How to Buy Insteel Industries Stock

Insteel Industries Inc

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

Insteel Industries stock last closed at $27.59, down 0.68% from the previous day, and has decreased 27.05% in one year. It has underperformed other stocks in the Metal Fabrication industry by 0.52 percentage points. Insteel Industries stock is currently +16.91% from its 52-week low of $23.60, and -28.15% from its 52-week high of $38.40.

As of Mar 27, 2025, there are 19.43M IIIN shares outstanding. The market value of IIIN is $536.09M. In the last 24 hours, 94,894 IIIN shares were traded.

How to Buy Insteel Industries Stock

Not sure how to invest in Insteel Industries stock? Here's how.

  1. Decide where to buy Insteel Industries stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Insteel Industries stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Pick your payment method and add your information.
  4. Evaluate Insteel Industries stock: The Insteel Industries ticker symbol is IIIN. Is Insteel Industries stock a good investment? Should you buy shares of IIIN? How do IIIN's underlying business fundamentals look? Do top analysts think Insteel Industries is a good buy? Why has IIIN's stock price moved recently? (Hint: Our stock analysis website can help you figure out if IIIN is a good stock to buy).
  5. Execute your IIIN buy order: Decide if you will purchase IIIN shares at the current market price or use a limit order to purchase IIIN shares at a specific price.
  6. Get notifications regarding your IIIN investment: Create a watchlist to monitor your position in Insteel Industries stock.

Step 1: Decide where to buy Insteel Industries stock

You need an online brokerage account to access the NYSE market and buy IIIN stock.

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Step 2: Create your brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal information so you can invest in IIIN stock today.

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Step 3: Fund your investment account

Now that you have filled out your info on investing apps, you can securely and quickly fund your account:

Check out the video below to see the process of depositing funds into your new brokerage account.

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Step 4: Evaluate Insteel Industries stock

Once you have identified the best place to buy Insteel Industries stock, it's critical to evaluate their stock prior to buying, so you actually understand the risk as well as the upside.

Insteel Industries stock quick numbers

IIIN Price
$27.59
1w %
0.29%
1y %
-27.05%
5y %
100.07%
P/E
27.59x
P/B
1.62x
P/S
1x
PEG
0.9x
Revenue
$537.19M
Earnings
$19.25M
Fore. Rev. Growth
16.66%
Fore. Earn. Growth
38%
Market Cap
$536.09M
Next Earnings
Apr 23, 2025
Next Dividend
N/A

IIIN Due Diligence Checks

WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on IIIN's stock page.

Is IIIN stock undervalued?

You can use many financial metrics, analyses, models, and charts to gauge IIIN's true value.

Using relative valuations metrics:

  • IIIN may be overvalued based on its P/E ratio of 27.59x, relative to Metal Fabrication industry P/E ratio of 23.47x
  • IIIN may be undervalued based on its P/B ratio of 1.62x, relative to Metal Fabrication industry P/B ratio of 3.42x
  • IIIN may be undervalued based on its PEG ratio of 0.9x

You can access more valuation research on IIIN's stock here.

IIIN Financial Health

Positive Health Checks:

  • There are more short-term assets than long-term liabilities on the IIIN balance sheet.
  • There are more short-term assets than short-term liabilities on the IIIN balance sheet.
  • IIIN has a low debt to equity ratio of 0.22.
  • IIIN's operating cash flow of $55.36M allows it to safely service it's debt of $0.00.
  • Total IIIN debt is lower than 5 years ago, relative to shareholder equity.
  • IIIN earnings of $25.27M is not sufficient to cover its interest payments.

Negative Health Checks:

  • IIIN profit margin has gone down from 3.7% to 3.6% in the past year.

You can dig deeper into what analysts are forecasting on the Insteel Industries stock forecast page.

IIIN Technical Indicators

SMA10
27.64
SMA20
27.32
SMA50
28.23
SMA100
28.41
SMA200
29.76
MACD
-0.14
MACD Signal
-0.25
MACD Histogram
0.11
RSI
48.28
Stochastic %K
67.63
Stochastic %D
74.64
StochRSI %K
77.01
StochRSI %D
83.51

IIIN Revenue

Last year, IIIN earnings were $19.25M. Over the last five year, IIIN's earnings have gone up by 58.49% per year. This was faster than the Metal Fabrication industry average of 14.29%.

Last year, IIIN revenue was $537.19M. During the past five year, IIIN's revenue has grown by 3.64% per year. This was faster than the Metal Fabrication industry average of 3.03%.

You can research IIIN's earnings and revenue performance here.

What are IIIN executives and large shareholders up to?

In the last 12 months, executives and large shareholders at IIIN have sold more shares than they have bought.

Scot R. Jafroodi, VP CFO and Treasurer of IIIN, was the latest IIIN insider to sell. They sold $5,861.84 worth of IIIN shares on Feb 15, 2025.

Research more about who owns IIIN shares here.

Does IIIN provide a stable income stream?

Insteel Industries pays a dividend of 4.06%, compared to the Metal Fabrication industry's average dividend yield of 2.2%. If you owned $1,000 of IIIN stock, you would have received $40.59 in the past year.

Insteel Industries dividend payments have not consistently grown over the past decade and have not remained stable.

Find more data about Insteel Industries dividend yield and history here.

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Step 5: Execute your IIIN buy order

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.

Click the Open Trade button and your broker will place the order.

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Step 6: Get notifications regarding your IIIN investment

Now that you own some IIIN shares, you'll want to keep up with your stock purchase.

Start a watchlist to get notified of the latest news about your IIIN stock.

IIIN Feed

How to Buy Stock in Insteel Industries

To summarize, here are the 6 steps for buying Insteel Industries stock:

  1. Decide where to buy Insteel Industries stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Evaluate Insteel Industries stock
  5. Execute your IIIN buy order
  6. Get notifications regarding your IIIN investment

If you are looking for a online brokerage, eToro is our recommended venue.

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If you want to get notifications regarding your new investment in Insteel Industries, get started below.

NYSE: IIIN
$27.59-0.19 (-0.68%)
Updated Mar 27, 2025
Open eToro Account
Your capital is at risk.
NYSE: IIIN
$27.59-0.19 (-0.68%)
Updated Mar 27, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Insteel Industries share?

As of Mar 27, 2025, it costs $27.59 to buy one share of Insteel Industries stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.362 shares of IIIN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Insteel Industries stock?

One way to place an order for Insteel Industries stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.