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Mesabi Trust Shs (MSB)
NYSE:MSB
US Market
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Mesabi Shs (MSB) Price & Analysis

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MSB Stock Chart & Stats

$36.52
-$0.58(-2.13%)
At close: 4:00 PM EST
$36.52
-$0.58(-2.13%)

Bulls Say, Bears Say

Bulls Say
Conservative Balance SheetMesabi’s zero total debt and sizable equity relative to assets (TTM equity ~$18.3M vs assets ~$21.9M) provide durable financial flexibility. Low leverage reduces solvency risk, supports continued distributions through commodity cycles, and preserves capacity to withstand operational or market shocks.
Low-cost Royalty Business ModelAs a passive royalty trust, Mesabi avoids mining capex and operating costs, relying on third-party operators to extract and sell ore. This structurally lower cost base and simplified operating model favor steady administrative expenses and allow most royalties to be distributed, supporting long-term payout potential.
Supportive Distribution Income ProfileThe trust’s structure channels royalty receipts to unitholders after expenses, giving it a durable income characteristic appealing to yield-focused investors. Combined with the conservative balance sheet, the supportive yield underpins the trust’s role as an income vehicle, assuming ongoing mine activity and royalty collections.
Bears Say
Bonus Royalty Tied To Price ThresholdsContractual bonus royalties depend on deemed shipment prices exceeding thresholds. Even with sharply higher shipments, Mesabi earned no bonus in 2026 because prices stayed below the trigger. This contractual design creates structural payout volatility linked to commodity prices, reducing distribution predictability.
Inconsistent Cash-flow QualityReported operating and free cash flows have swung to extremely large values in recent periods and coverage metrics vary materially. Such irregular cash-flow quality undermines the reliability of future distributions and complicates forecasting, impeding confidence in repeatable cash generation.
Revenue Decline And Erratic ProfitabilityMesabi shows strong headline margins historically, but revenue volatility and extreme margin swings (including prior margins >100%) make normalized earnings unclear. A recent TTM revenue decline further reduces visibility on sustainable royalty levels and weakens predictability of long-term unit distributions.

MSB FAQ

What was Mesabi Trust Shs’s price range in the past 12 months?
Mesabi Trust Shs lowest stock price was $22.55 and its highest was $42.38 in the past 12 months.
    What is Mesabi Trust Shs’s market cap?
    Mesabi Trust Shs’s market cap is $323.93M.
      When is Mesabi Trust Shs’s upcoming earnings report date?
      The company’s upcoming earnings report date is not yet available.
      How were Mesabi Trust Shs’s earnings last quarter?
      Currently, no data Available
      Is Mesabi Trust Shs overvalued?
      According to Wall Street analysts Mesabi Trust Shs’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
        Does Mesabi Trust Shs pay dividends?
        Mesabi Trust Shs pays a Quarterly dividend of $0.24 which represents an annual dividend yield of 19.32%. See more information on Mesabi Trust Shs dividends here
          What is Mesabi Trust Shs’s EPS estimate?
          Mesabi Trust Shs’s EPS estimate for its next earnings report is not yet available.
          How many shares outstanding does Mesabi Trust Shs have?
          Mesabi Trust Shs has 13,120,010 shares outstanding.
            What happened to Mesabi Trust Shs’s price movement after its last earnings report?
            Currently, no data Available
            Which hedge fund is a major shareholder of Mesabi Trust Shs?
            Currently, no hedge funds are holding shares in MSB
            What is the TipRanks Smart Score and how is it calculated?
            Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

              Mesabi Shs Stock Smart Score

              Company Description

              Mesabi Trust Shs

              Established in 1961, Mesabi Trust functions as a royalty trust, concentrating its business efforts on iron ore extraction operations across the United States. Its main office is located in New York, New York.

              Mesabi Shs (MSB) Earnings & Revenues

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              Ownership Overview

              0.11%41.43%54.31%
              Insiders
              41.43% Other Institutional Investors
              54.31% Public Companies and
              Individual Investors

              Options Prices

              Currently, No data available
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