Mesabi Trust Stock Today
| MSB Stock | USD 17.27 0.15 0.86% |
Performance0 of 100
| Odds Of DistressLess than 6
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Mesabi Trust is trading at 17.27 as of the 25th of April 2024, a -0.86 percent decrease since the beginning of the trading day. The stock's open price was 17.42. Mesabi Trust has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over 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 26th of March 2024 and ending today, the 25th of April 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 448 K shares are now shorted by investors with about 8.45 days to cover. More on Mesabi Trust
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Follow Valuation Options Odds of Bankruptcy
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Mesabi Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mesabi Trust's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mesabi Trust or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Metals & Mining, Materials, Basic Materials, NYSE Composite, VN Index, SPASX 300, ASX Small Ordinaries, Australia All Ordinaries, VN All Shares, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Mesabi Trust report their recommendations after researching Mesabi Trust's financial statements, talking to executives and customers, or listening in on Mesabi Trust's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Mesabi Trust. The Mesabi consensus assessment is calculated by taking the average forecast from all of the analysts covering Mesabi Trust. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Mesabi Trust's liquidity, profitability, solvency, and operating efficiency, Mesabi Trust may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. Financial strength of Mesabi Trust is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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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 6 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 228.55 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mesabi Trust's market, we take the total number of its shares issued and multiply it by Mesabi Trust's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mesabi Trust runs under Metals & Mining sector within Materials industry. The entity has 13.12 M outstanding shares of which 448 K shares are now shorted by investors with about 8.45 days to cover.
Mesabi Trust has about 13.97 M in cash with 13.86 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 AllocationMesabi Trust holds a total of 13.12 Million outstanding shares. 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 regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Mesabi Ownership Details
Mesabi Stock Price Odds Analysis
What are Mesabi Trust's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Mesabi Trust jumping above the current price in 90 days from now is about 85.77%. The Mesabi Trust probability density function shows the probability of Mesabi Trust stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Mesabi Trust has a beta of 0.8366. This indicates as returns on the market go up, Mesabi Trust average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mesabi Trust will be expected to be much smaller as well. Additionally, mesabi Trust has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Mesabi Trust to move above the current price in 90 days from now is about 85.77 (This Mesabi Trust probability density function shows the probability of Mesabi Stock to fall within a particular range of prices over 90 days) .
Mesabi Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Mesabi Trust that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Mesabi Trust's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Mesabi Trust's value.| Instituion | Recorded On | Shares | |
| Marshall Wace Asset Management Ltd | 2023-12-31 | 26.6 K | |
| Raymond James & Associates | 2023-12-31 | 25.1 K | |
| Two Sigma Advisers, Llc | 2023-12-31 | 24.8 K | |
| Advisor Group Holdings, Inc. | 2023-12-31 | 20.4 K | |
| Hightower Advisors, Llc | 2023-12-31 | 19.8 K | |
| Commonwealth Equity Services Inc | 2023-12-31 | 19.1 K | |
| One Charles Private Wealth Services, Llc | 2023-12-31 | 18.2 K | |
| Nbc Securities Inc | 2023-12-31 | 15.8 K | |
| Ameriprise Financial Inc | 2023-12-31 | 14.5 K | |
| Horizon Asset Management Inc/ny | 2023-12-31 | 2.9 M | |
| Valueworks Llc | 2023-12-31 | 796.4 K |
Mesabi Trust Historical Income Statement
Mesabi Trust Income Statement is one of the three primary financial statements used for reporting Mesabi's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Mesabi Trust revenue and expense. Mesabi Trust Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Mesabi Trust's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 16.8 M, whereas Operating Income is forecasted to decline to about 5.9 M. View More FundamentalsMesabi Stock Against Markets
Picking the right benchmark for Mesabi Trust stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mesabi Trust stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mesabi Trust is critical whether you are bullish or bearish towards Mesabi Trust at a given time. Please also check how Mesabi Trust's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Mesabi Trust without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Mesabi Trust Corporate Management
Elected by the shareholders, the Mesabi Trust's board of directors comprises two types of representatives: Mesabi Trust inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mesabi. The board's role is to monitor Mesabi Trust's management team and ensure that shareholders' interests are well served. Mesabi Trust's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mesabi Trust's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Berglund | Trustee | Profile | |
| Jeffrey Schoenfeld | Co Trustee | Profile | |
| Robin Radke | Trustee | Profile | |
| James Ehrenberg | Trustee | Profile | |
| Michael Mlinar | Trustee | Profile | |
| Richard Lareau | Trustee | Profile |
How to buy Mesabi Stock?
Before investing in Mesabi Trust, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Mesabi Trust. To buy Mesabi Trust stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mesabi Trust. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Mesabi Trust stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Mesabi Trust stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Mesabi Trust stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Mesabi Trust, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Mesabi Stock please use our How to Invest in Mesabi Trust guide.
Already Invested in Mesabi Trust?
The danger of trading Mesabi Trust is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mesabi Trust is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mesabi Trust. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mesabi Trust is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Mesabi Stock analysis
When running Mesabi Trust's price analysis, check to measure Mesabi Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mesabi Trust is operating at the current time. Most of Mesabi Trust's value examination focuses on studying past and present price action to predict the probability of Mesabi Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mesabi Trust's price. Additionally, you may evaluate how the addition of Mesabi Trust to your portfolios can decrease your overall portfolio volatility.
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Is Mesabi Trust's industry 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 (0.93) | Dividend Share 0.35 | Earnings Share 0.86 | Revenue Per Share 1.102 | Quarterly Revenue Growth 56.818 |
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.