Friedman Industries (FRD) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $17.38 to $17.73
• 50-Day Range: $13.71 to $17.55
• 52-Week Range: $12.24 to $19.38
• Volume: 29,622 shs
• Average Volume: 16,120 shs
• Market Capitalization: $122.32 million
• P/E Ratio: 21.67
• Dividend Yield: 0.91%
• Price Target: N/A
• Consensus Rating: N/A

FRD Stock Analysis - Frequently Asked Questions

How have FRD shares performed this year?

Friedman Industries' stock was trading at $15.30 on January 1st, 2025. Since then, FRD stock has increased by 14.7% and is now trading at $17.55.
View the best growth stocks for 2025 here.

How were Friedman Industries' earnings last quarter?

Friedman Industries, Incorporated (NYSEAMERICAN:FRD) posted its quarterly earnings data on Tuesday, November, 12th. The company reported ($0.10) earnings per share (EPS) for the quarter. The business earned $106.76 million during the quarter. Friedman Industries had a net margin of 1.27% and a trailing twelve-month return on equity of 4.44%.

Who are Friedman Industries' major shareholders?

Friedman Industries' top institutional shareholders include Bank of New York Mellon Corp (0.45%). Insiders that own company stock include Mike J Taylor, Joe L Williams, Max Alan Reichenthal, Tim Scott Stevenson, Durga D Agrawal, Alex Larue, Joel Spira and Sandra Kay Scott.
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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.

What other stocks do shareholders of Friedman Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Friedman Industries investors own include Main Street Capital (MAIN), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), British American Tobacco (BTI), Hercules Capital (HTGC), ONEOK (OKE) and AGNC Investment (AGNC).

Company Calendar

• Last Earnings: 11/12/2024
• Record date for 2/14 Dividend: 1/17/2025
• Ex-Dividend for 2/14 Dividend: 1/17/2025
• Dividend Payable: 2/14/2025
• Record date for 5/23 Dividend: 4/25/2025
• Ex-Dividend for 5/23 Dividend: 4/25/2025
• Today: 5/05/2025
• Dividend Payable: 5/23/2025
• Next Earnings (Estimated): 6/10/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Industrials
• Industry: Steel works, blast furnaces, & rolling & finishing mills
• Sub-Industry: Steel Works
• Current Symbol: NYSEAMERICAN:FRD
• Previous Symbol: NYSE:FRD
• CIK: 39092
• Web: www.friedmanindustries.com
• Phone: (903) 758-3431
• Fax: 903-758-2265
• Employees: 100
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.81
• Trailing P/E Ratio: 21.67
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $17.34 million
• Net Margins: 1.27%
• Pretax Margin: 1.78%
• Return on Equity: 4.44%
• Return on Assets: 2.61%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.53
• Quick Ratio: 0.80

Sales & Book Value

• Annual Sales: $516.25 million
• Price / Sales: 0.24
• Cash Flow: $3.04 per share
• Price / Cash Flow: 5.77
• Book Value: $18.27 per share
• Price / Book: 0.96

Miscellaneous

• Outstanding Shares: 6,970,000
• Free Float: 6,649,000
• Market Cap: $122.32 million
• Optionable: Not Optionable
• Beta: 1.40