NASDAQ:IIIN

Insteel Industries Stock Forecast, Price & News

$32.01
+0.85 (+2.73 %)
(As of 04/16/2021 12:00 AM ET)
Add
Compare
Today's Range
$31.25
Now: $32.01
$32.43
50-Day Range
$29.15
MA: $33.20
$38.73
52-Week Range
$13.54
Now: $32.01
$38.96
Volume60,051 shs
Average Volume97,988 shs
Market Capitalization$618.24 million
P/E Ratio32.66
Dividend Yield0.38%
Beta1.6
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.
Insteel Industries logo

Industry, Sector and Symbol

Industry Steel works, blast furnaces, & rolling & finishing mills
Sub-IndustryBuilding Products
Current SymbolNASDAQ:IIIN
CUSIP45774W10
Phone(336) 786-2141
Employees881
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$472.62 million
Cash Flow$2.26 per share
Book Value$13.72 per share

Profitability

Net Income$19.01 million

Miscellaneous

Market Cap$618.24 million
Next Earnings Date4/22/2021 (Confirmed)
OptionableOptionable

Headlines

Insteel Industries (IIIN) to Release Earnings on Thursday
April 15, 2021 |  americanbankingnews.com
Insteel Industries (NASDAQ:IIIN) Shares Gap Down to $32.00
April 14, 2021 |  americanbankingnews.com
Insteel Industries (NASDAQ:IIIN) Shares Gap Up to $30.84
April 5, 2021 |  americanbankingnews.com
Insteel Industries: Q1 Earnings Insights
January 21, 2021 |  finance.yahoo.com
Earnings Outlook For Insteel Industries
January 20, 2021 |  finance.yahoo.com
Is IIIN A Good Stock To Buy Now?
December 10, 2020 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.12 out of 5 stars

Industrial Products Sector

193rd out of 398 stocks

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

6th out of 14 stocks

Analyst Opinion: 1.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
$32.01
+0.85 (+2.73 %)
(As of 04/16/2021 12:00 AM 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

Is Insteel Industries a buy right now?

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. The consensus among Wall Street analysts is that investors should "hold" Insteel Industries stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IIIN, but not buy additional shares or sell existing shares.
View analyst ratings for Insteel Industries
or view top-rated stocks.

What stocks does MarketBeat like better than Insteel Industries?

Wall Street analysts have given Insteel Industries a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Insteel Industries wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Insteel Industries?

Insteel Industries saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 339,200 shares, a drop of 27.0% from the March 15th total of 464,600 shares. Based on an average daily trading volume, of 98,200 shares, the short-interest ratio is presently 3.5 days. Approximately 1.9% of the company's stock are sold short.
View Insteel Industries' Short Interest
.

When is Insteel Industries' next earnings date?

Insteel Industries is scheduled to release its next quarterly earnings announcement on Thursday, April 22nd 2021.
View our earnings forecast for Insteel Industries
.

How can I listen to Insteel Industries' earnings call?

Insteel Industries will be holding an earnings conference call on Thursday, April 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Insteel Industries' earnings last quarter?

Insteel Industries, Inc. (NASDAQ:IIIN) released its earnings results on Wednesday, January, 20th. The industrial products company reported $0.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.30 by $0.15. The industrial products company had revenue of $119.61 million for the quarter. Insteel Industries had a net margin of 4.02% and a trailing twelve-month return on equity of 7.79%.
View Insteel Industries' earnings history
.

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 98.8% and is now trading at $32.01.
View which stocks have been most impacted by COVID-19
.

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

Insteel Industries announced a quarterly dividend on Tuesday, February 16th. Shareholders of record on Friday, March 12th will be given a dividend of $0.03 per share on Friday, March 26th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date of this dividend is Thursday, March 11th.
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 0.38%.
View Insteel Industries' dividend history.

What price target have analysts set for IIIN?

1 brokers have issued 1 year price objectives for Insteel Industries' shares. Their forecasts range from $19.00 to $19.00. On average, they expect Insteel Industries' stock price to reach $19.00 in the next year. This suggests that the stock has a possible downside of 40.6%.
View analysts' price targets for Insteel Industries
or view top-rated stocks among Wall Street analysts.

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
  • Mark A. Carano, Chief Financial Officer, Treasurer & SVP
  • Scot R. Jafroodi, Chief Accounting Officer, VP & Controller
  • 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.

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 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 institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.11%), State of Alaska Department of Revenue (0.07%), Louisiana State Employees Retirement System (0.05%) and Carolina Wealth Advisors LLC (0.02%). Company insiders that own Insteel Industries stock include James F Petelle and Jon M Ruth.
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 Wedge Capital Management L L P NC, and State of Alaska Department of Revenue.
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 bought by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, and Carolina Wealth Advisors LLC.
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 $32.01.

How much money does Insteel Industries make?

Insteel Industries has a market capitalization of $618.24 million and generates $472.62 million in revenue each year.

How many employees does Insteel Industries have?

Insteel Industries employs 881 workers across the globe.

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.


This page was last updated on 4/17/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.