Friedman Industries（FRD）株式概要フリードマン・インダストリーズ社は、米国で鉄鋼製品の製造・加工を行っている。 詳細FRD ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績4/6財務の健全性3/6配当金0/6報酬株価収益率（ 12.9 x） US市場（ 19.1 x）を下回っています。過去1年間で収益は216.9%増加しました リスク分析過去5年間で収益は年間13.4%減少しました。 負債は営業キャッシュフローで十分にカバーされていない すべてのリスクチェックを見るFRD Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW498,766 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG498,766 investors already sharing narrativesYour Fair ValueUS$Current PriceUS$35.0024.3% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-5m1b2016201920222025202620282031Revenue US$1.4bEarnings US$41.7mAdvancedSet Fair ValueView all narrativesFriedman Industries, Incorporated 競合他社Webco IndustriesSymbol: OTCPK:WEBCMarket cap: US$222.7mMesabi TrustSymbol: NYSE:MSBMarket cap: US$330.1mHongli GroupSymbol: NasdaqCM:HLPMarket cap: US$86.7mLuda Technology GroupSymbol: NYSEAM:LUDMarket cap: US$100.5m価格と性能株価の高値、安値、推移の概要Friedman Industries過去の株価現在の株価US$35.0052週高値US$37.9752週安値US$14.51ベータ1.561ヶ月の変化0.81%3ヶ月変化83.15%1年変化120.54%3年間の変化150.00%5年間の変化189.98%IPOからの変化2,361.37%最新ニュースUpcoming Dividend • Jul 13Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 17 July 2026. Payment date: 07 August 2026. Payout ratio is a comfortable 5.8% and the cash payout ratio is 82%. Trailing yield: 0.5%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (1.6%).Seeking Alpha • Jul 09Friedman Is Riding The HRC Upcycle, But Is It Durable?Summary Friedman Industries delivered strong 2H26 results, driven by higher volumes and rising HRC prices, but I maintain a Hold rating. Recent profitability gains are largely cyclical, with inventory accounting amplifying benefits from rising HRC prices; current margins are not sustainable if prices flatten or decline. My valuation assumes normalized volumes of 700–800k tons and $900/ton HRC, yielding an earnings yield near 9%, which I find insufficient for the risk. FRD does not return cash to shareholders, so further upside depends solely on stock price appreciation amid a cyclical earnings peak. Read the full article on Seeking AlphaDeclared Dividend • Jun 29Fourth quarter dividend of US$0.04 announcedDividend of US$0.04 is the same as last year. Ex-date: 17th July 2026 Payment date: 7th August 2026 Dividend yield will be 0.5%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 82%.お知らせ • Jun 25Friedman Industries, Incorporated Announces Cash Dividend, Payable on August 7, 2026Friedman Industries, Incorporated declared on June 24, 2026, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 7, 2026 to shareholders of record at the close of business on July 17, 2026.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 42%After last week's 42% share price gain to US$37.42, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 18x in the Metals and Mining industry in the US. Total returns to shareholders of 289% over the past three years.New Risk • Jun 12New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.9% operating cash flow to total debt). Earnings have declined by 13% per year over the past 5 years.最新情報をもっと見るRecent updatesUpcoming Dividend • Jul 13Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 17 July 2026. Payment date: 07 August 2026. Payout ratio is a comfortable 5.8% and the cash payout ratio is 82%. Trailing yield: 0.5%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (1.6%).Seeking Alpha • Jul 09Friedman Is Riding The HRC Upcycle, But Is It Durable?Summary Friedman Industries delivered strong 2H26 results, driven by higher volumes and rising HRC prices, but I maintain a Hold rating. Recent profitability gains are largely cyclical, with inventory accounting amplifying benefits from rising HRC prices; current margins are not sustainable if prices flatten or decline. My valuation assumes normalized volumes of 700–800k tons and $900/ton HRC, yielding an earnings yield near 9%, which I find insufficient for the risk. FRD does not return cash to shareholders, so further upside depends solely on stock price appreciation amid a cyclical earnings peak. Read the full article on Seeking AlphaDeclared Dividend • Jun 29Fourth quarter dividend of US$0.04 announcedDividend of US$0.04 is the same as last year. Ex-date: 17th July 2026 Payment date: 7th August 2026 Dividend yield will be 0.5%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 82%.お知らせ • Jun 25Friedman Industries, Incorporated Announces Cash Dividend, Payable on August 7, 2026Friedman Industries, Incorporated declared on June 24, 2026, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 7, 2026 to shareholders of record at the close of business on July 17, 2026.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 42%After last week's 42% share price gain to US$37.42, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 18x in the Metals and Mining industry in the US. Total returns to shareholders of 289% over the past three years.New Risk • Jun 12New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.9% operating cash flow to total debt). Earnings have declined by 13% per year over the past 5 years.Reported Earnings • Jun 12Full year 2026 earnings released: EPS: US$2.76 (vs US$0.87 in FY 2025)Full year 2026 results: EPS: US$2.76 (up from US$0.87 in FY 2025). Revenue: US$646.9m (up 46% from FY 2025). Net income: US$19.5m (up 222% from FY 2025). Profit margin: 3.0% (up from 1.4% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$23.69, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 19x in the Metals and Mining industry in the US. Total returns to shareholders of 154% over the past three years.Upcoming Dividend • Apr 20Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 24 April 2026. Payment date: 22 May 2026. Payout ratio is a comfortable 7.2% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (1.4%).Declared Dividend • Apr 05Third quarter dividend of US$0.04 announcedDividend of US$0.04 is the same as last year. Ex-date: 24th April 2026 Payment date: 22nd May 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (7% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 92% to shift the payout ratio to a potentially unsustainable range, which is more than the 12% EPS decline seen over the last 5 years.お知らせ • Apr 01Friedman Industries, Incorporated Declares Cash Dividend, Payable on May 22, 2026The Board of Directors of Friedman Industries, Incorporated, 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.Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: US$0.43 (vs US$0.17 loss in 3Q 2025)Third quarter 2026 results: EPS: US$0.43 (up from US$0.17 loss in 3Q 2025). Revenue: US$168.0m (up 79% from 3Q 2025). Net income: US$2.99m (up US$4.14m from 3Q 2025). Profit margin: 1.8% (up from net loss in 3Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.お知らせ • Feb 10Friedman Industries, Incorporated Provides Earnings Guidance for the Fourth Quarter 2026Friedman Industries, Incorporated provided earnings guidance for the fourth quarter 2026. For the quarter, the company expects sales volumes to remain generally consistent with third quarter levels. Management anticipates sequential improvement in sales margins driven by increases in average selling prices as it enter the fourth quarter.Upcoming Dividend • Jan 09Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 16 January 2026. Payment date: 13 February 2026. Payout ratio is a comfortable 9.8% but the company is paying out more than the cash it is generating. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.4%).分析記事 • Dec 20Friedman Industries (NASDAQ:FRD) Has Announced A Dividend Of $0.04Friedman Industries, Incorporated ( NASDAQ:FRD ) will pay a dividend of $0.04 on the 13th of February. This means the...Declared Dividend • Dec 19Second quarter dividend of US$0.04 announcedDividend of US$0.04 is the same as last year. Ex-date: 16th January 2026 Payment date: 13th February 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (10% earnings payout ratio) but not covered by cash flows (253% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 89% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.3% EPS decline seen over the last 5 years.お知らせ • Dec 17Friedman Industries, Incorporated Announces Cash Dividend, Payable on February 13, 2026The Board of Directors of Friedman Industries, Incorporated, 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.分析記事 • Dec 16Market Still Lacking Some Conviction On Friedman Industries, Incorporated (NASDAQ:FRD)With a price-to-earnings (or "P/E") ratio of 13.3x Friedman Industries, Incorporated ( NASDAQ:FRD ) may be sending...Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$21.20, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 25x in the Metals and Mining industry in the US. Total returns to shareholders of 117% over the past three years.New Risk • Nov 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.8% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: US$0.32 (vs US$0.097 loss in 2Q 2025)Second quarter 2026 results: EPS: US$0.32 (up from US$0.097 loss in 2Q 2025). Revenue: US$152.4m (up 43% from 2Q 2025). Net income: US$2.24m (up US$2.92m from 2Q 2025). Profit margin: 1.5% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.お知らせ • Nov 11Friedman Industries, Incorporated Provides Earnings Guidance for the Third Quarter of Fiscal 2026Friedman Industries, Incorporated provided earnings guidance for the third quarter of fiscal 2026. The company anticipates that third quarter fiscal 2026 sales volume will remain consistent with second quarter levels, as the additional volume from the Century Metals & Supplies acquisition is expected to offset the anticipated holiday-related slowdown during the quarter. Margins are expected to improve modestly quarter over quarter, driven by anticipated increases in metals pricing during the third quarter.分析記事 • Oct 18Friedman Industries (NASDAQ:FRD) Has Announced A Dividend Of $0.04The board of Friedman Industries, Incorporated ( NASDAQ:FRD ) has announced that it will pay a dividend on the 14th of...Upcoming Dividend • Oct 18Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 24 October 2025. Payment date: 14 November 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (1.6%).分析記事 • Sep 23Friedman Industries' (NASDAQ:FRD) Dividend Will Be $0.04The board of Friedman Industries, Incorporated ( NASDAQ:FRD ) has announced that it will pay a dividend on the 14th of...Declared Dividend • Sep 22First quarter dividend of US$0.04 announcedDividend of US$0.04 is the same as last year. Ex-date: 24th October 2025 Payment date: 14th November 2025 Dividend yield will be 0.7%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 13%. Cash payout ratio: 10%.お知らせ • Sep 19Friedman Industries, Incorporated Announces Cash Dividend, Payable on November 14, 2025The Board of Directors of Friedman Industries, Incorporated declared on September 18, 2025, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on November 14, 2025 to shareholders of record at the close of business on October 24, 2025.分析記事 • Sep 03There's Reason For Concern Over Friedman Industries, Incorporated's (NASDAQ:FRD) Massive 46% Price JumpFriedman Industries, Incorporated ( NASDAQ:FRD ) shares have had a really impressive month, gaining 46% after a shaky...お知らせ • Sep 03Friedman Industries, Incorporated (NasdaqGS:FRD) acquired Century Metals & Supplies, Inc.Friedman Industries, Incorporated (NasdaqGS:FRD) acquired Century Metals & Supplies, Inc. on September 2, 2025. The operations will continue as Century Metals and Supplies LLC, a wholly owned subsidiary of Friedman. Montrose Advisors, LLC acted as financial advisor for Friedman Industries, Incorporated. Fulbright & Jaworski, LLP acted as legal advisor for Friedman Industries, Incorporated. Friedman Industries, Incorporated (NasdaqGS:FRD) completed the acquisition of Century Metals & Supplies, Inc. on September 2, 2025.Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$21.85, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 23x in the Metals and Mining industry in the US. Total returns to shareholders of 149% over the past three years.Reported Earnings • Aug 10First quarter 2026 earnings released: EPS: US$0.71 (vs US$0.37 in 1Q 2025)First quarter 2026 results: EPS: US$0.71 (up from US$0.37 in 1Q 2025). Revenue: US$134.8m (up 18% from 1Q 2025). Net income: US$5.03m (up 97% from 1Q 2025). Profit margin: 3.7% (up from 2.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • Aug 08Friedman Industries, Incorporated Provides Earnings Guidance for Second Quarter of Fiscal 2026Friedman Industries, Incorporated provided earnings guidance for the second quarter of fiscal 2026. For the period, the Company expects sales volume to be slightly higher than the sales volume for the first fiscal quarter as the Company progresses on its efforts to increase the capacity utilization of its facilities. HRC prices softened at the end of the first quarter and the start of the second quarter. As a result, the Company expects lower margins for the second quarter of fiscal 2026 compared to the first quarter.お知らせ • Jul 18Friedman Industries, Incorporated, Annual General Meeting, Sep 18, 2025Friedman Industries, Incorporated, Annual General Meeting, Sep 18, 2025. Location: offices of norton rose fulbright us llp, 1550 lamar, suite 2000, texas 77010., houston United Statesお知らせ • Jul 14Friedman Industries Appoints Gaurav Chhibbar as Chief Operating Officer, Effective July 10, 2025Friedman Industries, Incorporated announced 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. Gaurav has built extensive experience through meaningful roles at Boston Consulting Group Inc., and prior to that, at Metal Edge Partners LLC and Cargill Inc. At Boston Consulting Group, he supported and led numerous efforts for clients across various sectors, including financial sponsors, private equity, family-owned, and Fortune 100 firms. His expertise in operations excellence and strategic management has been instrumental in driving growth and innovation. Gaurav holds a Master of Business Administration from The University of Chicago Booth School of Business, with concentrations in Analytic Finance, Strategic Management, and Entrepreneurship. He also holds a Master of International Business from the Indian Institute of Foreign Trade and a Bachelor of Engineering from Panjab University.Declared Dividend • Jul 02Fourth quarter dividend of US$0.04 announcedDividend of US$0.04 is the same as last year. Ex-date: 18th July 2025 Payment date: 8th August 2025 Dividend yield will be 1.0%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Mike Hanson was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jun 30+ 1 more updateFriedman Industries, Incorporated(NasdaqGS:FRD) dropped from Russell 3000E Growth IndexFriedman Industries, Incorporated(NasdaqGS:FRD) dropped from Russell 3000E Growth Indexお知らせ • Jun 26Friedman Industries, Incorporated Announces Cash Dividend, Payable on August 8, 2025The Board of Directors of Friedman Industries, Incorporated 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.Reported Earnings • Jun 13Full year 2025 earnings released: EPS: US$0.87 (vs US$2.39 in FY 2024)Full year 2025 results: EPS: US$0.87 (down from US$2.39 in FY 2024). Revenue: US$444.6m (down 14% from FY 2024). Net income: US$6.09m (down 65% from FY 2024). Profit margin: 1.4% (down from 3.3% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.分析記事 • May 04Subdued Growth No Barrier To Friedman Industries, Incorporated (NASDAQ:FRD) With Shares Advancing 27%Friedman Industries, Incorporated ( NASDAQ:FRD ) shareholders would be excited to see that the share price has had a...Upcoming Dividend • Apr 19Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 25 April 2025. Payment date: 23 May 2025. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of American dividend payers (5.0%). Lower than average of industry peers (2.0%).Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$16.09, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 21x in the Metals and Mining industry in the US. Total returns to shareholders of 85% over the past three years.分析記事 • Apr 12We Think Friedman Industries (NASDAQ:FRD) Is Taking Some Risk With Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Risk • Apr 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$96.4m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (US$96.4m market cap).Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$14.60, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 24x in the Metals and Mining industry in the US. Total returns to shareholders of 68% over the past three years.Declared Dividend • Mar 23Third quarter dividend of US$0.04 announcedDividend of US$0.04 is the same as last year. Ex-date: 25th April 2025 Payment date: 23rd May 2025 Dividend yield will be 0.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Mar 20Friedman Industries, Incorporated Announces Cash Dividend, Payable on May 23, 2025The Board of Directors of Friedman Industries, Incorporated, 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.Reported Earnings • Feb 09Third quarter 2025 earnings released: US$0.17 loss per share (vs US$0.16 profit in 3Q 2024)Third quarter 2025 results: US$0.17 loss per share (down from US$0.16 profit in 3Q 2024). Revenue: US$94.1m (down 19% from 3Q 2024). Net loss: US$1.15m (down 198% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$16.06, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 19x in the Metals and Mining industry in the US. Total returns to shareholders of 76% over the past three years.New Risk • Jan 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$97.3m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (US$97.3m market cap).Upcoming Dividend • Jan 10Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 17 January 2025. Payment date: 14 February 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.1%).Declared Dividend • Dec 06Second quarter dividend of US$0.04 announcedShareholders will receive a dividend of US$0.04. Ex-date: 17th January 2025 Payment date: 14th February 2025 Dividend yield will be 0.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (4% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Dec 04Friedman Industries, Incorporated Announces Cash Dividend, Payable on February 14, 2025The Board of Directors of Friedman Industries, Incorporated 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.New Risk • Nov 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.7% Last year net profit margin: 3.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (US$98.6m market cap).Reported Earnings • Nov 14Second quarter 2025 earnings released: US$0.10 loss per share (vs US$0.48 profit in 2Q 2024)Second quarter 2025 results: US$0.10 loss per share (down from US$0.48 profit in 2Q 2024). Revenue: US$106.8m (down 18% from 2Q 2024). Net loss: US$675.0k (down 119% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Nov 13Friedman Industries, Incorporated Provides Sales Guidance for the Third Quarter of Fiscal 2025Friedman Industries, Incorporated provided sales guidance for the third quarter of fiscal 2025. For the quarter, company expects sales volume for its third quarter of fiscal 2025 to be slightly lower than the second quarter volume due primarily to the seasonal impact of the holidays.New Risk • Oct 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$98.3m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.Upcoming Dividend • Oct 18Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 25 October 2024. Payment date: 15 November 2024. Payout ratio is a comfortable 7.0% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.7%).Declared Dividend • Sep 22First quarter dividend of US$0.04 announcedShareholders will receive a dividend of US$0.04. Ex-date: 25th October 2024 Payment date: 15th November 2024 Dividend yield will be 0.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (7% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 48% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Sep 19Friedman Industries, Incorporated Announces Cash Dividend, Payable on November 15, 2024The 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 dividend on November 15, 2024 to shareholders of record at the close of business on October 25, 2024.New Risk • Sep 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$97.8m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: US$0.37 (vs US$1.04 in 1Q 2024)First quarter 2025 results: EPS: US$0.37 (down from US$1.04 in 1Q 2024). Revenue: US$114.6m (down 17% from 1Q 2024). Net income: US$2.57m (down 66% from 1Q 2024). Profit margin: 2.2% (down from 5.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Aug 09Friedman Industries, Incorporated Provides Sales Guidance for the Second Quarter of Fiscal 2025Friedman Industries, Incorporated provided sales guidance for the second quarter of fiscal 2025. The company expects sales volume for its second quarter of fiscal 2025 to be similar to the sales volume for the first quarter.Upcoming Dividend • Jul 19Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 26 July 2024. Payment date: 16 August 2024. Payout ratio is a comfortable 4.2% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.0%).お知らせ • Jul 17Friedman Industries, Incorporated, Annual General Meeting, Sep 18, 2024Friedman Industries, Incorporated, Annual General Meeting, Sep 18, 2024. Location: norton rose fulbright us llp, 1550 lamar, suite 2000,texas 77010, houston United StatesValuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 31%After last week's 31% share price gain to US$18.29, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 14x in the Metals and Mining industry in the US. Total returns to shareholders of 55% over the past three years.Recent Insider Transactions • Jul 07Chairman of the Board recently bought US$73k worth of stockOn the 2nd of July, Michael Taylor bought around 5k shares on-market at roughly US$14.50 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$164k. Michael has been a buyer over the last 12 months, purchasing a net total of US$387k worth in shares.Declared Dividend • Jun 30Fourth quarter dividend of US$0.04 announcedShareholders will receive a dividend of US$0.04. Ex-date: 26th July 2024 Payment date: 16th August 2024 Dividend yield will be 0.8%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (4% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jun 27Friedman Industries, Incorporated Announces Cash Dividend, Payable on August 16, 2024The Board of Directors of Friedman Industries, Incorporated declared on June 26, 2024, a cash dividend of $0.04 per share on the Common Stockof 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.Recent Insider Transactions • Jun 18Chairman of the Board recently bought US$164k worth of stockOn the 17th of June, Michael Taylor bought around 10k shares on-market at roughly US$16.44 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Michael has been a buyer over the last 12 months, purchasing a net total of US$315k worth in shares.Reported Earnings • Jun 13Full year 2024 earnings released: EPS: US$2.39 (vs US$2.91 in FY 2023)Full year 2024 results: EPS: US$2.39 (down from US$2.91 in FY 2023). Revenue: US$516.3m (down 5.7% from FY 2023). Net income: US$17.3m (down 18% from FY 2023). Profit margin: 3.4% (down from 3.8% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • Jun 13Friedman Industries, Incorporated Provides Earnings Guidance for the Year 2025Friedman Industries, Incorporated provided earnings guidance for the year 2025. The Company expects sales volume for its first quarter of fiscal 2025 to be similar to the sales volume for the fourth quarter of fiscal 2024 despite the first quarter having half a month of planned downtime for new equipment installation at Decatur facility and Sinton facility having a week of planned maintenance downtime.Upcoming Dividend • Apr 19Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 25 April 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 3.1% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.9%). Lower than average of industry peers (2.1%).Declared Dividend • Mar 25Third quarter dividend increased to US$0.04Dividend of US$0.04 is 100% higher than last year. Ex-date: 25th April 2024 Payment date: 24th May 2024 Dividend yield will be 0.6%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 3%. Cash payout ratio: 7%.お知らせ • Mar 22Friedman Industries, Incorporated Increases Cash Dividend, Payable on May 24, 2024The Board of Directors of Friedman Industries, Incorporated declared on March 20, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on May 24, 2024 to shareholders of record at the close of business on April 26, 2024.Reported Earnings • Feb 15Third quarter 2024 earnings released: EPS: US$0.16 (vs US$0.19 in 3Q 2023)Third quarter 2024 results: EPS: US$0.16 (down from US$0.19 in 3Q 2023). Revenue: US$116.0m (up 3.7% from 3Q 2023). Net income: US$1.18m (down 13% from 3Q 2023). Profit margin: 1.0% (down from 1.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 15Friedman Industries, Incorporated Provides Sales Guidance for the Fourth Quarter of Fiscal 2024Friedman Industries, Incorporated provided sales guidance for the Fourth quarter of fiscal 2024. For the quarter, company expected Sales volume to be slightly higher than the third quarter volume.Upcoming Dividend • Jan 11Upcoming dividend of US$0.02 per share at 0.5% yieldEligible shareholders must have bought the stock before 18 January 2024. Payment date: 16 February 2024. Payout ratio is a comfortable 3.1% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.6%).Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to US$15.68, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 17x in the Metals and Mining industry in the US. Total returns to shareholders of 133% over the past three years.New Risk • Nov 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (27% accrual ratio). Minor Risk Market cap is less than US$100m (US$93.4m market cap).Reported Earnings • Nov 17Second quarter 2024 earnings released: EPS: US$0.48 (vs US$0.34 in 2Q 2023)Second quarter 2024 results: EPS: US$0.48 (up from US$0.34 in 2Q 2023). Revenue: US$130.7m (down 13% from 2Q 2023). Net income: US$3.51m (up 45% from 2Q 2023). Profit margin: 2.7% (up from 1.6% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$12.85, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 15x in the Metals and Mining industry in the US. Total returns to shareholders of 122% over the past three years.Valuation Update With 7 Day Price Move • Oct 24Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$10.28, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 12x in the Metals and Mining industry in the US. Total returns to shareholders of 83% over the past three years.Upcoming Dividend • Oct 12Upcoming dividend of US$0.02 per share at 0.6% yieldEligible shareholders must have bought the stock before 19 October 2023. Payment date: 10 November 2023. Payout ratio is a comfortable 3.3% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of American dividend payers (5.1%). Lower than average of industry peers (2.7%).お知らせ • Aug 17Friedman Industries, Incorporated Provides Earnings Guidance for the Year 2024Friedman Industries, Incorporated provided earnings guidance for the second quarter of the year 2024. For the quarter, the company expected steady demand for its second quarter of fiscal 2024 with sales volume expected to be approximately the same as the first quarter.お知らせ • Jul 29Friedman Industries, Incorporated, Annual General Meeting, Sep 13, 2023Friedman Industries, Incorporated, Annual General Meeting, Sep 13, 2023, at 09:00 Central Standard Time. Location: Norton Rose Fulbright US LLP, 1301 McKinney, Suite 5100 Houston Texas United States Agenda: To consider election of directors; to consider advisory (non-binding) vote on executive compensation; to consider ratification of selection of independent registered public accounting firm; and to consider other business.お知らせ • Jun 30+ 1 more updateFriedman Industries, Incorporated announced delayed annual 10-K filingOn 06/29/2023, Friedman Industries, Incorporated announced that they will be unable to file their next 10-K by the deadline required by the SEC.お知らせ • Jun 21Friedman Industries, Incorporated Announces Quarterly Cash Dividend, Payable August 11, 2023The Board of Directors of Friedman Industries, Incorporated, declared on June 20, 2023, a cash dividend of $0.02 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 11, 2023 to shareholders of record at the close of business on July 21, 2023. This dividend marks the Company’s 206th consecutive quarterly cash dividend with the Company having paid a cash dividend every quarter since becoming publicly traded in 1972.Upcoming Dividend • Apr 20Upcoming dividend of US$0.02 per share at 0.7% yieldEligible shareholders must have bought the stock before 27 April 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 7.3% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of American dividend payers (4.9%). Lower than average of industry peers (2.4%).Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: US$0.19 (vs US$0.45 loss in 3Q 2022)Third quarter 2023 results: EPS: US$0.19 (up from US$0.45 loss in 3Q 2022). Revenue: US$111.9m (up 117% from 3Q 2022). Net income: US$1.36m (up US$4.33m from 3Q 2022). Profit margin: 1.2% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 10Friedman Industries, Incorporated Provides Sales Guidance for the Fourth Quarter of Fiscal 2023Friedman Industries, Incorporated provided sales guidance for the fourth quarter of fiscal 2023. The Company expects sales volume of approximately 115,000 tons to 125,000 tons for its fourth quarter of fiscal 2023.お知らせ • Dec 07Friedman Industries, Incorporated Declares Cash Dividend on the Common Stock, Payable on February 10, 2023Friedman Industries, Incorporated declared on December 5, 2022, a cash dividend of $0.02 per share on the Common Stock of the Company. The Company will pay the cash dividend on February 10, 2023 to shareholders of record at the close of business on January 13, 2023.お知らせ • Dec 03Friedman Industries, Incorporated Provides Sales Guidance for the Third Quarter of Fiscal Year 2023Friedman Industries, Incorporated provided sales guidance for the third quarter of fiscal year 2023. For the quarter, the company expected sales volume of approximately 105,000 tons. The third quarter volume expectation is slightly lower than the second quarter volume due primarily to the impact of holidays during the third quarter of fiscal 2023.お知らせ • Nov 23Friedman Industries Receives a Written Notice from the Regulation Staff of NYSEOn November 15, 2022, Friedman Industries, Incorporated received a written notice ("the Notice") from the Regulation staff of NYSE American LLC ("NYSE") stating that the Company is not in compliance with the NYSE listing requirements because it has not timely filed the Form 10-Q with the SEC. The Notice has no immediate effect on the listing or trading of the Company's securities. However, if the Company fails to timely regain compliance with the listing requirements, the Company's securities will be subject to delisting from NYSE. Under NYSE rules, the NYSE will monitor the Company and the status of the delinquent 10-Q and any subsequent delayed filings during the six-month period from the date of the filing delinquency until the filing delinquency is cured. If the Company fails to cure the filing delinquency within that six-month period, the NYSE may, in its sole discretion, allow an additional six month period to cure. However, the NYSE may in its sole discretion immediately commence suspension and delisting procedures if the Company is subject to delisting pursuant to any other rules of NYSE or the NYSE determines that continued listing is inadvisable or unwarranted under Sections 1001-1006 of the NYSE rules. The NYSE will make a late filer .LF" indicator available on the consolidated tape.お知らせ • Nov 10Friedman Industries, Incorporated announced delayed 10-Q filingOn 11/09/2022, Friedman Industries, Incorporated announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Oct 13Friedman Industries, Incorporated Provides Earnings Guidance for the Second Quarter of Fiscal Year 2023Friedman Industries, Incorporated provided earnings guidance for the second quarter of fiscal year 2023. For the period, the company expects sales of approximately $150 million on approximately 115,000 tons sold for its second quarter of fiscal 2023.株主還元FRDUS Metals and MiningUS 市場7D8.1%1.9%0.2%1Y120.5%54.0%19.6%株主還元を見る業界別リターン: FRD過去 1 年間で54 % の収益を上げたUS Metals and Mining業界を上回りました。リターン対市場: FRD過去 1 年間で19.6 % の収益を上げたUS市場を上回りました。価格変動Is FRD's price volatile compared to industry and market?FRD volatilityFRD Average Weekly Movement11.0%Metals and Mining Industry Average Movement9.3%Market Average Movement7.2%10% most volatile stocks in US Market16.6%10% least volatile stocks in US Market3.2%安定した株価: FRD 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: FRDの 週次ボラティリティ ( 11% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1965381Mike Taylorfriedmanindustries.comフリードマン・インダストリーズ社は、米国において鉄鋼製品の製造および加工事業を展開しています。同社の事業は、「フラットロール製品」と「管製品」の2つのセグメントで構成されています。 「平鋼製品」セグメントは、熱間圧延コイル加工施設を運営し、コイルをシートやプレートに切断するほか、顧客所有のコイルに対して有償で加工および保管サービスを提供している。「管製品」セグメントは、ラインパイプや石油・ガス用パイプ、ならびに構造用パイプを製造している。 同社は、金属卸売業者や、金属建築物、鉄道車両、重機、タンクおよびコンテナ、トレーラー、構成部品、その他の金属加工製品などを製造する顧客にサービスを提供している。フリードマン・インダストリーズ社は1965年に設立され、テキサス州ロングビューに本社を置いている。もっと見るFriedman Industries, Incorporated 基礎のまとめFriedman Industries の収益と売上を時価総額と比較するとどうか。FRD 基礎統計学時価総額US$245.28m収益（TTM）US$19.22m売上高(TTM)US$646.91m12.9xPER（株価収益率0.4xP/SレシオFRD は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計FRD 損益計算書（TTM）収益US$646.91m売上原価US$560.42m売上総利益US$86.50mその他の費用US$67.28m収益US$19.22m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）2.70グロス・マージン13.37%純利益率2.97%有利子負債／自己資本比率63.4%FRD の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.5%現在の配当利回り6%配当性向FRD 配当は確実ですか？FRD 配当履歴とベンチマークを見るFRD 、いつまでに購入すれば配当金を受け取れますか？Friedman Industries 配当日配当落ち日Jul 17 2026配当支払日Aug 07 2026配当落ちまでの日数1 day配当支払日までの日数22 daysFRD 配当は確実ですか？FRD 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/14 17:33終値2026/07/14 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Friedman Industries, Incorporated 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Upcoming Dividend • Jul 13Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 17 July 2026. Payment date: 07 August 2026. Payout ratio is a comfortable 5.8% and the cash payout ratio is 82%. Trailing yield: 0.5%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (1.6%).
Seeking Alpha • Jul 09Friedman Is Riding The HRC Upcycle, But Is It Durable?Summary Friedman Industries delivered strong 2H26 results, driven by higher volumes and rising HRC prices, but I maintain a Hold rating. Recent profitability gains are largely cyclical, with inventory accounting amplifying benefits from rising HRC prices; current margins are not sustainable if prices flatten or decline. My valuation assumes normalized volumes of 700–800k tons and $900/ton HRC, yielding an earnings yield near 9%, which I find insufficient for the risk. FRD does not return cash to shareholders, so further upside depends solely on stock price appreciation amid a cyclical earnings peak. Read the full article on Seeking Alpha
Declared Dividend • Jun 29Fourth quarter dividend of US$0.04 announcedDividend of US$0.04 is the same as last year. Ex-date: 17th July 2026 Payment date: 7th August 2026 Dividend yield will be 0.5%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 82%.
お知らせ • Jun 25Friedman Industries, Incorporated Announces Cash Dividend, Payable on August 7, 2026Friedman Industries, Incorporated declared on June 24, 2026, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 7, 2026 to shareholders of record at the close of business on July 17, 2026.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 42%After last week's 42% share price gain to US$37.42, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 18x in the Metals and Mining industry in the US. Total returns to shareholders of 289% over the past three years.
New Risk • Jun 12New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.9% operating cash flow to total debt). Earnings have declined by 13% per year over the past 5 years.
Upcoming Dividend • Jul 13Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 17 July 2026. Payment date: 07 August 2026. Payout ratio is a comfortable 5.8% and the cash payout ratio is 82%. Trailing yield: 0.5%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (1.6%).
Seeking Alpha • Jul 09Friedman Is Riding The HRC Upcycle, But Is It Durable?Summary Friedman Industries delivered strong 2H26 results, driven by higher volumes and rising HRC prices, but I maintain a Hold rating. Recent profitability gains are largely cyclical, with inventory accounting amplifying benefits from rising HRC prices; current margins are not sustainable if prices flatten or decline. My valuation assumes normalized volumes of 700–800k tons and $900/ton HRC, yielding an earnings yield near 9%, which I find insufficient for the risk. FRD does not return cash to shareholders, so further upside depends solely on stock price appreciation amid a cyclical earnings peak. Read the full article on Seeking Alpha
Declared Dividend • Jun 29Fourth quarter dividend of US$0.04 announcedDividend of US$0.04 is the same as last year. Ex-date: 17th July 2026 Payment date: 7th August 2026 Dividend yield will be 0.5%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 82%.
お知らせ • Jun 25Friedman Industries, Incorporated Announces Cash Dividend, Payable on August 7, 2026Friedman Industries, Incorporated declared on June 24, 2026, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 7, 2026 to shareholders of record at the close of business on July 17, 2026.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 42%After last week's 42% share price gain to US$37.42, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 18x in the Metals and Mining industry in the US. Total returns to shareholders of 289% over the past three years.
New Risk • Jun 12New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.9% operating cash flow to total debt). Earnings have declined by 13% per year over the past 5 years.
Reported Earnings • Jun 12Full year 2026 earnings released: EPS: US$2.76 (vs US$0.87 in FY 2025)Full year 2026 results: EPS: US$2.76 (up from US$0.87 in FY 2025). Revenue: US$646.9m (up 46% from FY 2025). Net income: US$19.5m (up 222% from FY 2025). Profit margin: 3.0% (up from 1.4% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$23.69, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 19x in the Metals and Mining industry in the US. Total returns to shareholders of 154% over the past three years.
Upcoming Dividend • Apr 20Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 24 April 2026. Payment date: 22 May 2026. Payout ratio is a comfortable 7.2% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (1.4%).
Declared Dividend • Apr 05Third quarter dividend of US$0.04 announcedDividend of US$0.04 is the same as last year. Ex-date: 24th April 2026 Payment date: 22nd May 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (7% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 92% to shift the payout ratio to a potentially unsustainable range, which is more than the 12% EPS decline seen over the last 5 years.
お知らせ • Apr 01Friedman Industries, Incorporated Declares Cash Dividend, Payable on May 22, 2026The Board of Directors of Friedman Industries, Incorporated, 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.
Reported Earnings • Feb 10Third quarter 2026 earnings released: EPS: US$0.43 (vs US$0.17 loss in 3Q 2025)Third quarter 2026 results: EPS: US$0.43 (up from US$0.17 loss in 3Q 2025). Revenue: US$168.0m (up 79% from 3Q 2025). Net income: US$2.99m (up US$4.14m from 3Q 2025). Profit margin: 1.8% (up from net loss in 3Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
お知らせ • Feb 10Friedman Industries, Incorporated Provides Earnings Guidance for the Fourth Quarter 2026Friedman Industries, Incorporated provided earnings guidance for the fourth quarter 2026. For the quarter, the company expects sales volumes to remain generally consistent with third quarter levels. Management anticipates sequential improvement in sales margins driven by increases in average selling prices as it enter the fourth quarter.
Upcoming Dividend • Jan 09Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 16 January 2026. Payment date: 13 February 2026. Payout ratio is a comfortable 9.8% but the company is paying out more than the cash it is generating. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.4%).
