How to buy Mesabi Trust stock | $26.34

Mesabi Trust is a steel business based in the US. Mesabi Trust shares (MSB) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in Mesabi Trust

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Mesabi Trust. Find the stock by name or ticker symbol: MSB. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Mesabi Trust reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$26.34, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Mesabi Trust, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Mesabi Trust. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Mesabi Trust share price

Use our graph to track the performance of MSB stocks over time.

Mesabi Trust shares at a glance

• Key figures

Information last updated 2020-12-07.

Latest market close	USD$26.34
52-week range	USD$9.229 - USD$25.96
50-day moving average	USD$23.0144
200-day moving average	USD$20.0481
Wall St. target price	USD$33
PE ratio	17.2849
Dividend yield	USD$1.67 (6.49%)
Earnings per share (TTM)	USD$1.488

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Is it a good time to buy Mesabi Trust stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Mesabi Trust by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Mesabi Trust price performance over time

Historical closes compared with the close of $26.34 from 2020-12-09

1 week (2021-01-13)	N/A
1 month (2020-12-24)	-7.84%
3 months (2020-10-20)	N/A
6 months (2020-07-20)	N/A

1 year (2020-01-20)	N/A
2 years (2019-01-20)	N/A
3 years (2018-01-20)	N/A
5 years (2016-01-20)	N/A

Is Mesabi Trust under- or over-valued?

Valuing Mesabi Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Mesabi Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Mesabi Trust's P/E ratio

Mesabi Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Mesabi Trust shares trade at around 17x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Mesabi Trust financials

Revenue TTM	USD$21.6 million
Operating margin TTM	90.86%
Gross profit TTM	USD$32 million
Return on assets TTM	66.04%
Return on equity TTM	117.21%
Profit margin	90.52%
Book value	$0.923
Market capitalisation	USD$337.4 million

TTM: trailing 12 months

Shorting Mesabi Trust shares

There are currently 64,782 Mesabi Trust shares held short by investors – that's known as Mesabi Trust's "short interest". This figure is 22.3% down from 83,347 last month.

There are a few different ways that this level of interest in shorting Mesabi Trust shares can be evaluated.

Mesabi Trust's "short interest ratio" (SIR)

Mesabi Trust's "short interest ratio" (SIR) is the quantity of Mesabi Trust shares currently shorted divided by the average quantity of Mesabi Trust shares traded daily (recently around 51414.285714286). Mesabi Trust's SIR currently stands at 1.26. In other words for every 100,000 Mesabi Trust shares traded daily on the market, roughly 1260 shares are currently held short.

However Mesabi Trust's short interest can also be evaluated against the total number of Mesabi Trust shares, or, against the total number of tradable Mesabi Trust shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Mesabi Trust's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Mesabi Trust shares in existence, roughly 0 shares are currently held short) or 0.0049% of the tradable shares (for every 100,000 tradable Mesabi Trust shares, roughly 5 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Mesabi Trust.

Find out more about how you can short Mesabi Trust stock.

Mesabi Trust share dividends

Dividend payout ratio: 163.87% of net profits

Recently Mesabi Trust has paid out, on average, around 163.87% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.49% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Mesabi Trust shareholders could enjoy a 6.49% return on their shares, in the form of dividend payments. In Mesabi Trust's case, that would currently equate to about $1.67 per share.

Mesabi Trust's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Mesabi Trust's most recent dividend payout was on 20 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 29 October 2020 (the "ex-dividend date").

Mesabi Trust share price volatility

Over the last 12 months, Mesabi Trust's shares have ranged in value from as little as $9.229 up to $25.96. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Mesabi Trust's is 1.1113. This would suggest that Mesabi Trust's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Mesabi Trust overview

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.

Frequently asked questions

• What percentage of Mesabi Trust is owned by insiders or institutions?

  Currently 0.077% of Mesabi Trust shares are held by insiders and 19.637% by institutions.

• When does the fiscal year end for Mesabi Trust?

  Mesabi Trust's fiscal year ends in January.

• Where is Mesabi Trust based?

  Mesabi Trust's address is: 60 Wall Street, New York, NY, United States, 10005

• What is Mesabi Trust's ISIN number?

  Mesabi Trust's international securities identification number is: US5906721015

• What is Mesabi Trust's CUSIP number?

  Mesabi Trust's Committee on Uniform Securities Identification Procedures number is: 590672101