WIRE Stock Price, Encore Wire Corp Quote, Chart

Market Summary

USD281.18-0.02

Market Closed

-0.01%

WIRE Alerts

Big fall in earnings (Y/Y)

WIRE Stock Price

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WIRE RSI Chart

WIRE Valuation

Market Cap

4.4B

Price/Earnings (Trailing)

14.04

Price/Sales (Trailing)

1.75

EV/EBITDA

8.61

Price/Free Cashflow

17.95

WIRE Price/Sales (Trailing)

WIRE Profitability

EBT Margin

16.19%

Return on Equity

17.44%

Return on Assets

15.49%

Free Cashflow Yield

5.57%

WIRE Fundamentals

WIRE Revenue

Revenue (TTM)

2.5B

Rev. Growth (Yr)

-4.21%

Rev. Growth (Qtr)

-0.18%

WIRE Earnings

Earnings (TTM)

316.2M

Earnings Growth (Yr)

-47.04%

Earnings Growth (Qtr)

-4.3%

Breaking Down WIRE Revenue

Last 7 days

0.1%

Last 30 days

4.4%

Last 90 days

18.6%

Trailing 12 Months

67.2%

How does WIRE drawdown profile look like?

WIRE Financial Health

Current Ratio

7.49

WIRE Investor Care

Dividend Yield

0.03%

Dividend/Share (TTM)

0.08

Buy Backs (1Y)

10.14%

Diluted EPS (TTM)

18.85

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.5B	0	0	0
2023	3.0B	2.8B	2.6B	2.6B
2022	2.9B	3.0B	3.0B	3.0B
2021	1.4B	1.9B	2.3B	2.6B
2020	1.3B	1.2B	1.2B	1.3B
2019	1.3B	1.3B	1.3B	1.3B
2018	1.2B	1.2B	1.3B	1.3B
2017	994.6M	1.0B	1.1B	1.2B
2016	992.9M	978.0M	952.4M	940.8M
2015	1.1B	1.1B	1.1B	1.0B
2014	1.2B	1.2B	1.2B	1.2B
2013	1.1B	1.1B	1.1B	1.2B
2012	1.2B	1.1B	1.1B	1.1B
2011	1.0B	1.1B	1.2B	1.2B
2010	0	736.5M	823.4M	910.2M
2009	0	0	0	649.6M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Encore Wire Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	walker william kelvin	acquired	-	-	1,250	-
May 07, 2024	weaver scott d	acquired	-	-	1,250	-
May 07, 2024	norris gina a.	acquired	-	-	1,250	-
May 07, 2024	wilson john h	acquired	-	-	1,250	-
May 07, 2024	thomas william r iii	acquired	-	-	1,250	-
Feb 22, 2024	jones daniel l	acquired	1,032,600	51.63	20,000	chairman, president & ceo
Jan 16, 2024	ford matthew d.	sold (taxes)	-	-	-318	controller
Jan 15, 2024	ford matthew d.	acquired	-	-	7,500	controller
Jan 15, 2024	jones daniel l	sold (taxes)	-	-	-28,848	chairman, president & ceo
Jan 15, 2024	ford matthew d.	sold (taxes)	-	-	-2,436	controller

Which funds bought or sold WIRE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-18.88	-4,000	1,747,000	-%
May 07, 2024	ASSETMARK, INC	added	5.62	1,602,000	6,952,910	0.02%
May 07, 2024	MILLER VALUE PARTNERS, LLC	reduced	-54.73	-2,299,900	2,890,580	1.85%
May 07, 2024	KLEIN PAVLIS & PEASLEY FINANCIAL, INC.	added	179	671,893	946,796	0.86%
May 07, 2024	NDVR, Inc.	added	5.96	72,934	313,234	0.30%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	added	26.52	1,525,780	4,267,550	-%
May 07, 2024	TECTONIC ADVISORS LLC	reduced	-5.79	163,237	1,189,500	0.09%
May 07, 2024	Empowered Funds, LLC	added	61.25	3,109,290	6,269,930	0.06%
May 07, 2024	Inspire Investing, LLC	reduced	-25.27	-197,639	2,251,500	0.23%
May 07, 2024	SEI INVESTMENTS CO	added	11.98	2,033,680	7,417,650	0.01%

Are Funds Buying or Selling WIRE?

Are funds buying WIRE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WIRE

No. of Funds

WIRE Alerts

Big fall in earnings (Y/Y)

Unveiling Encore Wire Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.84%	1,710,312	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	8.4%	1,319,844	SC 13G/A
Jan 22, 2024	blackrock inc.	17.1%	2,700,890	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	8.7%	1,590,369	SC 13G/A
Feb 09, 2023	vanguard group inc	11.36%	2,084,624	SC 13G/A
Jan 26, 2023	blackrock inc.	15.8%	2,893,210	SC 13G/A
Jan 20, 2023	blackrock inc.	15.8%	2,893,210	SC 13G/A
Feb 10, 2022	vanguard group inc	10.90%	2,208,794	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	7.4%	1,502,752	SC 13G/A
Feb 01, 2022	victory capital management inc	1.11%	225,035	SC 13G/A

Recent SEC filings of Encore Wire Corp

View All Filings

Date Filed	Form Type	Document
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
Apr 25, 2024	10-Q	Quarterly Report
Apr 23, 2024	8-K	Current Report
Apr 15, 2024	DEFA14A	DEFA14A
Apr 15, 2024	8-K	Current Report
Mar 28, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Encore Wire Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CARR	58.0B	23.0B	11.22%	50.37%	43.19	2.52	9.35%	-48.07%
HUBB	21.3B	5.5B	-4.69%	46.26%	29.31	3.88	8.06%	32.52%
BLDR	20.0B	17.1B	-18.47%	42.57%	13.61	1.17	-18.27%	-40.02%
CSL	19.4B	4.8B	2.01%	93.81%	22.67	3.97	-3.54%	3.11%
LECO	13.0B	-	-7.02%	35.47%	23.86	3.13	6.67%	16.79%
MID-CAP
AYI	8.1B	3.9B	-1.97%	66.90%	21.41	2.1	-6.35%	-0.40%
AAON	6.3B	1.2B	-17.10%	19.47%	35.2	5.44	19.83%	50.95%
ATKR	5.7B	3.4B	-12.97%	22.81%	9.29	1.7	-11.52%	-24.82%
AEIS	3.8B	1.6B	2.62%	19.66%	29.66	2.44	-16.80%	-35.75%
PLUG	1.7B	891.3M	-19.23%	-68.52%	-1.26	1.93	27.07%	-89.06%
SMALL-CAP
APOG	1.5B	1.4B	10.38%	67.18%	14.62	1.03	-1.65%	-4.32%
ACTG	519.5M	130.3M	0.78%	32.99%	7.75	3.99	54.06%	153.62%
ACCO	480.1M	1.8B	-4.56%	-2.33%	-19.68	0.27	-6.26%	-71.83%
FCEL	343.4M	103.0M	-33.91%	-67.52%	-3.76	3.33	-24.12%	24.29%
APT	66.4M	61.2M	-14.09%	45.84%	15.84	1.08	-1.21%	27.64%

