Insteel Industries (IIIN) Stock Price, News & Analysis

Company Overview

Insteel Industries, Inc. manufactures steel wire reinforcing products used in concrete construction. Its primary products include welded wire reinforcement and prestressed concrete strand, which help reinforce concrete in applications such as buildings, roads, bridges and other infrastructure.

The company sells its products to manufacturers and distributors serving the construction industry. Its operations are based in the United States, with manufacturing facilities located across the country.

Founded in 1953, Insteel is headquartered in Mount Airy, North Carolina. The company focuses on supplying wire reinforcement products for residential, nonresidential and infrastructure construction markets.

Key Stats

• Today's Range: $27.79 to $28.17
• 50-Day Range: $26.73 to $31.30
• 52-Week Range: $24.35 to $38.45
• Volume: 24,600 shs
• Average Volume: 217,172 shs
• Market Capitalization: $541.12 million
• P/E Ratio: 18.40
• Dividend Yield: 0.43%
• Price Target: N/A
• Consensus Rating: Reduce

Insteel Industries Stock Analysis - MarketRank™

Insteel Industries scored higher than 77% of companies evaluated by MarketBeat, and ranked 292nd out of 655 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Reduce

Consensus Rating

Insteel Industries has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

Insteel Industries has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 24.60%

Earnings Growth

Earnings for Insteel Industries are expected to grow by 24.60% in the coming year, from $1.87 to $2.33 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Insteel Industries is 18.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.37.

Price to Earnings Ratio vs. Sector

The P/E ratio of Insteel Industries is 18.40, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 32.28.

Price to Earnings Growth Ratio

Insteel Industries has a PEG Ratio of 1.25. 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 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.95% of the float of Insteel Industries has been sold short.

Short Interest Ratio / Days to Cover

Insteel Industries has a short interest ratio ("days to cover") of 3.52, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Insteel Industries has recently decreased by 14.30%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Insteel Industries has a dividend yield of 0.43%, 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 7.89%. 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 5.15% next year. This indicates that Insteel Industries will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.2 / 5
• News Sentiment: 0.80

News Sentiment

Insteel Industries has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Insteel Industries this week, compared to 2 articles on an average week.

Search Interest

1 people have searched for IIIN on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added Insteel Industries to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Insteel Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $49,708.00 in company stock.

Percentage Held by Insiders

6.20% of the stock of Insteel Industries is held by insiders.

Percentage Held by Institutions

83.27% of the stock of Insteel Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 9/25 Dividend: 9/11/2026
• Ex-Dividend for 9/25 Dividend: 9/11/2026
• Dividend Payable: 9/25/2026
• Last Earnings: 10/22/2026
• Today: 11/13/2026
• Record date for 12/11 Dividend: 11/27/2026
• Ex-Dividend for 12/11 Dividend: 11/27/2026
• Dividend Payable: 12/11/2026
• Fiscal Year End: 9/30/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Building Products
• Sub-Industry: Building Products
• Current Symbol: NYSE:IIIN
• Previous Symbol: NYSE:IIIN
• CIK: 764401
• Web: insteel.com
• Phone: (336) 786-2141
• Fax: 336-719-9097
• Employees: 983
• Year Founded: 1953

Profitability

• EPS (Trailing Twelve Months): $1.52
• Trailing P/E Ratio: 18.40
• Forward P/E Ratio: 12.00
• P/E Growth: 1.25
• Net Income: $29.55 million
• Net Margins: 4.00%
• Pretax Margin: 5.18%
• Return on Equity: 8.17%
• Return on Assets: 6.44%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.72
• Quick Ratio: 1.76

Sales & Book Value

• Annual Sales: $739.51 million
• Price / Sales: 0.73
• Cash Flow: $2.48 per share
• Price / Cash Flow: 11.29
• Book Value: $19.61 per share
• Price / Book: 1.43

Miscellaneous

• Outstanding Shares: 19,350,000
• Free Float: 18,154,000
• Market Cap: $541.12 million
• Optionable: Optionable
• Beta: 0.52