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WIRE

Encore Wire NasdaqGS:WIRE Stock Report

Last Price

US$140.25

Market Cap

US$2.6b

7D

-6.0%

1Y

10.8%

Updated

08 Dec, 2022

Data

Company Financials +
WIRE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends0/6

WIRE Stock Overview

Encore Wire Corporation manufactures and sells electrical building wires and cables for interior electrical wiring in the United States.

Encore Wire Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Encore Wire
Historical stock prices
Current Share PriceUS$140.25
52 Week HighUS$155.36
52 Week LowUS$94.39
Beta1.31
1 Month Change-1.21%
3 Month Change10.14%
1 Year Change10.80%
3 Year Change138.48%
5 Year Change198.40%
Change since IPO4,949.00%

Recent News & Updates

Why Encore Wire Corporation (NASDAQ:WIRE) Could Be Worth Watching

Nov 17
Why Encore Wire Corporation (NASDAQ:WIRE) Could Be Worth Watching

Do Encore Wire's (NASDAQ:WIRE) Earnings Warrant Your Attention?

Oct 24
Do Encore Wire's (NASDAQ:WIRE) Earnings Warrant Your Attention?

Recent updates

Why Encore Wire Corporation (NASDAQ:WIRE) Could Be Worth Watching

Nov 17
Why Encore Wire Corporation (NASDAQ:WIRE) Could Be Worth Watching

Do Encore Wire's (NASDAQ:WIRE) Earnings Warrant Your Attention?

Oct 24
Do Encore Wire's (NASDAQ:WIRE) Earnings Warrant Your Attention?

At US$131, Is It Time To Put Encore Wire Corporation (NASDAQ:WIRE) On Your Watch List?

Aug 16
At US$131, Is It Time To Put Encore Wire Corporation (NASDAQ:WIRE) On Your Watch List?

Is Now The Time To Put Encore Wire (NASDAQ:WIRE) On Your Watchlist?

Jul 26
Is Now The Time To Put Encore Wire (NASDAQ:WIRE) On Your Watchlist?

I Ran A Stock Scan For Earnings Growth And Encore Wire (NASDAQ:WIRE) Passed With Ease

Apr 19
I Ran A Stock Scan For Earnings Growth And Encore Wire (NASDAQ:WIRE) Passed With Ease

Is It Time To Consider Buying Encore Wire Corporation (NASDAQ:WIRE)?

Mar 21
Is It Time To Consider Buying Encore Wire Corporation (NASDAQ:WIRE)?

Encore Wire (NASDAQ:WIRE) Is Very Good At Capital Allocation

Jan 14
Encore Wire (NASDAQ:WIRE) Is Very Good At Capital Allocation

If You Like EPS Growth Then Check Out Encore Wire (NASDAQ:WIRE) Before It's Too Late

Dec 15
If You Like EPS Growth Then Check Out Encore Wire (NASDAQ:WIRE) Before It's Too Late

A Look At The Intrinsic Value Of Encore Wire Corporation (NASDAQ:WIRE)

Nov 29
A Look At The Intrinsic Value Of Encore Wire Corporation (NASDAQ:WIRE)

At US$142, Is Encore Wire Corporation (NASDAQ:WIRE) Worth Looking At Closely?

Nov 12
At US$142, Is Encore Wire Corporation (NASDAQ:WIRE) Worth Looking At Closely?

Is Now The Time To Put Encore Wire (NASDAQ:WIRE) On Your Watchlist?

Aug 19
Is Now The Time To Put Encore Wire (NASDAQ:WIRE) On Your Watchlist?

Analysts Just Shipped A Sizeable Upgrade To Their Encore Wire Corporation (NASDAQ:WIRE) Estimates

Jul 30
Analysts Just Shipped A Sizeable Upgrade To Their Encore Wire Corporation (NASDAQ:WIRE) Estimates

Is There Now An Opportunity In Encore Wire Corporation (NASDAQ:WIRE)?

Jun 22
Is There Now An Opportunity In Encore Wire Corporation (NASDAQ:WIRE)?

The Returns At Encore Wire (NASDAQ:WIRE) Aren't Growing

Jun 04
The Returns At Encore Wire (NASDAQ:WIRE) Aren't Growing

Does Encore Wire (NASDAQ:WIRE) Deserve A Spot On Your Watchlist?

May 20
Does Encore Wire (NASDAQ:WIRE) Deserve A Spot On Your Watchlist?

Encore Wire's (NASDAQ:WIRE) Earnings Are Weaker Than They Seem

May 05
Encore Wire's (NASDAQ:WIRE) Earnings Are Weaker Than They Seem

Analysts Just Made A Meaningful Upgrade To Their Encore Wire Corporation (NASDAQ:WIRE) Forecasts

May 01
Analysts Just Made A Meaningful Upgrade To Their Encore Wire Corporation (NASDAQ:WIRE) Forecasts

Increases to CEO Compensation Might Be Put On Hold For Now at Encore Wire Corporation (NASDAQ:WIRE)

Apr 28
Increases to CEO Compensation Might Be Put On Hold For Now at Encore Wire Corporation (NASDAQ:WIRE)

The Assistant Secretary & Controller of Encore Wire Corporation (NASDAQ:WIRE), Matthew Ford, Just Sold 47% Of Their Holding

Mar 17
The Assistant Secretary & Controller of Encore Wire Corporation (NASDAQ:WIRE), Matthew Ford, Just Sold 47% Of Their Holding

Is Now The Time To Look At Buying Encore Wire Corporation (NASDAQ:WIRE)?

Mar 15
Is Now The Time To Look At Buying Encore Wire Corporation (NASDAQ:WIRE)?

Party Time: Brokers Just Made Major Increases To Their Encore Wire Corporation (NASDAQ:WIRE) Earnings Forecasts

Feb 22
Party Time: Brokers Just Made Major Increases To Their Encore Wire Corporation (NASDAQ:WIRE) Earnings Forecasts

Encore Wire Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Feb 18
Encore Wire Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Encore Wire Corporation's (NASDAQ:WIRE) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Feb 03
Encore Wire Corporation's (NASDAQ:WIRE) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

The Returns At Encore Wire (NASDAQ:WIRE) Provide Us With Signs Of What's To Come

Jan 13
The Returns At Encore Wire (NASDAQ:WIRE) Provide Us With Signs Of What's To Come

What Can We Conclude About Encore Wire's (NASDAQ:WIRE) CEO Pay?

Dec 22
What Can We Conclude About Encore Wire's (NASDAQ:WIRE) CEO Pay?

Is There Now An Opportunity In Encore Wire Corporation (NASDAQ:WIRE)?

Dec 01
Is There Now An Opportunity In Encore Wire Corporation (NASDAQ:WIRE)?

Shareholder Returns

WIREUS ElectricalUS Market
7D-6.0%-3.3%-2.8%
1Y10.8%-21.9%-19.6%

Return vs Industry: WIRE exceeded the US Electrical industry which returned -23.7% over the past year.

Return vs Market: WIRE exceeded the US Market which returned -21.2% over the past year.

Price Volatility

Is WIRE's price volatile compared to industry and market?
WIRE volatility
WIRE Average Weekly Movement6.5%
Electrical Industry Average Movement10.1%
Market Average Movement7.4%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.3%

Stable Share Price: WIRE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: WIRE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19891,440Daniel Joneshttps://www.encorewire.com

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 manufacturers’ representatives.

Encore Wire Corporation Fundamentals Summary

How do Encore Wire's earnings and revenue compare to its market cap?
WIRE fundamental statistics
Market CapUS$2.57b
Earnings (TTM)US$705.49m
Revenue (TTM)US$3.01b

3.6x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WIRE income statement (TTM)
RevenueUS$3.01b
Cost of RevenueUS$1.91b
Gross ProfitUS$1.10b
Other ExpensesUS$393.61m
EarningsUS$705.49m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)38.46
Gross Margin36.50%
Net Profit Margin23.43%
Debt/Equity Ratio0.0%

How did WIRE perform over the long term?

See historical performance and comparison

Dividends

0.06%

Current Dividend Yield

0.222%

Payout Ratio

Does WIRE pay a reliable dividends?

See WIRE dividend history and benchmarks
When do you need to buy WIRE by to receive an upcoming dividend?
Encore Wire dividend dates
Ex Dividend DateJan 05 2023
Dividend Pay DateJan 20 2023
Days until Ex dividend26 days
Days until Dividend pay date41 days

Does WIRE pay a reliable dividends?

See WIRE dividend history and benchmarks