
Mercer International Inc. (NASDAQ:MERC - Free Report) TSE: MRI.U - Analysts at Raymond James Financial lowered their FY2025 EPS estimates for Mercer International in a note issued to investors on Monday, July 21st. Raymond James Financial analyst D. Swetlishoff now anticipates that the basic materials company will earn ($2.05) per share for the year, down from their prior estimate of ($0.66). Raymond James Financial currently has a "Market Perform" rating and a $5.00 price target on the stock. The consensus estimate for Mercer International's current full-year earnings is ($0.29) per share. Raymond James Financial also issued estimates for Mercer International's FY2026 earnings at ($1.19) EPS.
Mercer International (NASDAQ:MERC - Get Free Report) TSE: MRI.U last announced its quarterly earnings results on Thursday, May 1st. The basic materials company reported ($0.33) earnings per share (EPS) for the quarter. Mercer International had a negative return on equity of 12.07% and a negative net margin of 4.55%. The firm had revenue of $506.97 million for the quarter, compared to analyst estimates of $508.42 million.
MERC has been the topic of several other research reports. TD Securities decreased their target price on Mercer International from $5.50 to $4.00 and set a "hold" rating on the stock in a research note on Monday, May 5th. Royal Bank Of Canada cut their price objective on Mercer International from $7.00 to $5.00 and set a "sector perform" rating on the stock in a research report on Tuesday, April 22nd. Finally, CIBC lowered their target price on Mercer International from $5.00 to $4.00 and set a "neutral" rating for the company in a research note on Tuesday. Five analysts have rated the stock with a hold rating, Based on data from MarketBeat, Mercer International has an average rating of "Hold" and an average target price of $4.50.
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Mercer International Trading Up 3.9%
NASDAQ MERC traded up $0.15 during trading hours on Thursday, reaching $3.96. The company had a trading volume of 956,329 shares, compared to its average volume of 650,807. The company has a current ratio of 3.25, a quick ratio of 1.98 and a debt-to-equity ratio of 3.44. The stock has a market capitalization of $264.81 million, a P/E ratio of -2.93 and a beta of 1.04. The stock has a 50-day moving average of $3.64 and a 200 day moving average of $5.14. Mercer International has a 1-year low of $3.18 and a 1-year high of $8.28.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Mercer International stock. KLP Kapitalforvaltning AS bought a new stake in Mercer International Inc. (NASDAQ:MERC - Free Report) TSE: MRI.U in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 9,000 shares of the basic materials company's stock, valued at approximately $58,000. 85.79% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Mercer International
In related news, COO Carsten Merforth purchased 7,000 shares of the stock in a transaction that occurred on Thursday, May 8th. The shares were purchased at an average price of $3.62 per share, with a total value of $25,340.00. Following the completion of the acquisition, the chief operating officer directly owned 22,651 shares in the company, valued at $81,996.62. This represents a 44.73% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Wolfgang Beck purchased 8,791 shares of the company's stock in a transaction that occurred on Wednesday, May 7th. The stock was bought at an average price of $3.60 per share, for a total transaction of $31,647.60. Following the transaction, the vice president directly owned 35,054 shares in the company, valued at $126,194.40. This trade represents a 33.47% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 926,811 shares of company stock worth $3,085,834 in the last 90 days. Company insiders own 1.00% of the company's stock.
Mercer International Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Thursday, June 26th were issued a $0.075 dividend. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 7.58%. Mercer International's payout ratio is -22.22%.
About Mercer International
(
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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.
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