Insteel Industries, Inc. (IIIN)
Market Cap | 550.89M |
Revenue (ttm) | 529.20M |
Net Income (ttm) | 19.31M |
Shares Out | 19.45M |
EPS (ttm) | 0.99 |
PE Ratio | 28.61 |
Forward PE | 22.57 |
Dividend | $0.12 (0.42%) |
Ex-Dividend Date | Nov 29, 2024 |
Volume | 269,145 |
Open | 28.20 |
Previous Close | 28.72 |
Day's Range | 28.20 - 29.14 |
52-Week Range | 26.74 - 39.38 |
Beta | 1.08 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Jan 16, 2025 |
About 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 nonresident... [Read more]
Financial Performance
In 2024, Insteel Industries's revenue was $529.20 million, a decrease of -18.48% compared to the previous year's $649.19 million. Earnings were $19.31 million, a decrease of -40.44%.
Financial StatementsNews
Insteel Industries Announces First Quarter 2025 Conference Call
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its first quarter 2025 earnings conference call will be webcast live over the internet on Thursday, January...
Insteel Industries Announces Addition of Blake Doyle to Its Board of Directors
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that Blake Doyle has been appointed to its board of directors. Ms. Doyle's term runs through the 2025 annual mee...
Insteel Industries Announces Closure of Warren, Ohio Facility
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) (“Insteel” or the “Company”) announced today that it will be closing its facility in Warren, Ohio, and moving the manufacturing ...
Insteel Industries Declares Regular Quarterly and Special Cash Dividends
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share and a special cash div...
Insteel Industries Acquires Assets of Engineered Wire Products
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its wholly-owned subsidiary, Insteel Wire Products Company (together referred to as “Insteel” or the “Compa...
Insteel Industries, Inc. (IIIN) Q4 2024 Earnings Call Transcript
Insteel Industries, Inc. (NYSE:IIIN) Q4 2024 Earnings Conference Call October 17, 2024 10:00 AM ET Company Participants H.O. Woltz III - President and Chief Executive Officer Scot Jafroodi - Vice Pre...
Insteel Industries Reports Fourth Quarter and Fiscal 2024 Results
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) (“Insteel” or the “Company”), the nation's largest manufacturer of steel wire reinforcing products for concrete construction app...
Insteel Industries Announces Fourth Quarter 2024 Conference Call
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its fourth quarter 2024 earnings conference call will be webcast live over the internet on Thursday, Octobe...
Insteel Industries Declares Quarterly Cash Dividend
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share of common stock payabl...
Insteel Industries, Inc. (IIIN) Q3 2024 Earnings Call Transcript
Insteel Industries, Inc. (NYSE:IIIN) Q3 2024 Earnings Call Transcript July 18, 2024 10:00 AM ET Company Participants H. Woltz - CEO Scot Jafroodi - VP, CFO and Treasurer Conference Call Participants ...
Insteel Industries Reports Third Quarter 2024 Results
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) (“Insteel” or the “Company”), the nation's largest manufacturer of steel wire reinforcing products for concrete construction app...
BTG Pactual Timberland Investment Group to provide Microsoft with 8 million carbon removal credits
NEW YORK--(BUSINESS WIRE)--Today, the BTG Pactual Timberland Investment Group (TIG) announced the execution of a carbon offset credit transaction with Microsoft. Under the terms of the agreement, TIG ...
Insteel Industries Announces Third Quarter 2024 Conference Call
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its third quarter 2024 earnings conference call will be webcast live over the internet on Thursday, July 18...
Insteel Industries, Inc. (IIIN) Q2 2024 Earnings Call Transcript
Insteel Industries, Inc. (NYSE:IIIN) Q2 2024 Earnings Conference Call April 25, 2024 10:00 AM ET Company Participants H. Woltz - Chairman, President and Chief Executive Officer Scot Jafroodi - Vice P...
Insteel Industries Reports Second Quarter 2024 Results
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) (“Insteel” or the “Company”), the largest manufacturer of steel wire reinforcing products for concrete construction applications...
Insteel Industries Announces Second Quarter 2024 Conference Call
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its second quarter 2024 earnings conference call will be webcast live over the internet on Thursday, April ...
Insteel Industries, Inc. (IIIN) Q1 2024 Earnings Call Transcript
Insteel Industries, Inc. (IIIN) Q1 2024 Earnings Call Transcript
Insteel Industries Reports First Quarter 2024 Results
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) (“Insteel” or the “Company”), the largest manufacturer of steel wire reinforcing products for concrete construction applications...
Insteel Industries Announces First Quarter 2024 Conference Call
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its first quarter 2024 earnings conference call will be webcast live over the internet on Thursday, January...
Insteel Industries: Mixed End Markets But Some Green Shoots
Insteel Industries Inc. is close to the bottom of the cycle and there is potential for sequential improvement as FY24 progresses. Inventory destocking among distributors is almost over, which will be ...
Insteel Industries, Inc. (IIIN) Q4 2023 Earnings Call Transcript
Insteel Industries, Inc. (IIIN) Q4 2023 Earnings Call Transcript
Insteel Industries Reports Fourth Quarter and Fiscal 2023 Results
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) (“Insteel” or the “Company), the largest manufacturer of steel wire reinforcing products for concrete construction applications ...
Insteel Industries Announces Fourth Quarter 2023 Conference Call
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its fourth quarter 2023 earnings conference call will be webcast live over the internet on Thursday, Octobe...
Insteel Industries, Inc. (IIIN) Q3 2023 Earnings Call Transcript
Insteel Industries, Inc. (NYSE:IIIN) Q3 2023 Earnings Conference Call July 20, 2023 10:00 AM ET Company Participants H. Woltz - President & Chief Executive Officer Scot Jafroodi - Vice President, Chi...
Insteel Industries Reports Third Quarter 2023 Results
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced financial results for its third quarter ended July 1, 2023. Third Quarter 2023 Results Net earnings for the thir...