S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:IIIN

Insteel Industries Stock Forecast, Price & News

$44.62
-1.55 (-3.36%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$43.26
$45.42
50-Day Range
$33.82
$46.17
52-Week Range
$22.09
$46.50
Volume
79,654 shs
Average Volume
97,775 shs
Market Capitalization
$865.98 million
P/E Ratio
13.12
Dividend Yield
0.26%
Beta
1.59
30 days | 90 days | 365 days | Advanced Chart
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Insteel Industries logo

About Insteel Industries

Insteel Industries, Inc. manufactures and markets steel wire reinforcing products for concrete construction applications. Its products include PC strand and welded wire reinforcement (WWR). The PC strand products refers to seven-wire strand that is used to impart compression forces into precast concrete elements and structures, which may be either pretensioned or posttensioned, providing reinforcement for bridges, parking decks, buildings and other concrete structures. The WWR products produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. The company was founded by Howard Osler Woltz, Jr. in 1953 and is headquartered in Mount Airy, NC.

Headlines

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Industry, Sector and Symbol

Industry
Steel works, blast furnaces, & rolling & finishing mills
Sub-Industry
Building Products
Current Symbol
NASDAQ:IIIN
CUSIP
45774W10
Employees
881
Year Founded
1953

Sales & Book Value

Annual Sales
$590.60 million
Cash Flow
$4.04 per share
Book Value
$15.56 per share

Profitability

Net Income
$66.61 million
Pretax Margin
14.58%

Debt

Price-To-Earnings

Miscellaneous

Free Float
18,379,000
Market Cap
$865.98 million
Optionable
Optionable

Company Calendar

Ex-Dividend
9/09/2021
Dividend Payable
9/24/2021
Last Earnings
10/21/2021
Today
11/27/2021
Next Earnings (Estimated)
1/20/2022
Fiscal Year End
9/30/2022

Social Links


MarketRank

Overall MarketRank

1.74 out of 5 stars

Industrial Products Sector

170th out of 247 stocks

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

6th out of 6 stocks

Analyst Opinion: 0.0Community Rank: 4.1Dividend Strength: 0.8Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Insteel Industries (NASDAQ:IIIN) Frequently Asked Questions

How has Insteel Industries' stock price 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 shares have increased by 177.1% and is now trading at $44.62.
View which stocks have been most impacted by COVID-19
.

When is Insteel Industries' next earnings date?

Insteel Industries is scheduled to release its next quarterly earnings announcement on Thursday, January 20th 2022.
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, October, 21st. The industrial products company reported $1.28 EPS for the quarter, topping the consensus estimate of $0.94 by $0.34. The industrial products company earned $171.26 million during the quarter. Insteel Industries had a net margin of 11.28% and a trailing twelve-month return on equity of 24.88%.
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 Thursday, November 18th. Investors of record on Thursday, December 2nd will be paid a dividend of $0.03 per share on Friday, December 17th. This represents a $0.12 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date is Wednesday, December 1st.
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 0.26%. The dividend payout ratio of Insteel Industries is 3.53%. This payout ratio is at a healthy, sustainable level, below 75%.
View Insteel Industries' dividend history.

Who are Insteel Industries' key executives?

Insteel Industries' management team includes the following people:
  • Howard Osler Woltz, Chairman, President & Chief Executive Officer
  • Richard T. Wagner, Chief Operating Officer & Senior Vice President (LinkedIn Profile)
  • Mark A. Carano, Chief Financial Officer, Treasurer & SVP
  • Scot R. Jafroodi, Chief Accounting Officer, VP & Controller (LinkedIn Profile)
  • James F. Petelle, Secretary, Chief Legal Officer & VP-Administration

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.

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 a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (16.05%), Dimensional Fund Advisors LP (5.52%), Franklin Resources Inc. (4.46%), Wellington Management Group LLP (2.17%), Royal Bank of Canada (2.03%) and Geode Capital Management LLC (1.65%). Company insiders that own Insteel Industries stock include H O Woltz III, James F Petelle, Richard Wagner, Scot R Jafroodi 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 Franklin Resources Inc., Wellington Management Group LLP, BlackRock Inc., Russell Investments Group Ltd., Morgan Stanley, Goldman Sachs Group Inc., Bridge City Capital LLC, and Two Sigma Advisers LP. Company insiders that have sold Insteel Industries company stock in the last year include H O Woltz III, James F Petelle, Richard Wagner, 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 EAM Global Investors LLC, Aviva PLC, Royal Bank of Canada, Oppenheimer & Co. Inc., EAM Investors LLC, Arrowstreet Capital Limited Partnership, SG Americas Securities LLC, and Tudor Investment Corp Et Al.
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 $44.62.

How much money does Insteel Industries make?

Insteel Industries has a market capitalization of $865.98 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 $3.40 on an earnings per share basis.

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 or via fax at 336-719-9097.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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