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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
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How major US stock indexes fared Thursday, 4/18/2024
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Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
The "Smart Money" Is Ready for May 1st Are You? (Ad)
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
He Is Giving Away Bitcoin (Ad)
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
The Best AI Stock to Own in the World Today is Trading for Just $25 (Ad)
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
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ASX:MEZ

Meridian Energy (MEZ) Stock Price, News & Analysis

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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
2.95%
Price Target
N/A
Stock Analysis
Stock Analysis
MEZ stock logo

About Meridian Energy Stock (ASX:MEZ)

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. 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 grid-scale solar array, 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. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.

MEZ Stock News Headlines

April 17, 2024 | marketwatch.com
Meridian Expects to Complete North Dakota Refinery Construction in Late 2026 -- OPIS
April 17, 2024 | finance.yahoo.com
Nikkei Falls 1.3%, Dragged by Financial, Chip-Related Stocks
April 19, 2024 | Gold Safe Exchange (Ad)
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
April 12, 2024 | msn.com
Is work on Meridian Market & Gas about to begin? Plus other updates on Lacey projects
April 8, 2024 | finance.yahoo.com
Meridian Energy Limited (MEL.NZ)
April 6, 2024 | finance.yahoo.com
Meridian Energy Limited's (NZSE:MEL) top owners are state or government with 51% stake, while 36% is held by individual investors
March 26, 2024 | finance.yahoo.com
New Zealand Shares Lose 0.3% Amid Large-Cap Pullback
March 17, 2024 | finance.yahoo.com
Pulling back 6.8% this week, Meridian Energy's NZSE:MEL) five-year decline in earnings may be coming into investors focus
April 19, 2024 | Gold Safe Exchange (Ad)
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
March 13, 2024 | msn.com
Meridian Energy buys electric hydro-foiling ferry for employees' daily commute
March 9, 2024 | msn.com
Meridian man pleads guilty to causing over $500K in damage to Idaho energy facilities
February 29, 2024 | finance.yahoo.com
Meridian Energy Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
February 27, 2024 | msn.com
Meridian Energy reports lower half-year profit, increased operating earnings
February 15, 2024 | finance.yahoo.com
Meridian Energy's (NZSE:MEL) Returns On Capital Not Reflecting Well On The Business
January 29, 2024 | finance.yahoo.com
Does Meridian Energy Limited's (NZSE:MEL) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
January 23, 2024 | wsj.com
Meridian Energy Ltd.
December 27, 2023 | finance.yahoo.com
New Zealand Shares End 0.4% Higher
December 22, 2023 | finance.yahoo.com
New Zealand Shares Rise 0.1%, Stretch Run of Weekly Gains
December 19, 2023 | finance.yahoo.com
Nikkei Closes 1.4% Higher on Weak Yen
December 18, 2023 | cnn.com
The viral Meridian trimmer is on sale at Amazon today
December 17, 2023 | finance.yahoo.com
New Zealand Shares Rally to Edge 0.1% Higher
November 30, 2023 | finance.yahoo.com
Nikkei Rises 0.5%, Boosted by Gains in U.S. Stock-Index Futures
November 24, 2023 | finance.yahoo.com
New Zealand Shares Close 0.2% Higher
November 20, 2023 | finance.yahoo.com
New Zealand Shares Lose 0.4% Amid Utility, Dairy Weakness
November 20, 2023 | finance.yahoo.com
Nikkei Falls in Possible Profit-Taking After Hitting 33-Year High
November 10, 2023 | finance.yahoo.com
Meridian Energy Limited (NZSE:MEL) Shares Could Be 42% Below Their Intrinsic Value Estimate
October 30, 2023 | finance.yahoo.com
Dow Jumps Nearly 300 Points as U.S. Stocks Rebound After Turbulent Week
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Company Calendar

Ex-Dividend for 3/25 Dividend
3/07/2024
Dividend Payable
3/25/2024
Today
4/19/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
ASX
Sector
Utilities
Industry
Utilities - Renewable
Sub-Industry
N/A
Current Symbol
ASX:MEZ
CUSIP
N/A
CIK
N/A
Web
www.meridianenergy.co.nz
Phone
64 4 381 1200
Fax
N/A
Employees
878
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
A$0.04
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
2.62
Net Income
$85 million
Net Margins
2.20%
Pretax Margin
N/A
Return on Equity
1.43%
Return on Assets
1.05%

Debt

Debt-to-Equity Ratio
24.16
Current Ratio
0.94
Quick Ratio
1.10

Sales & Book Value

Annual Sales
$3.86 billion
Price / Sales
0.00
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
A$2.28 per share
Price / Book
N/A

Miscellaneous

Outstanding Shares
2,590,000,000
Free Float
N/A
Market Cap
N/A
Optionable
Not Optionable
Beta
0.72
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Key Executives

  • Mr. Neal Barclay BCA
    CA (NZICA), Chief Executive Officer
  • Mr. Mike Roan
    CFO and GM of Finance & Strategy
  • Mr. Bharat Ratanpal
    Chief Information Officer
  • Owen Hackston
    Investor Relations Manager
  • Mr. Jason Woolley
    General Counsel & Company Secretary
  • Philip Clark
    Head of Communications
  • Mr. Jason Stein BCA
    LLB, Chief People Officer, CEO of Meridian Energy Australia Pty Limited & Powershop Australia Pty Limited
  • Ms. Claire Shaw
    General Manager of Corporate Affairs & Sustainability
  • Ms. Lisa Hannifin
    Chief Customer Officer
  • Mr. Rory Blundell
    Group Strategy Manager

Key Competitors

View All Competitors

Insiders


MEZ Stock Analysis - 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 Thursday, March 7th. Stockholders of record on Monday, March 25th will be given a dividend of 0.056 per share on Monday, March 25th. This represents a dividend yield of 1.04%. The ex-dividend date is Thursday, March 7th. This is a boost from the stock's previous Interim dividend of A$0.05.
Read our dividend analysis for MEZ.

Is Meridian Energy a good dividend stock?

Meridian Energy (ASX:MEZ) pays an annual dividend of A$0.16 per share and currently has a dividend yield of 2.95%. The dividend payout ratio is 400.00%. 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), BHP Group (BHP) and Franklin Resources (BEN).

This page (ASX:MEZ) was last updated on 4/19/2024 by MarketBeat.com Staff

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