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Mesabi Trust (MSB)

Stock Price: $27.33 USD -0.76 (-2.71%)
Updated Jan 15, 2021 4:00 PM EST - Market closed
Market Cap 352.80M
Revenue (ttm) 20.74M
Net Income (ttm) 18.50M
Shares Out 13.12M
EPS (ttm) 1.41
PE Ratio 19.38
Forward PE n/a
Dividend $1.43
Dividend Yield 5.23%
Trading Day January 15
Last Price $27.33
Previous Close $28.09
Change ($) -0.76
Change (%) -2.71%
Day's Open 27.88
Day's Range 27.10 - 28.18
Day's Volume 54,118
52-Week Range 9.27 - 29.50

News

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Business Wire - 4 days ago

NEW YORK--(BUSINESS WIRE)--The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of forty-six cents ($0.46) per Unit of Beneficial Interest payable on February 20, 2021 to Mesabi Tru...

Seeking Alpha - 1 week ago

Mesabi Trust is likely to enjoy a strong 2021 on iron ore pricing offering a favorable setup for yield centric-investors. On a macro view, should investors look beyond fixed income for yield, ...

GuruFocus - 1 month ago

Horizon Kinetics leader Murray Stahl (Trades, Portfolio) disclosed earlier this week he expanded the firm's stake in Mesabi Trust (NYSE:MSB) by 18.04%.

Business Wire - 3 months ago

NEW YORK--(BUSINESS WIRE)--The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-six cents ($0.36) per Unit of Beneficial Interest payable on November 20, 2020 to Mesabi Tr...

Seeking Alpha - 5 months ago

Stay Away From Mesabi Trust Due To Poor Short-Term Dividend Outlook

Seeking Alpha - 8 months ago

Mesabi Trust: It Will Come Back

Seeking Alpha - 11 months ago

Mesabi Trust: A 12% Dividend With A Positive Outlook On Iron Ore

Forbes - 1 year ago

I love “secret dividends.” They’re one of the few safe ways to collect yields up to 11.9% in a 1.9% world!

Other stocks mentioned: HVT, HVT.A, IIPR, PETS

About MSB

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

Industry
Steel
Founded
1961
Stock Exchange
NYSE
Ticker Symbol
MSB
Full Company Profile

Financial Performance

In 2019, Mesabi Trust's revenue was $31.99 million, a decrease of -32.36% compared to the previous year's $47.29 million. Earnings were $30.06 million, a decrease of -34.03%.

Financial Statements

Analyst Forecasts

The average 12-month stock price forecast for Mesabi Trust is 33.00, which is an increase of 20.75% from the latest price.

Price Target
$33.00
(20.75% upside)