View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsEncore Wire 향후 성장Future 기준 점검 0/6Encore Wire 의 EPS는 9.8% 만큼 쇠퇴할 것으로 예상됩니다.핵심 정보n/a이익 성장률-9.80%EPS 성장률Electrical 이익 성장27.0%매출 성장률n/a향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트n/a최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Jul 12Encore Wire Corporation Files Form 15Encore Wire Corporation has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Common Stock was $0.01 per share.공시 • Jul 03Encore Wire Corporation(NasdaqGS:WIRE) dropped from NASDAQ Composite IndexEncore Wire Corporation removed공시 • Jul 02Encore Wire Corporation Announces Board ResignationsEncore Wire Corporation (Encore, or the Company) announced Pursuant to an Agreement and Plan of Merger dated as of April 14, 2024 (the Merger Agreement), entered into by and among Encore Wire Corporation, Prysmian S.p.A., Applause Merger Sub Inc. (Merger Sub), and solely as provided in Section 9.12 therein, Prysmian Cables and Systems USA, LLC, Merger Sub merged with and into the Company (the Merger), with the company surviving the Merger as a wholly owned subsidiary of Parent (the Surviving Corporation). The Merger became effective on July 2, 2024 (the Closing Date). In connection with the Merger, at the Effective Time, all of the members of the board of directors of Encore ceased serving as directors of Encore.Declared Dividend • May 20First quarter dividend of US$0.02 announcedShareholders will receive a dividend of US$0.02. Ex-date: 5th July 2024 Payment date: 19th July 2024 Dividend yield will be 0.03%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 0.412%. Cash payout ratio: 0.5106%.공시 • May 16Encore Wire Corporation Announces Cash Dividend, Payable on July 19, 2024Encore Wire Corporation announced that the Company’s Board of Directors has declared a cash dividend. Daniel L. Jones, Chairman, President and Chief Executive Officer of Encore Wire Corporation, announced, 2 cent per share dividend will be paid on July 19, 2024 to stockholders of record at the close of business on July 5, 2024.Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: US$4.02 (vs US$6.60 in 1Q 2023)First quarter 2024 results: EPS: US$4.02 (down from US$6.60 in 1Q 2023). Revenue: US$632.7m (down 4.2% from 1Q 2023). Net income: US$63.3m (down 47% from 1Q 2023). Profit margin: 10.0% (down from 18% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €275, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Electrical industry in Germany. Total returns to shareholders of 379% over the past three years.공시 • Apr 15Prysmian S.p.A. (BIT:PRY) entered into an agreement to acquire Encore Wire Corporation (NasdaqGS:WIRE) for $4.7 billion.Prysmian S.p.A. (BIT:PRY) entered into an agreement to acquire Encore Wire Corporation (NasdaqGS:WIRE) for $4.7 billion on April 14, 2024. Prysmian will pay $290 per share in cash for each share of Encore Wire, plus, if applicable, an amount in cash, rounded to the nearest cent, equal to $0.0635 per share multiplied by the number of calendar days elapsed after April 14, 2025 until and excluding the Closing Date. The transaction will be financed through a mix of cash on Prysmian’s Balance Sheet €1.1 billion ($1.2 billion) and newly committed debt facilities €3.4 billion ($3.6 billion). Under the terms of the agreement, Encore Wire may solicit alternative acquisition proposals from third parties during a 35-day “go-shop” period following the date of execution of the merger agreement. The agreement provides that, upon termination of the agreement by the Encore Wire or Prysmian under specified circumstances, a termination fee of $146.54 million will be payable by the Encore Wire to Prysmian and $180 million will be payable by Prysmian to Encore Wire. The transaction, which has been unanimously approved by each company’s Board of Directors and recommended to its shareholders by Encore Wire’s Board of Directors. The transaction is subject to approval of Encore Wire’s shareholders representing at least a majority of the outstanding shares, the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, regulatory approvals, and other customary closing conditions. The transaction is expected to close in second half of 2024. Andor D. Terner and Viq Shariff of O’Melveny & Myers LLP acted as legal advisor and J.P. Morgan Securities LLC acted financial advisor and fairness opinion provider to Encore Wire. Adam O. Emmerich and Zachary S. Podolsky of Wachtell, Lipton, Rosen & Katz is acting as legal advisor and Goldman Sachs Bank Europe SE, Succursale Italia acted as financial advisor to Prysmian.공시 • Mar 29Encore Wire Corporation, Annual General Meeting, May 07, 2024Encore Wire Corporation, Annual General Meeting, May 07, 2024, at 09:00 Central Standard Time. Agenda: To elect a Board of Directors for the ensuing year; to approve, in a non-binding advisory vote, the compensation of the Company's named executive officers; to approve an Amendment to the Company's Certificate of Incorporation (the Certificate of Incorporation") to reflect Delaware law provisions regarding officer exculpation; to approve an Amendment to the Company's 2020 Long Term Incentive Plan (the 2020 Plan") to increase the number of shares available under the 2020 Plan; to ratify the appointment of Ernst & Young LLP as independent auditors of the Company for the year ending December 31, 2024; and to transact such other business as may properly come before the meeting or any adjournment or postponement thereof.Upcoming Dividend • Mar 28Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 04 April 2024. Payment date: 19 April 2024. Payout ratio is a comfortable 0.4% and this is well supported by cash flows. The company last paid an ordinary dividend in June 2013. The average dividend yield among industry peers is 1.9%.Declared Dividend • Feb 19Fourth quarter dividend of US$0.02 announcedShareholders will receive a dividend of US$0.02. Ex-date: 4th April 2024 Payment date: 19th April 2024 Dividend yield will be 0.03%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 0.3625%. Cash payout ratio: 0.4339%.공시 • Feb 16Encore Wire Corporation Announces Cash Dividend, Payable on April 19, 2024Encore Wire Corporation declared 2 cent per share dividend will be paid on April 19, 2024 to stockholders of record at the close of business on April 5, 2024.Buy Or Sell Opportunity • Feb 15Now 21% undervaluedOver the last 90 days, the stock has risen 22% to €215. The fair value is estimated to be €272, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 0.5% in 2 years. Earnings are forecast to decline by 26% in the next 2 years.Reported Earnings • Feb 14Full year 2023 earnings released: EPS: US$22.07 (vs US$37.47 in FY 2022)Full year 2023 results: EPS: US$22.07 (down from US$37.47 in FY 2022). Revenue: US$2.57b (down 15% from FY 2022). Net income: US$372.4m (down 48% from FY 2022). Profit margin: 14% (down from 24% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 08Encore Wire Corporation to Report Q4, 2023 Results on Feb 13, 2024Encore Wire Corporation announced that they will report Q4, 2023 results on Feb 13, 2024Upcoming Dividend • Dec 28Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 04 January 2024. Payment date: 19 January 2024. Payout ratio is a comfortable 0.3% and this is well supported by cash flows. The company last paid an ordinary dividend in March 2013. The average dividend yield among industry peers is 1.9%.