Friedman Industries, Incorporated (FRD)Basic Materials | Steel | Longview, United States | NasdaqGS
43.72 USD
-1.12
(-2.498%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 44.37 +0.65 (1.487%) ⇧ (Aug. 28, 2026, 7:45 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:13 a.m. EDT
The immediate outlook is aggressively bullish, driven by a powerful technical breakout where the stock surged past its 52-week high of $48.77 within the last two weeks, signaling strong institutional interest and momentum. This price action is underpinned by robust fundamentals: the company reported record quarter results with sales surging, while the balance sheet remains fortress-like with a current ratio of nearly 3.0 and a healthy return on equity of 18%. Although the statistical forecasting model offers only a weak lean due to low confidence, the confluence of a massive 206% cumulative gain over the last nine years, zero consecutive years of decline, and accelerating earnings growth justifies a high-conviction entry for the near term. However, investors should note that the dividend yield is negligible at less than 0.4%, reflecting a capital allocation strategy focused entirely on reinvestment and growth rather than income distribution. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.175519 |
| AutoTheta | 0.245067 |
| AutoETS | 0.331690 |
| MSTL | 0.337062 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 37% |
| H-stat | 0.35 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.580 |
| Excess Kurtosis | -0.66 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Ex Dividend Date | 2026-07-16 |
| Last Dividend Date | 2026-07-16 |
| Debt to Equity Ratio | 61.724 |
| Revenue per Share | 107.888 |
| Market Cap | 315,343,232 |
| Trailing P/E | 11.69 |
| Beta | 1.59 |
| Profit Margins | 3.63% |
| Website | https://friedmanindustries.com |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.12% | 0.71% | 0.84% | 0.82% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-17 | 0.040000 | 0.117336 |
| 2026-04-24 | 0.040000 | 0.194932 |
| 2026-01-16 | 0.040000 | 0.206186 |
| 2025-10-24 | 0.040000 | 0.188324 |
| 2025-07-18 | 0.040000 | 0.260926 |
| 2025-04-25 | 0.040000 | 0.233236 |
| 2025-01-17 | 0.040000 | 0.286738 |
| 2024-10-25 | 0.040000 | 0.280899 |
| 2024-07-26 | 0.040000 | 0.231481 |
| 2024-04-25 | 0.040000 | 0.206292 |
| 2024-01-18 | 0.020000 | 0.126984 |
| 2023-10-19 | 0.020000 | 0.173913 |
| 2023-07-20 | 0.020000 | 0.140351 |
| 2023-04-27 | 0.020000 | 0.179695 |
| 2023-01-12 | 0.020000 | 0.190295 |
| 2022-10-13 | 0.020000 | 0.264201 |
| 2022-07-21 | 0.020000 | 0.250000 |
| 2022-04-28 | 0.020000 | 0.225734 |
| 2022-01-13 | 0.020000 | 0.169062 |
| 2021-10-07 | 0.020000 | 0.167926 |
| 2021-07-15 | 0.020000 | 0.155521 |
| 2021-04-22 | 0.020000 | 0.247525 |
| 2021-01-07 | 0.020000 | 0.279330 |
| 2020-10-08 | 0.020000 | 0.338983 |
| 2020-07-16 | 0.020000 | 0.384615 |
| 2020-04-23 | 0.020000 | 0.479616 |
| 2020-01-09 | 0.020000 | 0.333890 |
| 2019-10-10 | 0.020000 | 0.310078 |
| 2019-07-18 | 0.040000 | 0.643087 |
| 2019-04-25 | 0.040000 | 0.533333 |
| 2019-01-10 | 0.060000 | 0.738007 |
| 2018-10-11 | 0.060000 | 0.693642 |
| 2018-07-12 | 0.030000 | 0.326087 |
| 2018-04-26 | 0.020000 | 0.330579 |
| 2018-01-11 | 0.010000 | 0.178571 |
| 2017-10-12 | 0.010000 | 0.165837 |
| 2017-07-12 | 0.010000 | 0.185185 |
| 2017-04-26 | 0.010000 | 0.156740 |
| 2017-01-11 | 0.010000 | 0.140252 |
