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Friedman Industries NYSEAM:FRD Stock Report

Last Price

US$16.47

Market Cap

US$111.6m

7D

4.4%

1Y

8.2%

Updated

20 Dec, 2024

Data

Company Financials

Friedman Industries, Incorporated

NYSEAM:FRD Stock Report

Market Cap: US$111.6m

FRD Stock Overview

Engages in the manufacture and processing of steel products in the United States. More details

FRD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Friedman Industries, Incorporated Competitors

Price History & Performance

Summary of share price highs, lows and changes for Friedman Industries
Historical stock prices
Current Share PriceUS$16.47
52 Week HighUS$19.52
52 Week LowUS$13.40
Beta1.42
1 Month Change17.47%
3 Month Change9.58%
1 Year Change8.21%
3 Year Change73.92%
5 Year Change171.16%
Change since IPO1,058.25%

Recent News & Updates

Recent updates

The Friedman Industries (NYSEMKT:FRD) Share Price Is Up 51% And Shareholders Are Holding On

Feb 07
The Friedman Industries (NYSEMKT:FRD) Share Price Is Up 51% And Shareholders Are Holding On

We Wouldn't Be Too Quick To Buy Friedman Industries, Incorporated (NYSEMKT:FRD) Before It Goes Ex-Dividend

Jan 03
We Wouldn't Be Too Quick To Buy Friedman Industries, Incorporated (NYSEMKT:FRD) Before It Goes Ex-Dividend

Does Friedman Industries (NYSEMKT:FRD) Have A Healthy Balance Sheet?

Dec 19
Does Friedman Industries (NYSEMKT:FRD) Have A Healthy Balance Sheet?

Shareholder Returns

FRDUS Metals and MiningUS Market
7D4.4%-9.9%-3.5%
1Y8.2%-5.5%22.1%

Return vs Industry: FRD exceeded the US Metals and Mining industry which returned -5.5% over the past year.

Return vs Market: FRD underperformed the US Market which returned 22.1% over the past year.

Price Volatility

Is FRD's price volatile compared to industry and market?
FRD volatility
FRD Average Weekly Movement7.5%
Metals and Mining Industry Average Movement8.2%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: FRD has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FRD's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1965268Mike Taylorwww.friedmanindustries.com

Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. It operates in two segments, Flat-Roll Products and Tubular Products. The Flat-Roll Product segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils, as well as provision of process and storage services for customer-owned coils on a fee basis.

Friedman Industries, Incorporated Fundamentals Summary

How do Friedman Industries's earnings and revenue compare to its market cap?
FRD fundamental statistics
Market capUS$111.60m
Earnings (TTM)US$7.98m
Revenue (TTM)US$469.52m

14.4x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRD income statement (TTM)
RevenueUS$469.52m
Cost of RevenueUS$412.55m
Gross ProfitUS$56.96m
Other ExpensesUS$48.98m
EarningsUS$7.98m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.15
Gross Margin12.13%
Net Profit Margin1.70%
Debt/Equity Ratio27.8%

How did FRD perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

12%

Payout Ratio

Does FRD pay a reliable dividends?

See FRD dividend history and benchmarks
When do you need to buy FRD by to receive an upcoming dividend?
Friedman Industries dividend dates
Ex Dividend DateJan 17 2025
Dividend Pay DateFeb 14 2025
Days until Ex dividend27 days
Days until Dividend pay date55 days

Does FRD pay a reliable dividends?

See FRD dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:16
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Friedman Industries, Incorporated is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution