Mesabi Trust (MSB)
| Market Cap | 390.58M |
| Revenue (ttm) | 53.71M |
| Net Income (ttm) | 50.45M |
| Shares Out | 13.12M |
| EPS (ttm) | 3.85 |
| PE Ratio | 7.74 |
| Forward PE | n/a |
| Dividend | $1.80 (6.05%) |
| Ex-Dividend Date | Jul 29, 2021 |
| Volume | 44,177 |
| Open | 30.95 |
| Previous Close | 31.56 |
| Day's Range | 29.10 - 30.95 |
| 52-Week Range | 18.89 - 39.51 |
| Beta | 1.09 |
| Analysts | n/a |
| Price Target | 33.00 (+10.8%) |
| Est. Earnings Date | Dec 9, 2021 |
About 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.
Financial Performance
In 2020, Mesabi Trust's revenue was $25.95 million, a decrease of -18.88% compared to the previous year's $31.99 million. Earnings were $23.41 million, a decrease of -22.12%.
Financial StatementsNews
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of nine cents ($0.09) per Unit of Beneficial Interest payable on August 20, 2021 to Mesabi Trust Unitholders of...
Top 5 1st-Quarter Buys of Murray Stahl's Horizon Kinetics
Murray Stahl (Trades, Portfolio), co-founder of Horizon Kinetics, disclosed this week that his firm's top five buys during the first quarter were in West Fraser Timber Co. Ltd. ( WFG , Financial), Brigh...
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--On April 30, 2021, the Trustees of Mesabi Trust (NYSE: MSB) received the quarterly royalty report of iron ore shipments from Silver Bay, Minnesota during the quarter ended Mar...
Mesabi Trust Remains Attractive To Yield-Centric Investors
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, MSB is a l...
Murray Stahl Digs Deeper Into Mesabi Trust
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%.
Mesabi Trust Press Release
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 Trust Unitho...
Stay Away From Mesabi Trust Due To Poor Short-Term Dividend Outlook
Stay Away From Mesabi Trust Due To Poor Short-Term Dividend Outlook
Mesabi Trust: A 12% Dividend With A Positive Outlook On Iron Ore
Mesabi Trust: A 12% Dividend With A Positive Outlook On Iron Ore
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