What is the current Encore Wire market capitalization?
The current market capitalization of Encore Wire is 4.97 B USD.
Encore Wire Market capitalization 2024
Encore Wire Market capitalization
4.97 B USD
Encore Wire Dividend yield
0.03 %
Ticker
WIRE
ISIN
US2925621052
WKN
892473
In 2024, Encore Wire's market cap stood at 4.97 B USD, a 64.72% increase from the 3.02 B USD market cap in the previous year.
The Encore Wire Market capitalization history
| YEAR | REVENUE (undefined USD) | GROSS MARGIN (%) | NET INCOME (undefined USD) |
|---|---|---|---|
| 2027e | 3.66 | 17,93 | - |
| 2026e | 3.33 | 19,73 | - |
| 2025e | 2.84 | 23,10 | 328.84 |
| 2024e | 2.73 | 24,07 | 304.6 |
| 2023 | 2.57 | 25,54 | 372.4 |
| 2022 | 3.02 | 36,86 | 717.8 |
| 2021 | 2.59 | 33,47 | 541.4 |
| 2020 | 1.28 | 15,23 | 76.1 |
| 2019 | 1.28 | 13,02 | 58.1 |
| 2018 | 1.29 | 14,72 | 78.2 |
| 2017 | 1.16 | 13,42 | 67 |
| 2016 | 0.94 | 12,77 | 33.8 |
| 2015 | 1.02 | 13,43 | 47.6 |
| 2014 | 1.17 | 10,71 | 37.1 |
| 2013 | 1.16 | 11,66 | 46.9 |
| 2012 | 1.07 | 8,42 | 19.8 |
| 2011 | 1.18 | 11,94 | 24.1 |
| 2010 | 0.91 | 9,05 | 15.3 |
| 2009 | 0.65 | 7,71 | 3.6 |
| 2008 | 1.08 | 11,41 | 39.8 |
| 2007 | 1.18 | 9,39 | 30.8 |
| 2006 | 1.25 | 19,55 | 115.1 |
| 2005 | 0.76 | 16,51 | 50.1 |
| 2004 | 0.6 | 15,98 | 33.4 |
Encore Wire Aktienanalyse
What does Encore Wire do?
Encore Wire Corp is an American company based in McKinney, Texas, specializing in the production of copper and aluminum wiring products. It was founded in 1989 by Daniel L. Jones and has been traded on NASDAQ under the ticker symbol "WIRE" since its IPO in 1992. The business model of Encore Wire Corp is based on the production and sale of electrical wires used in the construction industry and electrical installations. The company produces a wide range of copper and aluminum wires, including low voltage wire, data and communication cables, and various types of wire products. Encore Wire Corp strives to bring high-quality and reliable products to the market to meet the needs of its customers in various industries. Encore Wire Corp started in 1989 with a production area of 40,000 square feet and a production capacity of 2 million pounds of copper wire per month. The company quickly realized that it was able to produce high-quality wire at a better price than its competitors. Within a few years, it expanded its production capacity to over 50 million pounds of copper wire per month. In 1992, Encore Wire Corp went public, allowing it to generate capital to further expand. Over the past decades, the company has continuously invested in its factory facilities to improve its production capacity and manufacturing processes. Encore Wire Corp currently operates four production facilities in Texas and Oklahoma. Encore Wire Corp produces a wide range of wires and cables used in various industries, including the construction industry, electrical installations, mechanical engineering, and the automotive industry. Some of Encore Wire Corp's key products include: - Low voltage wire: These wire products are suitable for use in residential and commercial buildings and can be used to power outlets, lighting, and electrical devices. - Data and communication cables: These cable products are used in the IT industry, telecommunications industry, and data centers. - Wire products: Encore Wire Corp also produces a wide range of specialized wire products used in a variety of industries. These include wire bundles, flat wire, wire ropes, and flexible wires. In conclusion, Encore Wire Corp is a reliable and reputable manufacturer of electrical wiring products used in various industries. The company has continuously invested in new technologies and factory facilities to improve its production capacity and manufacturing processes. Encore Wire Corp strives to bring high-quality and reliable products to the market to meet the needs of its customers. Encore Wire ist eines der beliebtesten Unternehmen auf Eulerpool.com.Market capitalization Details
Exploring Encore Wire's Market Capitalization
Encore Wire's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.
Year-to-Year Comparison
A yearly comparison of Encore Wire's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.
Impact on Investments
Encore Wire's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.
Interpreting Market Capitalization Fluctuations
Variations in Encore Wire’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.
Frequently Asked Questions about Encore Wire Stock
What is market capitalization?
The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Encore Wire.
How has the market capitalization of Encore Wire developed in recent years?
The market capitalization of Encore Wire has increased/decreased by 64.72% compared to the previous year.
What does market capitalization mean for investors?
The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.
Why is market capitalization an important indicator for investors?
The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.
Why does the market capitalization fluctuate?
The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.
What role does market capitalization play in the valuation of Encore Wire?
In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.
Does the market capitalization influence the performance of Encore Wire?
There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).
Does the market capitalization of Encore Wire have an influence on indices?
Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).
How much dividend does Encore Wire pay?
Over the past 12 months, Encore Wire paid a dividend of 0.08 USD . This corresponds to a dividend yield of about 0.03 %. For the coming 12 months, Encore Wire is expected to pay a dividend of 0.11 USD.
What is the dividend yield of Encore Wire?
The current dividend yield of Encore Wire is 0.03 %.
When does Encore Wire pay dividends?
Encore Wire pays a quarterly dividend. This is distributed in the months of November, February, May, August.
How secure is the dividend of Encore Wire?
Encore Wire paid dividends every year for the past 0 years.
What is the dividend of Encore Wire?
For the upcoming 12 months, dividends amounting to 0.11 USD are expected. This corresponds to a dividend yield of 0.04 %.
In which sector is Encore Wire located?
Encore Wire is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Encore Wire kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Encore Wire from 7/19/2024 amounting to 0.02 USD, you needed to have the stock in your portfolio before the ex-date on 7/5/2024.
When did Encore Wire pay the last dividend?
The last dividend was paid out on 7/19/2024.
What was the dividend of Encore Wire in the year 2023?
In the year 2023, Encore Wire distributed 0.08 USD as dividends.
In which currency does Encore Wire pay out the dividend?
The dividends of Encore Wire are distributed in USD.
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Andere Kennzahlen von Encore Wire
Our stock analysis for Encore Wire Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Encore Wire Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
