Mesabi Trust Stock Today
MSB Stock | USD 26.03 0.51 1.92% |
Performance16 of 100
| Odds Of DistressLess than 9
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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
Moving together with Mesabi Stock
0.93 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
0.72 | MT | ArcelorMittal SA ADR | PairCorr |
0.74 | RS | Reliance Steel Aluminum | PairCorr |
Moving against Mesabi Stock
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Mesabi Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
Business Concentration | Metals & 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
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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 AllocationThe 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
Instituion | Recorded On | Shares | |
Ofi Invest Asset Management | 2024-06-30 | 35.8 K | |
Bank Of America Corp | 2024-06-30 | 34.8 K | |
Pecaut & Co | 2024-09-30 | 32.8 K | |
Marshall Wace Asset Management Ltd | 2024-06-30 | 31.8 K | |
Nbc Securities Inc | 2024-09-30 | 30.9 K | |
Royal Bank Of Canada | 2024-06-30 | 26.1 K | |
Hightower Advisors, Llc | 2024-06-30 | 19.7 K | |
One Charles Private Wealth Services, Llc | 2024-09-30 | 18.2 K | |
Raymond James & Associates | 2024-09-30 | 18.1 K | |
Horizon Asset Management Inc/ny | 2024-09-30 | 2.7 M | |
Valueworks Llc | 2024-09-30 | 824.4 K |
Mesabi Trust Historical Income Statement
Mesabi Stock Against Markets
Mesabi Trust Corporate Management
Robert Berglund | Trustee | Profile | |
Jeffrey Schoenfeld | Co Trustee | Profile | |
Robin Radke | Trustee | Profile | |
James Ehrenberg | Trustee | Profile | |
Michael Mlinar | Trustee | Profile |
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.