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: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: NYSE:FRD
- CUSIP: N/A
- Web: N/A
- Market Cap: $38.06 million
- Outstanding Shares: 7,009,000
- 52 Week Range: $5.00 - $7.29
Sales & Book Value:
- Trailing P/E Ratio:
- Foreward P/E Ratio: 3.09
- P/E Growth:
- Annual Revenue: $72.65 million
- Price / Sales: 0.52
- Book Value: $8.93 per share
- Price / Book: 0.61
- Average Volume: 64,639 shs.
- Short Ratio: 0.39
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 declared a quarterly dividend on Friday, March 31st. Shareholders of record on Friday, April 28th will be given a dividend of $0.01 per share on Friday, May 26th. This represents a $0.04 annualized dividend and a yield of 0.74%. The ex-dividend date of this dividend is Wednesday, April 26th. View Friedman Industries' Dividend History.
How were Friedman Industries' earnings last quarter?
Friedman Industries (NYSE:FRD) posted its quarterly earnings data on Tuesday, February, 14th. The company reported ($0.03) EPS for the quarter. The firm earned $15.99 million during the quarter. View Friedman Industries' Earnings History.
When will Friedman Industries make its next earnings announcement?
Are investors shorting Friedman Industries?
Friedman Industries saw a decrease in short interest in the month of May. As of May 15th, there was short interest totalling 20,382 shares, a decrease of 47.2% from the April 28th total of 38,588 shares. Based on an average daily volume of 43,295 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are sold short.
Who are some of Friedman Industries' key competitors?
Some companies that are related to Friedman Industries include Pacific Coast Oil Trust (ROYT), Dover Motorsports (DVD), VOC Energy Trust (VOC), Luby's (LUB), Manning and Napier (MN), SandRidge Mississippian Trust II (SDR), MV Oil Trust (MVO), McClatchy Co (MNI), Transenterix (TRXC), Hornbeck Offshore Services (HOS), Global Ship Lease (GSL), Norsat International (NSAT), Warrior Met Coal LLC (HCC), TransAtlantic Petroleum Ltd (TAT), Stage Stores (SSI), VAALCO Energy (EGY), North Atlantic Drilling (NADL) and Celadon Group (CGI).
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.
How much does a share of Friedman Industries stock cost?
One share of Friedman Industries stock can currently be purchased for approximately $5.43.
Consensus Ratings for Friedman Industries (NYSE:FRD) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
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|
|6/27/2017|| || || || || || || || |
|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: $1.52 EPS
Next Year EPS Consensus Estimate: $1.76 EPS
Current Dividend Information for Friedman Industries (NYSE:FRD)
|Most Recent Dividend:||5/26/2017|
|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)
Latest Headlines for Friedman Industries (NYSE:FRD)
|Short Interest in Friedman Industries (FRD) Decreases By 47.2%|
www.americanbankingnews.com - May 25 at 7:02 AM
|Friedman Industries (FRD) Receiving Somewhat Favorable News Coverage, Study Finds|
www.americanbankingnews.com - April 28 at 1:00 AM
|Friedman Industries (FRD) Receiving Somewhat Positive News Coverage, Analysis Shows|
www.americanbankingnews.com - April 18 at 7:13 PM
|Friedman Industries (FRD) Plans Quarterly Dividend of $0.01|
www.americanbankingnews.com - March 31 at 6:25 PM
|Friedman Industries, Incorporated Announces Third Quarter Results|
finance.yahoo.com - February 16 at 4:45 PM
|FRIEDMAN INDUSTRIES INC Financials|
finance.yahoo.com - December 8 at 1:18 PM
|Friedman Industries, Incorporated Announces Cash Dividend|
finance.yahoo.com - December 1 at 3:42 PM
|Friedman Industries, Incorporated Announces Second Quarter Results|
finance.yahoo.com - November 13 at 2:16 PM
|FRIEDMAN INDUSTRIES INC Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - November 13 at 1:50 PM
|FRIEDMAN INDUSTRIES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders|
biz.yahoo.com - September 2 at 10:36 AM
|Friedman Industries, Incorporated Announces First Quarter Results|
finance.yahoo.com - August 13 at 4:50 PM
|Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2015 Results of Operations|
finance.yahoo.com - June 11 at 5:17 PM
|FRIEDMAN INDUSTRIES INC Files SEC form 10-K, Annual Report|
biz.yahoo.com - June 11 at 4:10 PM
|FRIEDMAN INDUSTRIES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financia|
biz.yahoo.com - May 14 at 3:50 PM
|Friedman Industries, Inc. Promotes Robert Sparkman to Senior Vice President of Operations|
finance.yahoo.com - April 8 at 2:20 PM
Friedman Industries (FRD) Chart for Saturday, May, 27, 2017