About Encore Wire (NASDAQ:WIRE)
Encore Wire Corporation is a manufacturer of electrical building wire and cable. The Company is a supplier of building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. The Company manufactures electric building wire, principally NM-B cable, for use primarily as interior wiring in homes, apartments and manufactured housing, and THHN/THWN-2 cable and metal-clad and armored cable for use primarily as wiring in commercial and industrial buildings. It offers an electrical building wire product line that consists primarily of UF-B cable and other types of wire products, including metal-clad and armored cable. All of these products are manufactured with copper or aluminum as the conductor. NM-B cable consists of either two or three insulated copper wire conductors, with an uninsulated ground wire, all sheathed in a polyvinyl chloride (PVC) jacket.
Industry, Sector and Symbol
Industry IND PRODS/SVC
Sub-IndustryElectrical Components & Equipment
Trailing P/E Ratio22.15
Forward P/E Ratio18.96
Sales & Book Value
Annual Sales$1.16 billion
Price / Sales1.01
Cash Flow$3.29 per share
Price / Cash17.09
Book Value$30.81 per share
Price / Book1.83
Net Income$67.01 million
Return on Equity8.94%
Return on Assets7.74%
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 Friday, March 9th. Stockholders of record on Friday, April 6th will be paid a dividend of $0.02 per share on Friday, April 20th. This represents a $0.08 annualized dividend and a dividend yield of 0.14%. The ex-dividend date is Thursday, April 5th. View Encore Wire's Dividend History.
How were Encore Wire's earnings last quarter?
Encore Wire Co. (NASDAQ:WIRE) announced its quarterly earnings results on Tuesday, February, 20th. The electronics maker reported $0.76 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.48 by $0.28. The electronics maker earned $301.29 million during the quarter, compared to analyst estimates of $279.70 million. Encore Wire had a return on equity of 8.94% and a net margin of 5.76%. Encore Wire's quarterly revenue was up 25.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.55 EPS. View Encore Wire's Earnings History.
When will Encore Wire make its next earnings announcement?
Where is Encore Wire's stock going? Where will Encore Wire's stock price be in 2018?
2 Wall Street analysts have issued 12-month price targets for Encore Wire's shares. Their predictions range from $54.00 to $58.00. On average, they anticipate Encore Wire's share price to reach $56.00 in the next twelve months. View Analyst Ratings for Encore Wire.
Who are some of Encore Wire's key competitors?
Some companies that are related to Encore Wire include Albany International (AIN), Axon Enterprise (AAXN), Brady (BRC), AlarmCom (ALRM), Harsco (HSC), General Cable (BGC), Quad/Graphics (QUAD), ACCO Brands (ACCO), Multi-Color (LABL), Atkore International Group (ATKR), ForeScout Technologies (FSCT), ScanSource (SCSC), TPI Composites (TPIC), Ituran (ITRN), Unifi (UFI), Myers Industries (MYE), LSC Communications (LKSD) and Net 1 UEPS Technologies (UEPS).
Who are Encore Wire's key executives?
Encore Wire's management team includes the folowing people:
- Daniel L. Jones, Chairman of the Board, President, Chief Executive Officer (Age 53)
- Frank J. Bilban, Chief Financial Officer, Vice President - Finance, Treasurer, Secretary (Age 60)
- John H. Wilson, Lead Independent Director (Age 74)
- Donald E. Courtney, Director (Age 86)
- Gregory J. Fisher, Independent Director (Age 66)
- William R. Thomas III, Independent Director (Age 46)
- Scott D. Weaver, Independent Director (Age 58)
Has Encore Wire been receiving favorable news coverage?
News stories about WIRE stock have trended somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Encore Wire earned a coverage optimism score of 0.17 on Accern's scale. They also assigned media headlines about the electronics maker an impact score of 46.13 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are Encore Wire's major shareholders?
Encore Wire's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.51%), Victory Capital Management Inc. (6.20%), Frontier Capital Management Co. LLC (4.85%), Barrow Hanley Mewhinney & Strauss LLC (4.66%), Hodges Capital Management Inc. (4.12%) and Royce & Associates LP (2.61%). 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?
WIRE stock was sold by a variety of institutional investors in the last quarter, including Teachers Advisors LLC, Royce & Associates LP, Hodges Capital Management Inc., Frontier Capital Management Co. LLC, Victory Capital Management Inc., Barrow Hanley Mewhinney & Strauss LLC, Comerica Bank and Heartland Advisors Inc.. 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 institutional investors are buying Encore Wire stock?
