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Friedman Industries Inc

FRD
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20.600USD
-0.300-1.44%
Close 05/15, 16:00ETQuotes delayed by 15 min
146.51MMarket Cap
9.26P/E TTM

Friedman Industries Inc

20.600
-0.300-1.44%
View Detailed Chart
Intraday
1m
30m
1h
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M
D

Today

-1.44%

5 Days

-4.85%

1 Month

+8.82%

6 Months

-8.93%

Year to Date

+0.54%

1 Year

+25.99%

Key Insights

Friedman Industries Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 85 out of 117 in the Metals & Mining industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend up.Despite a good stock market performance and strong technicals over the past month, the fundamentals don't support 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
85 / 117
Overall Ranking
381 / 4482
Industry
Metals & Mining

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Neutral

Friedman Industries Inc Highlights

StrengthsRisks
Friedman Industries, Incorporated is a manufacturer and processor of steel products. The Company has two segments: flat-roll products and tubular products. The flat-roll product segment consists of operations in Hickman, Decatur, East Chicago, Granite City and Sinton, where it processes hot-rolled steel coils. The Hickman, East Chicago and Granite City facilities operate temper mills and corrective leveling cut-to-length lines. The Sinton and Decatur facilities operate stretcher-leveler cut-to-length lines. The tubular product segment consists of operations in Lone Star, where it manufactures electric resistance welded pipe and distributes pipe through its Texas Tubular Products division. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD) 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.
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 1.03, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 3.84M shares, decreasing 5.03% quarter-over-quarter.
Held by Invesco
Star Investor Invesco holds 3.51K shares of this stock.

Analyst Rating

Based on 0 analysts
--
Current Rating
--
Target Price
--
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 News

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Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Friedman Industries Inc Info

Friedman Industries, Incorporated is a manufacturer and processor of steel products. The Company has two segments: flat-roll products and tubular products. The flat-roll product segment consists of operations in Hickman, Decatur, East Chicago, Granite City and Sinton, where it processes hot-rolled steel coils. The Hickman, East Chicago and Granite City facilities operate temper mills and corrective leveling cut-to-length lines. The Sinton and Decatur facilities operate stretcher-leveler cut-to-length lines. The tubular product segment consists of operations in Lone Star, where it manufactures electric resistance welded pipe and distributes pipe through its Texas Tubular Products division. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD) 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.
Ticker SymbolFRD
CompanyFriedman Industries Inc
CEOTaylor (Michael J)
Websitehttps://www.friedmanindustries.com/
KeyAI