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: Steel & Iron
  • Sub-Industry: Building Products
  • Symbol: NASDAQ:IIIN
  • CUSIP: 45774W10
  • Web: www.insteel.com
Capitalization:
  • Market Cap: $595.48 million
  • Outstanding Shares: 19,025,000
Average Prices:
  • 50 Day Moving Avg: $34.55
  • 200 Day Moving Avg: $35.65
  • 52 Week Range: $22.50 - $42.81
P/E:
  • Trailing P/E Ratio: 17.05
  • Foreward P/E Ratio: 11.47
  • P/E Growth: 1.45
Sales & Book Value:
  • Annual Revenue: $413.79 million
  • Price / Sales: 1.44
  • Book Value: $11.18 per share
  • Price / Book: 2.80
Dividend:
  • Annual Dividend: $0.12
  • Dividend Yield: 0.4%
Profitability:
  • EBIDTA: $67.69 million
  • Net Margins: 8.33%
  • Return on Equity: 16.65%
  • Return on Assets: 12.65%
Debt:
  • Current Ratio: 2.69%
  • Quick Ratio: 1.69%
Misc:
  • Average Volume: 136,465 shs.
  • Beta: 2.3
  • Short Ratio: 7.76
 

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 Thursday, May 11th. Shareholders of record on Friday, June 16th will be given a dividend of $0.03 per share on Friday, June 30th. This represents a $0.12 annualized dividend and a yield of 0.38%. The ex-dividend date of this dividend is Wednesday, June 14th. View Insteel Industries' Dividend History.

How were Insteel Industries' earnings last quarter?

Insteel Industries Inc (NASDAQ:IIIN) announced its quarterly earnings results on Thursday, April, 20th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.51 by $0.12. The firm had revenue of $101.16 million for the quarter, compared to the consensus estimate of $102.46 million. Insteel Industries had a net margin of 8.33% and a return on equity of 16.65%. The company's revenue was down 5.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.38 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, July, 19th 2017. View Earnings Estimates for Insteel Industries.

Where is Insteel Industries' stock going? Where will Insteel Industries' stock price be in 2017?

3 brokerages have issued 1-year price targets for Insteel Industries' shares. Their predictions range from $34.00 to $34.00. On average, they expect Insteel Industries' stock price to reach $34.00 in the next twelve months. View Analyst Ratings for Insteel Industries.

Are investors shorting Insteel Industries?

Insteel Industries saw a increase in short interest during the month of April. As of April 13th, there was short interest totalling 1,246,882 shares, an increase of 29.0% from the March 31st total of 966,858 shares. Based on an average daily volume of 106,793 shares, the days-to-cover ratio is presently 11.7 days. Approximately 7.0% of the shares of the company are sold short.

Who are some of Insteel Industries' key competitors?

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.

How much does a share of Insteel Industries stock cost?

One share of Insteel Industries stock can currently be purchased for approximately $31.30.

Analyst Ratings

Consensus Ratings for Insteel Industries (NASDAQ:IIIN) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $34.00 (8.63% upside)

Analysts' Ratings History for Insteel Industries (NASDAQ:IIIN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/22/2017SidotiInitiated CoverageBuyLowView Rating Details
3/10/2017Longbow ResearchInitiated CoverageBuy -> BuyLowView Rating Details
7/22/2016Rosenblatt SecuritiesBoost Price TargetNeutral$31.00 -> $34.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

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
7/19/2017        
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)

Estimates

Earnings Estimates for Insteel Industries (NASDAQ:IIIN)
Current Year EPS Consensus Estimate: $1.79 EPS
Next Year EPS Consensus Estimate: $2.73 EPS

Dividends

Current Dividend Information for Insteel Industries (NASDAQ:IIIN)
Next Dividend:6/30/2017
Annual Dividend:$0.12
Dividend Yield:0.38%
Payout Ratio:6.56% (Trailing 12 Months of Earnings)
6.70% (Based on This Year's Estimates)
4.40% (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
5/11/2017quarterly$0.030.36%6/14/20176/16/20176/30/2017
2/8/2017quarterly$0.030.33%3/15/20173/17/20173/31/2017
11/16/2016quarterly$0.030.35%12/12/201612/14/20161/6/2017
8/17/2016quarterly$0.030.35%9/14/20169/16/20169/30/2016
5/18/2016quarterly$0.030.45%6/8/20166/10/20166/24/2016
2/12/2016quarterly$0.030.49%3/9/20163/11/20163/25/2016
11/12/2015special$1.000.53%12/9/201512/11/20151/8/2016
11/12/2015quarterly$0.030.53%12/9/201512/11/201512/29/2015
8/19/2015quarterly$0.030.67%9/9/20159/11/20159/25/2015
5/13/2015quarterly$0.030.59%6/10/20156/12/20156/26/2015
2/18/2015quarterly$0.030.55%3/11/20153/13/20153/27/2015
11/11/2014quarterly$0.030.5%12/8/201412/10/201412/26/2014
8/19/2014quarterly$0.030.54%9/10/20149/12/20149/26/2014
5/6/2014quarterly$0.030.59%6/11/20146/13/20146/27/2014
2/12/2014quarterly$0.030.6%3/12/20143/14/20143/28/2014
11/5/2013quarterly$0.030.73%12/9/201312/11/201312/27/2013
8/20/2013quarterly$0.030.71%9/11/20139/13/20139/27/2013
5/3/2013quarterly$0.030.7%6/12/20136/14/20136/28/2013
5/2/2013quarterly$0.036/14/20136/28/2013
2/12/2013quarterly$0.030.71%3/13/20133/15/20133/29/2013
12/10/2012special$0.2512/17/201212/19/201212/28/2012
(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: 77.98%
Insider Trades 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
5/23/2017Richard 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)

