Insteel Industries (IIIN)
Makes PC strand and welded wire reinforcement for concrete construction.
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Makes PC strand and welded wire reinforcement used in concrete construction, with demand tied mainly to nonresidential projects. The business runs as one focused segment, sells mostly across the United States, and depends on wire rod supply, trade policy, weather, and construction cycles.
Manufactures steel-wire reinforcing products for concrete construction through PC strand and welded wire reinforcement as core product lines. PC strand supports precast concrete structures such as bridges, parking decks, and buildings, while WWR includes engineered structural mesh, concrete pipe reinforcement, and standard welded wire reinforcement.
The footprint is concentrated in U.S. manufacturing, with sales nationwide and smaller activity in Canada, Mexico, and Central and South America. Demand is tied mainly to nonresidential construction and concrete-product manufacturers.
Execution centers on focused capacity, acquisitions inside WWR and PC strand, and long-tenured operating leadership. The business depends on hot-rolled carbon steel wire rod, domestic-content rules for some applications, trade-policy conditions, weather, and customer inventory cycles.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 27, 2026Cash & short-term investments $22.9M · Total debt $2.6M · Total assets $473.9M · Shareholders' equity $371.4M
- Revenue
- $197.7M
- Operating income
- $11.5M
- Net income
- $9.0M
HistoryDividendAnnual yield
| Institutions | 84.19% | 16.30M shares | |
|---|---|---|---|
| 198 holders · as of Jun 30, 2026 | |||
| Insiders | 4.17% | 807.2K shares | |
| 13 holders · as of Aug 27, 2026 | |||
| Other | 11.64% | 2.25M shares | |
| remainder | |||
19.36M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 7.87% | 1.52M | as of Jun 30, 2026 |
Franklin Mutual Advisers, LLCInstitution | 7.79% | 1.51M | filed Feb 3, 2020 |
Mirae Asset Global Etfs Holdings Ltd.Institution | 6.20% | 1.20M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 6.04% | 1.17M | as of Jun 30, 2026 |
Global X Management CO LLCInstitution | 5.10% | 986,412 | filed May 15, 2025 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 27, 2026 | Richard Wagner | officer: Senior Vice President and COO | −1,640 | $30.31 |
| Feb 26, 2026 | Richard Wagner | officer: Senior Vice President and COO | −1,679 | $37.67 |
- Nucor
Direct WWR, wire mesh, rebar, and wire rod rival
- Commercial Metals
Major rebar and wire rod rival in construction reinforcement
- Gerdau (ADR)
Long-steel and rebar rival with U.S. and Americas scale
- Steel Dynamics
Adjacent rebar rival through long-products steel mills
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Insteel Industries | $29.76 | −1.10% | $582.5M | 16.2 | 14.2 | 0.8 | +9.9% |
| Nucor | $248.46 | +1.14% | $55.95B | 19.6 | 11.7 | 1.5 | +23.0% |
| Commercial Metals | $64.99 | −0.02% | $7.19B | 12.2 | 9.2 | 0.8 | +22.9% |
| Gerdau (ADR) | $4.96 | −1.29% | $9.92B | 22.9 | 10.0 | 0.7 | +10.1% |
| Steel Dynamics | $236.53 | +1.09% | $33.54B | 21.2 | 11.0 | 1.6 | +33.4% |
| Median | 20.4 | 10.5 | 1.2 | +22.9% |