Insteel Industries Company Profile (NASDAQ:IIIN)

About Insteel Industries (NASDAQ:IIIN)

Insteel Industries logoInsteel Industries, Inc. is a manufacturer of steel wire reinforcing products for concrete construction applications. The Company's operations are focused on the manufacture and marketing of steel wire reinforcing products for concrete construction applications. Its concrete reinforcing products consist of two product lines: prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). 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. WWR is produced as an engineered reinforcing product for use in nonresidential and residential construction. Its products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. The Company sells its products nationwide across the United States, Canada, Mexico, and Central and South America.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Wires & Cables
  • Sub-Industry: Building Products
  • Symbol: NASDAQ:IIIN
  • CUSIP: 45774W10
  • Web: www.insteel.com
Capitalization:
  • Market Cap: $513.67 million
  • Outstanding Shares: 19,025,000
Average Prices:
  • 50 Day Moving Avg: $25.67
  • 200 Day Moving Avg: $29.75
  • 52 Week Range: $23.20 - $42.81
P/E:
  • Trailing P/E Ratio: 18.12
  • P/E Growth: 1.23
Sales & Book Value:
  • Annual Revenue: $395.1 million
  • Price / Sales: 1.30
  • Book Value: $11.52 per share
  • Price / Book: 2.34
Dividend:
  • Annual Dividend: $0.12
  • Dividend Yield: 0.4%
Profitability:
  • EBITDA: $57.39 million
  • Net Margins: 5.80%
  • Return on Equity: 10.50%
  • Return on Assets: 8.00%
Debt:
  • Current Ratio: 3.79%
  • Quick Ratio: 1.53%
Misc:
  • Average Volume: 157,515 shs.
  • Beta: 2.1
  • Short Ratio: 5.12
 

Frequently Asked Questions for Insteel Industries (NASDAQ:IIIN)

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 declared a special dividend on Friday, October 20th. Investors of record on Wednesday, December 20th will be paid a dividend of $1.00 per share on Friday, January 5th. This represents a dividend yield of 0.44%. The ex-dividend date of this dividend is Tuesday, December 19th. View Insteel Industries' Dividend History.

How were Insteel Industries' earnings last quarter?

Insteel Industries, Inc. (NASDAQ:IIIN) posted its earnings results on Thursday, October, 19th. The company reported $0.20 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.25 by $0.05. The company earned $96.89 million during the quarter, compared to the consensus estimate of $96.25 million. Insteel Industries had a return on equity of 10.50% and a net margin of 5.80%. Insteel Industries's revenue was down 6.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.51 earnings per share. View Insteel Industries' Earnings History.

Who are some of Insteel Industries' key competitors?

Who are Insteel Industries' key executives?

Insteel Industries' management team includes the folowing people:

  • H. O. Woltz III, Chairman of the Board, President, Chief Executive Officer
  • Michael C. Gazmarian, Chief Financial Officer, Vice President, Treasurer
  • Richard T. Wagner, Vice President; General Manager of Insteel Wire Products
  • James F. Petelle, Vice President - Administration, Secretary
  • Charles Benjamin Newsome, Independent Director
  • W. Allen Rogers II, Independent Director
  • Jon M. Ruth, Independent Director
  • Joseph A. Rutkowski, Independent Director
  • G. Kennedy Thompson, Independent Director

How do I buy Insteel Industries stock?

Shares of Insteel Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Insteel Industries' stock price today?

One share of Insteel Industries stock can currently be purchased for approximately $27.00.


