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FRD Stock Chart & Stats
$43.95
-$0.82(-2.30%)
At close: 4:00 PM EDT
$43.95
-$0.82(-2.30%)
Day’s Range― - ―
52-Week Range$16.55 - $48.77
Previous CloseN/A
Volume24.44K
Average Volume (3M)57.79K
Market Cap
$296.30M
Enterprise Value$320.20M
Total Cash (Recent Filing)$5.03M
Total Debt (Recent Filing)$101.32M
Price to Earnings (P/E)10.7
Beta1.12
Next Earnings
Nov 17, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.39%
Share Statistics
EPS (TTM)3.84
Shares Outstanding7,212,791
10 Day Avg. Volume57,704
30 Day Avg. Volume57,787
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.81
Price to Sales (P/S)0.19
P/FCF Ratio89.51
Enterprise Value/Market Cap1.08
Enterprise Value/Revenue0.43
Enterprise Value/Gross Profit3.19
Enterprise Value/Ebitda7.05
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Improved ProfitabilityImproved revenue and profitability indicate stronger operating performance and customer demand. The combination of positive net income, solid gross margin, and operating earnings gives Friedman a better base to reinvest, absorb normal steel-market fluctuations, and build earnings over the next several quarters.
Conservative Balance SheetVery low current leverage provides financial flexibility and reduces the burden of interest obligations during weaker periods. Healthy returns on equity also show that the company is generating meaningful earnings from its capital base, supporting resilience and future operating investment.
Expanded Financing CapacityA larger committed facility improves access to liquidity for inventory, operations, and expansion as the steel business grows. This added capacity can help Friedman serve customers reliably and manage working-capital requirements, strengthening its ability to compete through the industry cycle.
Bears Say
Weak Cash ConversionNear-breakeven operating cash flow and negative free cash flow show that recent accounting earnings are not converting efficiently into liquidity. Elevated working-capital swings or capital spending can therefore pressure funding needs and limit the cash available for reinvestment or shareholder returns.
Cyclical Earnings HistoryRevenue and margin volatility makes earnings less predictable than the latest improvement alone suggests. Because performance has weakened in prior periods, Friedman may face uneven utilization and profitability as industrial and construction demand changes, complicating planning and sustaining growth.
Modest Net ProfitabilityA modest net margin leaves relatively little room to absorb unfavorable changes in steel spreads, demand, freight, or operating costs. Even with stronger gross and operating results, limited bottom-line protection can make profits sensitive to normal fluctuations in the steel distribution cycle.
Friedman Industries News
FRD FAQ
What was Friedman Industries’s price range in the past 12 months?
Friedman Industries lowest stock price was $16.55 and its highest was $48.77 in the past 12 months.
What is Friedman Industries’s market cap?
Friedman Industries’s market cap is $296.30M.
When is Friedman Industries’s upcoming earnings report date?
Friedman Industries’s upcoming earnings report date is Nov 17, 2026 which is in 44 days.
How were Friedman Industries’s earnings last quarter?
Friedman Industries released its earnings results on Aug 06, 2026. The company reported $1.79 earnings per share for the quarter.
Is Friedman Industries overvalued?
According to Wall Street analysts Friedman Industries’s price is currently Overvalued.
Does Friedman Industries pay dividends?
Friedman Industries pays a Quarterly dividend of $0.04 which represents an annual dividend yield of 0.39%. See more information on Friedman Industries dividends here
What is Friedman Industries’s EPS estimate?
Friedman Industries’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Friedman Industries have?
Friedman Industries has 7,212,791 shares outstanding.
What happened to Friedman Industries’s price movement after its last earnings report?
Friedman Industries reported an EPS of $1.79 in its last earnings report. Following the earnings report the stock price went up 16.41%.
Which hedge fund is a major shareholder of Friedman Industries?
Currently, no hedge funds are holding shares in FRD
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Friedman Industries Stock Smart Score
Neutral
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Blogger Sentiment
Neutral
FRD Sentiment 67%
Sector Average 69%
Sector Average 69%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
97.87%
12-Months-Change
Fundamentals
Return on Equity
0.39%
Trailing 12-Months
Asset Growth
70.46%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Friedman Industries
Friedman Industries, Inc. (FRD) is a U.S.-based company primarily involved in the processing and manufacturing of steel and pipe, as well as their distribution. The firm operates through two distinct divisions: Coil and Tubular. The Coil segment specializes in converting steel coils into flat sheet and plate steel, cut precisely to client specifications. It also resells steel coils and offers processing services for materials owned by customers, for which it charges a fee. This division serves approximately 230 customers, predominantly located in the central and southern United States, including steel distributors and manufacturers. These manufacturers utilize the steel to produce a wide array of products, such as steel buildings, railway carriages, barges, storage tanks, shipping containers, trailers, various component parts, and other fabricated steel goods. Meanwhile, the Tubular segment is dedicated to producing different types of pipes, including those for line applications, oil country purposes (OCTG), and structural uses. This segment's products are primarily sold to steel and pipe distributors through Friedman Industries' internal sales force. Friedman Industries, Incorporated was founded in 1965 and is headquartered in Longview, Texas.
Technical Analysis
Ownership Overview
5.15% Insiders
14.69% Mutual Funds
16.05% Other Institutional Investors
50.52% Public Companies and
Individual Investors