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S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
The single greatest medical breakthrough of all time? (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
This Little Known Automaker May Save Your Life and Your Portfolio
The single greatest medical breakthrough of all time? (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
Target Will Close 9 Stores Across 4 States Due to Ongoing Crime That's 'Threatening the Safety' of Customers and Employees
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
The single greatest medical breakthrough of all time? (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
This Little Known Automaker May Save Your Life and Your Portfolio
The single greatest medical breakthrough of all time? (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
Target Will Close 9 Stores Across 4 States Due to Ongoing Crime That's 'Threatening the Safety' of Customers and Employees
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
The single greatest medical breakthrough of all time? (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
This Little Known Automaker May Save Your Life and Your Portfolio
The single greatest medical breakthrough of all time? (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
Target Will Close 9 Stores Across 4 States Due to Ongoing Crime That's 'Threatening the Safety' of Customers and Employees

Insteel Industries (IIIN) Stock Forecast, Price & News

$33.13
+1.23 (+3.86%)
(As of 09/27/2023 ET)
Compare
Today's Range
$32.21
$33.25
50-Day Range
$30.69
$35.72
52-Week Range
$24.00
$35.80
Volume
86,654 shs
Average Volume
94,825 shs
Market Capitalization
$643.82 million
P/E Ratio
12.69
Dividend Yield
0.36%
Price Target
N/A

Insteel Industries MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.23
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$160,571 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.57 out of 5 stars

Industrial Products Sector

163rd out of 178 stocks

Steel Works, Blast Furnaces, & Rolling & Finishing Mills Industry

6th out of 6 stocks


IIIN stock logo

About Insteel Industries (NASDAQ:IIIN) Stock

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. The company's WWR engineered reinforcing product is used in nonresidential and residential construction. It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar; concrete pipe reinforcement, an engineered made-to-order product, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. The company sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors primarily in the United States, Canada, Mexico, and Central and South America. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

IIIN Price History

IIIN Stock News Headlines

This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
Insteel cites pricing squeeze for down quarter
Insteel Industries Inc. Profit Declines In Q3
This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
IIIN - Insteel Industries, Inc.
Insteel Industries Reports Second Quarter 2023 Results
Insteel Industries Is Offering A Good Entry Point
See More Headlines
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IIIN Company Calendar

Ex-Dividend for 6/30 Dividend
6/15/2023
Dividend Payable
6/30/2023
Last Earnings
7/20/2023
Ex-Dividend for 9/29 Dividend
9/14/2023
Today
9/27/2023
Dividend Payable
9/29/2023
Fiscal Year End
9/30/2023
Next Earnings (Confirmed)
10/19/2023

Industry, Sector and Symbol

Industry
Steel works, blast furnaces, & rolling & finishing mills
Sub-Industry
Building Products
Current Symbol
NASDAQ:IIIN
CUSIP
45774W10
Employees
964
Year Founded
1953

Profitability

Net Income
$125.01 million
Pretax Margin
9.44%

Debt

Sales & Book Value

Annual Sales
$826.83 million
Cash Flow
$7.50 per share
Book Value
$20.01 per share

Miscellaneous

Free Float
18,384,000
Market Cap
$643.72 million
Optionable
Optionable
Beta
1.06

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Key Executives

  • Mr. Howard Osler Woltz III (Age 67)
    Pres, CEO & Chairman
    Comp: $1.85M
  • Mr. Richard T. WagnerMr. Richard T. Wagner (Age 64)
    Sr. VP & COO
    Comp: $843.6k
  • Mr. James F. Petelle (Age 73)
    Sec. & Chief Legal Officer
    Comp: $603.97k
  • Mr. James R. York (Age 64)
    Sr. VP of Sourcing & Logistics
    Comp: $588.94k
  • Mr. Scot R. JafroodiMr. Scot R. Jafroodi (Age 53)
    CFO, VP, Chief Accounting Officer & Corp. Controller
  • Elizabeth Carroll Southern
    VP of Admin.













