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Mercury NZ (MCY) Stock Price & Analysis

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MCY Stock Chart & Stats

NZ$6.66NZ$0.04(0.15%)
At close: 4:45 PM GMT+13
NZ$6.5NZ$6.75NZ$7Aug 17Aug 31Sep 14Sep 28Oct 12Oct 27Nov 9
Day’s Range
NZD 6.57 - NZD 6.71
52-Week Range
NZD 6.08 - NZD 7.16
Previous Close
NZD 6.65
Volume
N/A
Average Volume (3M)
501.27K
Market Cap
NZD 9.57B
Enterprise Value
NZD 12.23B
Total Cash (Recent Filing)
NZD 77.00M
Total Debt (Recent Filing)
NZD 2.47B
Price to Earnings (P/E)
29.9
Beta
0.65
Next Earnings
Feb 23, 2027 (Est.)
EPS Estimate
0.16
Last Dividend Ex-Date
Sep 02, 2026
Dividend Yield
4.77%

Bulls Say, Bears Say

Bulls Say

Renewable Generation And Earnings Growth

Higher renewable output from newly commissioned projects is driving a substantial earnings rebound and expanding Mercury’s generation base. FY27 guidance remains above FY26, while the raised FY30 EBITDAF floor indicates management expects the benefits of capacity growth to persist.

Visible Renewable Investment Pipeline

Mercury has a sizable, actively funded development pipeline that can support long-term generation growth and energy-transition demand. The PKH commitment, geothermal drilling program, and reinvestment of $710m demonstrate execution capacity and continued asset expansion.

Manageable Leverage And Liquidity

A manageable leverage position and substantial liquidity give Mercury flexibility to fund renewable projects while retaining resilience through operating variability. Even with forecast growth investment, management expects leverage to peak around 2.6x before declining, supporting financial stability.

Bears Say

Revenue Softness And Earnings Volatility

The sharp profit recovery has not yet translated into consistent top-line growth, and historical margin swings show that earnings remain sensitive to operating conditions. Revenue softness and uneven profitability make the durability of the rebound less certain over the medium term.

Thin And Inconsistent Free Cash Flow

Weak free cash flow conversion reduces the cash available for debt reduction, dividends, and internally funded growth. Although operating cash flow was solid, uneven free cash flow and heavy reinvestment increase reliance on disciplined capital allocation and could constrain flexibility if earnings weaken.

Hydrology And Project Delivery Exposure

Mercury’s generation and growth plans remain exposed to weather-driven hydrology, wholesale price effects, and infrastructure execution. Delayed approvals, project timing or transmission capacity could defer expected generation and demand benefits, making future EBITDAF targets harder to deliver.

Mercury NZ News

MCY FAQ

What was Mercury NZ’s price range in the past 12 months?
Mercury NZ lowest stock price was NZ$6.08 and its highest was NZ$7.16 in the past 12 months.
What is Mercury NZ’s market cap?
Mercury NZ’s market cap is NZ$9.57B.
When is Mercury NZ’s upcoming earnings report date?
Mercury NZ’s next earnings report is estimated for Feb 23, 2027 (not yet confirmed), which is in 103 days.
How were Mercury NZ’s earnings last quarter?
Mercury NZ released its earnings results on Aug 17, 2026. The company reported NZ$0.146 earnings per share for the quarter.
Is Mercury NZ overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Mercury NZ pay dividends?
Mercury NZ pays a dividend of NZ$0.2 which represents an annual dividend yield of 4.77%. See more information on Mercury NZ dividends here
What is Mercury NZ’s EPS estimate?
Mercury NZ’s EPS estimate is 0.16.
How many shares outstanding does Mercury NZ have?
Mercury NZ has 1,436,932,700 shares outstanding.
What happened to Mercury NZ’s price movement after its last earnings report?
Mercury NZ reported an EPS of NZ$0.146 in its last earnings report. Following the earnings report the stock price went up 2.561%.
Which hedge fund is a major shareholder of Mercury NZ?
Currently, no hedge funds are holding shares in NZ:MCY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology