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 - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:FRD
  • CUSIP: N/A
  • Web: www.friedmanindustries.com/
Capitalization:
  • Market Cap: $38.48 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: 3.12
  • P/E Growth:
Sales & Book Value:
  • Annual Revenue: $77.76 million
  • Price / Sales: 0.49
  • Book Value: $8.61 per share
  • Price / Book: 0.64
Dividend:
  • Dividend Yield: 0.7%
Profitability:
  • EBIDTA: ($2,620,000.00)
  • Net Margins: -1.79%
  • Return on Equity: -2.50%
  • Return on Assets: -2.38%
Misc:
  • Average Volume: 24,269 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 declared a quarterly dividend on Monday, June 5th. Shareholders of record on Friday, July 14th will be given a dividend of $0.01 per share on Friday, August 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date is Wednesday, July 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 negative return on equity of 2.50% and a negative net margin of 1.79%. View Friedman Industries' Earnings History.

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
  • Thomas Thompson, Senior Vice President - Sales and Marketing
  • 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

Who owns Friedman Industries stock?

Friedman Industries' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (8.20%), Vanguard Group Inc. (2.37%), Shufro Rose & Co. LLC (2.18%), Franklin Resources Inc. (1.85%), Brandywine Global Investment Management LLC (1.77%) and LSV Asset Management (1.10%). View Institutional Ownership Trends for Friedman Industries.

Who sold Friedman Industries stock? Who is selling Friedman Industries stock?

Friedman Industries' stock was sold by a variety of institutional investors in the last quarter, including Shufro Rose & Co. LLC and OxFORD Asset Management LLP. View Insider Buying and Selling for Friedman Industries.

Who bought Friedman Industries stock? Who is buying Friedman Industries stock?

Friedman Industries' stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Franklin Resources Inc., Leisure Capital Management and Dimensional Fund Advisors LP. View Insider Buying and Selling for Friedman Industries.

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 $5.49.


MarketBeat Community Rating for Friedman Industries (NYSE FRD)
Community Ranking:  1.4 out of 5 ()
Outperform Votes:  9 (Vote Outperform)
Underperform Votes:  24 (Vote Underperform)
Total Votes:  33
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

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
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: $1.52 EPS
Next Year EPS Consensus Estimate: $1.76 EPS

Dividends

Current Dividend Information for Friedman Industries (NYSE:FRD)
Most Recent Dividend:8/11/2017
Annual Dividend:$0.04
Dividend Yield:0.73%
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
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)
Latest Headlines for Friedman Industries (NYSE:FRD)
Source:
DateHeadline
americanbankingnews.com logoFriedman Industries (FRD) Issues Quarterly Earnings Results
www.americanbankingnews.com - August 15 at 11:36 AM
americanbankingnews.com logoFriedman Industries (NYSE:FRD) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - August 11 at 8:32 PM
americanbankingnews.com logoFriedman Industries (FRD) Plans $0.01 Quarterly Dividend
www.americanbankingnews.com - June 5 at 6:18 PM
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 Wednesday, August, 16, 2017

This page was last updated on 8/16/2017 by MarketBeat.com Staff