How have IIIN shares performed in 2023?

Insteel Industries' stock was trading at $27.52 at the beginning of the year. Since then, IIIN shares have 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) issued its quarterly earnings results on Thursday, October, 19th. The industrial products company reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.62 by $0.33. The industrial products company had revenue of $157.52 million for the quarter, compared to analysts' expectations of $167.10 million. Insteel Industries had a net margin of 4.99% and a trailing twelve-month return on equity of 8.04%. During the same quarter in the previous year, the firm earned $1.24 EPS.

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

Insteel Industries announced a quarterly dividend on Tuesday, November 14th. Shareholders of record on Friday, December 8th will be given a dividend of $2.50 per share on Friday, December 22nd. This represents a $10.00 annualized dividend and a yield of 29.01%. The ex-dividend date of this dividend 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 number 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

Insteel Industries (IIIN) Stock Price, News & Analysis

$34.47

+0.10 (+0.29%)

(As of 04:24 PM ET)

Compare

Today's Range: $34.13
▼
$34.78
50-Day Range: $26.98
▼
$36.29
52-Week Range: $24.42
▼
$36.86

Volume: 103,504 shs
Average Volume: 94,619 shs
Market Capitalization: $670.44 million

P/E Ratio: 20.77
Dividend Yield: 0.35%
Price Target: N/A

Insteel Industries MarketRank™ Stock Analysis

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: N/A
Proj. Earnings Growth: 210.48%
From $1.24 to $3.85 Per Share

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

137th out of 170 stocks

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

5th out of 6 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Insteel Industries.

N/A

Short Interest

Short Interest
There is no current short interest data available for IIIN.

1.7

Dividend Strength

Dividend Yield
Insteel Industries has a dividend yield of 0.35%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Insteel Industries does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Insteel Industries is 7.23%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based 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.

0.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Insteel 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 Sustainability
The Environmental Impact score for Insteel Industries is -4.23.

0.6

News and Social Media Coverage

Search Interest
Only 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 Follows
4 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.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Insteel Industries insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.40% of the stock of Insteel Industries is held by insiders.
Percentage Held by Institutions
80.99% of the stock of Insteel Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings 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 Market
The 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. Sector
The 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 Ratio
Insteel 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 Ratio
Insteel 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.

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.

IIIN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IIIN Stock News Headlines

November 15, 2023 | morningstar.com

Insteel Industries Inc IIIN

October 23, 2023 | msn.com

Insteel Industries: Mixed End Markets But Some Green Shoots

December 11, 2023 | Autonomix (Ad)

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October 21, 2023 | seekingalpha.com

Insteel Industries: Monitoring The Leading Construction Indicators Into 2024

October 20, 2023 | finance.yahoo.com

Insteel Industries, Inc. (NYSE:IIIN) Q4 2023 Earnings Call Transcript

October 19, 2023 | msn.com

Insteel Industries declines as earnings shrink on weaker pricing

October 19, 2023 | markets.businessinsider.com

Insteel Industries Q4 Profit Plunges

October 19, 2023 | finance.yahoo.com

Insteel Industries Inc (IIIN) Reports Fourth Quarter and Fiscal 2023 Results

December 11, 2023 | Financial Alphas (Ad)

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October 19, 2023 | finance.yahoo.com

Insteel Industries Reports Fourth Quarter and Fiscal 2023 Results

October 18, 2023 | msn.com

Insteel Q4 2023 Earnings Preview

October 13, 2023 | finance.yahoo.com

Is There Now An Opportunity In Insteel Industries, Inc. (NYSE:IIIN)?

September 28, 2023 | finance.yahoo.com

A Look At The Fair Value Of Insteel Industries, Inc. (NYSE:IIIN)

September 19, 2023 | finance.yahoo.com

Insteel Industries Announces Fourth Quarter 2023 Conference Call

September 14, 2023 | finance.yahoo.com

Here's What To Make Of Insteel Industries' (NYSE:IIIN) Decelerating Rates Of Return

August 1, 2023 | finance.yahoo.com

Insteel Industries, Inc. (NYSE:IIIN) is largely controlled by institutional shareholders who own 82% of the company

July 25, 2023 | finance.yahoo.com

Insteel cites pricing squeeze for down quarter

July 23, 2023 | finance.yahoo.com

Insteel Industries, Inc. (NYSE:IIIN) Q3 2023 Earnings Call Transcript

July 20, 2023 | markets.businessinsider.com

Insteel Industries Inc. Profit Declines In Q3

July 20, 2023 | finance.yahoo.com

Insteel Industries Reports Third Quarter 2023 Results

June 20, 2023 | finance.yahoo.com

Insteel Industries Announces Third Quarter 2023 Conference Call

June 15, 2023 | sg.finance.yahoo.com

IIIN - Insteel Industries, Inc.

June 2, 2023 | finance.yahoo.com

Investing in Insteel Industries (NYSE:IIIN) three years ago would have delivered you a 87% gain

May 19, 2023 | finance.yahoo.com

Is Insteel Industries, Inc.'s (NYSE:IIIN) Recent Stock Performance Tethered To Its Strong Fundamentals?

May 18, 2023 | msn.com

Insteel Industries (IIIN) Declares $0.03 Dividend

May 16, 2023 | msn.com

Insteel Industries, Inc. declares $0.03 dividend

May 5, 2023 | finance.yahoo.com

When Should You Buy Insteel Industries, Inc. (NYSE:IIIN)?

See More Headlines

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Company Calendar

Ex-Dividend for 9/29 Dividend: 9/14/2023
Dividend Payable: 9/29/2023
Last Earnings: 10/19/2023
Ex-Dividend for 12/22 Dividend: 12/07/2023
Today: 12/11/2023
Dividend Payable: 12/22/2023
Next Earnings (Estimated): 1/18/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Steel works, blast furnaces, & rolling & finishing mills
Sub-Industry: Building Products
Sector: Industrial Products
Current Symbol: NASDAQ:IIIN
CUSIP: 45774W10
CIK: 764401
Web: www.insteel.com
Phone: (336) 786-2141
Fax: 336-719-9097
Employees: 884
Year Founded: 1953

Profitability

EPS (Most Recent Fiscal Year): $1.66
Trailing P/E Ratio: 20.70
Forward P/E Ratio: 27.72
P/E Growth: 2.31
Net Income: $32.42 million
Net Margins: 4.99%
Pretax Margin: 6.43%
Return on Equity: 8.04%
Return on Assets: 6.83%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.47
Quick Ratio: 4.24

Sales & Book Value

Annual Sales: $649.19 million
Price / Sales: 1.03
Cash Flow: $2.22 per share
Price / Cash Flow: 15.45
Book Value: $19.61 per share
Price / Book: 1.75

Miscellaneous

Outstanding Shares: 19,450,000
Free Float: 18,403,000
Market Cap: $668.50 million
Optionable: Optionable
Beta: 1.05

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Key Executives

Mr. Howard Osler Woltz III (Age 67)
President, CEO & Chairman
Comp: $1.85M
Mr. Richard T. Wagner (Age 64)
Senior VP & COO
Comp: $843.6k
Mr. James R. York (Age 64)
Senior Vice President of Sourcing & Logistics
Comp: $588.94k
Mr. Scot R. Jafroodi (Age 53)
VP, CFO & Treasurer
Ms. Elizabeth Carroll Southern (Age 42)
VP of Administration, Secretary & Chief Legal Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View 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

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Insteel Industries (IIIN) Stock Price, News & Analysis

Insteel Industries MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Insteel Industries Stock (NASDAQ:IIIN)

IIIN Stock Price History

IIIN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

IIIN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™