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XNYS
IIIN
Market cap572mUSD
Oct 07, Last price  
29.59USD
1D
-1.92%
1Q
0.85%
Jan 2017
-16.98%
Name

Insteel Industries Inc

Chart & performance

D1W1MN
XNYS:IIIN chart
P/E
13.96
P/S
0.88
EPS
2.12
Div yield, %
3.79%
Shrs. gr., 5y
-0.07%
Rev. gr., 5y
-4.77%
Revenues
648m
+22.39%
408,978,000447,504,000447,504,000418,547,000418,547,000388,871,000453,217,000453,217,000455,713,000455,713,000472,618,000472,618,000590,601,000590,601,000826,832,000826,832,000649,188,000529,198,000529,198,000647,706,000
Net income
41m
+112.48%
16,641,00021,710,00021,710,00037,245,00037,245,00022,548,00036,266,00036,266,0005,598,0005,598,00019,009,00019,009,00066,610,00066,610,000125,011,000125,011,00032,415,00019,305,00019,305,00041,020,000
CFO
27m
-53.33%
29,232,00035,774,00035,774,00054,536,00054,536,00020,303,00053,969,00053,969,0006,608,0006,608,00056,224,00056,224,00069,878,00069,878,0005,670,0005,670,000142,200,00058,207,00058,207,00027,163,000
Dividend
Sep 11, 20260.03 USD/sh

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Profile

Insteel Industries, Inc., along with its various subsidiaries, focuses on the manufacturing and commercialization of steel wire reinforcement products specifically for concrete construction applications. The company's primary offerings include prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). Its PC strand is a distinctive seven-wire product designed to introduce compression into precast concrete elements and structures. This strengthens various constructions, such as bridges, parking garages, commercial buildings, and other concrete infrastructure. Additionally, Insteel supplies an engineered welded wire reinforcement (WWR) product utilized in both non-residential and residential construction endeavors. This WWR product line encompasses several types: Engineered structural mesh: A custom-made solution that functions as the main reinforcement for concrete elements and structures, often serving as an alternative to conventional hot-rolled rebar. Concrete pipe reinforcement: Another tailored product, engineered for primary reinforcement in concrete pipes, box culverts, and precast manholes, vital for drainage and sewage systems, water treatment facilities, and related utility applications. Standard welded wire reinforcement: A secondary reinforcement material aimed at preventing cracks in residential and light commercial settings, including driveways, sidewalks, and various slab-on-grade applications. Insteel distributes its products through a network of sales representatives to a diverse customer base, including concrete product manufacturers, rebar fabricators, distributors, and contractors. Its principal markets are located across the United States, Canada, Mexico, and extending into Central and South America. Founded in 1953, Insteel Industries, Inc. is headquartered in Mount Airy, North Carolina.

Key people

H. O. Woltz
Chairman of the Board, President, Chief Executive Officer · since 2009
Richard T. Wagner
Vice President; General Manager of Insteel Wire Products · since 2007
Independent Director · since 2018
Independent Director · since 2019
Charles Benjamin Newsome
Independent Director · since 1982
Gary L. Pechota
Independent Director · since 1998
W. Allen Rogers
Independent Director · since 1998
Jon M. Ruth
Independent Director · since 2016
Independent Director · since 2015
Independent Director · since 2017
IPO date
Apr 26, 1985
Employees
964
Domiciled in
US
Incorporated in
US
Legal address
c/o James F Petelle, 1373 Boggs Drive
Mount Airy, NC 27030
US
Headquarters
1373 Boggs Drive
Mount Airy, NC 27030
US

Valuation

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FYFYFYFYFYFYFYFYFYFYFYFYFYFYFY
2025‑092024‑092024‑092023‑092022‑092022‑092021‑092021‑092020‑092020‑092019‑092019‑092018‑092018‑092017‑09
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