Friedman Industries, Incorporated (FRD)
| Market Cap | 128.09M |
| Revenue (ttm) | 508.21M |
| Net Income (ttm) | 18.70M |
| Shares Out | 6.98M |
| EPS (ttm) | 2.53 |
| PE Ratio | 7.26 |
| Forward PE | n/a |
| Dividend | $0.10 (0.54%) |
| Ex-Dividend Date | Apr 25, 2024 |
| Volume | 206 |
| Open | 18.47 |
| Previous Close | 18.45 |
| Day's Range | 18.37 - 18.37 |
| 52-Week Range | 9.50 - 19.52 |
| Beta | 1.34 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jun 27, 2024 |
About 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... [Read more]
Financial Performance
In 2022, FRD's revenue was $547.54 million, an increase of 91.96% compared to the previous year's $285.24 million. Earnings were $21.34 million, an increase of 51.74%.
Financial StatementsNews
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,...
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 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 Corpo...
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 T...
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 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 LAUNCHES NEW COMPANY WEBSITE
Longview, TX, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE – American; trading symbol: FRD)
Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2023 Results and Provides Near-Term Outlook
LONGVIEW, Texas, June 29, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter and fiscal year ended March 31, 2023...
Friedman Industries, Incorporated Announces Third Quarter Results and Provides Near-Term Outlook
LONGVIEW, Texas, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the fiscal third quarter.
Friedman Industries, Incorporated Announces Second Quarter Results and Provides Near-term Outlook
LONGVIEW, Texas, Dec. 02, 2022 (GLOBE NEWSWIRE) -- The Company announced today its results of operations for the fiscal second quarter.
FRIEDMAN INDUSTRIES, INCORPORATED PROVIDES SINTON FACILITY UPDATE AND UPDATE ON FORM 10-Q FILING
SINTON UPDATE
Friedman Industries, Incorporated Announces First Quarter Results, Provides Sinton Update and Near-term Outlook
The Company announced today its results of operations for the fiscal first quarter. The Company announced today its results of operations for the fiscal first quarter.
FRIEDMAN INDUSTRIES, INCORPORATED PROVIDES UPDATE ON FORM 10-Q FILING
LONGVIEW, Texas, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE – American; trading symbol: FRD) On August 10, 2022, the Company filed a Form NT 10-Q with the SEC providing ...
Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2022 Results and Provides Post Plateplus Transaction Update
LONGVIEW, Texas, July 22, 2022 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE – American; trading symbol: FRD)
FRIEDMAN INDUSTRIES, INCORPORATED PROVIDES UPDATE ON FORM 10-K FILING
LONGVIEW, Texas, June 29, 2022 (GLOBE NEWSWIRE) -- The Company's measurement date to determine its filer status with the Securities and Exchange Commission (“SEC”) is September 30th of each year based...
Friedman Industries, Incorporated Expands With Major Acquisition of Plateplus, Inc. Operations
LONGVIEW, Texas, May 02, 2022 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (“Friedman”) (NYSE American: FRD), a Texas-based company engaged in steel processing and distribution as well as pip...
Friedman Industries, Incorporated Announces Second Quarter Results and Sinton, Texas Facility Update
LONGVIEW, Texas, Nov. 19, 2021 (GLOBE NEWSWIRE) -- The Company announced today its results of operations for the fiscal second quarter. For the quarter ended September 30, 2021 (the “2021 quarter”), t...
Friedman Industries, Incorporated Announces First Quarter Results
LONGVIEW, Texas, Aug. 23, 2021 (GLOBE NEWSWIRE) -- The Company announced today its results of operations for the fiscal first quarter. For the quarter ended June 30, 2021 (the “2021 quarter”), the Com...
Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2021 Results
Reports most profitable quarter and second most profitable fiscal year in Company history Reports most profitable quarter and second most profitable fiscal year in Company history
Friedman Industries: Now Firing on All Cylinders
Last year I wrote about Friedman Industries Inc. ( FRD , Financial) - A debt-free steel value-added reseller selling at a rock-bottom price. The stock was at $4.24.
Friedman Industries Provides Fourth Quarter Earnings Guidance and Announces New Sinton Facility
LONGVIEW, Texas, May 25, 2021 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE – American: trading symbol FRD), a manufacturer and processor of steel products, today announced guidance for ...
Friedman Industries, Incorporated Announces Second Quarter Results
LONGVIEW, Texas, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE – American; trading symbol: FRD) -
Friedman Industries
While certain sectors of the market seem overheated, I'm finding plenty of value opportunities around
Friedman Industries, Incorporated Announces Share Repurchase Program and Fourth Quarter and Fiscal Year 2020 Results
LONGVIEW, Texas, June 29, 2020 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated announced today a share repurchase program authorized by the Board of Directors on June 25, 2020 under which the ...
Investment Note: Friedman Industries
A debt-free steel value-added reseller selling at rock bottom price