--- title: "Mesabi Trust (NYSE:MSB) Shares Cross Above 200 Day Moving Average - Here's Why" type: "News" locale: "en" url: "https://longbridge.com/en/news/275881504.md" description: "Mesabi Trust (NYSE:MSB) shares crossed above their 200-day moving average of $33.55, reaching a high of $35.28 during trading. The stock last traded at $34.1160 with a volume of 31,908 shares. Analysts maintain a \"Hold\" rating, with Weiss Ratings reaffirming this stance. The company reported a quarterly EPS of $0.21 and a net margin of 82.80%. Mesabi Trust announced a quarterly dividend of $0.26, payable on February 20th, with a yield of 3.0%. Institutional investors have increased their stakes in the company recently." datetime: "2026-02-13T09:58:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275881504.md) - [en](https://longbridge.com/en/news/275881504.md) - [zh-HK](https://longbridge.com/zh-HK/news/275881504.md) --- # Mesabi Trust (NYSE:MSB) Shares Cross Above 200 Day Moving Average - Here's Why Mesabi Trust (NYSE:MSB - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $33.55 and traded as high as $35.28. Mesabi Trust shares last traded at $34.1160, with a volume of 31,908 shares trading hands. ## 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 equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of "Hold". **Check Out Our Latest Analysis on MSB** ## Mesabi Trust Stock Down 1.1% The business has a 50-day moving average price of $36.48 and a 200-day moving average price of $33.55. The firm has a market capitalization of $447.60 million, a price-to-earnings ratio of 26.04 and a beta of 0.55. Mesabi Trust (NYSE:MSB - Get Free Report) last announced its quarterly earnings data on Friday, December 12th. The mining company reported $0.21 EPS for the quarter. Mesabi Trust had a net margin of 82.80% and a return on equity of 79.30%. The firm had revenue of $3.39 million during the quarter. ## Mesabi Trust Cuts Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Shareholders of record on Friday, January 30th will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, January 30th. Mesabi Trust's dividend payout ratio is currently 79.39%. ## Institutional Investors Weigh In On Mesabi Trust A number of institutional investors have recently modified their holdings of the business. Commonwealth Equity Services LLC grew its position in shares of Mesabi Trust by 1.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 30,841 shares of the mining company's stock valued at $1,188,000 after purchasing an additional 432 shares during the period. Janney Montgomery Scott LLC lifted its stake in Mesabi Trust by 99.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 20,923 shares of the mining company's stock valued at $806,000 after buying an additional 10,407 shares in the last quarter. Horizon Kinetics Asset Management LLC boosted its holdings in Mesabi Trust by 0.9% in the 4th quarter. Horizon Kinetics Asset Management LLC now owns 3,027,698 shares of the mining company's stock worth $116,627,000 after buying an additional 28,372 shares during the last quarter. Geode Capital Management LLC increased its stake in Mesabi Trust by 8.7% during the 4th quarter. Geode Capital Management LLC now owns 64,866 shares of the mining company's stock worth $2,499,000 after buying an additional 5,189 shares in the last quarter. Finally, Mad River Investors increased its stake in Mesabi Trust by 0.4% during the 4th quarter. Mad River Investors now owns 296,649 shares of the mining company's stock worth $11,427,000 after buying an additional 1,126 shares in the last quarter. ## 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. Established in December 2011, Mesabi Trust was formed through the consolidation of royalty interests contributed by several mining companies. ## Recommended Stories - Five stocks we like better than Mesabi Trust - Nvidia CEO Issues Bold Tesla Call - Your Bank Account Is No Longer Safe - Buy this Gold Stock Before May 2026 - What a Former CIA Agent Knows About the Coming Collapse - New gold price target _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Mesabi Trust Right Now? Before you consider Mesabi Trust, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mesabi Trust wasn't on the list. While Mesabi Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [DBB.US](https://longbridge.com/en/quote/DBB.US.md) - [MSB.US](https://longbridge.com/en/quote/MSB.US.md) - [XME.US](https://longbridge.com/en/quote/XME.US.md) - [PICK.US](https://longbridge.com/en/quote/PICK.US.md) ## Related News & Research - [King Copper Discovery names Harp Gosal director of capital markets, communications](https://longbridge.com/en/news/287065552.md) - [US Critical Materials and Bayan Mining and Minerals sign MoU](https://longbridge.com/en/news/286679728.md) - [BioInvent to Host Virtual KOL Event to Discuss BI-1808 for the Treatment of Ovarian Cancer, on May 27, 2026](https://longbridge.com/en/news/287043048.md) - [08:37 ETDresner Advisory Services Publishes 15th Edition Self-Service Business Intelligence Market Study](https://longbridge.com/en/news/286772174.md) - [Gotransverse Launches New BI & Analytics Solution to Deliver Real-Time Monetization Intelligence](https://longbridge.com/en/news/286928959.md)