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

Sign in or create an account to add this stock to your watchlist.
$57.88 +1.63 (+2.90 %)
(As of 02/21/2019 08:38 AM ET)
Previous Close$56.25
Today's Range$56.14 - $60.00
52-Week Range$40.96 - $60.00
Volume354,795 shs
Average Volume69,532 shs
Market Capitalization$1.21 billion
P/E Ratio15.48
Dividend Yield0.14%
Beta1.37
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.

Receive WIRE News and Ratings via Email

Sign-up to receive the latest news and ratings for WIRE and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.29 billion
Cash Flow$3.4679 per share
Book Value$30.81 per share

Profitability

Net Income$67.01 million

Miscellaneous

Employees1,235
Market Cap$1.21 billion
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 annualized dividend and a yield of 0.14%. The ex-dividend date is Thursday, January 3rd. View Encore Wire's Dividend History.

How were Encore Wire's earnings last quarter?

Encore Wire Co. (NASDAQ:WIRE) posted its earnings results on Tuesday, February, 19th. The electronics maker reported $1.20 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.47. The electronics maker had revenue of $319.73 million for the quarter, compared to the consensus estimate of $296.41 million. Encore Wire had a net margin of 6.06% and a return on equity of 11.61%. The firm's revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.36 earnings per share. 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, May 7th 2019. View Earnings Estimates for Encore Wire.

What price target have analysts set for WIRE?

2 brokers have issued 12-month price targets for Encore Wire's stock. Their forecasts range from $58.00 to $60.00. On average, they anticipate Encore Wire's stock price to reach $59.00 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price. View Analyst Price Targets for Encore Wire.

What is the consensus analysts' recommendation for Encore Wire?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Encore Wire in the last year. There are currently 1 hold rating and 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?

Media coverage about WIRE stock has trended positive on Thursday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Encore Wire earned a news impact score of 2.5 on InfoTrie's scale. They also assigned media coverage about the electronics maker a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate 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 56)
  • Mr. Frank J. Bilban, VP of Fin., Treasurer, Sec. & CFO (Age 63)
  • Mr. David K. Smith, VP of Operations (Age 59)
  • 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. (15.09%), Dimensional Fund Advisors LP (8.37%), Victory Capital Management Inc. (5.76%), Frontier Capital Management Co. LLC (5.12%), Barrow Hanley Mewhinney & Strauss LLC (4.39%) and Thrivent Financial for Lutherans (2.58%). 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., Granite Investment Partners LLC, First Trust Advisors LP, Royce & Associates LP, Millennium Management LLC, United Services Automobile Association, Barrow Hanley Mewhinney & Strauss LLC and Bank of New York Mellon Corp. 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., Thrivent Financial for Lutherans, Bank of America Corp DE, Prudential Financial Inc., New Amsterdam Partners LLC NY, Geode Capital Management LLC, Mackay Shields LLC and Rhumbline Advisers. 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 $57.88.

How big of a company is Encore Wire?

Encore Wire has a market capitalization of $1.21 billion and generates $1.29 billion in revenue each year. The electronics maker earns $67.01 million in net income (profit) each year or $3.74 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:  2.1 out of 5 (star star)
Outperform Votes:  210 (Vote Outperform)
Underperform Votes:  279 (Vote Underperform)
Total Votes:  489
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 2/21/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel