NYSEAMERICAN:FRD Friedman Industries (FRD) Stock Price, News & Analysis $17.28 -0.23 (-1.31%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$17.26▼$17.8050-Day Range N/A52-Week Range$9.50▼$19.52Volume10,329 shsAverage Volume21,284 shsMarket Capitalization$120.44 millionP/E Ratio7.23Dividend Yield0.93%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 Sentiment-0.10Based on 3 Articles This WeekInsider TradingAcquiring Shares$257,918 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.1.05 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 0.6, 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 29.27%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldFriedman Industries has a dividend yield of 0.91%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthFriedman Industries does not have a long track record of dividend growth.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 1.1 News and Social Media Coverage News SentimentFriedman Industries has a news sentiment score of -0.10. 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 0.49 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 3 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 $257,918.00 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 7.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Friedman Industries is 7.23, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.35.Price to Book Value per Share RatioFriedman Industries has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. 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 HeadlinesJuly 12, 2024 | insidertrades.comFriedman Industries, Incorporated (NYSEAMERICAN:FRD) Director Purchases $43,020.00 in StockJuly 6, 2024 | insidertrades.comInsider Buying: Friedman Industries, Incorporated (NYSEAMERICAN:FRD) CEO Buys 5,000 Shares of StockJuly 27, 2024 | MarketBeat (Ad)We just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.June 28, 2024 | insidertrades.comInsider Buying: Friedman Industries, Incorporated (NYSEAMERICAN:FRD) Director Buys 2,000 Shares of StockJuly 25 at 12:15 PM | nytimes.comCan Kamala Harris Finish Biden’s Climate Agenda?July 24 at 9:48 AM | americanbankingnews.comFriedman Industries, Incorporated (NYSEAMERICAN:FRD) Announces $0.04 Quarterly DividendJuly 19, 2024 | americanbankingnews.comFriedman Industries (NYSEAMERICAN:FRD) Stock Price Crosses Above 200 Day Moving Average of $0.00June 26, 2024 | globenewswire.comFriedman Industries, Incorporated Announces Cash DividendJuly 27, 2024 | MarketBeat (Ad)We just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.June 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.See 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 Ex-Dividend for 5/24 Dividend4/25/2024Dividend Payable5/24/2024Last Earnings6/11/2024Ex-Dividend for 8/16 Dividend7/26/2024Today7/27/2024Dividend Payable8/16/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN SectorIndustrial Products Industry Steel works, blast furnaces, & rolling & finishing mills Sub-IndustrySteel Works Current SymbolNYSEAMERICAN:FRD Previous SymbolNYSE:FRD CUSIPN/A CIK39092 Webwww.friedmanindustries.com Phone(903) 758-3431Fax903-758-2265Employees100Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$2.39 Trailing P/E Ratio7.23 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 / Sales0.23 Cash Flow$2.96 per share Price / Cash Flow5.84 Book Value$18.27 per share Price / Book0.95Miscellaneous Outstanding Shares6,970,000Free Float6,705,000Market Cap$120.44 million OptionableNot Optionable Beta1.37 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.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 CompetitorsWebco IndustriesOTCMKTS:WEBCBroadwindNASDAQ:BWENAqua MetalsNASDAQ:AQMSAsia Pacific Wire & CableNASDAQ:APWCOptical CableNASDAQ:OCCView All CompetitorsInsiders & InstitutionsJoe L WilliamsBought 3,000 shares on 7/10/2024Total: $43,020.00 ($14.34/share)Mike J TaylorBought 5,000 shares on 7/2/2024Total: $72,500.00 ($14.50/share)Joel SpiraBought 2,000 shares on 6/25/2024Total: $28,540.00 ($14.27/share)Mike 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)View All Insider TransactionsView All Institutional Transactions FRD Stock Analysis - Frequently Asked Questions How have FRD shares performed this year? Friedman Industries' stock was trading at $18.74 at the beginning of the year. Since then, FRD stock has decreased by 7.8% and is now trading at $17.28. View the best growth stocks for 2024 here. How were Friedman Industries' earnings last quarter? Friedman Industries, Incorporated (NYSEAMERICAN:FRD) released its quarterly earnings results on Tuesday, June, 11th. The company reported $0.71 earnings per share for the quarter. The firm had revenue of $132.23 million for the quarter. Friedman Industries had a net margin of 3.36% and a trailing twelve-month return on equity of 13.86%. 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. 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 Energy Transfer (ET), International Business Machines (IBM), Tapestry (TPR), Applied Optoelectronics (AAOI), AbbVie (ABBV), Abeona Therapeutics (ABEO) and Analog Devices (ADI). This page (NYSEAMERICAN:FRD) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredJ.P. 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