FRD: Friedman Industries, Inc.
About
Friedman Industries, Inc. engages in the provision of manufacture and trade of steel products. It operates through the Coil and Tubular segments. The Coil segment produces and markets hot-rolled steel and coils. The Tubular segment focuses on the operation of two electric resistance welded pipe mills with a combined outside diameter. The company was founded by Mendel Friedman in 1965 and is headquartered in Longview, TX.
Current Value
$13.801 Year Return
Current Value
$13.801 Year Return
Key Details
Market Cap
$95.86M
P/E Ratio
12.1
1Y Stock Return
12.79%
1Y Revenue Growth
-7.30%
Dividend Yield
0.53%
Price to Book
0.7
Strategies that include FRD
Stock's related to FRD
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SEMR | <0.01% | $2.07B | +42.81% | 0.00% |
| AXGN | 0.01% | $561.11M | +113.93% | 0.00% |
| INSG | 0.05% | $157.28M | +540.25% | 0.00% |
| CNA | -0.05% | $13.16B | +23.03% | 3.61% |
| PLG | -0.05% | $173.19M | +67.33% | 0.00% |
| GHI | -0.10% | $272.26M | -27.60% | 12.75% |
| HUSA | 0.18% | $16.69M | -11.56% | 0.00% |
| AOMR | -0.20% | $220.30M | -5.07% | 17.13% |
| XPOF | 0.21% | $504.00M | +11.50% | 0.00% |
| GME | -0.22% | $11.76B | +119.68% | 0.00% |
| NBIX | -0.28% | $12.06B | +8.69% | 0.00% |
| LNTH | 0.28% | $5.52B | +16.60% | 0.00% |
| MNOV | 0.28% | $93.19M | +2.15% | 0.00% |
| BTCT | 0.30% | $42.61M | +353.33% | 0.00% |
| CB | 0.30% | $114.43B | +26.00% | 1.24% |
| CALX | 0.30% | $2.15B | -14.51% | 0.00% |
| LMAT | -0.31% | $2.33B | +94.89% | 0.46% |
| WES | -0.32% | $14.38B | +32.63% | 8.48% |
| LQDA | 0.33% | $859.91M | +53.94% | 0.00% |
| LPTX | -0.35% | $103.46M | +10.66% | 0.00% |
ETF's related to FRD
News
Yahoo
FRD faces declining sales and demand in second-quarter fiscal 2025, impacting its stock price.
Yahoo
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. September 30, 2024 Quarter Highlights: Sales of approximately $106.8 millionWorking capital balance at quarter-end of approximately $111.7 millionOperating cash flow of approximately $10.8 million during the quarterDebt reduced 22% during the quarter “We experienced challenging conditions during
Yahoo
Today's Research Daily features new research reports on 16 major stocks, including The Home Depot, Inc. (HD), The Southern Company (SO) and Infosys Ltd. (INFY), as well as two micro-cap stocks Kewaunee Scientific Corp. (KEQU) and Friedman Industries, Inc. (FRD).
Yahoo
LONGVIEW, Texas, Sept. 18, 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 September 18, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on November 15, 2024 to shareholders of record at the close of business on October 25, 2024. This dividend
Finnhub
The Board of Directors of Friedman Industries, Incorporated, declared on September 18, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash...
SeekingAlpha
Friedman's production volumes remain critical for long-term profitability, but 1Q25 production was disappointing. Read why FRD stock is not an opportunity now.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.