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FRD

Friedman Industries, Incorporated

FRD

NASDAQ·Basic Materials·Steel·Mkt cap $328.9M

$45.60

+0.53%

P/E

14.03

Mkt Cap

$328.9M

52-Wk Range

$16.55–$48.77

52-Week Range

$16.55 - $48.77

P/E

14.03

Fwd P/E

Beta

1.62

Div Yield

0.35%

Avg Vol

73.5K

Shares Out

7.1M

Mkt Cap

$328.9M

Price action

Price chart

Up 101.6% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Established 55+ year operational history with deep customer relationships and market knowledge
  • Integrated business model spanning processing, manufacturing, and distribution across the steel value chain
  • Specialized processing capabilities and fee-based service model providing recurring revenue streams
  • Strategic geographic positioning serving high-demand midwestern, southwestern, and southeastern markets

Bear Case

1 risk

  • Above-average volatility (beta 1.6).

Growth

No forward estimates available

Infrastructure spending and construction demand driving steel consumption

Value

Valuation data unavailable

Momentum

Hot

+84.9% over 3m

Quality

Thin

Excellent business quality

Dividend

Token

0.35% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 4, 2026

Q3 26 RECAP

AUG 6, 2026

Most recent quarter reported revenue of $240.0M (+78% YoY). Reported EPS of $1.79. Gross margin 0.0%.

Reported EPS · last 4Q

0 of 1 beats

Q3 26

Revenue trend · last 8Q

-19%

-2%

+18%

+43%

+79%

+78%

Q1 24

Q2 24

Q3 24

Q4 25

Q1 25

Q2 25

Q3 25

Q1 27

$114.6M

$106.8M

$94.1M

$129.2M

$134.8M

$152.4M

$168.0M

$240.0M

Margins · last 8Q

Gross

0.0%

Operating

8.8%

Profit

5.3%

Wall Street consensus

Analyst coverage

Live ratings and price targets aggregated across covering analysts.

vs Industry

How FRD stacks vs Steel

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.