Mercer International Inc. (MERC)
Market Cap | 680.53M |
Revenue (ttm) | 2.02B |
Net Income (ttm) | -228.18M |
Shares Out | 66.85M |
EPS (ttm) | -3.44 |
PE Ratio | n/a |
Forward PE | 14,896.11 |
Dividend | $0.30 (2.95%) |
Ex-Dividend Date | Jun 26, 2024 |
Volume | 112,175 |
Open | 10.40 |
Previous Close | 10.35 |
Day's Range | 10.15 - 10.40 |
52-Week Range | 7.01 - 11.20 |
Beta | 1.37 |
Analysts | Hold |
Price Target | 9.00 (-11.59%) |
Earnings Date | May 9, 2024 |
About MERC
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 generate... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for MERC stock is "Hold." The 12-month stock price forecast is $9.0, which is a decrease of -11.59% from the latest price.
News
Mercer International Inc. Reports First Quarter 2024 Results and Announces Quarterly Cash Dividend Of $0.075
Selected Highlights First quarter Operating EBITDA* of $63.6 million and net loss of $16.7 million Improving pulp markets and lower costs driving stronger EBITDA Quarterly cash dividend of $0.075 per ...
Mercer International Inc. Announces Conference Call for First Quarter 2024 Results
NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its first quarter results for the period ending March 31, 2024 on Thursday, May 9, 2024, after the close o...
West Fraser and Mercer Announce Dissolution of Cariboo Pulp and Paper Joint Venture
VANCOUVER, British Columbia, April 02, 2024 (GLOBE NEWSWIRE) -- West Fraser Timber Co. Ltd. ("West Fraser") (TSX and NYSE: WFG) and Mercer International Inc. ("Mercer") (NASDAQ: MERC) announced today ...
WEST FRASER AND MERCER ANNOUNCE DISSOLUTION OF CARIBOO PULP AND PAPER JOINT VENTURE
VANCOUVER, BC, April 2, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser") (TSX and NYSE: WFG) and Mercer International Inc. ("Mercer") (NASDAQ: MERC) announced today an agreement to diss...
Jimmy Lee Appointed As Chairman Emeritus Of Mercer International Inc.
NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. ("Mercer" or the "Company") (Nasdaq: MERC) announced that Jimmy Lee is stepping down as Executive Chairman and director of the Com...
Mercer International Inc. Reports Fourth Quarter and Year End 2023 Results and Announces Quarterly Cash Dividend of $0.075
Selected Highlights Fourth quarter Operating EBITDA* of $21.1 million and net loss of $87.2 million Full year 2023 Operating EBITDA of $17.5 million and net loss of $242.1 million Continued to ramp up...
Mercer International Inc. Announces Conference Call for Fourth Quarter 2023 Results
NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its fourth quarter results for the period ending December 31, 2023 on Thursday, February 15, 2024, after th...
Mercer International Inc. to Present at Upcoming CIBC Investor Conference
NEW YORK, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Juan Carlos Bueno, President and Chief Executive Officer, and Richard Short, Chief Financial O...
Mercer International Inc. to Present at Upcoming Investor Conferences
NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Richard Short, Chief Financial Officer and Secretary, will be attending and hosting meetings a...
Mercer International Inc. Reports Third Quarter and First Nine Months of 2023 Results and Announces Quarterly Cash Dividend of $0.075
Selected Highlights Third quarter Operating EBITDA* of $37.5 million and net loss of $26.0 million Continued strong growth and integration of our mass timber business Enhanced liquidity by completing ...
Mercer International Inc. Announces Conference Call for Third Quarter 2023 Results
NEW YORK, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its third quarter results for the period ending September 30, 2023, on Thursday, November 2, 2023, after t...
Mercer International Inc. to Present at Upcoming 2023 TD Securities Paper and Forest Products Conference
NEW YORK, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Richard Short, Chief Financial Officer and Secretary, will be presenting at the following upc...
Mercer International Inc. Completes Private Offering of $200,000,000 of 2028 Senior Notes
NEW YORK, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced that it has completed its previously announced private offering of $200.0 million ...
Mercer International Inc. Announces Pricing of Private Offering of Senior Notes
NEW YORK, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced the pricing of its private offering of $200.0 million in aggregate principal amoun...
Mercer International Inc. Announces Plans to Issue $200 Million of Senior Notes in Private Offering
NEW YORK, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced that it intends to offer for sale (the "Offering") $200.0 million in aggregate pri...
Mercer International Inc. Reports Second Quarter and First Half 2023 Results and Announces Quarterly Cash Dividend of $0.075
Selected Highlights Continued to grow our mass timber business with the acquisition of substantially all of the U.S. and Canadian mass timber assets of the Structurlam group of companies and ramping u...
Mercer International Announces Temporary Curtailment of Its Celgar Pulp Mill
NEW YORK, July 21, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. ("Mercer" or the “Company”) (Nasdaq: MERC) today announced the temporary curtailment of operations at its Celgar pulp mill located...
Mercer International Inc. Announces Conference Call for Second Quarter 2023 Results
NEW YORK, July 06, 2023 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its second quarter results for the period ending June 30, 2023, on Thursday, August 3, 2023, after the clos...
Mercer International Inc. Announces the Completion of the Acquisition of Structurlam Mass Timber Assets
NEW YORK, June 15, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. ("Mercer" or the "Company") (Nasdaq: MERC) today announced that it has completed the previously-announced acquisition of substanti...
Mercer International Inc. Receives Court Sales Order Approval to Acquire Structurlam Mass Timber Assets
Selected Highlights: Mercer to acquire substantially all of Structurlam's assets, including its state-of-the-art mass timber facility in Conway, Arkansas, cementing Mercer's position as a leading mass...
Mercer International Inc. Releases 2022 Sustainability Report
NEW YORK, May 30, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq: MERC) -- a global forest and bioproducts company, today announced the release of its annual su...
Mercer International Inc. Reports First Quarter 2023 Results and Announces Quarterly Cash Dividend of $0.075
Selected Highlights First quarter Operating EBITDA* of $27.5 million and net loss of $30.6 million Mass Timber business continues to grow its cross-laminated timber order book Quarterly cash dividend ...
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Mercer International Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors
NEW YORK , April 24, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty clai...
Mercer International Inc. Announces Conference Call for First Quarter 2023 Results
NEW YORK, April 06, 2023 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its first quarter results for the period ending March 31, 2023, on Thursday, May 4, 2023, after the close ...
Mercer International Inc. Signs Major Mass Timber Construction Project
NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported that it has signed its first major mass timber project contract with a large consumer products reta...