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

$22.33
-0.10 (-0.45 %)
(As of 09/17/2019 04:00 PM ET)
Today's Range
$21.70
Now: $22.33
$22.48
50-Day Range
$17.68
MA: $19.13
$22.40
52-Week Range
$17.50
Now: $22.33
$37.80
Volume93,100 shs
Average Volume129,796 shs
Market Capitalization$429.90 million
P/E Ratio26.39
Dividend Yield0.53%
Beta1.7
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$453.22 million
Cash Flow$2.4011 per share
Book Value$12.57 per share

Profitability

Net Income$36.26 million

Miscellaneous

Employees810
Market Cap$429.90 million
Next Earnings Date10/17/2019 (Estimated)
OptionableOptionable

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Insteel Industries (NASDAQ:IIIN) Frequently Asked Questions

What is Insteel Industries' stock symbol?

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

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

Insteel Industries announced a quarterly dividend on Tuesday, August 13th. Shareholders of record on Friday, September 13th will be paid a dividend of $0.03 per share on Friday, September 27th. This represents a $0.12 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend is Thursday, September 12th. View Insteel Industries' Dividend History.

How were Insteel Industries' earnings last quarter?

Insteel Industries Inc (NASDAQ:IIIN) released its quarterly earnings data on Thursday, July, 18th. The industrial products company reported $0.11 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.30 by $0.19. The industrial products company earned $126.30 million during the quarter, compared to analysts' expectations of $128.38 million. Insteel Industries had a net margin of 3.62% and a return on equity of 6.55%. The business's quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.67 earnings per share. View Insteel Industries' Earnings History.

When is Insteel Industries' next earnings date?

Insteel Industries is scheduled to release their next quarterly earnings announcement on Thursday, October 17th 2019. View Earnings Estimates for Insteel Industries.

What price target have analysts set for IIIN?

1 brokers have issued 1-year price targets for Insteel Industries' shares. Their forecasts range from $25.00 to $25.00. On average, they anticipate Insteel Industries' stock price to reach $25.00 in the next year. This suggests a possible upside of 12.0% from the stock's current price. View Analyst Price Targets for Insteel Industries.

What is the consensus analysts' recommendation 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 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Insteel Industries.

Has Insteel Industries been receiving favorable news coverage?

News stories about IIIN stock have trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 -2.9 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Insteel Industries.

Are investors shorting Insteel Industries?

Insteel Industries saw a drop in short interest during the month of August. As of August 31st, there was short interest totalling 580,200 shares, a drop of 5.3% from the July 31st total of 612,400 shares. Based on an average daily trading volume, of 88,000 shares, the days-to-cover ratio is currently 6.6 days. Approximately 3.2% of the company's shares are sold short. View Insteel Industries' Current Options Chain.

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), General Electric (GE), Callon Petroleum (CPE), Cross Timbers Royalty Trust (CRT), Johnson & Johnson (JNJ), Axcelis Technologies (ACLS), Broadcom (AVGO), Cisco Systems (CSCO), Gladstone Investment (GAIN) and Gilead Sciences (GILD).

Who are Insteel Industries' key executives?

Insteel Industries' management team includes the folowing 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

Who are Insteel Industries' major shareholders?

Insteel Industries' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.26%), Vanguard Group Inc. (5.96%), Price T Rowe Associates Inc. MD (5.48%), Royal Bank of Canada (2.23%), THB Asset Management (2.06%) and Northern Trust Corp (1.37%). 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.

Which institutional investors are selling Insteel Industries stock?

IIIN stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, AQR Capital Management LLC, D. E. Shaw & Co. Inc., JPMorgan Chase & Co., Panagora Asset Management Inc., Systematic Financial Management LP, Municipal Employees Retirement System of Michigan and Vanguard Group Inc.. View Insider Buying and Selling for Insteel Industries.

Which institutional investors are buying Insteel Industries stock?

IIIN stock was bought by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Oppenheimer & Co. Inc., Morgan Stanley, THB Asset Management, Isthmus Partners LLC, LPL Financial LLC, BlackRock Inc. and Charles Schwab Investment Management Inc.. View Insider Buying and Selling 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 $22.33.

How big of a company is Insteel Industries?

Insteel Industries has a market capitalization of $429.90 million and generates $453.22 million in revenue each year. Insteel Industries employs 810 workers across the globe.View Additional Information About Insteel Industries.

What is Insteel Industries' official website?

The official website for Insteel Industries is http://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.


MarketBeat Community Rating for Insteel Industries (NASDAQ IIIN)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  176 (Vote Outperform)
Underperform Votes:  174 (Vote Underperform)
Total Votes:  350
MarketBeat's community ratings are surveys of what our community members think about Insteel Industries and other stocks. Vote "Outperform" if you believe IIIN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IIIN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/17/2019 by MarketBeat.com Staff

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