Insteel Industries, Inc. (IIIN)
| Market Cap | 660.35M |
| Revenue (ttm) | 723.67M |
| Net Income (ttm) | 105.69M |
| Shares Out | 19.44M |
| EPS (ttm) | 5.40 |
| PE Ratio | 6.29 |
| Forward PE | 19.76 |
| Dividend | $2.12 (6.24%) |
| Ex-Dividend Date | Jun 9, 2022 |
| Volume | 608,193 |
| Open | 33.66 |
| Previous Close | 33.45 |
| Day's Range | 33.60 - 35.13 |
| 52-Week Range | 31.27 - 47.70 |
| Beta | 1.19 |
| Analysts | Buy |
| Price Target | 56.61 (+66.6%) |
| Earnings Date | Jul 21, 2022 |
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 2021, IIIN's revenue was $590.60 million, an increase of 24.96% compared to the previous year's $472.62 million. Earnings were $66.61 million, an increase of 250.41%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for IIIN stock is "Buy." The 12-month stock price forecast is 56.61, which is an increase of 66.65% from the latest price.
News
Insteel Industries Announces Third Quarter 2022 Conference Call
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its third quarter 2022 earnings conference call will be webcast live over the internet on Thursday, July 21, ...
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 payable ...
Insteel Industries Reports Second Quarter 2022 Results
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced financial results for its second quarter ended April 2, 2022. Second Quarter 2022 Results For the second quarter o...
Insteel Industries Announces Second Quarter 2022 Conference Call
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its second quarter 2022 earnings conference call will be webcast live over the internet on Thursday, April 21...
Insteel Industries Reports First Quarter 2022 Results
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced financial results for its first quarter ended January 1, 2022. First Quarter 2022 Results For the first quarter of...
Insteel Industries Announces First Quarter 2022 Conference Call
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced that its first quarter 2022 earnings conference call will be webcast live over the internet on Thursday, January 2...
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 divid...
Insteel Industries Reports Fourth Quarter and Fiscal 2021 Results
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) today announced record financial results for its fourth quarter and fiscal year ended October 2, 2021. Fourth Quarter 2021 Results...
Insteel Industries Announces Fourth Quarter 2021 Conference Call
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Announces Fourth Quarter 2021 Conference Call
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
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: 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
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...
Recap: Insteel Industries Q3 Earnings
Shares of Insteel Industries (NASDAQ:IIIN) remained unaffected after the company reported Q3 results.