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: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: NYSE:FRD
  • CUSIP: N/A
  • Web: N/A
Capitalization:
  • Market Cap: $38.06 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: 3.09
  • P/E Growth:
Sales & Book Value:
  • Annual Revenue: $72.65 million
  • Price / Sales: 0.52
  • Book Value: $8.93 per share
  • Price / Book: 0.61
Dividend:
  • Dividend Yield: 0.7%
Profitability:
  • EBIDTA: ($2,920,000.00)
Misc:
  • 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?

Friedman Industries is scheduled to release their next quarterly earnings announcement on Tuesday, June, 27th 2017. View Earnings Estimates for Friedman Industries.

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?

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.

Analyst Ratings

Consensus Ratings for Friedman Industries (NYSE:FRD) (?)
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)
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
6/27/2017        
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: $1.52 EPS
Next Year EPS Consensus Estimate: $1.76 EPS

Dividends

Current Dividend Information for Friedman Industries (NYSE:FRD)
Most Recent Dividend:5/26/2017
Annual Dividend:$0.04
Dividend Yield:0.74%
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
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)
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)
Latest Headlines for Friedman Industries (NYSE:FRD)
Source:
DateHeadline
americanbankingnews.com logoShort Interest in Friedman Industries (FRD) Decreases By 47.2%
www.americanbankingnews.com - May 25 at 7:02 AM
americanbankingnews.com logoFriedman Industries (FRD) Receiving Somewhat Favorable News Coverage, Study Finds
www.americanbankingnews.com - April 28 at 1:00 AM
americanbankingnews.com logoFriedman Industries (FRD) Receiving Somewhat Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 18 at 7:13 PM
americanbankingnews.com logoFriedman Industries (FRD) Plans Quarterly Dividend of $0.01
www.americanbankingnews.com - March 31 at 6:25 PM
finance.yahoo.com logoFriedman Industries, Incorporated Announces Third Quarter Results
finance.yahoo.com - February 16 at 4:45 PM
finance.yahoo.com logoFRIEDMAN INDUSTRIES INC Financials
finance.yahoo.com - December 8 at 1:18 PM
finance.yahoo.com logoFriedman Industries, Incorporated Announces Cash Dividend
finance.yahoo.com - December 1 at 3:42 PM
finance.yahoo.com logoFriedman Industries, Incorporated Announces Second Quarter Results
finance.yahoo.com - November 13 at 2:16 PM
biz.yahoo.com logoFRIEDMAN INDUSTRIES INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 13 at 1:50 PM
biz.yahoo.com logoFRIEDMAN 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
finance.yahoo.com logoFriedman Industries, Incorporated Announces First Quarter Results
finance.yahoo.com - August 13 at 4:50 PM
finance.yahoo.com logoFriedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2015 Results of Operations
finance.yahoo.com - June 11 at 5:17 PM
biz.yahoo.com logoFRIEDMAN INDUSTRIES INC Files SEC form 10-K, Annual Report
biz.yahoo.com - June 11 at 4:10 PM
biz.yahoo.com logoFRIEDMAN 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
finance.yahoo.com logoFriedman Industries, Inc. Promotes Robert Sparkman to Senior Vice President of Operations
finance.yahoo.com - April 8 at 2:20 PM

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Chart

Friedman Industries (FRD) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff