Mesabi Trust Stock Price, News & Analysis (NYSE:MSB)

$23.65 0.90 (3.96 %)
(As of 12/12/2017 08:52 AM ET)
Previous Close$22.75
Today's Range$22.45 - $23.95
52-Week Range$10.60 - $24.80
Volume99,100 shs
Average Volume62,036 shs
Market Capitalization$298.48 million
P/E Ratio12.36
Dividend Yield11.25%
Beta0.4

About Mesabi Trust (NYSE:MSB)

Mesabi Trust is a royalty trust. The purpose of the Trust is to conserve and protect the Trust Estate. The Trust operates in the iron ore mining segment. The Trust derives income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The lessee/operator of Mesabi Trust's mineral interests is Northshore Mining Corporation (NMC), a subsidiary of Cliffs Natural Resources Inc. (Cliffs). NMC produces iron ore from Mesabi Trust Lands. The principal assets of Mesabi Trust consist of two different interests in certain properties in the Mesabi Iron Range: Mesabi Trust's interest as assignor in the Amended Assignment of Peters Lease and the Amended Assignment of Cloquet Lease and Mesabi Trust's ownership of the entire beneficial interest in the Mesabi Land Trust, which has interest as fee owner in the Peters Lease Lands and a fee ownership in certain non-mineral-bearing lands adjacent to the Peters and Cloquet Lease Lands.

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Industry, Sector and Symbol

Industry Investment Trusts
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSE:MSB
CUSIPN/A
Phone904-271-2520

Debt

Debt-to-Equity RatioN/A
Current Ratio9.08%
Quick Ratio9.08%

Price-To-Earnings

Trailing P/E Ratio12.36
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$10.74 million
Price / Sales28.89
Cash Flow$0.76 per share
Price / Cash31.05
Book Value$0.78 per share
Price / Book30.32

Profitability

Trailing EPS$1.84
Net Income$9.61 million
Net Margins95.87%
Return on Equity232.11%
Return on Assets170.88%

Miscellaneous

EmployeesN/A
Outstanding Shares13,120,000

Mesabi Trust (NYSE:MSB) Frequently Asked Questions

What is Mesabi Trust's stock symbol?

Mesabi Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MSB."

How often does Mesabi Trust pay dividends? What is the dividend yield for Mesabi Trust?

Mesabi Trust announced a quarterly dividend on Monday, October 16th. Investors of record on Monday, October 30th will be paid a dividend of $0.64 per share on Monday, November 20th. This represents a $2.56 dividend on an annualized basis and a yield of 10.82%. The ex-dividend date of this dividend is Friday, October 27th. This is a positive change from Mesabi Trust's previous quarterly dividend of $0.16. View Mesabi Trust's Dividend History.

How were Mesabi Trust's earnings last quarter?

Mesabi Trust (NYSE:MSB) posted its earnings results on Thursday, September, 7th. The mining company reported $1.00 earnings per share for the quarter. The mining company earned $13.36 million during the quarter. Mesabi Trust had a return on equity of 232.11% and a net margin of 95.87%. View Mesabi Trust's Earnings History.

When will Mesabi Trust make its next earnings announcement?

Mesabi Trust is scheduled to release their next quarterly earnings announcement on Thursday, December, 14th 2017. View Earnings Estimates for Mesabi Trust.

Who are some of Mesabi Trust's key competitors?

Who owns Mesabi Trust stock?

Mesabi Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include SFE Investment Counsel (1.89%), Valueworks LLC (1.57%), OxFORD Asset Management LLP (0.28%), Hodges Capital Management Inc. (0.16%), Beach Investment Counsel Inc. PA (0.14%) and Janney Montgomery Scott LLC (0.08%). View Institutional Ownership Trends for Mesabi Trust.

Who sold Mesabi Trust stock? Who is selling Mesabi Trust stock?

Mesabi Trust's stock was sold by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., SFE Investment Counsel and Valueworks LLC. View Insider Buying and Selling for Mesabi Trust.

Who bought Mesabi Trust stock? Who is buying Mesabi Trust stock?

Mesabi Trust's stock was acquired by a variety of institutional investors in the last quarter, including OxFORD Asset Management LLP, Beach Investment Counsel Inc. PA, Janney Montgomery Scott LLC, Russell Investments Group Ltd., Ladenburg Thalmann Financial Services Inc. and Hillsdale Investment Management Inc.. View Insider Buying and Selling for Mesabi Trust.

How do I buy Mesabi Trust stock?

Shares of Mesabi Trust can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Mesabi Trust's stock price today?

One share of Mesabi Trust stock can currently be purchased for approximately $23.65.

How big of a company is Mesabi Trust?

Mesabi Trust has a market capitalization of $298.48 million and generates $10.74 million in revenue each year. The mining company earns $9.61 million in net income (profit) each year or $1.84 on an earnings per share basis.

How can I contact Mesabi Trust?

Mesabi Trust's mailing address is 60 Wall Street 16 th Floor, NEW YORK NY, 10005. The mining company can be reached via phone at 904-271-2520.


MarketBeat Community Rating for Mesabi Trust (MSB)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  25 (Vote Outperform)
Underperform Votes:  42 (Vote Underperform)
Total Votes:  67
MarketBeat's community ratings are surveys of what our community members think about Mesabi Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Mesabi Trust (NYSE:MSB) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Mesabi Trust (NYSE:MSB) Earnings History and Estimates Chart

Earnings by Quarter for Mesabi Trust (NYSE:MSB)

Mesabi Trust (NYSE MSB) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/14/2017        
9/7/2017Q2 2018$1.00$13.36 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Mesabi Trust (NYSE:MSB) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Mesabi Trust (NYSE:MSB) Dividend Information

Most Recent Dividend:11/20/2017
Annual Dividend:$2.56
Dividend Yield:10.82%
Dividend Growth:-29.10% (3 Year Average)
Payout Ratio:139.13% (Trailing 12 Months of Earnings)
Track Record:3 Years of Consecutive Dividend Growth
Frequency:Quarterly Dividend
Dividend Payments by Quarter for Mesabi Trust (NYSE:MSB)

Mesabi Trust (NYSE:MSB) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/16/2017quarterly$0.6411.23%10/27/201710/30/201711/20/2017
7/17/2017quarterly$0.164.56%7/26/20177/30/20178/20/2017
4/18/2017quarterly$0.5514.38%4/26/20174/30/20175/20/2017
1/19/2017quarterly$0.144.59%1/26/20171/30/20172/20/2017
10/17/2016quarterly$0.104.35%10/26/201610/30/201611/20/2016
7/15/2016quarterly$0.207.67%7/27/20167/30/20168/20/2016
4/18/2016quarterly$0.2010.06%4/27/20164/30/20165/20/2016
7/20/2015quarterly$0.041.47%7/29/20157/31/20158/20/2015
1/20/2015quarterly$0.6414.08%1/28/20151/30/20152/20/2015
10/16/2014quarterly$0.8818.27%10/28/201410/30/201411/20/2014
7/14/2014quarterly$0.326.72%7/28/20147/30/20148/20/2014
1/17/2014quarterly$0.579.89%1/28/20141/30/20142/20/2014
10/11/2013quarterly$0.519.95%10/28/201310/30/201311/20/2013
7/16/2013quarterly$0.467/30/20138/20/2013
4/15/2013quarterly$0.081.54%4/26/20134/30/20135/20/2013
1/16/2013quarterly$0.498.19%1/28/20131/30/20132/20/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Mesabi Trust (NYSE MSB)

