About Friedman Industries (NYSE:FRD)
Friedman 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/
- Market Cap: $41.22 million
- Outstanding Shares: 7,009,000
- 52 Week Range: $5.00 - $7.29
Sales & Book Value:
- Trailing P/E Ratio:
- Foreward P/E Ratio: 3.34
- P/E Growth:
- Annual Revenue: $78.45 million
- Price / Sales: 0.53
- Book Value: $8.90 per share
- Price / Book: 0.66
- EBITDA: ($164,582.00)
- Net Margins: 0.74%
- Return on Equity: 1.13%
- Return on Assets: 1.03%
- 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?
Who are some of Friedman Industries' key competitors?
Some companies that are related to Friedman Industries include CPI Aerostructures (CVU), Van Elle Holdings PLC (VANL), ASV Holdings (ASV), Flowtech Fluidpower PLC (FLO), Flybe Group PLC (FLYB), Harvey Nash Group plc (HVN), Begbies Traynor Group plc (BEG), Lakehouse PLC (LAKE), Kromek Group PLC (KMK), Alumasc Group plc (ALU), Volex PLC (VLX), HSS Hire Group PLC (HSS), Fastjet PLC (FJET), UQM Technologies (UQM), Dewhurst plc (DWHT), Wyg Plc (WYG), Avingtrans plc (AVG) and Lombard Risk Management plc (LRM).
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?
MarketBeat Community Rating for Friedman Industries (NYSE FRD)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.
One share of Friedman Industries stock can currently be purchased for approximately $5.88.
Consensus Ratings for Friedman Industries (NYSE:FRD) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for Friedman Industries (NYSE:FRD)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Friedman Industries (NYSE:FRD)Earnings History by Quarter for Friedman Industries (NYSE FRD)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/14/2017||Q1 2018||$0.02||$23.08 million||View||N/A|
|6/29/2017||Q4 2017||($0.06)||$21.06 million||View||N/A|
|2/14/2017||Q3 2017||($0.03)||$15.99 million||View||N/A|
|11/14/2016||Q2||($0.09)||$23.17 million||$18.32 million||View||N/A|
|2/16/2016||Q3||$0.07||$23.60 million||$18.50 million||View||N/A|
|8/13/2015||Q315||$0.08||$27.90 million||$24.00 million||View||N/A|
|11/12/2014||Q215||$0.11||$26.30 million||$31.50 million||View||N/A|
|8/13/2014||Q115||($0.02)||$29.58 million||$27.90 million||View||N/A|
|6/11/2014||Q414||$0.06||$32.00 million||$32.00 million||View||N/A|
|2/13/2014||Q314||$0.07||$31.72 million||$28.27 million||View||N/A|
|8/13/2013||Q213||$0.12||$39.43 million||$29.58 million||View||N/A|
|2/12/2013||Q3 2013||$0.17||$36.99 million||$31.72 million||View||N/A|
|11/14/2012||Q312||$0.24||$42.04 million||$33.33 million||View||N/A|
Earnings Estimates for Friedman Industries (NYSE:FRD)
Current Year EPS Consensus Estimate: $1.520 EPS
Next Year EPS Consensus Estimate: $1.760 EPS
Current Dividend Information for Friedman Industries (NYSE:FRD)
|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 History by Quarter for Friedman Industries (NYSE FRD)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Headline Trends for Friedman Industries (NYSE:FRD)
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Friedman Industries (FRD) Chart for Saturday, October, 21, 2017