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

$18.48
-1.52 (-7.60 %)
(As of 10/18/2019 07:49 AM ET)
Today's Range
$17.49
Now: $18.48
$19.34
50-Day Range
$17.83
MA: $20.04
$22.40
52-Week Range
$17.49
Now: $18.48
$32.22
Volume209,758 shs
Average Volume62,322 shs
Market Capitalization$355.74 million
P/E Ratio24.01
Dividend Yield0.59%
Beta1.68
Insteel Industries, Inc, together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers pre-stressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its 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. Read More…

Industry, Sector and Symbol

Industry Steel works, blast furnaces, & rolling & finishing mills
Sub-IndustryBuilding Products
SectorIndustrial Products
Current SymbolNASDAQ:IIIN
CUSIP45774W10
Phone336-786-2141

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$453.22 million
Cash Flow$2.18 per share
Book Value$12.57 per share

Profitability

Net Income$36.26 million

Miscellaneous

Employees810
Market Cap$355.74 million
Next Earnings DateN/A
OptionableOptionable

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Insteel Industries (NASDAQ:IIIN) Frequently Asked Questions

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 announced a quarterly dividend on Tuesday, August 13th. Investors of record on Friday, September 13th will be given a dividend of $0.03 per share on Friday, September 27th. This represents a $0.12 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date of this dividend is Thursday, September 12th. View Insteel Industries' Dividend History.

How were Insteel Industries' earnings last quarter?

Insteel Industries Inc (NASDAQ:IIIN) released its quarterly earnings data on Thursday, October, 17th. The industrial products company reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of $0.19 by $0.28. The industrial products company earned $113.40 million during the quarter, compared to analyst estimates of $126.88 million. Insteel Industries had a return on equity of 6.55% and a net margin of 3.62%. The business's revenue for the quarter was down 6.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.49 EPS. View Insteel Industries' Earnings History.

What price target have analysts set for IIIN?

1 analysts have issued 1-year target prices for Insteel Industries' shares. Their predictions range from $25.00 to $25.00. On average, they anticipate Insteel Industries' stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 35.3% from the stock's current price. View Analyst Price Targets for Insteel Industries.

What is the consensus analysts' recommendation 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.

Has Insteel Industries been receiving favorable news coverage?

News articles about IIIN stock have trended neutral on Friday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Insteel Industries earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave 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 effect on the stock's share price in the next few days. View News Stories for Insteel Industries.

Are investors shorting Insteel Industries?

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

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 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).

Who are Insteel Industries' key executives?

Insteel Industries' management team includes the folowing people:
  • Mr. Howard Osler Woltz III, Chairman, Pres & CEO (Age 63)
  • Mr. Michael C. Gazmarian, VP, CFO & Treasurer (Age 60)
  • Mr. James F. Petelle, VP of Admin. & Sec. (Age 69)
  • Mr. Richard T. Wagner, VP (Age 60)
  • Mr. Scot R. Jafroodi, Chief Accounting Officer & Corp. Controller

Who are Insteel Industries' major shareholders?

Insteel Industries' stock is owned by a variety of of institutional and retail 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.

Which major investors are buying Insteel Industries stock?

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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Insteel Industries' stock price today?

One share of IIIN stock can currently be purchased for approximately $18.48.

How big of a company is Insteel Industries?

Insteel Industries has a market capitalization of $355.74 million and generates $453.22 million in revenue each year. Insteel Industries employs 810 workers across the globe.View Additional Information About Insteel Industries.

What is Insteel Industries' official website?

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

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.


MarketBeat Community Rating for Insteel Industries (NASDAQ IIIN)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  179 (Vote Outperform)
Underperform Votes:  183 (Vote Underperform)
Total Votes:  362
MarketBeat's community ratings are surveys of what our community members think about Insteel Industries and other stocks. Vote "Outperform" if you believe IIIN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IIIN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/18/2019 by MarketBeat.com Staff

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