공시 • Nov 08Encore Wire Corporation Announces Cash Dividend, Payable on January 19, 2024Encore Wire Corporation declared 2 cent per share dividend will be paid on January 19, 2024 to stockholders of record at the close of business on January 5, 2024.Reported Earnings • Oct 25Third quarter 2023 earnings released: EPS: US$4.93 (vs US$10.11 in 3Q 2022)Third quarter 2023 results: EPS: US$4.93 (down from US$10.11 in 3Q 2022). Revenue: US$637.0m (down 16% from 3Q 2022). Net income: US$82.1m (down 57% from 3Q 2022). Profit margin: 13% (down from 25% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.공시 • Oct 14Encore Wire Corporation to Report Q3, 2023 Results on Oct 24, 2023Encore Wire Corporation announced that they will report Q3, 2023 results After-Market on Oct 24, 2023Upcoming Dividend • Sep 28Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 05 October 2023. Payment date: 20 October 2023. Payout ratio is a comfortable 0.3% and this is well supported by cash flows. The company last paid an ordinary dividend in November 2012. The average dividend yield among industry peers is 2.2%.공시 • Aug 09Encore Wire Corporation Declares Cash Dividend, Payable on October 20, 2023Encore Wire Corporation announced that the Company’s Board of Directors has declared a cash dividend 2 cents per share dividend will be paid on October 20, 2023 to stockholders of record at the close of business on October 6, 2023.Reported Earnings • Jul 26Second quarter 2023 earnings released: EPS: US$6.13 (vs US$10.84 in 2Q 2022)Second quarter 2023 results: EPS: US$6.13 (down from US$10.84 in 2Q 2022). Revenue: US$636.5m (down 24% from 2Q 2022). Net income: US$104.7m (down 50% from 2Q 2022). Profit margin: 17% (down from 25% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth.공시 • Jul 21Encore Wire Corporation to Report Q2, 2023 Results on Jul 25, 2023Encore Wire Corporation announced that they will report Q2, 2023 results After-Market on Jul 25, 2023Upcoming Dividend • Jun 29Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 06 July 2023. Payment date: 21 July 2023. Payout ratio is a comfortable 0.2% and this is well supported by cash flows. The company last paid an ordinary dividend in August 2012. The average dividend yield among industry peers is 2.1%.공시 • May 06Encore Wire Corporation Announces Cash Dividend, Payable on July 21, 2023Encore Wire Corporation announced that the Company’s Board of Directors has declared a cash dividend of 2 cents per share which will be paid on July 21, 2023 to stockholders of record at the close of business on July 7, 2023.Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: US$6.60 (vs US$8.08 in 1Q 2022)First quarter 2023 results: EPS: US$6.60 (down from US$8.08 in 1Q 2022). Revenue: US$660.5m (down 8.7% from 1Q 2022). Net income: US$119.5m (down 26% from 1Q 2022). Profit margin: 18% (down from 22% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 7.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 29Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 05 April 2023. Payment date: 21 April 2023. Payout ratio is a comfortable 0.2% and this is well supported by cash flows. The company last paid an ordinary dividend in May 2012. The average dividend yield among industry peers is 1.1%.Recent Insider Transactions • Feb 22Assistant Secretary & Controller recently sold €562k worth of stockOn the 21st of February, Matthew Ford sold around 3k shares on-market at roughly €187 per share. This transaction amounted to 8.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.공시 • Feb 18Encore Wire Corporation Declares Cash Dividend, Payable on April 21, 2023Encore Wire Corporation announced that the Company’s Board of Directors has declared a 2 cents per share cash dividend which will be paid on April 21, 2023 to stockholders of record at the close of business on April 6, 2023.Reported Earnings • Feb 16Full year 2022 earnings released: EPS: US$37.47 (vs US$26.49 in FY 2021)Full year 2022 results: EPS: US$37.47 (up from US$26.49 in FY 2021). Revenue: US$3.02b (up 16% from FY 2021). Net income: US$717.8m (up 33% from FY 2021). Profit margin: 24% (up from 21% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 8.6% p.a. on average during the next 2 years, while revenues in the Electrical industry in Germany are expected to grow by 8.6%. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth.공시 • Feb 03Encore Wire Corporation to Report Q4, 2022 Results on Feb 14, 2023Encore Wire Corporation announced that they will report Q4, 2022 results After-Market on Feb 14, 2023Upcoming Dividend • Dec 29Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 05 January 2023. Payment date: 20 January 2023. Payout ratio is a comfortable 0.2% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.9%).공시 • Dec 02Encore Wire Corporation Appoints Bret J. Eckert as Executive Vice PresidentEncore Wire Corporation announced that Bret J. Eckert has been appointed to the role of Executive Vice President. In addition to this role, Mr. Eckert will continue to serve as the Company’s Chief Financial Officer. Mr. Eckert joined Encore Wire Corporation in September 2019 as Vice President – Finance, formally assuming the role of Chief Financial Officer of Encore Wire Corporation on January 1, 2020. Prior to joining Encore, Bret served as Executive Managing Director for the Houston office of Riveron Consulting LLC from June 2018 to August 2019. Previously he was Senior Vice President and CFO of Atmos Energy Corporation in Dallas for approximately five years. He spent the first twenty-two years of his career with Ernst & Young LLP where he was a partner for ten years.공시 • Nov 10Encore Wire Corporation Announces Cash Dividend, Payable on January 20, 2023Encore Wire Corporation announced that the Board of Directors has declared cash dividend of $0.02 per share and will be paid on January 20, 2023 to stockholders of record at the close of business on January 6, 2023.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: US$10.11 (vs US$8.60 in 3Q 2021)Third quarter 2022 results: EPS: US$10.11 (up from US$8.60 in 3Q 2021). Revenue: US$762.4m (up 6.4% from 3Q 2021). Net income: US$191.8m (up 9.2% from 3Q 2021). Profit margin: 25% (in line with 3Q 2021). Revenue is expected to decline by 7.3% p.a. on average during the next 3 years, while revenues in the Electrical industry in Germany are expected to grow by 11%. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.공시 • Oct 19Encore Wire Corporation to Report Q3, 2022 Results on Oct 25, 2022Encore Wire Corporation announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 25, 2022Upcoming Dividend • Sep 29Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 06 October 2022. Payment date: 21 October 2022. Payout ratio is a comfortable 0.2% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (5.5%). Lower than average of industry peers (1.5%).공시 • Aug 25Encore Wire Corporation Announces the Appointment of W. Kelvin Walker as DirectorEncore Wire Corporation announced that the Board of Directors has acted unanimously and appointed W. Kelvin Walker as a Director of Encore Wire Corporation effective August 24, 2022. The appointment of Mr. Walker is being made to fill the vacancy on the Board caused by the resignation of Gregory J. Fisher. The Board has appointed Mr. Walker to serve on the Audit Committee, the Nominating and Corporate Governance Committee, the Sustainability Committee, and the Compensation Committee. Mr. Walker has served since March 2019 as Chief Executive Officer of the Dallas Citizens Council, a non-profit organization made up of over 150 chief executive officers and other top business leaders in North Texas that focuses on advancing public policy issues impacting the Dallas area. Prior to joining the Dallas Citizens Council, Mr. Walker served as a Managing Director of RLJ Equity Partners LLC, a private equity fund, from July 2015 to March 2019. Prior to that, he was a Managing Partner of 21st Century Group, LLC, a private equity firm, from January 1999 to June 2015. Mr. Walker currently serves on the board of directors of Oncor Electric Delivery and Reflekt Me, as well as various non-profit organizations.Valuation Update With 7 Day Price Move • Aug 08Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €114, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 27x in the Electrical industry in Germany. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €55.68 per share.공시 • Aug 06Encore Wire Corporation Announces Executive ChangesEncore Wire Corporation announced Mr. Fisher tendered his resignation as a director of the Company to the Board on May 3, 2022, subject to the Board’s acceptance of such resignation. Pursuant to the terms of the Company’s Majority Voting Policy, the Nominating and Corporate Governance Committee of the Board considered whether to accept or reject Mr. Fisher’s resignation and recommended to the Board that it accept Mr. Fisher’s resignation. While the Committee recognized that Mr. Fisher has been an instrumental member of the Board during his years of service, providing substantial building materials industry and financial knowledge and leadership experience, and was the Chairperson of the Committee when it identified and appointed the Board’s first gender diverse member, the Committee has ultimately recommended that the Board accept Mr. Fisher’s resignation in respect of the will of the Company’s stockholders. The Board, after considering relevant factors and following the Committee’s recommendation, on August 1, 2022, accepted Mr. Fisher’s resignation effective immediately. Mr. Fisher was not a participant in the deliberations of the Committee or the Board. Mr. Fisher’s resignation was not the result of any dispute or disagreement with the Company or the Board on any matter relating to the operations, policies or practices of the Company. The Board has appointed William R. Thomas, a current member of the Board and the Committee, as the new Chairperson of the Committee, effective as of August 1, 2022. As part of the Company’s continued commitment to its stockholders, the Committee continues to actively search for a highly qualified racially diverse director candidate with the intent of filling the Board vacancy in 2022, which the Committee believes will best serve and represent the interest of stockholders.공시 • Aug 04Encore Wire Corporation Declares Cash Dividend, Payable on October 21, 2022Encore Wire Corporation declared a cash dividend of $0.02 per share to stockholders of record at the close of business on October 07, 2022, Payable on October 21, 2022.Reported Earnings • Jul 26Second quarter 2022 earnings released: EPS: US$10.84 (vs US$8.89 in 2Q 2021)Second quarter 2022 results: EPS: US$10.84 (up from US$8.89 in 2Q 2021). Revenue: US$838.2m (up 13% from 2Q 2021). Net income: US$210.5m (up 15% from 2Q 2021). Profit margin: 25% (in line with 2Q 2021). Over the next year, revenue is expected to shrink by 4.0% compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.공시 • Jul 16Encore Wire Corporation to Report Q2, 2022 Results on Jul 25, 2022Encore Wire Corporation announced that they will report Q2, 2022 results After-Market on Jul 25, 2022Upcoming Dividend • Jun 23Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 30 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 0.2% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.1%).Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to €133, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 28x in the Electrical industry in Germany. Total returns to shareholders of 181% over the past three years.공시 • May 08Encore Wire Corporation Declares Cash Dividend, Payable on July 15, 2022Encore Wire Corporation declared a cash dividend of $0.02 per share to stockholders of record at the close of business on July 1, 2022, Payable on July 15, 2022.Valuation Update With 7 Day Price Move • May 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to €116, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 25x in the Electrical industry in Germany. Total returns to shareholders of 131% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €47.27 per share.Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: US$8.08 (vs US$2.00 in 1Q 2021)First quarter 2022 results: EPS: US$8.08 (up from US$2.00 in 1Q 2021). Revenue: US$723.1m (up 63% from 1Q 2021). Net income: US$161.5m (up 292% from 1Q 2021). Profit margin: 22% (up from 9.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.공시 • Apr 21Encore Wire Corporation to Report Q1, 2022 Results on Apr 28, 2022Encore Wire Corporation announced that they will report Q1, 2022 results After-Market on Apr 28, 2022Upcoming Dividend • Mar 24Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 31 March 2022. Payment date: 14 April 2022. Payout ratio is a comfortable 0.3% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (0.9%).