Encore Wire Company Profile (NASDAQ:WIRE)

About Encore Wire (NASDAQ:WIRE)

Encore Wire logoEncore Wire Corporation is a manufacturer of electrical building wire and cable. The Company is a supplier of building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. The Company manufactures electric building wire, principally NM-B cable, for use primarily as interior wiring in homes, apartments and manufactured housing, and THHN/THWN-2 cable and metal-clad and armored cable for use primarily as wiring in commercial and industrial buildings. It offers an electrical building wire product line that consists primarily of UF-B cable and other types of wire products, including metal-clad and armored cable. All of these products are manufactured with copper or aluminum as the conductor. NM-B cable consists of either two or three insulated copper wire conductors, with an uninsulated ground wire, all sheathed in a polyvinyl chloride (PVC) jacket.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Diversified Electronics
  • Sub-Industry: Electrical Components & Equipment
  • Symbol: NASDAQ:WIRE
  • CUSIP: 29256210
  • Web: www.encorewire.com
Capitalization:
  • Market Cap: $863.12 million
  • Outstanding Shares: 20,748,000
Average Prices:
  • 50 Day Moving Avg: $43.43
  • 200 Day Moving Avg: $43.77
  • 52 Week Range: $33.70 - $49.75
P/E:
  • Trailing P/E Ratio: 22.17
  • Foreward P/E Ratio: 14.34
  • P/E Growth: 1.86
Sales & Book Value:
  • Annual Revenue: $994.64 million
  • Price / Sales: 0.87
  • Book Value: $28.29 per share
  • Price / Book: 1.47
Dividend:
  • Annual Dividend: $0.08
  • Dividend Yield: 0.2%
Profitability:
  • EBIDTA: $74.16 million
  • Net Margins: 3.51%
  • Return on Equity: 6.25%
  • Return on Assets: 5.45%
Debt:
  • Current Ratio: 7.01%
  • Quick Ratio: 5.21%
Misc:
  • Average Volume: 73,476 shs.
  • Beta: 2.04
  • Short Ratio: 4.58
 

Frequently Asked Questions for Encore Wire (NASDAQ:WIRE)

What is Encore Wire's stock symbol?

Encore Wire trades on the NASDAQ under the ticker symbol "WIRE."

How often does Encore Wire pay dividends? What is the dividend yield for Encore Wire?

Encore Wire declared a quarterly dividend on Tuesday, February 28th. Stockholders of record on Friday, April 7th will be paid a dividend of $0.02 per share on Friday, April 21st. This represents a $0.08 annualized dividend and a dividend yield of 0.19%. The ex-dividend date of this dividend is Wednesday, April 5th. View Encore Wire's Dividend History.

How were Encore Wire's earnings last quarter?

Encore Wire Co. (NASDAQ:WIRE) announced its quarterly earnings data on Tuesday, May, 2nd. The company reported $0.65 EPS for the quarter, topping the Zacks' consensus estimate of $0.51 by $0.14. The business earned $279.39 million during the quarter, compared to analysts' expectations of $280 million. Encore Wire had a return on equity of 6.25% and a net margin of 3.51%. View Encore Wire's Earnings History.

Where is Encore Wire's stock going? Where will Encore Wire's stock price be in 2017?

3 equities research analysts have issued twelve-month price targets for Encore Wire's shares. Their predictions range from $44.00 to $47.00. On average, they expect Encore Wire's stock price to reach $45.50 in the next twelve months. View Analyst Ratings for Encore Wire.

Who are some of Encore Wire's key competitors?

Who owns Encore Wire stock?

Encore Wire's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.21%), Vanguard Group Inc. (8.60%), Dimensional Fund Advisors LP (8.42%), Victory Capital Management Inc. (6.65%), Barrow Hanley Mewhinney & Strauss LLC (5.62%) and Frontier Capital Management Co. LLC (5.09%). Company insiders that own Encore Wire stock include Frank J Bilban and Gregory J Fisher. View Institutional Ownership Trends for Encore Wire.

Who sold Encore Wire stock? Who is selling Encore Wire stock?

Encore Wire's stock was sold by a variety of institutional investors in the last quarter, including Heartland Advisors Inc., Barrow Hanley Mewhinney & Strauss LLC, Morgan Stanley, Kennedy Capital Management Inc., JPMorgan Chase & Co., AQR Capital Management LLC, Chartwell Investment Partners LLC and Goldman Sachs Group Inc.. View Insider Buying and Selling for Encore Wire.

Who bought Encore Wire stock? Who is buying Encore Wire stock?

Encore Wire's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Hodges Capital Management Inc., Victory Capital Management Inc., Vanguard Group Inc., Ngam Advisors L.P., First Trust Advisors LP, Royce & Associates LP and First Dallas Securities Inc.. View Insider Buying and Selling for Encore Wire.

How do I buy Encore Wire stock?

Shares of Encore Wire can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Encore Wire stock cost?

One share of Encore Wire stock can currently be purchased for approximately $41.60.

Analyst Ratings

Consensus Ratings for Encore Wire (NASDAQ:WIRE) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $45.50 (9.38% upside)

Analysts' Ratings History for Encore Wire (NASDAQ:WIRE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/19/2016DA DavidsonReiterated RatingHoldN/AView Rating Details
7/28/2016SidotiDowngradeBuy -> Neutral$46.00 -> $44.00N/AView Rating Details
5/31/2016Singular ResearchInitiated CoverageBuy$47.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Encore Wire (NASDAQ:WIRE)
Earnings by Quarter for Encore Wire (NASDAQ:WIRE)
Earnings History by Quarter for Encore Wire (NASDAQ:WIRE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017Q1 2017$0.51$0.65$280.00 million$279.39 millionViewListenView Earnings Details
10/26/2016Q3$0.61$0.34$266.63 million$237.20 millionViewN/AView Earnings Details
7/27/2016Q2$0.57$0.38$241.88 million$238.80 millionViewN/AView Earnings Details
4/27/2016Q116$0.53$0.41$232.72 million$225.50 millionViewN/AView Earnings Details
2/18/2016Q415$0.52$0.53$255.15 million$250.90 millionViewListenView Earnings Details
10/22/2015Q3$0.54$0.70$264.06 million$262.80 millionViewN/AView Earnings Details
7/23/2015Q2$0.56$0.54$300.46 million$253.70 millionViewListenView Earnings Details
4/23/2015Q115$0.32$0.52$243.00 million$250.30 millionViewN/AView Earnings Details
2/19/2015Q414$0.45$0.24$278.50 million$285.30 millionViewN/AView Earnings Details
10/23/2014Q314$0.55$0.53$327.00 million$297.40 millionViewN/AView Earnings Details
7/24/2014Q214$0.68$0.49$312.00 million$307.09 millionViewN/AView Earnings Details
4/24/2014Q114$0.48$0.52$301.83 million$277.20 millionViewN/AView Earnings Details
2/19/2014Q413$0.56$0.54$281.63 million$293.50 millionViewN/AView Earnings Details
10/25/2013Q313$0.45$0.66$284.65 million$309.90 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.30$0.75$252.00 million$289.50 millionViewN/AView Earnings Details
4/24/2013Q1 2013$0.25$0.31$255.20 million$265.40 millionViewN/AView Earnings Details
2/20/2013Q4 2012$0.27$0.25$295.50 million$258.00 millionViewN/AView Earnings Details
10/24/2012$0.38$0.27ViewN/AView Earnings Details
7/25/2012$0.45$0.11ViewN/AView Earnings Details
2/21/2012$0.24$0.69ViewN/AView Earnings Details
10/26/2011$0.32$0.59ViewN/AView Earnings Details
7/27/2011$0.49$0.40ViewN/AView Earnings Details
4/27/2011$0.20$0.46ViewN/AView Earnings Details
2/22/2011$0.16$0.19ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Encore Wire (NASDAQ:WIRE)
2017 EPS Consensus Estimate: $2.21
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.51$0.51$0.51
Q2 20171$0.58$0.58$0.58
Q3 20171$0.65$0.65$0.65
Q4 20171$0.47$0.47$0.47
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Encore Wire (NASDAQ:WIRE)
Most Recent Dividend:4/21/2017
Annual Dividend:$0.08
Dividend Yield:0.19%
Payout Ratio:4.97% (Trailing 12 Months of Earnings)
3.60% (Based on This Year's Estimates)
2.76% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Encore Wire (NASDAQ:WIRE)

