NASDAQ:IIIN - Insteel Industries Stock Price, News, & Analysis

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$27.37 -0.69 (-2.46 %)
(As of 11/18/2018 04:00 PM ET)
Previous Close$27.37
Today's Range$27.23 - $28.01
52-Week Range$24.51 - $43.78
Volume105,635 shs
Average Volume152,419 shs
Market Capitalization$526.11 million
P/E Ratio16.39
Dividend Yield0.44%
Beta2.44
Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers pre-stressed 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 that 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, distributors, rebar fabricators, and contractors primarily in the United States, as well as in Canada, Mexico, and Central and South America. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Steel works, blast furnaces, & rolling & finishing mills
Sub-IndustryBuilding Products
SectorIndustrial Products
Current SymbolNASDAQ:IIIN
Previous Symbol
CUSIP45774W10
Phone336-786-2141

Debt

Debt-to-Equity RatioN/A
Current Ratio2.72
Quick Ratio1.41

Price-To-Earnings

Trailing P/E Ratio16.39
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$453.22 million
Price / Sales1.16
Cash Flow$2.3841 per share
Price / Cash11.48
Book Value$12.57 per share
Price / Book2.18

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$36.26 million
Net Margins8.00%
Return on Equity14.20%
Return on Assets10.87%

Miscellaneous

Employees810
Outstanding Shares19,220,000
Market Cap$526.11 million
OptionableOptionable

Insteel Industries (NASDAQ:IIIN) Frequently Asked Questions

What is Insteel Industries' stock symbol?

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

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

Insteel Industries declared a quarterly dividend on Thursday, November 15th. Shareholders of record on Friday, December 14th will be given a dividend of $0.03 per share on Friday, January 4th. This represents a $0.12 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date is Thursday, December 13th. View Insteel Industries' Dividend History.

How were Insteel Industries' earnings last quarter?

Insteel Industries Inc (NASDAQ:IIIN) issued its quarterly earnings data on Thursday, October, 18th. The industrial products company reported $0.49 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.56 by $0.07. The industrial products company earned $121.40 million during the quarter, compared to the consensus estimate of $130.38 million. Insteel Industries had a net margin of 8.00% and a return on equity of 14.20%. The company's revenue for the quarter was up 25.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.20 earnings per share. View Insteel Industries' Earnings History.

When is Insteel Industries' next earnings date?

Insteel Industries is scheduled to release their next quarterly earnings announcement on Thursday, January 17th 2019. View Earnings Estimates for Insteel Industries.

What price target have analysts set for IIIN?

1 brokerages have issued 1 year target prices for Insteel Industries' shares. Their forecasts range from $34.00 to $34.00. On average, they anticipate Insteel Industries' stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 24.2% from the stock's current price. View Analyst Price Targets for Insteel Industries.

What is the consensus analysts' recommendation for Insteel Industries?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Insteel Industries in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Insteel Industries.

Has Insteel Industries been receiving favorable news coverage?

Headlines about IIIN stock have trended neutral recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Insteel Industries earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future.

Who are some of Insteel Industries' key competitors?

Who are Insteel Industries' key executives?

Insteel Industries' management team includes the folowing people:
  • Mr. Howard Osler Woltz III, Chairman, Pres & CEO (Age 62)
  • Mr. Michael C. Gazmarian, VP, CFO & Treasurer (Age 59)
  • Mr. James F. Petelle, VP of Admin. & Sec. (Age 68)
  • Mr. Richard T. Wagner, VP (Age 59)
  • Mr. Scot R. Jafroodi, Chief Accounting Officer & Corp. Controller

Who are Insteel Industries' major shareholders?

Insteel Industries' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.70%), Franklin Resources Inc. (4.21%), Royce & Associates LP (3.98%), Thomson Horstmann & Bryant Inc. (1.89%), Bank of New York Mellon Corp (1.19%) and WINTON GROUP Ltd (0.95%). Company insiders that own Insteel Industries stock include Charles B Newsome, Gary L Pechota, H O Woltz III, James F Petelle, Michael C Gazmarian, Richard Wagner, Scot R Jafroodi and W Allen Rogers II. View Institutional Ownership Trends for Insteel Industries.

Which institutional investors are selling Insteel Industries stock?

IIIN stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Royce & Associates LP, Thomson Horstmann & Bryant Inc., Bruce & Co. Inc., Russell Investments Group Ltd., JPMorgan Chase & Co., JPMorgan Chase & Co. and Systematic Financial Management LP. Company insiders that have sold Insteel Industries company stock in the last year include Charles B Newsome, H O Woltz III, James F Petelle, Michael C Gazmarian, Scot R Jafroodi and W Allen Rogers II. View Insider Buying and Selling for Insteel Industries.

Which institutional investors are buying Insteel Industries stock?

IIIN stock was purchased by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, BlackRock Inc., AQR Capital Management LLC, Citadel Advisors LLC, Renaissance Technologies LLC, Hillsdale Investment Management Inc., Los Angeles Capital Management & Equity Research Inc. and LPL Financial LLC. View Insider Buying and Selling for Insteel Industries.

How do I buy shares of Insteel Industries?

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

What is Insteel Industries' stock price today?

One share of IIIN stock can currently be purchased for approximately $27.37.

How big of a company is Insteel Industries?

Insteel Industries has a market capitalization of $526.11 million and generates $453.22 million in revenue each year. Insteel Industries employs 810 workers across the globe.

What is Insteel Industries' official website?

The official website for Insteel Industries is http://www.insteel.com.

How can I contact Insteel Industries?

Insteel Industries' mailing address is 1373 BOGGS DRIVE, MOUNT AIRY NC, 27030. The industrial products company can be reached via phone at 336-786-2141.


MarketBeat Community Rating for Insteel Industries (NASDAQ IIIN)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  134 (Vote Outperform)
Underperform Votes:  119 (Vote Underperform)
Total Votes:  253
MarketBeat's community ratings are surveys of what our community members think about Insteel Industries and other stocks. Vote "Outperform" if you believe IIIN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IIIN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/18/2018 by MarketBeat.com Staff

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