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.
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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 Date10/29/2019 (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 declared a quarterly dividend on Thursday, August 8th. Shareholders 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 dividend on an annualized basis and a yield of 0.14%. The ex-dividend date of this dividend is Thursday, October 3rd. View Encore Wire's Dividend History.
How were Encore Wire's earnings last quarter?
Encore Wire Co. (NASDAQ:WIRE) issued its earnings results on Tuesday, July, 30th. The electronics maker reported $0.85 EPS for the quarter, missing the consensus estimate of $0.88 by $0.03. The electronics maker had revenue of $336.87 million for the quarter, compared to analyst estimates of $330.42 million. Encore Wire had a return on equity of 11.01% and a net margin of 6.09%. The firm's revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the business posted $0.86 earnings per share. 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 objectives for Encore Wire's stock. Their predictions range from $58.00 to $60.00. On average, they expect Encore Wire's stock price to reach $59.00 in the next year. This suggests a possible upside of 3.7% from the stock's current price. 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 2 buy ratings 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 stories about WIRE stock have been trending neutral on Tuesday, InfoTrie reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog 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 media sentiment score of 0.4 on InfoTrie's scale. They also assigned news headlines about the electronics maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Encore Wire.
Are investors shorting Encore Wire?
Encore Wire saw a drop in short interest in the month of September. As of September 30th, there was short interest totalling 224,000 shares, a drop of 17.8% from the August 30th total of 272,500 shares. Based on an average trading volume of 78,100 shares, the days-to-cover ratio is presently 2.9 days. Currently, 1.1% of the shares of the company are sold short. 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?
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 retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.08%) and Pacer Advisors Inc. (0.03%). 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 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, Robinhood, Fidelity and Charles Schwab.
What is Encore Wire's stock price today?
One share of WIRE stock can currently be purchased for approximately $56.88.
How big of a company is Encore Wire?
Encore Wire has a market capitalization of $1.19 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?
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.
