Mercer International (MERC) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mercer International in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MERC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MERC, but not buy additional shares or sell existing shares.
View MERC analyst ratings or view top-rated stocks.

5 Wall Street analysts have issued 12-month target prices for Mercer International's shares. Their MERC share price forecasts range from $10.00 to $24.00. On average, they expect the company's share price to reach $13.90 in the next year. This suggests a possible upside of 55.1% from the stock's current price.
View analysts price targets for MERC or view top-rated stocks among Wall Street analysts.

Mercer International's stock was trading at $11.64 at the start of the year. Since then, MERC shares have decreased by 23.0% and is now trading at $8.96.
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Mercer International saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,550,000 shares, an increase of 105.9% from the April 30th total of 752,800 shares. Based on an average daily volume of 461,400 shares, the short-interest ratio is currently 3.4 days. Currently, 4.0% of the company's shares are sold short.
View Mercer International's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our MERC earnings forecast.

Mercer International Inc. (NASDAQ:MERC) released its quarterly earnings data on Thursday, May, 4th. The basic materials company reported ($0.46) earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by $0.82. The basic materials company had revenue of $522.67 million for the quarter, compared to the consensus estimate of $512.70 million. Mercer International had a net margin of 5.77% and a trailing twelve-month return on equity of 16.28%. The business's quarterly revenue was down 11.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.34 earnings per share.

Mercer International declared a quarterly dividend on Thursday, May 4th. Investors of record on Wednesday, June 28th will be paid a dividend of $0.075 per share on Thursday, July 6th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date is Tuesday, June 27th.
Read our dividend analysis for MERC.

ETFs with the largest weight of Mercer International (NASDAQ:MERC) stock in their portfolio include ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap Materials ETF (PSCM), iShares Global Timber & Forestry ETF (WOOD), Invesco MSCI Global Timber ETF (CUT) and Invesco S&P SmallCap Quality ETF (XSHQ).

Mercer International (NASDAQ:MERC) pays an annual dividend of $0.30 per share and currently has a dividend yield of 3.46%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MERC will have a dividend payout ratio of 14.56% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MERC.

1 employees have rated Mercer International Chief Executive Officer Jimmy S. H. Lee on Glassdoor.com. Jimmy S. H. Lee has an approval rating of 100% among the company's employees. This puts Jimmy S. H. Lee in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mercer International investors own include Chesapeake Energy (CHKAQ), Hecla Mining (HL), Barnes Group (B), Caterpillar (CAT), Energy Transfer (ET), AT&T (T), Teck Resources (TECK), CVS Health (CVS), Ford Motor (F) and Domtar (UFS).

Mercer International trades on the NASDAQ under the ticker symbol "MERC."

Mercer International's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (0.64%), Keeley Teton Advisors LLC (0.50%), Ameriprise Financial Inc. (0.36%), Bank of New York Mellon Corp (0.33%), Rhumbline Advisers (0.10%) and State of Tennessee Treasury Department (0.07%). Insiders that own company stock include Alice Laberge, Eric Xavier Heine, Keith Purchase, Peter R Kellogg and Rainer Rettig.
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Shares of MERC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MERC stock can currently be purchased for approximately $8.96.

Mercer International (NASDAQ:MERC) has a market capitalization of $595.21 million and generates $2.28 billion in revenue each year. The basic materials company earns $247.04 million in net income (profit) each year or $1.91 on an earnings per share basis.

The company employs 3,320 workers across the globe.

Mercer International's mailing address is 700 WEST PENDER STREET SUITE 1120, VANCOUVER A1, 98168. The official website for the company is mercerint.com. The basic materials company can be reached via phone at (604) 684-1099 or via fax at 604-684-1094.