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NYSE:MSB

Mesabi Trust (MSB) Stock Price, News & Analysis

Mesabi Trust logo
$24.80
+0.68 (+2.82%)
(As of 11/1/2024 ET)

About Mesabi Trust Stock (NYSE:MSB)

Key Stats

Today's Range
$23.96
$24.80
50-Day Range
$16.69
$25.72
52-Week Range
$15.93
$26.27
Volume
17,725 shs
Average Volume
28,094 shs
Market Capitalization
N/A
P/E Ratio
18.37
Dividend Yield
6.29%
Price Target
N/A
Consensus Rating
N/A

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.

Mesabi Trust Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
5th Percentile Overall Score

MSB MarketRank™: 

Mesabi Trust scored higher than 5% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Mesabi Trust is 18.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.03.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Mesabi Trust is 18.37, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 124.46.

  • Price to Book Value per Share Ratio

    Mesabi Trust has a P/B Ratio of 28.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Mesabi Trust's valuation and earnings.
  • Percentage of Shares Shorted

    3.34% 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 14.7, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Mesabi Trust has recently increased by 6.44%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Mesabi Trust is a leading dividend payer. It pays a dividend yield of 6.55%, 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 115.56%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Mesabi Trust's dividend.
  • Percentage of Shares Shorted

    3.34% 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 14.7, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Mesabi Trust has recently increased by 6.44%, indicating that investor sentiment is decreasing significantly.
  • News Coverage This Week

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

Mesabi Trust Press Release
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MSB Mar 2025 15.000 put (MSB250321P00015000)
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mesabi trust reports increased royalty payments
Mesabi Trust Press Release
See More Headlines

MSB Stock Analysis - Frequently Asked Questions

Mesabi Trust's stock was trading at $20.47 at the beginning of 2024. Since then, MSB shares have increased by 21.2% and is now trading at $24.80.
View the best growth stocks for 2024 here
.

Mesabi Trust (NYSE:MSB) issued its earnings results on Thursday, September, 5th. The mining company reported $0.41 earnings per share for the quarter. The mining company had revenue of $6.49 million for the quarter. Mesabi Trust had a trailing twelve-month return on equity of 83.21% and a net margin of 74.00%.

Top institutional shareholders of Mesabi Trust include Mad River Investors (2.23%) and Quent Capital LLC (0.05%).
View institutional ownership trends
.

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.

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 8/20 Dividend
7/30/2024
Dividend Payable
8/20/2024
Last Earnings
9/05/2024
Ex-Dividend for 11/20 Dividend
10/30/2024
Today
11/02/2024
Dividend Payable
11/20/2024
Next Earnings (Estimated)
12/12/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Miscellaneous investing
Sub-Industry
Trading
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$18.98 million
Pretax Margin
74.00%

Debt

Sales & Book Value

Annual Sales
$22.86 million
Cash Flow
$0.42 per share
Book Value
$0.87 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
0.84
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This page (NYSE:MSB) was last updated on 11/2/2024 by MarketBeat.com Staff
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