Q4 EPS Estimates for Insteel Industries Lifted by Sidoti

Insteel Industries, Inc. (NYSE:IIINFree Report) – Research analysts at Sidoti raised their Q4 2026 earnings per share (EPS) estimates for shares of Insteel Industries in a research report issued on Friday, July 17th. Sidoti analyst J. Romero now forecasts that the company will post earnings of $0.47 per share for the quarter, up from their previous forecast of $0.37. The consensus estimate for Insteel Industries’ current full-year earnings is $1.32 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 research firms have also recently weighed in on IIIN. Wall Street Zen upgraded shares of Insteel Industries from a “sell” rating to a “hold” rating in a report on Saturday. Zacks Research upgraded shares of Insteel Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 16th. Finally, Weiss Ratings cut shares of Insteel Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, April 22nd. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on IIIN

Insteel Industries Stock Performance

Shares of IIIN stock opened at $31.06 on Monday. Insteel Industries has a 52 week low of $24.35 and a 52 week high of $39.91. The company’s 50 day moving average price is $28.42 and its two-hundred day moving average price is $31.41. The company has a market capitalization of $601.30 million, a P/E ratio of 16.70, a price-to-earnings-growth ratio of 1.96 and a beta of 0.52.

Insteel Industries (NYSE:IIINGet Free Report) last posted its earnings results on Thursday, July 16th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.01. Insteel Industries had a return on equity of 9.92% and a net margin of 5.14%.The business had revenue of $197.66 million during the quarter. During the same period in the previous year, the company posted $0.78 earnings per share.

Hedge Funds Weigh In On Insteel Industries

Large investors have recently bought and sold shares of the company. Advisory Services Network LLC acquired a new stake in shares of Insteel Industries in the third quarter valued at approximately $26,000. GAMMA Investing LLC lifted its position in shares of Insteel Industries by 71.2% in the second quarter. GAMMA Investing LLC now owns 1,998 shares of the company’s stock worth $60,000 after purchasing an additional 831 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Insteel Industries by 74.3% during the second quarter. BNP Paribas Financial Markets now owns 2,248 shares of the company’s stock worth $84,000 after purchasing an additional 958 shares during the last quarter. Quarry LP acquired a new position in Insteel Industries during the third quarter worth $89,000. Finally, Smartleaf Asset Management LLC boosted its holdings in Insteel Industries by 30.2% during the second quarter. Smartleaf Asset Management LLC now owns 2,516 shares of the company’s stock worth $95,000 after purchasing an additional 583 shares during the last quarter. Institutional investors and hedge funds own 83.27% of the company’s stock.

Insteel Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were paid a $0.03 dividend. The ex-dividend date was Friday, June 12th. This represents a $0.12 annualized dividend and a yield of 0.4%. Insteel Industries’s payout ratio is presently 6.45%.

Insteel Industries News Roundup

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

Insteel Industries Company Profile

(Get Free Report)

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.

Read More

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

Receive News & Ratings for Insteel Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Insteel Industries and related companies with MarketBeat.com's FREE daily email newsletter.