WIRE stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Thrivent Financial For Lutherans, Franklin Resources Inc., BlackRock Inc., Deutsche Bank AG, James Investment Research Inc., Lyon Street Capital LLC and Two Sigma Investments LP. 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 $56.30.
How big of a company is Encore Wire?
Encore Wire has a market capitalization of $1.20 billion and generates $1.16 billion in revenue each year. The electronics maker earns $67.01 million in net income (profit) each year or $3.20 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 (WIRE)MarketBeat's community ratings are surveys of what our community members think about Encore Wire and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Encore Wire (NASDAQ:WIRE) Earnings History and Estimates Chart
Encore Wire (NASDAQ WIRE) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/1/2018|| || || || || || || || |
|2/20/2018||Q4 2017||$0.48||$0.76||$279.70 million||$301.29 million||View||N/A|
|10/31/2017||Q3 2017||$0.55||$0.67||$279.60 million||$292.00 million||View||N/A|
|8/1/2017||Q2 2017||$0.58||$0.52||$282.25 million||$291.50 million||View||Listen|
|5/2/2017||Q1 2017||$0.51||$0.65||$280.00 million||$279.39 million||View||Listen|
|2/16/2017||Q4 2016||$0.35||$0.55||$242.00 million||$239.25 million||View||N/A|
|10/26/2016||Q3||$0.61||$0.34||$266.63 million||$237.20 million||View||N/A|
|7/27/2016||Q2||$0.57||$0.38||$241.88 million||$238.80 million||View||N/A|
|4/27/2016||Q116||$0.53||$0.41||$232.72 million||$225.50 million||View||N/A|
|2/18/2016||Q415||$0.52||$0.53||$255.15 million||$250.90 million||View||Listen|
|10/22/2015||Q3||$0.54||$0.70||$264.06 million||$262.80 million||View||N/A|
|7/23/2015||Q2||$0.56||$0.54||$300.46 million||$253.70 million||View||Listen|
|4/23/2015||Q115||$0.32||$0.52||$243.00 million||$250.30 million||View||N/A|
|2/19/2015||Q414||$0.45||$0.24||$278.50 million||$285.30 million||View||N/A|
|10/23/2014||Q314||$0.55||$0.53||$327.00 million||$297.40 million||View||N/A|
|7/24/2014||Q214||$0.68||$0.49||$312.00 million||$307.09 million||View||N/A|
|4/24/2014||Q114||$0.48||$0.52||$301.83 million||$277.20 million||View||N/A|
|2/19/2014||Q413||$0.56||$0.54||$281.63 million||$293.50 million||View||N/A|
|10/25/2013||Q313||$0.45||$0.66||$284.65 million||$309.90 million||View||N/A|
|7/25/2013||Q2 2013||$0.30||$0.75||$252.00 million||$289.50 million||View||N/A|
|4/24/2013||Q1 2013||$0.25||$0.31||$255.20 million||$265.40 million||View||N/A|
|2/20/2013||Q4 2012||$0.27||$0.25||$295.50 million||$258.00 million||View||N/A|
Encore Wire (NASDAQ:WIRE) Earnings Estimates
2018 EPS Consensus Estimate: $2.97
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Encore Wire (NASDAQ:WIRE) Dividend Information
|Payout Ratio:||2.50% (Trailing 12 Months of Earnings) |
2.69% (Based on This Year's Estimates)
2.46% (Based on Next Year's Estimates)
Encore Wire (NASDAQ:WIRE) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Encore Wire (NASDAQ WIRE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 3.79%
Institutional Ownership Percentage: 88.91%
Encore Wire (NASDAQ WIRE) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/23/2018||Matthew D Ford||Insider||Sell||2,500||$52.45||$131,125.00||4,000|| |
|1/18/2018||Frank J Bilban||CFO||Sell||8,924||$51.52||$459,764.48||19,900|| |
|1/16/2018||Frank J Bilban||CFO||Sell||100||$51.50||$5,150.00||19,900|| |
|1/11/2018||Frank J Bilban||VP||Sell||15,000||$50.50||$757,500.00||34,900|| |
|1/2/2018||Frank J Bilban||VP||Sell||10,000||$49.53||$495,300.00||44,900|| |
