Mercer International - MERC Stock Forecast, Price & News

5 Wall Street equities research 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 equities research 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 research analysts have issued twelve-month price targets for Mercer International's shares. Their MERC share price forecasts range from $12.00 to $24.00. On average, they anticipate the company's stock price to reach $16.50 in the next year. This suggests a possible upside of 72.1% 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 on January 1st, 2023. Since then, MERC stock has decreased by 17.6% and is now trading at $9.59.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our MERC earnings forecast.

Mercer International Inc. (NASDAQ:MERC) released its earnings results on Thursday, February, 16th. The basic materials company reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.49 by $0.19. The basic materials company had revenue of $583.06 million for the quarter, compared to the consensus estimate of $495.94 million. Mercer International had a net margin of 10.83% and a trailing twelve-month return on equity of 32.09%. The firm's revenue was up 12.4% compared to the same quarter last year. During the same period last year, the firm earned $1.12 EPS.

Mercer International announced a quarterly dividend on Thursday, February 16th. Shareholders of record on Wednesday, March 29th will be paid a dividend of $0.075 per share on Wednesday, April 5th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date of this dividend is Tuesday, March 28th.
Read our dividend analysis for MERC.

ETFs with the largest weight of Mercer International (NASDAQ:MERC) stock in their portfolio include iShares Global Timber & Forestry ETF (WOOD), 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), Invesco S&P SmallCap Materials ETF (PSCM), Pacer US Small Cap Cash Cows 100 ETF (CALF), Syntax Stratified SmallCap ETF (SSLY) and Invesco MSCI Global Timber ETF (CUT).

Mercer International (NASDAQ:MERC) pays an annual dividend of $0.30 per share and currently has a dividend yield of 3.13%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MERC will have a dividend payout ratio of 11.54% 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 variety of retail and institutional investors. Top institutional investors include Geode Capital Management LLC (0.63%), Keeley Teton Advisors LLC (0.51%), LSV Asset Management (0.10%), North Star Investment Management Corp. (0.09%), State of Tennessee Treasury Department (0.08%) and Campbell & CO Investment Adviser LLC (0.08%). 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 $9.59.

Mercer International (NASDAQ:MERC) has a market capitalization of $634.57 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 $3.71 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.