
Insteel Industries, Inc. (NYSE:IIIN – Free Report) – Stock analysts at Sidoti raised their Q4 2026 earnings per share estimates for Insteel Industries in a report released on Friday, July 17th. Sidoti analyst J. Romero now forecasts that the company will post earnings per share of $0.47 for the quarter, up from their previous forecast of $0.37. The consensus estimate for Insteel Industries’ current full-year earnings is $1.59 per share. Sidoti also issued estimates for Insteel Industries’ Q1 2027 earnings at $0.28 EPS, Q2 2027 earnings at $0.54 EPS, Q3 2027 earnings at $0.79 EPS, Q4 2027 earnings at $0.81 EPS, FY2027 earnings at $2.42 EPS, Q1 2028 earnings at $0.34 EPS, Q2 2028 earnings at $0.62 EPS, Q3 2028 earnings at $0.86 EPS and FY2028 earnings at $2.70 EPS.
Several other equities research analysts have also issued reports on the stock. Zacks Research raised shares of Insteel Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. Wall Street Zen raised shares of Insteel Industries from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Weiss Ratings lowered shares of Insteel Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.
Insteel Industries Trading Down 1.3%
IIIN stock opened at $31.42 on Monday. The firm has a 50-day moving average price of $28.62 and a 200-day moving average price of $31.40. Insteel Industries has a 12 month low of $24.35 and a 12 month high of $39.91. The stock has a market capitalization of $608.33 million, a P/E ratio of 16.89, a price-to-earnings-growth ratio of 1.67 and a beta of 0.52.
Insteel Industries (NYSE:IIIN – Get Free Report) last released its earnings results on Thursday, July 16th. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. The firm had revenue of $197.66 million for the quarter. Insteel Industries had a return on equity of 9.92% and a net margin of 5.14%.During the same quarter in the prior year, the firm earned $0.78 EPS.
Insteel Industries Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Friday, June 12th. Insteel Industries’s dividend payout ratio (DPR) is presently 6.45%.
Institutional Trading of Insteel Industries
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC bought a new position in Insteel Industries in the 3rd quarter valued at approximately $26,000. GAMMA Investing LLC grew its holdings in Insteel Industries by 71.2% during the 2nd quarter. GAMMA Investing LLC now owns 1,998 shares of the company’s stock worth $60,000 after acquiring an additional 831 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in Insteel Industries by 74.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,248 shares of the company’s stock worth $84,000 after acquiring an additional 958 shares during the last quarter. Quarry LP acquired a new position in Insteel Industries in the 3rd quarter valued at approximately $89,000. Finally, Smartleaf Asset Management LLC increased its position in Insteel Industries by 30.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,516 shares of the company’s stock valued at $95,000 after acquiring an additional 583 shares during the period. 83.27% of the stock is currently owned by institutional investors.
Insteel Industries Company Profile
Insteel Industries, Inc is a leading manufacturer of steel wire reinforcing products used in concrete construction. The company specializes in the design, fabrication and distribution of welded-wire reinforcement, cut-and-bent reinforcement and related accessories for concrete walls, floors and columns. Its products are employed across residential, commercial and infrastructure projects, providing structural strength and dimensional stability in poured concrete applications.
Key product lines include truss mats—prefabricated, ladder-like assemblies of welded wire designed for rapid placement—and custom cut-and-bent wire assemblies that meet specific engineering requirements.
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