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Mesabi Trust NYSE:MSB Stock Report

Last Price

US$17.26

Market Cap

US$226.5m

7D

1.1%

1Y

-25.2%

Updated

25 Apr, 2024

Data

Company Financials

MSB Stock Overview

Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States.

MSB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

Mesabi Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mesabi Trust
Historical stock prices
Current Share PriceUS$17.26
52 Week HighUS$23.94
52 Week LowUS$16.68
Beta0.79
1 Month Change-1.76%
3 Month Change-15.39%
1 Year Change-25.25%
3 Year Change-51.52%
5 Year Change-40.07%
Change since IPO43.83%

Recent News & Updates

Recent updates

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

Feb 04

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

Oct 25

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

Oct 18

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

Jul 14

Operating Issues And Recession Pricing Next: Avoid Mesabi Trust

Jan 31

Mesabi Trust says no dividend in January

Jan 12

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

Nov 05

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

Aug 03

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

Jul 15

Mesabi Trust Is Not So Easily Ousted

Jun 03

Mesabi Trust And Its Real Value

Jan 05

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

Oct 18
Mesabi Trust (NYSE:MSB) Will Pay A Larger Dividend Than Last Year At US$1.42

Mesabi Trust's (NYSE:MSB) Upcoming Dividend Will Be Larger Than Last Year's

Jul 16
Mesabi Trust's (NYSE:MSB) Upcoming Dividend Will Be Larger Than Last Year's

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

Apr 19
Something To Consider Before Buying Mesabi Trust (NYSE:MSB) For The 4.1% Dividend

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

Mar 01
Mesabi Trust (NYSE:MSB) Has Rewarded Shareholders With An Exceptional 511% Total Return On Their Investment

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

Jan 23
Here's Why We're Wary Of Buying Mesabi Trust's (NYSE:MSB) For Its Upcoming Dividend

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

Jan 18
Should Mesabi Trust (NYSE:MSB) Be Part Of Your Income Portfolio?

Mesabi Trust declares $0.46 dividend

Jan 11

Mesabi Trust Remains Attractive To Yield-Centric Investors

Jan 05

Shareholder Returns

MSBUS Metals and MiningUS Market
7D1.1%-1.1%1.0%
1Y-25.2%19.2%21.9%

Return vs Industry: MSB underperformed the US Metals and Mining industry which returned 17.8% over the past year.

Return vs Market: MSB underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is MSB's price volatile compared to industry and market?
MSB volatility
MSB Average Weekly Movement4.6%
Metals and Mining Industry Average Movement8.2%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: MSB's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1961n/an/awww.mesabi-trust.com

Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was incorporated 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 capUS$226.45m
Earnings (TTM)US$18.98m
Revenue (TTM)US$22.86m

11.9x

P/E Ratio

9.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MSB income statement (TTM)
RevenueUS$22.86m
Cost of RevenueUS$0
Gross ProfitUS$22.86m
Other ExpensesUS$3.88m
EarningsUS$18.98m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.45
Gross Margin100.00%
Net Profit Margin83.03%
Debt/Equity Ratio0%

How did MSB perform over the long term?

See historical performance and comparison

Dividends

8.1%

Current Dividend Yield

41%

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 DateApr 29 2024
Dividend Pay DateMay 20 2024
Days until Ex dividend2 days
Days until Dividend pay date23 days

Does MSB pay a reliable dividends?

See MSB dividend history and benchmarks
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