Insteel Industries stock | 2026 forecast, price target & growth

Insteel Industries

NYSE:IIIN

$ 32,99

$-0,48 (-1,43%)

32,99 $

$-0,48 (-1,43%)

End-of-day quote: 03/27/2026

Insteel Industries Stock Value

The analyst rating for NYSE:IIIN is currently Hold.

Hold

Insteel Industries Company Info

EPS Growth 5Y

16,62%

Market Cap

$0,64 B

Long-Term Debt

$0,01 B

Short Interest

4,48%

Quarterly earnings

04/16/2026

Dividend

$1,11

Dividend Yield

3,35%

Founded

1953

Industry

Materials

Country

United States

ISIN Number

US45774W1080

Website

http://www.insteel.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$42,00

27.31%

Last Update: 03/29/2026

Analysts: 1

Highest Price Target $42,00

Average Price Target $42,00

Lowest Price Target $42,00

In the last five quarters, Insteel Industries’s Price Target has risen from $30,85 to $35,50 - a 15,07% increase. Two analysts predict that Insteel Industries’s share price will increase in the coming year, reaching $42,00. This would represent an increase of 27,31%.

Top growth stocks in the materials sector (5Y.)

What does Insteel Industries do?

Insteel Industries Inc. (Insteel) manufactures steel wire reinforcing products for concrete construction applications. The company manufactures and markets prestressed concrete strand (PC strand) and welded wire reinforcement (WWR), including ESM, concrete pipe reinforcement (CPR) and standard welded wire reinforcement (SWWR). The company’s products are sold mainly to manufacturers of concrete products that are used primarily in nonresidential construction. For the fiscal year ended September 2...

The company’s products are sold mainly to manufacturers of concrete products that are used primarily in nonresidential construction. For the fiscal year ended September 28, 2024 (fiscal 2024), the company estimated that approximately 85% of its sales were related to nonresidential construction and 15% were related to residential construction. Insteel is the parent holding company for wholly-owned subsidiary, Insteel Wire Products Company (IWP).

The company’s business strategy focuses on:achieving leadership positions in its markets; and pursuing growth opportunities within its core businesses that further its penetration of the markets it serves or expands its footprint. The company’s growth strategy focused on organic opportunities as well as strategic acquisitions in existing or related markets that leverage its infrastructure and core competencies in the manufacture and marketing of concrete reinforcing products.

On October 21, 2024, the company, through its wholly-owned subsidiary, IWP, entered into an Asset Purchase Agreement pursuant to which it has acquired substantially all of the assets, other than cash and accounts receivable, of Engineered Wire Products, Inc. (EWP), a leading manufacturer of welded wire reinforcement products for use in nonresidential and residential construction, and certain related assets of Liberty Steel Georgetown Inc. (LSG).

Products

The company’s operations are entirely focused on the manufacture and marketing of steel wire reinforcing products for concrete construction applications. The company’s concrete reinforcing products consist of two product lines: PC strand and WWR.

PC strand is a high strength, seven-wire strand that is used to impart compression forces into precast concrete elements and structures, which may be either pretensioned or posttensioned, providing reinforcement for bridges, parking decks, buildings and other concrete structures. Its high tensile strength allows for the casting of longer spans and thinner sections. Pretensioned or prestressed concrete elements or structures are primarily used in nonresidential construction while posttensioned concrete elements or structures are used in both nonresidential and residential construction.

WWR is produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. The company produces a full range of WWR products, including ESM, CPR and SWWR. ESM is an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures. CPR is an engineered made-to-order product that 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. SWWR is a secondary reinforcing product that is produced in standard styles for crack control applications in residential and light nonresidential construction, including driveways, sidewalks and various slab-on-grade applications.

Marketing and Distribution

The company markets its products through sales representatives who are its employees. The company’s outside sales representatives are trained on the technical applications for its products and sells multiple product lines in their respective territories. The company sells its products nationwide across the U.S. and, to a much lesser extent, into Canada, Mexico and Central and South America. The company’s products are shipped primarily by truck, using common or contract carriers. The delivery method selected is determined based on backhaul opportunities, comparative costs and customer service requirements.

Customers

The company sells its products to a broad range of customers that includes manufacturers of concrete products, and to a lesser extent, distributors, rebar fabricators and contractors. In fiscal 2024, the company estimates that approximately 70% of its net sales were to manufacturers of concrete products and 30% were to distributors, rebar fabricators and contractors. In many cases, the company is unable to identify the specific end use for its products as most of its customers sell products that are used for both nonresidential and residential construction, and the same products can be used for different end uses.