MarketBeat Community Rating for Insteel Industries (NASDAQ IIIN)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  41 (Vote Outperform)
Underperform Votes:  53 (Vote Underperform)
Total Votes:  94
MarketBeat's community ratings are surveys of what our community members think about Insteel Industries and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Insteel Industries (NASDAQ:IIIN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: N/A
Consensus Price Target History for Insteel Industries (NASDAQ:IIIN)
Price Target History for Insteel Industries (NASDAQ:IIIN)
Analysts' Ratings History for Insteel Industries (NASDAQ:IIIN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/25/2017Longbow ResearchDowngradeBuy -> NeutralHighView Rating Details
3/22/2017SidotiInitiated CoverageBuyLowView Rating Details
7/22/2016Rosenblatt SecuritiesBoost Price TargetNeutral$31.00 -> $34.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Insteel Industries (NASDAQ:IIIN)
Earnings by Quarter for Insteel Industries (NASDAQ:IIIN)
Earnings History by Quarter for Insteel Industries (NASDAQ IIIN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/19/2017Q4 2017$0.25$0.20$96.25 million$96.89 millionViewN/AView Earnings Details
7/20/2017Q3 2017$0.56$0.36$122.39 million$96.90 millionViewN/AView Earnings Details
4/20/2017Q2 2017$0.51$0.39$102.46 million$101.16 millionViewN/AView Earnings Details
1/19/2017Q117$0.36$0.23$92.50 million$93.90 millionViewN/AView Earnings Details
10/20/2016Q416$0.61$0.51$125.11 million$103.10 millionViewListenView Earnings Details
7/21/2016Q316$0.52$0.71$119.48 million$115.60 millionViewListenView Earnings Details
4/21/2016Q216$0.35$0.38$92.93 million$107.40 millionViewListenView Earnings Details
1/21/2016Q116$0.35$0.36$103.24 million$92.40 millionViewListenView Earnings Details
10/22/2015Q415$0.48$0.50$131.14 million$118.10 millionViewListenView Earnings Details
7/16/2015Q315$0.39$0.32$128.96 million$117.00 millionViewListenView Earnings Details
4/16/2015Q215$0.24$0.10$111.10 million$101.80 millionViewListenView Earnings Details
1/15/2015Q115$0.18$0.22$101.00 million$110.60 millionViewN/AView Earnings Details
10/16/2014Q414$0.33$0.24$122.00 million$117.10 millionViewListenView Earnings Details
7/17/2014Q314$0.29$0.28$106.40 million$113.20 millionViewN/AView Earnings Details
4/17/2014Q214$0.13$0.19$82.90 million$91.40 millionViewN/AView Earnings Details
1/15/2014Q114$0.10$0.15$93.00 million$87.20 millionViewN/AView Earnings Details
10/17/2013Q413$0.19$0.13$101.98 million$98.20 millionViewN/AView Earnings Details
7/18/2013Q3 2013$0.27$0.18$95.10 million$96.90 millionViewN/AView Earnings Details
4/18/2013Q2 2013$0.12$0.20$87.85 million$82.90 millionViewN/AView Earnings Details
1/17/20131Q13$0.04$0.13ViewN/AView Earnings Details
1/17/2013Q1 2013$0.04$0.13$85.28 million$85.90 millionViewN/AView Earnings Details
10/18/2012$0.10$0.05ViewN/AView Earnings Details
7/19/2012$0.13$0.05ViewN/AView Earnings Details
4/19/2012$0.10$0.02ViewN/AView Earnings Details
1/19/2012$0.02($0.01)ViewN/AView Earnings Details
10/20/2011$0.22$0.05ViewN/AView Earnings Details
7/21/2011$0.30$0.27ViewN/AView Earnings Details
4/21/2011$0.23ViewN/AView Earnings Details
1/27/2011($0.05)($0.44)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Insteel Industries (NASDAQ:IIIN)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Insteel Industries (NASDAQ:IIIN)
Next Dividend:1/5/2018
Annual Dividend:$0.12
Dividend Yield:0.44%
Payout Ratio:10.17% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Insteel Industries (NASDAQ:IIIN)

