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Insteel Industries Inc. IIIN

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Price alert · IIIN

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28.45 USD -0.51 -1.76%

At close · Oct 30

28.45 0.00 0.00%

After hours · Oct 30, 4:01 PM ET

Bid
28.22 × 100
Ask
28.57 × 100
28.20 Day range 29.11
24.48 52-week range 38.11
YTD
-10.17%
1 year
-9.05%
Open
28.86
Prev close
28.96
Mkt cap
550.61M
Vol
135.55K
Avg vol
165.04K
EPS
1.51
P/E
18.84
Div yield
0.42%
More statistics
Low
28.20
High
29.11
Forward P/E
9.89
Beta
1.09
Short ratio
3.30
Inst. own
84.56%
Dividend
0.12
Ex-div date
Nov 28, 2024
Earnings
Jan 16, 2025
50-d avg
29.15
200-d avg
31.76
1y target
34.00

2Y chart

Chart tools
Interval

Events in this range
  • Nov 29, 2024Dividend: 1.03
  • Jan 16, 2025Earnings: —; estimate -0.03; surprise —%
  • Mar 14, 2025Dividend: 0.03
  • Jun 13, 2025Dividend: 0.03
  • Sep 12, 2025Dividend: 0.03
  • Nov 28, 2025Dividend: 1.03
  • Mar 13, 2026Dividend: 0.03
  • Jun 12, 2026Dividend: 0.03
  • Sep 11, 2026Dividend: 0.03
Signals (91)
NameDateAgo
SMA: BearishOct 23, 20261 week ago
MACD: Sell SignalOct 23, 20261 week ago
SMA: BullishOct 21, 20261 week ago
MACD: Buy SignalOct 5, 20263 weeks ago
SMA: BearishSep 8, 20261 month ago
SMA: BullishSep 3, 20261 month ago
SMA: BearishAug 24, 20262 months ago
SMA: BullishAug 21, 20262 months ago
SMA: BearishAug 20, 20262 months ago
SMA: BearishAug 19, 20262 months ago
MACD: Sell SignalAug 14, 20262 months ago
MACD: Buy SignalAug 5, 20262 months ago
SMA: BullishAug 4, 20262 months ago
MACD: Sell SignalJul 30, 20263 months ago
SMA: BearishJul 29, 20263 months ago
RSI: OverboughtJul 24, 20263 months ago
SMA: BullishJul 22, 20263 months ago
SMA: BearishJul 21, 20263 months ago
SMA: BullishJul 20, 20263 months ago
MACD: Buy SignalJul 17, 20263 months ago
MACD: Sell SignalJul 7, 20263 months ago
SMA: BullishJun 11, 20264 months ago
MACD: Buy SignalMay 6, 20265 months ago
RSI: OversoldApr 28, 20266 months ago
RSI: OversoldApr 17, 20266 months ago
SMA: BearishApr 16, 20266 months ago
SMA: BearishApr 16, 20266 months ago
MACD: Sell SignalApr 16, 20266 months ago
SMA: BullishApr 8, 20266 months ago
SMA: BullishApr 8, 20266 months ago
MACD: Buy SignalMar 25, 20267 months ago
RSI: OversoldMar 20, 20267 months ago
RSI: OversoldMar 12, 20267 months ago
SMA: BearishMar 6, 20268 months ago
SMA: BearishMar 5, 20268 months ago
MACD: Sell SignalFeb 27, 20268 months ago
MACD: Buy SignalFeb 26, 20268 months ago
MACD: Sell SignalFeb 24, 20268 months ago
RSI: OverboughtFeb 9, 20268 months ago
SMA: BullishFeb 3, 20269 months ago
MACD: Buy SignalFeb 2, 20269 months ago
SMA: BullishJan 29, 20269 months ago
SMA: BearishJan 28, 20269 months ago
MACD: Sell SignalJan 26, 20269 months ago
MACD: Buy SignalJan 8, 20269 months ago
MACD: Sell SignalJan 7, 20269 months ago
MACD: Buy SignalJan 6, 20269 months ago
MACD: Sell SignalDec 30, 202510 months ago
SMA: BullishDec 23, 202510 months ago
SMA: BearishDec 19, 202510 months ago
SMA: BullishDec 11, 202510 months ago
MACD: Buy SignalNov 4, 202512 months ago
SMA: BearishOct 16, 20251 year ago
RSI: OversoldOct 16, 20251 year ago
SMA: BearishOct 10, 20251 year ago
MACD: Sell SignalSep 15, 20251 year ago
SMA: BullishAug 21, 20251 year ago
SMA: BearishAug 20, 20251 year ago
SMA: BullishAug 19, 20251 year ago
SMA: BearishAug 18, 20251 year ago
SMA: BullishAug 12, 20251 year ago
MACD: Buy SignalAug 12, 20251 year ago
SMA: BearishJul 24, 20251 year ago
SMA: BullishJul 21, 20251 year ago
SMA: BearishJul 17, 20251 year ago
MACD: Sell SignalJul 16, 20251 year ago
RSI: OverboughtJul 10, 20251 year ago
RSI: OverboughtJul 2, 20251 year ago
MACD: Buy SignalJun 26, 20251 year ago
MACD: Sell SignalMay 20, 20251 year ago
RSI: OverboughtApr 22, 20251 year ago
SMA: BullishApr 17, 20251 year ago
MACD: Buy SignalApr 11, 20251 year ago
RSI: OversoldApr 4, 20251 year ago
MACD: Sell SignalMar 31, 20251 year ago
SMA: BearishMar 25, 20251 year ago
SMA: BullishMar 24, 20251 year ago
SMA: BearishMar 20, 20251 year ago
SMA: BullishMar 19, 20251 year ago
MACD: Buy SignalMar 19, 20251 year ago
SMA: BearishMar 3, 20251 year ago
SMA: BullishFeb 28, 20251 year ago
SMA: BearishFeb 27, 20251 year ago
MACD: Sell SignalFeb 24, 20251 year ago
RSI: OverboughtFeb 11, 20251 year ago
SMA: BullishFeb 10, 20251 year ago
SMA: BearishFeb 7, 20251 year ago
SMA: BullishJan 23, 20251 year ago
MACD: Buy SignalJan 17, 20251 year ago
RSI: OversoldJan 7, 20251 year ago
RSI: OverboughtNov 21, 20241 year ago

Key statistics

Market cap
540.77M
Enterprise value
441.04M
Trailing P/E
28.08
Forward P/E
9.89
PEG ratio
0.00
Price / sales
1.02
Price / book
1.54
EPS (TTM)
0.99
Beta
1.09
Dividend yield
0.42%
Payout ratio
12.12%
Profit margin
3.65%
Revenue (TTM)
529.20M
Revenue growth
-14.70%
Free cash flow
30.34M
Total cash
111.54M
Total debt
1.69M
Return on equity
5.27%
Shares outstanding
19.45M
Short % of float
1.94%
50-day average
29.15
200-day average
31.76

Analyst view

Consensus: none

Price target (mean) 34.00
Ratings (0m) 1 0 buy · 1 hold · 0 sell
  • Strong buy0
  • Buy0
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

Jan 16, 2025

Expected Jan 16, 2025. Consensus EPS estimate 0.095.

Earnings history

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
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