Insteel Industries Company Profile (NASDAQ:IIIN)

About Insteel Industries (NASDAQ:IIIN)

Insteel Industries logoInsteel Industries, Inc. is a manufacturer of steel wire reinforcing products for concrete construction applications. The Company's operations are focused on the manufacture and marketing of steel wire reinforcing products for concrete construction applications. Its concrete reinforcing products consist of two product lines: prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). 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. WWR is produced as an engineered reinforcing product for use in nonresidential and residential construction. Its products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. The Company sells its products nationwide across the United States, Canada, Mexico, and Central and South America.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Wires & Cables
  • Sub-Industry: Building Products
  • Symbol: NASDAQ:IIIN
  • CUSIP: 45774W10
  • Web:
  • Market Cap: $487.99 million
  • Outstanding Shares: 19,025,000
Average Prices:
  • 50 Day Moving Avg: $25.27
  • 200 Day Moving Avg: $31.15
  • 52 Week Range: $22.50 - $42.81
  • Trailing P/E Ratio: 17.21
  • Foreward P/E Ratio: 13.50
  • P/E Growth: 1.41
Sales & Book Value:
  • Annual Revenue: $395.1 million
  • Price / Sales: 1.24
  • Book Value: $11.52 per share
  • Price / Book: 2.23
  • Annual Dividend: $0.12
  • Dividend Yield: 0.5%
  • EBIDTA: $57.39 million
  • Net Margins: 7.24%
  • Return on Equity: 13.30%
  • Return on Assets: 10.06%
  • Current Ratio: 3.04%
  • Quick Ratio: 1.53%
  • Average Volume: 132,538 shs.
  • Beta: 2.13
  • Short Ratio: 5.12

Frequently Asked Questions for Insteel Industries (NASDAQ:IIIN)

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 announced a quarterly dividend on Tuesday, August 15th. Shareholders 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 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date is Thursday, September 14th. View Insteel Industries' Dividend History.

How were Insteel Industries' earnings last quarter?

Insteel Industries, Inc. (NASDAQ:IIIN) posted its quarterly earnings results on Thursday, July, 20th. The company reported $0.36 EPS for the quarter, missing the Zacks' consensus estimate of $0.56 by $0.20. The company earned $96.90 million during the quarter, compared to analyst estimates of $122.39 million. Insteel Industries had a net margin of 7.24% and a return on equity of 13.30%. The firm's quarterly revenue was down 16.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.71 EPS. View Insteel Industries' Earnings History.

When will Insteel Industries make its next earnings announcement?

Insteel Industries is scheduled to release their next quarterly earnings announcement on Wednesday, October, 18th 2017. View Earnings Estimates for Insteel Industries.

Who are some of Insteel Industries' key competitors?

Who are Insteel Industries' key executives?

Insteel Industries' management team includes the folowing people:

  • H. O. Woltz III, Chairman of the Board, President, Chief Executive Officer
  • Michael C. Gazmarian, Chief Financial Officer, Vice President, Treasurer
  • Richard T. Wagner, Vice President; General Manager of Insteel Wire Products
  • James F. Petelle, Vice President - Administration, Secretary
  • Charles Benjamin Newsome, Independent Director
  • W. Allen Rogers II, Independent Director
  • Jon M. Ruth, Independent Director
  • Joseph A. Rutkowski, Independent Director

Who owns Insteel Industries stock?

Insteel Industries' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (9.19%), Royal Bank of Canada (7.64%), Dimensional Fund Advisors LP (6.82%), Vanguard Group Inc. (6.10%), Franklin Resources Inc. (3.71%) and Epoch Investment Partners Inc. (2.71%). 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.

Who sold Insteel Industries stock? Who is selling Insteel Industries stock?

Insteel Industries' stock was sold by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, New York State Common Retirement Fund, JPMorgan Chase & Co., Parametric Portfolio Associates LLC, Thrivent Financial For Lutherans, Cadence Capital Management LLC, Municipal Employees Retirement System of Michigan and Isthmus Partners LLC. Company insiders that have sold Insteel Industries stock in the last year include Charles B Newsome, Gary L Pechota, James F Petelle, Richard Wagner and Scot R Jafroodi. View Insider Buying and Selling for Insteel Industries.

Who bought Insteel Industries stock? Who is buying Insteel Industries stock?

Insteel Industries' stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Royal Bank of Canada, Dimensional Fund Advisors LP, Kennedy Capital Management Inc., Royce & Associates LP, Marshall Wace North America L.P., Voya Investment Management LLC and Employees Retirement System of Texas. View Insider Buying and Selling for Insteel Industries.

