How have IIIN shares performed in 2024?

Insteel Industries' stock was trading at $38.29 at the start of the year. Since then, IIIN stock has decreased by 13.9% and is now trading at $32.97. View the best growth stocks for 2024 here .

When is Insteel Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our IIIN earnings forecast .

How can I listen to Insteel Industries' earnings call?

Insteel Industries will be holding an earnings conference call on Thursday, April 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Insteel Industries' earnings last quarter?

Insteel Industries, Inc. (NASDAQ:IIIN) issued its quarterly earnings results on Thursday, October, 19th. The industrial products company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by $0.33. The industrial products company earned $157.52 million during the quarter, compared to analysts' expectations of $167.10 million. Insteel Industries had a trailing twelve-month return on equity of 6.16% and a net margin of 3.71%. During the same quarter in the previous year, the company earned $1.24 EPS.

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

Insteel Industries announced a quarterly dividend on Tuesday, February 13th. Shareholders of record on Friday, March 15th will be given a dividend of $0.03 per share on Friday, March 29th. This represents a $0.12 annualized dividend and a yield of 0.36%. The ex-dividend date of this dividend is Thursday, March 14th. Read our dividend analysis for IIIN .

Is Insteel Industries a good dividend stock?

Insteel Industries (NASDAQ:IIIN) pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.36%. The dividend payout ratio is 10.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IIIN will have a dividend payout ratio of 3.12% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for IIIN .

What ETF holds Insteel Industries' stock?

First Trust Dow Jones Select Microcap Index Fund holds 52,146 shares of IIIN stock, representing 0.98% of its portfolio.

What is H. O. Woltz III's approval rating as Insteel Industries' CEO?

9 employees have rated Insteel Industries Chief Executive Officer H. O. Woltz III on Glassdoor.com . H. O. Woltz III has an approval rating of 81% among the company's 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) .

Who are Insteel Industries' major shareholders?

Insteel Industries' stock is owned by a number of retail and institutional investors. Top institutional investors include Bridge City Capital LLC (0.55%), Cardinal Capital Management (0.15%), Unison Advisors LLC (0.09%), RDA Financial Network (0.05%), Hennion & Walsh Asset Management Inc. (0.04%) and Allspring Global Investments Holdings LLC (0.02%). Insiders that own company stock include H O Woltz III , James F Petelle, Richard Wagner , Scot R Jafroodi and Scot R Jafroodi . View institutional ownership trends .

How do I buy shares of Insteel Industries?

Shares of IIIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Insteel Industries have any subsidiaries?

The following companies are subsidiares of Insteel Industries: Insteel Wire Products Company, Intercontinental Metals Corporation, and Strand-Tech Manufacturing Inc.. Read More

NASDAQ:IIIN

Insteel Industries (IIIN) Stock Price, News & Analysis

→ Biden’s $374B Giveaway Into This Sector (From DTI) (Ad)

Free IIIN Stock Alerts

$32.97

+0.22 (+0.67%)

(As of 04/18/2024 ET)

Compare

Today's Range: $32.75
▼
$33.75
50-Day Range: $32.77
▼
$38.22
52-Week Range: $25.44
▼
$39.38

Volume: 82,936 shs
Average Volume: 63,982 shs
Market Capitalization: $641.27 million

P/E Ratio: 28.67
Dividend Yield: 0.36%
Price Target: N/A

Get Insteel Industries alerts:

Insteel Industries MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -4.23
Upright™ Environmental Score
News Sentiment: 1.05
Based on 3 Articles This Week
Insider Trading: Selling Shares
$61,980 Sold Last Quarter
Proj. Earnings Growth: 196.15%
From $1.30 to $3.85 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.90 out of 5 stars

Industrial Products Sector

128th out of 163 stocks

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

5th out of 6 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Insteel Industries.

N/A

Short Interest

Short Interest
There is no current short interest data available for IIIN.

1.7

Dividend Strength

Dividend Yield
Insteel Industries has a dividend yield of 0.36%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Insteel Industries does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Insteel Industries is 10.43%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Insteel Industries will have a dividend payout ratio of 3.12% next year. This indicates that Insteel Industries will be able to sustain or increase its dividend.

0.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Insteel Industries has received a -73.78% net impact score from Upright. The largest negative impact of Insteel Industries in category "GHG emissions" seems to be driven mostly by its "Carbon steel wire", "Steel reinforcement meshes", and "Stainless steel wire" products. See details.
Environmental Sustainability
The Environmental Impact score for Insteel Industries is -4.23.

