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

$25.30 -1.00 (-3.80 %)
(As of 02/23/2018 04:00 PM ET)
Previous Close$25.30
Today's Range$25.20 - $26.52
52-Week Range$12.70 - $30.92
Volume88,229 shs
Average Volume126,179 shs
Market Capitalization$350.30 million
P/E Ratio13.75
Dividend Yield17.68%
Beta0.45

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
SectorFinancials
SymbolNYSE:MSB
CUSIPN/A
Phone904-271-2520

Debt

Debt-to-Equity RatioN/A
Current Ratio3.47%
Quick Ratio3.47%

Price-To-Earnings

Trailing P/E Ratio13.75
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$10.74 million
Price / Sales30.91
Cash Flow$0.69 per share
Price / Cash36.44
Book Value$0.78 per share
Price / Book32.44

Profitability

Trailing EPS$1.84
Net Income$9.61 million
Net Margins98.14%
Return on Equity250.59%
Return on Assets196.10%

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 declared a quarterly dividend on Tuesday, January 16th. Stockholders of record on Tuesday, January 30th will be given a dividend of $1.18 per share on Tuesday, February 20th. This represents a $4.72 annualized dividend and a dividend yield of 18.66%. The ex-dividend date of this dividend is Monday, January 29th. This is a boost 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 quarterly earnings results on Thursday, September, 7th. The mining company reported $1.00 earnings per share (EPS) for the quarter. The mining company had revenue of $13.36 million for the quarter. Mesabi Trust had a net margin of 98.14% and a return on equity of 250.59%. 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 Friday, April, 13th 2018. 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 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 purchased 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 $25.30.

How big of a company is Mesabi Trust?

Mesabi Trust has a market capitalization of $350.30 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:  37 (Vote Outperform)
Underperform Votes:  61 (Vote Underperform)
Total Votes:  98
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
4/13/2018        
9/7/2017Q2 2018$1.00$13.36 millionViewN/AView Earnings Details
6/8/2017Q1 2018$0.26$3.66 millionViewN/AView Earnings Details
4/14/2017Q4 2017$0.34$4.68 millionViewN/AView Earnings Details
12/8/2016Q3 2017$0.24$3.44 millionViewN/AView Earnings Details
9/8/2016Q2 2017$0.18$2.61 millionViewN/AView Earnings Details
6/6/2016Q1 2017($0.03)ViewN/AView Earnings Details
4/15/2016Q4 2016$0.21$3.05 millionViewN/AView Earnings Details
12/8/2015Q3 2016$0.18$2.62 millionViewN/AView Earnings Details
9/4/2015Q2 2016$0.19$2.74 millionViewN/AView Earnings Details
5/6/2015Q1 2016$0.07$1.32 millionViewN/AView Earnings Details
4/15/2015Q4 2015$0.43$5.93 millionViewN/AView Earnings Details
12/5/2014Q3 2015$0.88$11.78 millionViewN/AView Earnings Details
9/5/2014Q2 2015$0.57$7.86 millionViewN/AView Earnings Details
6/6/2014Q1 2015$0.01$0.50 millionViewN/AView Earnings Details
4/15/2014Q4 2014$0.39$5.33 millionViewN/AView Earnings Details
12/6/2013Q3 2014$0.47$6.35 millionViewN/AView Earnings Details
9/6/2013Q2 2014$0.58$7.84 millionViewN/AView Earnings Details
6/5/2013Q1 2014$0.17$2.53 millionViewN/AView Earnings Details
4/10/2013Q4 2013$0.36$5.00 millionViewN/AView Earnings Details
12/6/2012Q3 2013$0.77$0.89ViewN/AView Earnings Details
9/5/2012Q2 2013$0.83ViewN/AView Earnings Details
6/5/2012Q1 2013$0.90$1.00ViewN/AView Earnings Details
4/13/2012Q4 2012$0.48ViewN/AView Earnings Details
12/7/2011Q3 2012$1.04$1.05ViewN/AView Earnings Details
9/8/2011Q2 2012$0.77ViewN/AView Earnings Details
6/3/2011Q1 2012$0.33$0.23ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

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:2/20/2018
Annual Dividend:$4.72
Dividend Yield:18.66%
Dividend Growth:-5.60% (3 Year Average)
Payout Ratio:256.52% (Trailing 12 Months of Earnings)
Track Record:4 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
1/16/2018quarterly$1.1816.3%1/29/20181/30/20182/20/2018
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
Mesabi Trust: 10% Dividend Yield With Price Appreciation PotentialMesabi Trust: 10% Dividend Yield With Price Appreciation Potential
seekingalpha.com - February 22 at 8:04 AM
Mesabi Trust: 18% Dividend Yield With Price Appreciation PotentialMesabi Trust: 18% Dividend Yield With Price Appreciation Potential
seekingalpha.com - February 20 at 5:58 PM
Be Careful About Buying Mesabi Trust (NYSE:MSB) For The 2.68% DividendBe 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 StewartSA 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)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, 2018Ex-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 ShareMesabi 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?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 -- AgainThese 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?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, 2017Mesabi 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, 2017Mesabi 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?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

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Social Media

Financials

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

Chart

Mesabi Trust (NYSE MSB) Stock Chart for Friday, February, 23, 2018

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This page was last updated on 2/23/2018 by MarketBeat.com Staff

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