Insteel Industries Company Profile (NASDAQ:IIIN)

About Insteel Industries

Insteel Industries logoInsteel Industries, Inc. (Insteel) is a manufacturer of steel wire reinforcing products for concrete construction applications. The Company manufactures and markets PC strand and welded wire reinforcement (WWR), including Engineered Structural Mesh (ESM), concrete pipe reinforcement (CPR) and standard welded wire reinforcement (SWWR). The Company's products are sold to manufacturers of concrete products that are used in nonresidential construction. Insteel has two wholly owned subsidiaries, Insteel Wire Products Company (IWP), an operating subsidiary, and Intercontinental Metals Corporation, an inactive subsidiary. The Company's concrete reinforcing products consist of PC strand and WWR. PC strand provides reinforcement for bridges, parking decks, buildings and other concrete structures. Welded Wire Reinforcement produces engineered reinforcing product for use in nonresidential and residential construction.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Steel & Iron
  • Sub-Industry: Building Products
  • Exchange: NASDAQ
  • Symbol: IIIN
  • CUSIP: 45774W10
Key Metrics:
  • Previous Close: $26.14
  • 50 Day Moving Average: $33.69
  • 200 Day Moving Average: $31.27
  • 52-Week Range: $18.72 - $37.22
  • Trailing P/E Ratio: 13.41
  • Foreward P/E Ratio: 10.80
  • P/E Growth: 0.96
  • Market Cap: $495.20M
  • Outstanding Shares: 18,944,000
  • Beta: 1.71
  • Net Margins: 8.90%
  • Return on Equity: 18.57%
  • Return on Assets: 14.02%
  • Current Ratio: 3.19%
  • Quick Ratio: 1.99%
Additional Links:
Companies Related to Insteel Industries:

Analyst Ratings

Consensus Ratings for Insteel Industries (NASDAQ:IIIN) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $34.00 (30.07% upside)

Analysts' Ratings History for Insteel Industries (NASDAQ:IIIN)
DateFirmActionRatingPrice TargetDetails
7/22/2016Rosenblatt SecuritiesBoost Price TargetNeutral$31.00 -> $34.00View Rating Details
4/1/2016SidotiDowngradeBuy -> NeutralView Rating Details
(Data available from 10/26/2014 forward)


Earnings History for Insteel Industries (NASDAQ:IIIN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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$0.22$103.24 million$92.40 millionViewListenView Earnings Details
10/22/2015Q415$0.48$0.51$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$0.31$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: $2.15 EPS
Next Year EPS Consensus Estimate: $2.42 EPS


Current Dividend Information for Insteel Industries (NASDAQ:IIIN)
Annual Dividend:$0.12
Dividend Yield:0.46%
Payout Ratio:6.12% (Based on Trailing 12 Months of Earnings)
5.58% (Based on Current Year Consensus EPS Estimate)
4.96% (Based on Next Year Consensus EPS Estimate)

