Insteel Industries (IIIN) Stock Overview
Manufactures and markets steel wire reinforcing products for concrete construction applications. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
IIIN Community Fair Values
Create NarrativeSee what 8 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Insteel Industries Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$29.27 |
| 52 Week High | US$41.64 |
| 52 Week Low | US$24.35 |
| Beta | 0.52 |
| 1 Month Change | 1.32% |
| 3 Month Change | -21.36% |
| 1 Year Change | -26.09% |
| 3 Year Change | -6.19% |
| 5 Year Change | -11.14% |
| Change since IPO | 1,442.75% |
Recent News & Updates
Recent updates
Narrative Update • Jun 26
IIIN: Index Exit And Repriced Earnings Profile Will Support Future Upside
Analysts have revised their price target for Insteel Industries to $37 from $42, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E, which change their view of the stock's risk and earnings profile. What’s in the News for Insteel Industries Insteel Industries Inc.Seeking Alpha • Apr 17
Insteel Industries: Operational Volatility Hits Hard In Fiscal Q2
Summary Insteel Industries faces persistent operational volatility due to unpredictable demand, input costs, and high operating leverage, despite sound management. Fiscal Q2 saw an 8% revenue rise but a 6% volume drop and gross margin contraction to 9.6%, driving a 50% decline in operating income. IIIN's near-term margin risk is elevated as wire rod supply constraints and rising costs temporarily outpace price increases, but infrastructure demand and a non-residential construction recovery offer some support. I estimate IIIN shares are about 20% undervalued, with a fair value near $34, but ongoing macro and margin risks temper the risk/reward profile. Read the full article on Seeking AlphaNarrative Update • Apr 12
IIIN: Share Repurchases And Stable Assumptions Will Support Stronger Future Upside
Analysts have kept their price target for Insteel Industries around $42, with only slight adjustments to inputs such as the discount rate, profit margin, revenue growth assumptions, and future P/E. This reflects fine tuning of their models rather than a major shift in view.Narrative Update • Mar 29
IIIN: Share Repurchases And Steady Assumptions Will Support Stronger Future Upside
Analysts have kept their fair value estimate for Insteel Industries steady at $42.00, with only marginal tweaks to inputs such as the discount rate, long term revenue growth, profit margin, and future P/E assumptions driving this unchanged price target. What's in the News From September 28, 2025 to December 27, 2025, Insteel Industries repurchased 23,905 shares for US$0.74 million, representing 0.12% of its shares.Narrative Update • Mar 14
IIIN: Share Repurchases And Stable Assumptions Will Support Higher Future Share Price
Analysts have modestly revised their price target for Insteel Industries to $42.00, reflecting slightly lower required returns and fine tuned assumptions around revenue growth, profit margins, and future P/E multiples. What's in the News From September 28, 2025 to December 27, 2025, Insteel Industries repurchased 23,905 shares for US$0.74 million, representing 0.12% of shares under its existing buyback program (Key Developments).Narrative Update • Feb 28
IIIN: Ongoing Share Repurchases Will Support Higher Future Share Price
Analysts have reaffirmed their $42.00 price target on Insteel Industries, citing only minimal tweaks to assumptions around discount rate, revenue growth, profit margin, and future P/E that left their overall view of the stock essentially unchanged. What's in the News From September 28, 2025 to December 27, 2025, Insteel Industries repurchased 23,905 shares for US$0.74 million, representing 0.12% of its outstanding shares under an existing buyback program (Key Developments).Narrative Update • Feb 14
IIIN: Share Repurchases Will Support Higher Future Share Price
Analysts have kept their $42.00 price target for Insteel Industries essentially unchanged, reflecting only minor tweaks to assumptions such as discount rate, long term revenue growth, profit margin, and future P/E. These adjustments fine tune, rather than rethink, their view on the stock.Narrative Update • Jan 31
IIIN: Special Dividend And Buybacks Will Support A Higher Share Price
Analysts have modestly adjusted their price target for Insteel Industries to about US$42, reflecting slightly updated assumptions for discount rate, revenue growth, profit margin and future P/E, while keeping their overall fair value view essentially unchanged. What's in the News Insteel Industries updated its share repurchase activity, buying back 23,905 shares for US$0.74 million between September 28, 2025 and December 27, 2025, as part of a program that has totaled 280,509 shares repurchased for US$8.39 million since its announcement on November 18, 2008 (Key Developments).Narrative Update • Jan 17
IIIN: Special Dividend And Buybacks Will Support A Higher Share Price
Analysts now place their price target for Insteel Industries at $42.00, up from $39.00. This reflects updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E expectations.Analysis Article • Nov 15
Insteel Industries (NYSE:IIIN) Is Paying Out A Dividend Of $1.03
Insteel Industries Inc. ( NYSE:IIIN ) will pay a dividend of $1.03 on the 12th of December. This means the annual...Analysis Article • Aug 23
Insteel Industries (NYSE:IIIN) Has Affirmed Its Dividend Of $0.03
The board of Insteel Industries, Inc. ( NYSE:IIIN ) has announced that it will pay a dividend of $0.03 per share on the...Analysis Article • Jul 21
Results: Insteel Industries, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
A week ago, Insteel Industries, Inc. ( NYSE:IIIN ) came out with a strong set of third-quarter numbers that could...Analysis Article • Jun 30
Are Investors Undervaluing Insteel Industries, Inc. (NYSE:IIIN) By 48%?
