Mercury NZ stock trades 5.4 percent below its 52-week high

Published on 10/07/2026 at 03:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mercury NZ stock posted fiscal 2026 net income of NZD 321.0 million versus NZD 1.0 million a year earlier. The company guided to NZD 0.29 per share for fiscal 2027.

MCY, NZMRPE0001S2, Illustration mit AI erstellt.

Mercury NZ stock (ISIN NZMRPE0001S2) was trading at NZD 6.77 on the NZX on October 7, 2026 at 2:16 p.m. NZDT, down 0.88 percent from NZD 6.83. The Mercury investor center lists MCY on the New Zealand Stock Exchange and the Australian Stock Exchange.

Profit rebounds in fiscal 2026

Mercury's fiscal 2026 results, covering the year ended June 30, 2026, show a sharp earnings recovery. According to Simply Wall St, net income rose to NZD 321.0 million from NZD 1.0 million in fiscal 2025, while earnings per share increased to NZD 0.23 from NZD 0.001.

The improvement did not come from top-line growth. Revenue fell 7.8 percent to NZD 3.22 billion, and the net profit margin reached 10.0 percent from 0 percent in fiscal 2025, according to Simply Wall St.

Dividend guidance sets the tone

Mercury's fiscal 2027 dividend guidance is NZD 0.29 per share. MarketScreener reported the guidance on September 18, 2026, when Mercury said it expected to pay that amount for the year.

The income recovery is therefore paired with a distribution question. Simply Wall St lists a 119 percent payout ratio and says the dividend is not well covered by earnings or free cash flow, making cash generation a material counter-factor for the shareholder return story.

Target remains above the market

Five analysts listed by MarketScreener had an average price target of NZD 7.34, with an average recommendation of Accumulate. That target lies 8.4 percent above the NZD 6.77 market price, while the share was 5.4 percent below its 52-week high of NZD 7.16 on October 7, 2026.

Mercury NZ stock stays below its yearly high

Mercury NZ stock was trading at NZD 6.77 on the NZX on October 7, 2026 at 2:16 p.m. NZDT. The 52-week range was NZD 6.08 to NZD 7.16, the market capitalization was NZD 9.6 billion, and volume stood at 263,564 shares.