Friedman Industries Incorporated logo

Friedman Industries IncorporatedNYSE American: FRD

Profile

Industry:

Steel & Iron

Country:

United States

IPO:

17 March 1980

Next earnings report:

14 February 2025

Last dividends:

25 October 2024

Next dividends:

N/A
$100.32 M
-26%vs. 3y high
18%vs. sector
-58%vs. 3y high
23%vs. sector
-31%vs. 3y high
23%vs. sector
-46%vs. 3y high
5%vs. sector

Price

after hours | Wed, 20 Nov 2024 22:59:43 GMT
$14.40+$0.64(+4.65%)
$106.76 M-$675.00 K

Analysts recommendations

Institutional Ownership

FRD Latest News

Friedman Stock Declines Post Q2 Earnings on Lower Sales, Demand
zacks.com14 November 2024 Sentiment: NEGATIVE

FRD faces declining sales and demand in second-quarter fiscal 2025, impacting its stock price.

Friedman Industries, Incorporated Announces Second Quarter Results
globenewswire.com12 November 2024 Sentiment: NEUTRAL

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, 2024.

Friedman Industries (FRD) Q1 Earnings and Revenues Decline Y/Y
zacks.com12 August 2024 Sentiment: NEGATIVE

Friedman Industries' (FRD) overall topline is hurt by a year-over-year decline in sales across both segments.

Friedman Industries, Incorporated Announces First Quarter Results
globenewswire.com08 August 2024 Sentiment: NEUTRAL

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.

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

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: POSITIVE

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: POSITIVE

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 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 conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils, as well as provision of process and storage services for customer-owned coils on a fee basis. The segment offers its products and services to 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 Product 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. The company was incorporated in 1965 and is based 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 was Friedman Industries Incorporated the previous earnings report?

No data

When does Friedman Industries Incorporated earnings report?

The next expected earnings date for Friedman Industries Incorporated is 14 February 2025