Aankondiging • Aug 09
Friedman Industries, Incorporated Provides Financial Guidance for the Second Quarter of Fiscal 2027 Friedman Industries, Incorporated provides financial guidance for the second quarter of fiscal 2027. For the period, the company expects sales volumes to be comparable to first quarter volumes and anticipates sequential improvement in sales margins driven by increases in average selling prices during the second quarter. Reported Earnings • Aug 07
First quarter 2027 earnings released: EPS: US$1.79 (vs US$0.71 in 1Q 2026) First quarter 2027 results: EPS: US$1.79 (up from US$0.71 in 1Q 2026). Revenue: US$240.0m (up 78% from 1Q 2026). Net income: US$12.8m (up 158% from 1Q 2026). Profit margin: 5.3% (up from 3.7% in 1Q 2026). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jul 18
Friedman Industries, Incorporated, Annual General Meeting, Sep 22, 2026 Friedman Industries, Incorporated, Annual General Meeting, Sep 22, 2026. Location: offices of norton rose fulbright us llp, 1550 lamar, suite 2000, houston, texas 77010, United States Upcoming Dividend • Jul 13
Upcoming dividend of US$0.04 per share Eligible 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 German dividend payers (4.7%). Lower than average of industry peers (1.5%). Declared Dividend • Jun 29
Fourth quarter dividend of US$0.04 announced Shareholders will receive a dividend of US$0.04. Ex-date: 17th July 2026 Payment date: 7th August 2026 Dividend yield will be 0.5%, which is lower than the industry average of 4.8%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 82%. Aankondiging • Jun 25
Friedman Industries, Incorporated Announces Cash Dividend, Payable on August 7, 2026 Friedman 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. Reported Earnings • Jun 13
Full 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$19.2m (up 217% 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 42% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €19.70, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 20x in the Metals and Mining industry in Europe. Total returns to shareholders of 127% over the past three years. Board Change • May 20
Insufficient new directors There 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. 3 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. Aankondiging • Apr 01
Friedman Industries, Incorporated Declares Cash Dividend, Payable on May 22, 2026 The 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. Aankondiging • Feb 10
Friedman Industries, Incorporated Provides Earnings Guidance for the Fourth Quarter 2026 Friedman 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. Aankondiging • Dec 17
Friedman Industries, Incorporated Announces Cash Dividend, Payable on February 13, 2026 The 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. Aankondiging • Nov 11
Friedman Industries, Incorporated Provides Earnings Guidance for the Third Quarter of Fiscal 2026 Friedman 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. Aankondiging • Sep 19
Friedman Industries, Incorporated Announces Cash Dividend, Payable on November 14, 2025 The 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. Aankondiging • Sep 03
Friedman 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. Aankondiging • Aug 08
Friedman Industries, Incorporated Provides Earnings Guidance for Second Quarter of Fiscal 2026 Friedman 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. Aankondiging • Jul 18
Friedman Industries, Incorporated, Annual General Meeting, Sep 18, 2025 Friedman 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 Aankondiging • Jul 14
Friedman Industries Appoints Gaurav Chhibbar as Chief Operating Officer, Effective July 10, 2025 Friedman 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. Aankondiging • Jun 26
Friedman Industries, Incorporated Announces Cash Dividend, Payable on August 8, 2025 The 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. Aankondiging • Mar 20
Friedman Industries, Incorporated Announces Cash Dividend, Payable on May 23, 2025 The 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. Aankondiging • Dec 04
Friedman Industries, Incorporated Announces Cash Dividend, Payable on February 14, 2025 The 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. Reported Earnings • Nov 14
Second 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). Aankondiging • Nov 13
Friedman Industries, Incorporated Provides Sales Guidance for the Third Quarter of Fiscal 2025 Friedman 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. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €11.80, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 13x in the Metals and Mining industry in Europe. Total returns to shareholders of 27% over the past year. New Risk • Oct 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €90.8m (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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Market cap is less than US$100m (€90.8m market cap, or US$98.3m). Upcoming Dividend • Oct 18
Upcoming dividend of US$0.04 per share Eligible 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: 1.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.3%). Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €14.30, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 13x in the Metals and Mining industry in Europe. Total returns to shareholders of 20% over the past year. Declared Dividend • Sep 23