Headlines

Headline Trends for Insteel Industries (NASDAQ:IIIN)
Latest Headlines for Insteel Industries (NASDAQ:IIIN)
Source:
DateHeadline
americanbankingnews.com logoInsteel Industries Inc (IIIN) VP Richard Wagner Sells 20,465 Shares
www.americanbankingnews.com - May 24 at 4:22 PM
americanbankingnews.com logoInsteel Industries Inc (IIIN) Announces $0.03 Quarterly Dividend
www.americanbankingnews.com - May 11 at 6:44 PM
americanbankingnews.com logoInsteel Industries (IIIN) Getting Somewhat Positive Press Coverage, Report Shows
www.americanbankingnews.com - April 30 at 6:05 PM
americanbankingnews.com logoInsteel Industries Inc (IIIN) Sees Significant Growth in Short Interest
www.americanbankingnews.com - April 29 at 7:16 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Likely to Affect Insteel Industries (IIIN) Stock Price
www.americanbankingnews.com - April 26 at 11:06 PM
finance.yahoo.com logoInsteel Industries, Inc. breached its 50 day moving average in a Bullish Manner : IIIN-US : April 26, 2017
finance.yahoo.com - April 26 at 7:28 PM
finance.yahoo.com logoETFs with exposure to Insteel Industries, Inc. : April 24, 2017
finance.yahoo.com - April 24 at 5:33 PM
finance.yahoo.com logoEdited Transcript of IIIN earnings conference call or presentation 20-Apr-17 2:00pm GMT
finance.yahoo.com - April 21 at 10:47 PM
americanbankingnews.com logoInsteel Industries (IIIN) Earning Somewhat Negative News Coverage, Analysis Shows
www.americanbankingnews.com - April 21 at 9:22 PM
finance.yahoo.com logoInsteel Industries, Inc. :IIIN-US: Earnings Analysis: Q2, 2017 By the Numbers : April 21, 2017
finance.yahoo.com - April 21 at 5:47 PM
finance.yahoo.com logoInsteel Industries Reports Second Quarter 2017 Financial Results
finance.yahoo.com - April 20 at 11:28 AM
americanbankingnews.com logoInsteel Industries Inc (IIIN) Posts Earnings Results, Misses Expectations By $0.12 EPS
www.americanbankingnews.com - April 20 at 10:58 AM
marketbeat.com logoInsteel Industries posts 2Q profit
marketbeat.com - April 20 at 6:45 AM
americanbankingnews.com logoInsteel Industries (IIIN) Receives Daily Media Impact Rating of 0.31
www.americanbankingnews.com - April 17 at 3:50 PM
americanbankingnews.com logoInsteel Industries (IIIN) Earns Daily News Sentiment Score of 0.31
www.americanbankingnews.com - April 13 at 3:20 PM
finance.yahoo.com logoInsteel Industries, Inc. breached its 50 day moving average in a Bearish Manner : IIIN-US : April 10, 2017
finance.yahoo.com - April 10 at 11:02 AM
finance.yahoo.com logoInsteel Industries, Inc. : IIIN-US: Dividend Analysis : March 17th, 2017 (record date) : By the numbers : April 6, 2017
finance.yahoo.com - April 7 at 10:24 AM
americanbankingnews.com logoInsteel Industries Inc (IIIN) Earns Buy Rating from Analysts at Sidoti
www.americanbankingnews.com - March 22 at 4:19 PM
finance.yahoo.com logoInsteel Industries Announces Second Quarter 2017 Conference Call
finance.yahoo.com - March 20 at 6:56 PM
finance.yahoo.com logoCoverage initiated on InSteel Industries by Longbow
finance.yahoo.com - March 10 at 7:05 PM
biz.yahoo.com logoINSTEEL INDUSTRIES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - February 8 at 6:36 PM
finance.yahoo.com logoInsteel Industries Declares Quarterly Cash Dividend
finance.yahoo.com - February 7 at 7:09 PM
capitalcube.com logoETFs with exposure to Insteel Industries, Inc. : January 24, 2017
us.rd.yahoo.com - January 24 at 6:37 PM
biz.yahoo.com logoINSTEEL INDUSTRIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex
us.rd.yahoo.com - January 20 at 12:40 AM
finance.yahoo.com logoEdited Transcript of IIIN earnings conference call or presentation 19-Jan-17 3:00pm GMT
finance.yahoo.com - January 20 at 12:40 AM
streetinsider.com logoForm 8-K INSTEEL INDUSTRIES INC For: Jan 19
www.streetinsider.com - January 19 at 7:39 PM
finance.yahoo.com logoInsteel Industries Reports First Quarter 2017 Results
finance.yahoo.com - January 19 at 7:39 PM
biz.yahoo.com logoQ1 2017 Insteel Industries Inc Earnings Release - 06:30 am ET
biz.yahoo.com - January 19 at 7:39 PM
biz.yahoo.com logoINSTEEL INDUSTRIES INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial
us.rd.yahoo.com - December 20 at 11:15 AM
us.rd.yahoo.com logo1:02 pm Index Changes Reminder: Littelfuse (LFUS) will replace Lexmark (LXK) in the S&P MidCap 400, and Insteel Industries
us.rd.yahoo.com - November 29 at 4:36 PM
fool.com logoWhy Insteel Industries Inc. Stock Jumped 13% Today
www.fool.com - November 25 at 11:51 AM
rttnews.com logoInsteel Industries Inc. (IIIN) Has Jumped To A New High After S&P Change
www.rttnews.com - November 25 at 10:50 AM
finance.yahoo.com logo2:01 pm InSteel Industries announces a special cash dividend of $1.25/share
finance.yahoo.com - November 15 at 6:07 PM
biz.yahoo.com logoINSTEEL INDUSTRIES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - November 15 at 6:07 PM
finance.yahoo.com logoINSTEEL INDUSTRIES INC Financials
finance.yahoo.com - November 3 at 5:32 PM
biz.yahoo.com logoINSTEEL INDUSTRIES INC Files SEC form 10-K, Annual Report
biz.yahoo.com - October 28 at 5:27 PM
bizjournals.com logoInsteel Industries Reports Fourth Quarter and Fiscal 2016 Financial Results
www.bizjournals.com - October 21 at 5:39 PM
investopedia.com logoInsteel Industries Dives Despite Q4 Profit (IIIN)
www.investopedia.com - October 21 at 5:39 PM
finance.yahoo.com logoEdited Transcript of IIIN earnings conference call or presentation 20-Oct-16 2:00pm GMT
finance.yahoo.com - October 21 at 8:51 AM
biz.yahoo.com logoQ4 2016 Insteel Industries Inc Earnings Release - Before Market Open
biz.yahoo.com - October 20 at 11:11 AM

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Chart

Insteel Industries (IIIN) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff