Q2 EPS Estimates for Insteel Industries Lifted by Sidoti Csr

Insteel Industries, Inc. (NASDAQ:IIINFree Report) – Stock analysts at Sidoti Csr increased their Q2 2026 earnings per share (EPS) estimates for shares of Insteel Industries in a research report issued on Friday, January 16th. Sidoti Csr analyst J. Romero now expects that the industrial products company will earn $0.80 per share for the quarter, up from their prior forecast of $0.71. The consensus estimate for Insteel Industries’ current full-year earnings is $1.38 per share. Sidoti Csr also issued estimates for Insteel Industries’ Q3 2026 earnings at $0.93 EPS, Q4 2026 earnings at $0.92 EPS, FY2026 earnings at $3.04 EPS, Q3 2027 earnings at $0.98 EPS and Q4 2027 earnings at $1.00 EPS.

Insteel Industries Price Performance

Insteel Industries stock opened at $34.21 on Monday. The company has a market cap of $663.52 million, a price-to-earnings ratio of 34.55, a price-to-earnings-growth ratio of 1.81 and a beta of 0.81. Insteel Industries has a 12 month low of $22.49 and a 12 month high of $41.64. The stock’s 50-day moving average is $32.03 and its 200-day moving average is $34.95.

Insteel Industries (NASDAQ:IIINGet Free Report) last issued its earnings results on Thursday, January 15th. The industrial products company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.06. Insteel Industries had a return on equity of 5.91% and a net margin of 3.58%.During the same period in the previous year, the company earned $0.06 EPS. The firm’s revenue was up 23.3% compared to the same quarter last year.

Insteel Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Friday, November 28th were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 11.7%. The ex-dividend date of this dividend was Friday, November 28th. Insteel Industries’s payout ratio is 4.94%.

Institutional Investors Weigh In On Insteel Industries

Several large investors have recently made changes to their positions in the business. Advisory Services Network LLC acquired a new stake in Insteel Industries in the 3rd quarter valued at $26,000. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Insteel Industries during the 2nd quarter valued at about $60,000. BNP Paribas Financial Markets lifted its position in Insteel Industries by 74.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,248 shares of the industrial products company’s stock worth $84,000 after acquiring an additional 958 shares in the last quarter. Quarry LP purchased a new position in Insteel Industries in the 3rd quarter worth approximately $89,000. Finally, Smartleaf Asset Management LLC grew its position in Insteel Industries by 30.2% in the second quarter. Smartleaf Asset Management LLC now owns 2,516 shares of the industrial products company’s stock valued at $95,000 after acquiring an additional 583 shares in the last quarter. Institutional investors and hedge funds own 83.27% of the company’s stock.

Insteel Industries News Roundup

Here are the key news stories impacting Insteel Industries this week:

About Insteel Industries

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Insteel Industries, Inc is a leading U.S. manufacturer of fabricated steel wire reinforcing products used in concrete construction. Headquartered in Mount Airy, North Carolina, the company specializes in the production of welded wire reinforcing mesh, steel wire chairs and supports, and various accessories designed to improve the strength and durability of residential, commercial and infrastructure concrete projects. Insteel’s products are engineered to meet industry specifications for load‐bearing capacity, corrosion resistance and ease of installation.

The company operates multiple manufacturing facilities across the United States, employing automated welding and forming processes to ensure consistent product quality and efficient throughput.

Further Reading

Earnings History and Estimates for Insteel Industries (NASDAQ:IIIN)

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