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.
Industry, Sector and Symbol
Industry Rolling, drawing, & extruding of nonferrous metals
Sub-IndustryElectrical Components & Equipment
SectorIndustrial Products
Phone972-562-9473
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.29 billion
Profitability
Miscellaneous
Employees1,278
Next Earnings Date5/7/2019 (Estimated)
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 announced a quarterly dividend on Monday, February 25th. Investors of record on Thursday, April 4th will be paid a dividend of $0.02 per share on Thursday, April 18th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.13%. The ex-dividend date of this dividend is Wednesday, April 3rd. View Encore Wire's Dividend History.
How were Encore Wire's earnings last quarter?
Encore Wire Co. (NASDAQ:WIRE) released its quarterly earnings results on Tuesday, February, 19th. The electronics maker reported $1.20 EPS for the quarter, beating the Zacks' consensus estimate of $0.73 by $0.47. The electronics maker earned $319.73 million during the quarter, compared to analyst estimates of $296.41 million. Encore Wire had a return on equity of 11.41% and a net margin of 6.06%. The firm's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.36 EPS. View Encore Wire's Earnings History.
When is Encore Wire's next earnings date?
What price target have analysts set for WIRE?
2 Wall Street analysts have issued 1 year price targets for Encore Wire's shares. Their forecasts range from $58.00 to $60.00. On average, they expect Encore Wire's stock price to reach $59.00 in the next twelve months. This suggests that the stock has a possible downside of 3.2%. 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?
News coverage about WIRE stock has been trending very positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Encore Wire earned a coverage optimism score of 3.1 on InfoTrie's scale. They also gave news headlines about the electronics maker a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the near future.
Who are some of Encore Wire's key competitors?
What other stocks do shareholders of Encore Wire own?
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 institutional and retail investors. Top institutional investors include Hodges Capital Management Inc. (0.97%), Pennsylvania Trust Co (0.46%), Pennsylvania Trust Co (0.46%) and Denali Advisors LLC (0.01%). 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?
Which institutional investors are buying Encore Wire stock?
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 $60.98.
How big of a company is Encore Wire?
Encore Wire has a market capitalization of $1.27 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.
What is Encore Wire's official website?
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)
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.
