Friedman Industries Company Profile (NYSE:FRD)

About Friedman Industries (NYSE:FRD)

Friedman Industries logoFriedman Industries, Incorporated is engaged in steel processing, pipe manufacturing and processing and steel and pipe distribution. The Company has two product groups: coil and tubular products. It purchases prime hot-rolled steel coils, processes the coils into flat, finished sheet and plate, and sells these products on a wholesale, rapid-delivery basis in competition with steel mills, importers and steel service centers. It owns and operates approximately two coil processing facilities located in Hickman, Arkansas (Hickman) and Decatur, Alabama (Decatur). Through its Texas Tubular Products Division (TTP) in Lone Star, Texas, the Company manufactures, purchases, processes and markets tubular products (pipe). TTP operates over two pipe mills. It sells coil products and processing services to approximately 125 customers located primarily in the midwestern, southwestern and southeastern regions of the United States.

Industry, Sector and Symbol:
  • Sector: Industrials
  • Industry: Industrial Machinery & Equipment
  • Sub-Industry: N/A
  • Symbol: NYSE:FRD
  • CUSIP: N/A
  • Web: www.friedmanindustries.com/
Capitalization:
  • Market Cap: $41.22 million
  • Outstanding Shares: 7,009,000
Average Prices:
  • 52 Week Range: $5.00 - $7.29
P/E:
  • Trailing P/E Ratio:
  • Foreward P/E Ratio: 3.34
  • P/E Growth:
Sales & Book Value:
  • Annual Revenue: $78.45 million
  • Price / Sales: 0.53
  • Book Value: $8.90 per share
  • Price / Book: 0.66
Dividend:
  • Dividend Yield: 0.7%
Profitability:
  • EBITDA: ($164,582.00)
  • Net Margins: 0.74%
  • Return on Equity: 1.13%
  • Return on Assets: 1.03%
Misc:
  • Average Volume: 20,735 shs.
  • Short Ratio: 0.73
 

Frequently Asked Questions for Friedman Industries (NYSE:FRD)

What is Friedman Industries' stock symbol?

Friedman Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRD."

How often does Friedman Industries pay dividends? What is the dividend yield for Friedman Industries?

Friedman Industries announced a quarterly dividend on Wednesday, September 20th. Investors of record on Friday, October 13th will be given a dividend of $0.01 per share on Friday, November 17th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date is Thursday, October 12th. View Friedman Industries' Dividend History.

How were Friedman Industries' earnings last quarter?

Friedman Industries (NYSE:FRD) issued its quarterly earnings results on Monday, August, 14th. The company reported $0.02 earnings per share for the quarter. The firm earned $23.08 million during the quarter. Friedman Industries had a return on equity of 1.13% and a net margin of 0.74%. View Friedman Industries' Earnings History.

When will Friedman Industries make its next earnings announcement?

Friedman Industries is scheduled to release their next quarterly earnings announcement on Monday, November, 13th 2017. View Earnings Estimates for Friedman Industries.

Who are some of Friedman Industries' key competitors?

Who are Friedman Industries' key executives?

Friedman Industries' management team includes the folowing people:

  • Robert Sparkman, President, Chief Executive Officer
  • Alex LaRue, Assistant Vice President, Treasurer, Secretary
  • William E. Crow, Director
  • Max Alan Reichenthal, Director
  • Durga D. Agrawal Ph.D., Independent Director
  • Charles W. Hall, Independent Director
  • Joel Spira, Independent Director

How do I buy Friedman Industries stock?

Shares of Friedman Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Friedman Industries' stock price today?

One share of Friedman Industries stock can currently be purchased for approximately $5.88.


