NASDAQ:IIIN Insteel Industries (IIIN) Stock Price, News & Analysis → His win rate puts Warren Buffett to shame… (From Investing Daily) (Ad) Free IIIN Stock Alerts $32.39 +0.66 (+2.08%) (As of 04/26/2024 08:52 PM ET) Add Compare Share Share Today's Range$31.70▼$32.6850-Day Range$31.73▼$38.2252-Week Range$26.86▼$39.38Volume128,600 shsAverage Volume88,626 shsMarket Capitalization$630.96 millionP/E Ratio26.12Dividend Yield0.37%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaSustainabilityStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaSustainability Get Insteel Industries alerts: Email Address Insteel Industries MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainability-4.23Upright™ Environmental ScoreNews Sentiment0.59Based on 7 Articles This WeekInsider TradingSelling Shares$61,980 Sold Last QuarterProj. Earnings Growth196.15%From $1.30 to $3.85 Per ShareSee Full Details Hide Full Details 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.1.94 out of 5 starsIndustrial Products Sector127th out of 163 stocksSteel Works, Blast Furnaces, & Rolling & Finishing Mills Industry5th out of 6 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Insteel Industries. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for IIIN. Previous Next 1.7 Dividend Strength Dividend YieldInsteel Industries has a dividend yield of 0.37%, 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 3.12% next year. This indicates that Insteel Industries will be able to sustain or increase its dividend. Previous Next 0.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreInsteel 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 SustainabilityThe Environmental Impact score for Insteel Industries is -4.23. Previous Next 2.6 News and Social Media Coverage News SentimentInsteel Industries has a news sentiment score of 0.59. 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 0.40 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Insteel Industries this week, compared to 1 article on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings 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 MarketThe P/E ratio of Insteel Industries is 26.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.51.Price to Earnings Ratio vs. SectorThe P/E ratio of Insteel Industries is 26.12, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.97.Price to Earnings Growth RatioInsteel Industries has a PEG Ratio of 2.08. 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 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsIf you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)Watch my video for all of the details 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.Read More IIIN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IIIN Stock News HeadlinesApril 26, 2024 | msn.comInsteel Q2 2024 Earnings PreviewApril 25, 2024 | markets.businessinsider.comWhat Wall Street expects from Insteel Industries's earningsApril 29, 2024 | Investing Daily (Ad)His win rate puts Warren Buffett to shame… Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.April 25, 2024 | finance.yahoo.comInsteel Industries Inc (IIIN) Q2 Earnings: Surpasses EPS Estimates Amidst Challenging Market ...April 25, 2024 | businesswire.comInsteel Industries Reports Second Quarter 2024 ResultsApril 18, 2024 | finance.yahoo.comInsteel Industries (NYSE:IIIN) shareholders have earned a 16% CAGR over the last five yearsMarch 25, 2024 | finance.yahoo.comInsteel Industries Announces Second Quarter 2024 Conference CallMarch 23, 2024 | wsj.comInsteel Industries Inc.April 29, 2024 | Investing Daily (Ad)His win rate puts Warren Buffett to shame… Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.March 21, 2024 | finance.yahoo.comWhat Is Insteel Industries, Inc.'s (NYSE:IIIN) Share Price Doing?March 6, 2024 | finance.yahoo.comEstimating The Fair Value Of Insteel Industries, Inc. (NYSE:IIIN)February 21, 2024 | finance.yahoo.comInvestors Could Be Concerned With Insteel Industries' (NYSE:IIIN) Returns On CapitalFebruary 17, 2024 | finance.yahoo.comIIIN Mar 2024 40.000 callFebruary 13, 2024 | finance.yahoo.comInsteel Industries Declares Quarterly Cash DividendJanuary 25, 2024 | finance.yahoo.comDown -14.55% in 4 Weeks, Here's Why You Should You Buy the Dip in Insteel Industries (IIIN)January 21, 2024 | finance.yahoo.comInsteel Industries, Inc. Just Missed EPS By 48%: Here's What Analysts Think Will Happen NextJanuary 19, 2024 | bizjournals.comA bellwether Triad construction company has rough quarter but sees upswing comingJanuary 19, 2024 | finance.yahoo.comInsteel Industries, Inc. (NYSE:IIIN) Q1 2024 Earnings Call TranscriptJanuary 19, 2024 | benzinga.comInsteel Indus Stock (NYSE:IIIN), Analyst Ratings, Price Targets, PredictionsJanuary 18, 2024 | finance.yahoo.comInsteel Industries Inc (IIIN) Faces Headwinds in Q1 2024 with Net Earnings and Sales DeclineJanuary 18, 2024 | markets.businessinsider.comInsteel Industries Q1 Profit Down - Quick FactsJanuary 18, 2024 | finance.yahoo.comInsteel Industries (IIIN) Q1 Earnings Beat EstimatesJanuary 18, 2024 | finance.yahoo.comInsteel Industries Reports First Quarter 2024 ResultsJanuary 8, 2024 | finance.yahoo.comWith 81% institutional ownership, Insteel Industries, Inc. (NYSE:IIIN) is a favorite amongst the big gunsDecember 18, 2023 | finance.yahoo.comSome Confidence Is Lacking In Insteel Industries, Inc.'s (NYSE:IIIN) P/EDecember 18, 2023 | businesswire.comInsteel Industries Announces First Quarter 2024 Conference CallDecember 12, 2023 | seekingalpha.comInsteel Industries: Safe, Why It's Still A SellSee More Headlines 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 Company Calendar Ex-Dividend for 3/29 Dividend3/14/2024Dividend Payable3/29/2024Last Earnings4/25/2024Today4/29/2024Next Earnings (Estimated)7/18/2024Fiscal Year End9/30/2024Get 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 Ratio26.12 Forward P/E Ratio24.92 P/E Growth2.08Net Income$32.42 million Net Margins4.24% Pretax Margin5.47% Return on Equity6.78% Return on Assets5.77% Debt Debt-to-Equity RatioN/A Current Ratio7.18 Quick Ratio4.12 Sales & Book Value Annual Sales$572.36 million Price / Sales1.10 Cash Flow$2.22 per share Price / Cash Flow14.58 Book Value$17.51 per share Price / Book1.85Miscellaneous Outstanding Shares19,448,000Free Float18,359,000Market Cap$629.92 million OptionableOptionable Beta1.14 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Howard Osler Woltz III (Age 68)President, CEO & Chairman Comp: $1.45MMr. Scot R. Jafroodi (Age 54)VP, CFO & Treasurer Comp: $471.59kMr. Richard T. Wagner (Age 65)Senior VP & COO Comp: $620.33kMr. James R. York (Age 65)Senior Vice President of Sourcing & Logistics Comp: $448.58kMs. Elizabeth Carroll Southern (Age 43)VP of Administration, Secretary & Chief Legal Officer Key CompetitorsOmega FlexNASDAQ:OFLXTitan InternationalNYSE:TWIKornit DigitalNASDAQ:KRNTHaynes InternationalNASDAQ:HAYNEnergy RecoveryNASDAQ:ERIIView All CompetitorsInsiders & InstitutionsYousif Capital Management LLCSold 880 shares on 4/26/2024Ownership: 0.045%Canal Capital Management LLCSold 1,000 shares on 4/23/2024Ownership: 0.544%Allspring Global Investments Holdings LLCBought 2,685 shares on 4/18/2024Ownership: 0.017%Hennion & Walsh Asset Management Inc.Sold 6,903 shares on 4/17/2024Ownership: 0.045%Cardinal Capital ManagementBought 5,087 shares on 4/16/2024Ownership: 0.150%View All Insider TransactionsView 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 15.4% and is now trading at $32.39. 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, July 18th 2024. View our IIIN earnings forecast. How were Insteel Industries' earnings last quarter? Insteel Industries, Inc. (NASDAQ:IIIN) issued its quarterly earnings results on Thursday, April, 25th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.13. The industrial products company had revenue of $127.40 million for the quarter, compared to the consensus estimate of $134.89 million. Insteel Industries had a trailing twelve-month return on equity of 6.78% and a net margin of 4.24%. The firm's quarterly revenue was down 19.9% on a year-over-year basis. During the same quarter last year, the company earned $0.26 earnings per share. 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. Stockholders of record on Friday, March 15th will be paid a dividend of $0.03 per share on Friday, March 29th. This represents a $0.12 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date 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 0.37%. The dividend payout ratio is 9.68%. 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 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 variety of retail and institutional investors. Top institutional investors include Bridge City Capital LLC (0.55%), Canal Capital Management LLC (0.54%), Cardinal Capital Management (0.15%), Unison Advisors LLC (0.09%), RDA Financial Network (0.05%) and Yousif Capital Management LLC (0.05%). 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 4/29/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsHis win rate puts Warren Buffett to shame… Investing DailyDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyJeff Bezos Just Humiliated Elon MuskInvestorPlaceExposed: 10 CENT Crypto to Explode April 20th?True Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Insteel Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
