FY2026 EPS Estimates for Insteel Industries Raised by Sidoti

Insteel Industries, Inc. (NYSE:IIIN) – Investment analysts at Sidoti lifted their FY2026 earnings per share (EPS) estimates for shares of Insteel Industries in a research report issued to clients and investors on Friday, July 17th. Sidoti analyst J. Romero now expects that the company will post earnings per share of $1.59 for the year, up from their previous estimate of $1.32. The consensus estimate for Insteel Industries’ current full-year earnings is $1.59 per share.

Insteel Industries (NYSE:IIIN) last announced its quarterly earnings data on Thursday, July 16th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.01. The business had revenue of $197.66 million during the quarter. Insteel Industries had a return on equity of 9.92% and a net margin of 5.14%.During the same quarter in the prior year, the company earned $0.78 earnings per share.

A number of other research analysts have also recently commented on the stock. Zacks Research raised shares of Insteel Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. Wall Street Zen raised shares of Insteel Industries from a “sell” rating to a “hold” rating in a report on Saturday. Finally, Weiss Ratings cut shares of Insteel Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Insteel Industries currently has a consensus rating of “Buy”.

Insteel Industries Stock Down 1.3%

Insteel Industries stock opened at $31.42 on Tuesday. Insteel Industries has a 12-month low of $24.35 and a 12-month high of $39.91. The business’s 50-day moving average price is $28.62 and its two-hundred day moving average price is $31.40. The stock has a market cap of $608.33 million, a PE ratio of 16.89, a P/E/G ratio of 1.67 and a beta of 0.52.

Insteel Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were given a dividend of $0.03 per share. The ex-dividend date was Friday, June 12th. This represents a $0.12 dividend on an annualized basis and a yield of 0.4%. Insteel Industries’s payout ratio is currently 6.45%.

Hedge Funds Weigh In On Insteel Industries

Several large investors have recently bought and sold shares of the company. Advisory Services Network LLC acquired a new stake in shares of Insteel Industries during the third quarter valued at about $26,000. GAMMA Investing LLC increased its stake in shares of Insteel Industries by 71.2% in the second quarter. GAMMA Investing LLC now owns 1,998 shares of the company’s stock valued at $60,000 after buying an additional 831 shares during the period. BNP Paribas Financial Markets raised its holdings in Insteel Industries by 74.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,248 shares of the company’s stock valued at $84,000 after buying an additional 958 shares during the last quarter. Quarry LP acquired a new stake in Insteel Industries during the 3rd quarter worth approximately $89,000. Finally, Smartleaf Asset Management LLC boosted its position in Insteel Industries by 30.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,516 shares of the company’s stock worth $95,000 after buying an additional 583 shares during the period. 83.27% of the stock is currently owned by institutional investors.

About Insteel Industries

Insteel Industries, Inc is a leading manufacturer of steel wire reinforcing products used in concrete construction. The company specializes in the design, fabrication and distribution of welded-wire reinforcement, cut-and-bent reinforcement and related accessories for concrete walls, floors and columns. Its products are employed across residential, commercial and infrastructure projects, providing structural strength and dimensional stability in poured concrete applications.

Key product lines include truss mats—prefabricated, ladder-like assemblies of welded wire designed for rapid placement—and custom cut-and-bent wire assemblies that meet specific engineering requirements.