Mesabi Trust (NYSE:MSB) Shares Gap Down – Here’s What Happened

06 Jan 2026, 12:21 by Teresa Graham · The Cerbat Gem

Mesabi Trust (NYSE:MSB – Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $39.58, but opened at $36.69. Mesabi Trust shares last traded at $38.6490, with a volume of 2,390 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mesabi Trust in a research report on Monday, December 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Mesabi Trust presently has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on Mesabi Trust

Mesabi Trust Stock Up 4.2%

The company has a 50 day moving average of $34.62 and a 200 day moving average of $31.32. The stock has a market capitalization of $506.97 million, a price-to-earnings ratio of 29.45 and a beta of 0.57.

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

Mesabi Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Thursday, October 30th were paid a dividend of $0.34 per share. This is an increase from Mesabi Trust’s previous quarterly dividend of $0.12. The ex-dividend date was Thursday, October 30th. This represents a $1.36 annualized dividend and a dividend yield of 3.5%. Mesabi Trust’s dividend payout ratio (DPR) is currently 103.82%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in MSB. EagleClaw Capital Managment LLC increased its position in shares of Mesabi Trust by 1.1% in the 3rd quarter. EagleClaw Capital Managment LLC now owns 167,425 shares of the mining company’s stock worth $4,901,000 after purchasing an additional 1,800 shares during the last quarter. Ameriprise Financial Inc. acquired a new position in Mesabi Trust in the third quarter worth about $226,000. Colonial Trust Advisors bought a new stake in Mesabi Trust in the third quarter valued at about $44,000. GSA Capital Partners LLP bought a new stake in Mesabi Trust in the third quarter valued at about $212,000. Finally, Atlas Wealth Partners LLC acquired a new stake in Mesabi Trust during the third quarter valued at approximately $227,000.

Mesabi Trust Company Profile

(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.