Friedman Industries Stock Price, News & Analysis (NYSEAMERICAN:FRD) $12.25 -0.35 (-2.78%) (As of 04:30 PM ET) Add Compare Share Share Today's Range$12.15▼$12.6950-Day Range$9.66▼$14.0052-Week Range$8.20▼$18.31Volume18,350 shsAverage Volume24,366 shsMarket Capitalization$90.41 millionP/E Ratio4.77Dividend Yield0.65%Price TargetN/A Stock AnalysisStock AnalysisChartDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestStock AnalysisChartDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort Interest Friedman Industries MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.24% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.22Based on 2 Articles This WeekInsider TradingAcquiring Shares$39,700 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.84 out of 5 stars N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Friedman Industries. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.24% 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 174.14%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldFriedman Industries has a dividend yield of 0.63%, 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 3.11%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FRD. Previous Next 1.8 News and Social Media Coverage News SentimentFriedman Industries has a news sentiment score of 0.22. 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 0.48 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Friedman Industries this week, compared to 0 articles 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 $39,700.00 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 30.57% of the stock of Friedman Industries is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Friedman Industries is 4.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Friedman Industries is 4.77, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.89.Price to Book Value per Share RatioFriedman Industries has a P/B Ratio of 0.78. 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 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 HeadlinesDecember 4, 2023 | seekingalpha.comFriedman Industries: <5X Growing Earnings, >50% Upside To Growing TBVNovember 15, 2023 | finanznachrichten.deFriedman Industries Inc.: Friedman Industries, Incorporated Announces Second Quarter Results and Provides Update on Strategic Growth InitiativesDecember 4, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 13, 2023 | news.yahoo.comThe End of Milton Friedman’s ReignNovember 13, 2023 | msn.comWhen Milton Friedman Ran the ShowNovember 12, 2023 | msn.comAndrew Friedman must stop troubling Dodgers trend this offseasonNovember 11, 2023 | news.yahoo.comMilton Friedman Was No ConservativeNovember 10, 2023 | morningstar.comFriedman Industries Inc FRDDecember 4, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.September 14, 2023 | finance.yahoo.comDirector Max Reichenthal Buys 2000 Shares of Friedman Industries Inc (FRD)August 18, 2023 | detroitnews.comMetro Detroit sees boom in industrial developmentAugust 15, 2023 | finanznachrichten.deFriedman Industries Inc.: Friedman Industries, Incorporated Announces First Quarter Results and Provides Near-Term OutlookAugust 14, 2023 | finance.yahoo.comFriedman Industries, Incorporated Announces First Quarter Results and Provides Near-Term OutlookAugust 7, 2023 | finance.yahoo.comFRIEDMAN INDUSTRIES, INCORPORATED LAUNCHES NEW COMPANY WEBSITEJune 30, 2023 | finanznachrichten.deFriedman Industries Inc.: Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2023 Results and Provides Near-Term OutlookJune 29, 2023 | finance.yahoo.comFriedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2023 Results and Provides Near-Term OutlookJune 16, 2023 | wsj.comNasdaq CEO Adena Friedman Pursues a Black Belt in Deal MakingJune 15, 2023 | finance.yahoo.comFRD - Friedman Industries, IncorporatedJune 9, 2023 | wsj.comWhat I Learned About ‘Woke’ Capital and Milton Friedman at the University of ChicagoMay 27, 2023 | yahoo.comWhat former executive Andrew Friedman thinks of Rays’ sustained successMay 3, 2023 | bizjournals.comWith retirement in sight, Glendale's economic development director reflects on city's growthMarch 24, 2023 | msn.comFriedman Industries (FRD) Declares $0.02 DividendMarch 9, 2023 | msn.comFriedman: Carolina checked in with the Flames on Elias Lindholm prior to the trade