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Mesabi Trust NYSE:MSB Stock Report

Last Price

US$28.36

Market Cap

US$372.1m

7D

-3.4%

1Y

40.7%

Updated

26 Dec, 2024

Data

Company Financials

My Notes

Capture your thoughts, links and company narrative

Mesabi Trust Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mesabi Trust
Historical stock prices
Current Share PriceUS$28.36
52 Week HighUS$29.72
52 Week LowUS$15.93
Beta0.86
1 Month Change5.15%
3 Month Change24.39%
1 Year Change40.74%
3 Year Change6.86%
5 Year Change20.63%
Change since IPO136.33%

Recent News & Updates

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

Sep 24

Recent updates

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

Sep 24

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

May 28

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
7D-3.4%2.1%2.8%
1Y40.7%-4.3%24.5%

Return vs Industry: MSB exceeded the US Metals and Mining industry which returned -4.7% over the past year.

Return vs Market: MSB exceeded the US Market which returned 24.8% over the past year.

Price Volatility

Is MSB's price volatile compared to industry and market?
MSB volatility
MSB Average Weekly Movement5.5%
Metals and Mining Industry Average Movement8.0%
Market Average Movement6.3%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.1%

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 (6%) 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. 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 capUS$372.08m
Earnings (TTM)US$91.90m
Revenue (TTM)US$26.79m

4.0x

P/E Ratio

13.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MSB income statement (TTM)
RevenueUS$26.79m
Cost of RevenueUS$0
Gross ProfitUS$26.79m
Other Expenses-US$65.11m
EarningsUS$91.90m

Last Reported Earnings

Oct 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)7.00
Gross Margin100.00%
Net Profit Margin343.09%
Debt/Equity Ratio0%

How did MSB perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

19%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 13:15
End of Day Share Price 2024/12/24 00:00
Earnings2024/10/31
Annual Earnings2024/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mesabi Trust is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy HayesDavenport & Company