Mesabi Trust (MSB) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $27.12 to $28.58
• 50-Day Range: $23.83 to $29.35
• 52-Week Range: $15.93 to $29.72
• Volume: 14,306 shs
• Average Volume: 27,698 shs
• Market Capitalization: $373.92 million
• P/E Ratio: 4.07
• Dividend Yield: 5.47%
• Price Target: N/A
• Consensus Rating: N/A

Mesabi Trust Stock Analysis - MarketRank™

Mesabi Trust scored higher than 36% of companies evaluated by MarketBeat, and ranked 153rd out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Mesabi Trust.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Mesabi Trust is 3.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.10.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mesabi Trust is 3.90, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 109.97.

Price to Book Value per Share Ratio

Mesabi Trust has a P/B Ratio of 31.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.87% of the float of Mesabi Trust has been sold short.

Short Interest Ratio / Days to Cover

Mesabi Trust has a short interest ratio ("days to cover") of 12.4, which indicates bearish sentiment.

Change versus previous month

Short interest in Mesabi Trust has recently decreased by 5.02%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Mesabi Trust is a leading dividend payer. It pays a dividend yield of 5.32%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Mesabi Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Mesabi Trust is 22.25%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.87% of the float of Mesabi Trust has been sold short.

Short Interest Ratio / Days to Cover

Mesabi Trust has a short interest ratio ("days to cover") of 12.4, which indicates bearish sentiment.

Change versus previous month

Short interest in Mesabi Trust has recently decreased by 5.02%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: N/A

News Sentiment

Mesabi Trust has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Mesabi Trust this week, compared to 0 articles on an average week.

Search Interest

Only 1 people have searched for MSB on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

1 people have added Mesabi Trust to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Mesabi Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.26% of the stock of Mesabi Trust is held by insiders.

MSB Stock Analysis - Frequently Asked Questions

How have MSB shares performed this year?

Mesabi Trust's stock was trading at $20.47 at the beginning of 2024. Since then, MSB shares have increased by 33.4% and is now trading at $27.31.
View the best growth stocks for 2024 here.

How were Mesabi Trust's earnings last quarter?

Mesabi Trust (NYSE:MSB) announced its earnings results on Friday, December, 13th. The mining company reported $5.97 earnings per share for the quarter. Mesabi Trust had a trailing twelve-month return on equity of 83.21% and a net margin of 74.00%.

Who are Mesabi Trust's major shareholders?

Top institutional investors of Mesabi Trust include Horizon Kinetics Asset Management LLC, Moors & Cabot Inc. (3.80%), Beddow Capital Management Inc. (3.42%) and Mad River Investors (2.23%).
View institutional ownership trends.

How do I buy shares of Mesabi Trust?

Shares of MSB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Mesabi Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mesabi Trust investors own include Energy Transfer (ET), Main Street Capital (MAIN), Prospect Capital (PSEC), AGNC Investment (AGNC), AT&T (T), Ares Capital (ARCC) and Omega Healthcare Investors (OHI).

Company Calendar

• Ex-Dividend for 11/20 Dividend: 10/30/2024
• Dividend Payable: 11/20/2024
• Last Earnings: 12/13/2024
• Today: 12/24/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Miscellaneous investing
• Sub-Industry: Trading
• Current Symbol: NYSE:MSB
• CUSIP: N/A
• CIK: 65172
• Web: www.mesabi-trust.com
• Phone: (904) 271-2520
• Fax: 615-835-2700
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $7.01
• Trailing P/E Ratio: 3.90
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $18.98 million
• Net Margins: 74.00%
• Pretax Margin: 74.00%
• Return on Equity: 83.21%
• Return on Assets: 67.86%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 6.35
• Quick Ratio: 6.35

Sales & Book Value

• Annual Sales: $25.60 million
• Price / Sales: 14.00
• Cash Flow: $0.43 per share
• Price / Cash Flow: 62.80
• Book Value: $0.87 per share
• Price / Book: 31.39

Miscellaneous

• Outstanding Shares: 13,120,000
• Free Float: N/A
• Market Cap: $358.31 million
• Optionable: Optionable
• Beta: 0.85