Mesabi Trust (MSB) Stock Price, News & Analysis

Company Overview

Mesabi Trust (NYSE:MSB) is a royalty trust that holds interests in certain iron ore properties on Minnesota’s Mesabi Iron Range. The trust does not operate mines or processing facilities itself. Instead, it receives royalty payments tied primarily to the production and sale of iron ore products from the properties in which it holds an interest.

Mesabi Trust’s interests are associated with the Peter Mitchell Mine near Babbitt, Minnesota, and related iron ore processing operations in the region. The mine produces taconite, a lower-grade iron ore that is processed into iron ore pellets for use in steelmaking. Northshore Mining Company, a subsidiary of Cleveland-Cliffs, operates the relevant mining and processing assets and sells the resulting products to steel producers.

The trust was established in 1961 and is administered by trustees for the benefit of its trust certificate holders. Its financial results and distributions are influenced by production volumes, iron ore pricing, operating conditions, and the continued activity of the underlying mining operations. Mesabi Trust’s business is focused on managing its royalty interests rather than providing products or services directly to customers.

Key Stats

• Today's Range: $16.26 to $17.60
• 50-Day Range: $16.48 to $24.81
• 52-Week Range: $16.26 to $42.38
• Volume: 85,301 shs
• Average Volume: 49,982 shs
• Market Capitalization: $226.19 million
• P/E Ratio: 35.18
• Dividend Yield: 1.16%
• Price Target: N/A
• Consensus Rating: Hold

Mesabi Trust Stock Analysis - MarketRank™

Mesabi Trust scored higher than 18% of companies evaluated by MarketBeat, and ranked 213th out of 228 stocks in the materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Mesabi Trust has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Mesabi Trust has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Mesabi Trust is 35.18, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mesabi Trust is 35.18, which means that it is trading at a more expensive P/E ratio than the Materials sector average P/E ratio of about 28.64.

Price to Book Value per Share Ratio

Mesabi Trust has a P/B Ratio of 11.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.68% of the float of Mesabi Trust has been sold short.

Short Interest Ratio / Days to Cover

Mesabi Trust has a short interest ratio ("days to cover") of 2.31, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mesabi Trust has recently decreased by 11.76%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Mesabi Trust pays a meaningful dividend of 1.16%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Mesabi Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Mesabi Trust is 40.82%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

MarketBeat Follows

Only 1 people have added Mesabi Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Mesabi Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.26% of the stock of Mesabi Trust is held by insiders.

Percentage Held by Institutions

Mesabi Trust has minimal institutional ownership at this time.

Company Calendar

• Record date for 8/20 Dividend: 7/30/2026
• Ex-Dividend for 8/20 Dividend: 7/30/2026
• Dividend Payable: 8/20/2026
• Last Earnings: 9/11/2026
• Today: 11/08/2026
• Fiscal Year End: 1/31/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: Steel
• Current Symbol: NYSE:MSB
• CIK: 65172
• Web: www.mesabi-trust.com
• Phone: (904) 271-2520
• Fax: 615-835-2700
• Employees: 104
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $0.49
• Trailing P/E Ratio: 35.18
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $13.87 million
• Net Margins: 54.46%
• Pretax Margin: 54.46%
• Return on Equity: 33.50%
• Return on Assets: 28.16%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 8.81
• Quick Ratio: 8.81

Sales & Book Value

• Annual Sales: $17.52 million
• Price / Sales: 12.91
• Cash Flow: $1.06 per share
• Price / Cash Flow: 16.32
• Book Value: $1.56 per share
• Price / Book: 11.05

Miscellaneous

• Outstanding Shares: 13,120,000
• Free Float: 13,086,000
• Market Cap: $226.19 million
• Optionable: Optionable
• Beta: 0.46