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Insteel Industries, Inc. (IIIN)

NYSE: IIIN · Delayed Price · USD
33.11
-0.71 (-2.10%)
Pre-market:Sep 21, 2021 7:00 AM EDT
33.82
-0.77 (-2.23%)
At close: Sep 20, 4:00 PM
Market Cap654.67M
Revenue (ttm)557.57M
Net Income (ttm)48.88M
Shares Out19.35M
EPS (ttm)2.51
PE Ratio13.47
Forward PE19.76
Dividend$0.12 (0.35%)
Ex-Dividend DateSep 9, 2021
Volume96,905
Open33.90
Previous Close34.59
Day's Range33.22 - 34.36
52-Week Range16.75 - 43.96
Beta1.66
AnalystsBuy
Price Target40.00 (+18.3%)
Est. Earnings DateOct 21, 2021

About IIIN

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers pre-stressed 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 nonresiden...

IndustryBuilding Products
Founded1953
CEOH. Woltz
Employees881
Stock ExchangeNYSE
Ticker SymbolIIIN
Full Company Profile

Financial Performance

In 2020, IIIN's revenue was $472.62 million, an increase of 3.71% compared to the previous year's $455.71 million. Earnings were $19.01 million, an increase of 239.57%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for IIIN stock is "Buy." The 12-month stock price forecast is 40.00, which is an increase of 18.27% from the latest price.

Price Target
$40.00
(18.27% upside)
Analyst Consensus: Buy

News

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 quarterly cash dividend of $0.03 per share on the Company's common stock pa...

1 month ago - Business Wire

7 Infrastructure Stocks to Buy Before They Get a Biden Bill Boost

Infrastructure stocks are set for a boom as $1 trillion of money hits the sector. Here are seven to have on your radar today.

Other symbols:ATCXBLDRBWENCATMWAVMC
1 month ago - InvestorPlace

Insteel Industries Reports Third Quarter 2021 Results

MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced financial results for its third quarter ended July 3, 2021. Third Quarter 2021 Results Net earnings increased to $...

1 month ago - Business Wire

Insteel Industries Announces Third Quarter 2021 Conference Call

MOUNT AIRY, N.C.--(BUSINESS WIRE)--INSTEEL INDUSTRIES ANNOUNCES THIRD QUARTER 2021 CONFERENCE CALL

2 months ago - Business Wire

Buy the Dip on This Slumping Steel Stock?

Insteel Industries, Inc. (NYSE:IIIN) is an American manufacturer of steel wire reinforcing products for concrete construction applications.

2 months ago - Schaeffers Research

Insteel Industries Declares Quarterly Cash Dividend

MOUNT AIRY, N.C., May 18, 2021 /PRNewswire/ -- Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a quarterly cash dividend of $0.03 per share on the Company's com...

4 months ago - PRNewsWire

Insteel Industries: Q2 Earnings Insights

Shares of Insteel Indus (NYSE:IIIN) fell 0.5% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 216.67% year over year to $0.76, which beat the es...

4 months ago - Benzinga

Insteel Industries Reports Second Quarter 2021 Results

MOUNT AIRY, N.C., April 22, 2021 /PRNewswire/ -- Insteel Industries Inc. (NYSE: IIIN) today announced financial results for its second quarter ended April 3, 2021.

4 months ago - PRNewsWire

Insteel Industries Announces Second Quarter 2021 Conference Call

MOUNT AIRY, N.C., March 22, 2021 /PRNewswire/ -- Insteel Industries, Inc. (NYSE: IIIN) today announced that its second quarter 2021 earnings conference call will be webcast live over the internet on Thu...

5 months ago - PRNewsWire

Insteel Industries Completes Listing Transfer to the New York Stock Exchange

NEW YORK--(BUSINESS WIRE)--Insteel Industries, Inc. has completed its listing transfer and will begin trading today as an NYSE-listed company.