分析記事 • Dec 20Friedman Industries (NASDAQ:FRD) Has Announced A Dividend Of $0.04Friedman Industries, Incorporated ( NASDAQ:FRD ) will pay a dividend of $0.04 on the 13th of February. This means the...
Declared Dividend • Dec 19Second quarter dividend of US$0.04 announcedDividend of US$0.04 is the same as last year. Ex-date: 16th January 2026 Payment date: 13th February 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (10% earnings payout ratio) but not covered by cash flows (253% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 89% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.3% EPS decline seen over the last 5 years.
お知らせ • Dec 17Friedman Industries, Incorporated Announces Cash Dividend, Payable on February 13, 2026The Board of Directors of Friedman Industries, Incorporated, 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.
分析記事 • Dec 16Market Still Lacking Some Conviction On Friedman Industries, Incorporated (NASDAQ:FRD)With a price-to-earnings (or "P/E") ratio of 13.3x Friedman Industries, Incorporated ( NASDAQ:FRD ) may be sending...
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$21.20, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 25x in the Metals and Mining industry in the US. Total returns to shareholders of 117% over the past three years.
New Risk • Nov 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.8% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: US$0.32 (vs US$0.097 loss in 2Q 2025)Second quarter 2026 results: EPS: US$0.32 (up from US$0.097 loss in 2Q 2025). Revenue: US$152.4m (up 43% from 2Q 2025). Net income: US$2.24m (up US$2.92m from 2Q 2025). Profit margin: 1.5% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
お知らせ • Nov 11Friedman Industries, Incorporated Provides Earnings Guidance for the Third Quarter of Fiscal 2026Friedman Industries, Incorporated provided earnings guidance for the third quarter of fiscal 2026. The company anticipates that third quarter fiscal 2026 sales volume will remain consistent with second quarter levels, as the additional volume from the Century Metals & Supplies acquisition is expected to offset the anticipated holiday-related slowdown during the quarter. Margins are expected to improve modestly quarter over quarter, driven by anticipated increases in metals pricing during the third quarter.
分析記事 • Oct 18Friedman Industries (NASDAQ:FRD) Has Announced A Dividend Of $0.04The board of Friedman Industries, Incorporated ( NASDAQ:FRD ) has announced that it will pay a dividend on the 14th of...
Upcoming Dividend • Oct 18Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 24 October 2025. Payment date: 14 November 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (1.6%).
分析記事 • Sep 23Friedman Industries' (NASDAQ:FRD) Dividend Will Be $0.04The board of Friedman Industries, Incorporated ( NASDAQ:FRD ) has announced that it will pay a dividend on the 14th of...
Declared Dividend • Sep 22First quarter dividend of US$0.04 announcedDividend of US$0.04 is the same as last year. Ex-date: 24th October 2025 Payment date: 14th November 2025 Dividend yield will be 0.7%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 13%. Cash payout ratio: 10%.
お知らせ • Sep 19Friedman Industries, Incorporated Announces Cash Dividend, Payable on November 14, 2025The Board of Directors of Friedman Industries, Incorporated declared on September 18, 2025, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on November 14, 2025 to shareholders of record at the close of business on October 24, 2025.
分析記事 • Sep 03There's Reason For Concern Over Friedman Industries, Incorporated's (NASDAQ:FRD) Massive 46% Price JumpFriedman Industries, Incorporated ( NASDAQ:FRD ) shares have had a really impressive month, gaining 46% after a shaky...
お知らせ • Sep 03Friedman Industries, Incorporated (NasdaqGS:FRD) acquired Century Metals & Supplies, Inc.Friedman Industries, Incorporated (NasdaqGS:FRD) acquired Century Metals & Supplies, Inc. on September 2, 2025. The operations will continue as Century Metals and Supplies LLC, a wholly owned subsidiary of Friedman. Montrose Advisors, LLC acted as financial advisor for Friedman Industries, Incorporated. Fulbright & Jaworski, LLP acted as legal advisor for Friedman Industries, Incorporated. Friedman Industries, Incorporated (NasdaqGS:FRD) completed the acquisition of Century Metals & Supplies, Inc. on September 2, 2025.
Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$21.85, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 23x in the Metals and Mining industry in the US. Total returns to shareholders of 149% over the past three years.
Reported Earnings • Aug 10First quarter 2026 earnings released: EPS: US$0.71 (vs US$0.37 in 1Q 2025)First quarter 2026 results: EPS: US$0.71 (up from US$0.37 in 1Q 2025). Revenue: US$134.8m (up 18% from 1Q 2025). Net income: US$5.03m (up 97% from 1Q 2025). Profit margin: 3.7% (up from 2.2% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • Aug 08Friedman Industries, Incorporated Provides Earnings Guidance for Second Quarter of Fiscal 2026Friedman Industries, Incorporated provided earnings guidance for the second quarter of fiscal 2026. For the period, the Company expects sales volume to be slightly higher than the sales volume for the first fiscal quarter as the Company progresses on its efforts to increase the capacity utilization of its facilities. HRC prices softened at the end of the first quarter and the start of the second quarter. As a result, the Company expects lower margins for the second quarter of fiscal 2026 compared to the first quarter.
お知らせ • Jul 18Friedman Industries, Incorporated, Annual General Meeting, Sep 18, 2025Friedman Industries, Incorporated, Annual General Meeting, Sep 18, 2025. Location: offices of norton rose fulbright us llp, 1550 lamar, suite 2000, texas 77010., houston United States
お知らせ • Jul 14Friedman Industries Appoints Gaurav Chhibbar as Chief Operating Officer, Effective July 10, 2025Friedman Industries, Incorporated announced 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. Gaurav has built extensive experience through meaningful roles at Boston Consulting Group Inc., and prior to that, at Metal Edge Partners LLC and Cargill Inc. At Boston Consulting Group, he supported and led numerous efforts for clients across various sectors, including financial sponsors, private equity, family-owned, and Fortune 100 firms. His expertise in operations excellence and strategic management has been instrumental in driving growth and innovation. Gaurav holds a Master of Business Administration from The University of Chicago Booth School of Business, with concentrations in Analytic Finance, Strategic Management, and Entrepreneurship. He also holds a Master of International Business from the Indian Institute of Foreign Trade and a Bachelor of Engineering from Panjab University.
Declared Dividend • Jul 02Fourth quarter dividend of US$0.04 announcedDividend of US$0.04 is the same as last year. Ex-date: 18th July 2025 Payment date: 8th August 2025 Dividend yield will be 1.0%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Mike Hanson was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 30+ 1 more updateFriedman Industries, Incorporated(NasdaqGS:FRD) dropped from Russell 3000E Growth IndexFriedman Industries, Incorporated(NasdaqGS:FRD) dropped from Russell 3000E Growth Index
お知らせ • Jun 26Friedman Industries, Incorporated Announces Cash Dividend, Payable on August 8, 2025The Board of Directors of Friedman Industries, Incorporated 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.