공시 • Mar 23Encore Wire Corporation, Annual General Meeting, May 03, 2022Encore Wire Corporation, Annual General Meeting, May 03, 2022, at 09:00 Central Daylight. Agenda: To elect a Board of Directors for the ensuing year; to approve, in a non-binding advisory vote, the compensation of the company’s named executive officers; to ratify the appointment of Ernst & Young LLP as independent auditors of the company for the year ending December 31, 2022; and to consider other matters.공시 • Feb 17Encore Wire Corporation Announces Cash Dividend, Payable on April 14, 2022Encore Wire Corporation announced that the Board of Directors has declared a cash dividend of 2 cents per share. This dividend will be paid on April 14, 2022 to stockholders of record at the close of business on April 1, 2022.Reported Earnings • Feb 16Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$26.49 (up from US$3.69 in FY 2020). Revenue: US$2.59b (up 103% from FY 2020). Net income: US$541.4m (up US$465.4m from FY 2020). Profit margin: 21% (up from 6.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Over the next year, revenue is expected to shrink by 8.7% compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.공시 • Feb 01Encore Wire Corporation to Report Q4, 2021 Results on Feb 15, 2022Encore Wire Corporation announced that they will report Q4, 2021 results After-Market on Feb 15, 2022Upcoming Dividend • Dec 30Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 06 January 2022. Payment date: 21 January 2022. Payout ratio is a comfortable 0.4% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (0.8%).Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to €123, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 24x in the Electrical industry in Germany. Total returns to shareholders of 178% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €95.06 per share.Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS US$8.60 (vs US$1.02 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$716.3m (up 111% from 3Q 2020). Net income: US$175.5m (up US$154.5m from 3Q 2020). Profit margin: 25% (up from 6.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to €85.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 23x in the Electrical industry in Germany. Total returns to shareholders of 103% over the past three years.Upcoming Dividend • Sep 23Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 30 September 2021. Payment date: 15 October 2021. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.8%).Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS US$8.89 (vs US$0.60 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$744.4m (up 194% from 2Q 2020). Net income: US$183.1m (up US$170.7m from 2Q 2020). Profit margin: 25% (up from 4.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$67.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 22x in the Electrical industry in Germany. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €47.54 per share.Upcoming Dividend • Jun 25Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 01 July 2021. Payment date: 16 July 2021. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.5%).공시 • May 06Encore Wire Corporation Announces Cash Dividend, Payable on July 16, 2021Encore Wire Corporation announced that the company’s Board of Directors has declared a cash dividend. The company announced 2 cent per share dividend will be paid on July 16, 2021 to stockholders of record at the close of business on July 2, 2021.Reported Earnings • Apr 28First quarter 2021 earnings released: EPS US$2.00 (vs US$0.90 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$444.1m (up 47% from 1Q 2020). Net income: US$41.2m (up 121% from 1Q 2020). Profit margin: 9.3% (up from 6.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 24Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 31 March 2021. Payment date: 16 April 2021. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (2.0%).Recent Insider Transactions • Mar 16Assistant Secretary & Controller recently sold €614k worth of stockOn the 11th of March, Matthew Ford sold around 11k shares on-market at roughly €58.51 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Is New 90 Day High Low • Mar 03New 90-day high: €56.00The company is up 32% from its price of €42.40 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.23 per share.Analyst Estimate Surprise Post Earnings • Feb 19Revenue beats expectationsRevenue exceeded analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 23%, compared to a 16% growth forecast for the Electrical industry in Germany.Reported Earnings • Feb 19Full year 2020 earnings released: EPS US$3.69 (vs US$2.78 in FY 2019)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: US$1.28b (flat on FY 2019). Net income: US$76.1m (up 31% from FY 2019). Profit margin: 6.0% (up from 4.6% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.이익 및 매출 성장 예측DB:EW3 - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/20242,540316247414N/A12/31/20232,568372291455N/A9/30/20232,628460407568N/A6/30/20232,753570569717N/A3/31/20232,955676550698N/A12/31/20223,018718541689N/A9/30/20223,012705516654N/A6/30/20222,965689488622N/A3/31/20222,872662413537N/A12/31/20212,593541300418N/A9/30/20212,286424112234N/A6/30/20211,909269-9132N/A3/31/20211,41899-5348N/A12/31/20201,27776-2957N/A9/30/20201,198633293N/A6/30/20201,1805885139N/A3/31/20201,2636351104N/A12/31/20191,2755854106N/A9/30/20191,2927370116N/A6/30/20191,3128083115N/A3/31/20191,3128070101N/A12/31/20181,289785582N/A9/30/20181,270823360N/A6/30/20181,222721641N/A3/31/20181,176652144N/A12/31/20171,16467N/A48N/A9/30/20171,10250N/A40N/A6/30/20171,04742N/A35N/A3/31/201799539N/A46N/A12/31/201694134N/A59N/A9/30/201695233N/A68N/A6/30/201697842N/A81N/A3/31/201699345N/A70N/A12/31/20151,01848N/A71N/A9/30/20151,05242N/A76N/A6/30/20151,08738N/A80N/A3/31/20151,14037N/A66N/A12/31/20141,16737N/A63N/A9/30/20141,17543N/A54N/A6/30/20141,18846N/A44N/A3/31/20141,17051N/A52N/A12/31/20131,15847N/A47N/A9/30/20131,12341N/A46N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: EW3 의 예상 수익 증가율이 절약률(0.7%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: EW3 의 수익이 German 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: EW3 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: EW3 의 수익이 German 시장보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 매출: EW3 의 수익이 연간 20%보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: EW3의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/07/03 21:09종가2024/07/03 00:00수익2024/03/31연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Encore Wire Corporation는 8명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Liam BurkeBrean Capital Historical (Janney Montgomery)Christopher MooreCJS Securities, Inc.Brent ThielmanD.A. Davidson & Co.5명의 분석가 더 보기
공시 • Jul 12Encore Wire Corporation Files Form 15Encore Wire Corporation has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Common Stock was $0.01 per share.
