NYSE American - Delayed Quote • USD Friedman Industries, Incorporated (FRD) Follow Compare 14.10 +0.14 +(1.00%) As of 10:50:03 AM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations The Zacks Analyst Blog Highlights Walmart, S&P Global, TotalEnergies, Crown Crafts and Friedman Walmart, S&P Global, TotalEnergies, Crown Crafts and Friedman are included in this Analyst Blog. Top Analyst Reports for Walmart, S&P Global & TotalEnergies Today's Research Daily features new research reports on 16 major stocks, including Walmart Inc. (WMT), S&P Global Inc. (SPGI) and TotalEnergies SE (TTE), as well as two micro-cap stocks Crown Crafts, Inc. (CRWS) and Friedman Industries, Inc. (FRD). Friedman Industries, Incorporated Announces Cash Dividend LONGVIEW, Texas, Dec. 03, 2024 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NYSE American: FRD) a Texas-based company engaged in steel processing, pipe manufacturing, and steel and pipe distribution, 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. This dividend ma Friedman Stock Declines Post Q2 Earnings on Lower Sales, Demand FRD faces declining sales and demand in second-quarter fiscal 2025, impacting its stock price. Friedman Industries, Incorporated Announces Second Quarter Results LONGVIEW, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the second fiscal quarter ended September 30, 2024. September 30, 2024 Quarter Highlights: Sales of approximately $106.8 millionWorking capital balance at quarter-end of approximately $111.7 millionOperating cash flow of approximately $10.8 million during the quarterDebt reduced 22% during the quarter “We experienced challenging conditions during The Zacks Analyst Blog The Home Depot, The Southern, Infosys, Kewaunee Scientific and Friedman Industries The Home Depot, The Southern, Infosys, Kewaunee Scientific and Friedman Industries are included in this Analyst Blog. Top Stock Reports for Home Depot, Southern Company & Infosys Today's Research Daily features new research reports on 16 major stocks, including The Home Depot, Inc. (HD), The Southern Company (SO) and Infosys Ltd. (INFY), as well as two micro-cap stocks Kewaunee Scientific Corp. (KEQU) and Friedman Industries, Inc. (FRD). Friedman Industries (FRD) Q1 Earnings and Revenues Decline Y/Y Friedman Industries' (FRD) overall topline is hurt by a year-over-year decline in sales across both segments. Friedman Industries, Incorporated Announces First Quarter Results LONGVIEW, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter ended June 30, 2024. June 30, 2024 Quarter Highlights: Net earnings of approximately $2.6 millionSales of approximately $114.6 millionWorking capital balance at quarter-end of approximately $123.6 million “We are pleased to report profitable results for our first quarter in a period of challenging price dynamics,” said Michael J. Tayl Zacks Initiates Coverage of Friedman Industries With Neutral Recommendation Find out why Zacks rates Friedman Industries as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore FRD's strategic expansions and financial health amid market challenges. Insider Buying: President / CEO / Director Mike Taylor Acquires Shares of Friedman Industries ... On June 17, 2024, Mike Taylor, President / CEO / Director of Friedman Industries Inc (FRD), purchased 10,000 shares of the company, as reported in a recent SEC Filing. Friedman Industries (FRD) Q4 Earnings Decline Y/Y, Margins Down Friedman Industries' (FRD) overall topline in fourth-quarter fiscal 2024 benefits from revenue growth in both segments. Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2024 Results LONGVIEW, Texas, June 11, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter and fiscal year ended March 31, 2024. March 31, 2024 Quarter Highlights: Net earnings of $5.0 millionSales of $132.2 million13% increase in sales volume over the preceding third quarter9% increase in sales volume over the prior year fourth quarter Fiscal Year March 31, 2024 Highlights: Net earnings of $17.3 million - second most profi 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 NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NYSE-American: FRD) a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on March 20, 2024, a cash dividend of $0.04 per share on the Common Stock of the Company. "Our future has never been brighter. We ar 15 Biggest Steel Companies in the US In this piece, we are going to look at 15 Biggest Steel Companies in the US. If you wish to skip our detailed analysis of the global steel industry, along with a quick peek at the U.S. market as well, you can go directly to 5 Biggest Steel Companies in the US. The steel market […] Friedman Industries Inc (FRD) Reports Mixed Q3 Results Amid Market Volatility Steel Manufacturer Sees Increased Sales Volume but Faces Hedging Losses 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 the third fiscal quarter ended December 31, 2023. December 31, 2023 Quarter Highlights: Sales of approximately $116.0 millionEarnings from operations of approximately $6.2 millionNet earnings of approximately $1.2 million11% increase in sales volume over prior year quarter volumeWorking capital balance at quarter-end of approximately $116.3 milli Jim Simons Adjusts Position in Friedman Industries Overview of Jim Simons (Trades, Portfolio)'s Recent Trade Renaissance Technologies, led by Jim Simons (Trades, Portfolio), has recently adjusted its holdings in Friedman Industries Inc (FRD), a company engaged in steel processing. The transaction was executed at a price of $15.46 per share, leaving the firm with a total of 374,782 shares in Friedman Industries, which now represents 0.01% of the portfolio and 5.38% of the company's outstanding shares. Performance Overview Trailing total returns as of 1/15/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return FRD S&P 500 YTD -6.37% +0.46% 1-Year -12.76% +24.04% 3-Year +24.34% +27.26%