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

Encore Wire trades on the NASDAQ under the ticker symbol "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 dividend on an annualized basis and a dividend yield of 0.16%. The ex-dividend date of this dividend is Thursday, July 5th. View Encore Wire's Dividend History.

Encore Wire Co. (NASDAQ:WIRE) issued its quarterly earnings results on Wednesday, May, 2nd. The electronics maker reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by $0.13. The electronics maker earned $291.40 million during the quarter, compared to analysts' expectations of $321.65 million. Encore Wire had a net margin of 5.50% and a return on equity of 8.34%. Encore Wire's quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the business posted $0.65 EPS. View Encore Wire's Earnings History.

Encore Wire is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Encore Wire.

2 analysts have issued 1 year price targets for Encore Wire's shares. Their predictions range from $54.00 to $58.00. On average, they expect Encore Wire's share price to reach $56.00 in the next year. This suggests a possible upside of 15.0% from the stock's current price. View Analyst Ratings 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."

Some companies that are related to Encore Wire include Kaiser Aluminum (KALU), Mueller Industries (MLI), Tredegar (TG), Global Brass and Copper (BRSS), Quanex Building Products (NX) and Lihua International (LIWA).

News headlines about WIRE stock have trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Encore Wire earned a news sentiment score of 0.09 on Accern's scale. They also gave news coverage about the electronics maker an impact score of 45.97 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Encore Wire's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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.

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.

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.

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.

One share of WIRE stock can currently be purchased for approximately $48.70.

Encore Wire has a market capitalization of $1.02 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.

Encore Wire's mailing address is 1329 MILLWOOD ROAD, MCKINNEY TX, 75069. The electronics maker can be reached via phone at 972-562-9473.