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Realtime updates for Insteel Industries Inc [IIIN]

Exchange: NASDAQ Sector: Industrials Industry: Metal Fabrication
Last Updated19 Apr 2024 @ 16:00

1.76% $ 33.55

Live Chart Being Loaded With Signals

Commentary (19 Apr 2024 @ 16:00):
Profile picture for Insteel Industries Inc

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications...

Stats
Today's Volume 51 516.00
Average Volume 81 743.00
Market Cap 652.49M
EPS $0 ( 2024-01-18 )
Next earnings date ( $0.220 ) 2024-04-25
Last Dividend $2.53 ( 2023-12-07 )
Next Dividend $0 ( N/A )
P/E 29.17
ATR14 $0.0390 (0.12%)
Insider Trading
Date Person Action Amount type
2024-03-01 Wagner Richard Sell 1 715 Common Stock
2024-02-16 Woltz H O Iii Buy 5 097 Common Stock
2024-02-16 Woltz H O Iii Sell 1 355 Common Stock
2024-02-16 Woltz H O Iii Sell 5 097 Restricted Stock Unit
2024-02-16 York James R. Buy 934 Common Stock
INSIDER POWER
29.11
Last 100 transactions
Buy: 166 290 | Sell: 94 951

Volume Correlation

Long: -0.37 (neutral)
Short: -0.03 (neutral)
Signal:(60.058) Neutral

Insteel Industries Inc Correlation

10 Most Positive Correlations
LWAC0.867
SRAC0.851
AMRB0.841
LMRKN0.825
10 Most Negative Correlations
SVAC-0.842
MTSL-0.819
FEYE-0.812
GOODM-0.806

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Insteel Industries Inc Correlation - Currency/Commodity

The country flag 0.15
( neutral )
The country flag 0.17
( neutral )
The country flag 0.00
( neutral )
The country flag -0.17
( neutral )
The country flag -0.18
( neutral )
The country flag -0.03
( neutral )

Insteel Industries Inc Financials

Annual 2023
Revenue: $649.19M
Gross Profit: $65.40M (10.07 %)
EPS: $1.660
Q4 2023
Revenue: $157.52M
Gross Profit: $13.98M (8.88 %)
EPS: $0.290
Q3 2023
Revenue: $165.71M
Gross Profit: $20.37M (12.29 %)
EPS: $0.540
Q2 2023
Revenue: $159.05M
Gross Profit: $13.26M (8.34 %)
EPS: $0.260

Financial Reports:

No articles found.

Insteel Industries Inc Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0.0300
(N/A)
$2.03
(N/A)
$0.0300
(N/A)
$0.0300
(N/A)
$0.0300
(N/A)
$2.53
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

Insteel Industries Inc Dividend Information - Dividend King

Dividend Sustainability Score: 10.00 - good (100.00%) | Divividend Growth Potential Score: 4.45 - Stable (11.09%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend $0.0300 1992-06-09
Last Dividend $2.53 2023-12-07
Next Dividend $0 N/A
Payout Date 2023-12-22
Next Payout Date N/A
# dividends 110 --
Total Paid Out $15.31 --
Avg. Dividend % Per Year 5.27% --
Score 6.98 --
Div. Sustainability Score 10.00
Div.Growth Potential Score 4.45
Div. Directional Score 7.90 --
Next Divdend (Est)
(2024-05-13)
$2.61 Estimate 38.48 %
Dividend Stability
0.77 Good
Dividend Score
6.98
Pay Frequency
Quarterly
Yearly Payout
Year Amount Yield
1992 $0.0900 1.92%
1993 $0.155 2.58%
1994 $0.120 2.21%
1995 $0.120 3.20%
1996 $0.120 3.37%
1997 $0.120 2.63%
1998 $0.120 3.31%
1999 $0.120 4.69%
2000 $0.0900 1.96%
2001 $0 0.00%
2002 $0 0.00%
2003 $0 0.00%
2004 $0 0.00%
2005 $0.0900 1.04%
2006 $0.120 1.41%
2007 $0.120 0.69%
2008 $0.620 5.46%
2009 $0.120 1.01%
2010 $0.120 0.92%
2011 $0.120 0.92%
2012 $0.370 3.16%
2013 $0.120 0.93%
2014 $0.120 0.55%
2015 $1.120 4.82%
2016 $1.370 6.66%
2017 $1.120 3.11%
2018 $0.120 0.42%
2019 $0.120 0.50%
2020 $1.620 7.61%
2021 $2.12 9.24%
2022 $2.12 5.29%
2023 $2.62 9.28%
2024 $0 0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for NASDAQ

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
OXLC Dividend Royal 2023-12-14 Monthly 14 10.00% 8.50
PSEC Dividend Royal 2023-12-26 Monthly 21 7.04% 8.50
SLVO Dividend Royal 2023-11-20 Monthly 12 10.77% 8.50
QYLD Dividend Royal 2023-11-20 Monthly 11 7.50% 8.50
OXSQ Dividend Diamond 2023-12-14 Monthly 21 9.10% 8.50
GAIN Dividend Royal 2023-12-04 Monthly 20 8.19% 8.50
GLDI Dividend Royal 2023-11-20 Monthly 12 7.15% 8.50
HRZN Dividend King 2023-12-18 Monthly 15 6.60% 8.45
USOI Dividend Royal 2023-11-20 Monthly 8 16.70% 8.28
PFLT Dividend King 2023-11-15 Monthly 14 6.50% 8.27

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.03711.5009.2610.00[0 - 0.5]
returnOnAssetsTTM0.05741.2008.099.70[0 - 0.3]
returnOnEquityTTM0.06161.500-0.426-0.639[0.1 - 1]
payoutRatioTTM2.27-1.00010.00-10.00[0 - 1]
currentRatioTTM6.930.80010.008.00[1 - 3]
quickRatioTTM3.940.80010.008.00[0.8 - 2.5]
cashRatioTTM2.561.50010.0010.00[0.2 - 2]
debtRatioTTM0.00549-1.5009.91-10.00[0 - 0.6]
interestCoverageTTM281.321.00010.0010.00[3 - 30]
operatingCashFlowPerShareTTM6.722.007.7610.00[0 - 30]
freeCashFlowPerShareTTM4.942.007.5310.00[0 - 20]
debtEquityRatioTTM0.00643-1.5009.97-10.00[0 - 2.5]
grossProfitMarginTTM0.08921.000-1.847-1.847[0.2 - 0.8]
operatingProfitMarginTTM0.04281.000-1.143-1.143[0.1 - 0.6]
cashFlowToDebtRatioTTM61.091.00010.0010.00[0.2 - 2]
assetTurnoverTTM1.5470.8003.022.42[0.5 - 2]
Total Score11.35

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM29.821.0007.090[1 - 100]
returnOnEquityTTM0.06162.50-0.274-0.639[0.1 - 1.5]
freeCashFlowPerShareTTM4.942.008.3510.00[0 - 30]
dividendYielPercentageTTM7.641.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM6.722.007.7610.00[0 - 30]
payoutRatioTTM2.271.50010.00-10.00[0 - 1]
pegRatioTTM-0.4021.500-6.020[0.5 - 2]
operatingCashFlowSalesRatioTTM0.2171.0007.080[0.1 - 0.5]
Total Score4.45

Insteel Industries Inc

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. The company's WWR engineered reinforcing product is used in nonresidential and residential construction. It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar; concrete pipe reinforcement, an engineered made-to-order product, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. The company sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors primarily in the United States, Canada, Mexico, and Central and South America. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

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