Insteel Industries, Inc. (IIIN)
| Market Cap | 654.67M |
| Revenue (ttm) | 557.57M |
| Net Income (ttm) | 48.88M |
| Shares Out | 19.35M |
| EPS (ttm) | 2.51 |
| PE Ratio | 13.47 |
| Forward PE | 19.76 |
| Dividend | $0.12 (0.35%) |
| Ex-Dividend Date | Sep 9, 2021 |
| Volume | 96,905 |
| Open | 33.90 |
| Previous Close | 34.59 |
| Day's Range | 33.22 - 34.36 |
| 52-Week Range | 16.75 - 43.96 |
| Beta | 1.66 |
| Analysts | Buy |
| Price Target | 40.00 (+18.3%) |
| Est. Earnings Date | Oct 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...
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 StatementsAnalyst 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.
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...
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 $...
Insteel Industries Announces Third Quarter 2021 Conference Call
MOUNT AIRY, N.C.--(BUSINESS WIRE)--INSTEEL INDUSTRIES ANNOUNCES THIRD QUARTER 2021 CONFERENCE CALL
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.
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...
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...
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.
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...
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.
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
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 ...
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...
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...
Chuck Royce's Firm Trims 3 Positions in November
Small-cap specialist reduces holdings of Insteel Industries, Northrim BanCorp and Perceptron
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 ...
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
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.
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...
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.
Insteel Industries Declares Quarterly Cash Dividend
MOUNT AIRY, N.C., Aug. 18, 2020 /PRNewswire/ -- Insteel Industries, Inc.
Insteel Industries, Inc. (IIIN) CEO H.
Insteel Industries, Inc. (IIIN) CEO H.
Recap: Insteel Industries Q3 Earnings
Shares of Insteel Industries (NASDAQ:IIIN) remained unaffected after the company reported Q3 results.
Insteel Industries Reports Third Quarter 2020 Results
MOUNT AIRY, N.C., July 16, 2020 /PRNewswire/ -- Insteel Industries, Inc.
Why Insteel's Stock Is Trading Lower Today
Insteel Industries (NASDAQ: IIIN) shares are trading lower on Wednesday, after Sidoti & Co.