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    M

    Mesabi Trust (MSB)

    Official site

    BASIC MATERIALS • STEEL • NYSE

    $18.10
    +0.04 (+0.22%)

    Market Cap: $233.93M

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    PeriodReportedEst.SurpriseB/MYoY
    Jul 26
    Reported Sep 11
    		$-0.01N/AN/ABeat-102.8%
    Apr 26
    Reported Jun 12
    		$0.08N/AN/ABeat-70.1%
    Jan 26
    Reported Apr 22
    		$0.21N/AN/ABeat-55.1%
    Oct 25
    Reported Dec 12
    		$0.21N/AN/ABeat-96.5%
    Jul 25
    Reported Sep 15
    		$0.36N/AN/ABeat-12.5%
    Apr 25
    Reported Jun 12
    		$0.28N/AN/ABeat+4.3%
    Jan 25
    Reported Apr 24
    		$0.46N/AN/ABeat+29.3%
    Oct 24
    Reported Dec 13
    		$5.97N/AN/ABeat+1817.1%
    Jul 24
    Reported Sep 5
    		$0.41N/AN/ABeat-41.2%
    Apr 24
    Reported Jun 13
    		$0.27N/AN/ABeat+240.4%
    Jan 24
    Reported Apr 24
    		$0.36N/AN/ABeat+255.6%
    Oct 23
    Reported Dec 14
    		$0.31N/AN/ABeat+1088.6%
    Jul 23
    Reported Sep 13
    		$0.70N/AN/ABeat+289.2%
    Apr 23
    Reported Jun 13
    		$0.08N/AN/ABeat-92.6%
    Jan 23
    Reported Apr 24
    		$-0.23N/AN/ABeat-121.7%
    Oct 22
    Reported Dec 13
    		$-0.03N/AN/ABeat-102.6%
    Jul 22
    Reported Sep 13
    		$-0.37N/AN/ABeat-134.9%
    Apr 22
    Reported Jun 13
    		$1.06N/AN/ABeat+0.0%
    Jan 22
    Reported Apr 27
    		$1.06N/AN/ABeat+0.0%
    Oct 21
    Reported Dec 15
    		$1.22N/AN/ABeat+15.1%
    Jul 21
    Reported Sep 13
    		$1.06N/AN/ABeat+0.0%
    Apr 21
    Reported Jun 11
    		$1.06N/AN/ABeat+0.0%
    Jan 21
    Reported Apr 7
    		$1.06N/AN/ABeat+173.9%
    Oct 20
    Reported Dec 9
    		$1.06N/AN/ABeat+0.0%
    Jul 20
    Reported Sep 8
    		$1.06N/AN/ABeat+186.5%
    Apr 20
    Reported Jun 8
    		$1.06N/AN/ABeat+186.5%
    Jan 20
    Reported Apr 13
    		$0.39N/AN/ABeat-25.6%
    Oct 19
    Reported Dec 10
    		$1.06N/AN/ABeat-26.4%
    Jul 19
    Reported Sep 6
    		$0.37N/AN/ABeat-74.3%
    Apr 19
    Reported Jun 7
    		$0.37N/AN/ABeat-23.1%
    Jan 19
    Reported Apr 12
    		$0.52N/AN/ABeat+33.3%
    Oct 18
    Reported Dec 7
    		$1.44N/AN/ABeat+58.2%
    Jul 18
    Reported Sep 7
    		$1.44N/AN/ABeat+44.0%
    Apr 18
    Reported Jun 8
    		$0.48N/AN/ABeat+41.6%
    Jan 18
    Reported Apr 13
    		$0.39N/AN/ABeat+14.4%
    Oct 17
    Reported Dec 8
    		$0.91N/AN/ABeat+170.4%
    Jul 17
    Reported Sep 7
    		$1.00N/AN/ABeat-
    Apr 17
    Reported Jun 8
    		$0.34N/AN/ABeat-
    Jan 17
    Reported Apr 14
    		$0.34N/AN/ABeat-
    Oct 16
    Reported Dec 8
    		$0.34N/AN/ABeat-

