NASDAQ:IIIN Insteel Industries (IIIN) Stock Forecast, Price & News $32.46 -0.37 (-1.13%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$32.45▼$33.1150-Day Range$30.69▼$35.7252-Week Range$24.00▼$35.80Volume66,597 shsAverage Volume94,786 shsMarket Capitalization$630.70 millionP/E Ratio12.44Dividend Yield0.37%Price TargetN/A ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Insteel Industries MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainability-4.23Upright™ Environmental ScoreNews Sentiment1.50Based on 4 Articles This WeekInsider TradingSelling Shares$160,571 Sold Last QuarterProj. Earnings GrowthN/ASee 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.1.66 out of 5 starsIndustrial Products Sector162nd out of 180 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 0.8 Dividend Strength Dividend YieldInsteel Industries has a dividend yield of 0.36%, 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 4.60%. This payout ratio is at a healthy, sustainable level, below 75%. 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 3.6 News and Social Media Coverage News SentimentInsteel Industries has a news sentiment score of 1.50. 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 0.66 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Insteel Industries this week, compared to 1 article on an average week.MarketBeat Follows6 people have added Insteel Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $160,571.00 in 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 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Insteel Industries is 12.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Insteel Industries is 12.44, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.49.Price to Book Value per Share RatioInsteel Industries has a P/B Ratio of 1.62. 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 (NASDAQ:IIIN) StockInsteel 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. The company sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors primarily in the United States, Canada, Mexico, and Central and South America. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.Read More IIIN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IIIN Stock News HeadlinesSeptember 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 29, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 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 Q3September 29, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.July 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)?April 27, 2023 | finance.yahoo.comInsteel Industries, Inc. (NYSE:IIIN) Q2 2023 Earnings Call TranscriptApril 21, 2023 | finance.yahoo.comCalculating The Fair Value Of Insteel Industries, Inc. (NYSE:IIIN)April 20, 2023 | seekingalpha.comInsteel Industries, Inc. 2023 Q3 - Results - Earnings Call PresentationApril 20, 2023 | finance.yahoo.comInflation, weather affect Insteel's quarter, but company sees improvements in rest of yearApril 20, 2023 | finance.yahoo.comInsteel Industries Reports Second Quarter 2023 ResultsApril 12, 2023 | seekingalpha.comInsteel Industries Is Offering A Good Entry PointApril 9, 2023 | uk.finance.yahoo.comWhy The 37% Return On Capital At Insteel Industries (NYSE:IIIN) Should Have Your AttentionMarch 20, 2023 | businesswire.comInsteel Industries Announces Second Quarter 2023 Conference CallFebruary 22, 2023 | finance.yahoo.comInsteel Industries, Inc. (NYSE:IIIN) is largely controlled by institutional shareholders who own 80% of the companyFebruary 8, 2023 | yahoo.comHere's Why Shareholders May Want To Be Cautious With Increasing Insteel Industries, Inc.'s (NYSE:IIIN) CEO Pay PacketSee 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 IIIN Company Calendar Last Earnings7/20/2023Ex-Dividend for 9/29 Dividend9/14/2023Today9/29/2023Dividend Payable9/29/2023Fiscal Year End9/30/2023Next Earnings (Confirmed)10/19/2023Get 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) 786-2141Fax336-719-9097Employees964Year Founded1953Profitability EPS (Most Recent Fiscal Year)$2.61 Trailing P/E Ratio12.44 Forward P/E RatioN/A P/E GrowthN/ANet Income$125.01 million Net Margins7.30% Pretax Margin9.44% Return on Equity13.00% Return on Assets10.96% Debt Debt-to-Equity RatioN/A Current Ratio5.83 Quick Ratio3.22 Sales & Book Value Annual Sales$826.83 million Price / Sales0.76 Cash Flow$7.03 per share Price / Cash Flow4.62 Book Value$20.01 per share Price / Book1.62Miscellaneous Outstanding Shares19,430,000Free Float18,384,000Market Cap$630.70 million OptionableOptionable Beta1.06 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Howard Osler Woltz III (Age 67)Pres, CEO & Chairman Comp: $1.85MMr. Richard T. Wagner (Age 64)Sr. VP & COO Comp: $843.6kMr. James F. Petelle (Age 73)Sec. & Chief Legal Officer Comp: $603.97kMr. James R. York (Age 64)Sr. VP of Sourcing & Logistics Comp: $588.94kMr. Scot R. Jafroodi (Age 53)CFO, VP, Chief Accounting Officer & Corp. Controller Elizabeth Carroll SouthernVP of Admin.More ExecutivesKey CompetitorsCentury AluminumNASDAQ:CENXMyers IndustriesNYSE:MYEProto LabsNYSE:PRLBDigimarcNASDAQ:DMRCHudson TechnologiesNASDAQ:HDSNView All CompetitorsInsiders & InstitutionsDelphi Management Inc. MABought 9,461 shares on 8/28/2023Ownership: 0.049%Virginia Retirement Systems ET ALBought 8,000 shares on 8/22/2023Ownership: 0.041%Richard WagnerSold 2,533 sharesTotal: $77,763.10 ($30.70/share)California State Teachers Retirement SystemSold 717 shares on 8/21/2023Ownership: 0.120%Teachers Retirement System of The State of KentuckyBought 342 shares on 8/21/2023Ownership: 0.034%View All Insider TransactionsView All Institutional Transactions IIIN Stock - Frequently Asked Questions Should I buy or sell Insteel Industries stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Insteel Industries in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" IIIN shares. View IIIN analyst ratings or view top-rated stocks. How have IIIN shares performed in 2023? Insteel Industries' stock was trading at $27.52 on January 1st, 2023. Since then, IIIN shares have increased by 18.0% and is now trading at $32.46. 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, October 19th 2023. View our IIIN earnings forecast. How can I listen to Insteel Industries' earnings call? Insteel Industries will be holding an earnings conference call on Thursday, October 19th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Insteel Industries' earnings last quarter? Insteel Industries, Inc. (NASDAQ:IIIN) issued its quarterly earnings results on Thursday, July, 20th. The industrial products company reported $0.54 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.67 by $0.13. The industrial products company earned $165.71 million during the quarter. Insteel Industries had a trailing twelve-month return on equity of 13.00% and a net margin of 7.30%. How often does Insteel Industries pay dividends? What is the dividend yield for Insteel Industries? Insteel Industries declared a quarterly dividend on Tuesday, August 15th. Stockholders of record on Friday, September 15th will be given 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 0.37%. The ex-dividend date is Thursday, September 14th. 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 Euclidean Fundamental Value ETF (ECML).First Trust Dow Jones Select Microcap Index Fund (FDM). 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 0.36%. The dividend payout ratio is 4.60%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for IIIN. 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). What is Insteel Industries' stock symbol? Insteel Industries trades on the NASDAQ under the ticker symbol "IIIN." 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. What is Insteel Industries' stock price today? One share of IIIN stock can currently be purchased for approximately $32.46. How much money does Insteel Industries make? Insteel Industries (NASDAQ:IIIN) has a market capitalization of $630.70 million and generates $826.83 million in revenue each year. The industrial products company earns $125.01 million in net income (profit) each year or $2.61 on an earnings per share basis. How many employees does Insteel Industries have? The company employs 964 workers across the globe. 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 How can I contact Insteel Industries? Insteel Industries' mailing address is 1373 BOGGS DRIVE, MOUNT AIRY NC, 27030. The official website for the company is www.insteel.com. The industrial products company can be reached via phone at (336) 786-2141 or via fax at 336-719-9097. This page (NASDAQ:IIIN) was last updated on 9/29/2023 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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