Insteel Industries (NASDAQ:IIIN) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Insteel Industries (NASDAQ:IIIN) announced its quarterly earnings data on Thursday. The industrial products company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.06, Briefing.com reports. Insteel Industries had a return on equity of 5.91% and a net margin of 3.58%.During the same quarter in the prior year, the firm earned $0.06 earnings per share. The business’s quarterly revenue was up 23.3% on a year-over-year basis.

Insteel Industries Trading Up 6.2%

Shares of NASDAQ:IIIN opened at $34.21 on Friday. Insteel Industries has a 52 week low of $22.49 and a 52 week high of $41.64. The company’s 50 day moving average is $32.03 and its two-hundred day moving average is $35.00. The company has a market cap of $663.52 million, a PE ratio of 34.55, a P/E/G ratio of 1.81 and a beta of 0.81.

Insteel Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Friday, November 28th were issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 11.7%. The ex-dividend date was Friday, November 28th. Insteel Industries’s payout ratio is 4.94%.

Hedge Funds Weigh In On Insteel Industries

Large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its stake in Insteel Industries by 5.7% in the third quarter. JPMorgan Chase & Co. now owns 9,421 shares of the industrial products company’s stock valued at $361,000 after buying an additional 508 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Insteel Industries by 30.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,516 shares of the industrial products company’s stock valued at $95,000 after acquiring an additional 583 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Insteel Industries during the 3rd quarter worth about $26,000. BNP Paribas Financial Markets lifted its stake in Insteel Industries by 74.3% during the second quarter. BNP Paribas Financial Markets now owns 2,248 shares of the industrial products company’s stock worth $84,000 after purchasing an additional 958 shares during the last quarter. Finally, Captrust Financial Advisors boosted its holdings in Insteel Industries by 0.8% in the third quarter. Captrust Financial Advisors now owns 138,837 shares of the industrial products company’s stock valued at $5,323,000 after purchasing an additional 1,061 shares in the last quarter. Hedge funds and other institutional investors own 83.27% of the company’s stock.

Key Headlines Impacting Insteel Industries

Here are the key news stories impacting Insteel Industries this week:

• Positive Sentiment: Q1 EPS beat and strong year-over-year revenue — Insteel reported $0.39 EPS vs. a $0.33 consensus and net sales rose ~23% year-over-year, signaling operating recovery and topping EPS expectations. Insteel Industries Reports First Quarter 2026 Results
• Positive Sentiment: Special cash dividend — Management paid a $1.00 per-share special cash dividend (~$19.4M total), returning capital to shareholders and supporting the stock’s positive tone. Insteel Industries Reports First Quarter 2026 Results
• Positive Sentiment: Growth signal from capex and end-market demand — Management outlined a ~$20M capex plan for 2026 and highlighted expanding demand from data center construction, which supports revenue visibility beyond residential/commercial cyclical trends. Insteel signals robust 2026 demand outlook with $20M capex plan and data center growth
• Neutral Sentiment: Earnings call and transcripts available — Management commentary and Q&A are published (useful for gauging guidance, backlog and pricing), but did not materially change formal guidance in the release. Insteel Industries Inc. (IIIN) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst expectations — Consensus estimates remain modest (analysts forecast ~ $1.38 EPS for the fiscal year), leaving upside tied to execution and margin expansion. Insteel Industries Earnings Call Highlights Profits, Pressure
• Negative Sentiment: Revenue fell short of some forecasts — Although revenue rose year-over-year, certain outlets reported Q1 sales missed some street forecasts, which caused a near-term share price pullback before the recovery. Insteel Industries slips after first-quarter revenue comes in below forecasts
• Negative Sentiment: Margins and profitability remain modest — Gross profit and net margin metrics are still relatively thin (low single-digit net margin reported) and return-on-equity is limited, so sustained stock upside depends on margin improvement and higher-margin end-market gains. Insteel Industries Inc (IIIN) Q1 2026 Earnings Call Highlights: Strong Earnings Growth Amid …

About Insteel Industries

Insteel Industries, Inc is a leading U.S. manufacturer of fabricated steel wire reinforcing products used in concrete construction. Headquartered in Mount Airy, North Carolina, the company specializes in the production of welded wire reinforcing mesh, steel wire chairs and supports, and various accessories designed to improve the strength and durability of residential, commercial and infrastructure concrete projects. Insteel’s products are engineered to meet industry specifications for load‐bearing capacity, corrosion resistance and ease of installation.

The company operates multiple manufacturing facilities across the United States, employing automated welding and forming processes to ensure consistent product quality and efficient throughput.