Dividend History by Quarter for Insteel Industries (NASDAQ IIIN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/20/2017special$1.000.44%12/19/201712/20/20171/5/2018
8/15/2017Quarterly$0.030.47%9/14/20179/15/20179/29/2017
5/11/2017quarterly$0.030.36%6/14/20176/16/20176/30/2017
2/8/2017quarterly$0.030.33%3/15/20173/17/20173/31/2017
11/16/2016quarterly$0.030.35%12/12/201612/14/20161/6/2017
8/17/2016quarterly$0.030.35%9/14/20169/16/20169/30/2016
5/18/2016quarterly$0.030.45%6/8/20166/10/20166/24/2016
2/12/2016quarterly$0.030.49%3/9/20163/11/20163/25/2016
11/12/2015special$1.000.53%12/9/201512/11/20151/8/2016
11/12/2015quarterly$0.030.53%12/9/201512/11/201512/29/2015
8/19/2015quarterly$0.030.67%9/9/20159/11/20159/25/2015
5/13/2015quarterly$0.030.59%6/10/20156/12/20156/26/2015
2/18/2015quarterly$0.030.55%3/11/20153/13/20153/27/2015
11/11/2014quarterly$0.030.5%12/8/201412/10/201412/26/2014
8/19/2014quarterly$0.030.54%9/10/20149/12/20149/26/2014
5/6/2014quarterly$0.030.59%6/11/20146/13/20146/27/2014
2/12/2014quarterly$0.030.6%3/12/20143/14/20143/28/2014
11/5/2013quarterly$0.030.73%12/9/201312/11/201312/27/2013
8/20/2013quarterly$0.030.71%9/11/20139/13/20139/27/2013
5/3/2013quarterly$0.030.7%6/12/20136/14/20136/28/2013
5/2/2013quarterly$0.036/14/20136/28/2013
2/12/2013quarterly$0.030.71%3/13/20133/15/20133/29/2013
12/10/2012special$0.2512/17/201212/19/201212/28/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Insteel Industries (NASDAQ:IIIN)
Insider Ownership Percentage: 5.70%
Institutional Ownership Percentage: 81.29%
Insider Trades by Quarter for Insteel Industries (NASDAQ:IIIN)
Institutional Ownership by Quarter for Insteel Industries (NASDAQ:IIIN)
Insider Trades by Quarter for Insteel Industries (NASDAQ:IIIN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/24/2017Richard WagnerVPSell10,732$31.62$339,345.84View SEC Filing  
5/23/2017Richard WagnerVPSell20,465$31.99$654,675.35View SEC Filing  
3/2/2017Scot R JafroodiInsiderSell5,282$37.09$195,909.38View SEC Filing  
3/1/2017Richard WagnerVPSell12,466$38.33$477,821.78View SEC Filing  
2/13/2017Richard WagnerVPSell2,501$37.31$93,312.31View SEC Filing  
12/9/2016Charles B NewsomeDirectorSell1,000$38.82$38,820.00View SEC Filing  
11/29/2016James F PetelleVPSell1,902$40.68$77,373.36View SEC Filing  
11/28/2016Gary L PechotaDirectorSell2,000$40.78$81,560.00View SEC Filing  
9/9/2016Michael C GazmarianVPSell9,488$33.37$316,614.56View SEC Filing  
9/1/2016H O Woltz IIIChairmanSell15,000$33.13$496,950.00View SEC Filing  
8/30/2016H O Woltz IIIChairmanSell20,000$34.47$689,400.00View SEC Filing  
8/19/2016Charles B NewsomeDirectorSell1,500$33.42$50,130.00View SEC Filing  
8/18/2016Richard WagnerVPSell4,420$33.86$149,661.20View SEC Filing  
8/15/2016Richard WagnerVPSell2,178$34.69$75,554.82View SEC Filing  
8/12/2016James F PetelleVPSell766$34.31$26,281.46View SEC Filing  
7/29/2016Scot R JafroodiInsiderSell10,345$34.69$358,868.05View SEC Filing  
7/28/2016James F PetelleVPSell11,913$34.70$413,381.10View SEC Filing  
7/26/2016Michael C GazmarianVPSell59,723$34.88$2,083,138.24View SEC Filing  
6/8/2016James F PetelleVPSell4,693$28.42$133,375.06View SEC Filing  
6/1/2016Richard WagnerVPSell21,791$27.68$603,174.88View SEC Filing  
