Friedman Industries

FRD

Market cap $138M

LONGVIEW, Texas, March 31, 2026 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NASDAQ/GS: FRD) a Texas-based company engaged in metals processing, pipe manufacturing, and metals distribution, declared on March 31, 2026, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on May 22, 2026 to shareholders of record at the close of business on April 24, 2026.

LONGVIEW, Texas, March 17, 2026 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) today announced plans to expand its facility located on Steel Dynamics' campus in Sinton, Texas. The expansion includes an increase in building size and new fabrication capabilities aimed at supporting customers' evolving processing needs.

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FRD swings to a profit in third-quarter fiscal 2026 as surging sales, stronger pricing and the Century acquisition lift results and set up expectations for firmer margins ahead.

LONGVIEW, Texas, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) announced today its results of operations for the quarter ended December 31, 2025. December 31, 2025 Quarter Highlights: Net earnings of $3.0 million Sales of $168.0 million; up 79% year-over-year Sales volume increased 36% year-over-year “We delivered strong year-over-year growth in sales and volumes during the third fiscal quarter, driven by improved capacity utilization, disciplined commercial execution, and the contribution from our Century acquisition,” said Michael Taylor, President and Chief Executive Officer.

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LONGVIEW, Texas, Dec. 16, 2025 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NASDAQ/GS: FRD) a Texas-based company engaged in metals processing, pipe manufacturing, and metals distribution, declared on December 16, 2025, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on February 13, 2026 to shareholders of record at the close of business on January 16, 2026.

FRD's upgrade to Outperform highlights synergy gains, capacity growth and a valuation still near book value.

FRD reports record second-quarter fiscal 2026 sales and stronger earnings driven by flat-roll growth and the Century Metals acquisition.

LONGVIEW, Texas, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) announced today its results of operations for the quarter ended September 30, 2025. September 30, 2025 Quarter Highlights: Net earnings of $2.2 million Sales of $152.4 million: up 43% year-over-year Highest sales volume in Company history: up 28% year-over-year and up 12% quarter-over-quarter Acquisition of Century Metals & Supplies on August 29, 2025 “This quarter marks a significant milestone for Friedman, as we achieved record sales volume driven by our focused efforts to improve capacity utilization across our operations,” said Michael J.