Mesabi Trust (MSB) Stock Analysis

Company Overview

The record here covers Mesabi Trust, ticker MSB. The company sits in the Basic Materials sector, in the Steel industry.

The most recent close on file for MSB is $19.07, dated October 21, 2026. That is −$0.09 (−0.47%) against the previous close. The 52-week range on file runs from $17.25 to $42.38. The latest close sits 10.55% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $16.57M. Against the prior fiscal year total of $25.46M, that is a change of −34.91%. Net income for the same year was $13.87M. That is −85.13% against the prior fiscal year. Profit margin runs at 54.47%. That is 51.4 percentage points above the Steel median of 3.05%. Trailing earnings per share are 0.49.

Across the 4 fiscal years on file, revenue moves from $7.50M in 2022 to $16.57M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 38.92 times earnings. That is 78.7% above the Steel median of 21.78. 25 Steel companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.33. Daily returns over the trailing 10 years annualize to a volatility of 48.42%. The trailing one-year total return is −44.69%. Measured over 10 years, that is +17.95% a year compounded.

Growth & Income

Shareholders receive a dividend, yielding 4.65% on the latest price. That is 2.5 percentage points above the Steel median yield of 2.15%. At the indicated rate that is $0.89 a share a year. The ex-dividend date on file is July 30, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $0.55 a share. The year before, 2025, totalled $6.97 a share.

The strongest complete calendar year on file is 2017 at +155.26%; the weakest is 2022 at −22.81%. Of the 9 complete calendar years on file, 8 finished higher. So far in 2026 the total return is −49.54%.