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NVDA   819.14 (+3.54%)
NIO   5.81 (+1.04%)
AMD   199.76 (+3.76%)
BABA   74.86 (+1.12%)
T   16.96 (+0.18%)
F   12.49 (+0.40%)
MU   95.47 (+5.36%)
CGC   3.28 (-0.30%)
GE   159.11 (+1.42%)
DIS   111.46 (-0.11%)
AMC   4.41 (+2.08%)
PFE   26.63 (+0.26%)
PYPL   60.45 (+0.18%)
XOM   106.31 (+1.71%)
NYSEAMERICAN:FRD

Friedman Industries (FRD) Stock Price, News & Analysis

$18.52
+0.17 (+0.93%)
(As of 10:36 AM ET)
Today's Range
$18.23
$18.52
50-Day Range
N/A
52-Week Range
$9.50
$19.33
Volume
747 shs
Average Volume
21,820 shs
Market Capitalization
$129.27 million
P/E Ratio
7.29
Dividend Yield
0.43%
Price Target
N/A

Friedman Industries MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.23% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.31mentions of Friedman Industries in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

0.63 out of 5 stars


FRD stock logo

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.

FRD Stock Price History

FRD Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Jim Simons Adjusts Position in Friedman Industries
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
The End of Milton Friedman’s Reign
When Milton Friedman Ran the Show
Milton Friedman Was No Conservative
Friedman Industries Inc FRD
Metro Detroit sees boom in industrial development
See More Headlines
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Company Calendar

Ex-Dividend for 2/16 Dividend
1/18/2024
Last Earnings
2/14/2024
Dividend Payable
2/16/2024
Today
3/01/2024
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Steel works, blast furnaces, & rolling & finishing mills
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:FRD
Employees
234
Year Founded
N/A

Profitability

Net Income
$21.34 million
Pretax Margin
4.86%

Debt

Sales & Book Value

Annual Sales
$547.54 million
Cash Flow
$3.21 per share
Book Value
$17.59 per share

Miscellaneous

Free Float
6,711,000
Market Cap
$129.41 million
Optionable
Not Optionable
Beta
1.34
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FRD Stock Analysis - Frequently Asked Questions

Are investors shorting Friedman Industries?

Friedman Industries saw a increase in short interest in February. As of February 15th, there was short interest totaling 15,100 shares, an increase of 28.0% from the January 31st total of 11,800 shares. Based on an average daily volume of 23,300 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the shares of the stock are sold short.
View Friedman Industries' Short Interest
.

How were Friedman Industries' earnings last quarter?

Friedman Industries, Incorporated (NYSEAMERICAN:FRD) announced its earnings results on Wednesday, February, 14th. The company reported $0.16 earnings per share (EPS) for the quarter. The company earned $115.97 million during the quarter. Friedman Industries had a net margin of 3.68% and a trailing twelve-month return on equity of 15.31%.

How often does Friedman Industries pay dividends? What is the dividend yield for Friedman Industries?

Friedman Industries announced a quarterly dividend on Wednesday, December 13th. Shareholders of record on Friday, January 19th will be paid a dividend of $0.02 per share on Friday, February 16th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date is Thursday, January 18th.
Read our dividend analysis for FRD
.

Is Friedman Industries a good dividend stock?

Friedman Industries (NYSEAMERICAN:FRD) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.44%. The dividend payout ratio is 3.15%. 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 a number of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (7.49%), Gendell Jeffrey L (5.07%), Vanguard Group Inc. (4.23%), Bridgeway Capital Management LLC (2.09%), Janney Montgomery Scott LLC (0.40%) and Northern Trust Corp (0.30%). 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 3/1/2024 by MarketBeat.com Staff