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Mercer International Inc. (MERC)

Basic Materials | Paper & Paper Products | Vancouver, Canada | NasdaqGS
0.39 USD 0.00 (-1.077%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 0.37 -0.02 (-0.019%) ⇩ (Aug. 28, 2026, 7:57 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:★☆☆☆☆
Hot Take | Aug. 22, 2026, 4:02 a.m. EDT

Mercer International is a distressed asset with deteriorating fundamentals and a broken business model. The company is generating negative free cash flow, burning capital, and trading at a negative book value, signaling that the market has priced out any hope of a sustainable turnaround. The price action confirms this despair, dropping nearly 60% over the last nine years and continuing to slide recently. While a large institutional stake suggests some insider confidence, the lack of analyst coverage and the severe leverage concerns highlighted by downgrades suggest this is a speculative gamble rather than an investment. The dividend is a dangerous trap, paid from thin margins that cannot sustain such payouts without eroding equity value. With no earnings growth and a massive debt load relative to its tiny market cap, the long-term outlook is bleak. Short-term, the heavy put writing suggests traders expect further weakness, making this a high-risk security to avoid.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.083195
MSTL0.235489
AutoARIMA0.250075
AutoETS0.250513

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 38%
H-stat 0.72
Ljung-Box p 0.000
Jarque-Bera p 0.790
Excess Kurtosis -0.39
Attribute Value
Sector Basic Materials
Ex Dividend Date 2025-06-25
Last Dividend Date 2025-06-25
Revenue per Share 27.726
Market Cap 25,855,558
Forward P/E -0.28
Beta 0.53
Profit Margins -27.86%
Website https://mercerint.com

As of Aug. 22, 2026, 4:02 a.m. EDT: Speculators are overwhelmingly bearish, positioning heavy protective puts (over 3,000 volume contracts) against the $1 strike while calling activity is virtually nonexistent. This indicates a strong consensus expectation of further downside or a desire to hedge existing long positions rather than speculate on a rebound.


Dividend Data

Dividend History
Date Dividend Yield %
2025-06-26 0.075 2.155172
2025-03-26 0.075 1.171875
2024-12-18 0.075 1.250000
2024-09-25 0.075 1.203852
2024-06-26 0.075 0.903614
2024-03-26 0.075 0.747012
2023-12-19 0.075 0.790306
2023-09-26 0.075 0.910194
2023-06-27 0.075 0.982962
2023-03-28 0.075 0.782065
2022-12-20 0.075 0.628667
2022-09-27 0.075 0.627615
2022-06-28 0.075 0.572082
2022-03-29 0.075 0.529661
2021-12-21 0.065 0.584007
2021-09-28 0.065 0.528885
2021-06-29 0.065 0.520000
2021-03-30 0.065 0.444901
2020-12-22 0.065 0.701187
2020-09-28 0.065 1.055195
2020-06-24 0.065 0.822785
2020-03-24 0.138 2.041420
2019-12-11 0.138 1.131148
2019-09-24 0.138 1.107544
2019-06-21 0.138 0.900783
2019-03-26 0.125 0.940557
2018-12-12 0.125 1.068376
2018-09-25 0.125 0.762195
2018-06-26 0.125 0.714286
2018-03-27 0.125 1.008065
2017-12-26 0.125 0.874126
2017-09-26 0.115 0.987124
2017-06-23 0.115 1.004367
2017-03-24 0.115 0.982906
2016-12-20 0.115 1.090047
2016-09-22 0.115 1.311288
2016-06-23 0.115 1.414514
2016-03-23 0.115 1.390568
2015-12-23 0.115 1.235231
2015-09-24 0.115 1.139742
1999-04-28 0.050 0.776699
1998-04-28 0.040 0.410256
1997-04-28 0.030 0.380952
Additional Data
exDividendDate 2025-06-26
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.075
lastDividendDate 2025-06-26
dividendDate 2025-07-03

