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NYSE:MSB

Mesabi Trust (MSB) Stock Price, News & Analysis

Mesabi Trust logo
$23.72 -0.18 (-0.73%)
As of 09/4/2026 03:57 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Mesabi Trust Stock (NYSE:MSB)

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Key Stats

Today's Range
$23.32
$24.06
50-Day Range
$21.98
$25.79
52-Week Range
$21.60
$42.38
Volume
15,220 shs
Average Volume
31,120 shs
Market Capitalization
$311.27 million
P/E Ratio
27.59
Dividend Yield
0.84%
Price Target
N/A
Consensus Rating
Hold

Company Overview

Mesabi Trust (NYSE: MSB) is a passive royalty trust that holds royalty interests in iron ore properties located on Minnesota’s Mesabi Iron Range. The trust does not engage in mining operations directly but receives royalty payments based on the volume of iron ore shipped from the underlying properties. These payments are derived from production of iron ore concentrate and taconite pellets sold to domestic and international steel producers.

Established in December 2011, Mesabi Trust was formed through the consolidation of royalty interests contributed by several mining companies. The trust’s portfolio comprises 11 separate iron ore royalty properties that were previously owned or controlled by major mining concerns. Royalty rates are calculated per long ton of iron ore concentrate shipped, and revenues fluctuate in line with production levels at the mines subject to the trust’s royalty interests.

The properties underlying Mesabi Trust are operated by established mining companies under long-term leases and agreements, ensuring continuity of production on the Mesabi Range. The iron ore extracted from this region serves customers throughout North America and abroad, feeding blast furnaces and electric arc furnaces in the steelmaking industry. By owning royalty interests rather than operating mines, the trust offers investors exposure to iron ore production without direct operational risk.

Administrative and trustee services for Mesabi Trust are provided by U.S. Bank National Association, which acts as trustee under the trust agreement. As a Delaware statutory trust, Mesabi Trust distributes royalty revenues to unitholders, typically on a quarterly basis, subject to available cash and trust expenses. This structure allows investors to participate in the ongoing production from a historically significant iron ore district through a publicly traded vehicle.

AI Generated. May Contain Errors.

Mesabi Trust Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
30th Percentile Overall Score

MSB MarketRank™: 

Mesabi Trust scored higher than 30% of companies evaluated by MarketBeat, and ranked 201st out of 229 stocks in the materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about Mesabi Trust's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Mesabi Trust is 27.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Mesabi Trust is 27.59, which means that it is trading at a more expensive P/E ratio than the Materials sector average P/E ratio of about 25.82.

  • Price to Book Value per Share Ratio

    Mesabi Trust has a P/B Ratio of 15.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.85% 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 3.79, 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 15.10%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Mesabi Trust has a dividend yield of 0.84%, which is in 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 23.26%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Mesabi Trust's dividend.
  • News Sentiment

    Mesabi Trust has a news sentiment score of 1.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Mesabi Trust this week, compared to 0 articles on an average week.
  • 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.

  • Read more about Mesabi Trust's insider trading history.
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MSB Stock News Headlines

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Mesabi Trust
Mesabi Trust Insider Trading Activity
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Mesabi Trust : MSB
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MSB Stock Analysis - Frequently Asked Questions

Mesabi Trust's stock was trading at $38.81 on January 1st, 2026. Since then, MSB stock has decreased by 38.9% and is now trading at $23.7250.

Mesabi Trust (NYSE:MSB) posted its quarterly earnings results on Friday, June, 12th. The mining company reported $0.08 earnings per share for the quarter. The mining company had revenue of $2.25 million for the quarter. Mesabi Trust had a net margin of 75.32% and a trailing twelve-month return on equity of 54.83%.

Shares of MSB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Mesabi Trust investors own include Energy Transfer (ET), Main Street Capital (MAIN), Prospect Capital (PSEC), AGNC Investment (AGNC), AT&T (T), Ares Capital (ARCC) and Omega Healthcare Investors (OHI).

Company Calendar

Last Earnings
6/12/2026
Record date for 8/20 Dividend
7/30/2026
Ex-Dividend for 8/20 Dividend
7/30/2026
Dividend Payable
8/20/2026
Today
9/07/2026
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
Employees
N/A
Year Founded
N/A

Profitability

EPS (Trailing Twelve Months)
$0.86
Trailing P/E Ratio
27.59
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$13.87 million
Net Margins
75.32%
Pretax Margin
75.32%
Return on Equity
54.83%
Return on Assets
46.67%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
6.12
Quick Ratio
6.12

Sales & Book Value

Annual Sales
$17.52 million
Price / Sales
17.77
Cash Flow
$1.05 per share
Price / Cash Flow
22.61
Book Value
$1.56 per share
Price / Book
15.21

Miscellaneous

Outstanding Shares
13,120,000
Free Float
13,086,000
Market Cap
$311.27 million
Optionable
Optionable
Beta
0.34
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This page (NYSE:MSB) was last updated on 9/8/2026 by MarketBeat.com Staff.
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