Reported Earnings • Jun 13Full year 2025 earnings released: EPS: US$0.87 (vs US$2.39 in FY 2024)Full year 2025 results: EPS: US$0.87 (down from US$2.39 in FY 2024). Revenue: US$444.6m (down 14% from FY 2024). Net income: US$6.09m (down 65% from FY 2024). Profit margin: 1.4% (down from 3.3% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
分析記事 • May 04Subdued Growth No Barrier To Friedman Industries, Incorporated (NASDAQ:FRD) With Shares Advancing 27%Friedman Industries, Incorporated ( NASDAQ:FRD ) shareholders would be excited to see that the share price has had a...
Upcoming Dividend • Apr 19Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 25 April 2025. Payment date: 23 May 2025. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of American dividend payers (5.0%). Lower than average of industry peers (2.0%).
Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$16.09, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 21x in the Metals and Mining industry in the US. Total returns to shareholders of 85% over the past three years.
分析記事 • Apr 12We Think Friedman Industries (NASDAQ:FRD) Is Taking Some Risk With Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • Apr 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$96.4m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (US$96.4m market cap).
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$14.60, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 24x in the Metals and Mining industry in the US. Total returns to shareholders of 68% over the past three years.
Declared Dividend • Mar 23Third quarter dividend of US$0.04 announcedDividend of US$0.04 is the same as last year. Ex-date: 25th April 2025 Payment date: 23rd May 2025 Dividend yield will be 0.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 20Friedman Industries, Incorporated Announces Cash Dividend, Payable on May 23, 2025The Board of Directors of Friedman Industries, Incorporated, 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.
Reported Earnings • Feb 09Third quarter 2025 earnings released: US$0.17 loss per share (vs US$0.16 profit in 3Q 2024)Third quarter 2025 results: US$0.17 loss per share (down from US$0.16 profit in 3Q 2024). Revenue: US$94.1m (down 19% from 3Q 2024). Net loss: US$1.15m (down 198% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$16.06, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 19x in the Metals and Mining industry in the US. Total returns to shareholders of 76% over the past three years.
New Risk • Jan 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$97.3m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (US$97.3m market cap).
Upcoming Dividend • Jan 10Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 17 January 2025. Payment date: 14 February 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.1%).
Declared Dividend • Dec 06Second quarter dividend of US$0.04 announcedShareholders will receive a dividend of US$0.04. Ex-date: 17th January 2025 Payment date: 14th February 2025 Dividend yield will be 0.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (4% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Dec 04Friedman Industries, Incorporated Announces Cash Dividend, Payable on February 14, 2025The Board of Directors of Friedman Industries, Incorporated 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.
New Risk • Nov 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.7% Last year net profit margin: 3.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (US$98.6m market cap).
Reported Earnings • Nov 14Second quarter 2025 earnings released: US$0.10 loss per share (vs US$0.48 profit in 2Q 2024)Second quarter 2025 results: US$0.10 loss per share (down from US$0.48 profit in 2Q 2024). Revenue: US$106.8m (down 18% from 2Q 2024). Net loss: US$675.0k (down 119% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Nov 13Friedman Industries, Incorporated Provides Sales Guidance for the Third Quarter of Fiscal 2025Friedman Industries, Incorporated provided sales guidance for the third quarter of fiscal 2025. For the quarter, company expects sales volume for its third quarter of fiscal 2025 to be slightly lower than the second quarter volume due primarily to the seasonal impact of the holidays.
New Risk • Oct 22New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$98.3m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
Upcoming Dividend • Oct 18Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 25 October 2024. Payment date: 15 November 2024. Payout ratio is a comfortable 7.0% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (1.7%).
Declared Dividend • Sep 22First quarter dividend of US$0.04 announcedShareholders will receive a dividend of US$0.04. Ex-date: 25th October 2024 Payment date: 15th November 2024 Dividend yield will be 0.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (7% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 48% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Sep 19Friedman Industries, Incorporated Announces Cash Dividend, Payable on November 15, 2024The 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 dividend on November 15, 2024 to shareholders of record at the close of business on October 25, 2024.
New Risk • Sep 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$97.8m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: US$0.37 (vs US$1.04 in 1Q 2024)First quarter 2025 results: EPS: US$0.37 (down from US$1.04 in 1Q 2024). Revenue: US$114.6m (down 17% from 1Q 2024). Net income: US$2.57m (down 66% from 1Q 2024). Profit margin: 2.2% (down from 5.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Aug 09Friedman Industries, Incorporated Provides Sales Guidance for the Second Quarter of Fiscal 2025Friedman Industries, Incorporated provided sales guidance for the second quarter of fiscal 2025. The company expects sales volume for its second quarter of fiscal 2025 to be similar to the sales volume for the first quarter.
Upcoming Dividend • Jul 19Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 26 July 2024. Payment date: 16 August 2024. Payout ratio is a comfortable 4.2% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.0%).
お知らせ • Jul 17Friedman Industries, Incorporated, Annual General Meeting, Sep 18, 2024Friedman Industries, Incorporated, Annual General Meeting, Sep 18, 2024. Location: norton rose fulbright us llp, 1550 lamar, suite 2000,texas 77010, houston United States
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 31%After last week's 31% share price gain to US$18.29, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 14x in the Metals and Mining industry in the US. Total returns to shareholders of 55% over the past three years.
Recent Insider Transactions • Jul 07Chairman of the Board recently bought US$73k worth of stockOn the 2nd of July, Michael Taylor bought around 5k shares on-market at roughly US$14.50 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$164k. Michael has been a buyer over the last 12 months, purchasing a net total of US$387k worth in shares.
Declared Dividend • Jun 30Fourth quarter dividend of US$0.04 announcedShareholders will receive a dividend of US$0.04. Ex-date: 26th July 2024 Payment date: 16th August 2024 Dividend yield will be 0.8%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (4% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 27Friedman Industries, Incorporated Announces Cash Dividend, Payable on August 16, 2024The Board of Directors of Friedman Industries, Incorporated declared on June 26, 2024, a cash dividend of $0.04 per share on the Common Stockof 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.
Recent Insider Transactions • Jun 18Chairman of the Board recently bought US$164k worth of stockOn the 17th of June, Michael Taylor bought around 10k shares on-market at roughly US$16.44 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Michael has been a buyer over the last 12 months, purchasing a net total of US$315k worth in shares.
Reported Earnings • Jun 13Full year 2024 earnings released: EPS: US$2.39 (vs US$2.91 in FY 2023)Full year 2024 results: EPS: US$2.39 (down from US$2.91 in FY 2023). Revenue: US$516.3m (down 5.7% from FY 2023). Net income: US$17.3m (down 18% from FY 2023). Profit margin: 3.4% (down from 3.8% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • Jun 13Friedman Industries, Incorporated Provides Earnings Guidance for the Year 2025Friedman Industries, Incorporated provided earnings guidance for the year 2025. The Company expects sales volume for its first quarter of fiscal 2025 to be similar to the sales volume for the fourth quarter of fiscal 2024 despite the first quarter having half a month of planned downtime for new equipment installation at Decatur facility and Sinton facility having a week of planned maintenance downtime.
Upcoming Dividend • Apr 19Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 25 April 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 3.1% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of American dividend payers (4.9%). Lower than average of industry peers (2.1%).
Declared Dividend • Mar 25Third quarter dividend increased to US$0.04Dividend of US$0.04 is 100% higher than last year. Ex-date: 25th April 2024 Payment date: 24th May 2024 Dividend yield will be 0.6%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 3%. Cash payout ratio: 7%.
