-term growth. Insteel outlines fiscal 2027 capex plan
• Neutral Sentiment: Insteel ended the quarter with a net cash balance, providing financial flexibility to fund the planned expansion; however, the company’s forward performance will depend on demand, pricing and the return generated by that spending. Insteel Industries reports earnings results
• Negative Sentiment: Adjusted earnings were $0.40 per share, missing the $0.49 analyst consensus by $0.09 and falling from $0.74 a year earlier. Net earnings totaled $7.7 million, while gross profit was $21.0 million, or 10.0% of sales. Insteel Industries Q4 earnings lag estimates
• Negative Sentiment: Management highlighted a margin squeeze caused in part by tariff-driven cost pressure. The combination of lower year-over-year EPS and uncertainty over how quickly pricing can offset costs appears to be outweighing the sales growth and expansion opportunity for investors. Insteel Industries earnings call: growth plans versus margin squeeze

About Insteel Industries

Insteel Industries, Inc is a manufacturer of steel wire reinforcing products used primarily in concrete construction. The company produces welded wire reinforcement and prestressed concrete strand, which help strengthen and reinforce concrete structures.

Its products are used in a range of infrastructure, commercial, residential, and industrial applications, including roads, bridges, buildings, precast concrete products, and other construction projects. Insteel sells its products primarily through a network serving customers across the United States.

Founded in 1953 and headquartered in Mount Airy, North Carolina, Insteel operates manufacturing facilities in the United States.

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