Encore Wire Corporation Company Profile (NASDAQ:WIRE)

About Encore Wire Corporation

Encore Wire Corporation 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 operates in the manufacture of 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 segment. The Company offers an electrical building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2 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. The Company sells its products primarily through approximately 30 manufacturers' representatives located across the United States.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Diversified Electronics
  • Sub-Industry: Electrical Components & Equipment
  • Exchange: NASDAQ
  • Symbol: WIRE
  • CUSIP: 29256210
Key Metrics:
  • Previous Close: $47.85
  • 50 Day Moving Average: $42.97
  • 200 Day Moving Average: $39.79
  • 52-Week Range: $33.00 - $48.45
  • Trailing P/E Ratio: 29.36
  • Foreward P/E Ratio: 15.69
  • P/E Growth: 1.88
  • Market Cap: $991.83M
  • Outstanding Shares: 20,728,000
  • Beta: 2.04
Profitability:
  • Net Margins: 3.51%
  • Return on Equity: 6.25%
  • Return on Assets: 5.45%
Debt:
  • Current Ratio: 7.01%
  • Quick Ratio: 5.21%
Additional Links:
Companies Related to Encore Wire Corporation:

Analyst Ratings

Consensus Ratings for Encore Wire Corporation (NASDAQ:WIRE) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $45.50 (4.91% downside)

Analysts' Ratings History for Encore Wire Corporation (NASDAQ:WIRE)
Show:
DateFirmActionRatingPrice TargetDetails
9/19/2016DA DavidsonReiterated RatingHoldView Rating Details
7/28/2016SidotiDowngradeBuy -> Neutral$46.00 -> $44.00View Rating Details
5/31/2016Singular ResearchInitiated CoverageBuy$47.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Encore Wire Corporation (NASDAQ:WIRE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
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 Corporation (NASDAQ:WIRE)
Current Year EPS Consensus Estimate: $2.55 EPS
Next Year EPS Consensus Estimate: $3.05 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.48$0.48$0.48
Q2 20161$0.54$0.54$0.54
Q3 20161$0.76$0.76$0.76
Q4 20161$0.35$0.35$0.35
Q1 20171$0.40$0.40$0.40
Q2 20171$0.51$0.51$0.51
Q3 20171$0.54$0.54$0.54
Q4 20171$0.51$0.51$0.51
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Encore Wire Corporation (NASDAQ:WIRE)
Annual Dividend:$0.08
Dividend Yield:0.17%
Payout Ratio:4.97% (Based on Trailing 12 Months of Earnings)
3.14% (Based on Current Year Consensus EPS Estimate)
2.62% (Based on Next Year Consensus EPS Estimate)

