ASX:MEZ

Meridian Energy Stock Forecast, Price & News

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Today's Range N/A

50-Day Range N/A

52-Week Range N/A

Volume15,452 shs

Average VolumeN/A

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield3.04%

BetaN/A

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About Meridian Energy

Meridian Energy Limited engages in the generation, trading, and retail of electricity and gas. The company generates electricity through hydro power stations and wind farms located in New Zealand and Australia; and a solar farm in Tongatapu, Tonga. It sells its electricity to residential, business, and industrial customers under the Meridian and Powershop brands. The company also provides management, insurance, financing, professional, trustee, and software development services, as well as licenses Flux developed electricity and gas retailing platform. In addition, it offers solar installation services. 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.

Here's What Meridian Energy Limited's (NZSE:MEL) Shareholder Ownership Structure Looks Like
July 27, 2021 | finance.yahoo.com

Green Energy: New Zealand stakes claim on ‘world’s largest’ green hydrogen label
July 22, 2021 | msn.com

Shareholders Of Meridian Energy (NZSE:MEL) Must Be Happy With Their 162% Total Return
June 26, 2021 | finance.yahoo.com

Telstra and Woolworths are leading a fresh charge towards wind power. But is it all just hot air?
June 15, 2021 | msn.com

The Meridian Energy (ASX:MEZ) share price is slipping today
June 14, 2021 | msn.com

Emission Control: Queensland bulks up fund to super-power renewables sector
June 10, 2021 | msn.com

Green Energy: More Australian renewables assets hit the market through ASX-listed Meridian
June 7, 2021 | msn.com

Meridian Energy Limited's (NZSE:MEL) Dismal Stock Performance Reflects Weak Fundamentals
May 27, 2021 | finance.yahoo.com

Why the Meridian Energy (ASX:MEZ) share price is sliding
May 18, 2021 | msn.com

A Look At The Intrinsic Value Of Meridian Energy Limited (NZSE:MEL)
April 27, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange ASX
Industry Utilities - Independent Power Producers
Sub-IndustryN/A
SectorUtilities
Current SymbolASX:MEZ
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.meridianenergy.co.nz
Phone64 4 381 1200
EmployeesN/A
Year FoundedN/A

Sales & Book Value

Annual Sales$3.49 billion
Price / Sales0.00
Cash FlowN/A
Price / Cash FlowN/A
Book ValueA$1.96 per share
Price / BookN/A

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding SharesN/A
Market CapN/A
Next Earnings DateN/A
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

0.83 out of 5 stars

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Meridian Energy.

3.3 Community Rank

Outperform Votes
Meridian Energy has received 14 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Meridian Energy has received 7 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Meridian Energy has received 66.67% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Meridian Energy and other stocks. Vote “Outperform” if you believe MEZ will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MEZ will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
Meridian Energy pays a meaningful dividend of 3.04%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Meridian Energy does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Meridian Energy is 192.31%. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Meridian Energy insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

Meridian Energy (ASX:MEZ) Frequently Asked Questions

What stocks does MarketBeat like better than Meridian Energy?

Wall Street analysts have given Meridian Energy a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Meridian Energy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

How often does Meridian Energy pay dividends? What is the dividend yield for Meridian Energy?

Meridian Energy declared a Interim dividend on Thursday, February 25th. Shareholders of record on Thursday, April 15th will be paid a dividend of 0.0516 per share on Thursday, April 15th. This represents a yield of 0.99%. The ex-dividend date is Monday, March 29th.
View Meridian Energy's dividend history.

Is Meridian Energy a good dividend stock?

Meridian Energy pays an annual dividend of A$0.15 per share and currently has a dividend yield of 3.04%. The dividend payout ratio of Meridian Energy is 192.31%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Meridian Energy's dividend history.

Who are Meridian Energy's key executives?

Meridian Energy's management team includes the following people:

Mr. Neal Barclay BCA, CA (NZICA), Chief Exec. Officer
Mr. Mike Roan, CFO and GM of Fin. & Strategy
Owen Hackston, Investor Relations Mang.
Mr. Jason Stein LLB, BCA, Chief Exec. of Meridian Energy Australia & Powershop Australia
Jason Woolley, Gen. Counsel & Company Sec.
Ms. Claire Shaw, Gen. Mang. of Corp. Affairs & Sustainability
Ms. Tania Jain Palmer, Chief People Officer
Ms. Lisa Hannifin, Chief Customer Officer
Ms. Nic Kennedy, Chief Exec. Officer Of Flux Federation
Mr. Rory Blundell, Group Strategy Mang.

Who are some of Meridian Energy's key competitors?

Some companies that are related to Meridian Energy include AGL Energy (AGLXY), AGL Energy (AGLNF), AGL Energy (AGL), CGE Energy (CGEI), Clean Energy Technologies (CETY), Contact Energy (CEN), Drax Group (DRXGY), Energy World (EWC), Far East Wind Power (FEWP), Genex Power (GNX), Infratil (IFT), Integrated Green Energy Solutions (IGE), Light (LGSXY), Mercury NZ (MCY) and New Energy Solar (NEW).
View all of MEZ's competitors.

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), The Blackstone Group (BX), Berkshire Hathaway (BRK.B), BP (BP), Baker Hughes (BKR), BHP Group (BHP) and 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 has a market capitalization of $0.00 and generates $3.49 billion in revenue each year.

How many employees does Meridian Energy have?

Meridian Energy employs 1,017 workers across the globe.

What is Meridian Energy's official website?

The official website for Meridian Energy is www.meridianenergy.co.nz.

How can I contact Meridian Energy?

The company can be reached via phone at 64 4 381 1200.

This page was last updated on 7/28/2021 by MarketBeat.com Staff

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Meridian Energy Stock Forecast, Price & News

About Meridian Energy

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

MarketRank™

Overall MarketRank™

0.0 Analyst's Opinion

Consensus Rating

3.3 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

0.8 Dividend Strength

Dividend Yield

Dividend Growth

Dividend Coverage