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Commentary (18 Apr 2024 @ 16:00):

Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States...

Stats
Today's Volume	9 791.00
Average Volume	20 898.00
Market Cap	132.55M
EPS	$0 ( 2024-02-15 )
Next earnings date	( $0 ) 2024-06-27
Last Dividend	$0.0200 ( 2023-10-19 )
Next Dividend	$0 ( N/A )
P/E	7.48
ATR14	$0.156 (0.82%)

Insider Trading

Date	Person	Action	Amount	type
2024-04-01	Larue Alex	Sell	296	Common Stock
2024-01-09	Taylor Sharon L	Buy	641	Common Stock
2024-01-09	Stevenson Tim Scott	Buy	641	Common Stock
2024-01-09	Spira Joel	Buy	641	Common Stock
2024-01-09	Scott Sandra Kay	Buy	641	Common Stock

INSIDER POWER
64.14
Last 97 transactions
Buy: 411 368 \| Sell: 73 012

Friedman Industries Inc Correlation

10 Most Positive Correlations

10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Friedman Industries Inc Financials

Annual	2023
Revenue:	$547.54M
Gross Profit:	$43.09M (7.87 %)
EPS:	$2.91

Q4	2023
Revenue:	$124.19M
Gross Profit:	$13.60M (10.95 %)
EPS:	$0.840

Q3	2023
Revenue:	$111.86M
Gross Profit:	$6.13M (5.48 %)
EPS:	$0.190

Q2	2023
Revenue:	$149.69M
Gross Profit:	$4.68M (3.13 %)
EPS:	$0.340

Financial Reports:

No articles found.

Friedman Industries Inc Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
$0.0200 (N/A)	$0.0200 (N/A)	$0.0200 (N/A)	$0.0200 (N/A)	$0.0200 (N/A)	$0.0200 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)

Friedman Industries Inc Dividend Information - Ex Dividend Knight

Dividend Sustainability Score: 10.00 - good (100.00%) | Divividend Growth Potential Score: 5.37 - Stable (7.45%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	$0.0371	1987-01-05
Last Dividend	$0.0200	2023-10-19
Next Dividend	$0	N/A
Payout Date	2023-11-10
Next Payout Date	N/A
# dividends	150	--
Total Paid Out	$10.50	--
Avg. Dividend % Per Year	0.00%	--
Score	4.93	--
Div. Sustainability Score	10.00
Div.Growth Potential Score	5.37
Div. Directional Score	8.09	--

Next Divdend (Est)
(2024-07-12)

$0.0200 Estimate 39.72 %

Dividend Stability

0.79 Good

Dividend Score

4.93

Pay Frequency

Quarterly

Yearly Payout

Year	Amount	Yield

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for AMEX

Symbol	Title	Last dividend	Frequency	Yearly Dividend
PFIX	Ex Dividend Knight	2023-08-28	Monthly	0.00%
DFAS	Ex Dividend Junior	2023-09-19	Quarterly	0.00%
HWM-P	Ex Dividend Knight	2023-09-07	Annually	0.00%
NML	Ex Dividend Knight	2023-09-14	Monthly	0.00%
CMCL	Ex Dividend Junior	2023-07-13	Quarterly	0.00%
GLO	Ex Dividend Knight	2023-09-21	Monthly	0.00%
NBH	Ex Dividend Knight	2023-09-28	Monthly	0.00%
UTG	Ex Dividend Knight	2023-08-17	Monthly	0.00%
BTG	Ex Dividend Knight	2023-09-20	Quarterly	0.00%
FCO	Ex Dividend Knight	2023-09-21	Monthly	0.00%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.0368	1.500	9.26	10.00	[0 - 0.5]
returnOnAssetsTTM	0.0817	1.200	7.28	8.73	[0 - 0.3]
returnOnEquityTTM	0.153	1.500	9.41	10.00	[0.1 - 1]
payoutRatioTTM	0.0315	-1.000	9.68	-9.68	[0 - 1]
currentRatioTTM	3.13	0.800	10.00	8.00	[1 - 3]
quickRatioTTM	0.975	0.800	8.97	7.18	[0.8 - 2.5]
cashRatioTTM	0.161	1.500	-0.215	-0.322	[0.2 - 2]
debtRatioTTM	0.206	-1.500	6.56	-9.84	[0 - 0.6]
interestCoverageTTM	19.95	1.000	3.72	3.72	[3 - 30]
operatingCashFlowPerShareTTM	2.87	2.00	9.04	10.00	[0 - 30]
freeCashFlowPerShareTTM	1.085	2.00	9.46	10.00	[0 - 20]
debtEquityRatioTTM	0.385	-1.500	8.46	-10.00	[0 - 2.5]
grossProfitMarginTTM	0.0909	1.000	-1.818	-1.818	[0.2 - 0.8]
operatingProfitMarginTTM	0.0489	1.000	-1.022	-1.022	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.441	1.000	8.66	8.66	[0.2 - 2]
assetTurnoverTTM	2.22	0.800	10.00	8.00	[0.5 - 2]
Total Score				10.82

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	7.35	1.000	9.36	0	[1 - 100]
returnOnEquityTTM	0.153	2.50	9.62	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	1.085	2.00	9.64	10.00	[0 - 30]
dividendYielPercentageTTM	0.422	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	2.87	2.00	9.04	10.00	[0 - 30]
payoutRatioTTM	0.0315	1.500	9.68	-9.68	[0 - 1]
pegRatioTTM	0.0843	1.500	-2.77	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.0410	1.000	-1.476	0	[0.1 - 0.5]
Total Score				5.37

Friedman Industries Inc

Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. It operates in two segments, Coil and Tubular. The Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils. This segment also processes customer-owned coils on a fee basis. The company sells coil products and processing services to approximately 230 customers located primarily in the midwestern, southwestern and southeastern regions of the United States. Its principal customers for these products and services are steel distributors and customers manufacturing steel products, such as steel buildings, railroad cars, barges, tanks and containers, trailers, component parts and other fabricated steel products. The Tubular segment manufactures line and oil country pipes, as well as pipes for structural applications. This segment sells its tubular products principally to steel and pipe distributors through its own sales force. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas.