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

$56.30
-0.35 (-0.62 %)
(As of 02/19/2020 09:29 AM ET)
Today's Range
$55.67
Now: $56.30
$56.81
50-Day Range
$54.31
MA: $56.98
$59.62
52-Week Range
$49.04
Now: $56.30
$62.08
Volume105,477 shs
Average Volume83,150 shs
Market Capitalization$1.18 billion
P/E Ratio16.22
Dividend Yield0.14%
Beta1.41
Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. Its products include NM-B cables 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. Read More…

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$4.51 per share
Book Value$34.51 per share

Profitability

Net Income$78.15 million

Miscellaneous

Employees1,278
Market Cap$1.18 billion
Next Earnings Date2/19/2020 (Estimated)
OptionableOptionable

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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 13th. Investors of record on Friday, January 3rd will be paid a dividend of $0.02 per share on Friday, January 17th. This represents a $0.08 annualized dividend and a yield of 0.14%. The ex-dividend date is Thursday, January 2nd. View Encore Wire's Dividend History.

How were Encore Wire's earnings last quarter?

Encore Wire Co. (NASDAQ:WIRE) issued its quarterly earnings results on Tuesday, February, 18th. The electronics maker reported $0.50 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.82 by $0.32. The electronics maker had revenue of $302.25 million for the quarter, compared to the consensus estimate of $308.31 million. Encore Wire had a return on equity of 9.76% and a net margin of 5.62%. The business's revenue for the quarter was down 5.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.20 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 Wednesday, February 19th 2020. View Earnings Estimates 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 headlines about WIRE stock have been trending very positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of 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 3.5 on InfoTrie's scale. They also gave media headlines about the electronics maker a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View News Stories for Encore Wire.

Are investors shorting Encore Wire?

Encore Wire saw a increase in short interest in January. As of January 31st, there was short interest totalling 360,500 shares, an increase of 56.9% from the January 15th total of 229,700 shares. Based on an average trading volume of 102,300 shares, the days-to-cover ratio is currently 3.5 days. Currently, 1.8% of the company's shares are short sold. View Encore Wire's Current Options Chain.

Who are some of Encore Wire's key competitors?

What other stocks do shareholders of Encore Wire own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Encore Wire investors own include Verizon Communications (VZ), Lam Research (LRCX), NVIDIA (NVDA), AbbVie (ABBV), General Electric (GE), Helmerich & Payne (HP), Altria Group (MO), Occidental Petroleum (OXY), Phillips 66 (PSX) and AT&T (T).

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 variety of of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (5.13%), Victory Capital Management Inc. (5.08%), Barrow Hanley Mewhinney & Strauss LLC (3.72%), Janus Henderson Group PLC (3.46%), Thrivent Financial for Lutherans (3.01%) and State Street Corp (2.96%). Company insiders that own Encore Wire stock include Frank J Bilban and Matthew D Ford. View Institutional Ownership Trends for Encore Wire.

Which institutional investors are selling Encore Wire stock?

WIRE stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Hodges Capital Management Inc., Panagora Asset Management Inc., Oxford Asset Management LLP, Heartland Advisors Inc., Bank of Montreal Can, Renaissance Technologies LLC and Mutual of America Capital Management LLC. 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 institutional investors are buying Encore Wire stock?

WIRE stock was acquired by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Victory Capital Management Inc., Victory Capital Management Inc., Goldman Sachs Group Inc., UBS Group AG, Aviva PLC, Thrivent Financial for Lutherans and Great West Life Assurance Co. Can. 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, Robinhood, Fidelity and Charles Schwab.

What is Encore Wire's stock price today?

One share of WIRE stock can currently be purchased for approximately $56.30.

How big of a company is Encore Wire?

Encore Wire has a market capitalization of $1.18 billion and generates $1.29 billion in revenue each year. The electronics maker earns $78.15 million in net income (profit) each year or $3.74 on an earnings per share basis. Encore Wire employs 1,278 workers across the globe.View Additional Information About Encore Wire.

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:  245 (Vote Outperform)
Underperform Votes:  322 (Vote Underperform)
Total Votes:  567
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 2/19/2020 by MarketBeat.com Staff

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