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How to buy Mesabi Trust (MSB) stocks in Canada
Learn how to easily invest in Mesabi Trust stocks.
Mesabi Trust is a steel business based in the US. Mesabi Trust stocks (MSB.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $35.43 – an increase of 7% over the previous week. Mesabi Trust employs 0 staff and has a trailing 12-month revenue of around $71.5 million.
How to buy stocks in Mesabi Trust
- Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – MSB – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in Mesabi Trust?
- Has coronavirus impacted Mesabi Trust shares?
- Mesabi Trust shares summary
- Compare share dealing platforms
- Is Mesabi Trust stock a buy or sell?
- Mesabi Trust performance over time
- Are Mesabi Trust shares over-valued?
- Mesabi Trust's financials
- How volatile are Mesabi Trust shares?
- Does Mesabi Trust pay a dividend?
- Other common questions
Mesabi Trust stock price (NYSE:MSB)Use our graph to track the performance of MSB stocks over time.
Mesabi Trust shares at a glance
|Latest market close||$24.77|
|52-week range||$18.40 - $33.58|
|50-day moving average||$25.78|
|200-day moving average||$28.17|
|Wall St. target price||$33.00|
|Dividend yield||$4.15 (17.47%)|
|Earnings per share (TTM)||$5.24|
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Note: The dollar amounts in the table below are in Canadian dollars.
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.
Mesabi Trust price performance over time
|1 week (2022-05-10)||8.36%|
|1 month (2022-04-20)||-15.32%|
|3 months (2022-02-18)||7.74%|
|6 months (2021-11-19)||1.18%|
|1 year (2021-05-20)||-36.29%|
|2 years (2020-05-20)||53.47%|
|3 years (2019-05-20)||29.65|
|5 years (2017-05-19)||78.20%|
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 5x. In other words, Mesabi Trust shares trade at around 5x 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||$71.5 million|
|Operating margin TTM||96.34%|
|Gross profit TTM||$71.5 million|
|Return on assets TTM||111.99%|
|Return on equity TTM||290.94%|
|Market capitalisation||$326 million|
TTM: trailing 12 months
Mesabi Trust share dividends
Dividend payout ratio: 74.05% of net profits
Recently Mesabi Trust has paid out, on average, around 74.05% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 17.47% 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 17.47% return on their shares, in the form of dividend payments. In Mesabi Trust's case, that would currently equate to about $4.15 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 May 2022. The latest dividend was paid out to all shareholders who bought their shares by 27 April 2022 (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 $18.3958 up to $33.5834. 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 0.8621. This would suggest that Mesabi Trust's shares are less volatile than average (for this exchange).
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. .
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Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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