Q1 EPS Estimates for Insteel Industries Lifted by Sidoti Csr

Insteel Industries, Inc. (NASDAQ:IIIN - Free Report) - Sidoti Csr lifted their Q1 2026 EPS estimates for Insteel Industries in a research note issued to investors on Friday, July 18th. Sidoti Csr analyst J. Romero now forecasts that the industrial products company will post earnings per share of $0.37 for the quarter, up from their prior forecast of $0.31. The consensus estimate for Insteel Industries' current full-year earnings is $1.38 per share. Sidoti Csr also issued estimates for Insteel Industries' Q2 2026 earnings at $0.70 EPS, Q3 2026 earnings at $0.96 EPS, Q4 2026 earnings at $0.95 EPS, Q1 2027 earnings at $0.42 EPS, Q2 2027 earnings at $0.80 EPS and Q3 2027 earnings at $0.97 EPS.

Insteel Industries Stock Down 4.6%

Insteel Industries stock traded down $1.71 during trading on Monday, reaching $35.84. The stock had a trading volume of 134,425 shares, compared to its average volume of 166,272. Insteel Industries has a 52-week low of $22.49 and a 52-week high of $41.64. The business has a 50 day moving average price of $36.67 and a 200 day moving average price of $31.49. The stock has a market cap of $695.60 million, a PE ratio of 36.20, a P/E/G ratio of 1.81 and a beta of 0.72.

Insteel Industries (NASDAQ:IIIN - Get Free Report) last posted its quarterly earnings data on Thursday, July 17th. The industrial products company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.69 by $0.09. Insteel Industries had a net margin of 3.58% and a return on equity of 5.91%. During the same period last year, the business earned $0.34 earnings per share. The company's revenue was up 23.4% on a year-over-year basis.

Insteel Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 13th were paid a $0.03 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $0.12 dividend on an annualized basis and a yield of 0.33%. Insteel Industries's dividend payout ratio is currently 7.50%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Insteel Industries by 44.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 989,138 shares of the industrial products company's stock worth $26,014,000 after buying an additional 304,671 shares during the last quarter. Invenomic Capital Management LP acquired a new position in shares of Insteel Industries in the 4th quarter valued at $5,811,000. Hsbc Holdings PLC acquired a new position in shares of Insteel Industries in the 4th quarter valued at $4,527,000. Oppenheimer & Close LLC acquired a new position in shares of Insteel Industries in the 4th quarter valued at $3,710,000. Finally, Ancora Advisors LLC acquired a new position in Insteel Industries in the 1st quarter valued at $2,890,000. Hedge funds and other institutional investors own 83.27% of the company's stock.

About Insteel Industries

Insteel Industries, Inc, together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures providing reinforcement for bridges, parking decks, buildings, and other concrete structures.