Encore Wire Corporation (WIRE) Stock
WIRE is no longer traded. Encore Wire was acquired by Prysmian on July 18, 2024.
Each WIRE share was exchanged for $290.00 in cash. Prices on this page are historical; the last trade was July 1, 2024 at $289.84.
Encore Wire stock price history
WIRE final trading statistics
- Final close
- $289.84
- Final trading day
- Jul 1, 2024
- Market cap at delisting
- $4.58B
- Shares outstanding
- 15.80M
- Final 52-week range
- $150.51 – $295.90
- Avg. volume (final 3 mo.)
- 450,928
- All-time high (split-adj.)
- $291.23 · Apr 2024
- All-time low (split-adj.)
- $1.92 · Apr 1993
- Return since IPO
- +10748.5%
- Beta
- 1.23
- Book value / share
- $114.88
- Price / book
- 2.52
Encore Wire annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2023 | $2.57B | $372.4M | $21.43 |
| FY2022 | $3.02B | $717.8M | $36.92 |
| FY2021 | $2.59B | $541.4M | $26.23 |
| FY2020 | $1.28B | $76.1M | $3.68 |
| FY2019 | $1.27B | $58.1M | $2.77 |
Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About Encore Wire Corporation
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. It sells its products to wholesale electrical distributors 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. As of July 2, 2024, Encore Wire Corporation operates as a subsidiary of Prysmian S.p.A..
Encore Wire stock FAQ
What happened to Encore Wire stock?
Encore Wire was acquired by Prysmian on July 18, 2024. Shareholders received $290.00 in cash for each share. WIRE stock stopped trading on the Nasdaq, with a final close of $289.84 on July 1, 2024.
What did Encore Wire shareholders receive?
Each WIRE share was converted into $290.00 in cash. The deal was valued at about $4.2 billion.
Is WIRE stock still trading?
No. WIRE was delisted from the Nasdaq on July 18, 2024 and no longer trades on a U.S. exchange.
What was the last price of WIRE stock?
WIRE closed at $289.84 on its final trading day, July 1, 2024, for a market value of about $4.58B.
What were Encore Wire's revenue and earnings in its last full fiscal year?
Encore Wire reported revenue of $2.57B and net income of $372.4M in fiscal 2023, its last full year as a public company.
When did Encore Wire go public?
Encore Wire Corporation stock began trading on July 16, 1992.