Dividend History by Quarter for Encore Wire (NASDAQ:WIRE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/28/2017quarterly$0.020.17%4/5/20174/7/20174/21/2017
12/13/2016quarterly$0.020.18%1/4/20171/6/20171/20/2017
8/22/2016quarterly$0.020.2%10/5/201610/7/201610/21/2016
5/18/2016quarterly$0.020.22%6/29/20167/1/20167/15/2016
4/4/2016quarterly$0.020.21%4/7/20164/11/20164/18/2016
11/17/2015quarterly$0.020.18%1/6/20161/8/20161/22/2016
8/20/2015quarterly$0.020.25%9/30/201510/2/201510/16/2015
5/14/2015quarterly$0.020.18%7/8/20157/10/20157/24/2015
3/23/2015quarterly$0.020.22%3/31/20154/3/20154/17/2015
11/17/2014quarterly$0.020.21%12/30/20141/2/20151/16/2015
8/14/2014quarterly$0.020.19%10/1/201410/3/201410/17/2014
5/9/2014quarterly$0.020.16%7/9/20147/11/20147/25/2014
2/26/2014quarterly$0.020.15%4/2/20144/4/20144/18/2014
11/12/2013quarterly$0.020.16%12/31/20131/3/20141/17/2014
8/14/2013quarterly$0.020.2%10/2/201310/4/201310/18/2013
6/7/2013quarterly$0.020.23%7/2/20137/5/20137/19/2013
3/12/2013quarterly$0.020.24%4/3/20134/5/20134/19/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Encore Wire (NASDAQ:WIRE)
Insider Ownership Percentage: 3.80%
Institutional Ownership Percentage: 88.46%
Insider Trades by Quarter for Encore Wire (NASDAQ:WIRE)
Institutional Ownership by Quarter for Encore Wire (NASDAQ:WIRE)
Insider Trades by Quarter for Encore Wire (NASDAQ:WIRE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/22/2017Frank J BilbanVPSell27,500$48.59$1,336,225.00View SEC Filing  
8/10/2015Gregory J FisherDirectorBuy1,500$33.30$49,950.00View SEC Filing  
2/27/2015William R Thomas IIIDirectorBuy1,000$37.24$37,240.00View SEC Filing  
2/25/2015Gregory J FisherDirectorBuy1,000$35.70$35,700.00View SEC Filing  
12/16/2014John H WilsonDirectorBuy5,000$35.00$175,000.00View SEC Filing  
10/29/2014Gregory J FisherDirectorBuy1,000$37.18$37,180.00View SEC Filing  
8/1/2014Donald Eugene CourtneyDirectorBuy5,000$41.81$209,050.00View SEC Filing  
10/31/2013Frank J BilbanCFOSell30,000$49.87$1,496,100.00View SEC Filing  
6/25/2013William R Thomas IIIDirectorBuy3,500$33.96$118,860.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Encore Wire (NASDAQ:WIRE)
Latest Headlines for Encore Wire (NASDAQ:WIRE)
Source:
DateHeadline
zacks.com logoNew Strong Sell Stocks for May 10th
www.zacks.com - May 10 at 9:44 AM
americanbankingnews.com logoEncore Wire Co. (WIRE) to Post Q3 2017 Earnings of $0.65 Per Share, DA Davidson Forecasts
www.americanbankingnews.com - May 8 at 8:30 AM
finance.yahoo.com logoEdited Transcript of WIRE earnings conference call or presentation 3-May-17 3:00pm GMT
finance.yahoo.com - May 6 at 3:36 PM
americanbankingnews.com logoResearch Analysts Issue Forecasts for Encore Wire Co.'s Q2 2017 Earnings (WIRE)
www.americanbankingnews.com - May 5 at 7:37 AM
americanbankingnews.com logoSomewhat Favorable Press Coverage Somewhat Likely to Affect Encore Wire (WIRE) Share Price
www.americanbankingnews.com - May 4 at 4:42 PM
reuters.com logoBRIEF-Encore Wire reports Q1 sales $279.4 million
