Friedman Industries, Incorporated (FRD)
NasdaqGS
Fundamentals
Valuation and ratings
Friedman Industries, Incorporated trades at USD35.60. We do not hold enough of the inputs to run a discounted cash flow on this company, so we publish no fair value for it rather than a number we would not defend.
About Friedman Industries, Incorporated
Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. The company operates in two segments, Flat-Roll Products and Tubular Products. The Flat-Roll Product segment is involved in the operation of hot-rolled coil processing facilities to cut the coils into sheets and plates, as well as the provision of process and storage services for customer-owned coils on a fee basis. The Tubular Product segment manufactures line and oil country pipes, as well as pipes for structural applications. The company serves metals distributors and customers manufacturing products, such as metal buildings, railcars, heavy equipment, tanks and containers, trailers, component parts, and other fabricated metal products. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas.
Super investor ownership
2 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$5.87M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$454.5K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Which funds own FRD?
2 of the institutions we track reported a position in FRD in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
The full research page for FRD, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.