MSB

Mesabi Trust

25.06 USD
+0.33
1.33%
At close Jul 11, 4:00 PM EDT
After hours
24.45
-0.61
2.43%
1 day
1.33%
5 days
0.04%
1 month
-5.04%
3 months
-5.40%
6 months
-6.77%
Year to date
-11.42%
1 year
45.02%
5 years
43.94%
10 years
100.48%
 

About: Mesabi Trust operates as a royalty trust in the United States. The company is involved in the conservation and protection of its assets. The company's principally wholly-owned segment is the iron ore mining segment, which generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range.

0
Funds holding %
of 7,312 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

233% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 9

38% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 8

35% more call options, than puts

Call options by funds: $492K | Put options by funds: $364K

5% more funds holding

Funds holding: 59 [Q4 2024] → 62 (+3) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]

2.3% less ownership

Funds ownership: 46.27% [Q4 2024] → 43.98% (-2.3%) [Q1 2025]

8% less capital invested

Capital invested by funds: $171M [Q4 2024] → $157M (-$13.8M) [Q1 2025]

Research analyst outlook

We haven’t received any recent analyst ratings for MSB.

Financial journalist opinion

Neutral
Business Wire
9 hours ago
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of twelve cents ($0.12) per Unit of Beneficial Interest payable on August 20, 2025 to Mesabi Trust Unitholders of record at the close of business on July 30, 2025. This compares to a thirty cents ($0.30) per Unit distribution declared for the same period last year. The Trustees' announcement today of a twelve cents ($0.12) per Unit distribution, as compared to the thirty cents ($0.30) per Unit distributio.
Mesabi Trust Press Release
Positive
Seeking Alpha
3 weeks ago
Buy 6 Ideal Safe Dividend Power Dogs For June
The Dividend Power strategy targets high-yield, low-valuation stocks, aiming for resilience in downturns and strong upside in bull markets. Six standout 'safer' Dividend Power stocks—ZIM, MSB, MITT, ABR, IRS, OUT—offer attractive yields supported by strong free cash flow. Analyst targets project 37% to 156% net gains for top ten DiviPower stocks by June 2026, with average estimated gains of 70%.
Buy 6 Ideal Safe Dividend Power Dogs For June
Negative
Seeking Alpha
1 month ago
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.
Mesabi Trust: Partial Idle At Hibbing Taconite
Neutral
Business Wire
2 months ago
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--Receipt of Quarterly Royalty Report and Royalty Payment On April 30, 2025, the Trustees of Mesabi Trust received the Royalty Report from Cliffs, the parent company of Northshore. As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipments of iron ore products by Northshore during the three months ended March 31, 2025, Mesabi Trust was credited with a base royalty of $ 1,067,762. For the three months ended March 31, 2025, Mesabi Trust was also credi.
Mesabi Trust Press Release
Neutral
Business Wire
2 months ago
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of fifty-six cents ($0.56) per Unit of Beneficial Interest payable on May 20, 2025 to Mesabi Trust Unitholders of record at the close of business on April 30, 2025. This compares to a twenty-nine cents ($0.29) per Unit distribution declared for the same period last year. The Trustees' announcement today of a fifty-six cents ($0.56) per Unit distribution, as compar.
Mesabi Trust Press Release
Positive
Seeking Alpha
5 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
Neutral
Business Wire
5 months ago
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of five dollars ninety-five cents ($5.95) per Unit of Beneficial Interest payable on February 20, 2025 to Mesabi Trust Unitholders of record at the close of business on January 30, 2025. This compares to a thirty-seven cents ($0.37) per Unit distribution declared and paid for the same period last year. The Trustees' announcement today of a five dollars ninety-five.
Mesabi Trust Press Release
Neutral
Business Wire
8 months ago
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty-nine cents ($0.39) per Unit of Beneficial Interest payable on November 20, 2024 to Mesabi Trust Unitholders of record at the close of business on October 30, 2024. This compares to a thirty-five cents ($0.35) per Unit distribution declared for the same period last year. The Trustees' announcement today of a thirty-nine cents ($0.39) per Unit distribution.
Mesabi Trust Press Release
Neutral
Business Wire
10 months ago
MESABI TRUST Announces Arbitration Final Award
NEW YORK--(BUSINESS WIRE)--AAA Arbitration Final Award As previously reported, on October 14, 2022, Mesabi Trust initiated arbitration against Northshore Mining Company (“Northshore”), the lessee/operator of the leased lands, and its parent, Cleveland-Cliffs Inc. (“Cliffs”), with the American Arbitration Association (“AAA”). The Trust sought an award of damages relating to Cliffs' and Northshore's underpayment of royalties in 2020, 2021, and the first four months of 2022 by virtue of Cliffs' an.
MESABI TRUST Announces Arbitration Final Award
Neutral
Business Wire
11 months ago
Mesabi Trust Press Release
NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of thirty cents ($0.30) per Unit of Beneficial Interest payable on August 20, 2024 to Mesabi Trust Unitholders of record at the close of business on July 30, 2024. This compares to no distribution declared for the same period last year. The Trustees' announcement today of a thirty cents ($0.30) per Unit distribution, as compared to no distribution announced by the.
Mesabi Trust Press Release
Charts implemented using Lightweight Charts™