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

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

Insteel Industries declared 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 0.61%. The ex-dividend date of this dividend is Thursday, September 12th. View Insteel Industries' Dividend History.

Insteel Industries Inc (NASDAQ:IIIN) issued its earnings results 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 company's quarterly revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.67 earnings per share. View Insteel Industries' Earnings History.

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

Insteel Industries will be holding an earnings conference call on Thursday, October 17th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

1 brokers have issued 12-month price targets for Insteel Industries' shares. Their forecasts range from $25.00 to $25.00. On average, they expect Insteel Industries' stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 26.1% 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.

Headlines about IIIN stock have been trending negative on Monday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Insteel Industries earned a coverage optimism score of -2.8 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Insteel Industries.

Insteel Industries saw a decline in short interest during the month of 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 daily trading volume, of 76,200 shares, the short-interest ratio is presently 7.3 days. Approximately 3.1% of the company's stock are sold short. 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 Netflix (NFLX), Ford Motor (F), General Electric (GE), Johnson & Johnson (JNJ), Badger Meter (BMI), Callon Petroleum (CPE), Cross Timbers Royalty Trust (CRT), Progressive (PGR), Axcelis Technologies (ACLS) and Broadcom (AVGO).

Insteel Industries' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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 acquired 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 $19.82.

Insteel Industries has a market capitalization of $381.54 million and generates $453.22 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.