NYSEAMERICAN:FRD Friedman Industries (FRD) Stock Price, News & Analysis → The Military's $700M 'AI Software Bullet' (From Behind the Markets) (Ad) Free FRD Stock Alerts $16.21 -0.65 (-3.86%) (As of 06/17/2024 ET) Add Compare Share Share Today's Range$16.16▼$16.8750-Day Range N/A52-Week Range$9.50▼$19.52Volume27,782 shsAverage Volume18,204 shsMarket Capitalization$112.98 millionP/E Ratio6.78Dividend Yield0.99%Price TargetN/A Stock AnalysisStock AnalysisChartDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestStock AnalysisChartDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort Interest Get Friedman Industries alerts: Email Address Friedman Industries MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.16% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.53Based on 9 Articles This WeekInsider TradingAcquiring Shares$113,858 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.22 out of 5 stars N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Friedman Industries.Read more about Friedman Industries' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.16% of the float of Friedman Industries has been sold short.Short Interest Ratio / Days to CoverFriedman Industries has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Friedman Industries has recently increased by 5.94%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldFriedman Industries has a dividend yield of 0.95%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthFriedman Industries has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Friedman Industries is 6.69%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Friedman Industries' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FRD. Previous Next 2.0 News and Social Media Coverage News SentimentFriedman Industries has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.87 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Friedman Industries this week, compared to 1 article on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Friedman Industries insiders have bought more of their company's stock than they have sold. Specifically, they have bought $113,858.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.80% of the stock of Friedman Industries is held by insiders.Percentage Held by InstitutionsOnly 33.26% of the stock of Friedman Industries is held by institutions.Read more about Friedman Industries' insider trading history. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Friedman Industries is 6.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.96.Price to Earnings Ratio vs. SectorThe P/E ratio of Friedman Industries is 6.78, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.19.Price to Book Value per Share RatioFriedman Industries has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Friedman Industries' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsProtect Your Bank Account from ChinaChina is set to launch a gold-backed currency that could shake the financial world. This move will give them unprecedented power over global finance. And could divert trillions from U.S. Treasury bonds.Discover these 4 simple steps here >>> About Friedman Industries Stock (NYSEAMERICAN:FRD)Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. It operates in two segments, Coil and Tubular. The Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils. This segment also processes customer-owned coils on a fee basis. The company sells coil products and processing services to approximately 230 customers located primarily in the midwestern, southwestern and southeastern regions of the United States. Its principal customers for these products and services are steel distributors and customers manufacturing steel products, such as steel buildings, railroad cars, barges, tanks and containers, trailers, component parts and other fabricated steel products. The Tubular segment manufactures line and oil country pipes, as well as pipes for structural applications. This segment sells its tubular products principally to steel and pipe distributors through its own sales force. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas.Read More FRD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FRD Stock News HeadlinesJune 14 at 4:44 AM | americanbankingnews.comFriedman Industries (NYSEAMERICAN:FRD) Upgraded to Strong-Buy by StockNews.comJune 11, 2024 | investorplace.comFRD Stock Earnings: Friedman Industries Reported Results for Q4 2024June 11, 2024 | globenewswire.comFriedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2024 ResultsMay 26, 2024 | msn.comMarty Friedman wants you to stop calling him an ‘ex-Megadeth guitarist’May 14, 2024 | finance.yahoo.comFriedman Industries, Incorporated (FRD)May 1, 2024 | businessinsider.comJoseph Stiglitz on why America's appetite for Trump enduresApril 26, 2024 | msn.comFriedman unleashes the IR-D preamp pedal, a boutique fire-breather inspired by a modded JTM45April 18, 2024 | msn.comThis app can give you information on the allergens that are out thereApril 18, 2024 | msn.comMicrosoft’s AI Copilot Is Starting to Automate the Coding IndustryApril 13, 2024 | wsj.comFriedman Industries Inc.April 11, 2024 | finance.yahoo.comJustin Rose Joins Mustard Golf as Brand AmbassadorApril 11, 2024 | nytimes.comFixing the Quality Problems at BoeingMarch 21, 2024 | globenewswire.comFRIEDMAN INDUSTRIES, INCORPORATED INCREASES CASH DIVIDENDFebruary 15, 2024 | finanznachrichten.deFriedman Industries Inc.: Friedman Industries, Incorporated Announces Third Quarter ResultsFebruary 14, 2024 | finance.yahoo.comFriedman Industries, Incorporated Announces Third Quarter ResultsFebruary 14, 2024 | finance.yahoo.comFriedman Industries Inc (FRD) Reports Mixed Q3 Results Amid Market VolatilityFebruary 14, 2024 | globenewswire.comFriedman Industries, Incorporated Announces Third Quarter ResultsFebruary 14, 2024 | finance.yahoo.comJim Simons Adjusts Position in Friedman IndustriesFebruary 9, 2024 | sports.yahoo.comAs spring training opens, Andrew Friedman hopes Dodgers do more than 'win the offseason'February 6, 2024 | ft.comLive