FRIEDMAN INDUSTRIES (FRD)

US3584351056 - Common Stock

18.47  -0.58 (-3.04%)

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FRIEDMAN INDUSTRIES

NYSEARCA:FRD (5/7/2024, 5:40:00 PM)

18.47

-0.58 (-3.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Chartmill FA Rating
Valuation
Growth
Profitability
Health
Dividend
Overview
Earnings (Last)
Earnings (Next)
Ins Owners
Inst Owners
Market Cap128.92M
Shares
PE7.27
Fwd PEN/A
Dividend Yield0.83%
Analysts
IPO
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FRD Daily chart

Company Profile

Friedman Industries, Inc. engages in the provision of manufacture and trade of steel products. The company is headquartered in Longview, Texas and currently employs 234 full-time employees. Its segments include coil products and tubular products. The coil products segment consists of the operation of five hot-rolled coil processing facilities located in Hickman, Arkansas; Decatur, Alabama; East Chicago, Indiana; Granite City, Illinois and Sinton, Texas. The Hickman, East Chicago and Granite City facilities operate temper mills and corrective leveling cut-to length lines. The Sinton and Decatur facilities operate stretcher leveler cut-to-length lines. The tubular products segment consists of the operations in Lone Star where the Company manufactures electric resistance welded pipe and distributes pipe through its Texas Tubular Products division (TTP). TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD) size range of 2 3/8 OD to 8 5/8 OD. Both pipe mills manufacture line pipe and oil country pipe and also manufacture pipe for structural purposes.

Company Info

FRIEDMAN INDUSTRIES

1121 Judson Road, Suite 124

Longview TEXAS 75601

P: 19037583431

CEO: Michael J. Taylor

Employees: 234

Website: https://www.friedmanindustries.com/

FRD News

News Image2 months ago - Friedman Industries Inc.FRIEDMAN INDUSTRIES, INCORPORATED INCREASES CASH DIVIDEND

Favorable Outlook for Consistent Earnings and Further Growth209th Consecutive Quarterly Dividend Since 1972 LONGVIEW, Texas, March 21, 2024 (GLOBE...

News Image3 months ago - Friedman Industries Inc.Friedman Industries, Incorporated Announces Third Quarter Results

LONGVIEW, Texas, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) today announced its results of operations for...

News Image5 months ago - Friedman Industries Inc.FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES SHARE REPURCHASE AND AUTHORIZATION OF ADDITIONAL SHARE REPURCHASE PROGRAM

LONGVIEW, Texas, Dec. 18, 2023 (GLOBE NEWSWIRE) -- On December 13, 2023, Friedman Industries, Incorporated (the “Company”) repurchased 400,041 shares of...

News Image5 months ago - Friedman Industries Inc.FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES CASH DIVIDEND

LONGVIEW, Texas, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE—American; Trading Symbol: FRD) The Board of Directors (the...

News Image6 months ago - Friedman Industries Inc.Friedman Industries, Incorporated Announces Second Quarter Results and Provides Update on Strategic Growth Initiatives

LONGVIEW, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter ended September 30, 2023.

News Image7 months ago - Market News VideoMonday Sector Laggards: Paper & Forest Products, Non-Precious Metals & Non-Metallic Mining Stocks

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