Encore Wire Corp News

Latest updates

Encore Wire Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.2%	633	634	637	636	660	694	762	838	723	688	716	744	444	381	340	254	303	302	321	337	315
Gross Profit	-0.3%	136	136	148	166	205	248	299	321	244	235	271	277	85.00	59.00	53.00	36.00	46.00	36.00	43.00	46.00	41.00
S&GA Expenses	7.4%	61.00	57.00	50.00	39.00	59.00	56.00	55.00	50.00	36.00	52.00	44.00	41.00	31.00	28.00	26.00	21.00	22.00	23.00	23.00	24.00	25.00
EBITDA Margin	-13.1%	0.17*	0.20*	0.24*	0.28*	0.30*	0.32*	0.31*	0.31*	0.31*	0.28*	0.25*	0.19*	-	-	-	-	-	-	-	-	-
Income Taxes	-9.1%	19.00	21.00	25.00	31.00	36.00	45.00	55.00	60.00	46.00	41.00	51.00	53.00	12.00	7.00	6.00	4.00	6.00	3.00	5.00	5.00	4.00
Earnings Before Taxes	-5.5%	82.00	87.00	107	136	156	199	247	271	208	183	227	236	53.00	31.00	27.00	16.00	24.00	14.00	21.00	23.00	17.00
EBT Margin	-14.2%	0.16*	0.19*	0.23*	0.27*	0.30*	0.31*	0.30*	0.30*	0.30*	0.27*	0.24*	0.18*	-	-	-	-	-	-	-	-	-
Net Income	-4.3%	63.00	66.00	82.00	105	119	154	192	211	162	142	176	183	41.00	24.00	21.00	12.00	19.00	11.00	16.00	18.00	13.00
Net Income Margin	-14.2%	0.12*	0.15*	0.18*	0.21*	0.23*	0.24*	0.23*	0.23*	0.23*	0.21*	0.19*	0.14*	-	-	-	-	-	-	-	-	-
Free Cashflow	-18.7%	52.00	64.00	36.00	96.00	95.00	180	198	77.00	86.00	155	170	3.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.7%	2,042	1,968	1,979	2,013	1,997	2,019	1,883	1,769	1,660	1,531	1,393	1,275	1,030	966	942	884	866	883	870	854	817
Current Assets	4.3%	1,262	1,211	1,265	1,329	1,354	1,402	1,295	1,207	1,135	1,035	926	823	596	555	565	534	526	549	545	542	512
Cash Equivalents	9.5%	614	561	582	668	697	731	574	470	466	439	295	158	155	183	217	250	207	231	204	185	178
Inventory	6.1%	174	164	159	163	174	153	136	121	116	101	91.00	88.00	90.00	92.00	87.00	88.00	91.00	90.00	90.00	96.00	102
Net PPE	2.9%	779	757	714	684	642	617	588	561	524	495	467	451	433	411	376	350	340	333	325	311	304
Liabilities	3.7%	229	220	217	216	183	200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Liabilities	5.2%	168	160	161	161	129	144	152	145	183	154	152	178	118	94.00	96.00	60.00	58.00	75.00	73.00	76.00	58.00
Shareholder's Equity	3.7%	1,813	1,748	1,762	1,797	1,814	1,819	1,685	1,584	1,444	1,339	1,207	1,064	879	838	814	792	777	779	769	753	735
Retained Earnings	2.5%	2,571	2,508	2,443	2,361	2,257	2,137	1,984	1,792	1,582	1,421	1,280	1,105	922	881	858	837	825	807	797	781	763
Additional Paid-In Capital	2.3%	108	106	100	94.00	88.00	84.00	81.00	78.00	75.00	73.00	71.00	70.00	69.00	68.00	67.00	67.00	63.00	63.00	63.00	63.00	62.00
Accumulated Depreciation	2.4%	313	306	-	-	-	-	-	-	-	-	287	285	285	284	280	275	270	267	263	260	257
Shares Outstanding	-6.7%	16.00	17.00	17.00	18.00	18.00	19.00	19.00	20.00	20.00	20.00	21.00	21.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	2,125	-	-	-	1,392	-	-	-	1,130	-	-	-	841	-	-	-	1,000	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-21.6%	86,132	109,817	79,353	139,099	126,937	222,570	228,024	120,582	117,707	187,494	196,585	35,184	-845	2,942	-5,764	51,279	9,005	38,675	39,595	16,445	11,406
Share Based Compensation	-87.5%	689	5,534	5,516	6,387	4,040	2,691	2,756	3,276	1,939	867	851	1,331	737	391	396	631	460	304	53.00	502	760
Cashflow From Investing	25.9%	-34,093	-45,983	-43,818	-42,966	-31,768	-42,841	-30,263	-43,274	-31,972	-33,071	-26,453	-32,127	-26,504	-36,512	-27,648	-9,697	-12,134	-11,227	-20,041	-9,338	-11,850
Cashflow From Financing	101.7%	1,414	-84,952	-121,572	-125,767	-128,302	-22,754	-93,719	-73,862	-58,631	-10,293	-33,144	-153	-806	-410	132	1,963	-20,998	-419	-418	-281	13.00
Dividend Payments	-2.2%	315	322	338	349	367	378	378	389	403	398	412	412	411	410	412	410	418	419	418	418	418
Buy Backs	-100.0%	-	85,147	121,235	125,521	128,252	22,377	93,392	73,473	58,383	10,564	32,732	-	-	-	-	82.00	20,580	-	-	-	-

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WIRE Income Statement

2024-03-31

Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 632,661	$ 660,492
Cost of goods sold	496,672	455,407
Gross profit	135,989	205,085
Selling, general, and administrative expenses	61,088	58,704
Operating income	74,901	146,381
Net interest and other income	7,330	9,174
Income before income taxes	82,231	155,555
Provision for income taxes	18,954	36,072
Net income	$ 63,277	$ 119,483
Earnings per common and common equivalent share - basic (in usd per share)	$ 4.02	$ 6.60
Earnings per common and common equivalent share - diluted (in usd per share)	$ 3.92	$ 6.50
Weighted average common and common equivalent shares outstanding - basic (in shares)	15,738	18,099
Weighted average common and common equivalent shares outstanding - diluted (in shares)	16,143	18,369
Cash dividends declared per share (in usd per share)	$ 0.02	$ 0.02

WIRE Balance Sheet

2024-03-31

Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 614,088	$ 560,635
Accounts receivable, net of allowance of $2,455 and $2,455	471,246	475,291
Inventories, net	173,669	163,679
Income tax receivable	0	4,769
Prepaid expenses and other	3,151	6,201
Total current assets	1,262,154	1,210,575
Property, plant and equipment, net	779,017	756,863
Other assets	369	474
Total assets	2,041,540	1,967,912
Current liabilities:
Trade accounts payable	84,355	80,548
Accrued liabilities	69,157	79,590
Income taxes payable	14,895	0
Total current liabilities	168,407	160,138
Long-term liabilities:
Deferred income taxes and other	60,176	60,197
Total long-term liabilities	60,176	60,197
Total liabilities	228,583	220,335
Commitments and contingencies
Stockholders’ equity:
Preferred stock value	0	0
Common stock value	274	273
Additional paid-in capital	108,452	106,035
Treasury stock, at cost – 11,661,524 and 11,661,524 shares	(867,222)	(867,222)
Retained earnings	2,571,453	2,508,491
Total stockholders’ equity	1,812,957	1,747,577
Total liabilities and stockholders’ equity	$ 2,041,540	$ 1,967,912

About Encore Wire Corp

Encore Wire Corporation engages in manufacture and sale of electrical building wires and cables in the United States. The company 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. It sells its products to wholesale electrical distributors primarily 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.

CEO	Mr. Daniel L. Jones
WEBSITE	encorewire.com
INDUSTRY	Communication Equipment
EMPLOYEES	1672

Encore Wire Corp Frequently Asked Questions

What is the ticker symbol for Encore Wire Corp? What does WIRE stand for in stocks?

WIRE is the stock ticker symbol of Encore Wire Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Encore Wire Corp (WIRE)?

As of Wed May 08 2024, market cap of Encore Wire Corp is 4.44 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WIRE stock?

You can check WIRE's fair value in chart for subscribers.

What is the fair value of WIRE stock?

You can check WIRE's fair value in chart for subscribers. The fair value of Encore Wire Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Encore Wire Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WIRE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Encore Wire Corp a good stock to buy?

The fair value guage provides a quick view whether WIRE is over valued or under valued. Whether Encore Wire Corp is cheap or expensive depends on the assumptions which impact Encore Wire Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WIRE.

What is Encore Wire Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, WIRE's PE ratio (Price to Earnings) is 14.04 and Price to Sales (PS) ratio is 1.75. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WIRE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Encore Wire Corp's stock?

In the past 10 years, Encore Wire Corp has provided 0.195 (multiply by 100 for percentage) rate of return.