ASX:MEZ

Meridian Energy (MEZ) Stock Forecast, Price & News

Today's Range: N/A
50-Day Range: N/A
52-Week Range: N/A

Volume: 15,452 shs
Average Volume: N/A
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 3.02%
Price Target: N/A

Profile Chart Competitors Dividend Insider Trades Headlines

About Meridian Energy (ASX:MEZ) Stock

Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. As of June 30, 2022, it generates electricity through 7 hydro stations that has a capacity of 2,353 MW; 5 wind farms that has a capacity of 416 MW; and solar farms. The company also provides management, insurance, financing, professional, trustee, and software development services; and licenses Flux developed electricity and gas retailing platform, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands. The company was formerly known as Hydro Energy Limited and changed its name to Meridian Energy Limited in March 1999. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.

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MEZ Stock News Headlines

May 26, 2023 | news.yahoo.com

This candidate petitioned to shutter Meridian libraries. Now he wants to be a trustee

May 22, 2023 | msn.com

15th anniversary of Meridian Way Wind Farm celebrated as success continues

June 1, 2023 | Behind the Markets (Ad)

"Unknown laser company making HUGE profit from Russia-Ukraine War"

On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>

May 20, 2023 | msn.com

Meridian to host town hall meeting May 23

May 5, 2023 | news.yahoo.com

About 2,000 Consumer's Energy customers without power in Meridian Township

April 13, 2023 | finance.yahoo.com

Meridian Energy's (NZSE:MEL) investors will be pleased with their stellar 132% return over the last five years

March 23, 2023 | americanbankingnews.com

Julia Hoare Acquires 4,000 Shares of Meridian Energy Limited (ASX:MEZ) Stock

March 15, 2023 | finance.yahoo.com

Meridian Energy Limited (NZSE:MEL) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

June 1, 2023 | Legacy Research (Affiliate) (Ad)

“One-Stock Millionaire” IGNORES 99.9% of the Market

During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.

March 1, 2023 | finance.yahoo.com

Meridian Energy First Half 2023 Earnings: EPS: NZ$0.078 (vs NZ$0.056 in 1H 2022)

January 8, 2023 | finance.yahoo.com

Here's Why We Think Meridian Energy (NZSE:MEL) Is Well Worth Watching

December 26, 2022 | reuters.com

Meridian Energy Ltd

December 14, 2022 | yahoo.com

Meridian, United States - Weather Forecasts | Maps | News - Yahoo Weather

December 10, 2022 | finance.yahoo.com

State or government account for 52% of Meridian Energy Limited's (NZSE:MEL) ownership, while individual investors account for 31%

November 28, 2022 | msn.com

Meridian Energy names its preferred partner for green hydrogen project

November 25, 2022 | finance.yahoo.com

Multiple insiders bought Meridian Energy Limited (NZSE:MEL) stock earlier this year, a positive sign for shareholders

November 10, 2022 | finance.yahoo.com

Are Investors Undervaluing Meridian Energy Limited (NZSE:MEL) By 46%?

October 27, 2022 | msn.com

Meridian Energy tees up solar, battery and wind projects to meet green energy goals

October 27, 2022 | finance.yahoo.com

Meridian Energy's (NZSE:MEL) five-year earnings growth trails the 16% YoY shareholder returns

October 17, 2022 | msn.com

Meridian focuses on a future powered by green hydrogen

October 11, 2022 | finance.yahoo.com

Shareholders Will Probably Hold Off On Increasing Meridian Energy Limited's (NZSE:MEL) CEO Compensation For The Time Being

October 10, 2022 | finance.yahoo.com

Returns At Meridian Energy (NZSE:MEL) Are On The Way Up

September 23, 2022 | finance.yahoo.com

Meridian Energy Limited's (NZSE:MEL) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

August 24, 2022 | finance.yahoo.com

Edited Transcript of MEL.NZ earnings conference call or presentation 23-Aug-22 11:00pm GMT

August 23, 2022 | msn.com

Meridian Energy posts steady full-year underlying profit

August 1, 2022 | finance.yahoo.com

Does Meridian Energy (NZSE:MEL) Deserve A Spot On Your Watchlist?

