Friedman Industries, Incorporated (FRD)

NYSEAMERICAN: FRD · IEX Real-Time Price · USD
11.33
-0.25 (-2.16%)
Mar 29, 2023, 4:00 PM EDT - Market closed
-2.16%
Market Cap 83.57M
Revenue (ttm) 498.45M
Net Income (ttm) 7.57M
Shares Out 7.38M
EPS (ttm) 1.00
PE Ratio 11.33
Forward PE n/a
Dividend $0.08 (0.71%)
Ex-Dividend Date Jan 12, 2023
Volume 15,066
Open 11.58
Previous Close 11.58
Day's Range 11.15 - 11.58
52-Week Range 6.74 - 13.38
Beta 1.07
Analysts n/a
Price Target n/a
Earnings Date Feb 9, 2023

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]

Industry Steel
Sector Materials
Founded 1965
Employees 98
Stock Exchange NYSEAMERICAN
Ticker Symbol FRD
Full Company Profile

Financial Performance

In 2022, FRD's revenue was $285.23 million, an increase of 126.19% compared to the previous year's $126.10 million. Earnings were $14.07 million, an increase of 23.12%.

Financial Statements

News

FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES CASH DIVIDEND

LONGVIEW, Texas, March 21, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE—American; Trading Symbol: FRD)

1 week ago - GlobeNewsWire

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.

1 month ago - GlobeNewsWire

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.

4 months ago - GlobeNewsWire

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.

6 months ago - GlobeNewsWire

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 ...

7 months ago - GlobeNewsWire

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)

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

Friedman Industries, Incorporated Announces Third Quarter Results

LONGVIEW, Texas, Feb. 14, 2022 (GLOBE NEWSWIRE) -- The Company announced today its results of operations for the fiscal third quarter. For the quarter ended December 31, 2021 (the “2021 quarter”), the...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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

1 year ago - GlobeNewsWire

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.

2 years ago - GuruFocus

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 ...

2 years ago - GlobeNewsWire

Friedman Industries, Incorporated Announces Second Quarter Results

LONGVIEW, Texas, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE – American; trading symbol: FRD) -

2 years ago - GlobeNewsWire

Friedman Industries

While certain sectors of the market seem overheated, I'm finding plenty of value opportunities around

2 years ago - GuruFocus

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 ...

2 years ago - GlobeNewsWire

Investment Note: Friedman Industries

A debt-free steel value-added reseller selling at rock bottom price

3 years ago - GuruFocus

3 Deep Value Stocks for the Bear Market

After recent market declines, a handful of stocks have now fallen into bargain-basement territory.

Other symbols: DSWLFTK
3 years ago - GuruFocus

Friedman Industries, Incorporated Announces Cash Dividend

LONGVIEW, Texas, March 26, 2020 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE—American; Trading Symbol: FRD) The Board of Directors (the “Board”) of Friedman Industries, Incorporated, ...

3 years ago - GlobeNewsWire

FRIEDMAN INDUSTRIES, - INCORPORATED ANNOUNCES CASH DIVIDEND

LONGVIEW, Texas, Dec. 05, 2019 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE—American; Trading Symbol: FRD) The Board of Directors (the “Board”) of Friedman Industries, Incorporated, a...

3 years ago - GlobeNewsWire

Friedman Industries, Incorporated Announces President and CEO

LONGVIEW, Texas, Sept. 18, 2019 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE - American: FRD) (the “Company”), a steel manufacturing, processing, and distribution company, announced t...

3 years ago - GlobeNewsWire