공시 • Jul 03Encore Wire Corporation(NasdaqGS:WIRE) dropped from NASDAQ Composite IndexEncore Wire Corporation removed
공시 • Jul 02Encore Wire Corporation Announces Board ResignationsEncore Wire Corporation (Encore, or the Company) announced Pursuant to an Agreement and Plan of Merger dated as of April 14, 2024 (the Merger Agreement), entered into by and among Encore Wire Corporation, Prysmian S.p.A., Applause Merger Sub Inc. (Merger Sub), and solely as provided in Section 9.12 therein, Prysmian Cables and Systems USA, LLC, Merger Sub merged with and into the Company (the Merger), with the company surviving the Merger as a wholly owned subsidiary of Parent (the Surviving Corporation). The Merger became effective on July 2, 2024 (the Closing Date). In connection with the Merger, at the Effective Time, all of the members of the board of directors of Encore ceased serving as directors of Encore.
Declared Dividend • May 20First quarter dividend of US$0.02 announcedShareholders will receive a dividend of US$0.02. Ex-date: 5th July 2024 Payment date: 19th July 2024 Dividend yield will be 0.03%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 0.412%. Cash payout ratio: 0.5106%.
공시 • May 16Encore Wire Corporation Announces Cash Dividend, Payable on July 19, 2024Encore Wire Corporation announced that the Company’s Board of Directors has declared a cash dividend. Daniel L. Jones, Chairman, President and Chief Executive Officer of Encore Wire Corporation, announced, 2 cent per share dividend will be paid on July 19, 2024 to stockholders of record at the close of business on July 5, 2024.
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: US$4.02 (vs US$6.60 in 1Q 2023)First quarter 2024 results: EPS: US$4.02 (down from US$6.60 in 1Q 2023). Revenue: US$632.7m (down 4.2% from 1Q 2023). Net income: US$63.3m (down 47% from 1Q 2023). Profit margin: 10.0% (down from 18% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €275, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Electrical industry in Germany. Total returns to shareholders of 379% over the past three years.
공시 • Apr 15Prysmian S.p.A. (BIT:PRY) entered into an agreement to acquire Encore Wire Corporation (NasdaqGS:WIRE) for $4.7 billion.Prysmian S.p.A. (BIT:PRY) entered into an agreement to acquire Encore Wire Corporation (NasdaqGS:WIRE) for $4.7 billion on April 14, 2024. Prysmian will pay $290 per share in cash for each share of Encore Wire, plus, if applicable, an amount in cash, rounded to the nearest cent, equal to $0.0635 per share multiplied by the number of calendar days elapsed after April 14, 2025 until and excluding the Closing Date. The transaction will be financed through a mix of cash on Prysmian’s Balance Sheet €1.1 billion ($1.2 billion) and newly committed debt facilities €3.4 billion ($3.6 billion). Under the terms of the agreement, Encore Wire may solicit alternative acquisition proposals from third parties during a 35-day “go-shop” period following the date of execution of the merger agreement. The agreement provides that, upon termination of the agreement by the Encore Wire or Prysmian under specified circumstances, a termination fee of $146.54 million will be payable by the Encore Wire to Prysmian and $180 million will be payable by Prysmian to Encore Wire. The transaction, which has been unanimously approved by each company’s Board of Directors and recommended to its shareholders by Encore Wire’s Board of Directors. The transaction is subject to approval of Encore Wire’s shareholders representing at least a majority of the outstanding shares, the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, regulatory approvals, and other customary closing conditions. The transaction is expected to close in second half of 2024. Andor D. Terner and Viq Shariff of O’Melveny & Myers LLP acted as legal advisor and J.P. Morgan Securities LLC acted financial advisor and fairness opinion provider to Encore Wire. Adam O. Emmerich and Zachary S. Podolsky of Wachtell, Lipton, Rosen & Katz is acting as legal advisor and Goldman Sachs Bank Europe SE, Succursale Italia acted as financial advisor to Prysmian.
공시 • Mar 29Encore Wire Corporation, Annual General Meeting, May 07, 2024Encore Wire Corporation, Annual General Meeting, May 07, 2024, at 09:00 Central Standard Time. Agenda: To elect a Board of Directors for the ensuing year; to approve, in a non-binding advisory vote, the compensation of the Company's named executive officers; to approve an Amendment to the Company's Certificate of Incorporation (the Certificate of Incorporation") to reflect Delaware law provisions regarding officer exculpation; to approve an Amendment to the Company's 2020 Long Term Incentive Plan (the 2020 Plan") to increase the number of shares available under the 2020 Plan; to ratify the appointment of Ernst & Young LLP as independent auditors of the Company for the year ending December 31, 2024; and to transact such other business as may properly come before the meeting or any adjournment or postponement thereof.
