Encore Wire Corporation Company Profile (NASDAQ:WIRE)

About Encore Wire Corporation (NASDAQ:WIRE)

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 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: Wires & Cables
  • Sub-Industry: Electrical Components & Equipment
  • Symbol: NASDAQ:WIRE
  • CUSIP: 29256210
  • Web: www.encorewire.com
Capitalization:
  • Market Cap: $920.57 million
  • Outstanding Shares: 20,757,000
Average Prices:
  • 50 Day Moving Avg: $40.98
  • 200 Day Moving Avg: $42.96
  • 52 Week Range: $33.70 - $49.75
P/E:
  • Trailing P/E Ratio: 22.43
  • Foreward P/E Ratio: 15.62
  • P/E Growth: 1.95
Sales & Book Value:
  • Annual Revenue: $1.05 billion
  • Price / Sales: 0.90
  • Book Value: $28.81 per share
  • Price / Book: 1.57
Dividend:
  • Annual Dividend: $0.08
  • Dividend Yield: 0.2%
Profitability:
  • EBIDTA: $78.58 million
  • Net Margins: 4.01%
  • Return on Equity: 7.42%
  • Return on Assets: 6.43%
Debt:
  • Current Ratio: 6.54%
  • Quick Ratio: 5.01%
Misc:
  • Average Volume: 74,962 shs.
  • Beta: 2.24
  • Short Ratio: 4.01
 

Frequently Asked Questions for Encore Wire Corporation (NASDAQ:WIRE)

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 announced a quarterly dividend on Wednesday, August 9th. Shareholders of record on Friday, October 6th will be given a dividend of $0.02 per share on Friday, October 20th. This represents a $0.08 dividend on an annualized basis and a yield of 0.18%. The ex-dividend date is Thursday, October 5th. View Encore Wire Corporation's Dividend History.

How were Encore Wire Corporation's earnings last quarter?

Encore Wire Corporation (NASDAQ:WIRE) issued its earnings results on Tuesday, August, 1st. The company reported $0.52 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.58 by $0.06. The business had revenue of $291.50 million for the quarter, compared to the consensus estimate of $282.25 million. Encore Wire Corporation had a return on equity of 7.42% and a net margin of 4.01%. The firm's revenue for the quarter was up 22.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.38 earnings per share. View Encore Wire Corporation's Earnings History.

When will Encore Wire Corporation make its next earnings announcement?

Encore Wire Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Encore Wire Corporation.

Who are some of Encore Wire Corporation's key competitors?

Who are Encore Wire Corporation's key executives?

Encore Wire Corporation's management team includes the folowing people:

  • Daniel L. Jones, Chairman of the Board, President, Chief Executive Officer
  • Frank J. Bilban, Chief Financial Officer, Vice President - Finance, Treasurer, Secretary
  • John H. Wilson, Lead Independent Director
  • Donald E. Courtney, Director
  • Gregory J. Fisher, Independent Director
  • William R. Thomas III, Independent Director
  • Scott D. Weaver, Independent Director

Who owns Encore Wire Corporation stock?

Encore Wire Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.97%), Vanguard Group Inc. (8.84%), Dimensional Fund Advisors LP (8.40%), Victory Capital Management Inc. (6.47%), Hodges Capital Management Inc. (5.09%) and Frontier Capital Management Co. LLC (5.08%). View Institutional Ownership Trends for Encore Wire Corporation.

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 Kennedy Capital Management Inc., First Trust Advisors LP, Ameriprise Financial Inc., BlackRock Inc., Victory Capital Management Inc., Comerica Bank, NGAM Advisors L.P. and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Encore Wire Corporation.

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

Encore Wire Corporation's stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Thrivent Financial For Lutherans, Vanguard Group Inc., Hodges Capital Management Inc., Prudential Financial Inc., Heartland Advisors Inc., Teachers Advisors LLC and State Street Corp. View Insider Buying and Selling for Encore Wire Corporation.

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.

What is Encore Wire Corporation's stock price today?

One share of Encore Wire Corporation stock can currently be purchased for approximately $45.30.


MarketBeat Community Rating for Encore Wire Corporation (NASDAQ WIRE)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  67 (Vote Outperform)
Underperform Votes:  120 (Vote Underperform)
Total Votes:  187
MarketBeat's community ratings are surveys of what our community members think about Encore Wire Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Encore Wire Corporation (NASDAQ:WIRE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A

Analysts' Ratings History for Encore Wire Corporation (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 9/19/2015 forward)

Earnings

Earnings History for Encore Wire Corporation (NASDAQ:WIRE)
Earnings by Quarter for Encore Wire Corporation (NASDAQ:WIRE)
Earnings History by Quarter for Encore Wire Corporation (NASDAQ WIRE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017        
8/1/2017Q2 2017$0.58$0.52$282.25 million$291.50 millionViewListenView Earnings Details
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 Corporation (NASDAQ:WIRE)
2017 EPS Consensus Estimate: $2.11
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.51$0.51$0.51
Q2 20171$0.58$0.58$0.58
Q3 20171$0.55$0.55$0.55
Q4 20171$0.47$0.47$0.47
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Encore Wire Corporation (NASDAQ:WIRE)
Next Dividend:10/20/2017
Annual Dividend:$0.08
Dividend Yield:0.18%
Payout Ratio:3.98% (Trailing 12 Months of Earnings)
3.64% (Based on This Year's Estimates)
2.76% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Encore Wire Corporation (NASDAQ:WIRE)

Dividend History by Quarter for Encore Wire Corporation (NASDAQ WIRE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/9/2017quarterly$0.020.2%10/5/201710/6/201710/20/2017
6/12/2017quarterly$0.020.19%7/5/20177/7/20177/21/2017
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 Corporation (NASDAQ:WIRE)
Insider Ownership Percentage: 3.79%
Institutional Ownership Percentage: 89.13%
Insider Trades by Quarter for Encore Wire Corporation (NASDAQ:WIRE)
Institutional Ownership by Quarter for Encore Wire Corporation (NASDAQ:WIRE)
Insider Trades by Quarter for Encore Wire Corporation (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 Corporation (NASDAQ:WIRE)
Latest Headlines for Encore Wire Corporation (NASDAQ:WIRE)
Source:
DateHeadline
americanbankingnews.com logoHead-To-Head Comparison: Encore Wire Corporation (WIRE) and Insteel Industries (IIIN)
www.americanbankingnews.com - September 19 at 12:56 PM
americanbankingnews.com logoZacks: Encore Wire Corporation (WIRE) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - September 15 at 2:30 PM
finance.yahoo.com logoEncore Wire Presenting at D.A. Davidson 16th Annual Engineering & Construction Conference
finance.yahoo.com - September 13 at 9:14 PM
finance.yahoo.com logoEncore Wire Corp. (Delaware) breached its 50 day moving average in a Bullish Manner : WIRE-US : September 12, 2017
finance.yahoo.com - September 12 at 12:16 PM
americanbankingnews.com logo Encore Wire Corporation (WIRE) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - September 11 at 10:32 PM
americanbankingnews.com logoInsteel Industries (IIIN) and Encore Wire Corporation (WIRE) Head-To-Head Review
www.americanbankingnews.com - September 11 at 1:08 PM
americanbankingnews.com logoEncore Wire (WIRE) vs. Insteel Industries (IIIN) Critical Contrast
www.americanbankingnews.com - September 10 at 8:24 PM
americanbankingnews.com logoReviewing Encore Wire Corporation (WIRE) & Insteel Industries (IIIN)
www.americanbankingnews.com - September 9 at 8:12 PM
americanbankingnews.com logoInsteel Industries (IIIN) versus Encore Wire Corporation (WIRE) Financial Review
www.americanbankingnews.com - September 9 at 6:22 PM
americanbankingnews.com logoHead-To-Head Contrast: Encore Wire Corporation (WIRE) vs. Insteel Industries (IIIN)
www.americanbankingnews.com - September 8 at 4:28 AM
americanbankingnews.com logoFinancial Contrast: Encore Wire Corporation (WIRE) versus Insteel Industries (IIIN)
www.americanbankingnews.com - September 6 at 6:26 PM
americanbankingnews.com logoEncore Wire Corporation (WIRE) and Insteel Industries (IIIN) Critical Contrast
www.americanbankingnews.com - September 6 at 8:38 AM
americanbankingnews.com logoEncore Wire Corporation (WIRE) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - September 5 at 10:26 AM
americanbankingnews.com logoCritical Analysis: Insteel Industries (IIIN) vs. Encore Wire Corporation (WIRE)
www.americanbankingnews.com - September 2 at 12:28 AM
finance.yahoo.com logoEncore Wire Corp. (Delaware) breached its 50 day moving average in a Bullish Manner : WIRE-US : September 1, 2017
finance.yahoo.com - September 1 at 11:11 AM
americanbankingnews.com logoHead to Head Survey: Encore Wire Corporation (WIRE) and Insteel Industries (IIIN)
www.americanbankingnews.com - August 30 at 10:24 PM
americanbankingnews.com logoInsteel Industries (IIIN) versus Encore Wire Corporation (WIRE) Head-To-Head Comparison
www.americanbankingnews.com - August 30 at 8:16 PM
americanbankingnews.com logoFinancial Analysis: Encore Wire Corporation (WIRE) & Insteel Industries (IIIN)
www.americanbankingnews.com - August 28 at 10:44 AM
americanbankingnews.com logoFinancial Contrast: Insteel Industries (IIIN) & Encore Wire Corporation (WIRE)
www.americanbankingnews.com - August 25 at 10:06 PM
americanbankingnews.com logoEncore Wire Corporation (WIRE) Raised to "Hold" at Zacks Investment Research
www.americanbankingnews.com - August 25 at 9:42 AM
finance.yahoo.com logoEncore Wire Corp. (Delaware) : WIRE-US: Dividend Analysis : July 07th, 2017 (record date) : By the numbers : August 21, 2017
finance.yahoo.com - August 23 at 1:58 PM
americanbankingnews.com logoBrokerages Expect Encore Wire Corporation (WIRE) to Post $0.55 Earnings Per Share