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

Insider Trades

Insider Trading History for Insteel Industries (NASDAQ:IIIN)
Insider Ownership Percentage: 9.80%
Institutional Ownership Percentage: 77.38%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for Insteel Industries (NASDAQ:IIIN)
DateHeadline logoInsteel Industries, Inc. :IIIN-US: Earnings Analysis: Q4, 2016 By the Numbers : October 26, 2016 (NASDAQ:IIIN) - October 26 at 5:40 PM logoInsteel Industries Reports Fourth Quarter and Fiscal 2016 Financial Results (NASDAQ:IIIN) - October 21 at 5:39 PM logoInsteel Industries Dives Despite Q4 Profit (IIIN) (NASDAQ:IIIN) - October 21 at 5:39 PM logoInsteel Industries, Inc. : IIIN-US: Dividend Analysis : September 16th, 2016 (record date) : By the numbers : October 21, 2016 (NASDAQ:IIIN) - October 21 at 5:39 PM logoEdited Transcript of IIIN earnings conference call or presentation 20-Oct-16 2:00pm GMT (NASDAQ:IIIN) - October 21 at 8:51 AM logoInsteel Industries posts 4Q profit (NASDAQ:IIIN) - October 20 at 11:11 AM logoQ4 2016 Insteel Industries Inc Earnings Release - Before Market Open (NASDAQ:IIIN) - October 20 at 11:11 AM logoInsteel Industries, Inc. breached its 50 day moving average in a Bearish Manner : IIIN-US : October 10, 2016 (NASDAQ:IIIN) - October 10 at 10:14 AM logoInsteel Industries Shares Up 29.0% Since SmarTrend's Buy Recommendation (IIIN) (NASDAQ:IIIN) - September 30 at 5:51 PM logoStocks Modestly Higher As Yellen Offers No Surprises (NASDAQ:IIIN) - September 28 at 5:25 PM logoInsteel Industries Has Returned 25.4% Since SmarTrend Recommendation (IIIN) (NASDAQ:IIIN) - September 23 at 5:15 PM logoETF’s with exposure to Insteel Industries, Inc. : September 23, 2016 (NASDAQ:IIIN) - September 23 at 5:15 PM logoInsteel Industries Announces Fourth Quarter 2016 Conference Call (NASDAQ:IIIN) - September 20 at 10:43 AM logoInsteel Industries Has Returned 21.5% Since SmarTrend Recommendation (IIIN) (NASDAQ:IIIN) - September 17 at 10:09 AM logoInsteel Industries Traded Ex-Dividend (IIIN) (NASDAQ:IIIN) - September 15 at 5:56 PM logoInsteel Industries, Inc. – Value Analysis (NASDAQ:IIIN) : September 14, 2016 (NASDAQ:IIIN) - September 14 at 5:42 PM logoInsteel Industries, Inc. breached its 50 day moving average in a Bullish Manner : IIIN-US : September 13, 2016 (NASDAQ:IIIN) - September 13 at 10:25 AM logoETF’s with exposure to Insteel Industries, Inc. : August 29, 2016 (NASDAQ:IIIN) - August 29 at 5:28 PM logoUptrend Call Working As Insteel Industries Stock Rises 21.6% (IIIN) (NASDAQ:IIIN) - August 26 at 5:26 PM logoThis steel wire manufacturer could reinforce your portfolio (NASDAQ:IIIN) - August 11 at 8:36 AM logoInsteel Industries Up 20.4% Since SmarTrend Uptrend Call (IIIN) (NASDAQ:IIIN) - August 11 at 8:36 AM logoInsteel Industries, Inc. (NASDAQ:IIIN) Trading Down – Insiders Selling, Short Interest Growing (NASDAQ:IIIN) - July 28 at 5:45 PM logo52 Week Fresh Highs – DCTH, SPU, EBAY, URI, IIIN, TATT, DPZ (NASDAQ:IIIN) - July 23 at 9:36 AM logoRosenblatt reported on (NASDAQ:IIIN) InSteel Industries, upping its price target to $34 earlier today (NASDAQ:IIIN) - July 22 at 5:31 PM logoInsteel Industries, Inc. :IIIN-US: Earnings Analysis: Q3, 2016 By the Numbers : July 22, 2016 (NASDAQ:IIIN) - July 22 at 12:45 PM logoEarnings, Other News Have These 5 Stocks In Motion Today (NASDAQ:IIIN) - July 21 at 5:46 PM logoEdited Transcript of IIIN earnings conference call or presentation 21-Jul-16 2:00pm GMT (NASDAQ:IIIN) - July 21 at 3:12 PM logoInsteel : posts 3Q profit (NASDAQ:IIIN) - July 21 at 11:39 AM logoQ3 2016 Insteel Industries Inc Earnings Release - Before Market Open (NASDAQ:IIIN) - July 21 at 7:07 AM logoInsteel Industries posts 3Q profit (NASDAQ:IIIN) - July 21 at 6:37 AM logoETF’s with exposure to Insteel Industries, Inc. : July 19, 2016 (NASDAQ:IIIN) - July 19 at 12:34 PM logoInsteel Industries, Inc. :IIIN-US: Earnings Analysis: Q2, 2016 By the Numbers : June 28, 2016 (NASDAQ:IIIN) - June 28 at 12:49 PM logoInsteel Industries, Inc. breached its 50 day moving average in a Bearish Manner : IIIN-US : June 27, 2016 (NASDAQ:IIIN) - June 27 at 10:18 AM logoInSteel Industries (NASDAQ:IIIN) stock price target upped to $31 as reported today by Rosenblatt (NASDAQ:IIIN) - June 25 at 9:26 AM logoCoverage initiated on InSteel Industries by Rosenblatt (NASDAQ:IIIN) - June 23 at 10:16 AM logoInsteel Industries Announces Third Quarter 2016 Conference Call (NASDAQ:IIIN) - June 21 at 10:00 AM logoInsteel Industries, Inc. – Value Analysis (NASDAQ:IIIN) : June 20, 2016 (NASDAQ:IIIN) - June 20 at 3:36 PM logoInsteel Industries, Inc. breached its 50 day moving average in a Bearish Manner : IIIN-US : June 14, 2016 (NASDAQ:IIIN) - June 14 at 8:33 AM logoInsteel Industries: A Promising Investment Opportunity (NASDAQ:IIIN) - June 3 at 8:18 AM logoInsteel Industries Declares Quarterly Cash Dividend (NASDAQ:IIIN) - May 17 at 2:52 PM logoInsteel Industries, Inc. breached its 50 day moving average in a Bearish Manner : IIIN-US : May 4, 2016 (NASDAQ:IIIN) - May 4 at 8:35 AM logoETF’s with exposure to Insteel Industries, Inc. : April 26, 2016 (NASDAQ:IIIN) - April 26 at 3:18 PM logoInsteel Industries, Inc. :IIIN-US: Earnings Analysis: Q2, 2016 By the Numbers (NASDAQ:IIIN) - April 25 at 10:33 AM logoEdited Transcript of IIIN earnings conference call or presentation 21-Apr-16 2:00pm GMT (NASDAQ:IIIN) - April 21 at 7:37 PM logoInsteel Industries posts 2Q profit (NASDAQ:IIIN) - April 21 at 7:53 AM logoQ2 2016 Insteel Industries Inc Earnings Release - 06:30 am ET (NASDAQ:IIIN) - April 21 at 7:07 AM logoInsteel Industries Reports Second Quarter Financial Results (NASDAQ:IIIN) - April 21 at 6:39 AM logoInsteel Industries, Inc. Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:IIIN) - January 25 at 11:03 AM logoInsteel Industries, Inc.: Leads amongst peers with strong fundamentals (NASDAQ:IIIN) - January 22 at 4:17 PM logoInsteel Industries, Inc. – Value Analysis (NASDAQ:IIIN) : January 22, 2016 (NASDAQ:IIIN) - January 22 at 11:03 AM


Insteel Industries (NASDAQ:IIIN) Chart for Wednesday, October, 26, 2016

Last Updated on 10/26/2016 by Staff