Upcoming Dividend • Mar 28Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 04 April 2024. Payment date: 19 April 2024. Payout ratio is a comfortable 0.4% and this is well supported by cash flows. The company last paid an ordinary dividend in June 2013. The average dividend yield among industry peers is 1.9%.
Declared Dividend • Feb 19Fourth quarter dividend of US$0.02 announcedShareholders will receive a dividend of US$0.02. Ex-date: 4th April 2024 Payment date: 19th April 2024 Dividend yield will be 0.03%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 0.3625%. Cash payout ratio: 0.4339%.
공시 • Feb 16Encore Wire Corporation Announces Cash Dividend, Payable on April 19, 2024Encore Wire Corporation declared 2 cent per share dividend will be paid on April 19, 2024 to stockholders of record at the close of business on April 5, 2024.
Buy Or Sell Opportunity • Feb 15Now 21% undervaluedOver the last 90 days, the stock has risen 22% to €215. The fair value is estimated to be €272, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 0.5% in 2 years. Earnings are forecast to decline by 26% in the next 2 years.
Reported Earnings • Feb 14Full year 2023 earnings released: EPS: US$22.07 (vs US$37.47 in FY 2022)Full year 2023 results: EPS: US$22.07 (down from US$37.47 in FY 2022). Revenue: US$2.57b (down 15% from FY 2022). Net income: US$372.4m (down 48% from FY 2022). Profit margin: 14% (down from 24% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 08Encore Wire Corporation to Report Q4, 2023 Results on Feb 13, 2024Encore Wire Corporation announced that they will report Q4, 2023 results on Feb 13, 2024
Upcoming Dividend • Dec 28Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 04 January 2024. Payment date: 19 January 2024. Payout ratio is a comfortable 0.3% and this is well supported by cash flows. The company last paid an ordinary dividend in March 2013. The average dividend yield among industry peers is 1.9%.
공시 • Nov 08Encore Wire Corporation Announces Cash Dividend, Payable on January 19, 2024Encore Wire Corporation declared 2 cent per share dividend will be paid on January 19, 2024 to stockholders of record at the close of business on January 5, 2024.
Reported Earnings • Oct 25Third quarter 2023 earnings released: EPS: US$4.93 (vs US$10.11 in 3Q 2022)Third quarter 2023 results: EPS: US$4.93 (down from US$10.11 in 3Q 2022). Revenue: US$637.0m (down 16% from 3Q 2022). Net income: US$82.1m (down 57% from 3Q 2022). Profit margin: 13% (down from 25% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Oct 14Encore Wire Corporation to Report Q3, 2023 Results on Oct 24, 2023Encore Wire Corporation announced that they will report Q3, 2023 results After-Market on Oct 24, 2023
Upcoming Dividend • Sep 28Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 05 October 2023. Payment date: 20 October 2023. Payout ratio is a comfortable 0.3% and this is well supported by cash flows. The company last paid an ordinary dividend in November 2012. The average dividend yield among industry peers is 2.2%.
공시 • Aug 09Encore Wire Corporation Declares Cash Dividend, Payable on October 20, 2023Encore Wire Corporation announced that the Company’s Board of Directors has declared a cash dividend 2 cents per share dividend will be paid on October 20, 2023 to stockholders of record at the close of business on October 6, 2023.
Reported Earnings • Jul 26Second quarter 2023 earnings released: EPS: US$6.13 (vs US$10.84 in 2Q 2022)Second quarter 2023 results: EPS: US$6.13 (down from US$10.84 in 2Q 2022). Revenue: US$636.5m (down 24% from 2Q 2022). Net income: US$104.7m (down 50% from 2Q 2022). Profit margin: 17% (down from 25% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth.
공시 • Jul 21Encore Wire Corporation to Report Q2, 2023 Results on Jul 25, 2023Encore Wire Corporation announced that they will report Q2, 2023 results After-Market on Jul 25, 2023
Upcoming Dividend • Jun 29Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 06 July 2023. Payment date: 21 July 2023. Payout ratio is a comfortable 0.2% and this is well supported by cash flows. The company last paid an ordinary dividend in August 2012. The average dividend yield among industry peers is 2.1%.
공시 • May 06Encore Wire Corporation Announces Cash Dividend, Payable on July 21, 2023Encore Wire Corporation announced that the Company’s Board of Directors has declared a cash dividend of 2 cents per share which will be paid on July 21, 2023 to stockholders of record at the close of business on July 7, 2023.
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: US$6.60 (vs US$8.08 in 1Q 2022)First quarter 2023 results: EPS: US$6.60 (down from US$8.08 in 1Q 2022). Revenue: US$660.5m (down 8.7% from 1Q 2022). Net income: US$119.5m (down 26% from 1Q 2022). Profit margin: 18% (down from 22% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 7.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 29Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 05 April 2023. Payment date: 21 April 2023. Payout ratio is a comfortable 0.2% and this is well supported by cash flows. The company last paid an ordinary dividend in May 2012. The average dividend yield among industry peers is 1.1%.
Recent Insider Transactions • Feb 22Assistant Secretary & Controller recently sold €562k worth of stockOn the 21st of February, Matthew Ford sold around 3k shares on-market at roughly €187 per share. This transaction amounted to 8.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
공시 • Feb 18Encore Wire Corporation Declares Cash Dividend, Payable on April 21, 2023Encore Wire Corporation announced that the Company’s Board of Directors has declared a 2 cents per share cash dividend which will be paid on April 21, 2023 to stockholders of record at the close of business on April 6, 2023.
