Insteel Industries, Inc. (IIIN)

NYSE: IIIN · Real-Time Price · USD
29.77
+0.26 (0.88%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.88%
Market Cap 579.09M
Revenue (ttm) 529.20M
Net Income (ttm) 19.31M
Shares Out 19.45M
EPS (ttm) 0.99
PE Ratio 30.07
Forward PE 23.72
Dividend $0.12 (0.40%)
Ex-Dividend Date Sep 13, 2024
Volume 77,925
Open 29.42
Previous Close 29.51
Day's Range 29.42 - 29.95
52-Week Range 26.74 - 39.38
Beta 1.09
Analysts n/a
Price Target n/a
Earnings Date Oct 17, 2024

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]

Sector Industrials
Founded 1953
Employees 929
Stock Exchange NYSE
Ticker Symbol IIIN
Full Company Profile

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 Statements

News

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 ...

2 days ago - Business Wire

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...

8 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Seeking Alpha

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...

5 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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 ...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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 ...

Other symbols: HPE
5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

7 months ago - Seeking Alpha

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...

7 months ago - Business Wire

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 ...

8 months ago - Business Wire

Insteel Industries, Inc. (IIIN) Q1 2024 Earnings Call Transcript

Insteel Industries, Inc. (IIIN) Q1 2024 Earnings Call Transcript

10 months ago - Seeking Alpha

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...

10 months ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - Seeking Alpha

Insteel Industries, Inc. (IIIN) Q4 2023 Earnings Call Transcript

Insteel Industries, Inc. (IIIN) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Seeking Alpha

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...

1 year ago - Business Wire

Insteel Industries Announces Third Quarter 2023 Conference Call

MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its third quarter 2023 earnings conference call will be webcast live over the internet on Thursday, July 20...

1 year ago - Business Wire

Rates Have Risen. Here Are 5 Stocks With Little Debt

Thanks to Jerome Powell and his crew at the Federal Reserve, interest rates are about five percentage points higher than they were a year ago. For stock pickers, that means that debt once again matter...

Other symbols: CALMCFRMRNATER
1 year ago - GuruFocus