Friedman Industries Inc. Common Stock

Day range

$40.30 – $42.61

Open

$42.16

Prev close

$41.05

Volume

23.62K

Market cap

$296.09M

Shares out

7.21M

P/E

11.05

P/S

0.39

P/B

1.80

P/FCF

—

ROE

16.3%

ROA

7.2%

Debt/Equity

0.58

Div yield

0.38%

As of Nov 3, 2026

• Charter amendmentSep 28, 2026

  The shareholders also voted on an amendment to the Company's Articles of Incorporation to allow shareholders the ability to amend the Company's Bylaws. The amendment to the Company's Articles of Incorporation was not approved because the affirmative votes received were less than two-thirds of the Company's outstanding shares entitled to vote at the meeting.

• Credit facilitySep 10, 2026

  On September 3, 2026, the Company entered into a Seventh Amendment ... to the A&R Credit Agreement ... to, among other things, increase the aggregate commitments under the A&R Credit Agreement from $140 million to $200 million and make certain conforming changes to threshold amounts.

• Strategic initiativeMar 17, 2026

  Friedman Industries, Incorporated (the "Company") issued a press release announcing plans to expand its Sinton, Texas facility, including an increase in building size and the addition of laser cutting equipment to provide new fabrication capabilities.

• Credit facilityDec 15, 2025

  On December 9, 2025, the Company entered into a Sixth Amendment (the "Amendment") to that certain Amended and Restated Credit Agreement by and among the Company, as a borrower, Century Metals & Supplies, LLC, a Texas limited liability company, as a borrower, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent. The Amendment amends that certain Amended and Restated Credit Agreement dated as of May 19, 2021 (as amended to date, "A&R Credit Agreement") to, among other things, increase the aggregate commitments under the A&R Credit Agreement from $125 million to $140 million, make certain conforming changes to threshold amounts, and modify the definition of "Eligible Accounts".

• Annual meeting resultsSep 23, 2025

  On September 18, 2025, Friedman Industries, Incorporated (the "Company") held its Annual Meeting of Shareholders. At the meeting, the shareholders voted on the election of seven directors of the Company to hold office until the next Annual Meeting of Shareholders or until their respective successors are duly elected and qualified. The seven nominees of the Board of Directors of the Company were elected at the meeting.

Days to cover

4.3

Short interest

155.92K

Avg volume

36.15K

As of Oct 15, 2026 · reported to FINRA twice monthly.

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