How have MSB shares performed in 2024?

Mesabi Trust's stock was trading at $20.47 at the beginning of 2024. Since then, MSB stock has decreased by 16.4% and is now trading at $17.12. View the best growth stocks for 2024 here .

Are investors shorting Mesabi Trust?

Mesabi Trust saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 482,600 shares, an increase of 30.8% from the February 29th total of 369,000 shares. Based on an average daily trading volume, of 34,700 shares, the short-interest ratio is currently 13.9 days. Approximately 3.7% of the company's shares are sold short. View Mesabi Trust's Short Interest .

When is Mesabi Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024. View our MSB earnings forecast .

How were Mesabi Trust's earnings last quarter?

Mesabi Trust (NYSE:MSB) posted its quarterly earnings results on Thursday, September, 7th. The mining company reported $1.00 earnings per share for the quarter. The mining company had revenue of $13.36 million for the quarter.

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

Mesabi Trust declared a quarterly dividend on Tuesday, April 16th. Investors of record on Tuesday, April 30th will be paid a dividend of $0.29 per share on Monday, May 20th. This represents a $1.16 annualized dividend and a dividend yield of 6.78%. The ex-dividend date is Monday, April 29th. Read our dividend analysis for MSB .

Is Mesabi Trust a good dividend stock?

Mesabi Trust (NYSE:MSB) pays an annual dividend of $1.48 per share and currently has a dividend yield of 8.58%. MSB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 172.09%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for MSB .

What ETF holds Mesabi Trust's stock?

Horizon Kinetics Inflation Beneficiaries ETF holds 319,107 shares of MSB stock, representing 0.88% of its portfolio.

What other stocks do shareholders of Mesabi Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mesabi Trust investors own include Energy Transfer (ET) , Main Street Capital (MAIN) , Prospect Capital (PSEC) , AT&T (T) , AbbVie (ABBV) , Lumen Technologies (LUMN) , Omega Healthcare Investors (OHI) , PhenixFIN (MCC) , Enterprise Products Partners (EPD) and Pfizer (PFE) .

Who are Mesabi Trust's major shareholders?

Mesabi Trust's stock is owned by many different retail and institutional investors. Top institutional shareholders include NBC Securities Inc. (0.00%). 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 .

NYSE:MSB

Mesabi Trust (MSB) Stock Price, News & Analysis

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$17.12

-0.12 (-0.70%)

(As of 04/18/2024 ET)

Compare

Today's Range: $17.00
▼
$17.34
50-Day Range: $17.04
▼
$19.45
52-Week Range: $16.68
▼
$26.00

Volume: 25,739 shs
Average Volume: 39,319 shs
Market Capitalization: N/A

P/E Ratio: 19.91
Dividend Yield: 8.64%
Price Target: N/A

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Mesabi Trust MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
3.42% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.49
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.50 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Mesabi Trust.

3.0

Short Interest

Percentage of Shares Shorted
3.42% 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 12.3, which indicates bearish sentiment.
Change versus previous month
Short interest in Mesabi Trust has recently decreased by 7.17%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Mesabi Trust is a leading dividend payer. It pays a dividend yield of 8.58%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Mesabi Trust has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Mesabi Trust is 172.09%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MSB.

1.4

News and Social Media Coverage

News Sentiment
Mesabi Trust has a news sentiment score of -0.49. 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 lower news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Mesabi Trust this week, compared to 0 articles on an average week.
Search Interest
2 people have searched for MSB on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

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.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Mesabi Trust is 19.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mesabi Trust is 19.91, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 127.84.
Price to Book Value per Share Ratio
Mesabi Trust has a P/B Ratio of 19.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Mesabi Trust Stock (NYSE:MSB)

Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was incorporated in 1961 and is based in New York, New York.

MSB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MSB Stock News Headlines

April 16, 2024 | finance.yahoo.com

Mesabi Trust (MSB)

April 7, 2024 | seekingalpha.com

MSB

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

February 7, 2024 | finance.yahoo.com

Murray Stahl's Horizon Kinetics Reduces Stake in Mesabi Trust

January 22, 2024 | msn.com

Mesabi Trust declares $0.37 dividend

January 22, 2024 | finance.yahoo.com

Mesabi Trust Press Release

November 15, 2023 | msn.com

MSB, HYMC and IAUX are among pre market gainers

October 18, 2023 | msn.com

Mesabi Trust Looks Attractive With Estimated Forward Yield Of 8.2% To 11.4%

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

September 5, 2023 | investing.com

Mesabi Trust (MSB) Earnings Dates & Reports

April 26, 2023 | msn.com

Mesabi Trust plummets as Northshore not expected to fully open this year

April 14, 2023 | msn.com

Mesabi Trust cancels distribution for April

April 14, 2023 | theglobeandmail.com

Stock Index Futures Move Lower as Investors Cautiously Await U.S. Big Bank Earnings, Retail Sales Data

