NASDAQ:WIRE - Encore Wire Stock Price, Price Target & More

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

Encore Wire announced a quarterly dividend on Thursday, June 28th. Stockholders of record on Friday, July 6th will be given a dividend of $0.02 per share on Friday, July 20th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.16%. The ex-dividend date is Thursday, July 5th. View Encore Wire's Dividend History.

Encore Wire Co. (NASDAQ:WIRE) issued its earnings results on Wednesday, May, 2nd. The electronics maker reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.67 by $0.13. The electronics maker had revenue of $291.40 million for the quarter, compared to the consensus estimate of $321.65 million. Encore Wire had a net margin of 5.50% and a return on equity of 8.34%. Encore Wire's revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.65 EPS. View Encore Wire's Earnings History.

Encore Wire is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Encore Wire.

2 brokerages have issued 1-year price objectives for Encore Wire's stock. Their predictions range from $54.00 to $58.00. On average, they anticipate Encore Wire's stock price to reach $56.00 in the next twelve months. This suggests a possible upside of 15.0% from the stock's current price. View Analyst Ratings 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."

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

News stories about WIRE stock have been trending somewhat positive recently, Accern reports. The research firm identifies negative and positive news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Encore Wire earned a daily sentiment score of 0.12 on Accern's scale. They also gave media stories about the electronics maker an impact score of 46.40 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Encore Wire's stock is owned by many different of institutional and retail investors. Top institutional investors include Foundry Partners LLC (0.05%) and Municipal Employees Retirement System of Michigan (0.04%). 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 Municipal Employees Retirement System of Michigan. 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.

WIRE stock was purchased by a variety of institutional investors in the last quarter, including Foundry Partners LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of WIRE stock can currently be purchased for approximately $48.70.

Encore Wire has a market capitalization of $1.02 billion and generates $1.16 billion in revenue each year. The electronics maker earns $67.01 million in net income (profit) each year or $2.61 on an earnings per share basis. Encore Wire employs 1,235 workers across the globe.

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