Friedman Industries, Incorporated (FRD)

NASDAQ: FRD · Real-Time Price · USD
16.08
-0.25 (-1.53%)
At close: Jun 27, 2025, 4:00 PM
16.08
0.00 (0.00%)
After-hours: Jun 27, 2025, 4:34 PM EDT
-1.53%
Market Cap 113.52M
Revenue (ttm) 444.60M
Net Income (ttm) 6.06M
Shares Out 7.06M
EPS (ttm) 0.87
PE Ratio 18.77
Forward PE n/a
Dividend $0.16 (1.00%)
Ex-Dividend Date Apr 25, 2025
Volume 602,891
Open 16.18
Previous Close 16.33
Day's Range 15.65 - 16.70
52-Week Range 12.24 - 19.12
Beta 1.51
Analysts n/a
Price Target n/a
Earnings Date Jun 12, 2025

About FRD

Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. It operates in two segments, Flat-Roll Products and Tubular Products. The Flat-Roll Product segment is involved in the operation of hot-rolled coil processing facilities to cut the coils into sheets and plates, as well as the provision of process and storage services for customer-owned coils on a fee basis. The Tubular Product segment manufactures line and oil country pipes, as well as pipes for structural applications. It serves ... [Read more]

Industry Steel
Sector Materials
Founded 1965
Employees 271
Stock Exchange NASDAQ
Ticker Symbol FRD
Full Company Profile

Financial Performance

In 2024, Friedman Industries's revenue was $444.60 million, a decrease of -13.88% compared to the previous year's $516.25 million. Earnings were $6.06 million, a decrease of -64.68%.

Financial Statements

News

Friedman Industries, Incorporated Announces Cash Dividend

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, pip...

2 days ago - GlobeNewsWire

Friedman Already Operates At Full Capacity But Low Margins

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, b...

3 days ago - Seeking Alpha

Friedman Industries, Incorporated Announces Transfer to Nasdaq

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...

3 months ago - GlobeNewsWire

Friedman: Unprofitable For The Second Quarter At These Volumes

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...

4 months ago - Seeking Alpha

Friedman Industries, Incorporated Announces Third Quarter Results

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...

5 months ago - GlobeNewsWire

Four Commodity Stocks To Watch In 2025

The positive trends for commodities are likely to continue in 2025. With escalating conflicts and instability in several regions, we explore a list of prospective junior commodity companies focusing o...

6 months ago - Benzinga

Friedman's Q2 2024 Is An Unusual Peek Into Its True Profitability, And It's Not Great

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...

7 months ago - Seeking Alpha

Friedman Industries, Incorporated Announces Second Quarter Results

LONGVIEW, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the second fiscal quarter ended September 30, 20...

8 months ago - GlobeNewsWire

3 "Perfect Stocks" To Buy Today

Nobody is perfect. While life teaches us the truth of that old saw pretty early on, the opposite can be found to be true in the stock market.

Other symbols: JOUTPHX
9 months ago - Benzinga

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.

11 months ago - GlobeNewsWire

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 ...

1 year ago - Seeking Alpha

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...

1 year ago - GlobeNewsWire

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,...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

Friedman Industries: 50% Upside To Growing TBV

Friedman Industries has strong financial ratios and is expected to experience significant growth in the next few years. The company has about 50% upside to tangible book value, which is growing rapidl...

1 year ago - Seeking Alpha

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.

1 year ago - GlobeNewsWire

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.

2 years ago - GlobeNewsWire

FRIEDMAN INDUSTRIES, INCORPORATED LAUNCHES NEW COMPANY WEBSITE

Longview, TX, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE – American; trading symbol: FRD)

2 years ago - GlobeNewsWire

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...

2 years 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.

2 years ago - GlobeNewsWire

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 ...

2 years ago - Seeking Alpha

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.

2 years 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.

2 years ago - GlobeNewsWire