NYSEAMERICAN:FRD Friedman Industries (FRD) Stock Price, News & Analysis $16.47 +0.45 (+2.81%) (As of 12/20/2024 04:33 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisChartDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort Interest About Friedman Industries Stock (NYSEAMERICAN:FRD) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Friedman Industries alerts:Sign Up Key Stats Today's Range$15.81▼$16.4750-Day Range N/A52-Week Range$13.40▼$19.52Volume12,750 shsAverage Volume16,791 shsMarket Capitalization$114.80 millionP/E Ratio14.45Dividend Yield0.97%Price TargetN/AConsensus RatingN/A Company OverviewFriedman 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, southwestern and southeastern regions of the United States. Its principal customers for these products and services are steel distributors and customers manufacturing steel products, such as steel buildings, railroad cars, barges, tanks and containers, trailers, component parts and other fabricated steel products. The Tubular segment manufactures line and oil country pipes, as well as pipes for structural applications. This segment sells its tubular products principally to steel and pipe distributors through its own sales force. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas.Read More… Friedman Industries Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks40th Percentile Overall ScoreFRD MarketRank™: Friedman Industries scored higher than 40% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's OpinionN/AAnalyst RatingN/A Consensus RatingThere is not enough analysis data for Friedman Industries. Earnings and Valuation1.9 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Friedman Industries is 14.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Friedman Industries is 14.45, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.08.Price to Book Value per Share RatioFriedman Industries has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.06% 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 0.3, 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 18.00%, indicating that investor sentiment is improving significantly. Dividend0.8 / 5Dividend StrengthWeak Dividend YieldFriedman Industries has a dividend yield of 0.97%, 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 14.04%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Friedman Industries' dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted0.06% 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 0.3, 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 18.00%, indicating that investor sentiment is improving significantly. News and Social Media0.6 / 5News SentimentN/A Search Interest1 people have searched for FRD on MarketBeat in the last 30 days. Company Ownership1.7 / 5Insider TradingAcquiring Shares 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 $36,695.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.60% of the stock of Friedman Industries is held by insiders.Percentage Held by InstitutionsOnly 33.26% of the stock of Friedman Industries is held by institutions.Read more about Friedman Industries' insider trading history. 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 HeadlinesInsider Buying: Friedman Industries, Incorporated (NYSEAMERICAN:FRD) CEO Acquires 2,000 Shares of StockNovember 26, 2024 | insidertrades.comFriedman Industries, Incorporated Announces Cash DividendDecember 3, 2024 | globenewswire.comIf you see ONE chart today… make it this one$1 Trillion… That’s how much Big Tech is set to spend on AI investment in the coming months—according to Goldman Sachs. This investment is driving an A.I. boom that’s being felt across many industries… Including a specific group of energy tickers since A.I. data centers use a massive amount of power. One of those tickers is CEG, up nearly 600% in the last 3 years… Combined with the upcoming presidential election, we have the recipe for a major shakeup in the market. You see, each time the U.S. elects a new president, one overlooked part of the energy sector tends to see a big move. Fact is… this energy niche is BOOMING.December 22, 2024 | ProsperityPub (Ad)Friedman's Q2 2024 Is An Unusual Peek Into Its True Profitability, And It's Not GreatNovember 29, 2024 | seekingalpha.comInsider Buying: Mike Taylor Acquires Additional Shares of Friedman Industries Inc (FRD)November 25, 2024 | gurufocus.comInsider Buying: Max Reichenthal Acquires Additional Shares of Friedman Industries Inc (FRD)November 22, 2024 | gurufocus.comFRD Friedman Industries, IncorporatedNovember 21, 2024 | seekingalpha.comFriedman Industries Inc.: Friedman Industries, Incorporated Announces Second Quarter ResultsNovember 14, 2024 | finanznachrichten.deSee More Headlines FRD Stock Analysis - Frequently Asked Questions How have FRD shares performed this year? Friedman Industries' stock was trading at $18.74 on January 1st, 2024. Since then, FRD shares have decreased by 12.1% and is now trading at $16.47. View the best growth stocks for 2024 here. How were Friedman Industries' earnings last quarter? Friedman Industries, Incorporated (NYSEAMERICAN:FRD) posted its quarterly earnings data on Tuesday, August, 14th. The company reported $0.51 earnings per share for the quarter. The company had revenue of $48.19 million for the quarter. Friedman Industries had a trailing twelve-month return on equity of 6.32% and a net margin of 1.71%. Who are Friedman Industries' major shareholders? Top institutional shareholders of Friedman Industries include De Lisle Partners LLP (6.02%), Geode Capital Management LLC (1.01%), Callahan Advisors LLC (0.75%) and Empowered Funds LLC (0.50%). Insiders that own company stock include Mike J Taylor, Joe L Williams, Max Alan Reichenthal, Durga D Agrawal, Alex Larue, Joel Spira 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Friedman Industries own? Based on aggregate information from My MarketBeat watchlists, some other companies that Friedman Industries investors own include Main Street Capital (MAIN), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), British American Tobacco (BTI), Hercules Capital (HTGC), ONEOK (OKE) and AGNC Investment (AGNC). Company Calendar Last Earnings8/14/2018Ex-Dividend for 11/15 Dividend10/25/2024Dividend Payable11/15/2024Today12/22/2024Ex-Dividend for 2/14 Dividend1/17/2025Dividend Payable2/14/2025Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN SectorIndustrial Products Industry Steel works, blast furnaces, & rolling & finishing mills Sub-IndustrySteel Works Current SymbolNYSEAMERICAN:FRD Previous SymbolNYSE:FRD CUSIPN/A CIK39092 Webwww.friedmanindustries.com Phone(903) 758-3431Fax903-758-2265Employees100Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$1.14 Trailing P/E Ratio14.45 Forward P/E RatioN/A P/E GrowthN/ANet Income$17.34 million Net Margins1.71% Pretax Margin2.30% Return on Equity6.32% Return on Assets3.61% Debt Debt-to-Equity RatioN/A Current Ratio4.07 Quick Ratio1.18 Sales & Book Value Annual Sales$516.25 million Price / Sales0.22 Cash Flow$2.93 per share Price / Cash Flow5.62 Book Value$18.27 per share Price / Book0.90Miscellaneous Outstanding Shares6,970,000Free Float6,646,000Market Cap$114.80 million OptionableNot Optionable Beta1.41 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? 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