NASDAQ:WIRE - Encore Wire Stock Price, News, & Analysis

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$47.49 +0.47 (+1.00 %)
(As of 12/10/2018 04:00 PM ET)
Previous Close$47.02
Today's Range$46.28 - $47.54
52-Week Range$40.96 - $58.70
Volume59,400 shs
Average Volume73,426 shs
Market Capitalization$981.74 million
P/E Ratio18.16
Dividend Yield0.17%
Beta1.7
Encore Wire Corporation manufactures and sells electrical building wire and cable products for interior electrical wiring in the United States. Its products include NM-B cable for use as interior wiring in homes, apartments, and manufactured housing; THHN/THWN-2, metal-clad, and armored cables for use primarily as wiring in commercial and industrial buildings; UF-B cables; XHHW-2 cables; RHH/RHW-2 cables; and other types of wire products. The company markets its products primarily through independent manufacturers' representatives to wholesale electrical distributors. Encore Wire Corporation was founded in 1989 and is headquartered in McKinney, Texas.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Rolling, drawing, & extruding of nonferrous metals
Sub-IndustryElectrical Components & Equipment
SectorIndustrial Products
Current SymbolNASDAQ:WIRE
Previous Symbol
CUSIP29256210
Phone972-562-9473

Debt

Debt-to-Equity RatioN/A
Current Ratio6.17
Quick Ratio4.99

Price-To-Earnings

Trailing P/E Ratio18.16
Forward P/E Ratio14.52
P/E Growth1.44

Sales & Book Value

Annual Sales$1.16 billion
Price / Sales0.85
Cash Flow$3.4043 per share
Price / Cash Flow13.95
Book Value$30.81 per share
Price / Book1.54

Profitability

EPS (Most Recent Fiscal Year)$2.61
Net Income$67.01 million
Net Margins6.42%
Return on Equity10.39%
Return on Assets9.12%

Miscellaneous

Employees1,235
Outstanding Shares20,880,000
Market Cap$981.74 million
OptionableOptionable

Encore Wire (NASDAQ:WIRE) Frequently Asked Questions

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 Wednesday, November 14th. Shareholders of record on Friday, January 4th will be paid a dividend of $0.02 per share on Friday, January 18th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.17%. The ex-dividend date of this dividend is Thursday, January 3rd. View Encore Wire's Dividend History.

How were Encore Wire's earnings last quarter?

Encore Wire Co. (NASDAQ:WIRE) issued its earnings results on Tuesday, October, 30th. The electronics maker reported $1.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.71 by $0.42. The electronics maker had revenue of $340.70 million for the quarter, compared to analyst estimates of $302.86 million. Encore Wire had a net margin of 6.42% and a return on equity of 10.39%. Encore Wire's quarterly revenue was up 16.7% on a year-over-year basis. During the same period last year, the business earned $0.67 EPS. View Encore Wire's Earnings History.

When is Encore Wire's next earnings date?

Encore Wire is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Encore Wire.

What price target have analysts set for WIRE?

1 analysts have issued 1 year price targets for Encore Wire's shares. Their forecasts range from $60.00 to $60.00. On average, they anticipate Encore Wire's share price to reach $60.00 in the next year. This suggests a possible upside of 26.3% from the stock's current price. View Analyst Price Targets for Encore Wire.

What is the consensus analysts' recommendation for Encore Wire?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Encore Wire in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Encore Wire.

Has Encore Wire been receiving favorable news coverage?

News articles about WIRE stock have trended very positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Encore Wire earned a media sentiment score of 3.9 on InfoTrie's scale. They also gave news articles about the electronics maker a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near future.

Who are some of Encore Wire's key competitors?

Who are Encore Wire's key executives?

Encore Wire's management team includes the folowing people:
  • Mr. Daniel L. Jones, Chairman, Pres & CEO (Age 55)
  • Mr. Frank J. Bilban, VP of Fin., Treasurer, Sec. & CFO (Age 62)
  • Mr. David K. Smith, VP of Operations (Age 58)
  • Mr. Kevin M. Keiffer, VP of Sales & Marketing
  • Mr. Matthew D. Ford, Assistant Sec. & Controller

Who are Encore Wire's major shareholders?

Encore Wire's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.00%), Vanguard Group Inc. (9.48%), Victory Capital Management Inc. (5.75%), Frontier Capital Management Co. LLC (5.13%), Janus Henderson Group PLC (5.02%) and Hodges Capital Management Inc. (2.42%). Company insiders that own Encore Wire stock include Frank J Bilban and Matthew D Ford. View Institutional Ownership Trends for Encore Wire.

Which major investors are selling Encore Wire stock?

WIRE stock was sold by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., Royce & Associates LP, Janus Henderson Group PLC, Heartland Advisors Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., First Dallas Securities Inc. and Russell Investments Group Ltd.. Company insiders that have sold Encore Wire company stock in the last year include Frank J Bilban and Matthew D Ford. View Insider Buying and Selling for Encore Wire.

Which major investors are buying Encore Wire stock?

WIRE stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Matarin Capital Management LLC, Wells Fargo & Company MN, Frontier Capital Management Co. LLC, AQR Capital Management LLC, Vanguard Group Inc., Morgan Stanley and Putnam Investments LLC. View Insider Buying and Selling for Encore Wire.

How do I buy shares of Encore Wire?

Shares of WIRE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Encore Wire's stock price today?

One share of WIRE stock can currently be purchased for approximately $47.49.

How big of a company is Encore Wire?

Encore Wire has a market capitalization of $981.74 million and generates $1.16 billion in revenue each year. The electronics maker earns $67.01 million in net income (profit) each year or $2.61 on an earnings per share basis. Encore Wire employs 1,235 workers across the globe.

What is Encore Wire's official website?

The official website for Encore Wire is http://www.encorewire.com.

How can I contact Encore Wire?

Encore Wire's mailing address is 1329 MILLWOOD ROAD, MCKINNEY TX, 75069. The electronics maker can be reached via phone at 972-562-9473.


MarketBeat Community Rating for Encore Wire (NASDAQ WIRE)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  204 (Vote Outperform)
Underperform Votes:  260 (Vote Underperform)
Total Votes:  464
MarketBeat's community ratings are surveys of what our community members think about Encore Wire and other stocks. Vote "Outperform" if you believe WIRE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WIRE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/10/2018 by MarketBeat.com Staff

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