NASDAQ:IIIN

Insteel Industries Stock Forecast, Price & News

$31.61
+1.12 (+3.67 %)
(As of 06/21/2021 03:57 PM ET)
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Today's Range
$31.09
$31.89
50-Day Range
$30.49
$41.20
52-Week Range
$16.75
$41.66
Volume2,587 shs
Average Volume94,481 shs
Market Capitalization$611.37 million
P/E Ratio16.64
Dividend Yield0.39%
Beta1.76
30 days | 90 days | 365 days | Advanced Chart
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Insteel Industries logo

About Insteel Industries

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers pre-stressed 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, as well as in Canada, Mexico, and Central and South America. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

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MarketRank

Overall MarketRank

1.04 out of 5 stars

Industrial Products Sector

218th out of 408 stocks

Steel Works, Blast Furnaces, & Rolling & Finishing Mills Industry

7th out of 14 stocks

Analyst Opinion: 0.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Insteel Industries (NASDAQ:IIIN) Frequently Asked Questions

What stocks does MarketBeat like better than Insteel Industries?

Wall Street analysts have given Insteel Industries a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Insteel Industries wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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When is Insteel Industries' next earnings date?

Insteel Industries is scheduled to release its next quarterly earnings announcement on Thursday, July 15th 2021.
View our earnings forecast for Insteel Industries
.

How were Insteel Industries' earnings last quarter?

Insteel Industries, Inc. (NASDAQ:IIIN) released its earnings results on Thursday, April, 22nd. The industrial products company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.28. The industrial products company had revenue of $139 million for the quarter. Insteel Industries had a trailing twelve-month return on equity of 15.09% and a net margin of 7.16%.
View Insteel Industries' earnings history
.

How has Insteel Industries' stock been impacted by Coronavirus?

Insteel Industries' stock was trading at $16.10 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, IIIN stock has increased by 96.3% and is now trading at $31.61.
View which stocks have been most impacted by COVID-19
.

How often does Insteel Industries pay dividends? What is the dividend yield for Insteel Industries?

Insteel Industries declared a quarterly dividend on Thursday, May 20th. Stockholders of record on Friday, June 11th will be given a dividend of $0.03 per share on Friday, June 25th. This represents a $0.12 annualized dividend and a yield of 0.38%. The ex-dividend date is Thursday, June 10th.
View Insteel Industries' dividend history
.

Is Insteel Industries a good dividend stock?

Insteel Industries pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.39%.
View Insteel Industries' dividend history.

Who are Insteel Industries' key executives?

Insteel Industries' management team includes the following people:
  • Mr. Howard Osler Woltz III, Pres, CEO & Chairman (Age 65, Pay $1.07M)
  • Mr. Mark A. Carano, Sr. VP, CFO & Treasurer (Age 51, Pay $256.69k)
  • Mr. Richard T. Wagner, Sr. VP & COO (Age 62, Pay $532.82k)
  • Mr. James F. Petelle, VP of Admin., Sec. & Chief Legal Officer (Age 71, Pay $370.75k)
  • Mr. Scot R. Jafroodi, VP, Chief Accounting Officer & Corp. Controller

What is H. O. Woltz III's approval rating as Insteel Industries' CEO?

9 employees have rated Insteel Industries CEO H. O. Woltz III on Glassdoor.com. H. O. Woltz III has an approval rating of 81% among Insteel Industries' employees.

Who are some of Insteel Industries' key competitors?

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."

Who are Insteel Industries' major shareholders?

Insteel Industries' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (16.42%), Franklin Resources Inc. (7.62%), Price T Rowe Associates Inc. MD (6.97%), Dimensional Fund Advisors LP (5.76%), Russell Investments Group Ltd. (2.48%) and Royce & Associates LP (2.43%). Company insiders that own Insteel Industries stock include James F Petelle and Scot R Jafroodi.
View institutional ownership trends for Insteel Industries
.

Which major investors are selling Insteel Industries stock?

IIIN stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Franklin Resources Inc., Royce & Associates LP, Dimensional Fund Advisors LP, AQR Capital Management LLC, Atom Investors LP, Acuitas Investments LLC, and Arrowstreet Capital Limited Partnership. Company insiders that have sold Insteel Industries company stock in the last year include James F Petelle, and Scot R Jafroodi.
View insider buying and selling activity for Insteel Industries
or view top insider-selling stocks.

Which major investors are buying Insteel Industries stock?

IIIN stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Mirae Asset Global Investments Co. Ltd., Russell Investments Group Ltd., Victory Capital Management Inc., Goldman Sachs Group Inc., Acadian Asset Management LLC, Royal Bank of Canada, and Barnett & Company Inc..
View insider buying and selling activity for Insteel Industries
or or view top insider-buying stocks.

How do I buy shares of 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 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 $31.61.

How much money does Insteel Industries make?

Insteel Industries has a market capitalization of $611.37 million and generates $472.62 million in revenue each year.

How many employees does Insteel Industries have?

Insteel Industries employs 881 workers across the globe.

When was Insteel Industries founded?

Insteel Industries was founded in 1953.

What is Insteel Industries' official website?

The official website for Insteel Industries is www.insteel.com.

Where are Insteel Industries' headquarters?

Insteel Industries is headquartered at 1373 BOGGS DRIVE, MOUNT AIRY NC, 27030.

How can I contact Insteel Industries?

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.


This page was last updated on 6/21/2021 by MarketBeat.com Staff
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