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
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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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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?
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Companies with rising cash flows like WIRE, ULH, HDSN and PANL are worth buying.
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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
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Recent Price Trend in Encore Wire (WIRE) is Your Friend, Here's Why
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