Mesabi Trust (NYSE:MSB) - Stock Price, News & Analysis

MSB Stock Overview

A royalty trust, engages in iron ore mining business in the United States. More details

MSB fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	3/6

Rewards

Earnings grew by 160.5% over the past year

Risk Analysis

Earnings have declined by 13.9% per year over past 5 years

High level of non-cash earnings

Dividend of 4.51% is not well covered by earnings

Mesabi Trust Competitors

Olympic Steel

NasdaqGS:ZEUS

US$436.1m

Metallus

NYSE:MTUS

US$623.8m

Ryerson Holding

NYSE:RYI

US$751.9m

Scully Royalty

NYSE:SRL

US$109.5m

Price History & Performance

Summary of all time highs, changes and price drops for Mesabi Trust
Historical stock prices
Current Share Price	US$25.71
52 Week High	US$26.98
52 Week Low	US$15.93
Beta	0.83
11 Month Change	2.23%
3 Month Change	44.76%
1 Year Change	29.00%
33 Year Change	1.94%
5 Year Change	10.72%
Change since IPO	114.25%

Mesabi Trust: Cleveland-Cliffs Spat In Rear View For Now

Sep 24

Recent updates

Something To Consider Before Buying Mesabi Trust (NYSE:MSB) For The 4.1% Dividend

Apr 19

Mesabi Trust (NYSE:MSB) Has Rewarded Shareholders With An Exceptional 511% Total Return On Their Investment

Mar 01

Here's Why We're Wary Of Buying Mesabi Trust's (NYSE:MSB) For Its Upcoming Dividend

Jan 23

Should Mesabi Trust (NYSE:MSB) Be Part Of Your Income Portfolio?

Jan 18

Mesabi Trust declares $0.46 dividend

Jan 11

Mesabi Trust Remains Attractive To Yield-Centric Investors

Jan 05

Shareholder Returns

	MSB	US Metals and Mining	US Market
7D	-1.8%	0.9%	-1.2%
1Y	29.0%	21.7%	30.4%

Return vs Industry: MSB exceeded the US Metals and Mining industry which returned 21.7% over the past year.

Return vs Market: MSB underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is MSB's price volatile compared to industry and market?
MSB volatility
MSB Average Weekly Movement	7.8%
Metals and Mining Industry Average Movement	8.0%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	3.1%

Stable Share Price: MSB has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MSB's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1961	n/a	n/a	www.mesabi-trust.com

Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. Mesabi Trust was founded in 1961 and is based in New York, New York.

Mesabi Trust Fundamentals Summary

How do Mesabi Trust's earnings and revenue compare to its market cap?
MSB fundamental statistics
Market cap	US$337.71m
Earnings (TTM)	US$17.66m
Revenue (TTM)	US$23.86m

19.1x

P/E Ratio

14.1x

P/S Ratio

Is MSB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MSB income statement (TTM)
Revenue	US$23.86m
Cost of Revenue	US$0
Gross Profit	US$23.86m
Other Expenses	US$6.21m
Earnings	US$17.66m

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.35
Gross Margin	100.00%
Net Profit Margin	74.00%
Debt/Equity Ratio	0%

How did MSB perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

97%

Payout Ratio

Does MSB pay a reliable dividends?

See MSB dividend history and benchmarks

When do you need to buy MSB by to receive an upcoming dividend?
Mesabi Trust dividend dates
Ex Dividend Date	Oct 30 2024
Dividend Pay Date	Nov 20 2024
Days until Ex dividend	22 days
Days until Dividend pay date	1 day

Does MSB pay a reliable dividends?

See MSB dividend history and benchmarks

MSB Stock Overview

Rewards

Risk Analysis

Mesabi Trust Competitors

NasdaqGS:ZEUS

US$436.1m

NYSE:MTUS

US$623.8m

NYSE:RYI

US$751.9m

NYSE:SRL

US$109.5m

Price History & Performance

Recent News & Updates

Second quarter dividend of US$0.39 announced

Mesabi Trust Declares Distribution, Payable on November 20, 2024

Mesabi Trust: Cleveland-Cliffs Spat In Rear View For Now

Investor sentiment improves as stock rises 21%

Second quarter 2025 earnings released: EPS: US$0.41 (vs US$0.70 in 2Q 2024)

Upcoming dividend of US$0.30 per share

Recent updates

Second quarter dividend of US$0.39 announced

Mesabi Trust Declares Distribution, Payable on November 20, 2024

Mesabi Trust: Cleveland-Cliffs Spat In Rear View For Now

Investor sentiment improves as stock rises 21%

Second quarter 2025 earnings released: EPS: US$0.41 (vs US$0.70 in 2Q 2024)

Upcoming dividend of US$0.30 per share

Mesabi Trust Declares Distribution, Payable on August 20, 2024

First quarter 2025 earnings released: EPS: US$0.27 (vs US$0.078 in 1Q 2024)

If Fed Doesn't Get Serious About Inflation, Buy Mesabi Trust (Rating Upgrade)

Full year 2024 earnings released: EPS: US$1.45 (vs US$0.41 in FY 2023)

Upcoming dividend of US$0.29 per share

Mesabi Trust Declares Distribution, Payable on May 20, 2024

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Mesabi Trust: Full Production Is Back Despite Cleveland-Cliffs' Ambitions

Upcoming dividend of US$0.37 per share at 6.8% yield

Mesabi Trust Declares Distribution, Payable on February 20, 2024

Third quarter 2024 earnings released: EPS: US$0.31 (vs US$0.032 loss in 3Q 2023)

Now 21% undervalued after recent price drop

Mesabi Trust: Unlikely Cleveland-Cliffs Shuts Northshore Down In The Near Term

Upcoming dividend of US$0.35 per share

Mesabi Trust Looks Attractive With Estimated Forward Yield Of 8.2% To 11.4%

Mesabi Trust Declares Distribution, Payable on November 20, 2023

Second quarter 2024 earnings released: EPS: US$0.70 (vs US$0.37 loss in 2Q 2023)

Mesabi Trust: There's A Strong Headwind, But Also An Opportunity

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: US$0.41 (vs US$5.24 in FY 2022)

Operating Issues And Recession Pricing Next: Avoid Mesabi Trust

Investor sentiment improves as stock rises 17%

Mesabi Trust Announces No Distribution for January 2023

Mesabi Trust says no dividend in January

Investor sentiment improved over the past week

Third quarter 2023 earnings released: US$0.032 loss per share (vs US$1.22 profit in 3Q 2022)

No independent directors

Investor sentiment deteriorated over the past week

Mesabi Trust: Short-Term This Doesn't Look Great, Long-Term I Like

Investor sentiment deteriorated over the past week

Mesabi Trust Determines No Distribution to Be Declared for October 2022 with Respect to Units of Beneficial Interest

Second quarter 2023 earnings released: US$0.37 loss per share (vs US$2.04 profit in 2Q 2022)

How Cleveland-Cliffs' CEO Pushed Mesabi Trust's Dividend Off A Cliff

Upcoming dividend of US$0.84 per share

Mesabi Trust dips dividend -19.2% to $0.84/share

First quarter 2023 earnings released: EPS: US$1.04 (vs US$0.65 in 1Q 2022)

Mesabi Trust Is Not So Easily Ousted

Full year 2022 earnings: EPS and revenues miss analyst expectations

No independent directors

Upcoming dividend of US$1.04 per share

Mesabi Trust Declares Distribution, Payable on May 20, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of US$1.75 per share

Mesabi Trust And Its Real Value

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorated over the past week

Upcoming dividend of US$1.42 per share

Mesabi Trust (NYSE:MSB) Will Pay A Larger Dividend Than Last Year At US$1.42

Investor sentiment improved over the past week