Q4 EPS Estimate for Insteel Industries Increased by Analyst

Insteel Industries, Inc. (NYSE:IIIN) – Research analysts at Sidoti lifted their Q4 2026 earnings per share estimates for Insteel Industries in a report released on Friday, July 17th. Sidoti analyst J. Romero now expects 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.

Other research analysts have also issued reports about the company. Wall Street Zen upgraded Insteel Industries from a “sell” rating to a “hold” rating in a research note on Saturday. Weiss Ratings downgraded shares of Insteel Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, April 22nd. Finally, Zacks Research raised shares of Insteel Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 16th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Insteel Industries Trading Up 2.7%

Shares of NYSE:IIIN opened at $31.83 on Monday. Insteel Industries has a 1-year low of $24.35 and a 1-year high of $39.91. The firm has a market capitalization of $616.23 million, a PE ratio of 17.11, a PEG ratio of 1.96 and a beta of 0.52. The business’s 50 day moving average is $28.52 and its 200-day moving average is $31.40.

Insteel Industries (NYSE:IIIN) last posted its quarterly earnings results on Thursday, July 16th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.45 by $0.01. Insteel Industries had a return on equity of 9.92% and a net margin of 5.14%.The firm had revenue of $197.66 million during the quarter. During the same period last year, the company earned $0.78 EPS.

Hedge Funds Weigh In On Insteel Industries

A number of hedge funds have recently modified their holdings of the stock. Advisory Services Network LLC acquired a new stake in Insteel Industries in the 3rd quarter valued at $26,000. GAMMA Investing LLC raised its stake in Insteel Industries by 71.2% during the second quarter. GAMMA Investing LLC now owns 1,998 shares of the company’s stock worth $60,000 after acquiring an additional 831 shares in the last quarter. BNP Paribas Financial Markets raised its stake 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 acquiring an additional 958 shares in the last quarter. Quarry LP bought a new position in shares of Insteel Industries during the third quarter valued at $89,000. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Insteel Industries by 30.2% during the second quarter. Smartleaf Asset Management LLC now owns 2,516 shares of the company’s stock valued at $95,000 after acquiring an additional 583 shares during the period. 83.27% of the stock is owned by institutional investors and hedge funds.

Insteel Industries Dividend Announcement

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

Insteel Industries Company Profile

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.