How do I buy Insteel Industries stock?

Shares of Insteel Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Insteel Industries' stock price today?

One share of Insteel Industries stock can currently be purchased for approximately $25.65.

MarketBeat Community Rating for Insteel Industries (NASDAQ IIIN)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  38 (Vote Outperform)
Underperform Votes:  45 (Vote Underperform)
Total Votes:  83
MarketBeat's community ratings are surveys of what our community members think about Insteel Industries and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Insteel Industries (NASDAQ:IIIN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: N/A

Analysts' Ratings History for Insteel Industries (NASDAQ:IIIN)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/25/2017Longbow ResearchDowngradeBuy -> NeutralHighView Rating Details
3/22/2017SidotiInitiated CoverageBuyLowView Rating Details
7/22/2016Rosenblatt SecuritiesBoost Price TargetNeutral$31.00 -> $34.00N/AView Rating Details
(Data available from 9/24/2015 forward)


Earnings History for Insteel Industries (NASDAQ:IIIN)
Earnings by Quarter for Insteel Industries (NASDAQ:IIIN)
Earnings History by Quarter for Insteel Industries (NASDAQ IIIN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/18/2017$0.56N/AView Earnings Details
7/20/2017Q3 2017$0.56$0.36$122.39 million$96.90 millionViewN/AView Earnings Details
4/20/2017Q2 2017$0.51$0.39$102.46 million$101.16 millionViewN/AView Earnings Details
1/19/2017Q117$0.36$0.23$92.50 million$93.90 millionViewN/AView Earnings Details
10/20/2016Q416$0.61$0.51$125.11 million$103.10 millionViewListenView Earnings Details
7/21/2016Q316$0.52$0.71$119.48 million$115.60 millionViewListenView Earnings Details
4/21/2016Q216$0.35$0.38$92.93 million$107.40 millionViewListenView Earnings Details
1/21/2016Q116$0.35$0.36$103.24 million$92.40 millionViewListenView Earnings Details
10/22/2015Q415$0.48$0.50$131.14 million$118.10 millionViewListenView Earnings Details
7/16/2015Q315$0.39$0.32$128.96 million$117.00 millionViewListenView Earnings Details
4/16/2015Q215$0.24$0.10$111.10 million$101.80 millionViewListenView Earnings Details
1/15/2015Q115$0.18$0.22$101.00 million$110.60 millionViewN/AView Earnings Details
10/16/2014Q414$0.33$0.24$122.00 million$117.10 millionViewListenView Earnings Details
7/17/2014Q314$0.29$0.28$106.40 million$113.20 millionViewN/AView Earnings Details
4/17/2014Q214$0.13$0.19$82.90 million$91.40 millionViewN/AView Earnings Details
1/15/2014Q114$0.10$0.15$93.00 million$87.20 millionViewN/AView Earnings Details
10/17/2013Q413$0.19$0.13$101.98 million$98.20 millionViewN/AView Earnings Details
7/18/2013Q3 2013$0.27$0.18$95.10 million$96.90 millionViewN/AView Earnings Details
4/18/2013Q2 2013$0.12$0.20$87.85 million$82.90 millionViewN/AView Earnings Details
1/17/20131Q13$0.04$0.13ViewN/AView Earnings Details
1/17/2013Q1 2013$0.04$0.13$85.28 million$85.90 millionViewN/AView Earnings Details
10/18/2012$0.10$0.05ViewN/AView Earnings Details
7/19/2012$0.13$0.05ViewN/AView Earnings Details
4/19/2012$0.10$0.02ViewN/AView Earnings Details
1/19/2012$0.02($0.01)ViewN/AView Earnings Details
10/20/2011$0.22$0.05ViewN/AView Earnings Details
7/21/2011$0.30$0.27ViewN/AView Earnings Details
4/21/2011$0.23ViewN/AView Earnings Details
1/27/2011($0.05)($0.44)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Insteel Industries (NASDAQ:IIIN)
Current Year EPS Consensus Estimate: $1.38 EPS
Next Year EPS Consensus Estimate: $1.90 EPS


Current Dividend Information for Insteel Industries (NASDAQ:IIIN)
Next Dividend:9/29/2017
Annual Dividend:$0.12
Dividend Yield:0.47%
Payout Ratio:8.05% (Trailing 12 Months of Earnings)
8.70% (Based on This Year's Estimates)
6.32% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Insteel Industries (NASDAQ:IIIN)

