Insteel Industries Management
Management criteria checks 4/4
Insteel Industries' CEO is Howard Woltz, appointed in Jan 1989, has a tenure of 35.92 years. total yearly compensation is $2.15M, comprised of 32.6% salary and 67.4% bonuses, including company stock and options. directly owns 2.55% of the company’s shares, worth $14.26M. The average tenure of the management team and the board of directors is 4.2 years and 8 years respectively.
Key information
Howard Woltz
Chief executive officer
US$2.1m
Total compensation
| CEO salary percentage | 32.6% |
| CEO tenure | 35.9yrs |
| CEO ownership | 2.6% |
| Management average tenure | 4.2yrs |
| Board average tenure | 8yrs |
Recent management updates
Recent updates
Insteel Industries: Reinforced Steel Play, But Not A Strong Stock
Oct 27Returns At Insteel Industries (NYSE:IIIN) Appear To Be Weighed Down
Sep 06
Insteel Industries, Inc.'s (NYSE:IIIN) Earnings Haven't Escaped The Attention Of Investors
Jul 17Insteel Industries: Knowing When Enough Is Enough
May 22Insteel Industries' (NYSE:IIIN) Conservative Accounting Might Explain Soft Earnings
May 02At US$32.10, Is Insteel Industries, Inc. (NYSE:IIIN) Worth Looking At Closely?
May 01A Look At The Fair Value Of Insteel Industries, Inc. (NYSE:IIIN)
Mar 22Insteel Industries, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Jan 21Insteel Industries: Safe, Why It's Still A Sell
Dec 12At US$36.03, Is Insteel Industries, Inc. (NYSE:IIIN) Worth Looking At Closely?
Dec 06Need To Know: This Analyst Just Made A Substantial Cut To Their Insteel Industries, Inc. (NYSE:IIIN) Estimates
Oct 24Insteel Industries: Monitoring The Leading Construction Indicators Into 2024
Oct 22Calculating The Intrinsic Value Of Insteel Industries, Inc. (NYSE:IIIN)
Oct 19Insteel Industries: Strong Fundamentals But May Face More Headwinds
Jul 06It's Unlikely That Insteel Industries, Inc.'s (NYSE:IIIN) CEO Will See A Huge Pay Rise This Year
Feb 08Insteel Industries: Looks Like A Tough Year Ahead
Jan 25Insteel Q1 2023 Earnings Preview
Jan 18Returns On Capital Are A Standout For Insteel Industries (NYSE:IIIN)
Jan 12Insteel declares $0.03 quarterly and $2.00 special dividend
Nov 15Insteel Industries: Additional Patience Is Required
Nov 07Is There Now An Opportunity In Insteel Industries, Inc. (NYSE:IIIN)?
Oct 26Insteel GAAP EPS of $1.24, revenue of $207.99M
Oct 20Returns on Capital Paint A Bright Future For Insteel Industries (NYSE:IIIN)
Sep 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$19m |
| Jun 29 2024 | n/a | n/a | US$20m |
| Mar 30 2024 | n/a | n/a | US$24m |
| Dec 30 2023 | n/a | n/a | US$22m |
| Sep 30 2023 | US$2m | US$700k | US$32m |
| Jul 01 2023 | n/a | n/a | US$51m |
| Apr 01 2023 | n/a | n/a | US$79m |
| Dec 31 2022 | n/a | n/a | US$113m |
| Oct 01 2022 | US$3m | US$682k | US$125m |
| Jul 02 2022 | n/a | n/a | US$126m |
| Apr 02 2022 | n/a | n/a | US$106m |
| Jan 01 2022 | n/a | n/a | US$82m |
| Oct 02 2021 | US$2m | US$666k | US$67m |
| Jul 03 2021 | n/a | n/a | US$49m |
| Apr 03 2021 | n/a | n/a | US$37m |
| Jan 02 2021 | n/a | n/a | US$27m |
| Oct 03 2020 | n/a | n/a | US$19m |
| Jun 27 2020 | n/a | n/a | US$10m |
| Mar 28 2020 | n/a | n/a | US$5m |
| Dec 28 2019 | n/a | n/a | US$2m |
| Sep 28 2019 | US$2m | US$635k | US$6m |
| Jun 29 2019 | n/a | n/a | US$17m |
| Mar 30 2019 | n/a | n/a | US$27m |
| Dec 29 2018 | n/a | n/a | US$32m |
| Sep 29 2018 | US$2m | US$607k | US$36m |
Compensation vs Market: Howard's total compensation ($USD2.15M) is about average for companies of similar size in the US market ($USD2.25M).
Compensation vs Earnings: Howard's compensation has been consistent with company performance over the past year.
CEO
Howard Woltz (68 yo)
35.9yrs
Tenure
US$2,146,512
Compensation
Mr. Howard Osler Woltz, III, has been the Chief Executive Officer of Insteel Industries, Inc. since 1991 and serves as its President since 1989 and serves as its Chairman since February 10, 2009. Mr. Woltz...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 35.9yrs | US$2.15m | 2.55% $ 14.3m | |
| VP, CFO & Treasurer | 1.9yrs | US$745.73k | 0.21% $ 1.2m | |
| Senior VP & COO | 4.2yrs | US$920.01k | 0.23% $ 1.3m | |
| Senior Vice President of Sourcing & Logistics | 4.2yrs | US$629.76k | 0.029% $ 163.3k | |
| VP of Administration | 1.5yrs | no data | no data |
4.2yrs
Average Tenure
65yo
Average Age
Experienced Management: IIIN's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 38.8yrs | US$2.15m | 2.55% $ 14.3m | |
| Independent Director | 7.3yrs | US$148.39k | 0.15% $ 840.2k | |
| Independent Director | 9.3yrs | US$143.39k | 0.10% $ 565.6k | |
| Independent Lead Director | 38.8yrs | US$148.39k | 0.47% $ 2.6m | |
| Independent Director | 6.7yrs | US$133.39k | 0.085% $ 475.9k | |
| Independent Director | 8.7yrs | US$143.39k | 0.10% $ 577.2k | |
| Independent Director | 5.7yrs | US$133.39k | 0.045% $ 252.5k | |
| Director | no data | no data | no data |
8.0yrs
Average Tenure
68yo
Average Age
Experienced Board: IIIN's board of directors are considered experienced (8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 02:20 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2024/09/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Insteel Industries, Inc. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Hayes | Davenport & Company |
| Tyson Bauer | Kansas City Capital Associates |
| Christopher Olin | Longbow Research LLC |