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Friedman Industries Inc

FRD
View Detailed Chart
21.240USD
-0.440-2.03%
Close 11/06, 16:00ETQuotes delayed by 15 min
149.94MMarket Cap
17.73P/E TTM

Friedman Industries Inc

21.240
-0.440-2.03%
Intraday
1m
30m
1h
D
W
M
D

Today

-2.03%

5 Days

+1.97%

1 Month

+3.26%

6 Months

+39.74%

Year to Date

+38.91%

1 Year

+40.57%

View Detailed Chart

Key Insights

The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. The company is performing well in the stock market, with strong fundamentals and technicals supporting the current trend. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Friedman Industries Inc's Score

Industry at a Glance

Industry Ranking
84 / 120
Overall Ranking
306 / 4615
Industry
Metals & Mining

Support & Resistance

No Data

Score Analysis

Current score
Previous score

Analyst Rating

Based on 0 analysts
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Current Rating
--
Target Price
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Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Friedman Industries Inc Highlights

StrengthsRisks
Friedman Industries, Incorporated is a manufacturer and processor of steel products. Its segments include flat-roll products and tubular products. The flat-roll product 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, Granite City and East Chicago facilities operate temper mills and cut-to-length lines. The Decatur and Sinton facilities operate stretcher leveler cut-to-length lines. The tubular product segment consists of the Company's Texas Tubular Products division (TTP) located in Lone Star, Texas. TTP operates two electric resistance welded pipe mills with a combined outside diameter size range of 2 3/8 OD to 8 5/8 OD. Both pipe mills are American Petroleum Institute (API) licensed to manufacture line pipe and oil country pipe and also manufacture pipe for structural purposes that meets other recognized industry standards.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 18.39%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 18.39%.
Overvalued
The company’s latest PB is 1.09, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 4.19M shares, increasing 4.32% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 356.97K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.49.

Friedman Industries Inc News

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Financial Indicators

EPS

No Data

Total revenue

No Data

Friedman Industries Inc Info

Friedman Industries, Incorporated is a manufacturer and processor of steel products. Its segments include flat-roll products and tubular products. The flat-roll product 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, Granite City and East Chicago facilities operate temper mills and cut-to-length lines. The Decatur and Sinton facilities operate stretcher leveler cut-to-length lines. The tubular product segment consists of the Company's Texas Tubular Products division (TTP) located in Lone Star, Texas. TTP operates two electric resistance welded pipe mills with a combined outside diameter size range of 2 3/8 OD to 8 5/8 OD. Both pipe mills are American Petroleum Institute (API) licensed to manufacture line pipe and oil country pipe and also manufacture pipe for structural purposes that meets other recognized industry standards.
Ticker SymbolFRD
CompanyFriedman Industries Inc
CEOMr. Michael J. (Mike) Taylor
Websitehttps://www.friedmanindustries.com/
KeyAI