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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25 Jun 21

This morning 143 companies set new 52-week highs.

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25 May 21

Friedman Industries Sees Q4 EPS $1.37-$1.52

25 May 21

Press releases

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Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2021 Results

7 Jul 21

LONGVIEW, Texas, July 07, 2021 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE – American; trading symbol: FRD) The Company announced today its results of operations for the quarter and year ended March

FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES CASH DIVIDEND

28 Jun 21

LONGVIEW, Texas, June 28, 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

Calendar

7 Jul 21

4 Aug 21

31 Mar 22

Financial summary

Financial statements Chart FRD financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 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 21	Mar 20	Mar 19	Mar 18
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)	8.19M	8.19M	8.19M	8.19M	8.19M	8.19M
Cash burn (monthly)	2.76M	738.9K	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	11.44M	3.06M	n/a	n/a	n/a	n/a
Cash remaining	-3.25M	5.13M	n/a	n/a	n/a	n/a
Runway (months of cash)	-1.2	6.9	n/a	n/a	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
12 Jul 21	Mike J Taylor	Common Stock	Buy	Aquire P	No	No	12.7	1,000	12.7K	115,000
9 Jul 21	Mike J Taylor	Common Stock	Buy	Aquire P	No	No	12.86	4,000	51.44K	114,000
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

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

Institutional ownership Q1 2021

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.

32.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	21	23	-8.7%
Opened positions	1	2	-50.0%
Closed positions	3	2	+50.0%
Increased positions	8	3	+166.7%
Reduced positions	6	9	-33.3%

13F shares	Current	Prev Q	Change
Total value	18.04M	15.55M	+16.0%
Total shares	2.23M	2.27M	-1.6%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Renaissance Technologies	558.52K	$4.52M	+2.7%
Dimensional Fund Advisors	543.51K	$4.4M	-1.7%
Bridgeway Capital Management	222.5K	$1.8M	0.0%
Vanguard	214.53K	$1.74M	+0.1%
Shufro Rose & Co	106.99K	$866K	-1.8%
HHM Wealth Advisors	99.4K	$804K	+34.8%
Acadian Asset Management	87.35K	$707K	+2.9%
MS Morgan Stanley	86.62K	$701K	-12.9%
Callahan Advisors	65.78K	$532K	+4.4%
California Public Employees Retirement System	55.06K	$445K	-11.0%

Largest transactions	Shares	Bought/sold	Change
LSV Asset Management	16.5K	-35.9K	-68.5%
HHM Wealth Advisors	99.4K	+25.65K	+34.8%
Renaissance Technologies	558.52K	+14.77K	+2.7%
Essex Investment Management	0	-14.4K	EXIT
MS Morgan Stanley	86.62K	-12.82K	-12.9%
Dimensional Fund Advisors	543.51K	-9.42K	-1.7%
California Public Employees Retirement System	55.06K	-6.83K	-11.0%
Callahan Advisors	65.78K	+2.78K	+4.4%
Acadian Asset Management	87.35K	+2.42K	+2.9%
Shufro Rose & Co	106.99K	-2K	-1.8%

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

Content analysis

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Readability	H.S. freshman Avg

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Removed: CEO, commercial, October, permit

From filing 10-K 2021 FY