Summary
14.54 -0.32(-2.15%)09/16/2024
Friedman Industries, Inc. (FRD)
Friedman Industries, Inc. (FRD)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -2.15 | 1.04 | -2.43 | -10.73 | -15.07 | 5.21 | 144.78 | 5,270.07 |
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| Trading Data | ||
| Close | 14.54 | |
| Open | 14.86 | |
| High | 15.03 | |
| Low | 14.48 | |
| Volume | 9,587 | |
| Change | -0.32 | |
| Change % | -2.15 | |
| Avg Volume (20 Days) | 9,524 | |
| Volume/Avg Volume (20 Days) Ratio | 1.01 | |
| 52 Week Range | 9.50 - 19.50 | |
| Price vs 52 Week High | -25.44% | |
| Price vs 52 Week Low | 53.05% | |
| Range | -2.15 | |
| Gap Up/Down | 0.00 | |
Fundamentals | ||
| Market Capitalization (Mln) | 104 | |
| EBIDTA | 27,781,000 | |
| PE Ratio | 7.5157 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 0.00 | |
| Book Value | 17.6060 | |
| Earnings Per Share | 2.5400 | |
| EPS Estimate Current Quarter | 0.0000 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 0.0000 | |
| EPS Estimate Next Year | 0.0000 | |
| Diluted EPS (TTM) | 2.5400 | |
| Revenues | ||
| Profit Marging | 0.0368 | |
| Operating Marging (TTM) | 0.2165 | |
| Return on asset (TTM) | 0.0717 | |
| Return on equity (TTM) | 0.1616 | |
| Revenue TTM | 508,204,992 | |
| Revenue per share TTM | 69.8610 | |
| Quarterly Revenue Growth (YOY) | 1.8020 | |
| Quarterly Earnings Growth (YOY) | -0.3290 | |
| Gross Profit (TTM) | 40,987,278 | |
| Dividends | ||
| Dividend Share | 0.0800 | |
| Dividend Yield | 0.0084 | |
| Valuations | ||
| Trailing PE | 7.5157 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.0975 | |
| Revenue Enterprise Value | 0.3500 | |
| EBITDA Enterprise Value | 5.8344 | |
| Shares | ||
| Shares Outstanding | 6,976,310 | |
| Shares Float | 5,520,355 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 4.28 | |
| Institutions (%) | 46.87 | |
08/12 13:16 EST - zacks.com
Friedman Industries (FRD) Q1 Earnings and Revenues Decline Y/Y
Friedman Industries' (FRD) overall topline is hurt by a year-over-year decline in sales across both segments.
Friedman Industries (FRD) Q1 Earnings and Revenues Decline Y/Y
Friedman Industries' (FRD) overall topline is hurt by a year-over-year decline in sales across both segments.
08/08 16:20 EST - globenewswire.com
Friedman Industries, Incorporated Announces First Quarter Results
LONGVIEW, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter ended June 30, 2024.
Friedman Industries, Incorporated Announces First Quarter Results
LONGVIEW, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter ended June 30, 2024.
06/26 17:27 EST - globenewswire.com
Friedman Industries, Incorporated Announces Cash Dividend
LONGVIEW, Texas, June 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NYSE American: FRD) a Texas-based company engaged in steel processing, pipe manufacturing, and steel and pipe distribution, declared on June 26, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 16, 2024 to shareholders of record at the close of business on July 26, 2024. This dividend marks the Company's 210th consecutive quarterly cash dividend since becoming publicly traded in 1972.
Friedman Industries, Incorporated Announces Cash Dividend
LONGVIEW, Texas, June 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NYSE American: FRD) a Texas-based company engaged in steel processing, pipe manufacturing, and steel and pipe distribution, declared on June 26, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 16, 2024 to shareholders of record at the close of business on July 26, 2024. This dividend marks the Company's 210th consecutive quarterly cash dividend since becoming publicly traded in 1972.
06/20 09:50 EST - zacks.com
Zacks Initiates Coverage of Friedman Industries With Neutral Recommendation
Find out why Zacks rates Friedman Industries as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore FRD's strategic expansions and financial health amid market challenges.
Zacks Initiates Coverage of Friedman Industries With Neutral Recommendation
Find out why Zacks rates Friedman Industries as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore FRD's strategic expansions and financial health amid market challenges.