www.reuters.com - May 3 at 11:59 PM
seekingalpha.com logoEncore Wire's (WIRE) CEO Daniel Jones on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 3 at 11:59 PM
americanbankingnews.com logoEncore Wire Co. (WIRE) Issues Earnings Results
www.americanbankingnews.com - May 3 at 4:58 PM
finance.yahoo.com logoEncore Wire Reports First Quarter Results
finance.yahoo.com - May 2 at 6:45 PM
marketbeat.com logoEncore Wire posts 1Q profit
marketbeat.com - May 2 at 6:38 PM
americanbankingnews.com logoEncore Wire (WIRE) Getting Somewhat Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 29 at 10:42 AM
finance.yahoo.com logoEncore Wire Corporation Earnings Release and Conference Call Announcement
finance.yahoo.com - April 28 at 1:47 AM
finance.yahoo.com logoEncore Wire Corp. (Delaware) breached its 50 day moving average in a Bullish Manner : WIRE-US : April 27, 2017
finance.yahoo.com - April 27 at 11:39 AM
businesswire.com logoEncore Consumer Capital Announces Sale of Thanasi Foods to Conagra Brands
www.businesswire.com - April 26 at 5:15 PM
americanbankingnews.com logoZacks Investment Research Downgrades Encore Wire Co. (WIRE) to Sell
www.americanbankingnews.com - April 26 at 5:04 PM
americanbankingnews.com logoSomewhat Critical Media Coverage Unlikely to Impact Encore Wire (WIRE) Share Price
www.americanbankingnews.com - April 26 at 8:18 AM
americanbankingnews.com logoAnalysts Anticipate Encore Wire Co. (WIRE) to Announce $0.51 Earnings Per Share
www.americanbankingnews.com - April 24 at 7:56 PM
americanbankingnews.com logoEncore Wire (WIRE) Earns Media Sentiment Score of -0.19
www.americanbankingnews.com - April 23 at 11:02 AM
seekingalpha.com logoReview Of Last Quarter's Short Call On Encore Wire, And Outlook For Q1 Report
seekingalpha.com - April 22 at 10:08 AM
bizjournals.com logoGlobal Power Cables Market 2017-2021
www.bizjournals.com - April 21 at 1:16 AM
finance.yahoo.com logoEncore Wire Corp. (Delaware) : WIRE-US: Dividend Analysis : April 07th, 2017 (record date) : By the numbers : April 14, 2017
finance.yahoo.com - April 14 at 3:24 PM
americanbankingnews.com logoEncore Wire (WIRE) Given Daily Coverage Optimism Rating of -0.36
www.americanbankingnews.com - April 14 at 7:50 AM
finance.yahoo.com logoEncore Wire Corp. (Delaware) – Value Analysis (NASDAQ:WIRE) : April 13, 2017
finance.yahoo.com - April 13 at 11:41 PM
americanbankingnews.com logoDA Davidson Equities Analysts Lower Earnings Estimates for Encore Wire Co. (WIRE)
www.americanbankingnews.com - April 13 at 7:32 AM
finance.yahoo.com logoEncore Wire Corp. (Delaware) breached its 50 day moving average in a Bullish Manner : WIRE-US : April 12, 2017
finance.yahoo.com - April 12 at 9:08 AM
seekingalpha.com logoLIFO Accounting Could Make Encore Wire Corp.'s Q3 Report Better Than Expected
seekingalpha.com - April 8 at 7:38 PM
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Chart

Encore Wire (WIRE) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff