Friedman Industries, Incorporated
Friedman Industries, Incorporated
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Overview
What the company does, where it operates, and who runs it.
About Friedman Industries, Incorporated
- Industry
- Steel
- Sector
- Basic Materials
- CEO
- Michael J. Taylor
- Headquarters
- 1121 Judson Road, Longview, TX, US
- Industry
- Steel
- Sector
- Basic Materials
- CEO
- Michael J. Taylor
- Headquarters
- 1121 Judson Road, Longview, TX, US
Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. It operates in two segments, Coil and Tubular.
The Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils. This segment also processes customer-owned coils on a fee basis.
The company sells coil products and processing services to approximately 230 customers located primarily in the midwestern, southwestern and southeastern regions of the United States.
Its principal customers for these products and services are steel distributors and customers manufacturing steel products, such as steel buildings, railroad cars, barges, tanks and containers, trailers, component parts and other fabricated steel products.
The Tubular segment manufactures line and oil country pipes, as well as pipes for structural applications. This segment sells its tubular products principally to steel and pipe distributors through its own sales force. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas.
Media
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Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Friedman Industries, Incorporated, and the rating behind it. FRD last traded at $43.28, 11.2× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Friedman Industries, Incorporated. Starting points for Friedman Industries, Incorporated: P/E 11.2, EPS $3.86, beta 1.62 — an Steel name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Friedman Industries, Incorporated. Friedman Industries, Incorporated paid $0.16 per share over the last year — a 0.4% yield at the current $43.28 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Friedman Industries, Incorporated. Trailing twelve-month EPS for Friedman Industries, Incorporated stands at $3.86. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Friedman Industries, Incorporated. Friedman Industries, Incorporated has reported as a listed company since 1980. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Friedman Industries, Incorporated valued side by side against its closest peers. Friedman Industries, Incorporated is measured against Steel peers within the Basic Materials sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Friedman Industries, Incorporated, and how their positions are changing. At a $312.2M market value, institutional positions materially move Friedman Industries, Incorporated's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Friedman Industries, Incorporated executives and directors. Shares of Friedman Industries, Incorporated have traded between $12.24 and $23.50 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Friedman Industries, Incorporated. Friedman Industries, Incorporated is a $312.2M Basic Materials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Friedman Industries, Incorporated. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Friedman Industries, Incorporated. Coverage tracks Friedman Industries, Incorporated within Steel (Basic Materials). Press releases and market coverage, newest first.