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Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
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Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Biden, McCarthy to discuss debt limit in talks on Wednesday
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
TV anchors T.J. Holmes, Amy Robach leave ABC amid romance
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Biden, McCarthy to discuss debt limit in talks on Wednesday
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
TV anchors T.J. Holmes, Amy Robach leave ABC amid romance
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Biden, McCarthy to discuss debt limit in talks on Wednesday
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
TV anchors T.J. Holmes, Amy Robach leave ABC amid romance
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Biden, McCarthy to discuss debt limit in talks on Wednesday
NYSEAMERICAN:FRD

Friedman Industries - FRD Stock Forecast, Price & News

$11.10
+0.10 (+0.91%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$10.96
$11.20
50-Day Range
N/A
52-Week Range
$6.74
$11.36
Volume
28,570 shs
Average Volume
25,937 shs
Market Capitalization
$81.80 million
P/E Ratio
31.72
Dividend Yield
0.73%
Price Target
N/A

Friedman Industries MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.13% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.19mentions of Friedman Industries in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$43,844 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.67 out of 5 stars


FRD stock logo

About Friedman Industries (NYSEAMERICAN:FRD) Stock

Friedman Industries, Inc. engages in the provision of manufacture and trade of steel products. It operates through the Coil and Tubular segments. The Coil segment produces and markets hot-rolled steel and coils. The Tubular segment focuses on the operation of two electric resistance welded pipe mills with a combined outside diameter. The company was founded by Mendel Friedman in 1965 and is headquartered in Longview, TX.

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FRD Stock News Headlines

Milton Friedman Never Dumped Monetarism
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Veterans in Business: Michelle Friedman, DeWitt LLP
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Friedman Is Difficult To Value With So Much Change
Friedman declares $0.02 dividend
Are You 'Leading The Life You Want'?
Friedman Industries, Inc.
Friedman Industries Looks Cheap Based On Fundamentals
See More Headlines
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FRD Company Calendar

Ex-Dividend for 11/18 Dividend
10/13/2022
Dividend Payable
11/18/2022
Last Earnings
12/02/2022
Ex-Dividend for 2/10 Dividend
1/12/2023
Today
1/29/2023
Dividend Payable
2/10/2023
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

Industry
Steel works, blast furnaces, & rolling & finishing mills
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:FRD
Employees
101
Year Founded
N/A

Profitability

Net Income
$14.07 million
Pretax Margin
1.01%

Debt

Sales & Book Value

Annual Sales
$285.23 million
Cash Flow
$4.32 per share
Book Value
$11.62 per share

Miscellaneous

Free Float
7,126,000
Market Cap
$81.80 million
Optionable
Not Optionable
Beta
1.00

Key Executives

  • Michael J. Taylor
    Chairman, President & Chief Executive Officer
  • Alex LaRue
    Chief Financial Officer, Secretary & Treasurer
  • Jonathan Holcomb
    Vice President-Purchasing & Coil Sales
  • Thompson Michael
    Vice President-Tubular Sales
  • Howard Henderson
    Vice President-Texas Tubular Operations













FRD Stock - Frequently Asked Questions

Are investors shorting Friedman Industries?

Friedman Industries saw a increase in short interest in December. As of December 30th, there was short interest totaling 7,900 shares, an increase of 6.8% from the December 15th total of 7,400 shares. Based on an average daily trading volume, of 20,600 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company's shares are sold short.
View Friedman Industries' Short Interest
.

How were Friedman Industries' earnings last quarter?

Friedman Industries, Incorporated (NYSEAMERICAN:FRD) released its earnings results on Friday, December, 2nd. The company reported $0.34 earnings per share (EPS) for the quarter. The company earned $149.69 million during the quarter. Friedman Industries had a trailing twelve-month return on equity of 14.95% and a net margin of 0.74%.

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

Friedman Industries declared a quarterly dividend on Wednesday, December 7th. Stockholders of record on Friday, January 13th will be paid a dividend of $0.02 per share on Friday, February 10th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date is Thursday, January 12th.
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 0.73%. The dividend payout ratio is 22.86%. 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).

What is Friedman Industries' stock symbol?

Friedman Industries trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "FRD."

Who are Friedman Industries' major shareholders?

Friedman Industries' stock is owned by many different retail and institutional investors. Top institutional shareholders include Shufro Rose & Co. LLC (0.56%). Insiders that own company stock include Joe L Williams, 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.

What is Friedman Industries' stock price today?

One share of FRD stock can currently be purchased for approximately $11.10.

How much money does Friedman Industries make?

Friedman Industries (NYSEAMERICAN:FRD) has a market capitalization of $81.80 million and generates $285.23 million in revenue each year. The company earns $14.07 million in net income (profit) each year or $0.35 on an earnings per share basis.

How many employees does Friedman Industries have?

The company employs 101 workers across the globe.

How can I contact Friedman Industries?

Friedman Industries' mailing address is 1121 Judson Rd Ste 124, LONGVIEW, TX 75601-5119, United States. The official website for the company is www.friedmanindustries.com. The company can be reached via phone at (903) 758-3431 or via fax at 903-758-2265.

This page (NYSEAMERICAN:FRD) was last updated on 1/29/2023 by MarketBeat.com Staff