FRD Friedman Industries
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
Website
CEO
Michael J. Taylor
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
741504405
FRD stock data
()
News
88 Biggest Movers From Yesterday
24 Feb 21
Stocks Making New 52-Week Highs/Lows For Tuesday, Feb. 23, 2021 (Via Benzinga Pro's Signals Tool)
23 Feb 21
10 Stocks Going Crazy Today On No News, Tuesday, Feb. 23, 2021 (Via Benzinga Pro's Movers Tool)
23 Feb 21
Stocks That Hit 52-Week Highs On Tuesday
23 Feb 21
Stocks Making New 52-Week Highs/Lows For Tuesday, Feb. 16, 2021 (Via Benzinga Pro's Signals Tool)
16 Feb 21
Calendar
22 Feb 21
18 Apr 21
31 Mar 22
Financial summary
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Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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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 |
Recent insider trades
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 |
Institutional ownership Q4 2020
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 |
---|---|
Total holders | 23 |
Opened positions | 2 |
Closed positions | 2 |
Increased positions | 3 |
Reduced positions | 9 |
13F shares |
Current |
---|---|
Total value | 15.55M |
Total shares | 2.27M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners |
Shares | Value |
---|---|---|
Dimensional Fund Advisors | 552.93K | $3.79M |
Renaissance Technologies | 543.75K | $3.73M |
Bridgeway Capital Management | 222.5K | $1.53M |
Vanguard | 214.41K | $1.47M |
Shufro Rose & Co | 108.99K | $748K |
MS Morgan Stanley | 99.44K | $682K |
Acadian Asset Management | 84.93K | $582K |
HHM Wealth Advisors | 73.75K | $506K |
Callahan Advisors | 63K | $432K |
California Public Employees Retirement System | 61.89K | $425K |
Content analysis
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H.S. freshman Avg
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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
Financial reports
10-Q
2021 Q3
Quarterly report
22 Feb 21
NT 10-Q
Notice of late quarterly filing
16 Feb 21
10-Q
2021 Q2
Quarterly report
16 Nov 20
10-Q
2021 Q1
Quarterly report
14 Aug 20
10-K
2020 FY
Annual report
28 Jun 20
10-Q
2020 Q3
Quarterly report
14 Feb 20
10-Q
2020 Q2
Quarterly report
14 Nov 19
10-Q
2020 Q1
Quarterly report
13 Aug 19
10-K
2019 FY
Annual report
1 Jul 19
10-Q
2019 Q3
Quarterly report
13 Feb 19
Current reports
8-K
Entry into a Material Definitive Agreement
10 Mar 21
8-K
Friedman Industries, Incorporated Announces Third Quarter Results
22 Feb 21
8-K
Friedman Industries, Incorporated Announces Second Quarter Results
16 Nov 20
8-K
Submission of Matters to a Vote of Security Holders
14 Sep 20
8-K
Friedman Industries, Incorporated Announces First Quarter Results
14 Aug 20
8-K
Friedman Industries, Incorporated Announces Share Repurchase Program and Fourth Quarter and Fiscal Year 2020 Results
28 Jun 20
8-K
Friedman Industries, Incorporated Announces Second Quarter Results
18 Nov 19
8-K
Departure of Directors or Certain Officers
18 Sep 19
8-K
Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2019 Results
1 Jul 19
8-K/A
Departure of Directors or Certain Officers
19 Mar 19
Proxies
DEF 14A
Definitive proxy
28 Jul 20
DEF 14A
Definitive proxy
26 Jul 19
DEF 14A
Definitive proxy
19 Jul 18
DEF 14A
Definitive proxy
19 Jul 17
DEF 14A
Definitive proxy
19 Jul 16
DEF 14A
Definitive proxy
26 Jul 15
PRE 14A
Preliminary proxy
16 Jul 15
DEF 14A
Definitive proxy
16 Jul 14
DEFA14A
Additional proxy soliciting materials
14 Aug 13
DEF 14A
Definitive proxy
18 Jul 13
Ownership
SC 13G/A
FRIEDMAN INDUSTRIES / DIMENSIONAL FUND ADVISORS ownership change
12 Feb 21
SC 13G/A
FRIEDMAN INDUSTRIES / RENAISSANCE TECHNOLOGIES ownership change
11 Feb 21
4
FRIEDMAN INDUSTRIES / Mike J Taylor ownership change
2 Dec 20
4
FRIEDMAN INDUSTRIES / Tim Scott Stevenson ownership change
6 Oct 20
4
FRIEDMAN INDUSTRIES / JOE L WILLIAMS ownership change
6 Oct 20
4
FRIEDMAN INDUSTRIES / Durga D Agrawal ownership change
6 Oct 20
4
FRIEDMAN INDUSTRIES / Joel Spira ownership change
6 Oct 20
4
FRIEDMAN INDUSTRIES / Max Alan Reichenthal ownership change
6 Oct 20
4
FRIEDMAN INDUSTRIES / Mike J Taylor ownership change
26 Aug 20
4
FRIEDMAN INDUSTRIES / Mike J Taylor ownership change
24 Aug 20
Reddit threads
Daily Discussion Thread - February 19th, 2021
19 Feb 21
Daily Discussion Thread - February 18th, 2021
18 Feb 21
Daily Discussion Thread - February 17th, 2021
17 Feb 21
Daily Discussion Thread - February 12th, 2021
12 Feb 21
Daily Discussion Thread - February 11th, 2021
11 Feb 21
Today seems to be a red day
10 Feb 21
Daily Discussion Thread - February 10th, 2021
10 Feb 21
Daily Discussion Thread - February 9th, 2021
9 Feb 21
Daily Discussion Thread - November 12th, 2020
12 Nov 20
Daily Discussion Thread - November 11th, 2020
11 Nov 20