    Dividends

    Dividend Metrics

    Forward Yield1.10%
    Forward Annual Dividend$0.20
    Payout Ratio180.03%
    FrequencyQuarterly
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR-34.50%
    5Y CAGR-9.39%
    MSB dividend history and ex-dividend datesRun MSB in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio36.89EV/EBITDA33.93x
    Price/FCFN/AFCF YieldN/A
    Profitability
    Profit Margin54.50%Operating Margin-3.83%
    ROE32.10%ROICN/A
    Financial Health
    Debt/Equity0.00xInterest CoverageN/A
    Current Ratio8.81xQuick Ratio8.81x
    Trading Statistics
    Beta0.33Avg Volume52.52K
    52-Week High$41.5852-Week Low$17.25

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$18.34
    SMA 20$19.12
    SMA 50$21.46
    SMA 200$27.46
    EMA 10$18.41
    EMA 20$19.17
    EMA 50$20.91
    EMA 200$25.44

    MACD

    Line: -1.03Signal: -1.04Hist: 0.01

    ADX

    ADX: 32.1+DI: 12.0-DI: 30.0

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down80.0
    PSAR$20.24

    Bollinger Bands

    Upper Band$20.97
    Lower Band$17.26
    %B Position1941%(Upper)
    Band Width0.23

    RSI (14-Day)

    Neutral
    31.7

    Momentum Oscillators

    Stoch %K14.1
    Stoch %D13.7
    Williams %R-83.2
    ROC (10d)-5.2%
    Momentum-1.00
    CCI (20d)-85.4
    MFI (14d)49.9

    Volatility Measures

    ATR (14d)$1.00(5.5%)
    StdDev (20d)0.93
    Hist Vol32.6%(Moderate)

    Volume Flow

    VWAP$18.13
    OBV794.5K
    AD Line-8.5M
    CMF (20d)-0.232

    Volume Metrics

    Avg Vol (20d)50.4K
    Vol Ratio0.9x
    VWMA (20d)$19.27

    Pivot Points

    R3$19.23
    R2$18.69
    R1$18.38
    Pivot Point$17.84
    S1$17.53
    S2$16.99
    S3$16.68

    Advanced Oscillators

    TSI-38.59
    Ultimate Osc45.5
    KST-159.91

    Financial Data

    QuarterJul 2026Apr 2026Jan 2026Oct 2025Jul 2025Apr 2025Jan 2025Oct 2024Jul 2024Apr 2024Jan 2024Oct 2023
    Total Revenue$2.48M$2.25M$3.59M$3.59M$5.61M$4.73M$6.85M$79.00M$6.49M$6.25M$6.23M$4.90M
    Cost of Revenue$2.58M$1.16M$-2,270,324$822,987$862,873$1.10M$-4,215,963$676,315$1.09M$2.77M$-2,022,047$810,000
    Gross Profit$-95,013$1.09M$5.86M$2.77M$4.74M$3.63M$11.07M$78.33M$5.40M$3.48M$8.25M$4.09M
    Operating Expenses$0$0$3.14M$0$0$0$5.00M$0$0$0$3.56M$0
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$0$0$0$0$0$0$0$0$0$0$0
    Operating Income$-95,013$1.09M$2.73M$2.77M$4.74M$3.63M$6.07M$78.33M$5.40M$3.48M$4.69M$4.09M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$0$0$0$0$0$0$468,445$-468,445$0$0$0$0
    Income Before Tax$-95,013$1.09M$2.73M$2.77M$4.74M$3.63M$5.60M$78.79M$5.40M$3.48M$4.69M$4.09M
    Income Tax Expense$0$0$0$0$0$0$0$0$0$0$0$0
    Net Income$-95,013$1.09M$2.73M$2.77M$4.74M$3.63M$6.07M$78.33M$5.40M$3.48M$4.69M$4.09M
    EBITDA$-95,013$1.09M$2.73M$2.77M$4.74M$3.63M$6.07M$78.33M$5.40M$3.48M$4.69M$4.09M
    EBIT$-95,013$1.09M$2.73M$2.77M$4.74M$3.63M$6.07M$78.33M$5.40M$3.48M$4.69M$4.09M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