|12/6/2017||Frank J Bilban||VP||Sell||9,814||$48.30||$474,016.20||56,934|| |
|12/4/2017||Frank J Bilban||CFO||Sell||1,557||$47.51||$73,973.07||56,934|| |
|11/28/2017||Matthew D Ford||Insider||Sell||1,000||$46.00||$46,000.00||2,500|| |
|11/1/2017||Frank J Bilban||VP||Sell||4,136||$47.50||$196,460.00||61,150|| |
|2/22/2017||Frank J Bilban||VP||Sell||27,500||$48.59||$1,336,225.00||81,250|| |
|8/10/2015||Gregory J Fisher||Director||Buy||1,500||$33.30||$49,950.00|| |
|2/27/2015||William R Thomas III||Director||Buy||1,000||$37.24||$37,240.00|| |
|2/25/2015||Gregory J Fisher||Director||Buy||1,000||$35.70||$35,700.00|| |
|12/16/2014||John H Wilson||Director||Buy||5,000||$35.00||$175,000.00|| |
|10/29/2014||Gregory J Fisher||Director||Buy||1,000||$37.18||$37,180.00|| |
|8/1/2014||Donald Eugene Courtney||Director||Buy||5,000||$41.81||$209,050.00|| |
|10/31/2013||Frank J Bilban||CFO||Sell||30,000||$49.87||$1,496,100.00|| |
|6/25/2013||William R Thomas III||Director||Buy||3,500||$33.96||$118,860.00|| |
Encore Wire (NASDAQ WIRE) News Headlines
|Why Encore Wire (WIRE) Stock Might be a Great Pick|
finance.yahoo.com - March 22 at 9:58 AM
|Encore Wire Co. (WIRE) Given Average Rating of "Buy" by Brokerages|
www.americanbankingnews.com - March 20 at 3:19 AM
|Encore Wire (WIRE) Lifted to Buy at BidaskClub|
www.americanbankingnews.com - March 17 at 4:28 PM
|60 years later, Kim Novak reflects on 'Vertigo'|
abcnews.go.com - March 17 at 9:57 AM
|Encore Wire Co. (WIRE) Plans Quarterly Dividend of $0.02|
www.americanbankingnews.com - March 9 at 6:25 PM
|Encore Wire Presenting at Sidoti & Company’s Spring 2018 Conference|
finance.yahoo.com - March 8 at 5:01 PM
|Schwab Charles Investment Management Inc. Acquires 10,503 Shares of Encore Wire Co. (WIRE)|
www.americanbankingnews.com - March 5 at 6:46 AM
|Encore Wire (WIRE) Raised to "Buy" at ValuEngine|
www.americanbankingnews.com - March 3 at 12:28 AM
|Bull of the Day: Encore Wire Corp (WIRE)|
finance.yahoo.com - February 28 at 9:38 AM
|Encore Wire (WIRE) Lifted to "Strong-Buy" at Zacks Investment Research|
www.americanbankingnews.com - February 27 at 2:33 PM
|Comerica Bank Lowers Stake in Encore Wire Co. (WIRE)|
www.americanbankingnews.com - February 27 at 6:00 AM
|Citadel Advisors LLC Acquires 28,807 Shares of Encore Wire Co. (WIRE)|
www.americanbankingnews.com - February 27 at 5:40 AM
|Matthew D. Ford Sells 2,500 Shares of Encore Wire Co. (WIRE) Stock|
www.americanbankingnews.com - February 26 at 3:30 PM
|Encore Wire Co. (WIRE) Forecasted to Post Q1 2018 Earnings of $0.69 Per Share|
www.americanbankingnews.com - February 26 at 1:28 AM
|DA Davidson Boosts Encore Wire (WIRE) Price Target to $54.00|
www.americanbankingnews.com - February 23 at 6:12 PM
|Encore Wire Co. (WIRE) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - February 23 at 1:32 PM
|Encore Wire posts 4Q profit|
finance.yahoo.com - February 21 at 9:55 AM
|Encore Wire (WIRE) Posts Earnings Results, Beats Expectations By $0.28 EPS|
www.americanbankingnews.com - February 20 at 11:14 PM
|Encore Wire Reports Fourth Quarter Results|
finance.yahoo.com - February 20 at 4:36 PM
|Zacks: Encore Wire Co. (WIRE) Given Consensus Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - February 19 at 3:20 AM
|Encore Wire (WIRE) Set to Announce Earnings on Tuesday|
www.americanbankingnews.com - February 17 at 6:46 PM
|Zacks: Encore Wire Co. (WIRE) Given Consensus Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - February 4 at 1:30 AM
|Zacks: Encore Wire Co. (WIRE) Given Average Rating of "Buy" by Analysts|
