Insteel Industries Declares Quarterly Cash Dividend

An announcement from Insteel Industries ( (IIIN) ) is now available.

On May 22, 2025, Insteel Industries Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.03 per share of common stock. This dividend is payable on June 27, 2025, to shareholders recorded by June 13, 2025. The announcement reflects Insteel’s ongoing commitment to providing shareholder value and could impact investor sentiment positively, reinforcing its stable financial positioning within the industry.

The most recent analyst rating on (IIIN) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Insteel Industries stock, see the IIIN Stock Forecast page.

Spark’s Take on IIIN Stock

According to Spark, TipRanks’ AI Analyst, IIIN is a Outperform.

Insteel Industries demonstrates solid financial health with strong earnings growth and effective cash flow management, supported by a robust balance sheet. However, revenue volatility and moderate profitability margins suggest room for improvement. The stock shows bullish technical indicators but may be overvalued, with a high P/E ratio and low dividend yield. The recent earnings call and board appointment highlight strategic strengths, but macroeconomic and supply chain challenges remain.

To see Spark’s full report on IIIN stock, click here.

More about Insteel Industries

Insteel Industries Inc. is the largest manufacturer of steel wire reinforcing products in the United States, specializing in products for concrete construction applications. Their offerings include prestressed concrete strand, welded wire reinforcement, engineered structural mesh, and concrete pipe reinforcement, primarily serving manufacturers of concrete products and contractors in the nonresidential construction sector. Headquartered in Mount Airy, North Carolina, Insteel operates eleven manufacturing facilities across the country.

Average Trading Volume: 175,458

Technical Sentiment Signal: Buy

Current Market Cap: $711.4M

Learn more about IIIN stock on TipRanks’ Stock Analysis page.