Dividend History for Encore Wire Corporation (NASDAQ:WIRE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Encore Wire Corporation (NASDAQ:WIRE)
Insider Ownership Percentage: 3.80%
Institutional Ownership Percentage: 88.46%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Encore Wire Corporation (NASDAQ:WIRE)
DateHeadline
uk.finance.yahoo.com logoTop 3 Trends Impacting the Global Assisted Reproductive Technology Market Through 2021: Technavio (NASDAQ:WIRE)
us.rd.yahoo.com - February 20 at 7:38 PM
uk.finance.yahoo.com logoFavorable Legislation to Boost the Global Automotive Anti-lock Braking System Market Through 2021, Says Technavio (NASDAQ:WIRE)
us.rd.yahoo.com - February 20 at 7:38 PM
uk.finance.yahoo.com logoTechnological Advances to Boost the Global Blood Glucose Monitoring Devices Market Through 2021, Says Technavio (NASDAQ:WIRE)
us.rd.yahoo.com - February 20 at 7:38 PM
uk.finance.yahoo.com logoGlobal Contactless POS Terminals Market to Grow at a CAGR of 26% Through 2021, Reports Technavio (NASDAQ:WIRE)
us.rd.yahoo.com - February 20 at 7:38 PM
uk.finance.yahoo.com logoIncreasing Demand for Data Centers to Boost the Global Data Center Cooling Solutions Market Through 2021, Reports Technavio (NASDAQ:WIRE)
us.rd.yahoo.com - February 20 at 7:38 PM
uk.finance.yahoo.com logoGrowing Demand for Eco-friendly Transportation to Boost the Global E-bike Market Through 2021: Technavio (NASDAQ:WIRE)
us.rd.yahoo.com - February 20 at 7:38 PM
uk.finance.yahoo.com logoTop 6 Vendors in the Global Flat Glass Processing Machinery Market from 2017 to 2021: Technavio (NASDAQ:WIRE)
us.rd.yahoo.com - February 20 at 7:38 PM
uk.finance.yahoo.com logoTop 3 Trends Impacting the Global Antifungal Drugs Market Through 2021: Technavio (NASDAQ:WIRE)
us.rd.yahoo.com - February 20 at 7:38 PM
uk.finance.yahoo.com logoExpansion of Machine Tools Market to Boost the Global Gear Pump Market Through 2021, Reports Technavio (NASDAQ:WIRE)
us.rd.yahoo.com - February 20 at 7:38 PM
uk.finance.yahoo.com logoPanasonic Set for Take Off at MWC (NASDAQ:WIRE)
uk.finance.yahoo.com - February 20 at 8:10 AM
News IconEncore Wire Sales Down 7.6% in 2016 (NASDAQ:WIRE)
www.mdm.com - February 17 at 5:12 PM
seekingalpha.com logoEncore Wire's (WIRE) CEO Daniel Jones on Q4 2016 Results - Earnings Call Transcript (NASDAQ:WIRE)
seekingalpha.com - February 17 at 5:12 PM
marketexclusive.com logoENCORE WIRE CORPORATION (NASDAQ:WIRE) Files An 8-K Results of Operations and Financial Condition (NASDAQ:WIRE)
marketexclusive.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoGlobal Hydraulic Press Machine Market Driven by Increasing Investments Towards Improvement of Transportation Infrastructure: Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoTop 5 Vendors in the Global Industrial Monitors Market from 2017-2021: Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoTop 5 Vendors in the Global Industrial Valves Market in the Oil and Gas Industry from 2017-2021: Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoGlobal Arc Welding Equipment Market Driven by Swiftly Growing End-user Industries in APAC: Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoCost Saving Opportunities for the Global IT Infrastructure Services: Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoCosmetic Facial Fillers Increasingly Being Used to Treat Chronic Disease: Infiniti Research (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoGlobal Mobile Application Testing Services Market - Drivers and Forecast from Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoTop 3 Emerging Trends Impacting the Global Pneumatic Seal Market from 2017-2021: Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoTop 3 Emerging Trends Impacting the Global Pressure Regulator Market for Upstream Applications from 2017-2021: Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoTop 3 Emerging Trends Impacting the Global Robotic Pharmacy Prescription Dispensing Systems Market From 2017-2021: Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoQuantzig Announces Top 10 Data Analytics Trends for 2017 (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoGlobal Ultrasonic Cleaning Equipment Market Driven by the Need for Clean Medical Devices in the Healthcare Industry: Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoGlobal Pharmaceutical Industry - SpendEdge Procurement Analysts Say Old Business Models Should Get a Makeover (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoGlobal Wireless Building Management Solutions Market - Drivers and Forecast from Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoGlobal Wireless Video Surveillance Market - Drivers and Forecast From Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 5:12 PM
uk.finance.yahoo.com logoTop 3 Emerging Trends Impacting the Global MRI Systems Market from 2017-2021: Technavio (NASDAQ:WIRE)
us.rd.yahoo.com - February 17 at 7:26 AM
uk.finance.yahoo.com logoGlobal Polyethylene Terephthalate Market - Drivers and Forecast From Technavio (NASDAQ:WIRE)
us.rd.yahoo.com - February 17 at 7:26 AM
uk.finance.yahoo.com logoWi-Fi Extender Market - Drivers and Forecast From Technavio (NASDAQ:WIRE)
us.rd.yahoo.com - February 17 at 7:26 AM
us.rd.yahoo.com logoEncore Wire Reports Fourth Quarter Results (NASDAQ:WIRE)
us.rd.yahoo.com - February 17 at 7:26 AM
us.rd.yahoo.com logo4:10 pm Encore Wire beats by $0.20, misses on revs (NASDAQ:WIRE)
us.rd.yahoo.com - February 17 at 7:26 AM
biz.yahoo.com logoENCORE WIRE CORP Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:WIRE)
us.rd.yahoo.com - February 17 at 7:26 AM
sg.finance.yahoo.com logoEncore Wire posts 4Q profit (NASDAQ:WIRE)
sg.finance.yahoo.com - February 17 at 7:26 AM
uk.finance.yahoo.com logoSupply Chain Risk Assessment: SpendEdge’s Guide to Stay Ahead of the Curve (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 7:26 AM
uk.finance.yahoo.com logoCORRECTING and REPLACING Healthcare Packaging Segments Continue to Grow and Increase Patient Safety Worldwide: Infiniti Research (NASDAQ:WIRE)
uk.finance.yahoo.com - February 17 at 7:26 AM
uk.finance.yahoo.com logoTomTom Launches Traffic Data Sharing Tool for Cities and Mobility Stakeholders (NASDAQ:WIRE)
uk.finance.yahoo.com - February 15 at 2:01 AM
uk.finance.yahoo.com logoBizVibe: Research and Innovation Creating New Trends in Textile Industry (NASDAQ:WIRE)
uk.finance.yahoo.com - February 14 at 9:00 PM
uk.finance.yahoo.com logoTop 3 Trends Impacting the Global Automotive Rain Sensing Wiper System Market Through 2021: Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 14 at 4:00 PM
uk.finance.yahoo.com logoStrong Growth in SUV Segment in China to Boost the Global Automotive Terrain Response System Market Through 2021, Reports Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 14 at 4:00 PM
uk.finance.yahoo.com logoTop 3 Trends Impacting the Global Beverage Packaging Market Through 2021: Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 14 at 4:00 PM
uk.finance.yahoo.com logoGlobal Emulsifier Market to Witness Growth Through 2021, Owing to Increasing Demand for Convenience Foods: Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 14 at 4:00 PM
uk.finance.yahoo.com logoTop 3 Trends Impacting the Global Engineered Gearbox and Drives Market Through 2021: Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 14 at 4:00 PM
uk.finance.yahoo.com logoGrowing Pharmaceutical Industry to Boost Demand for the Global Filtration Paper Market Through 2021, Says Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 14 at 4:00 PM
uk.finance.yahoo.com logoGlobal Gas Station Equipment Market to Witness Growth Through 2021, Owing to an Increase in International Trade and Tourism: Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 14 at 4:00 PM
uk.finance.yahoo.com logoNeed to Reduce Threat of Biohazards Will Boost the Global Green Chelating Agents Market Through 2021, Reports Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 14 at 4:00 PM
uk.finance.yahoo.com logoGlobal Healthcare Cloud Computing Market Predicted to Grow at a CAGR of Over 21% Through 2021: Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 14 at 4:00 PM
uk.finance.yahoo.com logoTrinseo Brings Synthetic Rubber R&D Experts to Tire Technology Expo (NASDAQ:WIRE)
uk.finance.yahoo.com - February 14 at 4:00 PM
uk.finance.yahoo.com logoStringent Industrial Regulations to Boost the Global High-integrity Pressure Protection System Market Through 2021, Says Technavio (NASDAQ:WIRE)
uk.finance.yahoo.com - February 14 at 4:00 PM

