Insteel Industries Stock Price, News & Analysis (NASDAQ:IIIN)

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

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 dividend yield of 0.62%. The ex-dividend date is Thursday, September 12th. View Insteel Industries' Dividend History.

Insteel Industries Inc (NASDAQ:IIIN) announced its earnings results on Thursday, October, 17th. The industrial products company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.19 by $0.28. The industrial products company had revenue of $113.40 million for the quarter, compared to analyst estimates of $126.88 million. Insteel Industries had a return on equity of 1.99% and a net margin of 1.23%. Insteel Industries's revenue for the quarter was down 6.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.49 earnings per share. View Insteel Industries' Earnings History.

Insteel Industries is scheduled to release their next quarterly earnings announcement on Thursday, January 16th 2020. View Earnings Estimates for Insteel Industries.

1 equities research analysts have issued twelve-month price objectives for Insteel Industries' stock. Their forecasts range from $25.00 to $25.00. On average, they anticipate Insteel Industries' share price to reach $25.00 in the next twelve months. This suggests a possible upside of 28.2% from the stock's current price. View Analyst Price Targets 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.

News coverage about IIIN stock has been trending somewhat positive this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Insteel Industries earned a news impact score of 0.8 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Insteel Industries.

Insteel Industries saw a decline in short interest in September. As of September 30th, there was short interest totalling 559,000 shares, a decline of 33.1% from the August 30th total of 835,200 shares. Based on an average trading volume of 76,200 shares, the short-interest ratio is currently 7.3 days. Approximately 3.1% of the company's stock are short sold. View Insteel Industries' Current Options Chain.

Some companies that are related to Insteel Industries include NIPPON STL & SU/S (NSSMY), Gerdau (GGB), Companhia Siderurgica Nacional (SID), SSAB SVENSKT ST/ADR (SSAAY), Worthington Industries (WOR), Gibraltar Industries (ROCK), Haynes International (HAYN), General Steel (GSIH) and China Gerui Adv Mtals Grp (CHOPF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Insteel Industries investors own include Ford Motor (F), General Electric (GE), Netflix (NFLX), Callon Petroleum (CPE), Cross Timbers Royalty Trust (CRT), Johnson & Johnson (JNJ), Axcelis Technologies (ACLS), Broadcom (AVGO), Cisco Systems (CSCO) and Gladstone Investment (GAIN).

Insteel Industries' stock is owned by many different of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.07%). 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.

IIIN stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View Insider Buying and Selling for 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.

One share of IIIN stock can currently be purchased for approximately $19.50.

Insteel Industries has a market capitalization of $375.38 million and generates $455.71 million in revenue each year. Insteel Industries employs 810 workers across the globe.View Additional Information About Insteel Industries.

The official website for Insteel Industries is http://www.insteel.com/.

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.