Friedman Industries, Incorporated (FRD)

Over the past six months, Friedman Industries' stock increased by 28.05%, including a 46% increase leading up to September 3, 2025. Key events include strong first quarter fiscal 2025 results with sales of $134.8 million, the acquisition of Century Metals & Supplies, and a cash dividend declaration of $0.04 per share. Second quarter fiscal 2025 results showed record sales volume, but the stock declined 5.8% the next day. Recently, the stock decreased by 1.25% in the month leading up to November 21, 2025, and experienced a 10.14% loss over the preceding two weeks.

While specific seasonal patterns are not detailed, Friedman Industries anticipates a "holiday-related slowdown" during the third fiscal quarter, offset by the Century Metals & Supplies acquisition. Demand is influenced by holiday periods, fluctuations in hot-rolled coil (HRC) steel prices, and overall economic conditions. The company focuses on tailored and just-in-time deliveries to meet varying customer demands.

Friedman Industries, Inc. specializes in the manufacture and processing of steel products, operating in the Materials sector and Steel industry. It operates through Flat-Roll Products, processing hot-rolled steel coils into sheets and plates, and Tubular Products, manufacturing Electric Resistance Welded (ERW) pipe. The company serves diverse industries including construction, energy, automotive, and general manufacturing.

Headquartered in Longview, Texas, Friedman Industries has a North American market presence. It operates coil processing facilities in East Chicago, Indiana; Granite City, Illinois; Sinton, Texas; Hickman, Arkansas; Decatur, Alabama; Miami, Florida; and Orlando, Florida. Its tubular steel processing facility is in Lone Star, Texas.

Friedman Industries is known as a disciplined operator in the steel sector, emphasizing customer satisfaction and operational efficiency. Its consistent dividend policy enhances its appeal to investors. Events positively impacting its reputation include the transfer to the Nasdaq Global Select Market, the acquisition of Century Metals & Supplies, and strong financial performance.

Friedman Industries' ownership is distributed among institutional shareholders, individual insiders, and retail investors. Institutional shareholders hold between approximately 19.91% and 53.7% of the stock. Insiders own between 6.2% and 15.50%, while retail investors hold between 40.1% and 59.08%. Major institutional owners include Dimensional Fund Advisors LP, Vanguard Group Inc., and BlackRock, Inc. Key individual insiders include Jack 2. Friedman and Mike J. Taylor.