Insteel Industries, Inc. (NASDAQ:IIIN – Free Report) – Stock analysts at Sidoti Csr increased their Q1 2025 EPS estimates for Insteel Industries in a research report issued on Wednesday, October 23rd. Sidoti Csr analyst J. Romero now expects that the industrial products company will earn ($0.03) per share for the quarter, up from their previous estimate of ($0.04). The consensus estimate for Insteel Industries’ current full-year earnings is $0.99 per share. Sidoti Csr also issued estimates for Insteel Industries’ Q2 2025 earnings at $0.24 EPS, Q3 2025 earnings at $0.44 EPS, Q4 2025 earnings at $0.46 EPS, FY2025 earnings at $1.11 EPS, Q2 2026 earnings at $0.59 EPS, Q3 2026 earnings at $0.96 EPS, Q4 2026 earnings at $0.99 EPS and FY2026 earnings at $2.81 EPS.
Separately, StockNews.com raised Insteel Industries from a “hold” rating to a “buy” rating in a research report on Friday, October 18th.
Insteel Industries Stock Down 0.1 %
NASDAQ IIIN opened at $28.43 on Friday. Insteel Industries has a 52 week low of $26.74 and a 52 week high of $39.38. The company has a 50 day moving average price of $31.04 and a 200 day moving average price of $31.80. The firm has a market cap of $553.58 million, a PE ratio of 22.92, a price-to-earnings-growth ratio of 1.21 and a beta of 1.10.
Insteel Industries Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were given a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.42%. The ex-dividend date of this dividend was Friday, September 13th. Insteel Industries’s payout ratio is currently 9.68%.
Institutional Trading of Insteel Industries
Large investors have recently bought and sold shares of the stock. Isthmus Partners LLC grew its holdings in shares of Insteel Industries by 6.8% during the second quarter. Isthmus Partners LLC now owns 104,302 shares of the industrial products company’s stock valued at $32,000 after buying an additional 6,665 shares during the last quarter. nVerses Capital LLC acquired a new position in shares of Insteel Industries in the second quarter valued at about $121,000. Allspring Global Investments Holdings LLC raised its stake in shares of Insteel Industries by 409.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 3,340 shares of the industrial products company’s stock worth $128,000 after purchasing an additional 2,685 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Insteel Industries by 8.3% during the second quarter. The Manufacturers Life Insurance Company now owns 7,631 shares of the industrial products company’s stock worth $236,000 after purchasing an additional 585 shares during the period. Finally, Hantz Financial Services Inc. purchased a new stake in Insteel Industries in the second quarter valued at approximately $270,000. Hedge funds and other institutional investors own 83.27% of the company’s stock.
Insteel Industries Company Profile
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.
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