お知らせ • Mar 22Friedman Industries, Incorporated Increases Cash Dividend, Payable on May 24, 2024The Board of Directors of Friedman Industries, Incorporated declared on March 20, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on May 24, 2024 to shareholders of record at the close of business on April 26, 2024.
Reported Earnings • Feb 15Third quarter 2024 earnings released: EPS: US$0.16 (vs US$0.19 in 3Q 2023)Third quarter 2024 results: EPS: US$0.16 (down from US$0.19 in 3Q 2023). Revenue: US$116.0m (up 3.7% from 3Q 2023). Net income: US$1.18m (down 13% from 3Q 2023). Profit margin: 1.0% (down from 1.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 15Friedman Industries, Incorporated Provides Sales Guidance for the Fourth Quarter of Fiscal 2024Friedman Industries, Incorporated provided sales guidance for the Fourth quarter of fiscal 2024. For the quarter, company expected Sales volume to be slightly higher than the third quarter volume.
Upcoming Dividend • Jan 11Upcoming dividend of US$0.02 per share at 0.5% yieldEligible shareholders must have bought the stock before 18 January 2024. Payment date: 16 February 2024. Payout ratio is a comfortable 3.1% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.6%).
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to US$15.68, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 17x in the Metals and Mining industry in the US. Total returns to shareholders of 133% over the past three years.
New Risk • Nov 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (27% accrual ratio). Minor Risk Market cap is less than US$100m (US$93.4m market cap).
Reported Earnings • Nov 17Second quarter 2024 earnings released: EPS: US$0.48 (vs US$0.34 in 2Q 2023)Second quarter 2024 results: EPS: US$0.48 (up from US$0.34 in 2Q 2023). Revenue: US$130.7m (down 13% from 2Q 2023). Net income: US$3.51m (up 45% from 2Q 2023). Profit margin: 2.7% (up from 1.6% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$12.85, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 15x in the Metals and Mining industry in the US. Total returns to shareholders of 122% over the past three years.
Valuation Update With 7 Day Price Move • Oct 24Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$10.28, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 12x in the Metals and Mining industry in the US. Total returns to shareholders of 83% over the past three years.
Upcoming Dividend • Oct 12Upcoming dividend of US$0.02 per share at 0.6% yieldEligible shareholders must have bought the stock before 19 October 2023. Payment date: 10 November 2023. Payout ratio is a comfortable 3.3% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of American dividend payers (5.1%). Lower than average of industry peers (2.7%).
お知らせ • Aug 17Friedman Industries, Incorporated Provides Earnings Guidance for the Year 2024Friedman Industries, Incorporated provided earnings guidance for the second quarter of the year 2024. For the quarter, the company expected steady demand for its second quarter of fiscal 2024 with sales volume expected to be approximately the same as the first quarter.
お知らせ • Jul 29Friedman Industries, Incorporated, Annual General Meeting, Sep 13, 2023Friedman Industries, Incorporated, Annual General Meeting, Sep 13, 2023, at 09:00 Central Standard Time. Location: Norton Rose Fulbright US LLP, 1301 McKinney, Suite 5100 Houston Texas United States Agenda: To consider election of directors; to consider advisory (non-binding) vote on executive compensation; to consider ratification of selection of independent registered public accounting firm; and to consider other business.
お知らせ • Jun 30+ 1 more updateFriedman Industries, Incorporated announced delayed annual 10-K filingOn 06/29/2023, Friedman Industries, Incorporated announced that they will be unable to file their next 10-K by the deadline required by the SEC.
お知らせ • Jun 21Friedman Industries, Incorporated Announces Quarterly Cash Dividend, Payable August 11, 2023The Board of Directors of Friedman Industries, Incorporated, declared on June 20, 2023, a cash dividend of $0.02 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 11, 2023 to shareholders of record at the close of business on July 21, 2023. This dividend marks the Company’s 206th consecutive quarterly cash dividend with the Company having paid a cash dividend every quarter since becoming publicly traded in 1972.
Upcoming Dividend • Apr 20Upcoming dividend of US$0.02 per share at 0.7% yieldEligible shareholders must have bought the stock before 27 April 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 7.3% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of American dividend payers (4.9%). Lower than average of industry peers (2.4%).
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: US$0.19 (vs US$0.45 loss in 3Q 2022)Third quarter 2023 results: EPS: US$0.19 (up from US$0.45 loss in 3Q 2022). Revenue: US$111.9m (up 117% from 3Q 2022). Net income: US$1.36m (up US$4.33m from 3Q 2022). Profit margin: 1.2% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 10Friedman Industries, Incorporated Provides Sales Guidance for the Fourth Quarter of Fiscal 2023Friedman Industries, Incorporated provided sales guidance for the fourth quarter of fiscal 2023. The Company expects sales volume of approximately 115,000 tons to 125,000 tons for its fourth quarter of fiscal 2023.
お知らせ • Dec 07Friedman Industries, Incorporated Declares Cash Dividend on the Common Stock, Payable on February 10, 2023Friedman Industries, Incorporated declared on December 5, 2022, a cash dividend of $0.02 per share on the Common Stock of the Company. The Company will pay the cash dividend on February 10, 2023 to shareholders of record at the close of business on January 13, 2023.
お知らせ • Dec 03Friedman Industries, Incorporated Provides Sales Guidance for the Third Quarter of Fiscal Year 2023Friedman Industries, Incorporated provided sales guidance for the third quarter of fiscal year 2023. For the quarter, the company expected sales volume of approximately 105,000 tons. The third quarter volume expectation is slightly lower than the second quarter volume due primarily to the impact of holidays during the third quarter of fiscal 2023.
お知らせ • Nov 23Friedman Industries Receives a Written Notice from the Regulation Staff of NYSEOn November 15, 2022, Friedman Industries, Incorporated received a written notice ("the Notice") from the Regulation staff of NYSE American LLC ("NYSE") stating that the Company is not in compliance with the NYSE listing requirements because it has not timely filed the Form 10-Q with the SEC. The Notice has no immediate effect on the listing or trading of the Company's securities. However, if the Company fails to timely regain compliance with the listing requirements, the Company's securities will be subject to delisting from NYSE. Under NYSE rules, the NYSE will monitor the Company and the status of the delinquent 10-Q and any subsequent delayed filings during the six-month period from the date of the filing delinquency until the filing delinquency is cured. If the Company fails to cure the filing delinquency within that six-month period, the NYSE may, in its sole discretion, allow an additional six month period to cure. However, the NYSE may in its sole discretion immediately commence suspension and delisting procedures if the Company is subject to delisting pursuant to any other rules of NYSE or the NYSE determines that continued listing is inadvisable or unwarranted under Sections 1001-1006 of the NYSE rules. The NYSE will make a late filer .LF" indicator available on the consolidated tape.
お知らせ • Nov 10Friedman Industries, Incorporated announced delayed 10-Q filingOn 11/09/2022, Friedman Industries, Incorporated announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Oct 13Friedman Industries, Incorporated Provides Earnings Guidance for the Second Quarter of Fiscal Year 2023Friedman Industries, Incorporated provided earnings guidance for the second quarter of fiscal year 2023. For the period, the company expects sales of approximately $150 million on approximately 115,000 tons sold for its second quarter of fiscal 2023.
