Encore Wire Corporation WIRE
At closeJul 1, 2024, 4:00 PM EDT
52-week range unavailable
- Market cap
- 4.58B
- Revenue (ttm)
- 2.54B
- Profit margin
- 12.45%
- Shares out
- 15.80M
- Forward P/E
- 17.78
- Dividend
- 0.08 (0.03%)
- Ex-dividend date
- Jul 4, 2024
- Volume
- 1.37M
- Open
- 289.91
- Previous close
- 289.84
- Day's range
- 289.81 – 289.99
- Beta
- 1.23
- Analysts
- Hold
- Price target
- 290.00 (+0.1%)
- Earnings date
- Jul 23, 2024
2Y +192.37 (+197.36%)
Key statistics
- Enterprise value
- 3.96B
- PEG ratio
- 1.70
- Price / sales
- 1.80
- Price / book
- 2.52
- Dividend yield
- 0.03%
- Payout ratio
- 0.42%
- Revenue growth
- -4.20%
- Free cash flow
- 193.49M
- Total cash
- 614.09M
- Total debt
- 0
- Return on equity
- 17.44%
- Short % of float
- 7.21%
- 50-day average
- 284.81
- 200-day average
- 232.45
Analyst view
Consensus: hold
- Strong buy0
- Buy0
- Hold2
- Sell0
- Strong sell0
Next earnings
Jul 23, 2024
Expected Jul 23, 2024. Consensus EPS estimate 4.15.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Jul 23, 2024 | Jun 1, 2024 | 0.00 | — | — | — |
| Apr 23, 2024 | Mar 1, 2024 | 3.91 | — | — | — |
| Feb 13, 2024 | Dec 1, 2023 | 4.05 | — | — | — |
| Oct 24, 2023 | Sep 1, 2023 | 4.66 | — | — | — |
| Jul 25, 2023 | Jun 1, 2023 | 6.55 | — | — | — |
| Apr 25, 2023 | Mar 1, 2023 | 5.44 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 20, 2021 | Sidoti & Co. | down | Buy | Neutral |
| Oct 27, 2020 | Sidoti & Co. | main | — | Buy |
| Apr 29, 2020 | DA Davidson | down | Buy | Neutral |
| Feb 18, 2020 | Sidoti & Co. | main | — | Buy |
| Jun 2, 2019 | Sidoti & Co. | up | Neutral | Buy |
| Feb 12, 2019 | Sidoti & Co. | down | Buy | Neutral |
About Encore Wire Corporation
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, commercial, industrial, and renewable energy sectors. Encore Wire Corporation was incorporated in 1989 and is headquartered in McKinney, Texas. As of July 2, 2024, Encore Wire Corporation operates as a subsidiary of Prysmian S.p.A..
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Country
- United States
- Website
- encorewire.com
News
Prysmian | Encore Wire Unveils New Industry-Leading Plant and 1M Square Foot Service Center 
Prysmian Invests $500 Million to Support Growing Electrification Demand and U.S. Power Grids Through Encore Wire Expansion 
Prysmian: Encore Wire Integration Will Boost Cash Flows 
Protagonist Therapeutics Set to Join S&P SmallCap 600 
Are You Looking for a Top Momentum Pick? Why Encore Wire (WIRE) is a Great Choice 
7 Booming Stocks to Sell Before the Bust 
Encore Wire, the Prysmian Buyout and Next Picks 
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AKLI, WIRE on Behalf of Shareholders 
STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger and Looming Vote on June 26, 2024, of Encore Wire Corporation - WIRE 
STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger and Looming Vote on June 26, 2024, of Encore Wire Corporation - WIRE
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BILBAN FRANK J | Chief Financial Officer | Sale | Nov 12, 2019 | 26,564 |
| ECKERT BRET J | Chief Financial Officer | Stock Award(Grant) | Jul 1, 2024 | 0 |
| FISHER GREGORY J | Director | Stock Award(Grant) | May 3, 2021 | 9,850 |
| FORD MATTHEW D | Officer | Stock Gift | Jun 27, 2024 | 0 |
| JONES DANIEL L | Chief Executive Officer | Stock Award(Grant) | Jul 1, 2024 | 0 |
| NORRIS GINA A | Director | Stock Award(Grant) | May 6, 2024 | 6,100 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 16.11% | 2,707,069 | 503.33M | Jun 29, 2023 |
| Vanguard Group Inc | 11.74% | 1,972,476 | 366.74M | Jun 29, 2023 |
| Dimensional Fund Advisors LP | 8.67% | 1,456,784 | 270.86M | Jun 29, 2023 |
| State Street Corporation | 3.74% | 628,410 | 116.84M | Jun 29, 2023 |
| Westfield Capital Management Co LP | 2.88% | 484,373 | 90.06M | Jun 29, 2023 |
| Lsv Asset Management | 2.81% | 472,766 | 87.90M | Jun 29, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Core S&P Smallcap ETF | 6.75% | 1,134,637 | 207.03M | Sep 29, 2023 |
| Vanguard Total Stock Market Index Fund | 3.05% | 512,197 | 95.23M | Jun 29, 2023 |
| DFA U.S. Small Cap Value Series | 2.82% | 473,847 | 80.88M | Jul 30, 2023 |
| Vanguard Small-Cap Index Fund | 2.56% | 430,901 | 80.12M | Jun 29, 2023 |
| iShares Russell 2000 ETF | 2.27% | 380,821 | 62.76M | Aug 30, 2023 |
| Vanguard Small Cap Value Index Fund | 1.78% | 298,381 | 55.48M | Jun 29, 2023 |