Friedman Industries Incorporated logo

Friedman Industries IncorporatedNYSE American: FRD

Profile

Industry:

Steel & Iron

Country:

United States

IPO:

17 March 1980

Next earnings report:

14 August 2024

Last dividends:

25 April 2024

Next dividends:

26 July 2024
$101.13 M
-25%vs. 3y high
20%vs. sector
-80%vs. 3y high
3%vs. sector
-48%vs. 3y high
21%vs. sector
-64%vs. 3y high
4%vs. sector

Price

after hours | Mon, 01 Jul 2024 20:01:03 GMT
$14.51-$0.59(-3.91%)
$132.23 M$4.96 M

Analysts recommendations

Institutional Ownership

FRD Latest News

Friedman Industries, Incorporated Announces Cash Dividend
globenewswire.com26 June 2024 Sentiment: -

LONGVIEW, Texas, June 26, 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 June 26, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 16, 2024 to shareholders of record at the close of business on July 26, 2024. This dividend marks the Company's 210th consecutive quarterly cash dividend since becoming publicly traded in 1972.

Zacks Initiates Coverage of Friedman Industries With Neutral Recommendation
zacks.com20 June 2024 Sentiment: -

Find out why Zacks rates Friedman Industries as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore FRD's strategic expansions and financial health amid market challenges.

Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2024 Results
globenewswire.com11 June 2024 Sentiment: -

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.

What type of business is Friedman Industries Incorporated?

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, 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.

What sector is Friedman Industries Incorporated in?

Friedman Industries Incorporated is in the Basic Materials sector

What industry is Friedman Industries Incorporated in?

Friedman Industries Incorporated is in the Steel & Iron industry

What country is Friedman Industries Incorporated from?

Friedman Industries Incorporated is headquartered in United States

When did Friedman Industries Incorporated go public?

Friedman Industries Incorporated initial public offering (IPO) was on 17 March 1980

What is Friedman Industries Incorporated website?

https://www.friedmanindustries.com

Is Friedman Industries Incorporated in the S&P 500?

No, Friedman Industries Incorporated is not included in the S&P 500 index

Is Friedman Industries Incorporated in the NASDAQ 100?

No, Friedman Industries Incorporated is not included in the NASDAQ 100 index

Is Friedman Industries Incorporated in the Dow Jones?

No, Friedman Industries Incorporated is not included in the Dow Jones index

When does Friedman Industries Incorporated report earnings?

The next expected earnings date for Friedman Industries Incorporated is 14 August 2024