06/17 14:31 EST - seekingalpha.com
Friedman Industries: Decent Q4 FY24 Results But Still Not Cheap
The company booked a net income of $5 million for Q4 FY24 despite rising processing and warehousing expenses and lower HRC steel prices. The sales volume grew by 13%, and I think it could continue to improve in FY25. However, I think that HRC steel prices could stabilize at around $600/t over the coming months as China's economic recovery is still sluggish.
Friedman Industries: Decent Q4 FY24 Results But Still Not Cheap
The company booked a net income of $5 million for Q4 FY24 despite rising processing and warehousing expenses and lower HRC steel prices. The sales volume grew by 13%, and I think it could continue to improve in FY25. However, I think that HRC steel prices could stabilize at around $600/t over the coming months as China's economic recovery is still sluggish.
06/12 12:50 EST - zacks.com
Friedman Industries (FRD) Q4 Earnings Decline Y/Y, Margins Down
Friedman Industries' (FRD) overall topline in fourth-quarter fiscal 2024 benefits from revenue growth in both segments.
Friedman Industries (FRD) Q4 Earnings Decline Y/Y, Margins Down
Friedman Industries' (FRD) overall topline in fourth-quarter fiscal 2024 benefits from revenue growth in both segments.
06/11 16:31 EST - globenewswire.com
Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2024 Results
LONGVIEW, Texas, June 11, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter and fiscal year ended March 31, 2024.
Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2024 Results
LONGVIEW, Texas, June 11, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter and fiscal year ended March 31, 2024.
03/21 16:05 EST - globenewswire.com
FRIEDMAN INDUSTRIES, INCORPORATED INCREASES CASH DIVIDEND
LONGVIEW, Texas, March 21, 2024 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NYSE-American: FRD) a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on March 20, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company.
FRIEDMAN INDUSTRIES, INCORPORATED INCREASES CASH DIVIDEND
LONGVIEW, Texas, March 21, 2024 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NYSE-American: FRD) a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on March 20, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company.
02/14 16:56 EST - globenewswire.com
Friedman Industries, Incorporated Announces Third Quarter Results
LONGVIEW, Texas, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) today announced its results of operations for the third fiscal quarter ended December 31, 2023.
Friedman Industries, Incorporated Announces Third Quarter Results
LONGVIEW, Texas, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) today announced its results of operations for the third fiscal quarter ended December 31, 2023.
12/18 13:38 EST - globenewswire.com
FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES SHARE REPURCHASE AND AUTHORIZATION OF ADDITIONAL SHARE REPURCHASE PROGRAM
LONGVIEW, Texas, Dec. 18, 2023 (GLOBE NEWSWIRE) -- On December 13, 2023, Friedman Industries, Incorporated (the “Company”) repurchased 400,041 shares of the Company's common stock from Metal One Corporation for an aggregate repurchase price of approximately $5.1 million. After the repurchase, the Company had 6,971,824 shares of common stock outstanding.
FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES SHARE REPURCHASE AND AUTHORIZATION OF ADDITIONAL SHARE REPURCHASE PROGRAM
LONGVIEW, Texas, Dec. 18, 2023 (GLOBE NEWSWIRE) -- On December 13, 2023, Friedman Industries, Incorporated (the “Company”) repurchased 400,041 shares of the Company's common stock from Metal One Corporation for an aggregate repurchase price of approximately $5.1 million. After the repurchase, the Company had 6,971,824 shares of common stock outstanding.
12/13 17:27 EST - globenewswire.com
FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES CASH DIVIDEND
LONGVIEW, Texas, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE—American; Trading Symbol: FRD) The Board of Directors (the “Board”) of Friedman Industries, Incorporated, a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on December 13, 2023, a cash dividend of $0.02 per share on the Common Stock of the Company. The Company will pay the cash dividend on February 16, 2024 to shareholders of record at the close of business on January 19, 2024. This dividend marks the Company's 208th consecutive quarterly cash dividend with the Company having paid a cash dividend every quarter since becoming publicly traded in 1972.
FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES CASH DIVIDEND
LONGVIEW, Texas, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE—American; Trading Symbol: FRD) The Board of Directors (the “Board”) of Friedman Industries, Incorporated, a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on December 13, 2023, a cash dividend of $0.02 per share on the Common Stock of the Company. The Company will pay the cash dividend on February 16, 2024 to shareholders of record at the close of business on January 19, 2024. This dividend marks the Company's 208th consecutive quarterly cash dividend with the Company having paid a cash dividend every quarter since becoming publicly traded in 1972.
11/14 17:05 EST - globenewswire.com
Friedman Industries, Incorporated Announces Second Quarter Results and Provides Update on Strategic Growth Initiatives
LONGVIEW, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter ended September 30, 2023.
Friedman Industries, Incorporated Announces Second Quarter Results and Provides Update on Strategic Growth Initiatives
LONGVIEW, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter ended September 30, 2023.
08/14 16:24 EST - globenewswire.com
Friedman Industries, Incorporated Announces First Quarter Results and Provides Near-Term Outlook
LONGVIEW, Texas, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter ended June 30, 2023.
Friedman Industries, Incorporated Announces First Quarter Results and Provides Near-Term Outlook
LONGVIEW, Texas, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter ended June 30, 2023.
08/07 09:00 EST - globenewswire.com
FRIEDMAN INDUSTRIES, INCORPORATED LAUNCHES NEW COMPANY WEBSITE
Longview, TX, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE – American; trading symbol: FRD)
FRIEDMAN INDUSTRIES, INCORPORATED LAUNCHES NEW COMPANY WEBSITE
Longview, TX, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE – American; trading symbol: FRD)
08/02 15:26 EST - investorplace.com
7 Value-Growth Stocks That'll Make You a Millionaire by 2025
Investors often jump into expensive stocks that have strong momentum and grand underlying businesses. However, these stocks can underperform the broader market or even return losses if your entry point is too high.
7 Value-Growth Stocks That'll Make You a Millionaire by 2025
Investors often jump into expensive stocks that have strong momentum and grand underlying businesses. However, these stocks can underperform the broader market or even return losses if your entry point is too high.
12/06 02:53 EST - seekingalpha.com
Friedman Industries: Strong Financials Despite Low HRC Steel Prices
The company booked a $4 million comprehensive income in Q2 FY23 thanks to a prudent hedging strategy and the strong performance of its tubular division. With HRC steel prices falling, inventories and receivables declined significantly, which pushed the CFO for the quarter to $76 million.
Friedman Industries: Strong Financials Despite Low HRC Steel Prices
The company booked a $4 million comprehensive income in Q2 FY23 thanks to a prudent hedging strategy and the strong performance of its tubular division. With HRC steel prices falling, inventories and receivables declined significantly, which pushed the CFO for the quarter to $76 million.
07/05 17:05 EST - seekingalpha.com
Friedman Industries: Plateplus Deal Is Transformational And I'm Going Long
The company recently bought two coil processing facilities from Plateplus for $63.8 million in cash and 516,041 shares, and this should more than double its production. The deal also includes steel inventory and customer relationships from two other facilities, which have a combined production of 113,000 tons.
Friedman Industries: Plateplus Deal Is Transformational And I'm Going Long
The company recently bought two coil processing facilities from Plateplus for $63.8 million in cash and 516,041 shares, and this should more than double its production. The deal also includes steel inventory and customer relationships from two other facilities, which have a combined production of 113,000 tons.
03/16 18:48 EST - seekingalpha.com
Friedman Industries Trades Above Fair Value But The Situation May Change
FRD is a downstream steel producer, meaning a company that buys steel coil from big mills and processes it according to final customer requirements.
Friedman Industries Trades Above Fair Value But The Situation May Change
FRD is a downstream steel producer, meaning a company that buys steel coil from big mills and processes it according to final customer requirements.
01/04 22:29 EST - seekingalpha.com
Friedman Industries Looks Cheap Based On Fundamentals
The company closed H1 FY22 with a net profit of $24.5 million thanks to high steel prices. The last time the company had unusually high earnings, it distributed a special dividend. I expect the same to happen in the near future.
Friedman Industries Looks Cheap Based On Fundamentals
The company closed H1 FY22 with a net profit of $24.5 million thanks to high steel prices. The last time the company had unusually high earnings, it distributed a special dividend. I expect the same to happen in the near future.