Stock events for Friedman Industries, Inc. (FRD)
Over the past six months, Friedman Industries' stock has declined by 19.93%. The company announced cash dividends on March 26, 2026, December 16, 2025, and September 18, 2025. The expansion of its Sinton, Texas facility led to a 2.32% stock increase. Third quarter results announced on February 9, 2026, saw the stock gain 7.90%, while second quarter results on November 10, 2025, resulted in a 5.83% decrease. The CEO and COO made open-market purchases of common stock. In September 2025, the stock experienced a 46% gain after a shaky period.
Demand Seasonality affecting Friedman Industries, Inc.’s stock price
Friedman Industries exhibits seasonal tendencies in its stock performance. December has been the strongest month, with an average return of 4.71%, while February tends to be the weakest, averaging a -3.23% return. The company has an average annual return of 8.75%. The seasonal pattern for FRD has a consistency score of 40.2, which is considered 'Poor,' indicating that these patterns are not always reliable.
Overview of Friedman Industries, Inc.’s business
Friedman Industries, Inc. is a Texas-based steel manufacturer and processor, publicly traded since 1972, operating in the Materials sector. It operates through Flat-Roll Products, which processes hot-rolled coils into sheets and plates and Tubular Products, which manufactures line pipe and structural pipes using ERW pipe mills. The acquisition of Century Metals expanded its product portfolio to include various metals and coil slitting capabilities.
FRD’s Geographic footprint
Friedman Industries has operating plants and facilities in Hickman, Arkansas; Decatur, Alabama; East Chicago, Indiana; Granite City, Illinois; Sinton, Texas; Miami, Florida; and Lone Star, Texas. It also has distribution and warehouse facilities in Orlando and Tampa, Florida, associated with Century Metals. The acquisition of Century Metals expanded its presence into the southeastern U.S. and Latin American markets.
FRD Corporate Image Assessment
Direct information regarding Friedman Industries' specific brand reputation is not available. The company's financial performance and market sensitivity can indirectly influence its reputation. Its past performance has been characterized by extreme volatility, reflecting its sensitivity to the steel market cycle, which could negatively affect its reputation for stability.
Ownership
35 institutional investors and hedge funds held shares of Friedman Industries. Major institutional owners include Dimensional Fund Advisors LP, Vanguard Group Inc., and Renaissance Technologies LLC. The CEO, Mike J. Taylor, directly owns 222,666 shares.
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$17.83