news: Dollar hits 3-month high as Powell seeks to tame rate cut expectationsFebruary 6, 2024 | ft.comLive news: King Charles diagnosed with cancerJanuary 30, 2024 | uk.movies.yahoo.comSeverance Season 2 (Finally!) Resumes Production — Get Latest UpdateDecember 20, 2023 | msn.comAndrew Friedman Reveals His Pitch to Shohei Ohtani That Led to Him Joining DodgersDecember 20, 2023 | seekingalpha.comFriedman Industries: Time To Take Profits (Rating Downgrade)December 19, 2023 | finance.yahoo.comSizing Up Prospects for 3 Steel Stocks in the Wake of the Deal for U.S. SteelSee More Headlines Receive FRD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Friedman Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/14/2018Ex-Dividend for 5/24 Dividend4/25/2024Dividend Payable5/24/2024Today6/17/2024Next Earnings (Estimated)6/27/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN SectorIndustrial Products Industry Steel works, blast furnaces, & rolling & finishing mills Sub-IndustryN/A Current SymbolNYSEAMERICAN:FRD Previous SymbolNYSE:FRD CUSIPN/A CIK39092 Webwww.friedmanindustries.com Phone(903) 758-3431Fax903-758-2265Employees234Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$2.39 Trailing P/E Ratio6.80 Forward P/E RatioN/A P/E GrowthN/ANet Income$17.34 million Net Margins3.36% Pretax Margin4.52% Return on Equity13.86% Return on Assets7.77% Debt Debt-to-Equity RatioN/A Current Ratio3.14 Quick Ratio1.00 Sales & Book Value Annual Sales$516.25 million Price / Sales0.22 Cash Flow$2.82 per share Price / Cash Flow5.76 Book Value$18.27 per share Price / Book0.89Miscellaneous Outstanding Shares6,970,000Free Float6,705,000Market Cap$113.33 million OptionableNot Optionable Beta1.35 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Michael J. Taylor (Age 65)Chairman of the Board, President & CEO Comp: $1.09MMr. Alex LaRue (Age 38)CFO, Secretary & Treasurer Comp: $727.05kKey CompetitorsChina Gerui Advanced Materials GroupOTCMKTS:CHOPFCompanhia Siderúrgica NacionalNYSE:SIDGeneral SteelOTCMKTS:GSIHNippon SteelOTCMKTS:NPSCYNIPPON STL & SU/SOTCMKTS:NSSMYView All CompetitorsInsiders & InstitutionsMike J TaylorBought 1,908 shares on 6/17/2024Total: $31,157.64 ($16.33/share)Mike J TaylorBought 5,000 shares on 6/13/2024Total: $82,700.00 ($16.54/share)Gendell Jeffrey LBought 61,339 shares on 5/15/2024Ownership: 6.242%O Shaughnessy Asset Management LLCBought 22,699 shares on 5/13/2024Ownership: 0.325%Hillsdale Investment Management Inc.Bought 7,012 shares on 5/11/2024Ownership: 0.100%View All Insider TransactionsView All Institutional Transactions FRD Stock Analysis - Frequently Asked Questions How have FRD shares performed in 2024? Friedman Industries' stock was trading at $18.74 on January 1st, 2024. Since then, FRD stock has decreased by 13.5% and is now trading at $16.21. View the best growth stocks for 2024 here. Are investors shorting Friedman Industries? Friedman Industries saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 10,700 shares, an increase of 5.9% from the May 15th total of 10,100 shares. Based on an average daily volume of 15,700 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.2% of the company's stock are sold short. View Friedman Industries' Short Interest. When is Friedman Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, June 27th 2024. View our FRD earnings forecast. How were Friedman Industries' earnings last quarter? Friedman Industries, Incorporated (NYSEAMERICAN:FRD) released its quarterly earnings data on Tuesday, August, 14th. The company reported $0.51 earnings per share (EPS) for the quarter. The firm earned $48.19 million during the quarter. Friedman Industries had a trailing twelve-month return on equity of 13.86% and a net margin of 3.36%. How often does Friedman Industries pay dividends? What is the dividend yield for Friedman Industries? Friedman Industries declared a quarterly dividend on Wednesday, March 20th. Investors of record on Friday, April 26th will be given a dividend of $0.04 per share on Friday, May 24th. This represents a $0.16 annualized dividend and a yield of 0.99%. The ex-dividend date is Thursday, April 25th. This is a boost from the stock's previous quarterly dividend of $0.02. Read our dividend analysis for FRD. Is Friedman Industries a good dividend stock? Friedman Industries (NYSEAMERICAN:FRD) pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.95%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.69%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for FRD. What other stocks do shareholders of Friedman Industries own? Based on aggregate information from My MarketBeat watchlists, some companies that other Friedman Industries investors own include Energy Transfer (ET), International Business Machines (IBM), Tapestry (TPR), Applied Optoelectronics (AAOI), AbbVie (ABBV), Abeona Therapeutics (ABEO), Analog Devices (ADI), Aehr Test Systems (AEHR), Algonquin Power & Utilities (AQN) and BCE (BCE). Who are Friedman Industries' major shareholders? Friedman Industries' stock is owned by many different institutional and retail investors. Top institutional investors include Gendell Jeffrey L (6.24%), Vanguard Group Inc. (4.40%), Acadian Asset Management LLC (1.93%), Janney Montgomery Scott LLC (0.47%), Empowered Funds LLC (0.44%) and O Shaughnessy Asset Management LLC (0.33%). Insiders that own company stock include Alex Larue, Durga D Agrawal, Joe L Williams, Joel Spira, Max Alan Reichenthal, Mike J Taylor and Sandra Kay Scott. View institutional ownership trends. How do I buy shares of Friedman Industries? Shares of FRD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSEAMERICAN:FRD) was last updated on 6/17/2024 by MarketBeat.com Staff From Our PartnersAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredBigger Than NVIDIA?With NVIDIA flying high, everyone is looking for the next breakout stock. But right now... There's only ...Behind the Markets | SponsoredThe #1 Crypto That You Don’t Own… YetThere’s all kinds of “signals” to follow when investing in cryptos. 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