NYSEAMERICAN:FRD Friedman Industries - FRD Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $11.10 +0.10 (+0.91%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$10.96▼$11.2050-Day Range N/A52-Week Range$6.74▼$11.36Volume28,570 shsAverage Volume25,937 shsMarket Capitalization$81.80 millionP/E Ratio31.72Dividend Yield0.73%Price TargetN/A ProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Friedman Industries MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.13% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.19Based on 2 Articles This WeekInsider TradingAcquiring Shares$43,844 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.1.67 out of 5 stars N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Friedman Industries. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.13% 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 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Friedman Industries has recently decreased by 1.27%, indicating that investor sentiment is improving. Previous Next 0.8 Dividend Strength Dividend YieldFriedman Industries has a dividend yield of 0.73%, 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 22.86%. 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 1.0 News and Social Media Coverage News SentimentFriedman Industries has a news sentiment score of -0.19. 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 0.60 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 $43,844.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.30% of the stock of Friedman Industries is held by insiders.Percentage Held by InstitutionsOnly 26.26% of the stock of Friedman Industries is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Friedman Industries is 31.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Friedman Industries is 31.72, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.06.Price to Book Value per Share RatioFriedman Industries has a P/B Ratio of 0.96. 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 (NYSEAMERICAN:FRD) StockFriedman 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.Read More 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 FRD Stock News HeadlinesJanuary 22, 2023 | wsj.comMilton Friedman Never Dumped MonetarismJanuary 22, 2023 | americanbankingnews.comFriedman Industries (NYSEAMERICAN:FRD) Share Price Passes Above 200 Day Moving Average of $0.00January 29, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 20, 2023 | nasdaq.comNasdaq CEO Adena Friedman Says 2023 is an Opportunity for a ResetJanuary 13, 2023 | bizjournals.comCollege Hunks co-founder's role in the new 'Bezos' biopic fits his business goalsNovember 10, 2022 | bizjournals.comVeterans in Business: Michelle Friedman, DeWitt LLPNovember 9, 2022 | ft.comIt’s still Ben Bernanke and Milton Friedman’s FedOctober 12, 2022 | finance.yahoo.comFriedman Industries, Incorporated Announces First Quarter Results, Provides Sinton Update and Near-term OutlookJanuary 29, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou 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.August 24, 2022 | bizjournals.comKaren Friedman: How to lose customers and sabotage relationships in 5 easy stepsAugust 23, 2022 | finance.yahoo.comFRIEDMAN INDUSTRIES, INCORPORATED PROVIDES UPDATE ON FORM 10-Q FILINGAugust 9, 2022 | seekingalpha.comFriedman Is Difficult To Value With So Much ChangeJuly 29, 2022 | bizjournals.comKaren Friedman: What I learned from a recent 6ABC Action News reunionJuly 5, 2022 | seekingalpha.comFriedman Industries: Plateplus Deal Is Transformational And I'm Going LongJune 29, 2022 | finance.yahoo.comFRIEDMAN INDUSTRIES, INCORPORATED PROVIDES UPDATE ON FORM 10-K FILINGJune 28, 2022 | seekingalpha.comFriedman declares $0.02 dividendJune 4, 2022 | forbes.comAre You 'Leading The Life You Want'?May 2, 2022 | seekingalpha.comFriedman Industries expands With major acquisition of Plateplus operationsMay 2, 2022 | finance.yahoo.comFriedman Industries, Incorporated Expands With Major Acquisition of Plateplus, Inc. OperationsMarch 24, 2022 | nytimes.comThe Pandemic Wrecked Millions of Careers. These 6 People Built New Ones.February 22, 2022 | money.usnews.comFriedman Industries, Inc.January 20, 2022 | msn.comInflation may be a problem. But it’s also a political opportunity.January 5, 2022 | msn.comTesla's Direct Sales Model Is The Way Of The Future: Here's WhyJanuary 4, 2022 | seekingalpha.comFriedman Industries Looks Cheap Based On FundamentalsDecember 8, 2021 | finance.yahoo.comBertolet Capital Trust Buys Gulf Island Fabrication Inc, Seacor Marine Holdings Inc, Sells ...November 19, 2021 | finance.yahoo.comFriedman Industries, Incorporated Announces Second Quarter Results and Sinton, Texas Facility UpdateAugust 23, 2021 | marketwatch.comFriedman Industries 1Q Results Lifted by Rise in Steel Prices -- Commodity CommentSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 FRD Company Calendar Ex-Dividend for 11/18 Dividend10/13/2022Dividend Payable11/18/2022Last Earnings12/02/2022Ex-Dividend for 2/10 Dividend1/12/2023Today1/29/2023Dividend Payable2/10/2023Fiscal Year End3/31/2023Get 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) 758-3431Fax903-758-2265Employees101Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.35 Trailing P/E Ratio31.72 Forward P/E RatioN/A P/E GrowthN/ANet Income$14.07 million Net Margins0.74% Pretax Margin1.01% Return on Equity14.95% Return on Assets7.26% Debt Debt-to-Equity RatioN/A Current Ratio2.34 Quick Ratio1.02 Sales & Book Value Annual Sales$285.23 million Price / Sales0.29 Cash Flow$4.32 per share Price / Cash Flow2.57 Book Value$11.62 per share Price / Book0.96Miscellaneous Outstanding Shares7,369,000Free Float7,126,000Market Cap$81.80 million OptionableNot Optionable Beta1.00 Key ExecutivesMichael J. TaylorChairman, President & Chief Executive OfficerAlex LaRueChief Financial Officer, Secretary & TreasurerJonathan HolcombVice President-Purchasing & Coil SalesThompson MichaelVice President-Tubular SalesHoward HendersonVice President-Texas Tubular OperationsKey CompetitorsManitex InternationalNASDAQ:MNTXTechPrecisionOTCMKTS:TPCSIdeal PowerNASDAQ:IPWRPerma-Pipe InternationalNASDAQ:PPIHWrap TechnologiesNASDAQ:WRAPView All CompetitorsInsiders & InstitutionsShufro Rose & Co. LLCSold 4,000 shares on 1/25/2023Ownership: 0.556%Max Alan ReichenthalBought 300 shares on 12/12/2022Total: $2,502.00 ($8.34/share)Max Alan ReichenthalBought 2,545 shares on 12/8/2022Total: $22,141.50 ($8.70/share)Vanguard Group Inc.Bought 18,500 shares on 11/15/2022Ownership: 4.006%BlackRock Inc.Sold 7,991 shares on 11/15/2022Ownership: 0.232%View All Insider TransactionsView All Institutional Transactions 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 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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