FRD icon

Friedman Industries

18.78 USD
+0.20
1.08%
Updated Aug 26, 11:15 AM EDT
1 day
1.08%
5 days
9.89%
1 month
23.39%
3 months
19.16%
6 months
11.45%
Year to date
26.04%
1 year
25.20%
5 years
247.78%
10 years
207.36%
 

About: Friedman Industries Inc is engaged in the manufacturing and processing of steel products. The company's operating segments include flat-roll products and Tubular Products. It generates maximum revenue from the flat-roll products segment. The company's products and services include Temper Pass, Cut-To-Length, Whole Coils, Toll Processing, Electric Resistance Welded Pipe (ERW), New Mill Secondary, and Pipe Finishing Services.

Employees: 271

0
Funds holding %
of 7,431 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

275% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 4

91% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 11

25% more capital invested

Capital invested by funds: $49.4M [Q1] → $61.6M (+$12.2M) [Q2]

23% more funds holding

Funds holding: 44 [Q1] → 54 (+10) [Q2]

5.14% more ownership

Funds ownership: 47.54% [Q1] → 52.68% (+5.14%) [Q2]

Research analyst outlook

We haven’t received any recent analyst ratings for FRD.

Financial journalist opinion

Based on 3 articles about FRD published over the past 30 days

Positive
Zacks Investment Research
1 week ago
Friedman Industries Stock Gains Following Strong Q1 Earnings Results
FRD delivers robust first-quarter fiscal 2026 results with rising sales, stronger margins and a sharp swing to profitability in key segments.
Friedman Industries Stock Gains Following Strong Q1 Earnings Results
Positive
The Motley Fool
2 weeks ago
Friedman (FRD) Q1 Profit Jumps 92%
Friedman Industries (FRD 1.71%), a steel manufacturer and processor, released its results for the first quarter of fiscal 2026 on August 7, 2025. Revenue (GAAP) was $134.8 million, as the company saw healthy sales volumes especially in its flat-roll steel business.
Friedman (FRD) Q1 Profit Jumps 92%
Neutral
GlobeNewsWire
2 weeks ago
Friedman Industries, Incorporated Announces First Quarter Results
LONGVIEW, Texas, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) announced today its results of operations for the quarter ended June 30, 2025.
Friedman Industries, Incorporated Announces First Quarter Results
Neutral
GlobeNewsWire
1 month ago
Friedman Industries Appoints Gaurav Chhibbar as Chief Operating Officer
LONGVIEW, Texas, July 14, 2025 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) is pleased to announce the appointment of Gaurav Chhibbar as the Company's new Chief Operating Officer (COO) effective July 10, 2025. Gaurav joins Friedman Industries with a distinguished career in operations excellence, strategy, corporate finance, and M&A due diligence.
Friedman Industries Appoints Gaurav Chhibbar as Chief Operating Officer
Neutral
GlobeNewsWire
2 months ago
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, pipe manufacturing, and steel and pipe distribution, declared on June 25, 2025, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 8, 2025 to shareholders of record at the close of business on July 18, 2025. This dividend marks the Company's 214th consecutive quarterly cash dividend since becoming publicly traded in 1972.
Friedman Industries, Incorporated Announces Cash Dividend
Negative
Seeking Alpha
2 months ago
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, but margin pressure persists amid weak US economic expectations. Tariffs offer minimal benefit to Friedman, and a recession could further dampen demand and margins in this cyclical business.
Friedman Already Operates At Full Capacity But Low Margins
Neutral
Zacks Investment Research
2 months ago
Friedman Industries Stock Slips Post Q4 Earnings Despite Margin Gains
FRD posts strong fourth-quarter fiscal 2025 with record sales volume and margin gains, but full-year results reflect earlier pricing pressures.
Friedman Industries Stock Slips Post Q4 Earnings Despite Margin Gains
Neutral
GlobeNewsWire
4 months ago
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 common stock listing to the Nasdaq Global Select Market (“Nasdaq”) and commence trading effective April 8, 2025, under the symbol “FRD”. The Company's common stock will continue to trade on the NYSE American through market close on April 7, 2025.
Friedman Industries, Incorporated Announces Transfer to Nasdaq
Neutral
GlobeNewsWire
5 months ago
Friedman Industries, Incorporated Announces Cash Dividend
LONGVIEW, Texas, March 19, 2025 (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 March 19, 2025, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on May 23, 2025 to shareholders of record at the close of business on April 25, 2025. This dividend marks the Company's 213th consecutive quarterly cash dividend since becoming publicly traded in 1972.
Friedman Industries, Incorporated Announces Cash Dividend
Negative
Zacks Investment Research
6 months ago
FRD Stock Down Following Q3 Earnings and Revenue Decline, Backlog Up
Friedman Industries posts a third-quarter fiscal 2025 loss as revenue declines, but backlog grows and debt drops.
FRD Stock Down Following Q3 Earnings and Revenue Decline, Backlog Up
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