Insteel Industries Inc. IIIN

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28.56 USD -0.28 (-0.97%)

At closeNov 4, 2026, 4:55 AM EST

28.99 +0.43 +1.50%

Pre-market · Nov 4, 4:55 AM ET

28.44 Day range 29.54
24.35 52-week range 38.45
YTD
-9.82%
1 year
-8.46%
Market cap
552.74M
Revenue (ttm)
529.20M
Profit margin
3.65%
EPS (ttm)
1.51
Shares out
19.45M
P/E ratio
18.91
Forward P/E
9.89
Dividend
0.12 (0.42%)
Ex-dividend date
Nov 28, 2024
YTD return
-9.82%
1-year return
-8.46%
Volume
95.64K
Avg volume
155.45K
Open
29.16
Previous close
28.84
Day's range
28.44 – 29.54
52-week range
24.35 – 38.45
Beta
1.09
Price target
34.00 (+19.0%)
Earnings date
Jan 16, 2025

3M -4.39 (-13.33%)

283032Aug 12Aug 31Sep 18Oct 7Oct 2628.55

Key statistics

Enterprise value
441.04M
PEG ratio
0.00
Price / sales
1.02
Price / book
1.54
Dividend yield
0.42%
Payout ratio
12.12%
Revenue growth
-14.70%
Free cash flow
30.34M
Total cash
111.54M
Total debt
1.69M
Return on equity
5.27%
Short % of float
1.94%
50-day average
29.15
200-day average
31.76

Financials — quick view

All financials
IIIN Revenue — quarterly 209.28M
2023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20242025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20252026-Q2 20262026-Q3 20262026-Q4 2026
IIIN Net income — quarterly 7.72M
2023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20242025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20252026-Q2 20262026-Q3 20262026-Q4 2026
IIIN EPS — quarterly 0.40
2023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20242025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20252026-Q2 20262026-Q3 20262026-Q4 2026

Earnings

IIIN recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Jan 16, 2025Dec 1, 2024-0.03———
Oct 17, 2024Sep 1, 20240.240.240.000.00%
Jul 18, 2024Jun 1, 20240.380.34-0.04-10.53%
Apr 25, 2024Mar 1, 20240.220.35+0.13+59.09%
Jan 18, 2024Dec 1, 20230.050.06+0.01+20.00%
Oct 19, 2023Sep 1, 20230.620.29-0.33-53.23%

Upgrades / downgrades

IIIN analyst upgrades and downgrades
DateFirmActionFromTo
Oct 29, 2020Kansas City CapitalupPerformOutperform
Jun 10, 2020Sidoti & Co.downBuyNeutral
Apr 14, 2020Sidoti & Co.main—Buy
Mar 12, 2020Sidoti & Co.main—Neutral
Jan 17, 2020Kansas City CapitaldownOutperformPerform
Nov 27, 2019Sidoti & Co.main—Buy

About Insteel Industries Inc.

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. The company was founded in 1953 and is headquartered in Mount Airy, North Carolina.

Sector
Industrials
Industry
Metal Fabrication
Country
United States
Website
insteel.com

News

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Insider holders

IIIN insider holders
InsiderRelationLatest transactionDateShares held
BOXLEY ABNEY S IIIDirectorConversion of Exercise of derivative securityFeb 13, 202418,730
JAFROODI SCOT RChief Financial OfficerConversion of Exercise of derivative securityAug 15, 202441,678
LLOYD ANNE HDirectorConversion of Exercise of derivative securityFeb 13, 20248,790
PETELLE JAMES FOfficerConversion of Exercise of derivative securitySep 5, 202317,791
ROGERS WILLIAM ALLEN IIDirectorConversion of Exercise of derivative securityFeb 13, 202491,306
RUTKOWSKI JOSEPH ADirectorConversion of Exercise of derivative securityFeb 13, 202419,693

Institution ownership

IIIN institution ownership
Holder% heldSharesValueReported
Blackrock Inc.17.35%3,373,99393.80MSep 29, 2024
Dimensional Fund Advisors LP6.30%1,225,42334.07MSep 29, 2024
Vanguard Group Inc6.16%1,199,22333.34MSep 29, 2024
Royce & Associates LP4.18%813,10422.60MSep 29, 2024
State Street Corporation3.91%761,49221.17MSep 29, 2024
Pacer Advisors, Inc.3.41%662,77518.43MSep 29, 2024

Fund ownership

IIIN fund ownership
Holder% heldSharesValueReported
iShares Core S&P Smallcap ETF6.40%1,244,55634.60MOct 30, 2024
Pacer Small Cap U.S. Cash Cows 100 ETF3.26%634,84217.65MJul 30, 2024
Global X Fds-Global X U.S. Infrastructure Development ETF3.12%607,56316.89MOct 30, 2024
Vanguard Total Stock Market Index Fund3.01%584,67216.25MSep 29, 2024
iShares U.S. Infrastructure ETF2.34%455,37412.66MSep 29, 2024
iShares Russell 2000 ETF2.34%455,18812.65MOct 30, 2024