Dividend History by Quarter for Insteel Industries (NASDAQ IIIN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Insteel Industries (NASDAQ:IIIN)
Insider Ownership Percentage: 5.70%
Institutional Ownership Percentage: 81.29%
Insider Trades by Quarter for Insteel Industries (NASDAQ:IIIN)
Institutional Ownership by Quarter for Insteel Industries (NASDAQ:IIIN)
Insider Trades by Quarter for Insteel Industries (NASDAQ:IIIN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/24/2017Richard WagnerVPSell10,732$31.62$339,345.84View SEC Filing  
5/23/2017Richard WagnerVPSell20,465$31.99$654,675.35View SEC Filing  
3/2/2017Scot R JafroodiInsiderSell5,282$37.09$195,909.38View SEC Filing  
3/1/2017Richard WagnerVPSell12,466$38.33$477,821.78View SEC Filing  
2/13/2017Richard WagnerVPSell2,501$37.31$93,312.31View SEC Filing  
12/9/2016Charles B NewsomeDirectorSell1,000$38.82$38,820.00View SEC Filing  
11/29/2016James F PetelleVPSell1,902$40.68$77,373.36View SEC Filing  
11/28/2016Gary L PechotaDirectorSell2,000$40.78$81,560.00View SEC Filing  
9/9/2016Michael C GazmarianVPSell9,488$33.37$316,614.56View SEC Filing  
9/1/2016H O Woltz IIIChairmanSell15,000$33.13$496,950.00View SEC Filing  
8/30/2016H O Woltz IIIChairmanSell20,000$34.47$689,400.00View SEC Filing  
8/19/2016Charles B NewsomeDirectorSell1,500$33.42$50,130.00View SEC Filing  
8/18/2016Richard WagnerVPSell4,420$33.86$149,661.20View SEC Filing  
8/15/2016Richard WagnerVPSell2,178$34.69$75,554.82View SEC Filing  
8/12/2016James F PetelleVPSell766$34.31$26,281.46View SEC Filing  
7/29/2016Scot R JafroodiInsiderSell10,345$34.69$358,868.05View SEC Filing  
7/28/2016James F PetelleVPSell11,913$34.70$413,381.10View SEC Filing  
7/26/2016Michael C GazmarianVPSell59,723$34.88$2,083,138.24View SEC Filing  
6/8/2016James F PetelleVPSell4,693$28.42$133,375.06View SEC Filing  
6/1/2016Richard WagnerVPSell21,791$27.68$603,174.88View SEC Filing  
5/5/2016Richard WagnerVPSell9,653$28.22$272,407.66View SEC Filing  
5/3/2016Richard WagnerVPSell20,680$28.41$587,518.80View SEC Filing  
4/28/2016Scot R JafroodiCAOSell16,360$28.79$471,004.40View SEC Filing  
4/26/2016James F PetelleVPSell10,302$29.46$303,496.92View SEC Filing  
4/25/2016Gary L PechotaDirectorSell3,000$28.58$85,740.00View SEC Filing  
3/9/2016H O Woltz IIICEOSell73,796$26.19$1,932,717.24View SEC Filing  
3/4/2016Charles B NewsomeDirectorSell3,000$26.53$79,590.00View SEC Filing  
3/4/2016H O Woltz IIICEOSell76,202$26.22$1,998,016.44View SEC Filing  
3/3/2016Gary L PechotaDirectorSell5,000$26.28$131,400.00View SEC Filing  
3/1/2016Michael C GazmarianCFOSell26,734$26.15$699,094.10View SEC Filing  
2/29/2016James F PetelleVPSell6,104$26.02$158,826.08View SEC Filing  
2/26/2016W Allen Rogers IIDirectorSell2,500$26.00$65,000.00View SEC Filing  
2/25/2016Michael C GazmarianCFOSell34,439$25.76$887,148.64View SEC Filing  
2/19/2016Michael C GazmarianCFOBuy2,549$20.27$51,668.23View SEC Filing  
2/19/2016Richard WagnerVPSell4,460$25.58$114,086.80View SEC Filing  
2/12/2016James F. PetelleVPSell1,266$24.67$31,232.22View SEC Filing  
12/7/2015Michael C. GazmarianCFOSell13,007$23.84$310,086.88View SEC Filing  
12/2/2015Michael C. GazmarianCFOSell2,854$24.65$70,351.10View SEC Filing  
12/1/2015Michael C. GazmarianCFOSell22,284$24.65$549,300.60View SEC Filing  
11/20/2015H O. Woltz IIICEOSell11,772$24.49$288,296.28View SEC Filing  
11/19/2015H O. Woltz IIICEOSell20,350$24.23$493,080.50View SEC Filing  
11/19/2015Scot R. JafroodiCAOSell4,402$23.96$105,471.92View SEC Filing  
