IIIN icon

Insteel Industries

29.17 USD
-0.78
2.60%
At close Feb 21, 4:00 PM EST
1 day
-2.60%
5 days
-5.87%
1 month
5.27%
3 months
-3.12%
6 months
-11.55%
Year to date
11.21%
1 year
-16.39%
5 years
30.69%
10 years
35.05%
 

About: Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.

Employees: 929

0
Funds holding %
of 7,139 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

85% more call options, than puts

Call options by funds: $126K | Put options by funds: $68K

0.82% more ownership

Funds ownership: 82.4% [Q3] → 83.22% (+0.82%) [Q4]

0% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 55

5% less funds holding

Funds holding: 152 [Q3] → 145 (-7) [Q4]

12% less capital invested

Capital invested by funds: $498M [Q3] → $440M (-$58.2M) [Q4]

17% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 24

Research analyst outlook

We haven’t received any recent analyst ratings for IIIN.

Financial journalist opinion

Based on 3 articles about IIIN published over the past 30 days

Neutral
Business Wire
1 week ago
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 on March 28, 2025, to shareholders of record as of March 14, 2025. About Insteel Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, incl.
Insteel Industries Declares Quarterly Cash Dividend
Positive
Zacks Investment Research
1 week ago
Is Insteel Industries (IIIN) Outperforming Other Industrial Products Stocks This Year?
Here is how Insteel Industries (IIIN) and Life360 (LIF) have performed compared to their sector so far this year.
Is Insteel Industries (IIIN) Outperforming Other Industrial Products Stocks This Year?
Positive
Zacks Investment Research
2 weeks ago
Is Insteel Industries (IIIN) a Solid Growth Stock? 3 Reasons to Think "Yes"
Insteel Industries (IIIN) could produce exceptional returns because of its solid growth attributes.
Is Insteel Industries (IIIN) a Solid Growth Stock? 3 Reasons to Think "Yes"
Positive
Zacks Investment Research
1 month ago
Insteel Industries (IIIN) is an Incredible Growth Stock: 3 Reasons Why
Insteel Industries (IIIN) possesses solid growth attributes, which could help it handily outperform the market.
Insteel Industries (IIIN) is an Incredible Growth Stock: 3 Reasons Why
Positive
Seeking Alpha
1 month ago
As Infrastructure Spending Grows And Construction Recovers, So Too Should Insteel Industries (Rating Upgrade)
Insteel saw ongoing pressures in FQ1'25, with weak sequential volume and limited price improvement as well as ongoing pressure on gross margin. Despite current margin pressures from import competition and weak volumes (operating deleverage), Insteel's strong management and vital products position it well for that future recovery. Insteel Industries faces cyclical challenges but offers significant upside potential with improving infrastructure and construction demand expected to drive growth by late 2025.
As Infrastructure Spending Grows And Construction Recovers, So Too Should Insteel Industries (Rating Upgrade)
Neutral
Seeking Alpha
1 month ago
Insteel Industries Pops On Positive Results And Bullish Leading Indicators
Insteel Industries, Inc.'s Q1 2025 results exceeded revenue expectations and matched EPS estimates, leading to a 3% stock rise, but challenges remain. Despite past gains, recent performance has been weaker, with shares down 13.9% since my downgrade to 'hold' in May 2024. Revenue growth was driven by acquisitions and increased shipments, but competitive pricing pressures and lower raw material costs continue to impact margins.
Insteel Industries Pops On Positive Results And Bullish Leading Indicators
Neutral
Seeking Alpha
1 month ago
Insteel Industries, Inc. (IIIN) Q1 2025 Earnings Call Transcript
Insteel Industries, Inc. (NYSE:IIIN ) Q1 2025 Earnings Conference Call January 16, 2025 10:00 AM ET Company Participants H.O. Woltz III - President and Chief Executive Officer Scot Jafroodi - Vice President, Chief Financial Officer and Treasurer Conference Call Participants Julio Romero - Sidoti & Company Tyson Bauer - KC Capital Operator Good morning, and thank you for joining the Insteel Industries First Quarter 2025 Earnings Call.
Insteel Industries, Inc. (IIIN) Q1 2025 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Insteel Industries (IIIN) Surpasses Q1 Earnings and Revenue Estimates
Insteel Industries (IIIN) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to earnings of $0.06 per share a year ago.
Insteel Industries (IIIN) Surpasses Q1 Earnings and Revenue Estimates
Neutral
Business Wire
1 month ago
Insteel Industries Reports First Quarter 2025 Results
MOUNT AIRY, N.C.--(BUSINESS WIRE)--Insteel Industries Inc. (NYSE: IIIN) (“Insteel” or the “Company”), the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, today reported financial results for its first quarter of fiscal 2025, ended December 28, 2024. First Quarter 2025 Highlights Executed and integrated two acquisitions, strengthening our competitive position Payment of special cash dividend totaling $19.4 million, or $1.00 per.
Insteel Industries Reports First Quarter 2025 Results
Positive
Zacks Investment Research
2 months ago
New Strong Buy Stocks for December 20th
LTM, VNCE, IIIN, REVG and MKTAY have been added to the Zacks Rank #1 (Strong Buy) List on December 20, 2024.
New Strong Buy Stocks for December 20th
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