NASDAQ:IIIN - Insteel Industries Stock Price, Forecast & News

Insteel Industries trades on the NASDAQ under the ticker symbol "IIIN."

Insteel Industries declared a quarterly dividend on Tuesday, November 12th. Shareholders of record on Monday, December 16th will be given a dividend of $0.03 per share on Friday, January 3rd. This represents a $0.12 annualized dividend and a yield of 0.47%. The ex-dividend date is Friday, December 13th. View Insteel Industries' Dividend History.

Insteel Industries Inc (NASDAQ:IIIN) issued its quarterly earnings results on Thursday, January, 16th. The industrial products company reported $0.03 EPS for the quarter, topping analysts' consensus estimates of ($0.14) by $0.17. The industrial products company had revenue of $97.57 million for the quarter. Insteel Industries had a return on equity of 0.82% and a net margin of 0.45%. View Insteel Industries' Earnings History.

Insteel Industries is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for Insteel Industries.

1 equities research analysts have issued 12-month target prices for Insteel Industries' shares. Their forecasts range from $28.00 to $28.00. On average, they expect Insteel Industries' share price to reach $28.00 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price. View Analyst Price Targets for Insteel Industries.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Insteel Industries in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Insteel Industries.

Media stories about IIIN stock have been trending very positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Insteel Industries earned a media sentiment score of 3.9 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Insteel Industries.

Insteel Industries saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 451,300 shares, a decline of 10.0% from the December 15th total of 501,400 shares. Based on an average trading volume of 91,400 shares, the short-interest ratio is presently 4.9 days. Currently, 2.5% of the shares of the company are sold short. View Insteel Industries' Current Options Chain.

Some companies that are related to Insteel Industries include Masco (MAS), Fortune Brands Home & Security (FBHS), Lennox International (LII), A. O. Smith (AOS), Owens Corning (OC), Trex (TREX), Armstrong World Industries (AWI), Simpson Manufacturing (SSD), Builders FirstSource (BLDR), Universal Forest Products (UFPI), AAON (AAON), American Woodmark (AMWD), Gibraltar Industries (ROCK), Patrick Industries (PATK) and Griffon (GFF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Insteel Industries investors own include Ford Motor (F), Pattern Energy Group (PEGI), Walgreens Boots Alliance (WBA), AbbVie (ABBV), Chewy (CHWY), General Electric (GE), Exxon Mobil (XOM), Axcelis Technologies (ACLS), Century Aluminum (CENX) and Gilead Sciences (GILD).

Insteel Industries' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.62%). Company insiders that own Insteel Industries stock include Charles B Newsome, H O Woltz III, James F Petelle, Jon M Ruth, Michael C Gazmarian, Scot R Jafroodi and W Allen Rogers II. View Institutional Ownership Trends for Insteel Industries.

IIIN stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A.. View Insider Buying and Selling for Insteel Industries.

Shares of IIIN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of IIIN stock can currently be purchased for approximately $25.28.

Insteel Industries has a market capitalization of $486.89 million and generates $455.71 million in revenue each year. Insteel Industries employs 810 workers across the globe.View Additional Information About Insteel Industries.

The official website for Insteel Industries is http://www.insteel.com/.

Insteel Industries' mailing address is 1373 BOGGS DRIVE, MOUNT AIRY NC, 27030. The industrial products company can be reached via phone at 336-786-2141.