S&P 500   4,397.94 (-1.89%)
DOW   34,265.37 (-1.30%)
QQQ   351.69 (-2.77%)
AAPL   162.41 (-1.28%)
MSFT   296.03 (-1.85%)
FB   303.17 (-4.23%)
GOOGL   2,607.03 (-2.22%)
AMZN   2,852.86 (-5.95%)
TSLA   943.90 (-5.26%)
NVDA   233.74 (-3.21%)
BABA   123.23 (-5.95%)
NIO   27.35 (-6.11%)
AMD   118.81 (-2.53%)
CGC   7.29 (-3.57%)
MU   81.93 (-3.69%)
GE   96.30 (-1.98%)
T   26.61 (-1.52%)
F   20.65 (-4.62%)
DIS   137.38 (-6.94%)
AMC   17.97 (-0.55%)
PFE   52.79 (-2.33%)
ACB   4.46 (-6.11%)
BA   205.44 (-4.09%)
S&P 500   4,397.94 (-1.89%)
DOW   34,265.37 (-1.30%)
QQQ   351.69 (-2.77%)
AAPL   162.41 (-1.28%)
MSFT   296.03 (-1.85%)
FB   303.17 (-4.23%)
GOOGL   2,607.03 (-2.22%)
AMZN   2,852.86 (-5.95%)
TSLA   943.90 (-5.26%)
NVDA   233.74 (-3.21%)
BABA   123.23 (-5.95%)
NIO   27.35 (-6.11%)
AMD   118.81 (-2.53%)
CGC   7.29 (-3.57%)
MU   81.93 (-3.69%)
GE   96.30 (-1.98%)
T   26.61 (-1.52%)
F   20.65 (-4.62%)
DIS   137.38 (-6.94%)
AMC   17.97 (-0.55%)
PFE   52.79 (-2.33%)
ACB   4.46 (-6.11%)
BA   205.44 (-4.09%)
S&P 500   4,397.94 (-1.89%)
DOW   34,265.37 (-1.30%)
QQQ   351.69 (-2.77%)
AAPL   162.41 (-1.28%)
MSFT   296.03 (-1.85%)
FB   303.17 (-4.23%)
GOOGL   2,607.03 (-2.22%)
AMZN   2,852.86 (-5.95%)
TSLA   943.90 (-5.26%)
NVDA   233.74 (-3.21%)
BABA   123.23 (-5.95%)
NIO   27.35 (-6.11%)
AMD   118.81 (-2.53%)
CGC   7.29 (-3.57%)
MU   81.93 (-3.69%)
GE   96.30 (-1.98%)
T   26.61 (-1.52%)
F   20.65 (-4.62%)
DIS   137.38 (-6.94%)
AMC   17.97 (-0.55%)
PFE   52.79 (-2.33%)
ACB   4.46 (-6.11%)
BA   205.44 (-4.09%)
S&P 500   4,397.94 (-1.89%)
DOW   34,265.37 (-1.30%)
QQQ   351.69 (-2.77%)
AAPL   162.41 (-1.28%)
MSFT   296.03 (-1.85%)
FB   303.17 (-4.23%)
GOOGL   2,607.03 (-2.22%)
AMZN   2,852.86 (-5.95%)
TSLA   943.90 (-5.26%)
NVDA   233.74 (-3.21%)
BABA   123.23 (-5.95%)
NIO   27.35 (-6.11%)
AMD   118.81 (-2.53%)
CGC   7.29 (-3.57%)
MU   81.93 (-3.69%)
GE   96.30 (-1.98%)
T   26.61 (-1.52%)
F   20.65 (-4.62%)
DIS   137.38 (-6.94%)
AMC   17.97 (-0.55%)
PFE   52.79 (-2.33%)
ACB   4.46 (-6.11%)
BA   205.44 (-4.09%)
NASDAQ:WIRE

Encore Wire Stock Forecast, Price & News

$113.43
-1.99 (-1.72%)
(As of 01/21/2022 04:00 PM ET)
Add
Compare
Today's Range
$112.12
$118.03
50-Day Range
$113.43
$147.98
52-Week Range
$56.27
$151.64
Volume
253,773 shs
Average Volume
254,412 shs
Market Capitalization
$2.30 billion
P/E Ratio
5.54
Dividend Yield
0.07%
Beta
1.13
30 days | 90 days | 365 days | Advanced Chart
Receive WIRE News and Ratings via Email

Sign-up to receive the latest news and ratings for Encore Wire and its competitors with MarketBeat's FREE daily newsletter.


Encore Wire logo

About Encore Wire

Encore Wire Corp. engages in manufacturing copper electrical building wire and cable. The firm is a significant supplier of building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments and manufactured housing. It offers an electric building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2 and other types of wire products, including Metal Clad, Armored Cable, Photovoltaic Cable and Bare Copper. Its principal customers are wholesale electrical distributors, who sell building wire and a variety of other products to electrical contractors. The company was founded by Vincent A. Rego in 1989 and is headquartered in McKinney, TX.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Rolling, drawing, & extruding of nonferrous metals
Sub-Industry
Electrical Components & Equipment
Current Symbol
NASDAQ:WIRE
CUSIP
29256210
Employees
1,289
Year Founded
1989

Sales & Book Value

Annual Sales
$1.28 billion
Cash Flow
$4.08 per share
Book Value
$40.60 per share

Profitability

Net Income
$76.07 million
Pretax Margin
23.97%

Debt

Price-To-Earnings

Miscellaneous

Free Float
19,573,000
Market Cap
$2.30 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/26/2021
Ex-Dividend for 1/21 Dividend
1/06/2022
Today
1/21/2022
Dividend Payable
1/21/2022
Next Earnings (Estimated)
2/15/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

1.94 out of 5 stars

Industrial Products Sector

154th out of 248 stocks

Rolling, Drawing, & Extruding Of Nonferrous Metals Industry

6th out of 8 stocks

Analyst Opinion: 1.3Community Rank: 3.9Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -












Encore Wire (NASDAQ:WIRE) Frequently Asked Questions

Is Encore Wire a buy right now?

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. The consensus among Wall Street analysts is that investors should "buy" Encore Wire stock.
View analyst ratings for Encore Wire
or view top-rated stocks.

How has Encore Wire's stock been impacted by Coronavirus (COVID-19)?

Encore Wire's stock was trading at $44.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WIRE stock has increased by 155.4% and is now trading at $113.43.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Encore Wire?

Encore Wire saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 939,700 shares, an increase of 18.2% from the December 15th total of 795,200 shares. Based on an average daily trading volume, of 274,300 shares, the short-interest ratio is currently 3.4 days. Currently, 4.8% of the company's shares are sold short.
View Encore Wire's Short Interest
.

When is Encore Wire's next earnings date?

Encore Wire is scheduled to release its next quarterly earnings announcement on Tuesday, February 15th 2022.
View our earnings forecast for Encore Wire
.

How were Encore Wire's earnings last quarter?

Encore Wire Co. (NASDAQ:WIRE) announced its earnings results on Tuesday, October, 26th. The electronics maker reported $8.51 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $2.92 by $5.59. The electronics maker earned $716.32 million during the quarter, compared to the consensus estimate of $587.34 million. Encore Wire had a trailing twelve-month return on equity of 42.52% and a net margin of 18.55%. The firm's revenue for the quarter was up 110.9% on a year-over-year basis. During the same quarter last year, the business posted $1.02 earnings per share.
View Encore Wire's earnings history
.

How often does Encore Wire pay dividends? What is the dividend yield for Encore Wire?

Encore Wire declared a quarterly dividend on Wednesday, November 10th. Shareholders of record on Friday, January 7th will be paid a dividend of $0.02 per share on Friday, January 21st. This represents a $0.08 annualized dividend and a yield of 0.07%. The ex-dividend date of this dividend is Thursday, January 6th.
View Encore Wire's dividend history
.

