This company has been acquired
WIRE Stock Overview
Engages in manufacture and sale of electrical building wires and cables in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Encore Wire Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$289.84 |
| 52 Week High | US$295.90 |
| 52 Week Low | US$150.51 |
| Beta | 1.23 |
| 1 Month Change | 0.45% |
| 3 Month Change | 9.81% |
| 1 Year Change | 60.69% |
| 3 Year Change | 299.67% |
| 5 Year Change | 421.58% |
| Change since IPO | 10,334.23% |
Recent News & Updates
Recent updates
Encore Wire Corporation's (NASDAQ:WIRE) Low P/E No Reason For Excitement
May 23
Encore Wire Merger Presents Interesting Proposition
Apr 16At US$262, Is It Time To Put Encore Wire Corporation (NASDAQ:WIRE) On Your Watch List?
Apr 03Encore Wire: Raising My Price Target To $300, As The Shorts Are Trapped
Feb 28Encore Wire: Good Business, But No Longer A Value Play (Rating Downgrade)
Feb 19Encore Wire Corporation's (NASDAQ:WIRE) Shares Lagging The Market But So Is The Business
Jan 05At US$210, Is Encore Wire Corporation (NASDAQ:WIRE) Worth Looking At Closely?
Dec 15Encore Wire (NASDAQ:WIRE) Could Become A Multi-Bagger
Nov 08An Intrinsic Calculation For Encore Wire Corporation (NASDAQ:WIRE) Suggests It's 28% Undervalued
Oct 05Is Now An Opportune Moment To Examine Encore Wire Corporation (NASDAQ:WIRE)?
Aug 29We Think Encore Wire (NASDAQ:WIRE) Might Have The DNA Of A Multi-Bagger
Jun 27Why Encore Wire Corporation (NASDAQ:WIRE) Could Be Worth Watching
May 17Estimating The Fair Value Of Encore Wire Corporation (NASDAQ:WIRE)
Apr 23Why We Like The Returns At Encore Wire (NASDAQ:WIRE)
Mar 24New Forecasts: Here's What Analysts Think The Future Holds For Encore Wire Corporation (NASDAQ:WIRE)
Feb 18What Does Encore Wire Corporation's (NASDAQ:WIRE) Share Price Indicate?
Feb 15We Ran A Stock Scan For Earnings Growth And Encore Wire (NASDAQ:WIRE) Passed With Ease
Jan 24Why Encore Wire Corporation (NASDAQ:WIRE) Could Be Worth Watching
Nov 17Do Encore Wire's (NASDAQ:WIRE) Earnings Warrant Your Attention?
Oct 24Encore Wire Corporation: Still Extremely Undervalued
Oct 04Encore Wire: Copper Prices Will Remain Elevated Despite The Fed's Best Efforts
Sep 15At US$131, Is It Time To Put Encore Wire Corporation (NASDAQ:WIRE) On Your Watch List?
Aug 16Encore Wire: Ride The Energy Transition With A Boring Business
Aug 10Is Now The Time To Put Encore Wire (NASDAQ:WIRE) On Your Watchlist?
Jul 26Shareholder Returns
| WIRE | US Electrical | US Market | |
|---|---|---|---|
| 7D | 0.08% | -3.0% | -2.6% |
| 1Y | 60.7% | 26.6% | 24.5% |
Return vs Industry: WIRE exceeded the US Electrical industry which returned 10.4% over the past year.
Return vs Market: WIRE exceeded the US Market which returned 20.5% over the past year.
Price Volatility
| WIRE volatility | |
|---|---|
| WIRE Average Weekly Movement | 3.8% |
| Electrical Industry Average Movement | 11.8% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.7% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: WIRE has not had significant price volatility in the past 3 months.
Volatility Over Time: WIRE's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1989 | 1,629 | Daniel Jones | www.encorewire.com |
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.
Encore Wire Corporation Fundamentals Summary
| WIRE fundamental statistics | |
|---|---|
| Market cap | US$4.58b |
| Earnings (TTM) | US$316.19m |
| Revenue (TTM) | US$2.54b |
14.5x
P/E Ratio1.8x
P/S RatioIs WIRE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WIRE income statement (TTM) | |
|---|---|
| Revenue | US$2.54b |
| Cost of Revenue | US$1.95b |
| Gross Profit | US$586.79m |
| Other Expenses | US$270.59m |
| Earnings | US$316.19m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 20.02 |
| Gross Margin | 23.10% |
| Net Profit Margin | 12.45% |
| Debt/Equity Ratio | 0% |
How did WIRE perform over the long term?
See historical performance and comparisonDividends
0.03%
Current Dividend Yield0.412%
Payout RatioDoes WIRE pay a reliable dividends?
See WIRE dividend history and benchmarks| Encore Wire dividend dates | |
|---|---|
| Ex Dividend Date | Jul 05 2024 |
| Dividend Pay Date | Jul 19 2024 |
| Days until Ex dividend | 182 days |
| Days until Dividend pay date | 168 days |
Does WIRE pay a reliable dividends?
See WIRE dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/07/03 17:08 |
| End of Day Share Price | 2024/07/03 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Encore Wire Corporation is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Moore | CJS Securities, Inc. |
| Brent Thielman | D.A. Davidson & Co. |
| Liam Burke | Janney Montgomery Scott LLC |