11/18/2015James F. PetelleVPSell5,639$23.87$134,602.93View SEC Filing  
11/13/2015Richard WagnerVPSell2,150$22.48$48,332.00View SEC Filing  
11/2/2015Scot R. JafroodiCAOSell2,532$21.45$54,311.40View SEC Filing  
10/29/2015James F. PetelleVPSell1,500$21.12$31,680.00View SEC Filing  
7/21/2015Gary L PechotaDirectorBuy2,000$17.40$34,800.00View SEC Filing  
2/25/2015James F PetelleVPSell1,300$21.25$27,625.00View SEC Filing  
2/19/2015Michael C GazmarianCFOSell8,731$21.63$188,851.53View SEC Filing  
8/19/2014James F PetelleVPSell8,693$22.16$192,636.88View SEC Filing  
3/7/2014Charles B NewsomeDirectorSell3,000$20.08$60,240.00View SEC Filing  
2/10/2014James F PetelleVPSell1,362$19.01$25,891.62View SEC Filing  
12/2/2013James F PetelleVPSell1,500$19.46$29,190.00View SEC Filing  
8/13/2013James F PetelleVPSell1,800$17.05$30,690.00View SEC Filing  
6/5/2013H O Woltz IIICEOSell16,577$17.88$296,396.76View SEC Filing  
6/3/2013H O Woltz IIICEOSell24,961$18.22$454,789.42View SEC Filing  
5/29/2013H O Woltz IIICEOSell10,546$18.50$195,101.00View SEC Filing  
5/20/2013Gary L PechotaDirectorSell2,500$18.15$45,375.00View SEC Filing  
5/17/2013James F PetelleVPSell4,411$18.02$79,486.22View SEC Filing  
5/17/2013Scot R JafroodiCAOSell1,000$18.30$18,300.00View SEC Filing  
5/13/2013James F PetelleVPSell1,541$17.74$27,337.34View SEC Filing  
3/6/2013H O Woltz IIICEOSell18,500$16.39$303,215.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Insteel Industries (NASDAQ:IIIN)
Latest Headlines for Insteel Industries (NASDAQ:IIIN)
DateHeadline logoHead to Head Comparison: Insteel Industries (IIIN) & Encore Wire Corporation (WIRE) - September 23 at 2:28 AM logoHead-To-Head Review: Encore Wire Corporation (WIRE) versus Insteel Industries (IIIN) - September 22 at 6:42 PM logoHead to Head Analysis: Insteel Industries (IIIN) vs. Encore Wire Corporation (WIRE) - September 21 at 2:28 PM logoZacks: Insteel Industries, Inc. (IIIN) Given $44.00 Consensus Price Target by Brokerages - September 21 at 12:42 AM logoHead-To-Head Analysis: Insteel Industries (IIIN) and Encore Wire Corporation (WIRE) - September 20 at 12:16 AM logoInsteel Industries Announces Fourth Quarter 2017 Conference Call - September 19 at 7:51 PM logoCritical Survey: Insteel Industries (IIIN) versus Encore Wire Corporation (WIRE) - September 19 at 4:26 PM logoComparing Encore Wire Corporation (WIRE) and Insteel Industries (IIIN) - September 19 at 6:30 AM logoInsteel Industries (IIIN) versus Encore Wire Corporation (WIRE) Head to Head Survey - September 18 at 9:01 AM logoComparing Insteel Industries (IIIN) and Encore Wire Corporation (WIRE) - September 17 at 4:46 PM logoEncore Wire Corporation (WIRE) versus Insteel Industries (IIIN) Financial Comparison - September 16 at 12:24 PM logoHead-To-Head Review: Insteel Industries (IIIN) & Encore Wire Corporation (WIRE) - September 16 at 12:32 AM logoAnalyzing Insteel Industries (IIIN) & Encore Wire Corporation (WIRE) - September 16 at 12:10 AM logo Insteel Industries, Inc. (IIIN) Given Consensus Rating of "Buy" by Brokerages - September 15 at 6:44 PM logoFinancial Contrast: Encore Wire Corporation (WIRE) & Insteel Industries (IIIN) - September 14 at 4:16 PM logoEncore Wire Corporation (WIRE) & Insteel Industries (IIIN) Head to Head Contrast - September 13 at 4:30 PM logo Insteel Industries, Inc. (IIIN) Given Average Recommendation of "Buy" by Brokerages - September 11 at 10:32 PM logoCritical Contrast: Insteel Industries (IIIN) versus Encore Wire Corporation (WIRE) - September 