friedman industries inc is an oil and energy company located in 5500 n state highway 137, blytheville, arkansas, united states.
Company profile
Ticker
FRD
Exchange
Website
CEO
Michael J. Taylor
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
FRIEDMAN/DECATUR, L.L.C. ...
IRS number
741504405
FRD stock data
Latest filings (excl ownership)
8-K
Friedman Industries, Incorporated Announces Third Quarter Results
14 Feb 24
10-Q
2024 Q3
Quarterly report
14 Feb 24
8-K
Friedman Industries, Incorporated Announces Share Repurchase and Authorization of Additional Share Repurchase Program
18 Dec 23
8-K
Friedman Industries, Incorporated Announces Second Quarter Results and Provides Update on Strategic Growth Initiatives
14 Nov 23
10-Q
2024 Q2
Quarterly report
14 Nov 23
8-K
Submission of Matters to a Vote of Security Holders
14 Sep 23
8-K
Friedman Industries, Incorporated Announces First Quarter Results and Provides Near-term Outlook
14 Aug 23
10-Q
2024 Q1
Quarterly report
14 Aug 23
8-K
Friedman Industries, Incorporated Launches New Company Website
7 Aug 23
DEF 14A
Definitive proxy
28 Jul 23
Latest ownership filings
4
Alex LaRue
3 Apr 24
SC 13G/A
GENDELL JEFFREY L
13 Feb 24
SC 13G/A
RENAISSANCE TECHNOLOGIES LLC
13 Feb 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
4
Sharon L Taylor
11 Jan 24
4
Tim Scott Stevenson
11 Jan 24
4
Joel Spira
11 Jan 24
4
Sandra Kay Scott
11 Jan 24
4
Max Alan Reichenthal
11 Jan 24
4
JOE L WILLIAMS
11 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Mar 23 | Mar 22 | Mar 21 | Mar 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 3.15 mm | 3.15 mm | 3.15 mm | 3.15 mm | 3.15 mm | 3.15 mm |
Cash burn (monthly) | 557.00 k | 290.32 k | (no burn) | (no burn) | 5.22 mm | 916.00 k |
Cash used (since last report) | 3.72 mm | 1.94 mm | n/a | n/a | 34.82 mm | 6.11 mm |
Cash remaining | -564.88 k | 1.21 mm | n/a | n/a | -31.67 mm | -2.96 mm |
Runway (months of cash) | -1.0 | 4.2 | n/a | n/a | -6.1 | -3.2 |
Institutional ownership, Q3 2023
45.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 33 |
Opened positions | 10 |
Closed positions | 6 |
Increased positions | 13 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 24.31 bn |
Total shares | 3.20 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Dimensional Fund Advisors | 551.54 k | $7.39 bn |
Mitsubishi | 516.04 k | $0.00 |
Renaissance Technologies | 376.52 k | $5.05 mm |
Gendell Jeffrey L | 353.39 k | $4.74 bn |
AULT Ault Alliance | 334.70 k | $2.49 mm |
Vanguard | 302.24 k | $4.05 bn |
Bridgeway Capital Management | 151.45 k | $2.03 bn |
Acadian Asset Management | 137.03 k | $1.83 mm |
EAM Investors | 86.91 k | $1.16 bn |
MS Morgan Stanley | 75.61 k | $1.01 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Alex LaRue | Common Stock | Payment of exercise | Dispose F | No | No | 18.3 | 296 | 5.42 k | 22,611 |
9 Jan 24 | Joe L Williams | Common Stock | Grant | Acquire A | No | No | 0 | 641 | 0.00 | 28,574 |
9 Jan 24 | Durga D Agrawal | Common Stock | Grant | Acquire A | No | No | 0 | 641 | 0.00 | 26,504 |
9 Jan 24 | Sandra Kay Scott | Common Stock | Grant | Acquire A | No | No | 0 | 641 | 0.00 | 6,741 |
9 Jan 24 | Reichenthal Max Alan | Common Stock | Grant | Acquire A | No | No | 0 | 641 | 0.00 | 24,761 |
News
Friedman Industries Expects To Conclude Fiscal Year 2024 With A Strong Q4 Characterized By Solid Margins Associated With A Substantial Increase In HRC Price Entering Q4. Sales Volume For Q4 2024 Is Expected To Be Slightly Higher Than Q3 Volume
14 Feb 24
Friedman Industries Q3 EPS $0.16 Down From $0.19 YoY, Sales $115.97M Up From $111.86M YoY
14 Feb 24