www.americanbankingnews.com - August 21 at 8:36 AM
finance.yahoo.com logoEncore Wire Corp. (Delaware) – Value Analysis (NASDAQ:WIRE) : August 17, 2017
finance.yahoo.com - August 17 at 9:21 AM
americanbankingnews.com logoZacks: Encore Wire Corporation (WIRE) Receives Average Recommendation of "" from Analysts
www.americanbankingnews.com - August 15 at 4:36 PM
americanbankingnews.com logoEncore Wire Corporation (NASDAQ:WIRE) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - August 15 at 12:28 AM
americanbankingnews.com logo Encore Wire Corporation (NASDAQ:WIRE) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - August 10 at 3:20 PM
americanbankingnews.com logoEncore Wire Corporation to Issue Quarterly Dividend of $0.02 (NASDAQ:WIRE)
www.americanbankingnews.com - August 9 at 6:07 PM
americanbankingnews.com logoEncore Wire Corporation (NASDAQ:WIRE) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - August 8 at 2:36 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Encore Wire Corporation (WIRE) Lowered by DA Davidson
www.americanbankingnews.com - August 7 at 7:12 AM
finance.yahoo.com logoInvestor Network: Encore Wire Corporation to Host Earnings Call
finance.yahoo.com - August 3 at 8:51 AM
finance.yahoo.com logoEdited Transcript of WIRE earnings conference call or presentation 2-Aug-17 3:00pm GMT
finance.yahoo.com - August 3 at 8:51 AM
americanbankingnews.com logoEncore Wire Corporation (NASDAQ:WIRE) Announces Quarterly Earnings Results
www.americanbankingnews.com - August 2 at 12:40 PM
finance.yahoo.com logoEncore Wire Reports Second Quarter Results
finance.yahoo.com - August 2 at 8:42 AM
finance.yahoo.com logoEncore Wire posts 2Q profit
finance.yahoo.com - August 2 at 8:42 AM
finance.yahoo.com logoETFs with exposure to Encore Wire Corp. (Delaware) : July 25, 2017
finance.yahoo.com - July 26 at 10:02 AM
finance.yahoo.com logoETFs with exposure to Encore Wire Corp. (Delaware) : July 25, 2017
finance.yahoo.com - July 26 at 10:02 AM
americanbankingnews.com logoBrokerages Expect Encore Wire Corporation (NASDAQ:WIRE) to Post $0.58 Earnings Per Share
www.americanbankingnews.com - July 25 at 10:40 AM
finance.yahoo.com logoETFs with exposure to Encore Wire Corp. (Delaware) : July 14, 2017
finance.yahoo.com - July 15 at 9:38 AM
finance.yahoo.com logoEncore Wire Corp. (Delaware) breached its 50 day moving average in a Bearish Manner : WIRE-US : July 11, 2017
finance.yahoo.com - July 11 at 9:36 AM
americanbankingnews.com logoZacks: Encore Wire Corporation (NASDAQ:WIRE) Given $46.83 Consensus Price Target by Brokerages
www.americanbankingnews.com - July 10 at 7:38 AM
americanbankingnews.com logoEncore Wire Corporation (NASDAQ:WIRE) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - July 9 at 6:38 PM
bloomberg.com logoBuffett's Unsexy Oncor Deal Needs an Encore
www.bloomberg.com - July 8 at 8:27 AM
nasdaq.com logoEx-Dividend Reminder: Raven Industries, Encore Wire Corp. and Monsanto
www.nasdaq.com - July 4 at 8:49 AM
finance.yahoo.com logoEncore Wire Corp. (Delaware) breached its 50 day moving average in a Bullish Manner : WIRE-US : June 26, 2017
finance.yahoo.com - June 26 at 3:21 PM
americanbankingnews.com logoZacks: Analysts Set $46.83 Target Price for Encore Wire Corporation (WIRE)
www.americanbankingnews.com - June 23 at 12:16 PM
finance.yahoo.com logoETFs with exposure to Encore Wire Corp. (Delaware) : June 22, 2017
finance.yahoo.com - June 22 at 7:47 PM
finance.yahoo.com logoEncore Wire Corp. (Delaware) :WIRE-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017
finance.yahoo.com - June 22 at 2:44 PM
finance.yahoo.com logoEncore Wire Corp. (Delaware) breached its 50 day moving average in a Bullish Manner : WIRE-US : June 16, 2017
finance.yahoo.com - June 17 at 7:16 AM
americanbankingnews.com logoEncore Wire Corporation (WIRE) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - June 14 at 2:18 PM
americanbankingnews.com logoEncore Wire Corporation (WIRE) Announces $0.02 Quarterly Dividend
www.americanbankingnews.com - June 12 at 5:42 PM

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Chart

Encore Wire Corporation (WIRE) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff