Encore Wire Corporation (WIRE)

NASDAQ: WIRE · IEX Real-Time Price · USD
135.38
+4.04 (3.07%)
Aug 16, 2022 11:40 AM EDT - Market open
3.07%
Market Cap 2.59B
Revenue (ttm) 2.97B
Net Income (ttm) 689.25M
Shares Out 19.13M
EPS (ttm) 34.03
PE Ratio 3.98
Forward PE n/a
Dividend $0.08 (0.06%)
Ex-Dividend Date Oct 6, 2022
Volume 66,892
Open 130.26
Previous Close 131.34
Day's Range 130.26 - 135.38
52-Week Range 82.00 - 151.64
Beta 1.27
Analysts Buy
Price Target 199.41 (+47.3%)
Earnings Date Jul 25, 2022

About WIRE

Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. The company's products include NM-B cables for use as interior wiring in homes, apartments, and manufactured housing; THHN/THWN-2 cables and metal-clad and armored cables for use as wiring in commercial and industrial buildings; UF-B cables; XHHW-2 cables; RHH/RHW-2 cables; USE-2 cables; and other types of wire products. It sells its products to wholesale electrical distributors primarily through independent m... [Read more...]

Industry Electrical Equipment
IPO Date Jul 16, 1992
Employees 1,440
Stock Exchange NASDAQ
Ticker Symbol WIRE
Full Company Profile

Financial Performance

In 2021, Encore Wire's revenue was $2.59 billion, an increase of 103.04% compared to the previous year's $1.28 billion. Earnings were $541.42 million, an increase of 611.77%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for WIRE stock is "Buy." The 12-month stock price forecast is 199.41, which is an increase of 47.30% from the latest price.

Price Target
$199.41
(47.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Top-Ranked Efficient Stocks That Are Worth Your Portfolio

Invest in stocks such as The Chef's Warehouse (CHEF), Encore Wire (WIRE) & Carlisle Companies (CSL) for a solid efficiency level.

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3 Profitable Stocks to Buy on the Basis of Net Income Ratio

AMN Healthcare Services (AMN), Encore Wire (WIRE) and Global Ship Lease (GSL) have been selected as the top picks with a high net income ratio.

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Encore Wire (WIRE) Just Reclaimed the 200-Day Moving Average

Is it a good or bad thing when a stock surpasses resistance at the 200-day simple moving average?

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Encore (WIRE), Delek (DK) and Exxon Mobil (XOM) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.

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Encore Wire Announces Cash Dividend

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Corporation (NASDAQ Global Select: WIRE) announced today that the Company's Board of Directors has declared a cash dividend. Daniel L. Jones, Chairman, Pres...

Forget Profit, Bet on These 4 Stocks With Rising Cash Flows

Companies with rising cash flows like SBLK, WIRE, SNEX and FC are worth buying.

Other symbols: FCSBLKSNEX

What Makes Encore Wire (WIRE) a Good Fit for "Trend Investing"

Encore Wire (WIRE) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through ou...

4 Stocks With Solid Net Profit Margin to Enrich Your Portfolio

Let's take a look at these four top-ranked stocks - WIRE, CSL, RFIL and FC - with impressive net profit margins for a winning portfolio.

Other symbols: CSLFCRFIL

What Makes Encore Wire (WIRE) a Strong Momentum Stock: Buy Now?

Does Encore Wire (WIRE) have what it takes to be a top stock pick for momentum investors? Let's find out.

Encore Wire Reports Second Quarter Results; Increased Gross Profit Margins; Highlights Share Repurchases During 2022

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced results for the second quarter of 2022. Second Quarter and YTD 2022 Highlights Second Quarter Earni...

Encore Wire (WIRE) to Post Q2 Earnings: What's in Store?

Encore Wire's (WIRE) Q2 earnings will likely reflect benefits from strong shipment volumes for copper and aluminum wire, manufacturing capacity expansions and cost-reduction actions.

6 Most Undervalued Mid-Cap Stocks to Buy Now

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Encore Wire Announces Earnings Release Date and Conference Call Details

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Announces Earnings Release Date and Conference Call Details

7 Stocks to Buy Now Before They Rebound

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Is Encore Wire (WIRE) a Suitable Stock for Value Investors?

Let's see if Encore Wire Corporation (WIRE) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Buy 4 Stocks With Increasing Cash Flows Ahead of Q2 Earnings

Companies with rising cash flows like WIRE, ULH, HDSN and PANL are worth buying.

Other symbols: HDSNPANLULH

4 Stocks With Solid Net Profit Margin You Should Pick Now

Let's take a look at four Buy-ranked stocks - Encore Wire Corporation (WIRE), Tecnoglass Inc. (TGLS), Universal Logistics Holdings, Inc. (ULH) and Cumulus Media Inc. (CMLS) - with solid net profit margins.

Other symbols: CMLSTGLSULH

3 Best Profitable Stocks to Buy Using Net Income Ratio

Nova Measuring Instruments (NVMI), Encore Wire (WIRE) and Eagle Bulk Shipping (EGLE) have been selected as the top picks with a high net income ratio.

Other symbols: EGLENVMI

3 Top-Ranked Efficient Stocks to Boost Your Portfolio

Invest in stocks like Delta Apparel (DLA), AZZ & Encore Wire (WIRE) at the moment for a strong efficiency level.

Other symbols: AZZDLA

4 High-Flying Stocks to Bet on With Increasing Cash Flows

Cash holds the key to the company's existence, development and success, and can be referred to as its lifeblood. So, companies with rising cash flows like MARUY, WIRE, PLAB and ULH are worth buying.

Other symbols: MARUYPLABULH

4 Stocks With Solid Net Profit Margin to Enhance Your Returns

Here are four top-ranked stocks - VLO, WIRE, TGLS and CMLS - with solid net profit margins that can contribute toward making a solid portfolio.

Other symbols: CMLSTGLSVLO

Recent Price Trend in Encore Wire (WIRE) is Your Friend, Here's Why

Encore Wire (WIRE) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through ou...

3 Best Profitable Stocks to Invest in Using Net Income Ratio

Encore Wire (WIRE), Black Stone Minerals (BSM) and Star Bulk Carriers (SBLK) have been selected as the top picks with a high net income ratio.

Other symbols: BSMSBLK

4 of the Best Efficient Stocks to Add to Your Portfolio

Invest in stocks like Delta Apparel (DLA), Sanderson Farms (SAFM), Encore Wire (WIRE) & The Buckle (BKE) for a solid efficiency level.

Other symbols: BKEDLASAFM

7 Hot Stocks to Buy During the Next Market Crash

These aren't likely the stocks you think about when you think about hot stocks, but that's what makes them so special. The post 7 Hot Stocks to Buy During the Next Market Crash appeared first on Investo...

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