www.americanbankingnews.com - January 29 at 11:30 PM
|Encore Wire (WIRE) Cut to "Hold" at BidaskClub|
www.americanbankingnews.com - January 28 at 6:54 AM
|World Low Voltage Cable Market 2016-2022|
www.finanznachrichten.de - January 24 at 9:22 AM
|Zacks: Encore Wire Co. (WIRE) Given $48.25 Consensus Price Target by Analysts|
www.americanbankingnews.com - January 24 at 5:34 AM
|Frank J. Bilban Sells 8,924 Shares of Encore Wire Co. (WIRE) Stock|
www.americanbankingnews.com - January 18 at 7:34 PM
|Encore Wire (WIRE) Upgraded by BidaskClub to Buy|
www.americanbankingnews.com - January 17 at 12:14 AM
|Encore Wire Co. (WIRE) VP Frank J. Bilban Sells 15,000 Shares|
www.americanbankingnews.com - January 16 at 6:38 PM
|Review: Anderson East shows his enormous talent on 'Encore'|
abcnews.go.com - January 13 at 10:18 AM
| Encore Wire Co. (WIRE) Given Average Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - January 9 at 1:40 AM
|BidaskClub Downgrades Encore Wire (WIRE) to Buy|
www.americanbankingnews.com - January 6 at 2:30 PM
|Antares Capital Supports Acquisition of EnCore Composite Structures by AC&A Enterprises Holdings LLC|
www.businesswire.com - January 5 at 4:04 PM
|Encore Wire Co. (WIRE) VP Sells $495,300.00 in Stock|
www.americanbankingnews.com - January 4 at 7:32 PM
|Encore Wire Corp. (Delaware) :WIRE-US: Earnings Analysis: Q3, 2017 By the Numbers : December 28, 2017|
finance.yahoo.com - December 28 at 4:48 PM
|Encore Wire (WIRE) Upgraded by BidaskClub to Strong-Buy|
www.americanbankingnews.com - December 28 at 12:22 AM
|ETFs with exposure to Encore Wire Corp. (Delaware) : December 27, 2017|
finance.yahoo.com - December 27 at 1:01 PM
| Analysts Set $48.25 Price Target for Encore Wire Co. (WIRE)|
www.americanbankingnews.com - December 25 at 1:57 AM
|Zacks: Encore Wire Co. (WIRE) Receives Average Rating of "Buy" from Analysts|
www.americanbankingnews.com - December 10 at 7:22 PM
|Encore Wire Co. (WIRE) CFO Sells $73,973.07 in Stock|
www.americanbankingnews.com - December 6 at 8:52 PM
|Encore Wire Co. (WIRE) VP Frank J. Bilban Sells 9,814 Shares|
www.americanbankingnews.com - December 6 at 8:28 PM
|Sidoti Upgrades Encore Wire (WIRE) to Buy|
www.americanbankingnews.com - December 6 at 12:44 PM
|Matthew D. Ford Sells 1,000 Shares of Encore Wire Corporation (WIRE) Stock|
www.americanbankingnews.com - November 29 at 1:38 PM
| Brokerages Set $48.25 Target Price for Encore Wire Corporation (WIRE)|
www.americanbankingnews.com - November 25 at 7:20 AM
|Encore Wire Corp. (Delaware) breached its 50 day moving average in a Bullish Manner : WIRE-US : November 22, 2017|
finance.yahoo.com - November 23 at 5:53 AM
|Encore Wire Corp. (Delaware) – Value Analysis (NASDAQ:WIRE) : November 13, 2017|
finance.yahoo.com - November 13 at 8:02 PM
|Encore Wire Corp. (Delaware) breached its 50 day moving average in a Bullish Manner : WIRE-US : November 10, 2017|
finance.yahoo.com - November 12 at 1:27 PM
| Encore Wire Corporation (WIRE) Given $48.25 Average Price Target by Analysts|
www.americanbankingnews.com - November 10 at 9:42 PM
|Encore Wire Corporation Declares Quarterly Dividend of $0.02 (WIRE)|
www.americanbankingnews.com - November 9 at 5:32 PM
|Encore Wire Announces Cash Dividend|
finance.yahoo.com - November 9 at 9:59 AM
Encore Wire (NASDAQ:WIRE) SEC Filings
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Encore Wire (NASDAQ:WIRE) Income Statement, Balance Sheet and Cash Flow Statement
Encore Wire (NASDAQ WIRE) Stock Chart for Thursday, March, 22, 2018