Reported Earnings • Feb 16Full year 2022 earnings released: EPS: US$37.47 (vs US$26.49 in FY 2021)Full year 2022 results: EPS: US$37.47 (up from US$26.49 in FY 2021). Revenue: US$3.02b (up 16% from FY 2021). Net income: US$717.8m (up 33% from FY 2021). Profit margin: 24% (up from 21% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 8.6% p.a. on average during the next 2 years, while revenues in the Electrical industry in Germany are expected to grow by 8.6%. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth.
공시 • Feb 03Encore Wire Corporation to Report Q4, 2022 Results on Feb 14, 2023Encore Wire Corporation announced that they will report Q4, 2022 results After-Market on Feb 14, 2023
Upcoming Dividend • Dec 29Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 05 January 2023. Payment date: 20 January 2023. Payout ratio is a comfortable 0.2% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.9%).
공시 • Dec 02Encore Wire Corporation Appoints Bret J. Eckert as Executive Vice PresidentEncore Wire Corporation announced that Bret J. Eckert has been appointed to the role of Executive Vice President. In addition to this role, Mr. Eckert will continue to serve as the Company’s Chief Financial Officer. Mr. Eckert joined Encore Wire Corporation in September 2019 as Vice President – Finance, formally assuming the role of Chief Financial Officer of Encore Wire Corporation on January 1, 2020. Prior to joining Encore, Bret served as Executive Managing Director for the Houston office of Riveron Consulting LLC from June 2018 to August 2019. Previously he was Senior Vice President and CFO of Atmos Energy Corporation in Dallas for approximately five years. He spent the first twenty-two years of his career with Ernst & Young LLP where he was a partner for ten years.
공시 • Nov 10Encore Wire Corporation Announces Cash Dividend, Payable on January 20, 2023Encore Wire Corporation announced that the Board of Directors has declared cash dividend of $0.02 per share and will be paid on January 20, 2023 to stockholders of record at the close of business on January 6, 2023.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: US$10.11 (vs US$8.60 in 3Q 2021)Third quarter 2022 results: EPS: US$10.11 (up from US$8.60 in 3Q 2021). Revenue: US$762.4m (up 6.4% from 3Q 2021). Net income: US$191.8m (up 9.2% from 3Q 2021). Profit margin: 25% (in line with 3Q 2021). Revenue is expected to decline by 7.3% p.a. on average during the next 3 years, while revenues in the Electrical industry in Germany are expected to grow by 11%. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.
공시 • Oct 19Encore Wire Corporation to Report Q3, 2022 Results on Oct 25, 2022Encore Wire Corporation announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 25, 2022
Upcoming Dividend • Sep 29Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 06 October 2022. Payment date: 21 October 2022. Payout ratio is a comfortable 0.2% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (5.5%). Lower than average of industry peers (1.5%).
공시 • Aug 25Encore Wire Corporation Announces the Appointment of W. Kelvin Walker as DirectorEncore Wire Corporation announced that the Board of Directors has acted unanimously and appointed W. Kelvin Walker as a Director of Encore Wire Corporation effective August 24, 2022. The appointment of Mr. Walker is being made to fill the vacancy on the Board caused by the resignation of Gregory J. Fisher. The Board has appointed Mr. Walker to serve on the Audit Committee, the Nominating and Corporate Governance Committee, the Sustainability Committee, and the Compensation Committee. Mr. Walker has served since March 2019 as Chief Executive Officer of the Dallas Citizens Council, a non-profit organization made up of over 150 chief executive officers and other top business leaders in North Texas that focuses on advancing public policy issues impacting the Dallas area. Prior to joining the Dallas Citizens Council, Mr. Walker served as a Managing Director of RLJ Equity Partners LLC, a private equity fund, from July 2015 to March 2019. Prior to that, he was a Managing Partner of 21st Century Group, LLC, a private equity firm, from January 1999 to June 2015. Mr. Walker currently serves on the board of directors of Oncor Electric Delivery and Reflekt Me, as well as various non-profit organizations.
Valuation Update With 7 Day Price Move • Aug 08Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €114, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 27x in the Electrical industry in Germany. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €55.68 per share.
공시 • Aug 06Encore Wire Corporation Announces Executive ChangesEncore Wire Corporation announced Mr. Fisher tendered his resignation as a director of the Company to the Board on May 3, 2022, subject to the Board’s acceptance of such resignation. Pursuant to the terms of the Company’s Majority Voting Policy, the Nominating and Corporate Governance Committee of the Board considered whether to accept or reject Mr. Fisher’s resignation and recommended to the Board that it accept Mr. Fisher’s resignation. While the Committee recognized that Mr. Fisher has been an instrumental member of the Board during his years of service, providing substantial building materials industry and financial knowledge and leadership experience, and was the Chairperson of the Committee when it identified and appointed the Board’s first gender diverse member, the Committee has ultimately recommended that the Board accept Mr. Fisher’s resignation in respect of the will of the Company’s stockholders. The Board, after considering relevant factors and following the Committee’s recommendation, on August 1, 2022, accepted Mr. Fisher’s resignation effective immediately. Mr. Fisher was not a participant in the deliberations of the Committee or the Board. Mr. Fisher’s resignation was not the result of any dispute or disagreement with the Company or the Board on any matter relating to the operations, policies or practices of the Company. The Board has appointed William R. Thomas, a current member of the Board and the Committee, as the new Chairperson of the Committee, effective as of August 1, 2022. As part of the Company’s continued commitment to its stockholders, the Committee continues to actively search for a highly qualified racially diverse director candidate with the intent of filling the Board vacancy in 2022, which the Committee believes will best serve and represent the interest of stockholders.
공시 • Aug 04Encore Wire Corporation Declares Cash Dividend, Payable on October 21, 2022Encore Wire Corporation declared a cash dividend of $0.02 per share to stockholders of record at the close of business on October 07, 2022, Payable on October 21, 2022.
