Friedman Industries, Incorporated (FRD)
$
17.02
+0.12 (0.71%)
Key metrics
Financial statements
Free cash flow per share
-1.1961
Market cap
120.2 Million
Price to sales ratio
0.2702
Debt to equity
0.3812
Current ratio
4.3437
Income quality
-0.7247
Average inventory
114.5 Million
ROE
0.0470
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Friedman Industries, Incorporated is engaged in the processing and manufacturing of steel and pipes, alongside the distribution of these products across the United States. The company operates in two main segments: Coil and Tubular. The Coil segment focuses on converting steel coils into flat sheet and plate steel tailored to customer specifications and also involves the resale of steel coils. Additionally, it processes customer-owned coils for a fee. The company's coil products and processing services cater to approximately 230 customers primarily situated in the midwestern, southwestern, and southeastern regions of the country. Key clientele includes steel distributors and manufacturers of various steel products, such as buildings, railroad cars, barges, tanks, trailers, component parts, and other fabricated items. In this context, the gross profit ratio is 0.10 reflecting the efficiency of the company's production and sales operations. The gross profit stands at $45,475,000.00 highlighting the company's profitability from core operations. The weighted average number of shares outstanding is 6,944,602.00 demonstrating its shareholder base, while total costs and expenses are reported at $441,557,000.00 indicating overall spending. Moreover, the earnings per share (EPS) is recorded at $0.87 pointing to the company's profitability on a per-share basis. In the Tubular segment, the company manufactures line and oil country pipes as well as pipes intended for structural use, predominantly selling these products to steel and pipe distributors through its dedicated sales force. Incorporated in 1965 and headquartered in Longview, Texas, Friedman Industries holds a significant position in the steel and pipe industry. The stock of Friedman Industries is affordable at $17.02 making it suitable for budget-conscious investors. However, the stock exhibits a low average trading volume of 32,413.00 indicating reduced market activity. With a market capitalization of $120,151,669.00 the company is categorized as a small-cap player in the industry. It is a key contributor to the Steel industry, significantly influencing the overall market landscape. Additionally, it belongs to the Basic Materials sector, which is pivotal in driving innovation and growth. These attributes collectively highlight Friedman Industries' role within the broader economic framework, showcasing its potential for investors looking for opportunities in the steel processing and distribution market.
Is Friedman Industries, Incorporated (FRD) a good investment?
Investing in Friedman Industries, Incorporated (FRD) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as B, with a Bullish outlook. Always conduct your own research before investing.
What is Friedman Industries, Incorporated (FRD)'s stock forecast?
Analysts predict Friedman Industries, Incorporated stock to fluctuate between $12.24 (low) and $19.12 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Friedman Industries, Incorporated's market capitalization?
As of 2025-07-11, Friedman Industries, Incorporated's market cap is $120,151,669, based on 7,059,440 outstanding shares.
How does Friedman Industries, Incorporated compare to competitors like The Sherwin-Williams Company?
Compared to The Sherwin-Williams Company, Friedman Industries, Incorporated has a Lower Market-Cap, indicating a difference in performance.
Does Friedman Industries, Incorporated pay dividends?
Friedman Industries, Incorporated pays dividends. The current dividend yield is 1.21%, with a payout of $0.04 per share.
How can I buy Friedman Industries, Incorporated (FRD) stock?
To buy Friedman Industries, Incorporated (FRD) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for FRD. Place an order (Market, Limit, etc.).
What is the best time to invest in Friedman Industries, Incorporated?
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
Has Friedman Industries, Incorporated stock ever split?
Friedman Industries, Incorporated's last stock split was 21:20 on 2000-04-26.
How did Friedman Industries, Incorporated perform in the last earnings report?
Revenue: $444,600,000 | EPS: $0.87 | Growth: -63.60%.
Where can I find Friedman Industries, Incorporated's investor relations reports?
Visit https://www.friedmanindustries.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Friedman Industries, Incorporated?
You can explore historical data from here
What is the all-time high and low for Friedman Industries, Incorporated stock?
All-time high: $19.52 (2024-04-15) | All-time low: $6.74 (2022-09-26).
What are the key trends affecting Friedman Industries, Incorporated stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
globenewswire.com
LONGVIEW, Texas, June 25, 2025 (GLOBE NEWSWIRE) -- -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NASDAQ/GS: FRD) a Texas-based company engaged in steel processing, pipe manufacturing, and steel and pipe distribution, declared on June 25, 2025, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 8, 2025 to shareholders of record at the close of business on July 18, 2025. This dividend marks the Company's 214th consecutive quarterly cash dividend since becoming publicly traded in 1972.
seekingalpha.com
Friedman Industries' margins remain flat despite Sinton running at full capacity, with no meaningful profitability improvement in 1Q25. Volume growth and higher hot rolled coil prices are positives, but margin pressure persists amid weak US economic expectations. Tariffs offer minimal benefit to Friedman, and a recession could further dampen demand and margins in this cyclical business.
zacks.com
FRD posts strong fourth-quarter fiscal 2025 with record sales volume and margin gains, but full-year results reflect earlier pricing pressures.
globenewswire.com
LONGVIEW, Texas, March 27, 2025 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD), a leading manufacturer and processor of steel products, announced today it will transfer its common stock listing to the Nasdaq Global Select Market (“Nasdaq”) and commence trading effective April 8, 2025, under the symbol “FRD”. The Company's common stock will continue to trade on the NYSE American through market close on April 7, 2025.
globenewswire.com
LONGVIEW, Texas, March 19, 2025 (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 March 19, 2025, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on May 23, 2025 to shareholders of record at the close of business on April 25, 2025. This dividend marks the Company's 213th consecutive quarterly cash dividend since becoming publicly traded in 1972.
seekingalpha.com
Friedman Industries, Incorporated's Q3 2025 earnings show falling volumes and unprofitable operations, confirming trends observed since early 2024. The company's market cap is $120 million with a high P/E ratio, making its valuation difficult to justify. Friedman cannot cover interest costs at current volumes, but has sufficient net working capital to avoid immediate financial issues.
globenewswire.com
LONGVIEW, Texas, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the third fiscal quarter ended December 31, 2024.
globenewswire.com
LONGVIEW, Texas, Dec. 03, 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 December 3, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on February 14, 2025 to shareholders of record at the close of business on January 17, 2025. This dividend marks the Company's 212th consecutive quarterly cash dividend since becoming publicly traded in 1972.
seekingalpha.com
Friedman Industries' 2Q24 results reveal unprofitability at current production levels, with flat HRC prices exposing true operating margins. The company processed 160 thousand tons in 2Q24, showing an 8% decline in 1H24 volumes compared to 1H25. Gross margins at 4.5% led to a small operational loss, indicating the company is not GAAP profitable at current volumes.
zacks.com
FRD faces declining sales and demand in second-quarter fiscal 2025, impacting its stock price.
See all news
