Insteel Industries (IIIN) Stock Price, News & Analysis $34.47 +0.10 (+0.29%) (As of 04:24 PM ET) Add Compare Share Share Today's Range$34.13▼$34.7850-Day Range$26.98▼$36.2952-Week Range$24.42▼$36.86Volume103,504 shsAverage Volume94,619 shsMarket Capitalization$670.44 millionP/E Ratio20.77Dividend Yield0.35%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaSustainabilityStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaSustainability Insteel Industries MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainability-4.23Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth210.48%From $1.24 to $3.85 Per ShareSee Full Details Hide Full Details 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 starsIndustrial Products Sector137th out of 170 stocksSteel Works, Blast Furnaces, & Rolling & Finishing Mills Industry5th out of 6 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Insteel Industries. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for IIIN. Previous Next 1.7 Dividend Strength Dividend YieldInsteel Industries has a dividend yield of 0.35%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthInsteel Industries does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Insteel Industries is 7.23%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Insteel Industries will have a dividend payout ratio of 3.12% next year. This indicates that Insteel Industries will be able to sustain or increase its dividend. Previous Next 0.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreInsteel Industries has received a -73.78% net impact score from Upright. The largest negative impact of Insteel Industries in category "GHG emissions" seems to be driven mostly by its "Carbon steel wire", "Steel reinforcement meshes", and "Stainless steel wire" products. See details.Environmental SustainabilityThe Environmental Impact score for Insteel Industries is -4.23. Previous Next 0.6 News and Social Media Coverage Search InterestOnly 2 people have searched for IIIN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows4 people have added Insteel Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Insteel Industries insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.40% of the stock of Insteel Industries is held by insiders.Percentage Held by Institutions80.99% of the stock of Insteel Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Insteel Industries are expected to grow by 210.48% in the coming year, from $1.24 to $3.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Insteel Industries is 20.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Insteel Industries is 20.77, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.85.Price to Earnings Growth RatioInsteel Industries has a PEG Ratio of 2.31. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioInsteel Industries has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Insteel Industries Stock (NASDAQ:IIIN)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. It sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.Read More IIIN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IIIN Stock News HeadlinesNovember 15, 2023 | morningstar.comInsteel Industries Inc IIINOctober 23, 2023 | msn.comInsteel Industries: Mixed End Markets But Some Green ShootsDecember 11, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comOctober 21, 2023 | seekingalpha.comInsteel Industries: Monitoring The Leading Construction Indicators Into 2024October 20, 2023 | finance.yahoo.comInsteel Industries, Inc. (NYSE:IIIN) Q4 2023 Earnings Call TranscriptOctober 19, 2023 | msn.comInsteel Industries declines as earnings shrink on weaker pricingOctober 19, 2023 | markets.businessinsider.comInsteel Industries Q4 Profit PlungesOctober 19, 2023 | finance.yahoo.comInsteel Industries Inc (IIIN) Reports Fourth Quarter and Fiscal 2023 ResultsDecember 11, 2023 | Financial Alphas (Ad)Countries Are Investing Heavily Into Securing Energy IndependenceThere's a worldwide "arms race" for countries to secure lithium - the critical metal essential to powering the world's green energy transition. While the U.S. is now investing heavily into lithium production, the North American supply chain has fallen far behind. One company is on a mission to change that and make a previously remote area the next great lithium mining hub.October 19, 2023 | finance.yahoo.comInsteel Industries Reports Fourth Quarter and Fiscal 2023 ResultsOctober 18, 2023 | msn.comInsteel Q4 2023 Earnings PreviewOctober 13, 2023 | finance.yahoo.comIs There Now An Opportunity In Insteel Industries, Inc. (NYSE:IIIN)?September 28, 2023 | finance.yahoo.comA Look At The Fair Value Of Insteel Industries, Inc. (NYSE:IIIN)September 19, 2023 | finance.yahoo.comInsteel Industries Announces Fourth Quarter 2023 Conference CallSeptember 14, 2023 | finance.yahoo.comHere's What To Make Of Insteel Industries' (NYSE:IIIN) Decelerating Rates Of ReturnAugust 1, 2023 | finance.yahoo.comInsteel Industries, Inc. (NYSE:IIIN) is largely controlled by institutional shareholders who own 82% of the companyJuly 25, 2023 | finance.yahoo.comInsteel cites pricing squeeze for down quarterJuly 23, 2023 | finance.yahoo.comInsteel Industries, Inc. (NYSE:IIIN) Q3 2023 Earnings Call TranscriptJuly 20, 2023 | markets.businessinsider.comInsteel Industries Inc. Profit Declines In Q3July 20, 2023 | finance.yahoo.comInsteel Industries Reports Third Quarter 