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    News

    Mesabi Trust declares no November payout: what zero means for Mesabi Trust stock

    Mesabi Trust announced a November 2026 distribution of $0.00, a significant drop from $0.34 last year, due to sharply decreased royalty receipts from Cleveland-Cliffs. Royalty income...

    ad-hoc-news.de•10/15/26•Bearish

    Mesabi Trust declares no November payout: what zero means for Mesabi Trust stock

    Mesabi Trust has announced no distribution for November 2026, down from USD 0.34 last year, due to a sharp decline in royalty receipts from Cleveland-Cliffs. Royalty income for July 2026 dropped to USD 1.8 million from...

    ad-hoc-news.de•10/15/26•Bearish

    Mesabi Trust: Trustees Declare No Distribution for Nov 2026 After Sharp Drop in Royalty Receipts

    Mesabi Trust announced no distribution for November 2026 due to a significant drop in royalty payments from Cleveland-Cliffs...

    TradingView•10/15/26•Bearish

    Press Release: Mesabi Trust Announcement of No Distribution

    Mesabi Trust (MSB) announced that there will be no distribution to its Unitholders for the quarter ending September 30, 2026. This decision is based on the calculation of royalties and available cash...

    Moomoo•10/15/26•Bearish

    Mesabi Trust Announcement of No Distribution

    Mesabi Trust has announced that no distribution will be paid in November 2026, marking a significant decrease compared to the previous year's distribution. This decision is primarily due to lower royalty payments from...

    Yahoo! Finance Canada•10/15/26•Bearish

    MSB Valuation and Fair Value

    P/E
    36.9x
    Forward P/E
    12.8x
    EV/EBITDA
    33.9x
    PEG
    0.0x
    P/B
    13.5x
    See GNG's fair value

    MSB Profitability: Margins, ROIC and FCF

    Gross margin
    80.8%
    Operating margin
    -3.8%
    Net margin
    54.5%
    ROE
    32.1%
    FCF margin
    73.3%

    MSB Competitors

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    Dolly Varden Silver CorporationDVS
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    Alto Ingredients IncALTO
    Hudson Technologies IncHDSN
    Friedman Industries Inc. Common StockFRD
    US Gold CorpUSAU

    Sector: Basic Materials

    MSB Bull Case vs Bear Case

    Bull case

    • MSB converts 73.3% of revenue into free cash flow.
    • MSB has a 54.5% net profit margin.

    Bear case

    • MSB's quarterly revenue changed -55.8% year over year.

    MSB Earnings: Beat Rate and Next Report

    Beat rate
    4 of 8 quarters (50.0%)
    Average surprise
    4.5%

    MSB Dividend

    Forward yield
    1.1%
    Payout ratio
    180.0%
    3Y DPS growth
    -34.5%
    5Y DPS growth
    -9.4%
    Pay months
    Feb, May, Aug, Nov
    MSB dividend history

    Frequently Asked Questions About MSB

    What is MSB's current dividend yield?

    Mesabi Trust (MSB) has a forward dividend yield of 1.10%.

    Does MSB pay dividends?

    Yes, Mesabi Trust pays dividends with a forward dividend yield of 1.10%.

    What is MSB's P/E ratio?

    Mesabi Trust has a price-to-earnings (P/E) ratio of 36.89.

    What is MSB's market cap?

    Mesabi Trust (MSB) has a market capitalization of $233.93M with a current stock price of $18.10.

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