Meridian Energy Limited engages in the renewable electricity generation and retail business to residential, business, and industrial customers in New Zealand. The company generates electricity through 7 hydro power stations; 8 wind farms; and 100MW battery energy storage system, as well as solar array. It sells electricity under the Meridian and Powershop brands. It also offers EV charging solutions; and software development, professional, and insurance services, as well as act as a licence holder and non-trading entity. The company was formerly known as Hydro Energy Limited. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.
Frequently asked questions
What sector does Meridian Energy Ltd (MEL) operate in?
Meridian Energy Ltd belongs to the Utilities sector and operates in the Utilities - Renewable industry.
What is Meridian Energy Ltd (MEL) current stock price?
As of the latest data, Meridian Energy Ltd stock price is NZ$5.63, with a previous close of NZ$5.63.
What is Meridian Energy Ltd (MEL) current market capitalization?
Meridian Energy Ltd market cap is approximately 14.91 billion.
What is Meridian Energy Ltd (MEL) Earnings Per Share (EPS)?
The trailing EPS is NZ$0.05, and the forward EPS is NZ$0.19.
What is Meridian Energy Ltd (MEL) Price-to-Earnings (P/E) ratio?
Meridian Energy Ltd current P/E ratio is 112.6, with a forward P/E of 29.01.
Does Meridian Energy Ltd (MEL) pay dividends?
Yes. Meridian Energy Ltd pays semiannual dividends with an annualized yield of 5.72% and an estimated annual payout of NZ$0.32 per share.
When is the next ex-dividend date for Meridian Energy Ltd (MEL)?
The next ex-dividend date is scheduled for March 02, 2027.
When is Meridian Energy Ltd (MEL) next earnings report?
Meridian Energy Ltd is expected to release its next earnings report on December 31, 2026.
What is Meridian Energy Ltd (MEL) beta (volatility) score?
Meridian Energy Ltd has a beta of 0.459, indicating lower volatility than the overall market.
