What is Sidoti Csr’s Forecast for IIIN FY2025 Earnings?

Insteel Industries, Inc. (NASDAQ:IIIN) – Research analysts at Sidoti Csr lifted their FY2025 earnings estimates for Insteel Industries in a note issued to investors 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.

Separately, StockNews.com downgraded Insteel Industries from a “buy” rating to a “hold” rating in a research report on Saturday, October 26th.

Insteel Industries Trading Down 3.1 %

Shares of Insteel Industries stock opened at $30.47 on Thursday. Insteel Industries has a 12 month low of $23.60 and a 12 month high of $38.40. The stock has a 50 day moving average of $27.91 and a 200 day moving average of $29.70. The firm has a market cap of $591.93 million, a PE ratio of 27.43, a PEG ratio of 1.77 and a beta of 1.14.

Insteel Industries (NASDAQ:IIIN) last issued 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). Insteel Industries had a net margin of 3.58% and a return on equity of 5.91%. The firm had revenue of $129.70 million for the quarter, compared to analysts’ expectations of $117.45 million. During the same quarter in the previous year, the business earned $0.06 EPS. The company’s revenue for the quarter was up 6.5% on a year-over-year basis.

Institutional Trading of Insteel Industries

Several hedge funds have recently made changes to their positions in IIIN. The Manufacturers Life Insurance Company increased its stake in Insteel Industries by 8.3% during the second quarter. The Manufacturers Life Insurance Company now owns 7,631 shares of the industrial products company’s stock worth $236,000 after acquiring an additional 585 shares during the last quarter. Cardinal Capital Management boosted its holdings in shares of Insteel Industries by 12.3% in the 3rd quarter. Cardinal Capital Management now owns 34,318 shares of the industrial products company’s stock worth $1,067,000 after purchasing an additional 3,747 shares during the period. Ellsworth Advisors LLC increased its position in shares of Insteel Industries by 7.2% during the 3rd quarter. Ellsworth Advisors LLC now owns 16,527 shares of the industrial products company’s stock valued at $514,000 after purchasing an additional 1,109 shares during the last quarter. Versor Investments LP bought a new position in shares of Insteel Industries during the 3rd quarter valued at approximately $289,000. Finally, Victory Capital Management Inc. raised its holdings in Insteel Industries by 4.8% during the 3rd quarter. Victory Capital Management Inc. now owns 84,767 shares of the industrial products company’s stock valued at $2,635,000 after buying an additional 3,886 shares during the period. 83.27% of the stock is currently owned by hedge funds and other institutional investors.

Insteel Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a $0.03 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.39%. Insteel Industries’s dividend payout ratio (DPR) is presently 12.12%.

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.