Encore Wire/WIRE

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15:10
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18:25
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1D1W1MYTD1YMAX

About Encore Wire

Encore Wire Corporation is a manufacturer of electrical wire and cables, which is used to distribute power from the transmission grid to the wall outlet or switch. The Company offers an electrical building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2, XHHW-2, USE-2, RHH/RHW-2 and other types of wire products, including service entrance unarmored (SEU), service entrance cable (SER), photovoltaic, underground residential distribution wire (URD), tray cable, metal-clad and armored cable. The Company sells its products through manufacturers’ representatives to wholesale electrical distributors servicing the residential, commercial, industrial, and renewable energy sectors. The Company serves various markets, such as healthcare, data center, airport expansion, military bases, oil and gas, transit, wastewater treatment, school construction, and power generation. The Company’s products are made in America at its vertically integrated site, Texas campus.

Ticker

WIRE

Sector

Industrials

Trading on

NASDAQ

Industry

Misc. Fabricated Products

CEO

Daniel Jones

Employees

1,629

Headquarters

Mckinney, United States

Encore Wire Metrics

BasicAdvanced
$4.6B
Market cap
15.31
P/E ratio
$18.86
EPS
1.23
Beta
$0.08
Dividend rate
0.03%
Dividend yield
$4.6B
1.22893
$295.90
$150.51
321K
$0.08
7.495
6.463
0.42%
21.828
15.66%
17.44%
16.91%
15.309
1.795
2.513
2.515
18.528
0.07%
0.03%
0.03%
-14.05%
-46.82%
26.22%
80.40%

What the Analysts think about Encore Wire

Analyst Ratings

Majority rating from 3 analysts.
Hold

Encore Wire Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
9.99% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$633M
-0.17%
Net income
$63M
-4.39%
Profit margin
9.99%
-4.22%

Encore Wire Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 5.76%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$6.01
$4.82
$4.10
$3.92
-
Expected
$6.48
$4.66
$4.02
$3.71
$5.06
Surprise
-7.32%
3.43%
1.99%
5.76%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Market closed

Upcoming events

Jul
5
Encore Wire
Dividend·Ex-dividend
Jul
19
Encore Wire
Dividend·Payment
$0.02
Per share

FAQs

What’s the current market cap for Encore Wire stock?

Encore Wire (WIRE) has a market cap of $4.6B as of June 14, 2024.

What is the P/E ratio for Encore Wire stock?

The price to earnings (P/E) ratio for Encore Wire (WIRE) stock is 15.31 as of June 14, 2024.

Does Encore Wire stock pay dividends?

Yes, the Encore Wire (WIRE) stock pays dividends to shareholders. As of June 14, 2024, the dividend rate is $0.08 and the yield is 0.03%. Encore Wire has a payout ratio of 0.42% on a trailing twelve-month basis.

When is the next Encore Wire dividend payment date?

The next Encore Wire (WIRE) dividend payment is scheduled for July 19, 2024.

What is the beta indicator for Encore Wire?

Encore Wire (WIRE) has a beta rating of 1.23. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Encore Wire stock price target?

The target price for Encore Wire (WIRE) stock is $291.67, which is NaN% below the current price of $. This is an average based on projections from 3 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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