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Friedman Industries Inc (FRD) stock

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NASDAQ: FRD Nasdaq Steel Next results ~November 4, 2026

Friedman Industries Inc is a US-listed company in the steel industry. Its financial year ends in March.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders3 buying, 0 selling11 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds44 adding, 28 cuttingOf 14 active managers that changed their stake, 7 added; quarter to June 30, 2026Fund buyers and sellers

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Friedman Industries Inc's latest figures clears our strength thresholds.

Things to watch

  • Results due soon. Results are expected around 9 November; the share price can move sharply on the day.
  • Volatile shares. Over the past year the shares showed annualised volatility of 57% and a beta of 1.1 against the S&P 500.

Price chart

  • 1 day-1.5%
  • 1 week+0.1%
  • 1 month+1.2%
  • This year+104.0%
  • 1 year+96.8%
  • 5 years+205.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Earnings

Last results
August 6, 2026
Next results (est.)
November 9, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Shareholder vote
  2. Agreement
  3. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Friedman Industries Inc valuation models and calculator

No model value for Friedman Industries Inc at the moment. Current status: limited reported history: available models are shown without a Buy/Hold/Sell rating. Available reported financials are shown below.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Valuation models

We value Friedman Industries Inc as an operating company, with every model that fits that kind of business. Cost of equity 9.4%: the 10-year Treasury yield (4.9%) plus a beta of 0.99 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no twelve-month earnings or share count in the filings yet
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: no twelve-month earnings or share count in the filings yet
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: no twelve-month earnings or share count in the filings yet
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. — Does not apply: no twelve-month earnings or share count in the filings yet
Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. — No model applies: the filings don’t yet support a value.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Friedman Industries Inc with Steel in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close.

Analysts' consensus

No analyst estimates are published for Friedman Industries Inc: too few analysts cover it.

Positioning

Short interest
2.3%
of tradable shares
Days to cover
3.27
at average volume
Short interest, 1 month
+6%
to October 15, 2026
Held by institutions
55%
of shares
Held by insiders
6.6%
of shares
Employees
381
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
FRD+38%+5%+59%−0%+35%+104%
Industry peers (median)+76%+18%+29%−15%+31%+22%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
FRD50%67%50%67%50%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
FRD−41%−40%−47%−30%−22%−21%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 65% from August 14, 2018 to March 23, 2020. Getting back needed a 187% gain, reached on May 20, 2021, 423 days after the low.

Price behaviour

52-week range
$16.94 – $48.03
From 52-week high
−13.5%
vs 50-day average
−1.1%
vs 200-day average
+40.9%
Volatility (1 year)
57%
Beta vs S&P 500
1.09

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±8.3%
After a week
6 up, 6 down
typical move ±10.9%
After a month
6 up, 6 down
typical move ±16.4%
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 +19.0% +0.5% +19.8% +23.6%
June 11, 2026 +35.9% +2.2% +46.5% +37.0%
February 9, 2026 +5.8% +0.2% −6.3% −13.4%
November 10, 2025 −1.7% +1.8% −2.6% −10.7%
August 7, 2025 +5.7% +0.7% +15.0% +49.1%
June 12, 2025 −2.1% −0.7% −2.1% −7.0%
February 7, 2025 −1.1% −0.2% +3.1% −11.0%
November 12, 2024 −4.8% −0.3% −7.3% +7.0%
August 8, 2024 −9.0% +2.8% −13.9% −14.6%
June 11, 2024 +3.4% +1.1% −1.6% −1.6%
February 14, 2024 −0.6% +1.6% +7.5% +6.5%
November 14, 2023 +10.3% +2.2% +4.7% +15.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms . Generated November 3, 2026. Definitions in our methodology.

Who owns it

Funds buying and selling
Reported value
$124M
Institutions reporting
80
Shares held vs prior quarter
▲ 2.7%
Positions opened / closed
21 / 4

Top buyers and sellers, Q2 2026: 44 institutions bought and 28 sold ; the biggest buyer was Blackrock, Inc (+66K shares) and the biggest seller Mink Brook Asset Management LLC (−79K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Dimensional Fund Advisors LP $17.5M 544K 14.1% ▲ 0.4%
De Lisle Partners LLP $12.9M 405K 10.5% ▼ 3.6%
Blackrock, Inc. $12.7M 395K 10.3% ▲ 20.2%
Gendell Jeffrey L $11.4M 355K 9.2% 0.0%
Vanguard Capital Management LLC $9.8M 306K 7.9% ▲ 6.0%
Renaissance Technologies LLC $9.6M 298K 7.7% ▼ 10.1%
Geode Capital Management, LLC $5.6M 173K 4.5% ▲ 8.4%
Acadian Asset Management LLC $4.5M 140K 3.6% ▲ 19.2%
Truffle Hound Capital, LLC $3.8M 117K 3.0% ▼ 22.3%
State Street Corp $3.1M 97K 2.5% ▲ 17.0%
Morgan Stanley $2.9M 91K 2.4% ▼ 5.6%
Bridgeway Capital Management, LLC $2.8M 86K 2.2% ▼ 28.4%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Friedman Industries Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $122,656 11 trades by 3 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $122,656 net buying
Insider Date Trade Shares Price Value
Chhibbar Gaurav Chief Operating Officer March 18, 2026 Buy 400 $16.94 $6,776
Taylor Mike J President / CEO / Director March 9, 2026 Buy 500 $18.00 $9,000
Taylor Mike J President / CEO / Director March 3, 2026 Buy 400 $18.00 $7,200
Taylor Mike J President / CEO / Director February 23, 2026 Buy 100 $18.00 $1,800
Chhibbar Gaurav Chief Operating Officer February 19, 2026 Buy 1,000 $18.35 $18,350
Taylor Mike J President / CEO / Director February 18, 2026 Buy 600 $18.75 $11,250
Taylor Mike J President / CEO / Director December 2, 2025 Buy 500 $18.74 $9,370
Scott Sandra Kay Director December 1, 2025 Buy 500 $20.27 $10,135
Scott Sandra Kay Director November 28, 2025 Buy 500 $20.05 $10,025
Taylor Mike J President / CEO / Director November 24, 2025 Buy 1,000 $19.47 $19,470
Taylor Mike J President / CEO / Director November 21, 2025 Buy 1,000 $19.28 $19,280

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 9, 2026 estimated from the company's past filing pattern, not announced

  • August 6, 2026
  • June 11, 2026
  • February 9, 2026
  • November 10, 2025
  • August 7, 2025
  • June 12, 2025

Recent SEC filings

Data status

When each part of this page on Friedman Industries Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Friedman Industries Inc in brief

What does Friedman Industries Inc do?
Friedman Industries Inc is a US-listed company in the steel industry. Its financial year ends in March.
What is Friedman Industries Inc's stock ticker?
Friedman Industries Inc trades under the ticker FRD on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
Who are Friedman Industries Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Dimensional Fund Advisors LP, De Lisle Partners LLP and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Are insiders buying or selling Friedman Industries Inc stock?
Over the last 12 months, Friedman Industries Inc's directors and officers reported 11 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Friedman Industries Inc's next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Friedman Industries Inc announces its own schedule.