--- title: "Insteel Industries (NYSE:IIIN) Sets New 12-Month Low Following Weak Earnings" type: "News" locale: "en" url: "https://longbridge.com/en/news/283094729.md" description: "Insteel Industries (NYSE:IIIN) shares hit a new 12-month low at $28.51 following disappointing earnings, reporting $0.27 EPS, missing estimates of $0.80. Revenue was $172.65 million, up 7.5% year-over-year. The company announced a quarterly dividend of $0.03, with a yield of 0.4%. Analysts have downgraded the stock from \"buy\" to \"hold\" due to the earnings miss. Institutional investors have increased their stakes, with 83.27% of shares owned by them. The stock has declined 22% recently, with a market cap of $553.66 million." datetime: "2026-04-17T05:37:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283094729.md) - [en](https://longbridge.com/en/news/283094729.md) - [zh-HK](https://longbridge.com/zh-HK/news/283094729.md) --- # Insteel Industries (NYSE:IIIN) Sets New 12-Month Low Following Weak Earnings Insteel Industries, Inc. (NYSE:IIIN - Get Free Report) shares reached a new 52-week low on Friday following a dissappointing earnings announcement. The company traded as low as $28.51 and last traded at $28.5390, with a volume of 829624 shares. The stock had previously closed at $36.60. The company reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.80 by ($0.53). The business had revenue of $172.65 million during the quarter. Insteel Industries had a return on equity of 13.51% and a net margin of 7.01%.The business's quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.52 earnings per share. Get **Insteel Industries** alerts: ## Insteel Industries Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were paid a $0.03 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $0.12 dividend on an annualized basis and a yield of 0.4%. Insteel Industries's payout ratio is currently 4.94%. ## Key Headlines Impacting Insteel Industries Here are the key news stories impacting Insteel Industries this week: - Positive Sentiment: Management expects gradual gross-margin improvement in Q3 and announced a $20 million 2026 capital expenditure plan, which could support volume/cost improvements over the next 12–18 months if execution holds. Insteel outlines $20M 2026 capex as it expects gradual gross margin improvement in Q3 - Neutral Sentiment: Full earnings-call transcripts and the company press release provide detail on cost drivers, pricing, and timing for margin recovery — useful for assessing whether guidance is achievable. Review the call excerpts for management’s color on backlog, product mix, and raw-material pass-throughs. Insteel (IIIN) Q2 2026 Earnings Call Transcript Insteel Industries Inc. (IIIN) Q2 2026 Earnings Call Transcript Insteel Industries Reports Second Quarter 2026 Results - Negative Sentiment: Q2 EPS of $0.27 missed the consensus (~$0.80) by $0.53 and fell from $0.52 a year ago; revenue of $172.7M showed modest YoY growth but analysts flagged earnings and revenue as below expectations — the primary driver of the stock decline. Insteel Industries (IIIN) Q2 Earnings and Revenues Lag Estimates Insteel Industries misses on earnings and revenue Insteel Industries falls short of expectations on Q2 earnings and revenue ## Analyst Ratings Changes Separately, Wall Street Zen cut Insteel Industries from a "buy" rating to a "hold" rating in a report on Saturday, January 17th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of "Hold". **Get Our Latest Stock Analysis on Insteel Industries** ## Insiders Place Their Bets In other Insteel Industries news, COO Richard Wagner sold 1,679 shares of the firm's stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $37.67, for a total value of $63,247.93. Following the completion of the transaction, the chief operating officer directly owned 40,000 shares in the company, valued at $1,506,800. This trade represents a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.20% of the stock is currently owned by corporate insiders. ## Institutional Inflows and Outflows Hedge funds and other institutional investors have recently made changes to their positions in the business. Advisory Services Network LLC bought a new position in shares of Insteel Industries during the 3rd quarter worth approximately $26,000. BNP Paribas Financial Markets boosted its stake in shares of Insteel Industries by 74.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,248 shares of the company's stock worth $84,000 after acquiring an additional 958 shares during the period. Quarry LP bought a new position in shares of Insteel Industries during the 3rd quarter worth approximately $89,000. Smartleaf Asset Management LLC boosted its stake in shares of Insteel Industries by 30.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,516 shares of the company's stock worth $95,000 after acquiring an additional 583 shares during the period. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Insteel Industries by 372.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,283 shares of the company's stock worth $122,000 after acquiring an additional 2,588 shares during the period. 83.27% of the stock is currently owned by institutional investors. ## Insteel Industries Trading Down 22.0% The company has a 50 day moving average price of $34.89 and a 200 day moving average price of $33.62. The company has a market capitalization of $553.66 million, a P/E ratio of 11.74, a P/E/G ratio of 1.00 and a beta of 0.83. ## Insteel Industries Company Profile (Get Free Report) 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. ## Featured Articles - Five stocks we like better than Insteel Industries _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Insteel Industries Right Now? Before you consider Insteel Industries, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Insteel Industries wasn't on the list. While Insteel Industries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [IIIN.US](https://longbridge.com/en/quote/IIIN.US.md) ## Related News & Research - [Insteel Industries; the Infrastructure Input That Cannot Be Swapped Out](https://longbridge.com/en/news/286813861.md) - [Insteel (IIIN) Q1 Earnings Report Preview: What To Look For](https://longbridge.com/en/news/282775354.md) - [Insteel (IIIN) Reports Q4: Everything You Need To Know Ahead Of Earnings](https://longbridge.com/en/news/272490443.md) - [Insteel Industries  Q2 earnings fall as weather hits shipments](https://longbridge.com/en/news/282983024.md) - [Franklin Resources Inc. 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