How to Buy Friedman Industries Stock
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.
Friedman Industries stock last closed at $16.70, down 1.76% from the previous day, and has increased 2.64% in one year. It has overperformed other stocks in the Steel industry by 0.05 percentage points. Friedman Industries stock is currently +36.44% from its 52-week low of $12.24, and -12.66% from its 52-week high of $19.12.
At the moment, there are 7.06M shares of FRD outstanding. The market cap of FRD is $117.89M. In the past 24 hours, 30,500 FRD shares were traded.
How to Buy Friedman Industries Stock
Wondering how to invest in Friedman Industries stock? Here's how.
- Choose where to buy Friedman Industries stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Friedman Industries stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your payment method and add your info.
- Evaluate Friedman Industries stock: The Friedman Industries ticker symbol is FRD. Is Friedman Industries stock a good investment? Should you buy shares of FRD? How do FRD's underlying business fundamentals look? Do top analysts think Friedman Industries is a good buy? Why has FRD's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if FRD is a good stock to buy).
- Make your FRD trade: Decide if you will purchase FRD shares at the current market price or use a limit order to buy FRD stock at a given price.
- Track your FRD position: Create a watchlist to important notifications about your position in Friedman Industries shares.
Step 1: Choose where to buy Friedman Industries stock
You will need an online brokerage account in order to access the NASDAQ market and buy FRD shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world markets: From Tech to Healthcare, New York to Hong Kong (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal details so you can invest in FRD stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open your new brokerage account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've filled out your info on the stock trading app, you can securely and quickly fund your account:
Check out the video below for more details transferring funds into your new investment account.
Step 4: Evaluate Friedman Industries stock
Once you have decided on the best place to buy Friedman Industries stock, it's critical to research their stock prior to investing, so you actually wrap your head around the risk and opportunity.
Overview of key FRD info
FRD Due Diligence Checks
WallStreetZen was designed to help average investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on FRD's stock page.
What is the fair value of FRD stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge FRD's true value.
Using relative valuations measures:
- FRD may be undervalued based on its P/E ratio of 19.2x, relative to Steel industry P/E ratio of 27.71x
- FRD could be overvalued based on its P/B ratio of 0.89x, relative to Steel industry P/B ratio of 0.85x
You can do additional valuation research on FRD's stock here.
A quick look at FRD Financials
Signs that FRD is financially healthy:
- FRD has $4.32M in cash and short term investments. This is sufficient to cover its annual cash burn of $7.84M.
- There are more short-term assets than long-term liabilities on the FRD balance sheet.
- There are more short-term assets than short-term liabilities on the FRD balance sheet.
Signs that FRD is not financially healthy:
- FRD has a relatively high debt to equity ratio of 0.71.
- FRD profit margin has gone down from 3.4% to 1.4% in the past year.
- Total FRD debt is higher than 5 years ago, relative to shareholder equity.
- FRD has cash burn of 7837000. It does not have sufficient cash and short-term investments to cover this.
FRD Technicals
FRD Performance Numbers
Last year, FRD earnings were $6.09M. During the last four year, FRD's earnings have gone up by -14.53% per year. This was faster than the Steel industry average of -17.23%.
Last year, FRD revenue was $444.60M. During the past five year, FRD's revenue has grown by 25.62% per year. This was faster than the Steel industry average of 4.96%.
Dive into FRD's earnings and revenue performance here.
Who is buying/selling FRD?
In the last 12 months, insiders at FRD have bought more shares than they have sold.
Alex Larue, Chief Financial Officer of FRD, was the latest FRD insider to sell. They sold $4,407.44 worth of FRD shares on Apr 1, 2025.
Research more about who owns FRD shares here.
Can I get consistent income from FRD stock?
Friedman Industries pays a dividend of 0.72%, compared to the Steel industry's average dividend yield of 2.02%. If you owned $1,000 of FRD stock, you would have been paid $7.19 in the past year.
Friedman Industries dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more analysis about Friedman Industries dividend yield and history here.
FRD Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your FRD trade
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you require additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Track your FRD position
Now that you own some FRD stock, you'll want to keep up with your new stock purchase.
Make a watchlist to see the latest developments about your FRD stock.
FRD Feed
How to Buy Stock in Friedman Industries
To summarize, here are the 6 steps for buying Friedman Industries stock:
- Choose where to buy Friedman Industries stock
- Create a brokerage account
- Deposit money your brokerage account
- Evaluate Friedman Industries stock
- Make your FRD trade
- Track your FRD position
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to monitor your new investment in Friedman Industries, hit the button below to create your watchlist.
Trending Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.