Insteel Industries, Inc. (NASDAQ:IIIN – Free Report) – Equities research analysts at Sidoti Csr raised their FY2025 earnings per share estimates for Insteel Industries in a report issued on Tuesday, February 11th. Sidoti Csr analyst J. Romero now expects that the industrial products company will post earnings per share of $1.38 for the year, up from their previous estimate of $1.33. The consensus estimate for Insteel Industries’ current full-year earnings is $1.33 per share. Sidoti Csr also issued estimates for Insteel Industries’ Q4 2025 earnings at $0.51 EPS, Q1 2026 earnings at $0.31 EPS, Q2 2026 earnings at $0.63 EPS, Q3 2026 earnings at $1.01 EPS, Q4 2026 earnings at $1.03 EPS and FY2026 earnings at $2.98 EPS.
Insteel Industries (NASDAQ:IIIN – Get Free Report) last announced its quarterly earnings data on Thursday, January 16th. The industrial products company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.03). The company had revenue of $129.70 million for the quarter, compared to the consensus estimate of $117.45 million. Insteel Industries had a net margin of 3.58% and a return on equity of 5.91%. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.06 EPS.
Check Out Our Latest Stock Report on IIIN
Insteel Industries Stock Performance
Shares of NASDAQ:IIIN opened at $30.47 on Thursday. The firm’s 50 day simple moving average is $27.91 and its 200-day simple moving average is $29.70. Insteel Industries has a one year low of $23.60 and a one year high of $38.40. The firm has a market cap of $591.93 million, a PE ratio of 27.43, a price-to-earnings-growth ratio of 1.77 and a beta of 1.14.
Insteel Industries Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date is Friday, March 14th. Insteel Industries’s dividend payout ratio (DPR) is presently 12.12%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Point72 Asset Management L.P. bought a new stake in shares of Insteel Industries in the 3rd quarter valued at about $34,000. Point72 DIFC Ltd purchased a new position in Insteel Industries during the third quarter valued at approximately $37,000. Smartleaf Asset Management LLC increased its holdings in Insteel Industries by 535.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,970 shares of the industrial products company’s stock valued at $53,000 after buying an additional 1,660 shares during the period. Nisa Investment Advisors LLC raised its stake in Insteel Industries by 3,568.6% in the fourth quarter. Nisa Investment Advisors LLC now owns 2,568 shares of the industrial products company’s stock worth $69,000 after buying an additional 2,498 shares in the last quarter. Finally, AlphaQuest LLC purchased a new stake in Insteel Industries during the fourth quarter worth $83,000. 83.27% of the stock is currently owned by institutional investors.
About Insteel Industries
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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