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NASDAQ:MERC

Mercer International (MERC) Stock Price, News & Analysis

Mercer International logo
$6.31
-0.13 (-2.02%)
(As of 11/4/2024 ET)

About Mercer International Stock (NASDAQ:MERC)

Key Stats

Today's Range
$6.15
$6.55
50-Day Range
$5.60
$7.38
52-Week Range
$5.33
$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

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.

Mercer International Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
77th Percentile Overall Score

MERC 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.

  • 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.

  • Read more about Mercer International's stock forecast and price target.
  • 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.

  • Read more about Mercer International's valuation and earnings.
  • 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 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.

  • Read more about Mercer International's dividend.
  • 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 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.
  • 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.

  • Read more about Mercer International's insider trading history.
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MERC Stock News Headlines

Mercer International Reports Strong EBITDA Growth
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Mercer International Reports Q3 EBITDA Growth and Dividend
See More Headlines

MERC Stock Analysis - Frequently Asked Questions

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
.

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.

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
.

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.

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

Industry
Pulp mills
Sub-Industry
N/A
Current Symbol
NASDAQ:MERC
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

Net Income
$-242,060,000.00
Pretax Margin
-9.90%

Debt

Sales & Book Value

Annual Sales
$1.99 billion
Book Value
$9.55 per share

Miscellaneous

Free Float
64,062,000
Market Cap
$421.95 million
Optionable
Optionable
Beta
1.35

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This page (NASDAQ:MERC) was last updated on 11/5/2024 by MarketBeat.com Staff
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