Encore Wire Corporation (WIRE)

NASDAQ: WIRE · IEX Real-Time Price · USD
241.57
+0.57 (0.24%)
At close: Mar 1, 2024, 4:00 PM
241.98
+0.41 (0.17%)
After-hours: Mar 1, 2024, 7:52 PM EST
0.24%
Market Cap 3.81B
Revenue (ttm) 2.57B
Net Income (ttm) 372.40M
Shares Out 15.76M
EPS (ttm) 21.62
PE Ratio 11.17
Forward PE 14.11
Dividend $0.08 (0.03%)
Ex-Dividend Date Apr 4, 2024
Volume 182,419
Open 240.52
Previous Close 241.00
Day's Range 237.03 - 242.94
52-Week Range 138.20 - 250.00
Beta 1.31
Analysts n/a
Price Target n/a
Earnings Date Feb 13, 2024

About WIRE

Encore Wire Corporation engages in manufacture and sale of electrical building wires and cables in the United States. It offers NM-B cables, UF-B cables, THHN/THWN-2, XHHW-2, USE-2, RHH/RHW-2, and other types of wire products, including SEU, SER, photovoltaic, URD, tray cables, metal-clads, and armored cables. The company's products are used to distribute power from the transmission grid to the wall outlet or switch. It sells its products to wholesale electrical distributors through independent manufacturers' representatives for residential, co... [Read more]

Sector Industrials
IPO Date Jul 16, 1992
Employees 1,629
Stock Exchange NASDAQ
Ticker Symbol WIRE
Full Company Profile

Financial Performance

In 2023, Encore Wire's revenue was $2.57 billion, a decrease of -14.91% compared to the previous year's $3.02 billion. Earnings were $372.40 million, a decrease of -48.12%.

Financial Statements

News

Encore Wire Announces Cash Dividend

MCKINNEY, Texas--(BUSINESS WIRE)--ENCORE WIRE ANNOUNCES CASH DIVIDEND.

17 days ago - Business Wire

Encore Wire Reports Strong Fourth Quarter and Full Year 2023 Results

MCKINNEY, Texas--(BUSINESS WIRE)--ENCORE WIRE REPORTS STRONG FOURTH QUARTER and FULL YEAR 2023 RESULTS.

19 days ago - Business Wire

Encore Wire Announces Earnings Release Date and Conference Call Details

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

25 days ago - Business Wire

Encore Wire Reports Strong Third Quarter Results; Highlights Increased Volumes; Continued Share Repurchases During Quarter

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Corporation (NASDAQ Global Select: WIRE) (“Encore Wire” or the “Company”) today announced results for the third quarter of 2023. Third Quarter and YTD 202...

4 months ago - Business Wire

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Investment bank D.A. Davidson, which has adopted the bison as a brand, picked 17 “high quality” stocks—a few giant, most smaller.

Other symbols: AXBCJKHYNDSNTREXWDFC
5 months ago - Barrons

Encore Wire Reports Strong Second Quarter Results; Highlights Share Repurchases During Quarter; Board Increases Share Repurchase Authorization

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Corporation (NASDAQ Global Select: WIRE) (“Encore Wire” or the “Company”) today announced results for the second quarter of 2023. Second Quarter and YTD 2...

7 months ago - Business Wire

Encore Wire Reports First Quarter Results; Highlights Continued Share Repurchases During 2023

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced results for the first quarter of 2023. First Quarter 2023 Highlights First Quarter Earnings per d...

11 months ago - Business Wire

Encore Wire Unveils ESG Strategy in Inaugural ESG Report

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Corporation (NASDAQ Global Select: WIRE) announced today the publication of the Company's first Environmental, Social, and Governance (ESG) Report. This c...

1 year ago - Business Wire

Encore Wire Reports Fourth Quarter and Full Year 2022 Results

MCKINNEY, Texas--(BUSINESS WIRE)--ENCORE WIRE REPORTS FOURTH QUARTER and FULL YEAR 2022 RESULTS

1 year ago - Business Wire

Encore Wire Announces the Appointment of Bret J. Eckert to Executive Vice President

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced that Bret J. Eckert has been appointed to the role of Executive Vice President. In addition to ...

1 year ago - Business Wire

Encore Wire Reports Third Quarter Results; Highlights Continued Share Repurchases During 2022

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced results for the third quarter of 2022.

1 year ago - Business Wire

Encore Wire Reports the Appointment of W. Kelvin Walker to the Board of Directors

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced that the Board of Directors has acted unanimously and appointed W. Kelvin Walker as a director of...

1 year ago - Business Wire

Encore Wire to Host a Fireside Chat

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire to Host a Fireside Chat

1 year ago - Business Wire

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 Ear...

1 year ago - Business Wire

Encore Wire Reports First Quarter Results; Continued Strong Gross Profit Margins; Highlights Share Repurchases During Quarter

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Corporation (NASDAQ Global Select: WIRE) today announced results for the first quarter of 2022. First Quarter 2022 Highlights First Quarter Earnings per d...

2 years ago - Business Wire

Apple, Diamondback and 3 Other Nasdaq Stocks I Like

The Nasdaq Stock Market has a reputation as a home for up-and-comers.

Other symbols: AAPLFANGZEUS
2 years ago - GuruFocus

Encore Wire Corp: A Low Price-Earnings Value Opportunity

Encore Wire Corp. ( WIRE , Financial) is in the electrical equipment and parts business and trades on the Nasdaq with a price-earnings ratio of just 4.78 and a price-book ratio of 1.89. The price-sale...

2 years ago - GuruFocus

Encore Wire Announces Expanded Stock Repurchase Plan

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Announces Expanded Stock Repurchase Plan

2 years ago - Business Wire

Encore Wire Reports Fourth Quarter and Full Year 2021 Results

MCKINNEY, Texas--(BUSINESS WIRE)--ENCORE WIRE REPORTS FOURTH QUARTER and FULL YEAR 2021 RESULTS

2 years ago - Business Wire

Best momentum stocks to buy this year

Momentum stocks present investors with an opportunity to ride the trend, whether downwards or upwards. Here are our top picks from last year that we think could be exciting in 2022.

Other symbols: DDS
2 years ago - Invezz

Encore Wire: A Quality Small-Cap With Ambitious Plans

Encore Wire Corp. ( WIRE , Financial) is a $2.9 billion electric wire and cable company that has posted outstanding returns in the past few quarters. In addition, it is debt-free, receives 9 out of 10...

2 years ago - GuruFocus

Recap: Encore Wire Q3 Earnings

Encore Wire (NASDAQ:WIRE) reported its Q3 earnings results on Tuesday, October 26, 2021 at 05:05 PM. Here's what investors need to know about the announcement.

2 years ago - Benzinga

Encore Wire Reports Third Quarter Results; Strong Free Cash Flow; Highlights Share Repurchases During Quarter

MCKINNEY, Texas--(BUSINESS WIRE)--ENCORE WIRE REPORTS THIRD QUARTER RESULTS; STRONG FREE CASH FLOW; HIGHLIGHTS SHARE REPURCHASES DURING QUARTER

2 years ago - Business Wire

Encore Wire Presenting at Sidoti & Company Fall Virtual Small Cap Investor Conference

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Presenting at Sidoti & Company Fall Virtual Small Cap Investor Conference

2 years ago - Business Wire

Encore Wire Presenting at D.A. Davidson 20th Annual Diversified Industrials & Services Conference

MCKINNEY, Texas--(BUSINESS WIRE)--Encore Wire Presenting at D.A. Davidson 20th Annual Diversified Industrials & Services Conference

2 years ago - Business Wire