No insider trades for this company have been tracked by MarketBeat.com

Headlines

Mesabi Trust (NYSE MSB) News Headlines

Source:
DateHeadline
Should You Buy Mesabi Trust (MSB) At This PE Ratio?Should You Buy Mesabi Trust (MSB) At This PE Ratio?
finance.yahoo.com - November 24 at 6:43 PM
MSBs Strong Dividend History Helps Get It To The Top 5MSB's Strong Dividend History Helps Get It To The Top 5
www.thestreet.com - November 1 at 6:29 AM
Mesabi Trust : MSB-US: Dividend Analysis : October 30th, 2017 (record date) : By the numbers : October 30, 2017Mesabi Trust : MSB-US: Dividend Analysis : October 30th, 2017 (record date) : By the numbers : October 30, 2017
finance.yahoo.com - October 31 at 6:34 AM
Cash Dividend On The Way From Mesabi Trust (MSB)Cash Dividend On The Way From Mesabi Trust (MSB)
www.thestreet.com - October 27 at 8:08 AM
Mesabi Trust (MSB) Plans Quarterly Dividend of $0.64Mesabi Trust (MSB) Plans Quarterly Dividend of $0.64
www.americanbankingnews.com - October 16 at 6:20 PM
Mesabi Trust Press ReleaseMesabi Trust Press Release
finance.yahoo.com - October 14 at 5:17 AM
Stocks To Watch: Arconic Sees Relative Strength Rating Jump To 82Stocks To Watch: Arconic Sees Relative Strength Rating Jump To 82
finance.yahoo.com - October 2 at 11:37 AM
At $22.05, Is It Time To Buy Mesabi Trust (MSB)?At $22.05, Is It Time To Buy Mesabi Trust (MSB)?
finance.yahoo.com - October 2 at 11:37 AM
Mesabi Trust - Why I See 80% Upside To Conservative Fair ValueMesabi Trust - Why I See 80% Upside To Conservative Fair Value
seekingalpha.com - September 22 at 9:04 AM
Mesabi Trust :MSB-US: Earnings Analysis: Q2, 2018 By the Numbers : September 11, 2017Mesabi Trust :MSB-US: Earnings Analysis: Q2, 2018 By the Numbers : September 11, 2017
finance.yahoo.com - September 12 at 2:51 AM
Mesabi Trust (MSB) Issues  Earnings ResultsMesabi Trust (MSB) Issues Earnings Results
www.americanbankingnews.com - September 9 at 10:28 AM
Mesabi posts 2Q profitMesabi posts 2Q profit
finance.yahoo.com - September 9 at 6:25 AM
Vedanta Sees Its Composite Rating Rise To 97Vedanta Sees Its Composite Rating Rise To 97
finance.yahoo.com - September 7 at 6:23 AM
Mesabi Trust : MSB-US: Dividend Analysis : July 30th, 2017 (record date) : By the numbers : August 28, 2017Mesabi Trust : MSB-US: Dividend Analysis : July 30th, 2017 (record date) : By the numbers : August 28, 2017
finance.yahoo.com - August 29 at 2:43 AM
Mesabi Trust (MSB) Downgraded to "C+" at TheStreetMesabi Trust (MSB) Downgraded to "C+" at TheStreet
www.americanbankingnews.com - August 9 at 9:10 AM
Mesabi Trust (MSB) Plans Quarterly Dividend of $0.16Mesabi Trust (MSB) Plans Quarterly Dividend of $0.16
www.americanbankingnews.com - July 17 at 3:40 PM
Why Mesabi Trust Is a Top 5 Metals Channel Dividend Stock (MSB)Why Mesabi Trust Is a Top 5 Metals Channel Dividend Stock (MSB)
www.thestreet.com - May 1 at 12:28 PM
Mesabi Trust goes ex-dividend tomorrowMesabi Trust goes ex-dividend tomorrow
seekingalpha.com - April 26 at 6:37 PM
Mesabi Trust - 66% Upside To Fair ValueMesabi Trust - 66% Upside To Fair Value
seekingalpha.com - April 13 at 6:23 PM
3 Top Iron Ore Stocks to Buy in 20173 Top Iron Ore Stocks to Buy in 2017
www.fool.com - April 2 at 10:33 AM
MESABI TRUST Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and ExhibitsMESABI TRUST Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
biz.yahoo.com - January 23 at 6:57 PM
MESABI TRUST Files SEC form 10-Q, Quarterly ReportMESABI TRUST Files SEC form 10-Q, Quarterly Report
us.rd.yahoo.com - December 9 at 2:45 AM
Form 8-K MESABI TRUST For: Oct 14Form 8-K MESABI TRUST For: Oct 14
www.streetinsider.com - October 17 at 6:08 PM
Hottest Financial Stocks Now - NOAH RBS INBK COWN - Investorplace.comHottest Financial Stocks Now - NOAH RBS INBK COWN - Investorplace.com
investorplace.com - May 24 at 12:15 PM
MESABI TRUST Files SEC form 8-K, Regulation FD DisclosureMESABI TRUST Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - May 2 at 4:07 PM
Mesabi Trust (MSB) Ex-Dividend Date Scheduled for April 27, 2016 - NasdaqMesabi Trust (MSB) Ex-Dividend Date Scheduled for April 27, 2016 - Nasdaq
www.nasdaq.com - April 26 at 9:30 PM
Mesabi Trust declares $0.20 distributionMesabi Trust declares $0.20 distribution
seekingalpha.com - April 15 at 4:52 PM
MESABI TRUST Files SEC form 10-K, Annual ReportMESABI TRUST Files SEC form 10-K, Annual Report
biz.yahoo.com - April 14 at 4:23 PM
Biggest Movers in Finance Stocks Now - NATL VRNG OCN MSB - Investorplace.comBiggest Movers in Finance Stocks Now - NATL VRNG OCN MSB - Investorplace.com
investorplace.com - March 8 at 11:55 AM
Biggest Movers in Finance Stocks Now - MSB AJX OFG UBOH - Investorplace.comBiggest Movers in Finance Stocks Now - MSB AJX OFG UBOH - Investorplace.com
investorplace.com - March 3 at 7:33 PM
Wednesday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Oil & Gas Exploration & Production StocksWednesday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Oil & Gas Exploration & Production Stocks
www.nasdaq.com - March 2 at 7:32 PM
Wednesday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Oil & Gas E&P StocksWednesday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Oil & Gas E&P Stocks
www.forbes.com - March 2 at 3:57 PM

SEC Filings

Mesabi Trust (NYSE:MSB) SEC Filings

DateFilerForm TypeView
12/08/2017
3:16 PM
Mesabi Trust (Filer)
Form 10-Q
General form for quarterly reports under Section 13 or 15(d)  
View Filing

Social Media

Financials

Mesabi Trust (NYSE:MSB) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Mesabi Trust (NYSE MSB) Stock Chart for Tuesday, December, 12, 2017

Loading chart…

This page was last updated on 12/12/2017 by MarketBeat.com Staff

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