5/5/2016Richard WagnerVPSell9,653$28.22$272,407.66View SEC Filing  
5/3/2016Richard WagnerVPSell20,680$28.41$587,518.80View SEC Filing  
4/28/2016Scot R JafroodiCAOSell16,360$28.79$471,004.40View SEC Filing  
4/26/2016James F PetelleVPSell10,302$29.46$303,496.92View SEC Filing  
4/25/2016Gary L PechotaDirectorSell3,000$28.58$85,740.00View SEC Filing  
3/9/2016H O Woltz IIICEOSell73,796$26.19$1,932,717.24View SEC Filing  
3/4/2016Charles B NewsomeDirectorSell3,000$26.53$79,590.00View SEC Filing  
3/4/2016H O Woltz IIICEOSell76,202$26.22$1,998,016.44View SEC Filing  
3/3/2016Gary L PechotaDirectorSell5,000$26.28$131,400.00View SEC Filing  
3/1/2016Michael C GazmarianCFOSell26,734$26.15$699,094.10View SEC Filing  
2/29/2016James F PetelleVPSell6,104$26.02$158,826.08View SEC Filing  
2/26/2016W Allen Rogers IIDirectorSell2,500$26.00$65,000.00View SEC Filing  
2/25/2016Michael C GazmarianCFOSell34,439$25.76$887,148.64View SEC Filing  
2/19/2016Michael C GazmarianCFOBuy2,549$20.27$51,668.23View SEC Filing  
2/19/2016Richard WagnerVPSell4,460$25.58$114,086.80View SEC Filing  
2/12/2016James F. PetelleVPSell1,266$24.67$31,232.22View SEC Filing  
12/7/2015Michael C. GazmarianCFOSell13,007$23.84$310,086.88View SEC Filing  
12/2/2015Michael C. GazmarianCFOSell2,854$24.65$70,351.10View SEC Filing  
12/1/2015Michael C. GazmarianCFOSell22,284$24.65$549,300.60View SEC Filing  
11/20/2015H O. Woltz IIICEOSell11,772$24.49$288,296.28View SEC Filing  
11/19/2015H O. Woltz IIICEOSell20,350$24.23$493,080.50View SEC Filing  
11/19/2015Scot R. JafroodiCAOSell4,402$23.96$105,471.92View SEC Filing  
11/18/2015James F. PetelleVPSell5,639$23.87$134,602.93View SEC Filing  
11/13/2015Richard WagnerVPSell2,150$22.48$48,332.00View SEC Filing  
11/2/2015Scot R. JafroodiCAOSell2,532$21.45$54,311.40View SEC Filing  
10/29/2015James F. PetelleVPSell1,500$21.12$31,680.00View SEC Filing  
7/21/2015Gary L PechotaDirectorBuy2,000$17.40$34,800.00View SEC Filing  
2/25/2015James F PetelleVPSell1,300$21.25$27,625.00View SEC Filing  
2/19/2015Michael C GazmarianCFOSell8,731$21.63$188,851.53View SEC Filing  
8/19/2014James F PetelleVPSell8,693$22.16$192,636.88View SEC Filing  
3/7/2014Charles B NewsomeDirectorSell3,000$20.08$60,240.00View SEC Filing  
2/10/2014James F PetelleVPSell1,362$19.01$25,891.62View SEC Filing  
12/2/2013James F PetelleVPSell1,500$19.46$29,190.00View SEC Filing  
8/13/2013James F PetelleVPSell1,800$17.05$30,690.00View SEC Filing  
6/5/2013H O Woltz IIICEOSell16,577$17.88$296,396.76View SEC Filing  
6/3/2013H O Woltz IIICEOSell24,961$18.22$454,789.42View SEC Filing  
5/29/2013H O Woltz IIICEOSell10,546$18.50$195,101.00View SEC Filing  
5/20/2013Gary L PechotaDirectorSell2,500$18.15$45,375.00View SEC Filing  
5/17/2013James F PetelleVPSell4,411$18.02$79,486.22View SEC Filing  
5/17/2013Scot R JafroodiCAOSell1,000$18.30$18,300.00View SEC Filing  
5/13/2013James F PetelleVPSell1,541$17.74$27,337.34View SEC Filing  
3/6/2013H O Woltz IIICEOSell18,500$16.39$303,215.00View SEC Filing  
(Data available from 1/1/2013 forward)

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Insteel Industries (IIIN) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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