Mercer International (MERC)

• Market cap: $220M
• 1 day: -1.22%
• 5 days: 3.51%
• 1 month: -25.69%
• 3 months: -8.99%
• 6 months: -59.90%
• Year to date: -49.30%
• 1 year: -47.15%
• 5 years: -61.06%
• 10 years: -68.91%
• Sector: Materials
• Industry: Paper & Paper Products

About: Mercer International Inc is a forest products company with two reportable operating segments in pulp and solid wood. The pulp segment consists of the manufacture, sale, and distribution of pulp, electricity, and chemicals. The company has a geographical presence in the USA, Germany, China, and Other countries, where the majority of revenue is generated from the USA. The majority of the revenue is generated from the Pulp segment.

Employees: 3,580

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

442% more call options, than puts

Call options by funds: $5.78M | Put options by funds: $1.07M

21% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 34

0% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]

0.28% less ownership

Funds ownership: 78.56% [Q1] → 78.28% (-0.28%) [Q2]

9% less funds holding

Funds holding: 113 [Q1] → 103 (-10) [Q2]

32% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 25

43% less capital invested

Capital invested by funds: $323M [Q1] → $184M (-$140M) [Q2]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $3 7% downside
• Avg. target: $3.50 8% upside
• High target: $4 23% upside

2 analyst ratings

• positive: 0 0%
• neutral: 2 100%
• negative: 0 0%

TD Securities Sean Steuart	7% downside $3	Hold Maintained	5 Aug 2025
CIBC Hamir Patel	23% upside $4	Neutral Maintained	22 Jul 2025