Log in

NASDAQ:IIINInsteel Industries Stock Price, Forecast & News

$19.61
-0.25 (-1.26 %)
(As of 08/13/2020 04:00 PM ET)
Add
Compare
Today's Range
$19.44
Now: $19.61
$20.00
50-Day Range
$17.23
MA: $19.04
$20.13
52-Week Range
$10.00
Now: $19.61
$26.61
Volume52,200 shs
Average Volume107,809 shs
Market Capitalization$377.71 million
P/E Ratio38.45
Dividend Yield0.61%
Beta1.88
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 that 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, distributors, rebar fabricators, 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.
Read More
Insteel Industries logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.86 out of 5 stars


Industry, Sector and Symbol

Industry Steel works, blast furnaces, & rolling & finishing mills
Sub-IndustryBuilding Products
Current SymbolNASDAQ:IIIN
CUSIP45774W10
Phone336-786-2141

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$455.71 million
Cash Flow$0.93 per share
Book Value$12.77 per share

Profitability

Net Income$5.60 million

Miscellaneous

Employees810
Market Cap$377.71 million
Next Earnings Date10/15/2020 (Estimated)
OptionableOptionable
$19.61
-0.25 (-1.26 %)
(As of 08/13/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive IIIN News and Ratings via Email

Sign-up to receive the latest news and ratings for IIIN and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Insteel Industries (NASDAQ:IIIN) Frequently Asked Questions

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 21.8% and is now trading at $19.61.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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
.

When is Insteel Industries' next earnings date?

Insteel Industries is scheduled to release its next quarterly earnings announcement on Thursday, October 15th 2020.
View our earnings forecast for Insteel Industries
.

How were Insteel Industries' earnings last quarter?

Insteel Industries Inc (NASDAQ:IIIN) issued its quarterly earnings data on Thursday, July, 16th. The industrial products company reported $0.38 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.18 by $0.20. The industrial products company earned $121.96 million during the quarter. Insteel Industries had a net margin of 2.19% and a return on equity of 4.18%.
View Insteel Industries' earnings history
.

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

Insteel Industries declared a quarterly dividend on Wednesday, May 20th. Shareholders of record on Friday, June 12th will be given a dividend of $0.03 per share on Friday, June 26th. This represents a $0.12 annualized dividend and a dividend yield of 0.61%. The ex-dividend date is Thursday, June 11th.
View Insteel Industries' dividend history
.

What price target have analysts set for IIIN?

1 brokers have issued twelve-month target prices for Insteel Industries' shares. Their forecasts range from $19.00 to $19.00. On average, they anticipate Insteel Industries' share price to reach $19.00 in the next twelve months. This suggests that the stock has a possible downside of 3.1%.
View analysts' price targets for Insteel Industries
.

Has Insteel Industries been receiving favorable news coverage?

News coverage about IIIN stock has been trending negative on Friday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Insteel Industries earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future.
View the latest news about Insteel Industries
.

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 Ford Motor (F), AbbVie (ABBV), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Energy Transfer LP Unit (ET), General Electric (GE), Ring Energy (REI), Ring Energy (REI), Walgreens Boots Alliance (WBA) and Exxon Mobil (XOM).

Who are Insteel Industries' key executives?

Insteel Industries' management team includes the following people:
  • Mr. Howard Osler Woltz III, Chairman, Pres & CEO (Age 63)
  • Mr. Michael C. Gazmarian, VP, CFO & Treasurer (Age 60)
  • Mr. James F. Petelle, VP of Admin. & Sec. (Age 69)
  • Mr. Richard T. Wagner, VP (Age 60)
  • Mr. Scot R. Jafroodi, Chief Accounting Officer & Corp. Controller

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 a variety of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (1.11%), Bank of New York Mellon Corp (1.10%), Acuitas Investments LLC (0.76%), Principal Financial Group Inc. (0.71%), Russell Investments Group Ltd. (0.55%) and Bridge City Capital LLC (0.42%). Company insiders that own Insteel Industries stock include Charles B Newsome, H O Woltz III, James F Petelle, Jon M Ruth and Michael C Gazmarian.
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 Goldman Sachs Group Inc., Russell Investments Group Ltd., SG Americas Securities LLC, Wedge Capital Management L L P NC, Bridge City Capital LLC, Prudential Financial Inc., UBS Group AG, and Principal Financial Group Inc..
View insider buying and selling activity for Insteel Industries
.

Which major investors are buying Insteel Industries stock?

IIIN stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Acuitas Investments LLC, Bank of Montreal Can, Alberta Investment Management Corp, Swiss National Bank, State of Tennessee Treasury Department, Mackay Shields LLC, and Bank of New York Mellon Corp.
View insider buying and selling activity for Insteel Industries
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Insteel Industries' stock price today?

One share of IIIN stock can currently be purchased for approximately $19.61.

How big of a company is Insteel Industries?

Insteel Industries has a market capitalization of $377.71 million and generates $455.71 million in revenue each year. Insteel Industries employs 810 workers across the globe.

What is Insteel Industries' official website?

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

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 8/14/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.