MarketBeat Community Rating for Friedman Industries (NYSE FRD)
Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  19 (Vote Outperform)
Underperform Votes:  36 (Vote Underperform)
Total Votes:  55
MarketBeat's community ratings are surveys of what our community members think about Friedman Industries and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Friedman Industries (NYSE:FRD) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A
Consensus Price Target History for Friedman Industries (NYSE:FRD)
Price Target History for Friedman Industries (NYSE:FRD)
Analysts' Ratings History for Friedman Industries (NYSE:FRD)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Friedman Industries (NYSE:FRD)
Earnings by Quarter for Friedman Industries (NYSE:FRD)
Earnings History by Quarter for Friedman Industries (NYSE FRD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/13/2017N/AView Earnings Details
8/14/2017Q1 2018$0.02$23.08 millionViewN/AView Earnings Details
6/29/2017Q4 2017($0.06)$21.06 millionViewN/AView Earnings Details
2/14/2017Q3 2017($0.03)$15.99 millionViewN/AView Earnings Details
11/14/2016Q2($0.09)$23.17 million$18.32 millionViewN/AView Earnings Details
8/15/2016Q1($0.21)$22.39 millionViewN/AView Earnings Details
6/29/2016Q416($0.08)$15.90 millionViewN/AView Earnings Details
2/16/2016Q3$0.07$23.60 million$18.50 millionViewN/AView Earnings Details
11/13/2015Q2($0.03)$23.17 millionViewN/AView Earnings Details
8/13/2015Q315$0.08$27.90 million$24.00 millionViewN/AView Earnings Details
11/12/2014Q215$0.11$26.30 million$31.50 millionViewN/AView Earnings Details
8/13/2014Q115($0.02)$29.58 million$27.90 millionViewN/AView Earnings Details
6/11/2014Q414$0.06$32.00 million$32.00 millionViewN/AView Earnings Details
2/13/2014Q314$0.07$31.72 million$28.27 millionViewN/AView Earnings Details
8/13/2013Q213$0.12$39.43 million$29.58 millionViewN/AView Earnings Details
2/12/2013Q3 2013$0.17$36.99 million$31.72 millionViewN/AView Earnings Details
11/14/2012Q312$0.24$42.04 million$33.33 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Friedman Industries (NYSE:FRD)
Current Year EPS Consensus Estimate: $1.520 EPS
Next Year EPS Consensus Estimate: $1.760 EPS

Dividends

Current Dividend Information for Friedman Industries (NYSE:FRD)
Next Dividend:11/17/2017
Annual Dividend:$0.04
Dividend Yield:0.68%
Dividend Growth:-56.70% (3 Year Average)
Payout Ratio:2.63% (Based on This Year's Estimates)
2.27% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Friedman Industries (NYSE:FRD)

Dividend History by Quarter for Friedman Industries (NYSE FRD)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/20/2017quarterly$0.010.68%10/12/201710/13/201711/17/2017
6/5/2017quarterly$0.010.73%7/12/20177/14/20178/11/2017
3/31/2017quarterly$0.010.62%4/26/20174/28/20175/26/2017
12/5/2016quarterly$0.010.72%1/11/20171/13/20172/10/2017
9/2/2016quarterly$0.010.71%10/12/201610/14/201611/18/2016
6/3/2016quarterly$0.010.69%7/13/20167/15/20168/12/2016
3/30/2016quarterly$0.010.72%4/27/20164/29/20165/27/2016
12/2/2015quarterly$0.010.68%1/13/20161/15/20162/12/2016
8/31/2015quarterly$0.010.66%10/14/201510/16/201511/13/2015
6/1/2015quarterly$0.010.59%7/15/20157/17/20158/14/2015
3/30/2015quarterly$0.010.63%4/29/20155/1/20155/29/2015
12/3/2014quarterly$0.021.01%1/14/20151/16/20152/13/2015
8/28/2014quarterly$0.020.96%10/15/201410/17/201411/14/2014
5/30/2014quarterly$0.020.97%7/16/20147/18/20148/15/2014
3/24/2014quarterly$0.020.95%4/23/20144/25/20145/23/2014
11/25/2013quarterly$0.020.93%1/15/20141/17/20142/14/2014
8/29/2013quarterly$0.083.24%10/16/201310/18/201311/15/2013
5/23/2013quarterly$0.083.29%7/17/20137/19/20138/16/2013
3/22/2013quarterly$0.083.23%4/17/20134/19/20135/17/2013
12/9/2012special$0.505.16%12/14/201212/18/201212/28/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Friedman Industries (NYSE:FRD)
Insider Trades by Quarter for Friedman Industries (NYSE:FRD)
Institutional Ownership by Quarter for Friedman Industries (NYSE:FRD)
Insider Trades by Quarter for Friedman Industries (NYSE:FRD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/19/2015Joe L WilliamsDirectorBuy10,000$6.39$63,900.00View SEC Filing  
9/6/2013Charles W HallDirectorBuy4,000$10.00$40,000.00View SEC Filing  
9/4/2013Joe L WilliamsDirectorBuy2,000$10.00$20,000.00View SEC Filing  
8/29/2012Max Alan ReichenthalDirectorBuy1,000$9.67$9,670.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Friedman Industries (NYSE:FRD)
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Chart

Friedman Industries (FRD) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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