MSB Stock Overview
A royalty trust, engages in iron ore mining business in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Mesabi Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$25.50 |
| 52 Week High | US$26.27 |
| 52 Week Low | US$15.93 |
| Beta | 0.84 |
| 11 Month Change | 8.51% |
| 3 Month Change | 55.20% |
| 1 Year Change | 41.20% |
| 33 Year Change | 8.88% |
| 5 Year Change | 19.38% |
| Change since IPO | 112.50% |
Recent News & Updates
Recent updates
Mesabi Trust: Cleveland-Cliffs Spat In Rear View For Now
Sep 24If Fed Doesn't Get Serious About Inflation, Buy Mesabi Trust (Rating Upgrade)
May 28Mesabi Trust: Full Production Is Back Despite Cleveland-Cliffs' Ambitions
Feb 04Mesabi Trust: Unlikely Cleveland-Cliffs Shuts Northshore Down In The Near Term
Oct 25Mesabi Trust Looks Attractive With Estimated Forward Yield Of 8.2% To 11.4%
Oct 18Mesabi Trust: There's A Strong Headwind, But Also An Opportunity
Jul 14Operating Issues And Recession Pricing Next: Avoid Mesabi Trust
Jan 31Mesabi Trust says no dividend in January
Jan 12Mesabi Trust: Short-Term This Doesn't Look Great, Long-Term I Like
Nov 05How Cleveland-Cliffs' CEO Pushed Mesabi Trust's Dividend Off A Cliff
Aug 03Mesabi Trust dips dividend -19.2% to $0.84/share
Jul 15Mesabi Trust Is Not So Easily Ousted
Jun 03Mesabi Trust And Its Real Value
Jan 05Mesabi Trust (NYSE:MSB) Will Pay A Larger Dividend Than Last Year At US$1.42
Oct 18
Mesabi Trust's (NYSE:MSB) Upcoming Dividend Will Be Larger Than Last Year's
Jul 16Something To Consider Before Buying Mesabi Trust (NYSE:MSB) For The 4.1% Dividend
Apr 19Mesabi Trust (NYSE:MSB) Has Rewarded Shareholders With An Exceptional 511% Total Return On Their Investment
Mar 01Here'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 18Mesabi Trust declares $0.46 dividend
Jan 11Mesabi Trust Remains Attractive To Yield-Centric Investors
Jan 05Shareholder Returns
| MSB | US Metals and Mining | US Market | |
|---|---|---|---|
| 7D | 7.0% | -1.4% | -0.8% |
| 1Y | 41.2% | 30.8% | 31.5% |
Return vs Industry: MSB exceeded the US Metals and Mining industry which returned 30.8% over the past year.
Return vs Market: MSB exceeded the US Market which returned 31.5% over the past year.
Price Volatility
| MSB volatility | |
|---|---|
| MSB Average Weekly Movement | 8.0% |
| Metals and Mining Industry Average Movement | 7.6% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 15.1% |
| 10% least volatile stocks in US Market | 2.8% |
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
| MSB fundamental statistics | |
|---|---|
| Market cap | US$334.56m |
| Earnings (TTM) | US$17.66m |
| Revenue (TTM) | US$23.86m |
18.9x
P/E Ratio14.0x
P/S RatioIs MSB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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 comparisonDividends
4.5%
Current Dividend Yield97%
Payout RatioDoes MSB pay a reliable dividends?
See MSB dividend history and benchmarks| Mesabi Trust dividend dates | |
|---|---|
| Ex Dividend Date | Oct 30 2024 |
| Dividend Pay Date | Nov 20 2024 |
| Days until Ex dividend | 8 days |
| Days until Dividend pay date | 13 days |
Does MSB pay a reliable dividends?
See MSB dividend history and benchmarks