June 7, 2022 | msn.com

ASX Large Caps: Energy stocks rise today, but RBA may set the tone for rest of the week

See More Headlines

MEZ Company Calendar

Ex-Dividend for 3/22 Dividend: 3/06/2023
Dividend Payable: 3/22/2023
Today: 6/01/2023

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Industry, Sector and Symbol

Stock Exchange: ASX
Industry: Utilities - Independent Power Producers
Sub-Industry: N/A
Sector: Utilities
Current Symbol: ASX:MEZ
CUSIP: N/A
CIK: N/A
Web: www.meridianenergy.co.nz
Phone: 64 4 381 1200
Fax: N/A
Employees: 1,001
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): A$0.19
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: 33.58
Net Income: $507 million
Net Margins: 20.56%
Pretax Margin: N/A
Return on Equity: 9.13%
Return on Assets: 4.20%

Debt

Debt-to-Equity Ratio: 19.20
Current Ratio: 1.37
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $3.56 billion
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: A$2.32 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 2,580,000,000
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: 0.63

Key Executives

Mr. Neal Barclay BCA
CA (NZICA), Chief Exec. Officer

Mr. Mike Roan
CFO and GM of Fin. & Strategy

Mr. Bharat Ratanpal
Chief Information Officer

Owen Hackston
Investor Relations Mang.

Mr. Jason Stein BCA
LLB, Chief People Officer, CEO of Meridian Energy Australia Pty Limited & Powershop Australia Pty Limited

Mr. Jason Woolley
Gen. Counsel & Company Sec.

Rheilli Uluilelata
External Communications Mang.

Ms. Claire Shaw
Gen. Mang. of Corp. Affairs & Sustainability

Ms. Lisa Hannifin
Chief Customer Officer

Ms. Nic Kennedy
Chief Exec. Officer of Flux Federation Limited

Key Competitors

View All Competitors

Insiders

Julia Hoare
Bought 4,000 shares on 3/16/2023
Total: $20,200.00 ($5.05/share)

View All Insider Transactions

MEZ Stock - Frequently Asked Questions

How often does Meridian Energy pay dividends? What is the dividend yield for Meridian Energy?: Meridian Energy declared a Interim dividend on Monday, March 6th. Stockholders of record on Wednesday, March 22nd will be given a dividend of 0.053 per share on Wednesday, March 22nd. This represents a dividend yield of 1.08%. The ex-dividend date of this dividend is Monday, March 6th.
Read our dividend analysis for MEZ.
Is Meridian Energy a good dividend stock?: Meridian Energy (ASX:MEZ) pays an annual dividend of A$0.15 per share and currently has a dividend yield of 3.02%. The dividend payout ratio is 78.95%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for MEZ.
What other stocks do shareholders of Meridian Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Meridian Energy investors own include Genesis Energy (GEL), NetApp (NTAP), The Carlyle Group (CG), Contact Energy (CEN), Blackstone (BX), Berkshire Hathaway (BRK.B), BP (BP), Franklin Resources (BEN).

What is Meridian Energy's stock symbol?: Meridian Energy trades on the ASX under the ticker symbol "MEZ."
How much money does Meridian Energy make?: Meridian Energy (ASX:MEZ) has a market capitalization of $0.00 and generates $3.56 billion in revenue each year. The company earns $507 million in net income (profit) each year or A$0.19 on an earnings per share basis.
How many employees does Meridian Energy have?: The company employs 1,001 workers across the globe.
How can I contact Meridian Energy?: The official website for the company is www.meridianenergy.co.nz. The company can be reached via phone at 64 4 381 1200.

This page (ASX:MEZ) was last updated on 6/1/2023 by MarketBeat.com Staff

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