Other symbols:ICE
6 months ago - Business Wire

Insteel Industries, Inc. (IIIN) CEO H. Woltz on Q1 2021 Results - Earnings Call Transcript

Insteel Industries, Inc. (IIIN) CEO H. Woltz on Q1 2021 Results - Earnings Call Transcript

7 months ago - Seeking Alpha

Insteel Industries: Q1 Earnings Insights

Shares of Insteel Industries (NASDAQ:IIIN) remained unaffected after the company reported Q1 results. Quarterly Results Earnings per share increased 1400.00% over the past year to $0.45, which beat the ...

7 months ago - Benzinga

Insteel Industries Reports First Quarter 2021 Results

MOUNT AIRY, N.C., Jan. 21, 2021 /PRNewswire/ -- Insteel Industries, Inc. (NasdaqGS: IIIN) today announced financial results for its first quarter ended January 2, 2021. First Quarter 2021 Results Instee...

8 months ago - PRNewsWire

Insteel Industries Announces First Quarter 2021 Conference Call

MOUNT AIRY, N.C., Dec. 21, 2020 /PRNewswire/ -- Insteel Industries, Inc. (NasdaqGS: IIIN) today announced that its first quarter 2021 earnings conference call will be webcast live over the internet on T...

8 months ago - PRNewsWire

Chuck Royce's Firm Trims 3 Positions in November

Small-cap specialist reduces holdings of Insteel Industries, Northrim BanCorp and Perceptron

Other symbols:NRIM
9 months ago - GuruFocus

Insteel Industries Declares Regular Quarterly And Special Cash Dividends

MOUNT AIRY, N.C., Nov. 17, 2020 /PRNewswire/ -- Insteel Industries, Inc. (NasdaqGS: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share and a ...

10 months ago - PRNewsWire

Insteel Industries, Inc. (IIIN) CEO H. Woltz on Q4 2020 Results - Earnings Call Transcript

Insteel Industries, Inc. (IIIN) CEO H. Woltz on Q4 2020 Results - Earnings Call Transcript

10 months ago - Seeking Alpha

Recap: Insteel Industries Q4 Earnings

Shares of Insteel Indus (NASDAQ:IIIN) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share increased 533.33% year over year to $0.39, which beat the estimate of $0.24.

10 months ago - Benzinga

Insteel Industries Reports Fourth Quarter And Fiscal 2020 Results

MOUNT AIRY, N.C., Oct. 22, 2020 /PRNewswire/ -- Insteel Industries, Inc. (NasdaqGS: IIIN) today announced financial results for its fourth quarter and fiscal year ended October 3, 2020. Fourth Quarter 2...

10 months ago - PRNewsWire

Import Competition Remains Fierce, But Insteel Is Worth A Look

Insteel has continued to absorb the impact of pricing pressure from imports, with ASPs down double-digits in the last two quarters, but lower import costs are driving gross/operating margin leverage.

1 year ago - Seeking Alpha

Insteel Industries Declares Quarterly Cash Dividend

MOUNT AIRY, N.C., Aug. 18, 2020 /PRNewswire/ -- Insteel Industries, Inc.

1 year ago - PRNewsWire

Insteel Industries, Inc. (IIIN) CEO H.

Insteel Industries, Inc. (IIIN) CEO H.

1 year ago - Seeking Alpha

Recap: Insteel Industries Q3 Earnings

Shares of Insteel Industries (NASDAQ:IIIN) remained unaffected after the company reported Q3 results.

1 year ago - Benzinga

Insteel Industries Reports Third Quarter 2020 Results

MOUNT AIRY, N.C., July 16, 2020 /PRNewswire/ -- Insteel Industries, Inc.

1 year ago - PRNewsWire

Why Insteel's Stock Is Trading Lower Today

Insteel Industries (NASDAQ: IIIN) shares are trading lower on Wednesday, after Sidoti & Co.

1 year ago - Benzinga