Insteel Industries, Inc. (IIIN)

NYSE: IIIN · IEX Real-Time Price · USD
33.97
+0.52 (1.55%)
Jun 24, 2022 4:00 PM EDT - Market closed
1.55%
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...]

Industry Building Products
Founded 1953
CEO H. Woltz
Employees 913
Stock Exchange NYSE
Ticker Symbol IIIN
Full Company Profile

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 Statements

Analyst 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.

Price Target
$56.61
(66.65% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

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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...

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We've seen big tech rule the markets for a while, but now quality small-caps stocks are likely to begin stealing the headlines. The post 7 Excellent Small-Cap Stocks to Buy Before 2022 appeared first on...

Other symbols: ATENGAINIRMDNMMPERIRYI

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

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Other symbols: ATCXBLDRBWENCATMWAVMC

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.

Other symbols: ICE

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

Other symbols: NRIM

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.