company background image
IIIN logo

Insteel Industries NYSE:IIIN Stock Report

Last Price

US$32.87

Market Cap

US$640.1m

7D

2.6%

1Y

4.5%

Updated

02 Jun, 2024

Data

Company Financials +

Insteel Industries, Inc.

NYSE:IIIN Stock Report

Market Cap: US$640.1m

IIIN Stock Overview

Manufactures and markets steel wire reinforcing products for concrete construction applications.

IIIN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends0/6

Insteel Industries, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Insteel Industries
Historical stock prices
Current Share PriceUS$32.87
52 Week HighUS$39.38
52 Week LowUS$26.87
Beta1.15
1 Month Change-0.57%
3 Month Change-7.49%
1 Year Change4.52%
3 Year Change-1.70%
5 Year Change74.65%
Change since IPO1,632.50%

Recent News & Updates

Insteel Industries: Knowing When Enough Is Enough

May 22

Insteel Industries' (NYSE:IIIN) Conservative Accounting Might Explain Soft Earnings

May 02
Insteel Industries' (NYSE:IIIN) Conservative Accounting Might Explain Soft Earnings

At US$32.10, Is Insteel Industries, Inc. (NYSE:IIIN) Worth Looking At Closely?

May 01
At US$32.10, Is Insteel Industries, Inc. (NYSE:IIIN) Worth Looking At Closely?

Recent updates

Insteel Industries: Knowing When Enough Is Enough

May 22

Insteel Industries' (NYSE:IIIN) Conservative Accounting Might Explain Soft Earnings

May 02
Insteel Industries' (NYSE:IIIN) Conservative Accounting Might Explain Soft Earnings

At US$32.10, Is Insteel Industries, Inc. (NYSE:IIIN) Worth Looking At Closely?

May 01
At US$32.10, Is Insteel Industries, Inc. (NYSE:IIIN) Worth Looking At Closely?

A Look At The Fair Value Of Insteel Industries, Inc. (NYSE:IIIN)

Mar 22
A Look At The Fair Value Of Insteel Industries, Inc. (NYSE:IIIN)

Insteel Industries, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Jan 21
Insteel Industries, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Insteel Industries: Safe, Why It's Still A Sell

Dec 12

At US$36.03, Is Insteel Industries, Inc. (NYSE:IIIN) Worth Looking At Closely?

Dec 06
At US$36.03, Is Insteel Industries, Inc. (NYSE:IIIN) Worth Looking At Closely?

Need To Know: This Analyst Just Made A Substantial Cut To Their Insteel Industries, Inc. (NYSE:IIIN) Estimates

Oct 24
Need To Know: This Analyst Just Made A Substantial Cut To Their Insteel Industries, Inc. (NYSE:IIIN) Estimates

Insteel Industries: Monitoring The Leading Construction Indicators Into 2024

Oct 22

Calculating The Intrinsic Value Of Insteel Industries, Inc. (NYSE:IIIN)

Oct 19
Calculating The Intrinsic Value Of Insteel Industries, Inc. (NYSE:IIIN)

Insteel Industries: Strong Fundamentals But May Face More Headwinds

Jul 06

It's Unlikely That Insteel Industries, Inc.'s (NYSE:IIIN) CEO Will See A Huge Pay Rise This Year

Feb 08
It's Unlikely That Insteel Industries, Inc.'s (NYSE:IIIN) CEO Will See A Huge Pay Rise This Year

Insteel Industries: Looks Like A Tough Year Ahead

Jan 25

Insteel Q1 2023 Earnings Preview

Jan 18

Returns On Capital Are A Standout For Insteel Industries (NYSE:IIIN)

Jan 12
Returns On Capital Are A Standout For Insteel Industries (NYSE:IIIN)

Insteel declares $0.03 quarterly and $2.00 special dividend

Nov 15

Insteel Industries: Additional Patience Is Required

Nov 07

Is There Now An Opportunity In Insteel Industries, Inc. (NYSE:IIIN)?

Oct 26
Is There Now An Opportunity In Insteel Industries, Inc. (NYSE:IIIN)?

Insteel GAAP EPS of $1.24, revenue of $207.99M

Oct 20

Returns on Capital Paint A Bright Future For Insteel Industries (NYSE:IIIN)

Sep 02
Returns on Capital Paint A Bright Future For Insteel Industries (NYSE:IIIN)

Insteel declares $0.03 dividend

Aug 30

Insteel Industries: Cheap Enough To Be Worth The Risk

Aug 02

Insteel GAAP EPS of $1.96, revenue of $227.2M

Jul 21

With EPS Growth And More, Insteel Industries (NYSE:IIIN) Makes An Interesting Case

Jul 20
With EPS Growth And More, Insteel Industries (NYSE:IIIN) Makes An Interesting Case

When Should You Buy Insteel Industries, Inc. (NYSE:IIIN)?

May 25
When Should You Buy Insteel Industries, Inc. (NYSE:IIIN)?

Is There An Opportunity With Insteel Industries, Inc.'s (NYSE:IIIN) 38% Undervaluation?

May 04
Is There An Opportunity With Insteel Industries, Inc.'s (NYSE:IIIN) 38% Undervaluation?

Shareholder Returns

IIINUS BuildingUS Market
7D2.6%-2.4%-0.6%
1Y4.5%47.3%22.2%

Return vs Industry: IIIN underperformed the US Building industry which returned 47.3% over the past year.

Return vs Market: IIIN underperformed the US Market which returned 22.3% over the past year.

Price Volatility

Is IIIN's price volatile compared to industry and market?
IIIN volatility
IIIN Average Weekly Movement4.6%
Building Industry Average Movement3.9%
Market Average Movement5.8%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.9%

Stable Share Price: IIIN has not had significant price volatility in the past 3 months.

Volatility Over Time: IIIN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1953884Howard Woltzwww.insteel.com

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.

Insteel Industries, Inc. Fundamentals Summary

How do Insteel Industries's earnings and revenue compare to its market cap?
IIIN fundamental statistics
Market capUS$640.15m
Earnings (TTM)US$24.26m
Revenue (TTM)US$572.36m

26.4x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IIIN income statement (TTM)
RevenueUS$572.36m
Cost of RevenueUS$516.02m
Gross ProfitUS$56.34m
Other ExpensesUS$32.07m
EarningsUS$24.26m

Last Reported Earnings

Mar 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.25
Gross Margin9.84%
Net Profit Margin4.24%
Debt/Equity Ratio0%

How did IIIN perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

10%

Payout Ratio

Does IIIN pay a reliable dividends?

See IIIN dividend history and benchmarks
When do you need to buy IIIN by to receive an upcoming dividend?
Insteel Industries dividend dates
Ex Dividend DateJun 14 2024
Dividend Pay DateJun 28 2024
Days until Ex dividend11 days
Days until Dividend pay date25 days

Does IIIN pay a reliable dividends?

See IIIN dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.