Friedman Industries Inc. (FRD) News
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FRD News Highlights
- FRD's 30 day story count now stands at 3.
- Over the past 6 days, the trend for FRD's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- DEC, PAY and SHOT are the most mentioned tickers in articles about FRD.
Latest FRD News From Around the Web
Below are the latest news stories about FRIEDMAN INDUSTRIES INC that investors may wish to consider to help them evaluate FRD as an investment opportunity.
Sizing Up Prospects for 3 Steel Stocks in the Wake of the Deal for U.S. SteelShares of U.S. Steel shot higher by 25% on Monday on news that the company will be acquired by Nippon Steel, Japan's largest steelmaker, for $14.9 billion. Created as the United States Steel Company in 1901, the iconic brand essentially began as a partnership that included business titans Andrew Carnegie, J.P. Morgan and Charles Schwab. The weak yen makes the deal more expensive from Nippon Steel's perspective, but the Tokyo-based steelmaker is willing to pay the price. |
FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES SHARE REPURCHASE AND AUTHORIZATION OF ADDITIONAL SHARE REPURCHASE PROGRAMLONGVIEW, Texas, Dec. 18, 2023 (GLOBE NEWSWIRE) -- On December 13, 2023, Friedman Industries, Incorporated (the “Company”) repurchased 400,041 shares of the Company’s common stock from Metal One Corporation for an aggregate repurchase price of approximately $5.1 million. After the repurchase, the Company had 6,971,824 shares of common stock outstanding. In addition, the Board of Directors authorized a share repurchase program on December 13, 2023 under which the Company may repurchase up to 1,04 |
FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES CASH DIVIDENDLONGVIEW, Texas, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE—American; Trading Symbol: FRD) The Board of Directors (the “Board”) of Friedman Industries, Incorporated, a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on December 13, 2023, a cash dividend of $0.02 per share on the Common Stock of the Company. The Company will pay the cash dividend on February 16, 2024 to shareholders of record at the close |
Friedman Industries, Incorporated Announces Second Quarter Results and Provides Update on Strategic Growth InitiativesLONGVIEW, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter ended September 30, 2023. September 30, 2023 Quarter Highlights: Net earnings of approximately $3.5 millionSales of approximately $130.7 million10% increase in sales volume over prior year quarter volumeWorking capital balance at quarter-end of approximately $129.9 million “Our second quarter results are a testament to our team’s abil |
Director Max Reichenthal Buys 2000 Shares of Friedman Industries Inc (FRD)On September 11, 2023, Max Reichenthal, a director at Friedman Industries Inc (FRD), purchased 2000 shares of the company. |
Friedman Industries, Incorporated Announces First Quarter Results and Provides Near-Term OutlookLONGVIEW, Texas, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter ended June 30, 2023. June 30, 2023 Quarter Highlights: Net earnings of approximately $7.7 millionSales of approximately $137.3 million23% increase in sales volume over prior year quarter volumeWorking capital balance at quarter-end of approximately $113.1 million “Our first quarter results are a great start to fiscal year 2024 as we s |
10 Metals Stocks with Insider BuyingIn this piece, we will take a look at ten metals stocks with insider buying. If you want to skip out the introduction of the metals industry and insider transactions, then head on over to 5 Metals Stocks with Insider Buying. The metals industry is one of the most important sectors that you might come […] |
FRIEDMAN INDUSTRIES, INCORPORATED LAUNCHES NEW COMPANY WEBSITELongview, TX, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE – American; trading symbol: FRD) Friedman Industries, Incorporated (NYSE American: FRD) announced today the publication of its new company website at www.friedmanindustries.com. “We are delighted to launch a new website with expanded content to showcase our Company,” said Michael J. Taylor, President and Chief Executive Officer. “The website highlights our recent growth initiatives of facilities acquired in E |
7 Value-Growth Stocks That’ll Make You a Millionaire by 2025These value-growth stocks offer the best of both worlds, with a large margin of safety and substantial upside potential. |
Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2023 Results and Provides Near-Term OutlookLONGVIEW, Texas, June 29, 2023 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter and fiscal year ended March 31, 2023. March 31, 2023 Quarter Highlights: Net earnings of approximately $6.3 millionSales of approximately $124.2 million152% increase in sales volume over prior year quarter volume17% increase in sales volume over the preceding third quarter volume Fiscal Year March 31, 2023 Highlights: Most profitable |