Mercer International (MERC) Stock Price, News & Analysis

Company Overview

Mercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) and northern bleached hardwood kraft (NBHK) pulp worldwide. The company operates through two segments, Pulp and Solid Wood. It manufactures, sells, and distributes pulp, electricity, and chemicals through pulp mills. The company also manufactures, distributes, and sells lumber, cross-laminated timber, finger joint lumber, glue-laminated timber, wood pallets, electricity, biofuels, and wood residuals. In addition, it generates and sells green energy produced from biomass cogeneration power plant to third party. Further, it produces and sells NBSK pulp manufactured from softwood; green energy using carbon-neutral biofuels, such as black liquor and wood waste; tall oil from black liquor for use as a chemical additive and green energy source; bio extractives and biomaterials, including lignin, turpentine, cellulose filaments, and sandalwood oil; and biofuels; as well as provides transportation and logistics services. The company sells its pulp to pulp markets, integrated paper and paperboard manufacturers; and lumber products to distributors, construction firms, secondary manufacturers, retail yards, and home centers. Mercer International Inc. was founded in 1968 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: $6.15 to $6.55
• 50-Day Range: $5.60 to $7.38
• 52-Week Range: $5.33 to $11.20
• Volume: 417,168 shs
• Average Volume: 358,503 shs
• Market Capitalization: $421.95 million
• P/E Ratio: N/A
• Dividend Yield: 4.75%
• Price Target: $9.13
• Consensus Rating: Hold

Mercer International Stock Analysis - MarketRank™

Mercer International scored higher than 77% of companies evaluated by MarketBeat, and ranked 72nd out of 188 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Mercer International has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Mercer International has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Mercer International are expected to grow in the coming year, from ($1.78) to ($0.07) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Mercer International is -2.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mercer International is -2.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Mercer International has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.20% of the float of Mercer International has been sold short.

Short Interest Ratio / Days to Cover

Mercer International has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mercer International has recently increased by 15.25%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Mercer International is a leading dividend payer. It pays a dividend yield of 4.60%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Mercer International does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.20% of the float of Mercer International has been sold short.

Short Interest Ratio / Days to Cover

Mercer International has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mercer International has recently increased by 15.25%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 0.49

News Sentiment

Mercer International has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Mercer International this week, compared to 4 articles on an average week.

Search Interest

4 people have searched for MERC on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

MarketBeat Follows

2 people have added Mercer International to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Mercer International insiders have bought more of their company's stock than they have sold. Specifically, they have bought $252,650.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 4.20% of the stock of Mercer International is held by insiders.

Percentage Held by Institutions

85.79% of the stock of Mercer International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MERC Stock Analysis - Frequently Asked Questions

How have MERC shares performed this year?

Mercer International's stock was trading at $9.48 at the beginning of 2024. Since then, MERC shares have decreased by 33.4% and is now trading at $6.31.
View the best growth stocks for 2024 here.

How were Mercer International's earnings last quarter?

Mercer International Inc. (NASDAQ:MERC) issued its quarterly earnings results on Thursday, October, 31st. The basic materials company reported ($0.26) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.29) by $0.03. The company's revenue for the quarter was up 6.7% on a year-over-year basis.

Who are Mercer International's major shareholders?

Mercer International's top institutional investors include Wolverine Asset Management LLC. Insiders that own company stock include Estrada Juan Carlos Bueno, Keith Purchase, Richard George Short, Rainer Rettig, Wolfgang Beck, Peter R Kellogg and Eric Xavier Heine.
View institutional ownership trends.

How do I buy shares of Mercer International?

Shares of MERC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Mercer International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mercer International investors own include Broadcom (AVGO), Meta Platforms (META), NVIDIA (NVDA), AbbVie (ABBV), Arista Networks (ANET), Jabil (JBL) and Adobe (ADBE).

Company Calendar

• Ex-Dividend for 10/3 Dividend: 9/25/2024
• Dividend Payable: 10/03/2024
• Last Earnings: 10/31/2024
• Today: 11/04/2024
• Ex-Dividend for 12/26 Dividend: 12/18/2024
• Dividend Payable: 12/26/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/20/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: Pulp mills
• Sub-Industry: N/A
• Current Symbol: NASDAQ:MERC
• CUSIP: N/A
• CIK: 1333274
• Web: mercerint.com
• Phone: (604) 684-1099
• Fax: 604-684-1094
• Employees: 3,508
• Year Founded: 1968

Price Target and Rating

• Average Stock Price Target: $9.13
• High Stock Price Target: $10.50
• Low Stock Price Target: $7.00
• Potential Upside/Downside: +48.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.83)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-242,060,000.00
• Net Margins: -9.33%
• Pretax Margin: -9.90%
• Return on Equity: -17.24%
• Return on Assets: -3.77%

Debt

• Debt-to-Equity Ratio: 3.22
• Current Ratio: 3.46
• Quick Ratio: 2.17

Sales & Book Value

• Annual Sales: $1.99 billion
• Price / Sales: 0.21
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $9.55 per share
• Price / Book: 0.66

Miscellaneous

• Outstanding Shares: 66,870,000
• Free Float: 64,062,000
• Market Cap: $421.95 million
• Optionable: Optionable
• Beta: 1.35