Raymond James Has Negative Estimate for MERC FY2025 Earnings

Mercer International Inc. (NASDAQ:MERC - Free Report) TSE: MRI.U - Research analysts at Raymond James lowered their FY2025 EPS estimates for Mercer International in a report released on Wednesday, April 30th. Raymond James analyst D. Swetlishoff now expects that the basic materials company will earn ($0.80) per share for the year, down from their prior forecast of ($0.29). Raymond James 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 also issued estimates for Mercer International's FY2026 earnings at ($0.16) EPS.

A number of other analysts also recently issued reports on the company. Royal Bank of Canada lowered their price target on Mercer International from $7.00 to $5.00 and set a "sector perform" rating for the company in a research report on Tuesday, April 22nd. CIBC lowered their target price on shares of Mercer International from $6.00 to $5.00 and set a "neutral" rating for the company in a report on Tuesday. Finally, TD Securities cut their price target on shares of Mercer International from $5.50 to $4.00 and set a "hold" rating on the stock in a report on Monday. Five investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $4.75.

Mercer International Trading Up 4.2 %

Shares of Mercer International stock traded up $0.15 on Monday, reaching $3.72. The company had a trading volume of 518,517 shares, compared to its average volume of 405,109. The firm has a market cap of $248.76 million, a price-to-earnings ratio of -2.93 and a beta of 1.08. The company has a debt-to-equity ratio of 3.09, a current ratio of 3.79 and a quick ratio of 2.39. The firm's 50-day moving average price is $5.49 and its two-hundred day moving average price is $6.20. Mercer International has a 1 year low of $3.20 and a 1 year high of $11.20.

Mercer International (NASDAQ:MERC - Get Free Report) TSE: MRI.U last released its quarterly earnings results on Thursday, May 1st. The basic materials company reported ($0.33) EPS for the quarter. Mercer International had a negative return on equity of 5.18% and a negative net margin of 4.17%. The company had revenue of $506.97 million during the quarter, compared to analysts' expectations of $508.42 million.

Mercer International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 3rd. Investors of record on Thursday, June 26th will be paid a $0.075 dividend. The ex-dividend date is Thursday, June 26th. This represents a $0.30 annualized dividend and a yield of 8.06%. Mercer International's dividend payout ratio (DPR) is currently -22.22%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. KLP Kapitalforvaltning AS bought a new position in Mercer International during the 4th quarter worth about $58,000. Geode Capital Management LLC boosted its stake in shares of Mercer International by 1.7% during the third quarter. Geode Capital Management LLC now owns 525,532 shares of the basic materials company's stock valued at $3,559,000 after purchasing an additional 8,957 shares in the last quarter. Finally, Entropy Technologies LP boosted its stake in shares of Mercer International by 56.0% during the fourth quarter. Entropy Technologies LP now owns 17,270 shares of the basic materials company's stock valued at $112,000 after purchasing an additional 6,200 shares in the last quarter. 85.79% of the stock is currently owned by hedge funds and other institutional investors.

Mercer International Company Profile

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.