Reported Earnings • Jul 26Second quarter 2022 earnings released: EPS: US$10.84 (vs US$8.89 in 2Q 2021)Second quarter 2022 results: EPS: US$10.84 (up from US$8.89 in 2Q 2021). Revenue: US$838.2m (up 13% from 2Q 2021). Net income: US$210.5m (up 15% from 2Q 2021). Profit margin: 25% (in line with 2Q 2021). Over the next year, revenue is expected to shrink by 4.0% compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
공시 • Jul 16Encore Wire Corporation to Report Q2, 2022 Results on Jul 25, 2022Encore Wire Corporation announced that they will report Q2, 2022 results After-Market on Jul 25, 2022
Upcoming Dividend • Jun 23Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 30 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 0.2% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.1%).
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to €133, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 28x in the Electrical industry in Germany. Total returns to shareholders of 181% over the past three years.
공시 • May 08Encore Wire Corporation Declares Cash Dividend, Payable on July 15, 2022Encore Wire Corporation declared a cash dividend of $0.02 per share to stockholders of record at the close of business on July 1, 2022, Payable on July 15, 2022.
Valuation Update With 7 Day Price Move • May 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to €116, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 25x in the Electrical industry in Germany. Total returns to shareholders of 131% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €47.27 per share.
Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: US$8.08 (vs US$2.00 in 1Q 2021)First quarter 2022 results: EPS: US$8.08 (up from US$2.00 in 1Q 2021). Revenue: US$723.1m (up 63% from 1Q 2021). Net income: US$161.5m (up 292% from 1Q 2021). Profit margin: 22% (up from 9.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
공시 • Apr 21Encore Wire Corporation to Report Q1, 2022 Results on Apr 28, 2022Encore Wire Corporation announced that they will report Q1, 2022 results After-Market on Apr 28, 2022
Upcoming Dividend • Mar 24Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 31 March 2022. Payment date: 14 April 2022. Payout ratio is a comfortable 0.3% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (0.9%).
공시 • Mar 23Encore Wire Corporation, Annual General Meeting, May 03, 2022Encore Wire Corporation, Annual General Meeting, May 03, 2022, at 09:00 Central Daylight. Agenda: To elect a Board of Directors for the ensuing year; to approve, in a non-binding advisory vote, the compensation of the company’s named executive officers; to ratify the appointment of Ernst & Young LLP as independent auditors of the company for the year ending December 31, 2022; and to consider other matters.
공시 • Feb 17Encore Wire Corporation Announces Cash Dividend, Payable on April 14, 2022Encore Wire Corporation announced that the Board of Directors has declared a cash dividend of 2 cents per share. This dividend will be paid on April 14, 2022 to stockholders of record at the close of business on April 1, 2022.
Reported Earnings • Feb 16Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$26.49 (up from US$3.69 in FY 2020). Revenue: US$2.59b (up 103% from FY 2020). Net income: US$541.4m (up US$465.4m from FY 2020). Profit margin: 21% (up from 6.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Over the next year, revenue is expected to shrink by 8.7% compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
공시 • Feb 01Encore Wire Corporation to Report Q4, 2021 Results on Feb 15, 2022Encore Wire Corporation announced that they will report Q4, 2021 results After-Market on Feb 15, 2022
Upcoming Dividend • Dec 30Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 06 January 2022. Payment date: 21 January 2022. Payout ratio is a comfortable 0.4% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (0.8%).
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to €123, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 24x in the Electrical industry in Germany. Total returns to shareholders of 178% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €95.06 per share.
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS US$8.60 (vs US$1.02 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$716.3m (up 111% from 3Q 2020). Net income: US$175.5m (up US$154.5m from 3Q 2020). Profit margin: 25% (up from 6.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to €85.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 23x in the Electrical industry in Germany. Total returns to shareholders of 103% over the past three years.
Upcoming Dividend • Sep 23Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 30 September 2021. Payment date: 15 October 2021. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.8%).
Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS US$8.89 (vs US$0.60 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$744.4m (up 194% from 2Q 2020). Net income: US$183.1m (up US$170.7m from 2Q 2020). Profit margin: 25% (up from 4.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$67.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 22x in the Electrical industry in Germany. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €47.54 per share.
Upcoming Dividend • Jun 25Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 01 July 2021. Payment date: 16 July 2021. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.5%).
공시 • May 06Encore Wire Corporation Announces Cash Dividend, Payable on July 16, 2021Encore Wire Corporation announced that the company’s Board of Directors has declared a cash dividend. The company announced 2 cent per share dividend will be paid on July 16, 2021 to stockholders of record at the close of business on July 2, 2021.
Reported Earnings • Apr 28First quarter 2021 earnings released: EPS US$2.00 (vs US$0.90 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$444.1m (up 47% from 1Q 2020). Net income: US$41.2m (up 121% from 1Q 2020). Profit margin: 9.3% (up from 6.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 24Upcoming dividend of US$0.02 per shareEligible shareholders must have bought the stock before 31 March 2021. Payment date: 16 April 2021. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (2.0%).
Recent Insider Transactions • Mar 16Assistant Secretary & Controller recently sold €614k worth of stockOn the 11th of March, Matthew Ford sold around 11k shares on-market at roughly €58.51 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Is New 90 Day High Low • Mar 03New 90-day high: €56.00The company is up 32% from its price of €42.40 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.23 per share.
Analyst Estimate Surprise Post Earnings • Feb 19Revenue beats expectationsRevenue exceeded analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 23%, compared to a 16% growth forecast for the Electrical industry in Germany.
Reported Earnings • Feb 19Full year 2020 earnings released: EPS US$3.69 (vs US$2.78 in FY 2019)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: US$1.28b (flat on FY 2019). Net income: US$76.1m (up 31% from FY 2019). Profit margin: 6.0% (up from 4.6% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.