Social

What is Encore Wire Corporation's stock symbol?

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

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

Encore Wire Corporation declared a quarterly dividend on Tuesday, December 13th. Stockholders of record on Friday, January 6th will be paid a dividend of $0.02 per share on Friday, January 20th. 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 Wednesday, January 4th.

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

3 equities research analysts have issued 1-year price objectives for Encore Wire Corporation's shares. Their forecasts range from $44.00 to $47.00. On average, they expect Encore Wire Corporation's stock price to reach $45.50 in the next year.

When will Encore Wire Corporation announce their earnings?

Encore Wire Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

Who owns Encore Wire Corporation stock?

Encore Wire Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.44%), Barrow Hanley Mewhinney & Strauss LLC (5.90%), Frontier Capital Management Co. LLC (5.00%), Hodges Capital Management Inc. (3.91%), Advisory Research Inc. (3.61%) and Royce & Associates LP (3.19%). Company insiders that own Encore Wire Corporation stock include Gregory J Fisher and William R Thomas III.

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

Encore Wire Corporation's stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Hodges Capital Management Inc., Cortina Asset Management LLC, Franklin Resources Inc., Advisory Research Inc., Barrow Hanley Mewhinney & Strauss LLC, Two Sigma Investments LP and GSA Capital Partners LLP.

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

Encore Wire Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Frontier Capital Management Co. LLC, State Street Corp, Guggenheim Capital LLC, Forest Hill Capital LLC, Allianz Asset Management AG, Keybank National Association OH and Comerica Bank. Company insiders that have bought Encore Wire Corporation stock in the last two years include Gregory J Fisher and William R Thomas III.

How do I buy Encore Wire Corporation stock?

Shares of Encore Wire Corporation 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 Corporation stock cost?

One share of Encore Wire Corporation stock can currently be purchased for approximately $47.85.

Encore Wire Corporation (NASDAQ:WIRE) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Encore Wire Corporation (NASDAQ:WIRE)

Earnings History Chart

Earnings by Quarter for Encore Wire Corporation (NASDAQ:WIRE)

Dividend History Chart

Dividend Payments by Quarter for Encore Wire Corporation (NASDAQ:WIRE)

Last Updated on 2/20/2017 by MarketBeat.com Staff