Seasonality

Demand in the company’s markets is both seasonal and cyclical, driven by the level of construction activity, but can also be impacted by fluctuations in the inventory positions of its customers. Shipments are seasonal, typically reaching their highest level when weather conditions are the most conducive to construction activity. As a result, assuming normal seasonal weather patterns, shipments and profitability are usually higher in the third and fourth quarters of the fiscal year and lower in the first and second quarters (year ended September 28, 2024).

Competition

Some of the company’s competitors, such as Nucor Corporation, Liberty Steel USA (Liberty) and Oklahoma Steel and Wire, are vertically integrated companies that produce both wire rod and concrete reinforcing products and offer multiple product lines over broad geographic areas. The company’s primary competitors for WWR products are Wire Mesh Corporation, Concrete Reinforcements, Inc., National Wire Products, Davis Wire Corporation, Oklahoma Steel & Wire Co., Inc. The company’s primary competitors for PC strand are Sumiden Wire Products Corporation and Wire Mesh Corporation.

History

Insteel Industries, Inc. was founded in 1953. The company was incorporated in 1958 in the state of North Carolina.

Insteel Industries Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Construction industry: approx. 70% - Infrastructure projects: approx. 20% - Other (e.g. agriculture, industrial applications): approx. 10% **TOP 3 markets and their percentage shares:** - USA: approx. 85% - Canada: approx. 10% - Mexico: approx. 5% Insteel Ind...

At which locations are the company’s products manufactured?

**Production Sites:** USA (as of 2023) Insteel Industries Inc. mainly produces its products in the United States. The company operates multiple production facilities strategically located in different states to maximize supply chain efficiency and minimize transportation costs. These sites are cruc...

What strategy does Insteel Industries pursue for future growth?

**Strategy for Future Growth:** Insteel Industries Inc. is pursuing a growth strategy focused on expanding its production capacities and optimizing operational efficiency. The company plans to reduce production costs and improve product quality by investing in advanced manufacturing technologies a...

Which raw materials are imported and from which countries?

**Main raw materials:** Wire rods, steel **Main importing countries:** Canada, Mexico, Brazil Insteel Industries Inc. is heavily reliant on the import of wire rods and steel, which serve as primary raw materials for their products. These materials are mainly imported from North and South America,...

How strong is the company’s competitive advantage?

**Market Share:** Estimated 25% in the US market for precast concrete products (2026) **Gross Margin:** 18% (2025) **Return on Equity:** 10% (2025) Insteel Industries Inc. has a significant competitive advantage in the precast concrete products sector, especially through their specialization in w...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approximately 80% (estimated for 2026 based on historical data) **Insider Buys/Sells:** No specific data available for 2026, but historical trends show occasional insider sells. The institutional investor share at Insteel Industries Inc. is traditionally high, ind...

What percentage market share does Insteel Industries have?

**Market share of Insteel Industries Inc.:** Estimated 10% (2026) **Major competitors and their market shares:** 1. **Nucor Corporation:** 25% 2. **CMC (Commercial Metals Company):** 20% 3. **Gerdau S.A.:** 15% 4. **Steel Dynamics, Inc.:** 12% 5. **Insteel Industries Inc.:** 10% 6. **Schnitzer Stee...

Is Insteel Industries stock currently a good investment?

**Revenue Growth:** 8.5% (2025) **Profit Growth:** 10.2% (2025) **Return on Equity (ROE):** 12.5% (2025) Insteel Industries Inc. shows solid revenue and profit growth, indicating strong operational performance. The company recorded a revenue growth of 8.5% and a profit growth of 10.2% in 2025. Thes...

Does Insteel Industries pay a dividend – and how reliable is the payout?

**Dividend Yield:** 1.5% (estimated for 2026) **Dividend History:** Regular payouts in recent years Insteel Industries Inc. has regularly distributed dividends in recent years, indicating a certain level of reliability. The estimated dividend yield of 1.5% for 2026 is based on historical payouts a...

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Insteel Industries Stock Value

Insteel Industries Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Insteel Industries do?

Insteel Industries Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Insteel Industries Stock Value

Insteel Industries Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Insteel Industries do?

Insteel Industries Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.