Key Insights The projected fair value for Insteel Industries is US$71.93 based on 2 Stage Free Cash Flow to Equity...Analysis Article • May 26
Insteel Industries (NYSE:IIIN) Is Due To Pay A Dividend Of $0.03
Insteel Industries, Inc. ( NYSE:IIIN ) will pay a dividend of $0.03 on the 27th of June. This makes the dividend yield...Analysis Article • Apr 27
Why Investors Shouldn't Be Surprised By Insteel Industries, Inc.'s (NYSE:IIIN) 25% Share Price Surge
Insteel Industries, Inc. ( NYSE:IIIN ) shareholders would be excited to see that the share price has had a great month...Analysis Article • Apr 04
Insteel Industries' (NYSE:IIIN) Returns On Capital Are Heading Higher
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...Seeking Alpha • Feb 27
Insteel Industries May Benefit From Section 232 Tariffs
Summary Insteel Industries, Inc. may benefit following the imposition of the Section 232 tariffs on steel & aluminum, which will include downstream steel products. Improved pricing spreads and strong demand for concrete reinforcing products boosted Insteel's gross margin to 7.3% in Q1 '25. Insteel's strong financial position, with $36 million in cash, no debt, and $100mm available in its revolver, provides IIIN with flexibility for future growth through acquisitions. Read the full article on Seeking AlphaSeeking Alpha • Jan 17
Insteel Industries Pops On Positive Results And Bullish Leading Indicators
Summary 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. Leading indicators suggest potential improvement, but current uncertainties justify maintaining a 'hold' rating for Insteel Industries. Read the full article on Seeking AlphaSeeking Alpha • Oct 27
Insteel Industries: Reinforced Steel Play, But Not A Strong Stock
Summary Insteel's long-term performance has been stagnant, with inconsistent value creation despite special dividends and recent M&A activity. The company is the largest US manufacturer of steel wire reinforcing products, primarily serving nonresidential construction with a niche market positioning. Despite ambitions and infrastructure investments, Insteel's revenues have been stagnant, with margins being quite cyclical, limiting capital gains for investors. The recent acquisition of Engineered Wire Products could boost sales and earnings, but the company's cyclical nature and mediocre margins warrant caution. Read the full article on Seeking Alpha
New Narrative • Oct 20
Federal Reserve Cuts And IIJA Stimulus Ignite Construction Growth Potential
Expected rate cuts and infrastructure spending could boost construction demand, enhancing revenue and profit margins.Analysis Article • Sep 06
Returns At Insteel Industries (NYSE:IIIN) Appear To Be Weighed Down
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...Analysis Article • Jul 17
Insteel Industries, Inc.'s (NYSE:IIIN) Earnings Haven't Escaped The Attention Of Investors
With a price-to-earnings (or "P/E") ratio of 26.5x Insteel Industries, Inc. ( NYSE:IIIN ) may be sending bearish...Seeking Alpha • May 22
Insteel Industries: Knowing When Enough Is Enough
Summary Insteel Industries' stock has risen 49.7% despite a decline in revenue, profits, and cash flows. The company's profitability has taken a hit due to a drop in selling prices and shipments of its products. The future outlook for IIIN is uncertain, with weakness in the non-residential construction market likely to impact revenue. All of this makes it a prime candidate for a downgrade. Read the full article on Seeking AlphaAnalysis Article • May 02
Insteel Industries' (NYSE:IIIN) Conservative Accounting Might Explain Soft Earnings
The most recent earnings report from Insteel Industries, Inc. ( NYSE:IIIN ) was disappointing for shareholders. While...Shareholder Returns
| IIIN | US Building | US Market | |
|---|---|---|---|
| 7D | -2.2% | -1.0% | 0.7% |
| 1Y | -26.1% | 5.1% | 20.6% |
Return vs Industry: IIIN underperformed the US Building industry which returned 5.1% over the past year.
Return vs Market: IIIN underperformed the US Market which returned 20.6% over the past year.
Price Volatility
| IIIN volatility | |
|---|---|
| IIIN Average Weekly Movement | 8.1% |
| Building Industry Average Movement | 6.3% |
| Market Average Movement | 7.3% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: IIIN has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: IIIN's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1953 | 1,007 | Howard Woltz | www.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, 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
| IIIN fundamental statistics | |
|---|---|
| Market cap | US$568.81m |
| Earnings (TTM) | US$42.52m |
| Revenue (TTM) | US$689.91m |
13.4x
P/E Ratio0.8x
P/S RatioIs IIIN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IIIN income statement (TTM) | |
|---|---|
| Revenue | US$689.91m |
| Cost of Revenue | US$595.97m |
| Gross Profit | US$93.93m |
| Other Expenses | US$51.41m |
| Earnings | US$42.52m |
Last Reported Earnings
Mar 28, 2026
Next Earnings Date
Jul 16, 2026
| Earnings per share (EPS) | 2.19 |
| Gross Margin | 13.62% |
| Net Profit Margin | 6.16% |
| Debt/Equity Ratio | 0% |
How did IIIN perform over the long term?
See historical performance and comparisonDividends
3.8%
Current Dividend Yield5%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/12 02:09 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/28 |
| Annual Earnings | 2025/09/27 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Insteel Industries Inc. is covered by 2 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 |
|---|---|
| Tyson Bauer | Kansas City Capital Associates |
| Julio Romero | Sidoti & Company, LLC |