Mercer International Inc. (MERC)

NASDAQ: MERC · IEX Real-Time Price · USD
9.25
-0.01 (-0.05%)
Apr 16, 2024, 1:34 PM EDT - Market open
-0.05%
Market Cap 617.02M
Revenue (ttm) 1.99B
Net Income (ttm) -242.06M
Shares Out 66.52M
EPS (ttm) -3.65
PE Ratio n/a
Forward PE 4.42
Dividend $0.30 (3.25%)
Ex-Dividend Date Mar 26, 2024
Volume 30,971
Open 9.21
Previous Close 9.25
Day's Range 9.05 - 9.33
52-Week Range 7.01 - 10.42
Beta 1.40
Analysts Hold
Price Target 9.00 (-2.65%)
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]

Sector Materials
IPO Date Apr 20, 1987
Employees 3,508
Stock Exchange NASDAQ
Ticker Symbol MERC
Full Company Profile

Financial Performance

Financial Statements

Analyst 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 -2.65% from the latest price.

Price Target
$9.0
(-2.65% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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 ...

13 days ago - GlobeNewsWire

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...

Other symbols: WFG
13 days ago - PRNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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 ...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - PRNewsWire

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

Mercer International Inc. Announces Resignation of Its CFO, David Ure, and Promotion of Richard Short to CFO

NEW YORK, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. ("Mercer" or the "Company") (Nasdaq: MERC) today announced that David Ure, who has served as CFO and Secretary since 2015, will be...

1 year ago - GlobeNewsWire