NASDAQ:WIRE - Encore Wire Stock Price, Price Target & More

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$49.05 -0.10 (-0.20 %)
(As of 07/20/2018 01:02 AM ET)
Previous Close$49.15
Today's Range$48.85 - $49.10
52-Week Range$37.30 - $58.70
Volume34,800 shs
Average Volume75,752 shs
Market Capitalization$1.01 billion
P/E Ratio18.79
Dividend Yield0.16%
Beta2
Encore Wire logoEncore 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
SymbolNASDAQ:WIRE
CUSIP29256210
Phone972-562-9473

Debt

Debt-to-Equity RatioN/A
Current Ratio6.57
Quick Ratio5.20

Price-To-Earnings

Trailing P/E Ratio18.79
Forward P/E Ratio17.39
P/E Growth1.72

Sales & Book Value

Annual Sales$1.16 billion
Price / Sales0.88
Cash Flow$3.4063 per share
Price / Cash14.40
Book Value$30.81 per share
Price / Book1.59

Profitability

EPS (Most Recent Fiscal Year)$2.61
Net Income$67.01 million
Net Margins5.50%
Return on Equity8.34%
Return on Assets7.25%

Miscellaneous

Employees1,235
Outstanding Shares20,840,000
Market Cap$1,011.98

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 Thursday, June 28th. Stockholders of record on Friday, July 6th will be paid a dividend of $0.02 per share on Friday, July 20th. This represents a $0.08 annualized dividend and a dividend yield of 0.16%. The ex-dividend date is Thursday, July 5th. View Encore Wire's Dividend History.

How were Encore Wire's earnings last quarter?

Encore Wire Co. (NASDAQ:WIRE) posted its quarterly earnings data on Wednesday, May, 2nd. The electronics maker reported $0.54 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.67 by $0.13. The electronics maker had revenue of $291.40 million for the quarter, compared to the consensus estimate of $321.65 million. Encore Wire had a net margin of 5.50% and a return on equity of 8.34%. The company's revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.65 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, August, 7th 2018. View Earnings Estimates for Encore Wire.

What price target have analysts set for WIRE?

2 brokers have issued twelve-month price targets for Encore Wire's shares. Their forecasts range from $54.00 to $58.00. On average, they expect Encore Wire's stock price to reach $56.00 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price. View Analyst Ratings 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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. and Controller

Has Encore Wire been receiving favorable news coverage?

News coverage about WIRE stock has trended somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Encore Wire earned a news impact score of 0.14 on Accern's scale. They also gave media coverage about the electronics maker an impact score of 46.56 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are Encore Wire's major shareholders?

Encore Wire's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Foundry Partners LLC (0.05%) and Municipal Employees Retirement System of Michigan (0.04%). 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 Municipal Employees Retirement System of Michigan. 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 Foundry Partners 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 $49.05.

How big of a company is Encore Wire?

Encore Wire has a market capitalization of $1.01 billion 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.

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:  177 (Vote Outperform)
Underperform Votes:  224 (Vote Underperform)
Total Votes:  401
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 7/20/2018 by MarketBeat.com Staff

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