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.
Industry, Sector and Symbol
Industry Investment Trusts
Trailing P/E Ratio14.375
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$10.74 million
Price / Sales32.19
Cash Flow$0.73 per share
Price / Cash36.24
Book Value$0.78 per share
Price / Book33.78
Net Income$9.61 million
Return on Equity239.61%
Return on Assets171.01%
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 declared a quarterly dividend on Tuesday, January 16th. Investors of record on Tuesday, January 30th will be paid a dividend of $1.18 per share on Tuesday, February 20th. This represents a $4.72 dividend on an annualized basis and a dividend yield of 17.91%. The ex-dividend date of this dividend is Monday, January 29th. This is a positive change from Mesabi Trust's previous quarterly dividend of $0.64. View Mesabi Trust's Dividend History.
How were Mesabi Trust's earnings last quarter?
Mesabi Trust (NYSE:MSB) released 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 net margin of 96.95% and a return on equity of 239.61%. View Mesabi Trust's Earnings History.
When will Mesabi Trust make its next earnings announcement?
Who are some of Mesabi Trust's key competitors?
Some companies that are related to Mesabi Trust include SPDR S&P Retail (XRT), Draper Esprit (GROW), Oakley Capital Investments (OCI), Capital Southwest (CSWC), Standard Life Equity Income Trust (SLET), International Biotechnology Trust (IBT), Saratoga Investment (SAR), Tiziana Life Sciences (TILS), CM Finance (CMFN), Gresham House (GHE), PowerShares Dynamic Sm. Cap Growth (PXSG), Cluff Natural Resources (CLNR), Legendary Investments (LEG), Mineral & Financial Investments (MAFL), Amedeo Resources (AMED), Henderson Global Trust (HGL), ProShares Ultra MSCI Emerging Markets (EET) and ProShares UltraShort Russell2000 (TWM).
Who owns Mesabi Trust stock?
Mesabi Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include Beddow Capital Management Inc. (4.42%), SFE Investment Counsel (1.56%), Brightline Capital Management LLC (1.22%), Acadian Asset Management LLC (0.79%), Renaissance Technologies LLC (0.53%) and Deutsche Bank AG (0.53%). 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 Deutsche Bank AG, SFE Investment Counsel, Renaissance Technologies LLC, Beddow Capital Management Inc., Opus Capital Group LLC and Beach Investment Counsel Inc. PA. 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 Brightline Capital Management LLC, Acadian Asset Management LLC, Driehaus Capital Management LLC, Arrowstreet Capital Limited Partnership, Ladenburg Thalmann Financial Services Inc., Two Sigma Investments LP and First Dallas Securities 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 $26.35.
How big of a company is Mesabi Trust?
Mesabi Trust has a market capitalization of $348.34 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)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.
Mesabi Trust (NYSE:MSB) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Mesabi Trust (NYSE:MSB) Earnings History and Estimates Chart
Mesabi Trust (NYSE MSB) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/13/2018|| || || || || || || || |
|9/7/2017||Q2 2018||$1.00||$13.36 million||View||N/A|
|6/8/2017||Q1 2018||$0.26||$3.66 million||View||N/A|
|4/14/2017||Q4 2017||$0.34||$4.68 million||View||N/A|
|12/8/2016||Q3 2017||$0.24||$3.44 million||View||N/A|
|9/8/2016||Q2 2017||$0.18||$2.61 million||View||N/A|
|4/15/2016||Q4 2016||$0.21||$3.05 million||View||N/A|
|12/8/2015||Q3 2016||$0.18||$2.62 million||View||N/A|
|9/4/2015||Q2 2016||$0.19||$2.74 million||View||N/A|
|5/6/2015||Q1 2016||$0.07||$1.32 million||View||N/A|
|4/15/2015||Q4 2015||$0.43||$5.93 million||View||N/A|
|12/5/2014||Q3 2015||$0.88||$11.78 million||View||N/A|
|9/5/2014||Q2 2015||$0.57||$7.86 million||View||N/A|
|6/6/2014||Q1 2015||$0.01||$0.50 million||View||N/A|
|4/15/2014||Q4 2014||$0.39||$5.33 million||View||N/A|
|12/6/2013||Q3 2014||$0.47||$6.35 million||View||N/A|
|9/6/2013||Q2 2014||$0.58||$7.84 million||View||N/A|
|6/5/2013||Q1 2014||$0.17||$2.53 million||View||N/A|
|4/10/2013||Q4 2013||$0.36||$5.00 million||View||N/A|
Mesabi Trust (NYSE:MSB) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Mesabi Trust (NYSE:MSB) Dividend Information
|Dividend Growth:||-5.60% (3 Year Average)|
|Payout Ratio:||256.52% (Trailing 12 Months of Earnings) |
|Track Record:||4 Years of Consecutive Dividend Growth|
Mesabi Trust (NYSE:MSB) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Mesabi Trust (NYSE MSB)
No insider trades for this company have been tracked by MarketBeat.com
Mesabi Trust (NYSE MSB) News Headlines
|Be Careful About Buying Mesabi Trust (NYSE:MSB) For The 2.68% Dividend|
finance.yahoo.com - February 13 at 8:12 AM
|SA Interview: Opportunistic Value Investing With Nat Stewart|
seekingalpha.com - February 11 at 3:41 PM
|Stock Traders Buy High Volume of Mesabi Trust Put Options (MSB)|
www.americanbankingnews.com - February 1 at 3:56 AM
|Ex-Dividend Alert: Mesabi Trust Raised its Quarterly Dividend by 84%; Will Trade Ex-Dividend on January 29, 2018|
finance.yahoo.com - January 26 at 7:51 AM
|Mesabi Trust (MSB) Raises Dividend to $1.18 Per Share|
www.americanbankingnews.com - January 16 at 6:10 PM
|Is Mesabi Trust’s (NYSE:MSB) 230.07% ROE Good Enough Compared To Its Industry?|
finance.yahoo.com - January 11 at 10:21 AM
|These Stocks Could Double -- Again|
finance.yahoo.com - January 9 at 4:55 PM
|Is Mesabi Trust’s (NYSE:MSB) Liquidity As Good As Its Solvency?|
finance.yahoo.com - December 18 at 10:22 AM
|Mesabi Trust :MSB-US: Earnings Analysis: Q3, 2018 By the Numbers : December 12, 2017|
finance.yahoo.com - December 12 at 5:12 PM
|Mesabi Trust breached its 50 day moving average in a Bullish Manner : MSB-US : December 12, 2017|
finance.yahoo.com - December 12 at 10:29 AM
|Should You Buy Mesabi Trust (MSB) At This PE Ratio?|
finance.yahoo.com - November 24 at 6:43 PM
|MSB'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, 2017|
finance.yahoo.com - October 31 at 6:34 AM
|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 $0.64|
www.americanbankingnews.com - October 16 at 6:20 PM
|Mesabi Trust Press Release|
finance.yahoo.com - October 14 at 5:17 AM
|Stocks 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)?|
finance.yahoo.com - October 2 at 11:37 AM
|Mesabi 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, 2017|
finance.yahoo.com - September 12 at 2:51 AM
|Mesabi Trust (MSB) Issues Earnings Results|
www.americanbankingnews.com - September 9 at 10:28 AM
|Mesabi posts 2Q profit|
finance.yahoo.com - September 9 at 6:25 AM
|Vedanta 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, 2017|
finance.yahoo.com - August 29 at 2:43 AM
|Mesabi Trust (MSB) Downgraded to "C+" at TheStreet|
www.americanbankingnews.com - August 9 at 9:10 AM
|Mesabi 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)|
www.thestreet.com - May 1 at 12:28 PM
|Mesabi Trust goes ex-dividend tomorrow|
seekingalpha.com - April 26 at 6:37 PM
|Mesabi Trust - 66% Upside To Fair Value|
seekingalpha.com - April 13 at 6:23 PM
|3 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 Exhibits|
biz.yahoo.com - January 23 at 6:57 PM
|MESABI 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 14|
www.streetinsider.com - October 17 at 6:08 PM
|Hottest 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 Disclosure|
biz.yahoo.com - May 2 at 4:07 PM
|Mesabi 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 distribution|
seekingalpha.com - April 15 at 4:52 PM
|MESABI 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.com|
investorplace.com - March 8 at 11:55 AM
|Biggest 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 Stocks|
www.nasdaq.com - March 2 at 7:32 PM
|Wednesday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Oil & Gas E&P Stocks|
www.forbes.com - March 2 at 3:57 PM
Mesabi Trust (NYSE:MSB) SEC Filings
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Mesabi Trust (NYSE:MSB) Income Statement, Balance Sheet and Cash Flow Statement
Mesabi Trust (NYSE MSB) Stock Chart for Tuesday, February, 20, 2018