2.8

News and Social Media Coverage

News Sentiment
Insteel Industries has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Insteel Industries this week, compared to 1 article on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Insteel Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $61,980.00 in company stock.
Percentage Held by Insiders
Only 5.60% of the stock of Insteel Industries is held by insiders.
Percentage Held by Institutions
83.27% of the stock of Insteel Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Insteel Industries are expected to grow by 196.15% in the coming year, from $1.30 to $3.85 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Insteel Industries is 28.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of Insteel Industries is 28.67, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.29.
Price to Earnings Growth Ratio
Insteel Industries has a PEG Ratio of 2.13. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Insteel Industries has a P/B Ratio of 1.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Insteel Industries Stock (NASDAQ:IIIN)

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed 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. The company's WWR engineered reinforcing product is used in nonresidential and residential construction. It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar; concrete pipe reinforcement, an engineered made-to-order product, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. It sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

IIIN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IIIN Stock News Headlines

April 18, 2024 | finance.yahoo.com

Insteel Industries (NYSE:IIIN) shareholders have earned a 16% CAGR over the last five years

April 18, 2024 | americanbankingnews.com

Insteel Industries (IIIN) Scheduled to Post Quarterly Earnings on Thursday

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 25, 2024 | finance.yahoo.com

Insteel Industries Announces Second Quarter 2024 Conference Call

March 23, 2024 | wsj.com

Insteel Industries Inc.

March 21, 2024 | finance.yahoo.com

What Is Insteel Industries, Inc.'s (NYSE:IIIN) Share Price Doing?

March 6, 2024 | finance.yahoo.com

Estimating The Fair Value Of Insteel Industries, Inc. (NYSE:IIIN)

February 21, 2024 | finance.yahoo.com

Investors Could Be Concerned With Insteel Industries' (NYSE:IIIN) Returns On Capital

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

February 17, 2024 | finance.yahoo.com

IIIN Mar 2024 40.000 call

February 13, 2024 | finance.yahoo.com

Insteel Industries Declares Quarterly Cash Dividend

January 25, 2024 | finance.yahoo.com

Down -14.55% in 4 Weeks, Here's Why You Should You Buy the Dip in Insteel Industries (IIIN)

January 21, 2024 | finance.yahoo.com

Insteel Industries, Inc. Just Missed EPS By 48%: Here's What Analysts Think Will Happen Next

January 19, 2024 | bizjournals.com

A bellwether Triad construction company has rough quarter but sees upswing coming

January 19, 2024 | finance.yahoo.com

Insteel Industries, Inc. (NYSE:IIIN) Q1 2024 Earnings Call Transcript

January 19, 2024 | benzinga.com

Insteel Indus Stock (NYSE:IIIN), Analyst Ratings, Price Targets, Predictions

January 18, 2024 | finance.yahoo.com

Insteel Industries Inc (IIIN) Faces Headwinds in Q1 2024 with Net Earnings and Sales Decline

January 18, 2024 | markets.businessinsider.com

Insteel Industries Q1 Profit Down - Quick Facts

January 18, 2024 | finance.yahoo.com

Insteel Industries (IIIN) Q1 Earnings Beat Estimates

January 18, 2024 | finance.yahoo.com

Insteel Industries Reports First Quarter 2024 Results

January 8, 2024 | finance.yahoo.com

With 81% institutional ownership, Insteel Industries, Inc. (NYSE:IIIN) is a favorite amongst the big guns

December 18, 2023 | finance.yahoo.com

Some Confidence Is Lacking In Insteel Industries, Inc.'s (NYSE:IIIN) P/E

December 18, 2023 | businesswire.com

Insteel Industries Announces First Quarter 2024 Conference Call

December 12, 2023 | seekingalpha.com

Insteel Industries: Safe, Why It's Still A Sell

November 15, 2023 | morningstar.com

Insteel Industries Inc IIIN

October 23, 2023 | msn.com

Insteel Industries: Mixed End Markets But Some Green Shoots

October 21, 2023 | seekingalpha.com

Insteel Industries: Monitoring The Leading Construction Indicators Into 2024

See More Headlines

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Company Calendar

Last Earnings: 10/19/2023
Ex-Dividend for 3/29 Dividend: 3/14/2024
Dividend Payable: 3/29/2024
Today: 4/19/2024
Next Earnings (Confirmed): 4/25/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Industrial Products
Industry: Steel works, blast furnaces, & rolling & finishing mills
Sub-Industry: Building Products
Current Symbol: NASDAQ:IIIN
CUSIP: 45774W10
CIK: 764401
Web: www.insteel.com
Phone: (336) 786-2141
Fax: 336-719-9097
Employees: 884
Year Founded: 1953

