Stocks · Basic Materials · Steel
Mesabi Trust MSB
$18.90 -1.05% Close, Oct 2, 2026 · NYSE · Market cap $248.0M
High qualityWeak trend
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Revenue over the last four quarters was $11.9M, down 87.5% from a year earlier, slowing from -84.3% a quarter earlier.
- Diluted EPS over the last four quarters was $0.50, down 93.0% year over year.
- Operating margin widened to 55.2% from 21.8% a year earlier.
PromtFinance scores
Each score is a percentile within the Basic Materials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 1%
- EPS growth (TTM, YoY)Bottom 17%
- FCF growth (TTM, YoY)Bottom 16%
- Revenue growth, 3-year CAGRTop 6%
- Revenue growth accelerationBottom 17%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 2%
- Gross marginTop 1%
- Operating marginTop 2%
- Cash conversion (OCF / net income)Bottom 37%
- Accruals (lower is better)Top 17%
- Net debt / EBITDA (lower is better)Top 3%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 49%
- Free-cash-flow yieldTop 44%
- EBITDA / enterprise valueBottom 30%
- Sales / enterprise valueBottom 7%
- P/E vs own 5-year history (lower is better)Bottom 24%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 13%
- 6-month returnBottom 9%
- 1-year return vs S&P 500Bottom 9%
- Distance from 52-week highBottom 13%
- Trend checklist (0–4)Bottom 26%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 38%
- Maximum drawdown, 3 yearsBottom 44%
- Beta vs S&P 500 (lower is better)Bottom 45%
- Net debt / EBITDA (lower is better)Top 3%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -84.3% | -87.5% | ↓ |
| EPS growth (YoY) | -87.9% | -93.0% | ↓ |
| Gross margin | 96.4% | 80.7% | ↓ |
| Operating margin | 21.8% | 55.2% | ↑ |
| FCF margin | 98.8% | 73.3% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -87.5% | -84.3% | ↓ | Bottom 1% |
| EPS growth (TTM, YoY) | -93.0% | -87.9% | ↓ | Bottom 17% |
| Gross margin | 80.7% | 96.4% | ↓ | Top 1% |
| Operating margin | 55.2% | 21.8% | ↑ | Top 2% |
| Net margin | 54.5% | 97.5% | ↓ | — |
| Free-cash-flow margin | 73.3% | 98.8% | ↓ | — |
| Return on invested capital | 37.4% | — | Top 2% | |
| Revenue growth, 3-year CAGR | 31.3% | — | Top 6% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.35×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -11.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +50.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -2.68×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 5.08%
- Net buyback yield (TTM)
- 0.00%
- Shareholder yield
- 5.08%
- Share count change, 1 year
- +0.0%
- Share count change, 3-year CAGR
- +0.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jul 31, 2026 (filed Sep 11, 2026).
Earnings and expectations
Earnings momentum
- Average 2-day reaction, last 8
- +0.2%
- Positive 20 days after report
- 3 of 7
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Sep 11, 2026 | — | +1.1% | -11.4% | — | — |
| Jun 12, 2026 | — | +4.8% | +0.4% | +1.9% | -4.9% |
| Apr 22, 2026 | — | +2.0% | -0.6% | -1.7% | -13.1% |
| Dec 12, 2025 | — | -2.0% | -1.2% | +13.5% | -11.2% |
| Sep 15, 2025 | — | -0.3% | -1.7% | -2.5% | +4.4% |
| Jun 12, 2025 | — | +0.9% | -9.1% | -5.0% | +18.3% |
| Apr 24, 2025 | — | -1.8% | +0.1% | -7.8% | -5.2% |
| Dec 13, 2024 | — | -3.5% | +11.5% | +1.6% | -2.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Sep 11, 2026 | -$0.01 | — | — | $2.5M |
| Jun 12, 2026 | $0.08 | — | — | $2.2M |
| Apr 22, 2026 | $0.21 | — | — | $3.6M |
