Meridian Energy Limited MEL.NZ · Stock Open Meridian Energy Limited in new tab
Meridian Energy Limited Analysis (MEL.NZ)
Is Meridian Energy Limited a good investment? Meridian Energy Limited (MEL.NZ) is currently trading at 5.40 NZD. Market analysts have a consensus price target of 6.20 NZD. This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 109.00. This high multiple suggests investors have priced in significant future growth expectations.
Earnings Schedule: Meridian Energy Limited is expected to release its next earnings report on March 2, 2027. The market consensus estimate for Forward EPS is 0.16.
For income investors, Meridian Energy Limited pays a dividend yield of 4.10%. With a payout ratio of 434%, the dividend appears to be under pressure.
Investor FAQ
Does Meridian Energy Limited pay a dividend?
Yes, it pays an annual dividend of 0.23 NZD (4.10% yield).
What asset class is Meridian Energy Limited?
Meridian Energy Limited is classified as a Stock. You can compare it against 3 other assets in the "Related Symbols" list on this page.
When is the next earnings date?
The next earnings date is projected to be March 2, 2027. The company currently has a trailing EPS of 0.05.
Company Profile
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.
| Year | Total Dividends |
|---|---|
| ▸2027 |
0.28 NZD
|
| Sept. 22, 2027 (estimated) | 0.2131 |
| March 26, 2027 (estimated) | 0.0656 |
| ▸2026 |
0.25 NZD
|
| Sept. 22, 2026 | 0.1866 |
| March 24, 2026 | 0.0640 |
| ▸2025 |
0.24 NZD
|
| Sept. 23, 2025 | 0.1676 |
| March 25, 2025 | 0.0707 |
| ▸2024 |
0.24 NZD
|
| Sept. 20, 2024 | 0.1695 |
| March 26, 2024 | 0.0702 |
| ▸2023 |
0.20 NZD
|
| Sept. 22, 2023 | 0.1358 |
| March 23, 2023 | 0.0685 |
| ▸2022 |
0.19 NZD
|
| Sept. 23, 2022 | 0.1310 |
| April 8, 2022 | 0.0585 |
| ▸2021 |
0.17 NZD
|
| Oct. 15, 2021 | 0.1120 |
| April 16, 2021 | 0.0570 |
| ▸2020 |
0.19 NZD
|
| Oct. 16, 2020 | 0.1120 |
| April 16, 2020 | 0.0814 |
| ▸2019 |
0.16 NZD
|
| Oct. 16, 2019 | 0.1072 |
| April 17, 2019 | 0.0570 |
| ▸2018 |
0.11 NZD
|
| Oct. 17, 2018 | 0.0894 |
| April 17, 2018 | 0.0244 |
| ▸2017 |
0.14 NZD
|
| Oct. 17, 2017 | 0.0870 |
| April 13, 2017 | 0.0533 |
| ▸2016 |
0.08 NZD
|
| Sept. 28, 2016 | 0.0244 |
| March 29, 2016 | 0.0510 |
| ▸2015 |
0.05 NZD
|
| Sept. 27, 2015 | 0.0395 |
| March 26, 2015 | 0.0111 |
| ▸2014 |
0.09 NZD
|
| Sept. 25, 2014 | 0.0542 |
| March 26, 2014 | 0.0386 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Meridian Energy Limited | Sep 22, 2026 | Paid | 0.18657 NZD |
| Meridian Energy Limited | Mar 24, 2026 | Paid | 0.064 NZD |
| Split Date | Split Ratio to 1 |
|---|---|
| April 30, 2015 | 0.8 |
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