| 2016-10-12 | 0.010000 | 0.187970 |
| 2016-07-13 | 0.010000 | 0.172117 |
| 2016-04-27 | 0.010000 | 0.163132 |
| 2016-01-13 | 0.010000 | 0.210526 |
| 2015-10-14 | 0.010000 | 0.164745 |
| 2015-07-15 | 0.010000 | 0.160772 |
| 2015-04-29 | 0.010000 | 0.155039 |
| 2015-01-14 | 0.020000 | 0.309119 |
| 2014-10-15 | 0.020000 | 0.264901 |
| 2014-07-16 | 0.020000 | 0.236967 |
| 2014-04-23 | 0.020000 | 0.235294 |
| 2014-01-15 | 0.020000 | 0.231481 |
| 2013-10-16 | 0.080000 | 0.800000 |
| 2013-07-17 | 0.080000 | 0.804829 |
| 2013-04-17 | 0.080000 | 0.852878 |
| 2013-01-16 | 0.130000 | 1.172227 |
| 2012-12-14 | 0.500000 | 4.970179 |
| 2012-10-17 | 0.130000 | 1.224105 |
| 2012-07-18 | 0.130000 | 1.334702 |
| 2012-04-11 | 0.130000 | 1.192661 |
| 2012-01-18 | 0.130000 | 1.102629 |
| 2011-10-19 | 0.130000 | 1.368421 |
| 2011-07-20 | 0.130000 | 1.080632 |
| 2011-04-13 | 0.110000 | 1.070039 |
| 2011-01-19 | 0.110000 | 1.203501 |
| 2010-12-15 | 0.500000 | 5.714286 |
| 2010-10-20 | 0.080000 | 1.176471 |
| 2010-07-21 | 0.040000 | 0.742115 |
| 2010-04-21 | 0.010000 | 0.158730 |
| 2010-01-20 | 0.010000 | 0.176367 |
| 2009-10-21 | 0.010000 | 0.167504 |
| 2009-07-22 | 0.030000 | 0.527241 |
| 2009-04-22 | 0.050000 | 0.924214 |
| 2009-01-21 | 0.120000 | 2.154398 |
| 2008-10-22 | 0.120000 | 2.474227 |
| 2008-07-23 | 0.080000 | 1.079622 |
| 2008-04-23 | 0.050000 | 0.943396 |
| 2008-01-23 | 0.060000 | 1.111111 |
| 2007-10-24 | 0.080000 | 0.937866 |
| 2007-07-25 | 0.080000 | 0.872410 |
| 2007-04-25 | 0.080000 | 0.812183 |
| 2007-01-24 | 0.100000 | 0.904159 |
| 2006-10-18 | 0.080000 | 0.917431 |
| 2006-07-26 | 0.080000 | 0.946746 |
| 2006-04-26 | 0.080000 | 0.756859 |
| 2006-01-25 | 0.080000 | 1.081081 |
| 2005-10-19 | 0.080000 | 1.292407 |
| 2005-07-27 | 0.080000 | 1.103448 |
| 2005-04-27 | 0.080000 | 1.232666 |
| 2005-01-26 | 0.080000 | 0.720721 |
| 2004-10-20 | 0.080000 | 1.342282 |
| 2004-07-28 | 0.050000 | 0.843170 |
| 2004-04-28 | 0.020000 | 0.534759 |
| 2004-01-28 | 0.020000 | 0.500000 |
| 2003-10-22 | 0.028000 | 0.912052 |
| 2003-07-23 | 0.030000 | 1.185771 |
| 2003-04-23 | 0.020000 | 0.829875 |
| 2003-01-29 | 0.030000 | 1.195219 |
| 2002-10-16 | 0.020000 | 0.826446 |
| 2002-07-17 | 0.020000 | 0.763359 |
| 2002-04-24 | 0.010000 | 0.375940 |
| 2002-01-23 | 0.030000 | 1.200000 |
| 2001-10-17 | 0.030000 | 1.250000 |
| 2001-07-18 | 0.040000 | 1.253918 |
| 2001-04-25 | 0.040000 | 1.449275 |
| 2001-01-24 | 0.040000 | 1.391304 |
| 2000-10-18 | 0.040000 | 1.122807 |
| 2000-07-19 | 0.040000 | 1.122807 |
| 2000-04-26 | 0.040000 | 1.185185 |
| 2000-01-19 | 0.047619 | 1.249999 |
| 1999-10-13 | 0.047619 | 1.428570 |
| 1999-07-21 | 0.045714 | 1.199992 |
| 1999-01-20 | 0.065306 | 1.476920 |
| 1998-10-14 | 0.065306 | 1.439997 |
| 1998-07-22 | 0.065306 | 1.037836 |
| 1998-04-29 | 0.068027 | 1.052628 |
| 1998-01-21 | 0.064788 | 1.153849 |
| 1997-10-08 | 0.064788 | 0.821920 |
| 1997-07-16 | 0.060469 | 1.142864 |
| 1997-04-23 | 0.050103 | 1.131717 |
| 1997-01-22 | 0.049362 | 1.010523 |
| 1996-10-09 | 0.041135 | 0.999997 |
| 1996-07-17 | 0.041135 | 1.194026 |
| 1996-04-24 | 0.039490 | 1.238719 |
| 1996-01-17 | 0.035259 | 1.180338 |
| 1995-10-04 | 0.039176 | 1.194020 |
| 1995-07-12 | 0.039176 | 1.290312 |
| 1995-04-17 | 0.039176 | 1.081072 |
| 1995-01-13 | 0.044773 | 1.432838 |
| 1994-10-03 | 0.037311 | 1.290330 |
| 1994-07-11 | 0.037311 | 1.194037 |
| 1994-04-11 | 0.029849 | 0.914298 |
