How to buy Mesabi Trust stock | $37.22

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.

Mesabi Trust stock price (NYSE: MSB)

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

Mesabi Trust shares at a glance

• Key figures

Information last updated 2021-07-28.

Latest market close	$37.22
52-week range	$16.39 - $39.61
50-day moving average	$35.68
200-day moving average	$32.68
Wall St. target price	$33.00
PE ratio	15.2916
Dividend yield	$1.76 (5.08%)
Earnings per share (TTM)	$2.32

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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 $37.22 from 2021-05-28

1 week (2021-07-23)	N/A
1 month (2021-07-02)	3.39%
3 months (2021-05-03)	3.22%
6 months (2021-01-30)	N/A

1 year (2020-07-30)	N/A
2 years (2019-07-30)	N/A
3 years (2018-07-30)	N/A
5 years (2016-07-30)	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 15x. In other words, Mesabi Trust shares trade at around 15x 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	$33.2 million
Operating margin TTM	91.75%
Gross profit TTM	$26 million
Return on assets TTM	90.99%
Return on equity TTM	31197.34%
Profit margin	91.52%
Book value	$1.02
Market capitalisation	$464.4 million

TTM: trailing 12 months

Shorting Mesabi Trust shares

There are currently 58,286 Mesabi Trust shares held short by investors – that's known as Mesabi Trust's "short interest". This figure is 53.9% down from 126,517 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 32744.943820225). Mesabi Trust's SIR currently stands at 1.78. In other words for every 100,000 Mesabi Trust shares traded daily on the market, roughly 1780 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 0.0044% of the tradable shares (for every 100,000 tradable Mesabi Trust shares, roughly 4 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: 73.19% of net profits

Recently Mesabi Trust has paid out, on average, around 73.19% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.19% 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 5.19% return on their shares, in the form of dividend payments. In Mesabi Trust's case, that would currently equate to about $1.76 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 19 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 28 July 2021 (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 $16.3916 up to $39.6099. 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 1.1034. 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 iron ore mining business in the United States. The company was incorporated 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 27.32% 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