Want to see FRD full AI Analyst Report?
FRD Stock Chart & Stats
$35.60
-$0.82(-2.30%)
At close: 4:00 PM EDT
$35.60
-$0.82(-2.30%)
Day’s Range― - ―
52-Week Range$16.46 - $48.77
Previous CloseN/A
Volume24.44K
Average Volume (3M)22.76K
Market Cap
$331.93M
Enterprise Value$320.20
Total Cash (Recent Filing)$5.03M
Total Debt (Recent Filing)$101.32M
Price to Earnings (P/E)11.6
Beta1.07
Next Earnings
Nov 17, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.36%
Share Statistics
EPS (TTM)3.84
Shares Outstanding7,212,791
10 Day Avg. Volume15,212
30 Day Avg. Volume22,764
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
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
Strong Revenue GrowthThe 61.8% reported revenue growth indicates substantially stronger demand or shipment activity. If supported by recurring industrial and construction customers, this expanded scale can improve fixed-cost absorption and strengthen the company’s operating platform.
Improved ProfitabilityImproved margins and positive net income show better earnings performance than prior periods. Sustained processing and manufacturing spreads could support profitability, while stronger gross margins provide some cushion against steel-cost and demand volatility.
Conservative Balance SheetVery low current leverage limits interest burden and preserves financial flexibility through the steel cycle. Healthy return on equity also indicates that the existing equity base is generating meaningful earnings, supporting resilience and reinvestment capacity.
Bears Say
Weak Cash ConversionNear-breakeven operating cash flow and negative free cash flow show that reported earnings are not currently converting effectively into liquidity. Working-capital swings or capital spending could constrain internally funded growth and pressure flexibility during weaker demand.
Cyclical Earnings ProfileSteel processing and tubular products remain exposed to industrial and construction cycles, input-cost movements, and utilization changes. Historical revenue declines and margin volatility make current earnings less predictable and limit confidence in sustained peak performance.
Modest Net MarginA modest net margin leaves limited room to absorb weaker steel spreads, lower volumes, or higher operating costs. Even with improved gross and operating margins, relatively thin bottom-line profitability can make earnings vulnerable across the business cycle.
Friedman Industries News
FRD FAQ
What was Friedman Industries’s price range in the past 12 months?
Friedman Industries lowest stock price was $16.46 and its highest was $48.77 in the past 12 months.
What is Friedman Industries’s market cap?
Friedman Industries’s market cap is $331.93M.
When is Friedman Industries’s upcoming earnings report date?
Friedman Industries’s upcoming earnings report date is Nov 17, 2026 which is in 89 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, missing the consensus estimate of N/A by N/A.
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 0.36%. 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, missing expectations of N/A. 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
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.39%
12-Months-Change
Fundamentals
Return on Equity
0.36%
Trailing 12-Months
Asset Growth
70.46%
Trailing 12-Months
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
6.60% Insiders
14.69% Mutual Funds
16.05% Other Institutional Investors
50.00% Public Companies and
Individual Investors