Encore Wire - WIRE Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $200.00
  • Forecasted Upside: 15.52%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$173.13
▲ +2.78 (1.63%)

This chart shows the closing price for WIRE by one month, three months, or twelve months.

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Analyst Price Target for WIRE

Analyst Price Target is $200.00
▲ +15.52% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Encore Wire in the last 3 months. The average price target is $200.00, with a high forecast of $200.00 and a low forecast of $200.00. The average price target represents a 15.52% upside from the last price of $173.13.

This chart shows the closing price for WIRE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 contributing investment analysts is to buy stock in Encore Wire. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/16/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/14/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/12/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/13/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/11/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/9/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/8/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/7/2023

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/27/2022DA DavidsonBoost Target$200.00Low
7/27/2022DA DavidsonBoost TargetOutperform$175.00 ➝ $190.00Low
5/2/2022DA DavidsonBoost Target$150.00 ➝ $175.00High
10/28/2021DA DavidsonBoost TargetBuy$115.00 ➝ $150.00High
2/18/2021DA DavidsonBoost Target$70.00 ➝ $80.00Low
1/21/2021SidotiDowngradeBuy ➝ Neutral$59.00 ➝ $65.00High
12/30/2020DA DavidsonBoost Target$59.00 ➝ $70.00N/A
11/16/2020DA DavidsonUpgradeNeutral ➝ Buy$59.00High
10/28/2020SidotiBoost TargetBuy$57.00 ➝ $59.00High
4/30/2020DA DavidsonDowngradeBuy ➝ Neutral$60.00 ➝ $56.00High
2/19/2020SidotiLower TargetBuy$68.00 ➝ $66.00High
6/3/2019SidotiUpgradeNeutral ➝ BuyHigh
2/13/2019SidotiDowngradeBuy ➝ Neutral$58.00High
12/4/2018DA DavidsonSet TargetBuy$60.00High
8/2/2018DA DavidsonSet TargetBuy ➝ Buy$60.00Low
5/2/2018DA DavidsonUpgradeNeutral ➝ BuyHigh
2/23/2018DA DavidsonBoost TargetNeutral$54.00Low
(Data available from 2/7/2018 forward)

News Sentiment Rating

0.82 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

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Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/12/2022
  • 7 very positive mentions
  • 9 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
8/11/2022
  • 3 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/10/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/10/2022
  • 6 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
11/9/2022
  • 3 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/9/2022
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/8/2023
  • 7 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/7/2023

Current Sentiment

  • 7 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Encore Wire logo
Encore Wire Corp. engages in manufacturing copper electrical building wire and cable. The firm supplies building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments and manufactured housing. It offers an electric building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2 and other types of wire products, including Metal Clad, Armored Cable, Photovoltaic Cable and Bare Copper. Its principal customers are wholesale electrical distributors, who sell building wire and a variety of other products to electrical contractors. The company was founded by Vincent A. Rego in 1989 and is headquartered in McKinney, TX.
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Today's Range

Now: $173.13
Low: $169.55
High: $174.21

50 Day Range

MA: $145.90
Low: $133.42
High: $171.99

52 Week Range

Now: $173.13
Low: $94.39
High: $175.03

Volume

40,856 shs

Average Volume

150,082 shs

Market Capitalization

$3.18 billion

P/E Ratio

4.87

Dividend Yield

0.05%

Beta

1.35

Frequently Asked Questions

What sell-side analysts currently cover shares of Encore Wire?

The following Wall Street analysts have issued reports on Encore Wire in the last year: DA Davidson, and StockNews.com.
View the latest analyst ratings for WIRE.

What is the current price target for Encore Wire?

1 Wall Street analysts have set twelve-month price targets for Encore Wire in the last year. Their average twelve-month price target is $200.00, suggesting a possible upside of 17.4%. DA Davidson has the highest price target set, predicting WIRE will reach $200.00 in the next twelve months. DA Davidson has the lowest price target set, forecasting a price of $200.00 for Encore Wire in the next year.
View the latest price targets for WIRE.

What is the current consensus analyst rating for Encore Wire?

Encore Wire currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe WIRE will outperform the market and that investors should add to their positions of Encore Wire.
View the latest ratings for WIRE.

What other companies compete with Encore Wire?

How do I contact Encore Wire's investor relations team?

Encore Wire's physical mailing address is 1329 MILLWOOD RD, MCKINNEY TX, 75069. The electronics maker's listed phone number is (972) 562-9473. The official website for Encore Wire is www.encorewire.com. Learn More about contacing Encore Wire investor relations.