| 1994-01-14 | 0.028427 | 0.876704 |
| 1993-10-04 | 0.028427 | 1.015864 |
| 1993-07-12 | 0.021320 | 0.749985 |
| 1993-04-02 | 0.021320 | 0.999979 |
| 1993-01-11 | 0.020305 | 1.090900 |
| 1992-10-05 | 0.020305 | 1.199990 |
| 1992-07-13 | 0.013537 | 0.666677 |
| 1992-04-06 | 0.013537 | 0.571438 |
| 1992-01-06 | 0.019338 | 1.333315 |
| 1991-09-30 | 0.012892 | 0.799989 |
| 1991-06-28 | 0.019338 | 1.263141 |
| 1991-04-08 | 0.019338 | 1.090894 |
| 1991-01-07 | 0.030696 | 1.739149 |
| 1990-10-01 | 0.024557 | 1.333359 |
| 1990-06-29 | 0.030696 | 1.111123 |
| 1990-04-06 | 0.036835 | 1.846164 |
| 1990-01-08 | 0.030696 | 1.600018 |
| 1989-10-02 | 0.030696 | 1.250014 |
| 1989-06-30 | 0.055252 | 2.322572 |
| 1989-04-03 | 0.030696 | 1.025652 |
| 1989-01-09 | 0.087702 | 2.790701 |
| 1988-10-03 | 0.058468 | 2.424245 |
| 1988-07-01 | 0.058468 | 2.051284 |
| 1988-04-04 | 0.105242 | 3.599991 |
| 1988-03-21 | 2.784187 | 97.560966 |
| 1988-01-04 | 0.139209 | 2.325576 |
| 1987-10-06 | 0.083526 | 1.558449 |
| 1987-07-06 | 0.037122 | 0.848474 |
| 1987-04-28 | 0.037122 | 0.727263 |
| 1987-01-05 | 0.037122 | 0.811583 |
| Attribute | Value |
|---|---|
| 52 Week Change | 1.0521739 |
| Address1 | 1,121 Judson Road |
| Address2 | Suite 124 |
| All Time High | 48.77 |
| All Time Low | 1.289218 |
| Ask | 44.1 |
| Ask Size | 1 |
| Audit Risk | 9 |
| Average Daily Volume10 Day | 72,940 |
| Average Daily Volume3 Month | 90,659 |
| Average Volume | 90,659 |
| Average Volume10Days | 72,940 |
| Beta | 1.588 |
| Bid | 32.15 |
| Bid Size | 2 |
| Board Risk | 9 |
| Book Value | 22.758 |
| City | Longview |
| Compensation As Of Epoch Date | 1,798,675,200 |
| Compensation Risk | 6 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 43.72 |
| Current Ratio | 2.902 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 45.785 |
| Day Low | 43.65 |
| Debt To Equity | 61.724 |
| Dividend Date | 1,786,060,800 |
| Dividend Rate | 0.16 |
| Dividend Yield | 0.36 |
| Earnings Growth | 1.521 |
| Earnings Quarterly Growth | 1.543 |
| Earnings Timestamp | 1,781,208,000 |
| Earnings Timestamp End | 1,793,822,400 |
| Earnings Timestamp Start | 1,793,822,400 |
| Ebitda | 44,988,000 |
| Ebitda Margins | 0.05982 |
| Enterprise To Ebitda | 9.15 |
| Enterprise To Revenue | 0.547 |
| Enterprise Value | 411,636,224 |
| Eps Trailing Twelve Months | 3.74 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,784,246,400 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 37.4178 |
| Fifty Day Average Change | 6.3022003 |
| Fifty Day Average Change Percent | 0.16842787 |
| Fifty Two Week Change Percent | 105.217384 |
| Fifty Two Week High | 48.77 |
| Fifty Two Week High Change | -5.049999 |
| Fifty Two Week High Change Percent | -0.103547245 |
| Fifty Two Week Low | 16.55 |
| Fifty Two Week Low Change | 27.170002 |
| Fifty Two Week Low Change Percent | 1.641692 |
| Fifty Two Week Range | 16.55 - 48.77 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 322,151,400,000 |
| Five Year Avg Dividend Yield | 0.77 |
| Float Shares | 6,736,530 |
| Free Cashflow | -51,418,500 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 381 |
| Fullday Change | -1.12 |
| Fullday Change Percent | -2.49777 |
| Fullday Price | 44.37 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.14503 |
| Gross Profits | 109,075,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.06597 |
| Held Percent Institutions | 0.54363996 |
