Encore Wire Corporation (WIRE)
| 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...]
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 StatementsAnalyst 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.
News
3 Top-Ranked Efficient Stocks That Are Worth Your Portfolio
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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...
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Companies with rising cash flows like SBLK, WIRE, SNEX and FC are worth buying.
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...
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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.
Encore Wire Announces Earnings Release Date and Conference Call Details
MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Announces Earnings Release Date and Conference Call Details
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.
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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.
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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.
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Invest in stocks like Delta Apparel (DLA), AZZ & Encore Wire (WIRE) at the moment for a strong efficiency level.
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.
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.
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.
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.