Is Encore Wire a good dividend stock?

Encore Wire pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.07%. Encore Wire does not yet have a strong track record of dividend growth. The dividend payout ratio of Encore Wire is 0.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Encore Wire will have a dividend payout ratio of 0.82% next year. This indicates that Encore Wire will be able to sustain or increase its dividend.
View Encore Wire's dividend history.

What price target have analysts set for WIRE?

2 equities research analysts have issued 1-year price objectives for Encore Wire's stock. Their forecasts range from $65.00 to $150.00. On average, they anticipate Encore Wire's share price to reach $107.50 in the next year. This suggests that the stock has a possible downside of 5.2%.
View analysts' price targets for Encore Wire
or view top-rated stocks among Wall Street analysts.

Who are Encore Wire's key executives?

Encore Wire's management team includes the following people:
  • Daniel L. Jones, Chairman, President & Chief Executive Officer
  • Bret J. Eckert, Chief Financial Officer, Secretary, Treasurer & VP

What is Daniel L. Jones' approval rating as Encore Wire's CEO?

24 employees have rated Encore Wire CEO Daniel L. Jones on Glassdoor.com. Daniel L. Jones has an approval rating of 59% among Encore Wire's employees. This puts Daniel L. Jones in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Encore Wire own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Encore Wire investors own include Verizon Communications (VZ), Altria Group (MO), AT&T (T), Weyerhaeuser (WY), AbbVie (ABBV), Advanced Micro Devices (AMD), Commercial Metals (CMC), Ecolab (ECL), Eastman Chemical (EMN) and General Electric (GE).

What is Encore Wire's stock symbol?

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

Who are Encore Wire's major shareholders?

Encore Wire's stock is owned by many different retail and institutional investors. Top institutional investors include Frontier Capital Management Co. LLC (0.42%), Russell Investments Group Ltd. (0.38%), State of Alaska Department of Revenue (0.07%), Denali Advisors LLC (0.06%), Louisiana State Employees Retirement System (0.05%) and Exchange Traded Concepts LLC (0.02%).
View institutional ownership trends for Encore Wire
.

Which major investors are selling Encore Wire stock?

WIRE stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Denali Advisors LLC, Diversified Trust Co, Exchange Traded Concepts LLC, Parallel Advisors LLC, State of Alaska Department of Revenue, and Louisiana State Employees Retirement System.
View insider buying and selling activity for Encore Wire
or view top insider-selling stocks.

Which major investors are buying Encore Wire stock?

WIRE stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., XR Securities LLC, AE Wealth Management LLC, Crossmark Global Holdings Inc., Kovack Advisors Inc., and Koshinski Asset Management Inc..
View insider buying and selling activity for Encore Wire
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Encore Wire's stock price today?

One share of WIRE stock can currently be purchased for approximately $113.43.

How much money does Encore Wire make?

Encore Wire has a market capitalization of $2.30 billion and generates $1.28 billion in revenue each year. The electronics maker earns $76.07 million in net income (profit) each year or $20.49 on an earnings per share basis.

How many employees does Encore Wire have?

Encore Wire employs 1,289 workers across the globe.

Does Encore Wire have any subsidiaries?

The following companies are subsidiares of Encore Wire: EWC Aviation Corporation.

When was Encore Wire founded?

Encore Wire was founded in 1989.

What is Encore Wire's official website?

The official website for Encore Wire is www.encorewire.com.

Where are Encore Wire's headquarters?

Encore Wire is headquartered at 1329 MILLWOOD RD, MCKINNEY TX, 75069.

How can I contact Encore Wire?

Encore Wire's mailing address is 1329 MILLWOOD RD, MCKINNEY TX, 75069. The electronics maker can be reached via phone at (972) 562-9473 or via fax at 972-562-3644.


This page was last updated on 1/21/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.