| Dec 12, 2025 | $0.21 | — | — | $3.6M |
| Sep 15, 2025 | $0.36 | — | — | $5.6M |
| Jun 12, 2025 | $0.28 | — | — | $4.7M |
| Apr 24, 2025 | $0.46 | — | — | $5.8M |
| Dec 13, 2024 | $5.97 | — | — | $79.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 38.1× | 9.9× | 85th | Bottom 49% |
| EV / EBITDA | 35.6× | — | — | Bottom 30% |
| EV / Sales | 19.36× | — | — | Bottom 7% |
| Free-cash-flow yield | 3.52% | — | — | Top 44% |
| Earnings yield | 2.62% | — | — | Bottom 49% |
P/E over the past five years
Range 3.6× – 61.8× since Jul 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -40.2%
- Earnings per share growth (TTM)
- -93.0%
- Change in P/E multiple
- +935.0%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -6.4%
- 200-day average slope (20 days)
- -4.2%
- Distance from 50-day average
- -15.0%
- Distance from 200-day average
- -33.5%
- RSI (14)
- 31.9
- Relative volume
- 0.79×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 37.7%
- Volatility vs own 5-year history
- 14th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.07
- Correlation with S&P 500
- 0.35
- Current drawdown from 1-year high
- -54.1%
- Maximum drawdown, 3 years
- -54.1%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 20, 2021 | Aug 7, 2024 | -59.0% | 808 days | 352 days (Jan 2, 2026) |
| Jan 8, 2026 | Oct 2, 2026 | -54.1% | 184 days | Not yet recovered |
| Oct 15, 2020 | Nov 12, 2020 | -16.2% | 20 days | 14 days (Dec 3, 2020) |
| Dec 23, 2020 | Jan 29, 2021 | -15.6% | 24 days | 28 days (Mar 11, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $248.0M
- P/E (TTM)
- 38.1
- EPS, diluted (TTM)
- $0.50
- Revenue (TTM)
- $11.9M
- Dividend yield
- 4.71%
- 52-week range
- $18.50 – $42.38
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $71.5M | $7.7M | $22.9M | $25.5M | $17.5M |
| Gross profit | $71.2M | $7.3M | $22.6M | $98.3M | $17.0M |
| Operating income | $68.8M | $5.1M | $19.1M | $20.6M | $13.9M |
| Net income | $68.8M | $5.3M | $19.0M | $93.3M | $13.9M |
| EPS (diluted) | $5.24 | $0.40 | $1.45 | $7.11 | $1.06 |
| Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | Q1 2027 | Q2 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $79.0M | $5.8M | $4.7M | $5.6M | $3.6M | $3.6M | $2.2M | $2.5M |
| Net income | $78.3M | $6.1M | $3.6M | $4.7M | $2.8M | $2.7M | $1.1M | -$95,013 |
| EPS (diluted) | $5.97 | $0.46 | $0.28 | $0.36 | $0.21 | $0.21 | $0.08 | -$0.01 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $62.8M | $13.9M | $14.6M | $93.9M | $14.4M |
| Capital expenditure | $0 | $0 | $0 | $0 | $0 |
| Free cash flow | $62.8M | $13.9M | $14.6M | $93.9M | $14.4M |
| Dividends paid | -$37.5M | -$47.6M | -$4.6M | -$17.7M | -$91.4M |
| Net share buybacks | $0 | $0 | $0 | $0 | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $17.4M
- Total assets
- $19.8M
- Total liabilities
- $2.3M
- Total debt
- $0
- Net debt
- -$17.4M
- Shareholders’ equity
- $17.6M
As of Jul 31, 2026 (filed Sep 11, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Jul 30, 2026 | $0.05 | Aug 20, 2026 |
| Apr 30, 2026 | $0.24 | May 20, 2026 |
| Jan 30, 2026 | $0.26 | Feb 20, 2026 |
| Oct 30, 2025 | $0.34 | Nov 20, 2025 |
| Jul 30, 2025 | $0.12 | Aug 20, 2025 |
| Apr 30, 2025 | $0.56 | May 20, 2025 |
| Jan 30, 2025 | $5.95 | Feb 20, 2025 |
| Oct 30, 2024 | $0.39 | Nov 20, 2024 |
Short interest
- Shares sold short
- 111,383
- Days to cover
- 4.04
- Change vs previous report
- +16.9%
FINRA short interest, settlement date Sep 15, 2026.