Profitability

EPS (Most Recent Fiscal Year): $1.15
Trailing P/E Ratio: 28.67
Forward P/E Ratio: 25.36
P/E Growth: 2.13
Net Income: $32.42 million
Net Margins: 3.71%
Pretax Margin: 4.78%
Return on Equity: 6.16%
Return on Assets: 5.24%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.93
Quick Ratio: 4.12

Sales & Book Value

Annual Sales: $649.19 million
Price / Sales: 0.99
Cash Flow: $2.21 per share
Price / Cash Flow: 14.92
Book Value: $19.61 per share
Price / Book: 1.68

Miscellaneous

Outstanding Shares: 19,450,000
Free Float: 18,359,000
Market Cap: $641.27 million
Optionable: Optionable
Beta: 1.14

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Key Executives

Mr. Howard Osler Woltz III (Age 68)
President, CEO & Chairman
Comp: $1.45M
Mr. Scot R. Jafroodi (Age 54)
VP, CFO & Treasurer
Comp: $471.59k
Mr. Richard T. Wagner (Age 65)
Senior VP & COO
Comp: $620.33k
Mr. James R. York (Age 65)
Senior Vice President of Sourcing & Logistics
Comp: $448.58k
Ms. Elizabeth Carroll Southern (Age 43)
VP of Administration, Secretary & Chief Legal Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

IIIN Stock Analysis - Frequently Asked Questions

How have IIIN shares performed in 2024?: Insteel Industries' stock was trading at $38.29 at the start of the year. Since then, IIIN stock has decreased by 13.9% and is now trading at $32.97.
View the best growth stocks for 2024 here.
When is Insteel Industries' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our IIIN earnings forecast.
How can I listen to Insteel Industries' earnings call?: Insteel Industries will be holding an earnings conference call on Thursday, April 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Insteel Industries' earnings last quarter?: Insteel Industries, Inc. (NASDAQ:IIIN) issued its quarterly earnings results on Thursday, October, 19th. The industrial products company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by $0.33. The industrial products company earned $157.52 million during the quarter, compared to analysts' expectations of $167.10 million. Insteel Industries had a trailing twelve-month return on equity of 6.16% and a net margin of 3.71%. During the same quarter in the previous year, the company earned $1.24 EPS.
How often does Insteel Industries pay dividends? What is the dividend yield for Insteel Industries?: Insteel Industries announced a quarterly dividend on Tuesday, February 13th. Shareholders of record on Friday, March 15th will be given a dividend of $0.03 per share on Friday, March 29th. This represents a $0.12 annualized dividend and a yield of 0.36%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for IIIN.
Is Insteel Industries a good dividend stock?: Insteel Industries (NASDAQ:IIIN) pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.36%. The dividend payout ratio is 10.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IIIN will have a dividend payout ratio of 3.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IIIN.

What ETF holds Insteel Industries' stock?: First Trust Dow Jones Select Microcap Index Fund holds 52,146 shares of IIIN stock, representing 0.98% of its portfolio.
What is H. O. Woltz III's approval rating as Insteel Industries' CEO?: 9 employees have rated Insteel Industries Chief Executive Officer H. O. Woltz III on Glassdoor.com. H. O. Woltz III has an approval rating of 81% among the company's 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).
Who are Insteel Industries' major shareholders?: Insteel Industries' stock is owned by a number of retail and institutional investors. Top institutional investors include Bridge City Capital LLC (0.55%), Cardinal Capital Management (0.15%), Unison Advisors LLC (0.09%), RDA Financial Network (0.05%), Hennion & Walsh Asset Management Inc. (0.04%) and Allspring Global Investments Holdings LLC (0.02%). Insiders that own company stock include H O Woltz III, James F Petelle, Richard Wagner, Scot R Jafroodi and Scot R Jafroodi.
View institutional ownership trends.
How do I buy shares of Insteel Industries?: Shares of IIIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Insteel Industries have any subsidiaries?: The following companies are subsidiares of Insteel Industries: Insteel Wire Products Company, Intercontinental Metals Corporation, and Strand-Tech Manufacturing Inc..
Read More

This page (NASDAQ:IIIN) was last updated on 4/19/2024 by MarketBeat.com Staff

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Insteel Industries (IIIN) Stock Price, News & Analysis

Insteel Industries MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Insteel Industries Stock (NASDAQ:IIIN)

IIIN Stock Price History

IIIN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

IIIN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™