Q1 EPS Estimate for Insteel Industries Boosted by Analyst

Insteel Industries, Inc. (NASDAQ:IIIN) – Stock analysts at Sidoti Csr upped their Q1 2025 EPS estimates for Insteel Industries in a research note issued on Wednesday, October 23rd. Sidoti Csr analyst J. Romero now forecasts that the industrial products company will post earnings of ($0.03) per share for the quarter, up from their prior estimate of ($0.04). The consensus estimate for Insteel Industries’ current full-year earnings is $1.02 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 downgraded Insteel Industries from a “buy” rating to a “hold” rating in a research report on Saturday.

Insteel Industries Stock Performance

Shares of IIIN opened at $27.82 on Friday. The stock has a market capitalization of $540.82 million, a price-to-earnings ratio of 27.34, a PEG ratio of 2.21 and a beta of 1.10. Insteel Industries has a 52 week low of $26.74 and a 52 week high of $39.38. The stock has a fifty day moving average of $30.95 and a 200-day moving average of $31.71.

Insteel Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were given a dividend of $0.03 per share. The ex-dividend date was Friday, September 13th. This represents a $0.12 annualized dividend and a yield of 0.43%. Insteel Industries’s dividend payout ratio is presently 12.12%.

Hedge Funds Weigh In On Insteel Industries

A number of hedge funds have recently modified their holdings of the business. Wellington Management Group LLP increased its stake in shares of Insteel Industries by 4.7% in the fourth quarter. Wellington Management Group LLP now owns 76,942 shares of the industrial products company’s stock valued at $2,946,000 after buying an additional 3,459 shares during the period. Allspring Global Investments Holdings LLC increased its position in Insteel Industries by 409.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,340 shares of the industrial products company’s stock valued at $128,000 after purchasing an additional 2,685 shares during the period. Principal Financial Group Inc. lifted its position in shares of Insteel Industries by 1.2% in the 1st quarter. Principal Financial Group Inc. now owns 108,185 shares of the industrial products company’s stock worth $4,135,000 after purchasing an additional 1,276 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Insteel Industries by 76.9% in the 1st quarter. BNP Paribas Financial Markets now owns 9,264 shares of the industrial products company’s stock worth $354,000 after purchasing an additional 4,028 shares during the period. Finally, StoneX Group Inc. boosted its stake in shares of Insteel Industries by 0.9% in the 1st quarter. StoneX Group Inc. now owns 44,303 shares of the industrial products company’s stock valued at $1,693,000 after purchasing an additional 395 shares during the last quarter. Institutional investors and hedge funds 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.