Mesabi Trust (NYSE:MSB) Hits New 12-Month High – Here’s What Happened

08 Jan 2026, 20:54 by Tristan Rich · The Markets Daily

Mesabi Trust (NYSE:MSB – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $41.98 and last traded at $41.8150, with a volume of 48447 shares traded. The stock had previously closed at $39.73.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Mesabi Trust in a research note on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Mesabi Trust presently has an average rating of “Hold”.

View Our Latest Stock Analysis on MSB

Mesabi Trust Price Performance

The stock has a market cap of $546.17 million, a PE ratio of 31.92 and a beta of 0.57. The stock’s fifty day moving average is $34.79 and its 200-day moving average is $31.50.

Mesabi Trust (NYSE:MSB – Get Free Report) last posted its earnings results on Friday, December 12th. The mining company reported $0.21 earnings per share for the quarter. The company had revenue of $3.39 million for the quarter. Mesabi Trust had a net margin of 82.80% and a return on equity of 79.30%.

Mesabi Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Thursday, October 30th were given a $0.34 dividend. The ex-dividend date was Thursday, October 30th. This is a positive change from Mesabi Trust’s previous quarterly dividend of $0.12. This represents a $1.36 annualized dividend and a yield of 3.3%. Mesabi Trust’s dividend payout ratio (DPR) is currently 103.82%.

Institutional Investors Weigh In On Mesabi Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MSB. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Mesabi Trust in the fourth quarter valued at approximately $249,000. CWA Asset Management Group LLC boosted its position in Mesabi Trust by 41.8% in the 4th quarter. CWA Asset Management Group LLC now owns 228,244 shares of the mining company’s stock valued at $8,790,000 after buying an additional 67,326 shares during the period. EagleClaw Capital Managment LLC grew its stake in shares of Mesabi Trust by 1.1% in the third quarter. EagleClaw Capital Managment LLC now owns 167,425 shares of the mining company’s stock worth $4,901,000 after acquiring an additional 1,800 shares in the last quarter. Ameriprise Financial Inc. acquired a new position in shares of Mesabi Trust in the third quarter worth $226,000. Finally, Colonial Trust Advisors purchased a new stake in shares of Mesabi Trust during the third quarter worth $44,000.

About Mesabi Trust

(Get Free Report)

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.