Mesabi Trust (MSB) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $31.32 to $31.74
• 50-Day Range: $24.30 to $32.45
• 52-Week Range: $20.25 to $37.00
• Volume: 20,312 shs
• Average Volume: 41,105 shs
• Market Capitalization: $412.51 million
• P/E Ratio: 4.42
• Dividend Yield: 1.53%
• Price Target: N/A
• Consensus Rating: N/A

Mesabi Trust Stock Analysis - MarketRank™

Mesabi Trust scored higher than 17% of companies evaluated by MarketBeat, and ranked 173rd out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Mesabi Trust.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Mesabi Trust is 4.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.69.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mesabi Trust is 4.42, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 159.14.

Price to Book Value per Share Ratio

Mesabi Trust has a P/B Ratio of 17.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.59% 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 10.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Mesabi Trust has recently increased by 2.86%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Mesabi Trust pays a meaningful dividend of 1.50%, 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 6.74%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.59% 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 10.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Mesabi Trust has recently increased by 2.86%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: N/A

News Sentiment

Mesabi Trust has a news sentiment score of 1.52. 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 0.60 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Mesabi Trust this week, compared to 1 article on an average week.

Search Interest

Only 5 people have searched for MSB on MarketBeat in the last 30 days. This is a decrease of -62% compared to the previous 30 days.

MarketBeat Follows

4 people have added Mesabi Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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

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

MSB Stock Analysis - Frequently Asked Questions

How have MSB shares performed this year?

Mesabi Trust's stock was trading at $28.11 at the start of the year. Since then, MSB stock has increased by 11.8% and is now trading at $31.4410.

How were Mesabi Trust's earnings last quarter?

Mesabi Trust (NYSE:MSB) released its earnings results on Thursday, June, 12th. The mining company reported $0.28 earnings per share (EPS) for the quarter. The mining company had revenue of $4.74 million for the quarter. Mesabi Trust had a trailing twelve-month return on equity of 233.00% and a net margin of 96.23%.

Who are Mesabi Trust's major shareholders?

Mesabi Trust's top institutional investors include Horizon Kinetics Asset Management LLC (22.57%), Beddow Capital Management Inc. (2.86%), Mad River Investors (2.25%) and Moors & Cabot Inc. (1.48%).
View institutional ownership trends.

How do I buy shares of Mesabi Trust?

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.

What other stocks do shareholders of Mesabi Trust own?

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: 6/12/2025
• Record date for 8/20 Dividend: 7/30/2025
• Ex-Dividend for 8/20 Dividend: 7/30/2025
• Dividend Payable: 8/20/2025
• Today: 9/13/2025
• Next Earnings (Estimated): 9/18/2025
• Fiscal Year End: 1/31/2026

Industry, Sector and Symbol

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

Profitability

• EPS (Trailing Twelve Months): $7.12
• Trailing P/E Ratio: 4.42
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $93.27 million
• Net Margins: 96.23%
• Pretax Margin: 96.23%
• Return on Equity: 233.00%
• Return on Assets: 145.93%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.51
• Quick Ratio: 3.51

Sales & Book Value

• Annual Sales: $98.60 million
• Price / Sales: 4.18
• Cash Flow: $7.00 per share
• Price / Cash Flow: 4.49
• Book Value: $1.78 per share
• Price / Book: 17.66

Miscellaneous

• Outstanding Shares: 13,120,000
• Free Float: 13,086,000
• Market Cap: $412.51 million
• Optionable: Optionable
• Beta: 0.53