IIIN Stock - Frequently Asked Questions

Should I buy or sell Insteel Industries stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Insteel Industries in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" IIIN shares.
View IIIN analyst ratings
or view top-rated stocks.

How have IIIN shares performed in 2023?

Insteel Industries' stock was trading at $27.52 on January 1st, 2023. Since then, IIIN stock has increased by 20.4% and is now trading at $33.13.
View the best growth stocks for 2023 here
.

When is Insteel Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 19th 2023.
View our IIIN earnings forecast
.

How can I listen to Insteel Industries' earnings call?

Insteel Industries will be holding an earnings conference call on Thursday, October 19th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Insteel Industries' earnings last quarter?

Insteel Industries, Inc. (NASDAQ:IIIN) released its quarterly earnings results on Thursday, July, 20th. The industrial products company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.67 by $0.13. The industrial products company had revenue of $165.71 million for the quarter. Insteel Industries had a net margin of 7.30% and a trailing twelve-month return on equity of 13.00%.

How often does Insteel Industries pay dividends? What is the dividend yield for Insteel Industries?

Insteel Industries announced a quarterly dividend on Tuesday, August 15th. Investors of record on Friday, September 15th will be paid a dividend of $0.03 per share on Friday, September 29th. This represents a $0.12 annualized dividend and a dividend yield of 0.36%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for IIIN
.

What ETFs hold Insteel Industries' stock?

ETFs with the largest weight of Insteel Industries (NASDAQ:IIIN) stock in their portfolio include Euclidean Fundamental Value ETF (ECML).First Trust Dow Jones Select Microcap Index Fund (FDM).

Is Insteel Industries a good dividend stock?

Insteel Industries (NASDAQ:IIIN) pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.38%. The dividend payout ratio is 4.60%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IIIN.

What is H. O. Woltz III's approval rating as Insteel Industries' CEO?

9 employees have rated Insteel Industries Chief Executive Officer H. O. Woltz III on Glassdoor.com. H. O. Woltz III has an approval rating of 81% among the company's employees.

What other stocks do shareholders of Insteel Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Insteel Industries investors own include AbbVie (ABBV), Energy Transfer (ET), Ford Motor (F), General Electric (GE), Gilead Sciences (GILD), Pfizer (PFE), Walgreens Boots Alliance (WBA), Exxon Mobil (XOM), Callon Petroleum (CPE) and Enbridge (ENB).

What is Insteel Industries' stock symbol?

Insteel Industries trades on the NASDAQ under the ticker symbol "IIIN."

Who are Insteel Industries' major shareholders?

Insteel Industries' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.30%), Dimensional Fund Advisors LP (6.28%), Royce & Associates LP (4.61%), State Street Corp (3.53%), Mirae Asset Global Investments Co. Ltd. (2.48%) and Franklin Resources Inc. (2.24%). Insiders that own company stock include H O Woltz III, James F Petelle, Richard Wagner, Scot R Jafroodi and Scot R Jafroodi.
View institutional ownership trends
.

How do I buy shares of Insteel Industries?

Shares of IIIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Insteel Industries' stock price today?

One share of IIIN stock can currently be purchased for approximately $33.13.

How much money does Insteel Industries make?

Insteel Industries (NASDAQ:IIIN) has a market capitalization of $643.72 million and generates $826.83 million in revenue each year. The industrial products company earns $125.01 million in net income (profit) each year or $2.61 on an earnings per share basis.

How many employees does Insteel Industries have?

The company employs 964 workers across the globe.

Does Insteel Industries have any subsidiaries?
The following companies are subsidiares of Insteel Industries: Insteel Wire Products Company, Intercontinental Metals Corporation, and Strand-Tech Manufacturing Inc..
Read More
How can I contact Insteel Industries?

Insteel Industries' mailing address is 1373 BOGGS DRIVE, MOUNT AIRY NC, 27030. The official website for the company is www.insteel.com. The industrial products company can be reached via phone at (336) 786-2141 or via fax at 336-719-9097.

This page (NASDAQ:IIIN) was last updated on 9/28/2023 by MarketBeat.com Staff

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