Insteel Industries/$IIIN

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About Insteel Industries

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.

Ticker

$IIIN

Primary listing

NYSE

Employees

929

IIIN Metrics

BasicAdvanced
$750M
24.31
$1.59
0.67
$1.12
0.31%

What the Analysts think about IIIN

Analyst ratings (Buy, Hold, Sell) for Insteel Industries stock.

Bulls say / Bears say

As of June 2, 2025, Insteel has a solid balance sheet with $28.42 million in cash and just $3.49 million in debt, highlighting very low leverage and strong liquidity to support growth initiatives. (Forbes)
U.S. government initiatives, including calls to reinforce trade barriers against Chinese steel imports under Section 421, are strengthening domestic steel producers’ pricing power, which could benefit Insteel’s downstream wire reinforcement businesses. (Reuters)
Strategic acquisitions of Engineered Wire Products in October 2024 and O’Brien Wire Products in November 2024 have expanded Insteel’s product lines and geographic coverage, aiding volume growth and market penetration. (Nasdaq.com)
Insteel’s fourth-quarter 2024 net sales dropped 6.6% compared to the prior year, while average selling prices decreased 12.9%, as aggressive pricing from cheaper imports squeezed margins. (Investing.com)
Elevated scrap prices are expected to lead to higher raw material surcharges for steel products, increasing manufacturing costs and reducing margins for companies like Insteel. (Reuters)
Insteel shares trade at a forward 12-month P/E of 13.6× versus the industry average of 10.99×, leaving the stock exposed to potential valuation-related pullbacks if the market turns lower. (Nasdaq.com)
Data summarised monthly by Lightyear AI. Last updated on 30 Aug 2025.

IIIN Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

IIIN Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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Insteel Industries
DividendPayment
$0.03Per share
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