Mesabi Trust Stock Today

MSB Stock  USD 26.03  0.51  1.92%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Mesabi Trust is trading at 26.03 as of the 25th of November 2024, a 1.92 percent down since the beginning of the trading day. The stock's open price was 26.54. Mesabi Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Mesabi Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of December 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
30th of December 1987
Category
Basic Materials
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. Mesabi Trust operates under Steel classification in the United States and is traded on New York Stock Exchange. The company has 13.12 M outstanding shares of which 426 K shares are now shorted by investors with about 20.38 days to cover. More on Mesabi Trust

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Mesabi Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationMetals & Mining, Materials, Basic Materials, NYSE Composite, SPASX 300, Australia All Ordinaries, VN100, ASX Small Ordinaries, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets1.30.7112
Way Up
Slightly volatile
Asset Turnover1.40.8566
Way Up
Slightly volatile
Gross Profit Margin1.090.9888
Significantly Up
Slightly volatile
Total Current Liabilities6.7 M5.7 M
Fairly Up
Pretty Stable
Total Assets28 M26.7 M
Sufficiently Up
Slightly volatile
Total Current Assets28 M26.7 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities18.5 M14.6 M
Significantly Up
Pretty Stable
Mesabi Trust (MSB) is traded on New York Stock Exchange in USA. It is located in 1 Columbus Circle, New York, NY, United States, 10019 and employs 5 people. Mesabi Trust is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 341.51 M. Mesabi Trust runs under Metals & Mining sector within Materials industry. The entity has 13.12 M outstanding shares of which 426 K shares are now shorted by investors with about 20.38 days to cover. Mesabi Trust has about 13.97 M in cash with 14.61 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.97.
Check Mesabi Trust Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Mesabi Trust is $341.51 Million. 30% of Mesabi Trust outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Mesabi Ownership Details

Mesabi Stock Institutional Holders

InstituionRecorded OnShares
Ofi Invest Asset Management2024-06-30
35.8 K
Bank Of America Corp2024-06-30
34.8 K
Pecaut & Co2024-09-30
32.8 K
Marshall Wace Asset Management Ltd2024-06-30
31.8 K
Nbc Securities Inc2024-09-30
30.9 K
Royal Bank Of Canada2024-06-30
26.1 K
Hightower Advisors, Llc2024-06-30
19.7 K
One Charles Private Wealth Services, Llc2024-09-30
18.2 K
Raymond James & Associates2024-09-30
18.1 K
Horizon Asset Management Inc/ny2024-09-30
2.7 M
Valueworks Llc2024-09-30
824.4 K
View Mesabi Trust Diagnostics

Mesabi Trust Historical Income Statement

At present, Mesabi Trust's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 4 M, whereas Total Revenue is forecasted to decline to about 17.1 M. View More Fundamentals

Mesabi Stock Against Markets

Mesabi Trust Corporate Management

When determining whether Mesabi Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mesabi Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mesabi Trust Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mesabi Trust Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesabi Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Mesabi Stock refer to our How to Trade Mesabi Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mesabi Trust. If investors know Mesabi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mesabi Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.405
Dividend Share
1.31
Earnings Share
1.35
Revenue Per Share
2.078
Quarterly Revenue Growth
2.381
The market value of Mesabi Trust is measured differently than its book value, which is the value of Mesabi that is recorded on the company's balance sheet. Investors also form their own opinion of Mesabi Trust's value that differs from its market value or its book value, called intrinsic value, which is Mesabi Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mesabi Trust's market value can be influenced by many factors that don't directly affect Mesabi Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mesabi Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesabi Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesabi Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.