2023 ResultsJune 20, 2023 | finance.yahoo.comInsteel Industries Announces Third Quarter 2023 Conference CallJune 15, 2023 | sg.finance.yahoo.comIIIN - Insteel Industries, Inc.June 2, 2023 | finance.yahoo.comInvesting in Insteel Industries (NYSE:IIIN) three years ago would have delivered you a 87% gainMay 19, 2023 | finance.yahoo.comIs Insteel Industries, Inc.'s (NYSE:IIIN) Recent Stock Performance Tethered To Its Strong Fundamentals?May 18, 2023 | msn.comInsteel Industries (IIIN) Declares $0.03 DividendMay 16, 2023 | msn.comInsteel Industries, Inc. declares $0.03 dividendMay 5, 2023 | finance.yahoo.comWhen Should You Buy Insteel Industries, Inc. (NYSE:IIIN)?See More Headlines Receive IIIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Insteel Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/29 Dividend9/14/2023Dividend Payable9/29/2023Last Earnings10/19/2023Ex-Dividend for 12/22 Dividend12/07/2023Today12/11/2023Dividend Payable12/22/2023Next Earnings (Estimated)1/18/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Steel works, blast furnaces, & rolling & finishing mills Sub-IndustryBuilding Products SectorIndustrial Products Current SymbolNASDAQ:IIIN CUSIP45774W10 CIK764401 Webwww.insteel.com Phone(336) 786-2141Fax336-719-9097Employees884Year Founded1953Profitability EPS (Most Recent Fiscal Year)$1.66 Trailing P/E Ratio20.70 Forward P/E Ratio27.72 P/E Growth2.31Net Income$32.42 million Net Margins4.99% Pretax Margin6.43% Return on Equity8.04% Return on Assets6.83% Debt Debt-to-Equity RatioN/A Current Ratio6.47 Quick Ratio4.24 Sales & Book Value Annual Sales$649.19 million Price / Sales1.03 Cash Flow$2.22 per share Price / Cash Flow15.45 Book Value$19.61 per share Price / Book1.75Miscellaneous Outstanding Shares19,450,000Free Float18,403,000Market Cap$668.50 million OptionableOptionable Beta1.05 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Howard Osler Woltz III (Age 67)President, CEO & Chairman Comp: $1.85MMr. Richard T. Wagner (Age 64)Senior VP & COO Comp: $843.6kMr. James R. York (Age 64)Senior Vice President of Sourcing & Logistics Comp: $588.94kMr. Scot R. Jafroodi (Age 53)VP, CFO & Treasurer Ms. Elizabeth Carroll Southern (Age 42)VP of Administration, Secretary & Chief Legal Officer Key CompetitorsHaynes InternationalNASDAQ:HAYNGibraltar IndustriesNASDAQ:ROCKWorthington IndustriesNYSE:WORCentury AluminumNASDAQ:CENXAstec IndustriesNASDAQ:ASTEView All CompetitorsInsiders & InstitutionsCitigroup Inc.Sold 6,192 shares on 12/6/2023Ownership: 0.039%Wellington Management Group LLPBought 2,200 shares on 12/1/2023Ownership: 0.378%American Century Companies Inc.Bought 58,423 shares on 11/30/2023Ownership: 1.030%Deutsche Bank AGBought 1,294 shares on 11/24/2023Ownership: 0.048%Public Sector Pension Investment BoardSold 10,489 shares on 11/22/2023Ownership: 0.123%View All Insider TransactionsView All Institutional Transactions IIIN Stock Analysis - Frequently Asked Questions How have IIIN shares performed in 2023? Insteel Industries' stock was trading at $27.52 at the start of the year. Since then, IIIN stock has increased by 25.3% and is now trading at $34.47. 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, January 18th 2024. View our IIIN earnings forecast. How were Insteel Industries' earnings last quarter? Insteel Industries, Inc. (NASDAQ:IIIN) released its earnings results on Thursday, October, 19th. The industrial products company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.62 by $0.33. The industrial products company had revenue of $157.52 million for the quarter, compared to analyst estimates of $167.10 million. Insteel Industries had a trailing twelve-month return on equity of 8.04% and a net margin of 4.99%. During the same period in the previous year, the business earned $1.24 earnings per share. How often does Insteel Industries pay dividends? What is the dividend yield for Insteel Industries? Insteel Industries declared a quarterly dividend on Tuesday, November 14th. Stockholders of record on Friday, December 8th will be paid a dividend of $2.50 per share on Friday, December 22nd. This represents a $10.00 dividend on an annualized basis and a dividend yield of 29.01%. The ex-dividend date is Thursday, December 7th. Read our dividend analysis for IIIN. 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 0.35%. The dividend payout ratio is 7.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IIIN will have a dividend payout ratio of 3.12% next year. This indicates that the company will be able to sustain or increase its dividend. 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 EA Series Trust - Euclidean Fundamental Value ETF (ECML).First Trust Dow Jones Select Microcap Index Fund (FDM). 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). Who are Insteel Industries' major shareholders? Insteel Industries' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (2.72%), Royal Bank of Canada (1.82%), Kennedy Capital Management LLC (1.55%), Bank of New York Mellon Corp (1.33%), Oppenheimer & Co. Inc. (1.26%) and Northern Trust Corp (1.10%). 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. 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 This page (NASDAQ:IIIN) was last updated on 12/11/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Insteel Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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