Info Dump

Attribute Value
52 Week Change -0.87658226
Address1 700 West Pender Street
Address2 Suite 1120
All Time High 27.75
All Time Low 0.25
Ask 0.39
Ask Size 2
Audit Risk 9
Average Daily Volume10 Day 16,126,150
Average Daily Volume3 Month 3,071,041
Average Volume 3,071,041
Average Volume10Days 16,126,150
Beta 0.531
Bid 0.376
Bid Size 1
Board Risk 3
Book Value -1.462
City Vancouver
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 0.3858
Current Ratio 1.304
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 0.3993
Day Low 0.3517
Display Name Mercer
Dividend Date 1,751,500,800
Earnings Call Timestamp End 1,793,390,400
Earnings Call Timestamp Start 1,793,390,400
Earnings Timestamp 1,793,304,000
Earnings Timestamp End 1,793,304,000
Earnings Timestamp Start 1,793,304,000
Ebitda -58,814,000
Ebitda Margins -0.03167
Enterprise To Ebitda -27.004
Enterprise To Revenue 0.855
Enterprise Value 1,588,216,960
Eps Current Year -3.85391
Eps Forward -1.37712
Eps Trailing Twelve Months -7.62
Esg Populated 0
Ex Dividend Date 1,750,896,000
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 604 684 1094
Fifty Day Average 0.614
Fifty Day Average Change -0.22820002
Fifty Day Average Change Percent -0.37166125
Fifty Two Week Change Percent -87.658226
Fifty Two Week High 3.35
Fifty Two Week High Change -2.9642
Fifty Two Week High Change Percent -0.88483584
Fifty Two Week Low 0.3517
Fifty Two Week Low Change 0.034099996
Fifty Two Week Low Change Percent 0.096957624
Fifty Two Week Range 0.3517 - 3.35
Financial Currency USD
First Trade Date Milliseconds 585,408,600,000
Five Year Avg Dividend Yield 4.66
Float Shares 48,276,519
Forward Eps -1.37712
Forward P E -0.28014988
Free Cashflow -52,124,248
Full Exchange Name NasdaqGS
Full Time Employees 3,545
Fullday Change -0.00419998
Fullday Change Percent -1.07692
Fullday Price 0.367
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.02839
Gross Profits 52,724,000
Has Pre Post Market Data 1
Held Percent Insiders 0.41864
Held Percent Institutions 0.38030997
Implied Shares Outstanding 67,018,033
Industry Paper & Paper Products
Industry Disp Paper & Paper Products
Industry Key paper-paper-products
Ir Website http://www.mercerint.com/s/Investors.asp
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,750,896,000
Last Dividend Value 0.075
Last Fiscal Year End 1,767,139,200
Last Split Date 641,520,000
Last Split Factor 10,249:10000
Long Business Summary Mercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) and northern bleached hardwood kraft (NBHK) pulp in the United States, Germany, China, and internationally. It operates through two segments, Pulp and Solid Wood. The company manufactures, sells, and distributes pulp, electricity, and chemicals through pulp mills. It also manufactures, distributes, and sells lumber, cross and glue laminated timber, finger joint lumber, wood pallets, electricity, biofuels, and wood residuals. In addition, the company generates and sells green energy produced from biomass cogeneration power plants. Further, it produces and sells NBSK pulp manufactured from softwood; green energy using carbon neutral biofuels, such as black liquor and wood waste; tall oil from black liquor for use as a chemical additive and green energy source; wood pellets and briquettes; lignin; and wood procurement and logistics services. The company sells its pulp products to pulp markets, integrated paper and paperboard manufacturers; and lumber products to national and regional distributors, large construction firms, secondary manufacturers, retail yards, and home centers. Mercer International Inc. was incorporated in 1968 and is headquartered in Vancouver, Canada.
Long Name Mercer International Inc.
Market us_market
Market Cap 25,855,558
Market State CLOSED
Max Age 86,400
Message Board Id finmb_251849
Most Recent Quarter 1,782,777,600
Net Income To Common -517,452,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 26,230,858
Number Of Analyst Opinions 4
Open 0.3664
Operating Cashflow -84,680,000
Operating Margins -0.12651
Overall Risk 3
Payout Ratio 0.0
Peg Ratio 2.29
Phone 604 684 1099
Post Market Change -0.01879999
Post Market Change Percent -4.8729887
Post Market Price 0.367
Post Market Time 1,787,961,465
Previous Close 0.39
Price Eps Current Year -0.10010613
Price Hint 4
Price To Book -0.26388508
Price To Sales Trailing12 Months 0.01392214
Profit Margins -0.27863002
Quick Ratio 0.645
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.00419998
Regular Market Change Percent -1.07692
Regular Market Day High 0.3993
Regular Market Day Low 0.3517
Regular Market Day Range 0.3517 - 0.3993
Regular Market Open 0.3664
Regular Market Previous Close 0.39
Regular Market Price 0.3858
Regular Market Time 1,787,947,201
Regular Market Volume 5,370,724
Return On Assets -0.06465
Return On Equity -2.9694602
Revenue Growth 0.015
Revenue Per Share 27.726
Sand P52 Week Change 0.20504117
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Share Holder Rights Risk 3
Shares Outstanding 67,018,033
Shares Percent Shares Out 0.0538
Shares Short 3,603,063
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 3,121,321
Short Name Mercer International Inc.
Short Percent Of Float 0.0861
Short Ratio 7.62
Source Interval 15
State BC
Symbol MERC
Target High Price 0.75
Target Low Price 0.15
Target Mean Price 0.6
Target Median Price 0.75
Total Cash 78,775,000
Total Cash Per Share 1.176
Total Debt 1,641,145,984
Total Revenue 1,857,154,048
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -7.62
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.34075
Two Hundred Day Average Change -0.95495
Two Hundred Day Average Change Percent -0.7122506
Type Disp Equity
Volume 5,370,724
Website https://mercerint.com
Zip V6C 1G8