deadlineFebruary 10, 2023 | health.usnews.comDr. Fred FriedmanFebruary 10, 2023 | finanznachrichten.deFriedman Industries Inc.: Friedman Industries, Incorporated Announces Third Quarter Results and Provides Near-Term OutlookFebruary 9, 2023 | finance.yahoo.comFriedman Industries, Incorporated Announces Third Quarter Results and Provides Near-Term OutlookJanuary 22, 2023 | wsj.comMilton Friedman Never Dumped MonetarismSee 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 11/10 Dividend10/19/2023Dividend Payable11/10/2023Last Earnings11/14/2023Today12/04/2023Fiscal Year End3/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN Industry Steel works, blast furnaces, & rolling & finishing mills Sub-IndustryN/A SectorIndustrial Products 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)$2.57 Trailing P/E Ratio4.77 Forward P/E RatioN/A P/E GrowthN/ANet Income$21.34 million Net Margins3.75% Pretax Margin5.01% Return on Equity15.93% Return on Assets9.03% Debt Debt-to-Equity RatioN/A Current Ratio4.68 Quick Ratio1.72 Sales & Book Value Annual Sales$547.54 million Price / Sales0.17 Cash Flow$3.15 per share Price / Cash Flow3.89 Book Value$15.65 per share Price / Book0.78Miscellaneous Outstanding Shares7,380,000Free Float7,095,000Market Cap$90.55 million OptionableNot Optionable Beta1.30 The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Michael J. Taylor (Age 64)Chairman of the Board, President & CEO Comp: $1.09MMr. Alex LaRue (Age 37)CFO, Secretary & Treasurer Comp: $727.05kPaul RottmannVice President of OperationsKey CompetitorsAscent IndustriesNASDAQ:ACNTAdvanced Emissions SolutionsNASDAQ:ADESDanimer ScientificNYSE:DNMRPerma-Fix Environmental ServicesNASDAQ:PESITaylor DevicesNASDAQ:TAYDView All CompetitorsInsiders & InstitutionsGendell Jeffrey LBought 31,142 shares on 11/13/2023Ownership: 4.788%Acadian Asset Management LLCBought 23,250 shares on 11/13/2023Ownership: 1.857%EAM Investors LLCBought 86,911 shares on 11/13/2023Ownership: 1.178%Janney Montgomery Scott LLCBought 25,290 shares on 11/8/2023Ownership: 0.343%Callahan Advisors LLCSold 6,528 shares on 10/23/2023Ownership: 0.714%View All Insider TransactionsView All Institutional Transactions FRD Stock Analysis - Frequently Asked Questions How have FRD shares performed in 2023? Friedman Industries' stock was trading at $9.96 on January 1st, 2023. Since then, FRD shares have increased by 23.0% and is now trading at $12.25. View the best growth stocks for 2023 here. Are investors shorting Friedman Industries? Friedman Industries saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 15,900 shares, an increase of 174.1% from the October 31st total of 5,800 shares. Based on an average daily volume of 23,600 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the shares of the stock are short sold. View Friedman Industries' Short Interest. How were Friedman Industries' earnings last quarter? Friedman Industries, Incorporated (NYSEAMERICAN:FRD) posted its earnings results on Tuesday, November, 14th. The company reported $0.48 EPS for the quarter. The business had revenue of $130.75 million for the quarter. Friedman Industries had a trailing twelve-month return on equity of 15.93% and a net margin of 3.75%. How often does Friedman Industries pay dividends? What is the dividend yield for Friedman Industries? Friedman Industries announced a quarterly dividend on Thursday, September 14th. Investors of record on Friday, October 20th will be given a dividend of $0.02 per share on Friday, November 10th. This represents a $0.08 annualized dividend and a dividend yield of 0.65%. The ex-dividend date of this dividend is Thursday, October 19th. 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 0.63%. The dividend payout ratio is 3.11%. 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 variety of institutional and retail investors. Top institutional investors include Gendell Jeffrey L (4.79%), Acadian Asset Management LLC (1.86%), EAM Investors LLC (1.18%), Callahan Advisors LLC (0.71%), Janney Montgomery Scott LLC (0.34%) and Denali Advisors LLC (0.03%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSEAMERICAN:FRD) was last updated on 12/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Friedman Industries, Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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