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Mesabi Trust (MSB)

NYSE: MSB · Delayed Price · USD
29.77 -1.79 (-5.67%)
Sep 20, 2021 4:00 PM EDT - Market closed
Market Cap390.58M
Revenue (ttm)53.71M
Net Income (ttm)50.45M
Shares Out13.12M
EPS (ttm)3.85
PE Ratio7.74
Forward PEn/a
Dividend$1.80 (6.05%)
Ex-Dividend DateJul 29, 2021
Volume44,177
Open30.95
Previous Close31.56
Day's Range29.10 - 30.95
52-Week Range18.89 - 39.51
Beta1.09
Analystsn/a
Price Target33.00 (+10.8%)
Est. Earnings DateDec 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.

IndustryMetals & Mining
Founded1961
Stock ExchangeNYSE
Ticker SymbolMSB
Full Company Profile

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 Statements

News

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...

2 months ago - Business Wire

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...

Other symbols:ADMICEMNRLWFG
4 months ago - GuruFocus

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...

4 months ago - Business Wire

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...

8 months ago - Seeking Alpha

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%.

9 months ago - GuruFocus

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...

11 months ago - Business Wire

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

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

1 year ago - Seeking Alpha

Mesabi Trust: It Will Come Back

Mesabi Trust: It Will Come Back

1 year ago - Seeking Alpha

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

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

1 year ago - Seeking Alpha

Mine These Hidden Gems For Dividends Up To 11.9%

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 symbols:HVTIIPRPETS
2 years ago - Forbes