Mesabi Trust logo

Mesabi Trust (MSB)

Market Closed
15 Aug, 20:00
NYSE NYSE
$
31. 79
+0.71
+2.28%
$
417.08M Market Cap
19.91 P/E Ratio
1.01% Div Yield
147,094 Volume
0 Eps
$ 31.08
Previous Close
Day Range
31.14 31.95
Year Range
16.55 37
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Earnings results expected in 18 days

Summary

MSB closed yesterday higher at $31.79, an increase of 2.28% from Thursday's close, completing a monthly increase of 8.46% or $2.48. Over the past 12 months, MSB stock gained 12.93%.
MSB pays dividends to its shareholders, with the most recent payment made on May 20, 2025. The next announced payment will be in In 3 days on Aug 20, 2025 for a total of $0.12.
The last earnings report, released on Jun 11, 2025, exceeded the consensus estimates by 0.28%. On average, the company has surpassed earnings expectations by 2.08%, based on the last three reports. The next scheduled earnings report is due on Sep 04, 2025.
The stock of the company had never split.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on NYSE (USD).

MSB Chart

Chart

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The chart has 1 X axis displaying categories.
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Mesabi Trust: Partial Idle At Hibbing Taconite

Mesabi Trust: Partial Idle At Hibbing Taconite

While Mesabi Trust legal expenses should come down and help the bottom line, the royalty report shows that volumes are down in Q1. Moreover, CLF announced a partial idling at Hibbing Taconite amid tougher market conditions, which should affect MSB royalty attribution. We aren't confident enough about the economy to favor commodity-indexed and cycle-indexed exposures.

Seekingalpha | 3 months ago
Mesabi Trust: Volume Recovery Means Royalty Rates Ratchet Up

Mesabi Trust: Volume Recovery Means Royalty Rates Ratchet Up

Mesabi Trust: Volume Recovery Means Royalty Rates Ratchet Up

Seekingalpha | 7 months ago
If Fed Doesn't Get Serious About Inflation, Buy Mesabi Trust (Rating Upgrade)

If Fed Doesn't Get Serious About Inflation, Buy Mesabi Trust (Rating Upgrade)

Recent developments, such as the mid-2023 resumption of mining operations by Cleveland-Cliffs on trust leases and the Federal Reserve's reluctance to raise interest rates, suggest potential upside for Mesabi. Increasing odds for a turnaround in China's economy, alongside an approaching arbitration judgment over underpaid royalties, are additional reasons to consider investing in MSB stock. A low-volatility basing pattern over the last 12 months could support a price breakout and material gains for investors buying around $17.

Seekingalpha | 1 year ago

Mesabi Trust Dividends

Mesabi Trust logo
MSB 2 weeks ago
Announced
Quarterly
$0.12 Per Share
Mesabi Trust logo
MSB 3 months ago
Paid
Quarterly
$0.56 Per Share
Mesabi Trust logo
MSB 6 months ago
Paid
Quarterly
$5.95 Per Share
Mesabi Trust logo
MSB 9 months ago
Paid
Quarterly
$0.39 Per Share
Mesabi Trust logo
MSB 30 Jul 2024
Paid
Quarterly
$0.3 Per Share

Mesabi Trust Earnings

4 Sep 2025 (In 2 weeks) Date
-
Cons. EPS
-
EPS
11 Jun 2025 Date
-
Cons. EPS
0.28
EPS
22 Apr 2025 Date
-
Cons. EPS
-
EPS
12 Dec 2024 Date
-
Cons. EPS
5.97
EPS
11 Sep 2024 Date
-
Cons. EPS
-
EPS
Mesabi Trust logo
MSB 2 weeks ago
Announced
Quarterly
$0.12 Per Share
Mesabi Trust logo
MSB 3 months ago
Paid
Quarterly
$0.56 Per Share
Mesabi Trust logo
MSB 6 months ago
Paid
Quarterly
$5.95 Per Share
Mesabi Trust logo
MSB 9 months ago
Paid
Quarterly
$0.39 Per Share
Mesabi Trust logo
MSB 30 Jul 2024
Paid
Quarterly
$0.3 Per Share
4 Sep 2025 (In 2 weeks) Date
-
Cons. EPS
-
EPS
11 Jun 2025 Date
-
Cons. EPS
0.28
EPS
22 Apr 2025 Date
-
Cons. EPS
-
EPS
12 Dec 2024 Date
-
Cons. EPS
5.97
EPS
11 Sep 2024 Date
-
Cons. EPS
-
EPS

Mesabi Trust (MSB) FAQ

What is the stock price today?

The current price is $31.79.

On which exchange is it traded?

Mesabi Trust is listed on NYSE.

What is its stock symbol?

The ticker symbol is MSB.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 1.01%.

What is its market cap?

As of today, the market cap is 417.08M.

When is the next earnings date?

The next earnings report will release on Sep 04, 2025.

Has Mesabi Trust ever had a stock split?

No, there has never been a stock split.

Mesabi Trust Profile

Steel Industry
Basic Materials Sector
Jeffrey Schoenfeld CEO
NYSE Exchange
590672101 Cusip
US Country
- Employees
30 Jul 2025 Last Dividend
- Last Split
30 Dec 1987 IPO Date

Overview

Mesabi Trust, established in 1961 and headquartered in New York, New York, operates as a royalty trust within the United States' iron ore mining sector. As a distinct entity in the mining industry, the Trust holds a unique position by focusing on the generation and distribution of royalty incomes derived from the extraction of iron ore. Its business model relies on the leasing of mineral rights and the collection of royalties from mining operations, rather than direct involvement in mining activities. This strategic approach allows Mesabi Trust to benefit from the iron ore mining business indirectly, offering a distinctive investment proposition within the mining and minerals market.

Products and Services

  • Royalty Collection:
  • Mesabi Trust's primary service is the collection of royalties from iron ore mining companies that operate on its leased lands. Through these agreements, Mesabi secures a continuous revenue stream without the operational risks and capital expenses associated with direct mining operations. The Trust's income is inherently linked to the volume of iron ore mined and the prevailing market prices, making it an integral part of the iron ore supply chain.

  • Mineral Rights Leasing:
  • A critical component of Mesabi Trust's business model is the leasing of its mineral rights to mining companies. This service not only enables the extraction of valuable resources by experienced mining operators but also ensures a legal and commercial framework that benefits both parties. Mesabi Trust, through these leases, provides the essential legal rights to mine iron ore, in exchange for a royalty based on the volume of ore extracted and sold, thus facilitating the production of iron ore while simultaneously capitalizing on its vast mineral estates.

Contact Information

Address: 1 Columbus Circle
Phone: 904 271 2520