Friedman Industries (NASDAQ:FRD) Announces Quarterly Earnings Results

Posted by Francis Steltz on Jun 12th, 2026

Friedman Industries (NASDAQ:FRD – Get Free Report) released its quarterly earnings data on Thursday. The company reported $1.30 earnings per share for the quarter, FiscalAI reports. Friedman Industries had a return on equity of 11.36% and a net margin of 2.68%.The firm had revenue of $191.78 million during the quarter.

Friedman Industries Stock Performance

NASDAQ FRD opened at $26.38 on Friday. Friedman Industries has a 1-year low of $14.51 and a 1-year high of $26.50. The company has a market capitalization of $187.56 million, a P/E ratio of 11.88 and a beta of 1.63. The business has a 50 day moving average price of $20.91 and a 200 day moving average price of $19.88. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.59 and a quick ratio of 0.97.

Friedman Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, April 24th were paid a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, April 24th. Friedman Industries’s dividend payout ratio (DPR) is presently 7.21%.

Hedge Funds Weigh In On Friedman Industries

Several hedge funds have recently bought and sold shares of FRD. Empowered Funds LLC increased its position in Friedman Industries by 6.8% during the first quarter. Empowered Funds LLC now owns 39,123 shares of the company’s stock worth $583,000 after buying an additional 2,494 shares in the last quarter. Jane Street Group LLC purchased a new position in Friedman Industries during the first quarter worth $174,000. Geode Capital Management LLC increased its position in Friedman Industries by 110.4% during the second quarter. Geode Capital Management LLC now owns 157,246 shares of the company’s stock worth $2,605,000 after buying an additional 82,504 shares in the last quarter. JPMorgan Chase & Co. increased its position in Friedman Industries by 760.0% during the second quarter. JPMorgan Chase & Co. now owns 6,364 shares of the company’s stock worth $105,000 after buying an additional 5,624 shares in the last quarter. Finally, New York State Common Retirement Fund purchased a new position in Friedman Industries during the second quarter worth $103,000. Hedge funds and other institutional investors own 33.26% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Friedman Industries from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Friedman Industries currently has a consensus rating of “Buy”.

Check Out Our Latest Stock Analysis on Friedman Industries

Friedman Industries Company Profile

(Get Free Report)

Friedman Industries, Inc is a specialized manufacturer of high-quality steel grating products for industrial and commercial applications. The company’s core offerings include industrial bar gratings, stair treads, trench covers, checkered plates and lighting frames. These products are designed to meet stringent safety and durability requirements in sectors such as oil and gas, power generation, wastewater treatment and infrastructure development.

Friedman Industries serves a broad customer base across North America, providing both standard and custom solutions through its manufacturing facilities in Pennsylvania and California.

Earnings History for Friedman Industries (NASDAQ:FRD)

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