| Implied Shares Outstanding | 7,212,791 |
| Industry | Steel |
| Industry Disp | Steel |
| Industry Key | steel |
| Ipo Expected Date | 2,025-04-08 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Dividend Date | 1,784,246,400 |
| Last Dividend Value | 0.04 |
| Last Fiscal Year End | 1,774,915,200 |
| Last Split Date | 956,707,200 |
| Last Split Factor | 105:100 |
| Long Business Summary | Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. The company operates in two segments, Flat-Roll Products and Tubular Products. The Flat-Roll Product segment is involved in the operation of hot-rolled coil processing facilities to cut the coils into sheets and plates, as well as the provision of process and storage services for customer-owned coils on a fee basis. The Tubular Product segment manufactures line and oil country pipes, as well as pipes for structural applications. The company serves metals distributors and customers manufacturing products, such as metal buildings, railcars, heavy equipment, tanks and containers, trailers, component parts, and other fabricated metal products. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas. |
| Long Name | Friedman Industries, Incorporated |
| Market | us_market |
| Market Cap | 315,343,232 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_273703 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 26,753,000 |
| Next Fiscal Year End | 1,806,451,200 |
| Non Diluted Market Cap | 323,421,548 |
| Open | 45.21 |
| Operating Cashflow | 365,000 |
| Operating Margins | 0.08765 |
| Overall Risk | 8 |
| Payout Ratio | 0.0417 |
| Phone | 903 758 3431 |
| Post Market Change | 0.6499977 |
| Post Market Change Percent | 1.4867284 |
| Post Market Price | 44.37 |
| Post Market Time | 1,787,960,759 |
| Previous Close | 44.84 |
| Price Hint | 2 |
| Price To Book | 1.9210829 |
| Price To Sales Trailing12 Months | 0.41927975 |
| Profit Margins | 0.03628 |
| Quick Ratio | 0.954 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -1.12 |
| Regular Market Change Percent | -2.49777 |
| Regular Market Day High | 45.785 |
| Regular Market Day Low | 43.65 |
| Regular Market Day Range | 43.65 - 45.785 |
| Regular Market Open | 45.21 |
| Regular Market Previous Close | 44.84 |
| Regular Market Price | 43.72 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 36,373 |
| Return On Assets | 0.08637 |
| Return On Equity | 0.18106002 |
| Revenue Growth | 0.781 |
| Revenue Per Share | 107.888 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Share Holder Rights Risk | 5 |
| Shares Outstanding | 7,212,791 |
| Shares Percent Shares Out | 0.0187 |
| Shares Short | 134,689 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 138,961 |
| Short Name | Friedman Industries Inc. |
| Short Percent Of Float | 0.0197 |
| Short Ratio | 1.38 |
| Source Interval | 15 |
| State | TX |
| Symbol | FRD |
| Total Cash | 5,028,000 |
| Total Cash Per Share | 0.697 |
| Total Debt | 101,321,000 |
| Total Revenue | 752,107,008 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.16 |
| Trailing Annual Dividend Yield | 0.0035682425 |
| Trailing Eps | 3.74 |
| Trailing P E | 11.68984 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 24.55435 |
| Two Hundred Day Average Change | 19.165651 |
| Two Hundred Day Average Change Percent | 0.78054 |
| Type Disp | Equity |
| Volume | 36,373 |
| Website | https://friedmanindustries.com |
| Zip | 75,601 |