January 31, 2023 | seekingalpha.com

Operating Issues And Recession Pricing Next: Avoid Mesabi Trust

December 20, 2022 | theglobeandmail.com

Pre-Market Brief: Stocks Mostly Lower as Economic Outlook Darkens, BoJ Policy Shift

December 18, 2022 | thestreet.com

7 Commodity Plays Set to Surge

December 16, 2022 | theglobeandmail.com

Pre-Market Brief: Stocks Retreat As Recession Fears Weigh On Sentiment

November 12, 2022 | finance.yahoo.com

Mesabi Trust (MSB) Stock Historical Prices & Data - Yahoo Finance

November 5, 2022 | seekingalpha.com

Mesabi Trust: Short-Term This Doesn't Look Great, Long-Term I Like

October 8, 2022 | reuters.com

msb.c - Mesabi Trust | Stock Price & Latest News | Reuters

September 14, 2022 | theglobeandmail.com

Stocks Mixed After U.S. CPI Shock Raises Fed Rate Risks

September 11, 2022 | benzinga.com

Mesabi Trust Stock (NYSE:MSB), Analyst Ratings, Price Targets, Predictions

September 9, 2022 | fool.com

Mesabi Trust(MSB)

August 3, 2022 | seekingalpha.com

How Cleveland-Cliffs' CEO Pushed Mesabi Trust's Dividend Off A Cliff

July 19, 2022 | morningstar.com

Mesabi Trust - Stock Price vs Fair Value MSB

July 15, 2022 | morningstar.com

Mesabi Trust - Stock Valuation MSB

June 14, 2022 | morningstar.com

Mesabi Trust - Stock Trailing Returns MSB

See More Headlines

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Company Calendar

Last Earnings: 9/07/2017
Ex-Dividend for 2/20 Dividend: 1/29/2024
Dividend Payable: 2/20/2024
Today: 4/19/2024
Next Earnings (Estimated): 4/22/2024
Ex-Dividend for 5/20 Dividend: 4/29/2024
Dividend Payable: 5/20/2024
Fiscal Year End: 1/31/2025

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Miscellaneous investing
Sub-Industry: N/A
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): $0.86
Trailing P/E Ratio: 19.91
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $5.31 million
Net Margins: N/A
Pretax Margin: 77.98%
Return on Equity: 67.64%
Return on Assets: 58.86%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.34
Quick Ratio: 5.34

Sales & Book Value

Annual Sales: $7.74 million
Price / Sales: N/A
Cash Flow: $0.40 per share
Price / Cash Flow: 42.60
Book Value: $0.87 per share
Price / Book: 19.68

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Optionable
Beta: 0.80

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Key Executives

Jeffrey Schoenfeld
Corp. Trustee

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MSB Stock Analysis - Frequently Asked Questions

How have MSB shares performed in 2024?: Mesabi Trust's stock was trading at $20.47 at the beginning of 2024. Since then, MSB stock has decreased by 16.4% and is now trading at $17.12.
View the best growth stocks for 2024 here.
Are investors shorting Mesabi Trust?: Mesabi Trust saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 482,600 shares, an increase of 30.8% from the February 29th total of 369,000 shares. Based on an average daily trading volume, of 34,700 shares, the short-interest ratio is currently 13.9 days. Approximately 3.7% of the company's shares are sold short.
View Mesabi Trust's Short Interest.
When is Mesabi Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our MSB earnings forecast.
How were Mesabi Trust's earnings last quarter?: Mesabi Trust (NYSE:MSB) posted its quarterly earnings results on Thursday, September, 7th. The mining company reported $1.00 earnings per share for the quarter. The mining company had revenue of $13.36 million for the quarter.
How often does Mesabi Trust pay dividends? What is the dividend yield for Mesabi Trust?: Mesabi Trust declared a quarterly dividend on Tuesday, April 16th. Investors of record on Tuesday, April 30th will be paid a dividend of $0.29 per share on Monday, May 20th. This represents a $1.16 annualized dividend and a dividend yield of 6.78%. The ex-dividend date is Monday, April 29th.
Read our dividend analysis for MSB.
Is Mesabi Trust a good dividend stock?: Mesabi Trust (NYSE:MSB) pays an annual dividend of $1.48 per share and currently has a dividend yield of 8.58%. MSB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 172.09%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MSB.

What ETF holds Mesabi Trust's stock?: Horizon Kinetics Inflation Beneficiaries ETF holds 319,107 shares of MSB stock, representing 0.88% of its portfolio.
What other stocks do shareholders of Mesabi Trust own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Mesabi Trust investors own include Energy Transfer (ET), Main Street Capital (MAIN), Prospect Capital (PSEC), AT&T (T), AbbVie (ABBV), Lumen Technologies (LUMN), Omega Healthcare Investors (OHI), PhenixFIN (MCC), Enterprise Products Partners (EPD) and Pfizer (PFE).
Who are Mesabi Trust's major shareholders?: Mesabi Trust's stock is owned by many different retail and institutional investors. Top institutional shareholders include NBC Securities Inc. (0.00%).
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.

This page (NYSE:MSB) was last updated on 4/19/2024 by MarketBeat.com Staff

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