MSB: Mesabi Trust
About
Mesabi Trust engages in the business of collecting income, paying expenses and liabilities, distributing net income to the holders of Trust certificates after the payment of, or provision for, such expenses and liabilities, and protecting and conserving the assets held. The firm is also involved in iron ore mining activities. The company was founded on July 18, 1961 and is headquartered in New York, NY.
Current Value
$27.821 Year Return
Current Value
$27.821 Year Return
Key Details
Market Cap
$366.84M
P/E Ratio
20.77
1Y Stock Return
54.22%
1Y Revenue Growth
147.28%
Dividend Yield
1.79%
Price to Book
16.6
Strategies that include MSB
Stock's related to MSB
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| DCO | 0.03% | $978.98M | +27.83% | 0.00% |
| IGMS | -0.04% | $641.62M | +83.19% | 0.00% |
| NSIT | -0.04% | $5.09B | -3.64% | 0.00% |
| HE | 0.04% | $1.79B | -22.93% | 0.00% |
| CENTA | -0.05% | $2.28B | +11.80% | 0.00% |
| GMAB | -0.07% | $13.87B | -32.32% | 0.00% |
| KDP | -0.07% | $44.14B | +0.96% | 2.70% |
| JWN | 0.07% | $3.79B | +41.21% | 2.49% |
| RES | -0.10% | $1.38B | -12.28% | 2.44% |
| KHC | 0.14% | $38.22B | -11.75% | 5.06% |
| FIS | 0.14% | $45.83B | +42.05% | 1.87% |
| LMB | 0.15% | $1.16B | +153.14% | 0.00% |
| VLTO | 0.16% | $26.37B | +40.71% | 0.34% |
| EWTX | 0.20% | $2.99B | +385.23% | 0.00% |
| INBK | 0.20% | $361.62M | +81.63% | 0.58% |
| KYMR | 0.20% | $3.09B | +124.45% | 0.00% |
| DFIN | -0.21% | $1.73B | +1.58% | 0.00% |
| CHX | 0.22% | $5.86B | +4.45% | 1.19% |
| GDDY | 0.23% | $27.74B | +91.49% | 0.00% |
| NR | -0.23% | $725.71M | +13.38% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CTO | -25.42% | $605.82M | +15.88% | 7.51% |
| RTO | -19.94% | $13.02B | -5.02% | 2.26% |
| GAN | -19.71% | $82.94M | +21.33% | 0.00% |
| ACGL | -13.33% | $37.36B | +27.37% | 0.00% |
| PG | -11.93% | $423.20B | +18.18% | 2.21% |
| CNA | -10.61% | $13.49B | +21.87% | 3.52% |
| ABBV | -10.52% | $321.21B | +26.10% | 3.41% |
| LRN | -10.45% | $4.66B | +74.76% | 0.00% |
| CSTE | -10.40% | $149.55M | +3.34% | 0.00% |
| HCI | -10.33% | $1.30B | +45.69% | 1.28% |
| TH | -9.93% | $800.43M | -25.92% | 0.00% |
| CHD | -9.92% | $27.25B | +16.97% | 1.02% |
| QXO | -9.79% | $7.09B | -79.19% | 0.00% |
| CL | -9.50% | $79.34B | +22.96% | 2.05% |
| AXON | -9.40% | $48.53B | +169.34% | 0.00% |
| MCK | -8.70% | $78.87B | +35.27% | 0.43% |
| RLI | -8.68% | $7.95B | +29.35% | 0.65% |
| WOW | -8.45% | $437.44M | +21.99% | 0.00% |
| GREE | -8.34% | $26.30M | -59.44% | 0.00% |
| OPTN | -8.05% | $81.15M | -63.15% | 0.00% |
ETF's related to MSB
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -25.82% | $365.42M | 1.43% |
| USDU | -22.67% | $210.52M | 0.5% |
| UUP | -20.14% | $376.91M | 0.77% |
| VIXY | -10.83% | $195.31M | 0.85% |
| MINT | -8.32% | $11.69B | 0.35% |
| KMLM | -5.42% | $344.74M | 0.9% |
| CTA | -5.01% | $367.83M | 0.76% |
| CCOR | -4.80% | $110.21M | 1.18% |
| PWZ | -4.51% | $702.08M | 0.28% |
| TAIL | -4.23% | $68.19M | 0.59% |
| GBIL | -3.89% | $5.68B | 0.12% |
| IYK | -3.86% | $1.35B | 0.4% |
| KCCA | -1.35% | $219.07M | 0.87% |
| JUCY | -1.15% | $325.86M | 0.6% |
| EQLS | -1.11% | $8.93M | 1% |
| CORN | -0.55% | $59.94M | 0.2% |
| WEAT | -0.29% | $119.27M | 0.28% |
| DBA | -0.26% | $787.55M | 0.93% |
| FLOT | -0.12% | $7.37B | 0.15% |
| XHLF | 0.11% | $900.10M | 0.03% |
News
SeekingAlpha
Analyzing past tariff impacts reveals some interesting sector portfolio ideas for the upcoming second iteration of the Trump administration. Read more here.
Yahoo
NEW YORK, October 17, 2024--Announcement of Mesabi Trust Distribution
Finnhub
MESABI TRUST PRESS RELEASE October 17, 2024 @ 04:05 PM Eastern Daylight Time NEW YORK-- Announcement of Mesabi Trust...
SeekingAlpha
Mesabi Trust is a royalty-earning vehicle in the US that earns based on the prices of commodities, mainly iron ore pellets. Learn more on MSB stock here.
Yahoo
NEW YORK, September 10, 2024--AAA Arbitration Final Award
Yahoo
NEW YORK (AP) — Mesabi Trust (MSB) on Thursday reported profit of $5.4 million in its fiscal second quarter. On a per-share basis, the New York-based company said it had net income of 41 cents. The iron ore miner posted revenue of $6.5 million in the period.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.