FRD Friedman Industries Dashboard

Friedman Industries, Inc. engages in the provision of manufacture and trade of steel products. It operates through the Coil, and Tubular segments. The Coil segment produces and markets hot-rolled steel and coils. The Tubular segment focuses on the operation of two electric resistance welded pipe mills with a combined outside diameter. The company was founded by Mendel Friedman in 1965 and is headquartered in Longview, TX.

Company profile

Ticker

FRD

Exchange

AMEX

Website

www.friedmanindustries.com

CEO

Michael J. Taylor

Incorporated

Texas

Location

Texas

Fiscal year end

Mar 31

Sector

Producer Manufacturing > Metal Fabrication

Industry (SIC)

Steel Works, Blast Furnaces & Rolling & Finishing Mills

General Steel • Worthington Industries • Gibraltar Industries • Haynes International • Insteel Industries • Mittal Steel USA • National Steel • Gerdau • Nippon Steel ...

SEC CIK

0000039092

Corporate docs

Articles of Incorporation & Bylaws

IRS number

741504405

FRD stock data

S&P 500

1M 1Y 2Y 5Y

News

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Press releases

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FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES CASH DIVIDEND

24 Mar 21

LONGVIEW, Texas, March 24, 2021 (GLOBE NEWSWIRE) -- The Board of Directors (the "Board") of Friedman Industries, Incorporated, a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe

Friedman Industries, Incorporated Announces Third Quarter Results

22 Feb 21

LONGVIEW, Texas, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE – American; trading symbol: FRD) - The Company announced today its results of operations for the third quarter. For the

Calendar

22 Feb 21

18 Apr 21

31 Mar 22

Financial summary

Financial statements Chart FRD financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Mar 20	Mar 19	Mar 18	Mar 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	16.49M	16.49M	16.49M	16.49M	16.49M	16.49M
Cash burn (monthly)	764.26K	487.29K	(positive/no burn)	218.59K	(positive/no burn)	(positive/no burn)
Cash used (since last report)	2.76M	1.76M	n/a	787.98K	n/a	n/a
Cash remaining	13.73M	14.73M	n/a	15.7M	n/a	n/a
Runway (months of cash)	18.0	30.2	n/a	71.8	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

FRD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Dec 20	Mike J Taylor	Common Stock	Buy	Aquire P	No	No	6.5	2,500	16.25K	110,000
1 Dec 20	Mike J Taylor	Common Stock	Buy	Aquire P	No	No	6.34	5,000	31.7K	107,500
30 Nov 20	Mike J Taylor	Common Stock	Buy	Aquire P	No	No	6.3	2,500	15.75K	102,500
1 Oct 20	Reichenthal Max Alan	Common Stock	Grant	Aquire A	No	No	0	1,725	0	10,925
1 Oct 20	Durga D Agrawal	Common Stock	Grant	Aquire A	No	No	0	1,725	0	10,925
1 Oct 20	Joel Spira	Common Stock	Grant	Aquire A	No	No	0	1,725	0	9,925
1 Oct 20	Stevenson Tim Scott	Common Stock	Grant	Aquire A	No	No	0	1,725	0	23,925

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

FRD institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

32.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	23	23	–
Opened positions	2	1	+100.0%
Closed positions	2	3	-33.3%
Increased positions	3	3	–
Reduced positions	9	8	+12.5%

13F shares	Current	Prev Q	Change
Total value	15.55M	13.89M	+11.9%
Total shares	2.27M	2.39M	-5.3%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Dimensional Fund Advisors	552.93K	$3.79M	-2.8%
Renaissance Technologies	543.75K	$3.73M	+4.7%
Bridgeway Capital Management	222.5K	$1.53M	0.0%
Vanguard	214.41K	$1.47M	0.0%
Shufro Rose & Co	108.99K	$748K	-2.2%
MS Morgan Stanley	99.44K	$682K	-5.2%
Acadian Asset Management	84.93K	$582K	0.0%
HHM Wealth Advisors	73.75K	$506K	0.0%
Callahan Advisors	63K	$432K	-2.3%
California Public Employees Retirement System	61.89K	$425K	0.0%

Largest transactions	Shares	Bought/sold	Change
Essex Investment Management	14.4K	-59.1K	-80.4%
Brandywine Global Investment Management	46.75K	-55.68K	-54.4%
Renaissance Technologies	543.75K	+24.51K	+4.7%
Dimensional Fund Advisors	552.93K	-15.66K	-2.8%
RY Royal Bank Of Canada	0	-8.48K	EXIT
LSV Asset Management	52.4K	-6.8K	-11.5%
MS Morgan Stanley	99.44K	-5.4K	-5.2%
Founders Capital Management	4K	+4K	NEW
BLK Blackrock	31.39K	-3.51K	-10.0%
Shufro Rose & Co	108.99K	-2.5K	-2.2%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: AOCI, back, component, computed, duration, fourth, half, longer, maximum, mentioned, notional, OCI, paused, rapidly, reclassified, SBA, slight, steady, succeeding, twelve, unrealized, variable

Removed: cliff, January, occurring, pay, recent, recoverable, unvested, vesting

From filing 10-Q 2021 Q3