NASDAQ:IIIN Insteel Industries (IIIN) Stock Price, News & Analysis $26.97 -0.49 (-1.78%) (As of 10/31/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSustainabilityTrends About Insteel Industries Stock (NASDAQ:IIIN) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Insteel Industries alerts:Sign Up Key Stats Today's Range$26.97▼$27.7150-Day Range$26.91▼$34.4052-Week Range$26.74▼$39.38Volume92,905 shsAverage Volume105,919 shsMarket Capitalization$525.24 millionP/E Ratio27.24Dividend Yield0.44%Price TargetN/AConsensus RatingN/A Company OverviewInsteel 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.Read More… The most productive 1 min of your day… (Ad)This next step in your trading career is a simple, yet important one. I want you to take 1 minute to sign up for FREE algo alerts powered by StocksToTrade.>> Click Here To Sign Up For StocksToTrade’s Algo Alerts << Insteel Industries Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks45th Percentile Overall ScoreIIIN MarketRank™: Insteel Industries scored higher than 45% of companies evaluated by MarketBeat, and ranked 131st out of 176 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's OpinionN/AAnalyst RatingN/A Consensus RatingThere is not enough analysis data for Insteel Industries.Read more about Insteel Industries' stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth155.88% Earnings GrowthEarnings for Insteel Industries are expected to grow by 155.88% in the coming year, from $1.02 to $2.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Insteel Industries is 27.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Insteel Industries is 27.24, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.68.Price to Earnings Growth RatioInsteel Industries has a PEG Ratio of 2.21. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioInsteel Industries has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Insteel Industries' valuation and earnings. Short InterestN/AShort Interest LevelN/A Short InterestThere is no current short interest data available for IIIN. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldInsteel Industries has a dividend yield of 0.42%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthInsteel Industries does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Insteel Industries is 9.68%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Insteel Industries will have a dividend payout ratio of 4.60% next year. This indicates that Insteel Industries will be able to sustain or increase its dividend.Read more about Insteel Industries' dividend. Sustainability and ESG0.5 / 5Environmental Score-4.23 Short InterestThere is no current short interest data available for IIIN. News and Social Media3.2 / 5News Sentiment0.69 News SentimentInsteel Industries has a news sentiment score of 0.69. 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 0.50 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Insteel Industries this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for IIIN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows2 people have added Insteel Industries to their MarketBeat watchlist in the last 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Insteel Industries insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.60% of the stock of Insteel Industries is held by insiders.Percentage Held by Institutions83.27% of the stock of Insteel Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Insteel Industries' insider trading history. Receive IIIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Insteel Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address IIIN Stock News HeadlinesInsteel Industries: Reinforced Steel Play, But Not A Strong StockOctober 27, 2024 | seekingalpha.comInsteel Industries (NASDAQ:IIIN) Downgraded by StockNews.com to HoldOctober 26, 2024 | americanbankingnews.comHas Trump Finally Gone Too Far?Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.October 31, 2024 | Insiders Exposed (Ad)Bear of the Day: Insteel Industries (IIIN)October 24, 2024 | finance.yahoo.comInsteel Industries Acquires Assets of Engineered Wire ProductsOctober 21, 2024 | finance.yahoo.comInsteel unit acquires welded wire reinforcement firm EWP for $70MOctober 21, 2024 | markets.businessinsider.comInsteel Industries Expands with Key AcquisitionOctober 21, 2024 | markets.businessinsider.comInsteel Industries (NASDAQ:IIIN) Upgraded at StockNews.comOctober 21, 2024 | americanbankingnews.comSee More Headlines IIIN Stock Analysis - Frequently Asked Questions How have IIIN shares performed this year? Insteel Industries' stock was trading at $38.29 at the start of the year. Since then, IIIN shares have decreased by 29.6% and is now trading at $26.97. View the best growth stocks for 2024 here. How were Insteel Industries' earnings last quarter? Insteel Industries, Inc. (NASDAQ:IIIN) posted its quarterly earnings data on Thursday, July, 18th. The industrial products company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.43 by $0.09. The company's revenue was down 12.0% compared to the same quarter last year. Does Insteel Industries have any subsidiaries? The following companies are subsidiaries of Insteel Industries: Strand-Tech Manufacturing Inc., Insteel Wire Products Company, and Intercontinental Metals Corporation. Who are Insteel Industries' major shareholders? Insteel Industries' top institutional shareholders include Cardinal Capital Management (0.18%), Ellsworth Advisors LLC (0.08%), Louisiana State Employees Retirement System (0.05%) and Exchange Traded Concepts LLC (0.05%). Insiders that own company stock include Richard Wagner, Scot R Jafroodi and James F Petelle. 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. What other stocks do shareholders of Insteel Industries own? Based on aggregate information from My MarketBeat watchlists, some other companies that Insteel Industries investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH). Company Calendar Last Earnings7/18/2024Ex-Dividend for 9/27 Dividend9/13/2024Dividend Payable9/27/2024Today10/31/2024Next Earnings (Estimated)1/16/2025Fiscal Year End9/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorIndustrial Products Industry Steel works, blast furnaces, & rolling & finishing mills Sub-IndustryBuilding Products Current SymbolNASDAQ:IIIN CUSIP45774W10 CIK764401 Webwww.insteel.com Phone(336) 786-2141Fax336-719-9097Employees884Year Founded1953Profitability EPS (Most Recent Fiscal Year)$1.24 Trailing P/E Ratio27.74 Forward P/E Ratio26.92 P/E Growth2.21Net Income$19.31 million Net Margins3.65% Pretax Margin4.78% Return on Equity5.63% Return on Assets4.75% Debt Debt-to-Equity RatioN/A Current Ratio5.68 Quick Ratio3.79 Sales & Book Value Annual Sales$529.20 million Price / Sales1.01 Cash Flow$1.81 per share Price / Cash Flow15.14 Book Value$18.04 per share Price / Book1.52Miscellaneous Outstanding Shares19,475,000Free Float18,356,000Market Cap$534.78 million OptionableOptionable Beta1.10 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report This page (NASDAQ:IIIN) was last updated on 10/31/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | Sponsoredtop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligen...Traders Agency | SponsoredNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | Sponsored“Buffett Indicator” Predicts 62% Stock Market CrashThe last time the "Buffett Indicator" flashed this red was in 2000 - right before the market crashed 50%.Behind the Markets | SponsoredTrump or Kamala? 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