NASDAQ:IIIN

Insteel Industries - IIIN Stock Forecast, Price & News

$26.53

-0.25 (-0.93%)

(As of 09/30/2022 12:00 AM ET)

Add

Compare

Today's Range: $26.47
▼
$27.32
50-Day Range: $26.20
▼
$32.77
52-Week Range: $26.02
▼
$47.70

Volume: 122,547 shs
Average Volume: 102,171 shs
Market Capitalization: $517.60 million

P/E Ratio: 4.14
Dividend Yield: 0.45%
Price Target: N/A

About Insteel Industries (NASDAQ:IIIN) Stock

Insteel 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.

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.

IIIN Stock News Headlines

September 20, 2022 | finance.yahoo.com

Insteel Industries Announces Fourth Quarter 2022 Conference Call

September 11, 2022 | finance.yahoo.com

Insteel Industries, Inc. (NYSE:IIIN) is favoured by institutional owners who hold 78% of the company

September 5, 2022 | nasdaq.com

Insteel Industries, Inc. (NYSE:IIIN) is a favorite amongst institutional investors who own 78%

August 30, 2022 | thestreet.com

Here's Why Insteel Industries Belongs Inside Your Portfolio

August 30, 2022 | 247wallst.com

These Are The Top 10 Holdings Of Bob Robotti

August 10, 2022 | nasdaq.com

We Ran A Stock Scan For Earnings Growth And Insteel Industries (NYSE:IIIN) Passed With Ease

July 21, 2022 | seekingalpha.com

Insteel plunges after warning on labor market constraints

July 21, 2022 | msn.com

Insteel Industries (IIIN) Q3 2022 Earnings Call Transcript

July 21, 2022 | seekingalpha.com

Insteel Industries, Inc. (IIIN) CEO H.O. Woltz on Q3 2022 Results - Earnings Call Transcript

July 21, 2022 | nasdaq.com

Insteel Industries Plunges Despite Improved Quarterly Results

July 21, 2022 | finance.yahoo.com

Insteel reports strong third quarter despite some new-housing slowdown

July 21, 2022 | finance.yahoo.com

Insteel Industries Reports Third Quarter 2022 Results

July 16, 2022 | morningstar.com

Insteel Industries Inc - Stock Sustainability IIIN

July 12, 2022 | uk.finance.yahoo.com

Why quality and momentum could be key drivers for Insteel Industries

July 1, 2022 | finance.yahoo.com

Insteel Industries (NYSE:IIIN) shareholders have earned a 21% CAGR over the last three years

June 21, 2022 | finance.yahoo.com

Insteel Industries Announces Third Quarter 2022 Conference Call

June 10, 2022 | finance.yahoo.com

Insteel Industries, Inc.'s (NYSE:IIIN) Stock Is Going Strong: Is the Market Following Fundamentals?

May 27, 2022 | finance.yahoo.com

Is Now The Time To Look At Buying Insteel Industries, Inc. (NYSE:IIIN)?

May 26, 2022 | seekingalpha.com

Insteel declares $0.03 dividend

May 13, 2022 | finance.yahoo.com

Insteel Industries (NYSE:IIIN) Is Achieving High Returns On Its Capital

April 28, 2022 | finance.yahoo.com

Are Investors Undervaluing Insteel Industries, Inc. (NYSE:IIIN) By 42%?

April 22, 2022 | seekingalpha.com

Insteel Industries Q2 2022 Earnings Review: Only Attractive If Current Conditions Persist

April 21, 2022 | msn.com

Insteel Industries (IIIN) Q2 2022 Earnings Call Transcript

April 21, 2022 | seekingalpha.com

Insteel Industries rises as FQ2 earnings beat expectations

April 21, 2022 | seekingalpha.com

Insteel Industries, Inc. (IIIN) CEO H.O. Woltz on Q2 2022 Results - Earnings Call Transcript

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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.

IIIN Company Calendar

Last Earnings: 7/21/2022
Ex-Dividend for 9/30 Dividend: 9/15/2022
Dividend Payable: 9/30/2022
Today: 10/02/2022
Next Earnings (Confirmed): 10/20/2022
Fiscal Year End: 9/30/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Steel works, blast furnaces, & rolling & finishing mills
Sub-Industry: Building Products
Sector: Industrial Products
Current Symbol: NASDAQ:IIIN
CUSIP: 45774W10
CIK: 764401
Web: www.insteel.com
Phone: (336) 786-2141
Fax: 336-719-9097
Employees: 913
Year Founded: 1953

Profitability

EPS (Most Recent Fiscal Year): $6.41
Trailing P/E Ratio: 4.14
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $66.61 million
Net Margins: 15.93%
Pretax Margin: 20.59%
Return on Equity: 39.39%
Return on Assets: 30.31%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.62
Quick Ratio: 1.59

Sales & Book Value

Annual Sales: $590.60 million
Price / Sales: 0.88
Cash Flow: $4.15 per share
Price / Cash Flow: 6.40
Book Value: $15.56 per share
Price / Book: 1.71

Miscellaneous

Outstanding Shares: 19,510,000
Free Float: 18,492,000
Market Cap: $517.60 million
Optionable: Optionable
Beta: 1.22

Social Links

Key Executives

Mr. Howard Osler Woltz III (Age 66)
Pres, CEO & Chairman
Comp: $1.68M

Mr. Mark A. Carano (Age 52)
Sr. VP, CFO & Treasurer
Comp: $845.35k

Mr. Richard T. Wagner (Age 63)
Sr. VP & COO
Comp: $800.39k

Mr. James F. Petelle (Age 72)
VP of Admin., Sec. & Chief Legal Officer
Comp: $572.4k

Mr. James R. York (Age 63)
Sr. VP of Sourcing & Logistics
Comp: $561.84k

Mr. Scot R. Jafroodi
VP, Chief Accounting Officer & Corp. Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

IIIN Stock - Frequently Asked Questions

How have IIIN shares performed in 2022?: Insteel Industries' stock was trading at $39.81 at the beginning of the year. Since then, IIIN stock has decreased by 33.4% and is now trading at $26.53.
View the best growth stocks for 2022 here.
When is Insteel Industries' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
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 20th 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) announced its quarterly earnings data on Thursday, July, 21st. The industrial products company reported $1.96 earnings per share for the quarter. The industrial products company had revenue of $227.17 million for the quarter. Insteel Industries had a net margin of 15.93% and a trailing twelve-month return on equity of 39.39%.
How often does Insteel Industries pay dividends? What is the dividend yield for Insteel Industries?: Insteel Industries declared a quarterly dividend on Thursday, September 1st. Shareholders of record on Friday, September 16th will be paid a dividend of $0.03 per share on Friday, September 30th. This represents a $0.12 annualized dividend and a dividend yield of 0.45%. The ex-dividend date of this dividend is Thursday, September 15th.
Read our dividend analysis for IIIN.
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 0.45%. The dividend payout ratio is 1.87%. 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 $26.53.
How much money does Insteel Industries make?: Insteel Industries (NASDAQ:IIIN) has a market capitalization of $517.60 million and generates $590.60 million in revenue each year. The industrial products company earns $66.61 million in net income (profit) each year or $6.41 on an earnings per share basis.
How many employees does Insteel Industries have?: The company employs 913 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 10/2/2022 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

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.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial