Friedman IndustriesFRD
FRD
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: 268
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
7% more funds holding
Funds holding: 41 [Q4 2024] → 44 (+3) [Q1 2025]
1.48% more ownership
Funds ownership: 46.06% [Q4 2024] → 47.54% (+1.48%) [Q1 2025]
1% more capital invested
Capital invested by funds: $49.2M [Q4 2024] → $49.4M (+$250K) [Q1 2025]
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
Research analyst outlook
We haven’t received any recent analyst ratings for FRD.
Financial journalist opinion
Neutral
GlobeNewsWire
2 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.
Neutral
GlobeNewsWire
2 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.
Negative
Zacks Investment Research
4 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.
Negative
Seeking Alpha
4 months ago
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 P/E ratio, making its valuation difficult to justify. Friedman cannot cover interest costs at current volumes, but has sufficient net working capital to avoid immediate financial issues.
Neutral
GlobeNewsWire
4 months ago
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.
Positive
Benzinga
5 months ago
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 on safe jurisdictions.
Neutral
GlobeNewsWire
6 months ago
Friedman Industries, Incorporated Announces Cash Dividend
LONGVIEW, Texas, Dec. 03, 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 December 3, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on February 14, 2025 to shareholders of record at the close of business on January 17, 2025. This dividend marks the Company's 212th consecutive quarterly cash dividend since becoming publicly traded in 1972.
Positive
Seeking Alpha
6 months ago
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 8% decline in 1H24 volumes compared to 1H25. Gross margins at 4.5% led to a small operational loss, indicating the company is not GAAP profitable at current volumes.
Negative
Zacks Investment Research
6 months ago
Friedman Stock Declines Post Q2 Earnings on Lower Sales, Demand
FRD faces declining sales and demand in second-quarter fiscal 2025, impacting its stock price.
Neutral
GlobeNewsWire
7 months ago
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, 2024.
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