First quarter dividend of US$0.04 announced Shareholders will receive a dividend of US$0.04. Ex-date: 25th October 2024 Payment date: 15th November 2024 Dividend yield will be 1.2%, which is lower than the industry average of 4.8%. 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. Aankondiging • Sep 19
Friedman Industries, Incorporated Announces Cash Dividend, Payable on November 15, 2024 The Board of Directors of Friedman Industries, Incorporated, declared on September 18, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on November 15, 2024 to shareholders of record at the close of business on October 25, 2024. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to €11.70, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 15x in the Metals and Mining industry in Europe. Total loss to shareholders of 13% over the past year. Reported Earnings • Aug 09
First 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. Aankondiging • Aug 09
Friedman Industries, Incorporated Provides Sales Guidance for the Second Quarter of Fiscal 2025 Friedman 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. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to €15.70, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 15x in the Metals and Mining industry in Europe. Total returns to shareholders of 22% over the past year. Upcoming Dividend • Jul 19
Upcoming dividend of US$0.04 per share Eligible 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: 0.9%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.9%). Aankondiging • Jul 17
Friedman Industries, Incorporated, Annual General Meeting, Sep 18, 2024 Friedman Industries, Incorporated, Annual General Meeting, Sep 18, 2024. Location: norton rose fulbright us llp, 1550 lamar, suite 2000,texas 77010, houston United States Recent Insider Transactions • Jul 07
Chairman of the Board recently bought €68k worth of stock On the 2nd of July, Michael Taylor bought around 5k shares on-market at roughly €13.51 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 €153k. Michael has been a buyer over the last 12 months, purchasing a net total of €359k worth in shares. Declared Dividend • Jul 01
Fourth quarter dividend of US$0.04 announced Shareholders will receive a dividend of US$0.04. Ex-date: 26th July 2024 Payment date: 16th August 2024 Dividend yield will be 0.9%, which is lower than the industry average of 4.8%. 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. Aankondiging • Jun 27
Friedman Industries, Incorporated Announces Cash Dividend, Payable on August 16, 2024 The 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 19
Chairman of the Board recently bought €153k worth of stock On the 17th of June, Michael Taylor bought around 10k shares on-market at roughly €15.34 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 €291k worth in shares. Reported Earnings • Jun 13
Full 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. Aankondiging • Jun 13
Friedman Industries, Incorporated Provides Earnings Guidance for the Year 2025 Friedman 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 18
Upcoming dividend of US$0.04 per share Eligible 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: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.9%). Declared Dividend • Mar 25
Third quarter dividend of US$0.04 announced Shareholders will receive a dividend of US$0.04. Ex-date: 25th April 2024 Payment date: 24th May 2024 Dividend yield will be 0.6%, which is lower than the industry average of 4.8%. Payout Ratios Payout ratio: 3%. Cash payout ratio: 7%. Aankondiging • Mar 22
Friedman Industries, Incorporated Increases Cash Dividend, Payable on May 24, 2024 The 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 15
Third 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. Aankondiging • Feb 15
Friedman Industries, Incorporated Provides Sales Guidance for the Fourth Quarter of Fiscal 2024 Friedman 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 11
Upcoming dividend of US$0.02 per share at 0.5% yield Eligible 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 German dividend payers (4.9%). Lower than average of industry peers (8.3%). Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to €14.60, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 12x in the Metals and Mining industry in Germany. New Risk • Nov 19
New major risk - Financial position The 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 Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (€85.6m market cap, or US$93.4m). Reported Earnings • Nov 17
Second 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. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €9.55, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 12x in the Metals and Mining industry in Germany. Upcoming Dividend • Oct 13
Upcoming dividend of US$0.02 per share at 0.6% yield Eligible 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 German dividend payers (5.0%). Lower than average of industry peers (8.8%). Aankondiging • Aug 17
Friedman Industries, Incorporated Provides Earnings Guidance for the Year 2024 Friedman 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. Aankondiging • Jul 29
Friedman Industries, Incorporated, Annual General Meeting, Sep 13, 2023 Friedman 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. Aankondiging • Jun 21
Friedman Industries, Incorporated Announces Quarterly Cash Dividend, Payable August 11, 2023 The 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. 
