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

Encore Wire trades on the NASDAQ under the ticker symbol "WIRE."

Encore Wire declared a quarterly dividend on Thursday, August 8th. Stockholders of record on Friday, October 4th will be given a dividend of $0.02 per share on Friday, October 18th. This represents a $0.08 annualized dividend and a dividend yield of 0.13%. The ex-dividend date of this dividend is Thursday, October 3rd. View Encore Wire's Dividend History.

Encore Wire Co. (NASDAQ:WIRE) issued its quarterly earnings data on Tuesday, July, 30th. The electronics maker reported $0.85 earnings per share for the quarter, missing analysts' consensus estimates of $0.88 by $0.03. The electronics maker earned $336.87 million during the quarter, compared to analysts' expectations of $330.42 million. Encore Wire had a net margin of 6.09% and a return on equity of 11.01%. The business's quarterly revenue was up .0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.86 EPS. View Encore Wire's Earnings History.

Encore Wire is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Encore Wire.

2 brokers have issued 12 month price targets for Encore Wire's stock. Their predictions range from $58.00 to $60.00. On average, they expect Encore Wire's share price to reach $59.00 in the next year. This suggests that the stock has a possible downside of 1.9%. View Analyst Price Targets 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." View Analyst Ratings for Encore Wire.

Media headlines about WIRE stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Encore Wire earned a daily sentiment score of 0.9 on InfoTrie's scale. They also assigned press coverage about the electronics maker a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Encore Wire.

Encore Wire saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 295,400 shares, an increase of 5.7% from the July 31st total of 279,500 shares. Based on an average daily trading volume, of 69,700 shares, the short-interest ratio is presently 4.2 days. Approximately 1.5% of the shares of the stock are sold short. View Encore Wire's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Encore Wire investors own include Verizon Communications (VZ), Intuit (INTU), Lam Research (LRCX), NVIDIA (NVDA), General Electric (GE), Phillips 66 (PSX), United Technologies (UTX), Broadcom (AVGO), Carbonite (CARB) and Entegris (ENTG).

Encore Wire's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.45%), Vanguard Group Inc. (9.89%), Barrow Hanley Mewhinney & Strauss LLC (4.07%), Barrow Hanley Mewhinney & Strauss LLC (4.07%), Victory Capital Management Inc. (4.00%) and Janus Henderson Group PLC (2.27%). 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 Victory Capital Management Inc., Barrow Hanley Mewhinney & Strauss LLC, Barrow Hanley Mewhinney & Strauss LLC, Janus Henderson Group PLC, Janus Henderson Group PLC, Marshall Wace LLP, Granite Investment Partners LLC and Prudential Financial Inc.. View Insider Buying and Selling for Encore Wire.

WIRE stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Panagora Asset Management Inc., Wells Fargo & Company MN, AQR Capital Management LLC, Charles Schwab Investment Management Inc., Bank of Montreal Can, Citadel Advisors LLC and Systematic Financial Management LP. 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, Robinhood, Fidelity and Charles Schwab.

One share of WIRE stock can currently be purchased for approximately $60.14.

Encore Wire has a market capitalization of $1.26 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.

The official website for Encore Wire is http://www.encorewire.com/.

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