11 at 1:06 PM logoInsteel Industries Announces Addition Of G. Kennedy Thompson To Its Board Of Directors - September 6 at 7:45 PM logoCritical Comparison: Insteel Industries (IIIN) and Encore Wire Corporation (WIRE) - September 4 at 8:20 PM logoHead to Head Contrast: Encore Wire Corporation (WIRE) versus Insteel Industries (IIIN) - September 4 at 6:24 PM logoReviewing Encore Wire Corporation (WIRE) and Insteel Industries (IIIN) - August 31 at 2:26 AM logoCritical Analysis: Insteel Industries (IIIN) versus Encore Wire Corporation (WIRE) - August 29 at 6:18 PM logo Analysts Set $44.00 Target Price for Insteel Industries, Inc. (IIIN) - August 27 at 12:52 AM logoLongbow Research Downgrades Insteel Industries, Inc. (IIIN) to Neutral - August 26 at 10:34 PM logoComparing Encore Wire Corporation (WIRE) & Insteel Industries (IIIN) - August 26 at 8:20 PM logoInsteel Industries, Inc. (IIIN) Rating Lowered to Sell at BidaskClub - August 22 at 6:58 PM logoInsteel Industries, Inc. (IIIN) to Issue $0.03 Quarterly Dividend - August 16 at 11:22 AM logoETFs with exposure to Insteel Industries, Inc. : August 4, 2017 - August 4 at 8:02 PM logoInsteel Industries, Inc. :IIIN-US: Earnings Analysis: Q3, 2017 By the Numbers : July 24, 2017 - July 24 at 11:31 PM logoInsteel Industries, Inc. breached its 50 day moving average in a Bearish Manner : IIIN-US : July 21, 2017 - July 21 at 4:21 PM logoMid-Day Market Update: Avista Gains Following Announcement Of Takeover By Hydro One; A. Schulman Shares Drop - July 20 at 11:33 PM logoInsteel Industries Reports Third Quarter 2017 Financial Results - July 20 at 11:33 PM logoInsteel Industries posts 3Q profit - July 20 at 11:33 PM logoEdited Transcript of IIIN earnings conference call or presentation 20-Jul-17 2:00pm GMT - July 20 at 11:33 PM logoInsteel Industries, Inc. (IIIN) Releases Earnings Results, Misses Expectations By $0.17 EPS - July 20 at 9:52 AM logoInsteel Industries, Inc. – Value Analysis (NASDAQ:IIIN) : June 30, 2017 - June 30 at 7:55 PM logoInsteel Industries, Inc. breached its 50 day moving average in a Bullish Manner : IIIN-US : June 29, 2017 - June 30 at 12:09 AM logoInsteel Industries Announces Third Quarter 2017 Conference Call - June 20 at 6:43 PM logoInsteel Industries, Inc. : IIIN-US: Dividend Analysis : June 16th, 2017 (record date) : By the numbers : June 16, 2017 - June 16 at 6:43 PM logoRichard Wagner Sells 10,732 Shares of Insteel Industries Inc (IIIN) Stock - May 25 at 4:23 PM logoInsteel Industries Inc (IIIN) VP Richard Wagner Sells 20,465 Shares - May 24 at 4:22 PM logoInsteel Industries Inc (IIIN) Announces $0.03 Quarterly Dividend - May 11 at 6:44 PM logoInsteel Industries (IIIN) Getting Somewhat Positive Press Coverage, Report Shows - April 30 at 6:05 PM logoInsteel Industries Inc (IIIN) Sees Significant Growth in Short Interest - April 29 at 7:16 AM logoSomewhat Favorable Media Coverage Likely to Affect Insteel Industries (IIIN) Stock Price - April 26 at 11:06 PM logoInsteel Industries, Inc. breached its 50 day moving average in a Bullish Manner : IIIN-US : April 26, 2017 - April 26 at 7:28 PM logoETFs with exposure to Insteel Industries, Inc. : April 24, 2017 - April 24 at 5:33 PM logoEdited Transcript of IIIN earnings conference call or presentation 20-Apr-17 2:00pm GMT - April 21 at 10:47 PM logoInsteel Industries (IIIN) Earning Somewhat Negative News Coverage, Analysis Shows - April 21 at 9:22 PM



Insteel Industries (IIIN) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by Staff