Meridian Energy Limited (NZE:MEL)
New Zealand · Delayed Price · Currency is NZD | Market Cap | 14.70B +0.4% |
| Revenue (ttm) | 4.59B -8.2% |
| Net Income | -104.00M |
| EPS | -0.04 |
| Shares Out | 2.65B |
| PE Ratio | n/a |
| Forward PE | 29.82 |
| Dividend | 0.21 (3.80%) |
| Ex-Dividend Date | Mar 5, 2026 |
| Volume | 817,140 |
| Open | 5.54 |
| Previous Close | 5.52 |
| Day's Range | 5.47 - 5.56 |
| 52-Week Range | 5.30 - 6.05 |
| Beta | 0.46 |
| Analysts | Buy |
| Price Target | 6.36 (+14.6%) |
| Earnings Date | Aug 25, 2026 |
About Meridian Energy
Meridian Energy Limited engages in the generation and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. The company generates electricity through 7 hydro stations; 8 wind farms; and 100MW battery energy storage system, as well as grid-scale solar array. It sells electricity under the Meridian Energy and Powershop brands. It also offers solar installation, software development, professional, and insurance services. The company was formerly known as Hydro Energy Limited.... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for MEL stock is "Buy." The 12-month stock price target is $6.36, which is an increase of 14.60% from the latest price.
News
Meridian Energy Retail Sales Volume Rises In June, Q4
(RTTNews) - Meridian Energy Limited (MEZ.AX, MDDNF, MEL.NZ) reported Thursday higher retail sales volume in the month of June and in the fourth quarter.
Meridian Energy Earnings Call Transcript: H1 2026
First-half results showed strong growth in cash flow and EBITDAF, driven by record renewable generation and customer expansion. Major investments in solar and wind are underway, with a focus on affordability and maintaining a robust balance sheet.
Meridian Energy Quarterly report: H1 2026
Meridian Energy has published its H1 2026 quarterly earnings report on February 24, 2026.
Meridian Energy Slides: H1 2026
Meridian Energy has posted slides in relation to its H1 2026 quarterly earnings report, which was published on February 24, 2026.
Meridian Energy Earnings release: H1 2026
Meridian Energy released its H1 2026 earnings on February 24, 2026, summarizing the period's financial results.
Meridian Energy Slides: Investor Presentation
Meridian Energy has posted slides in relation to its latest quarterly earnings report, which was published on November 23, 2025.
Meridian Energy Transcript: Investor Day 2025
The business is accelerating renewable development, digital transformation, and customer growth, with a robust pipeline of wind, solar, and hydro projects to meet rising demand and support decarbonization. Regulatory reviews affirm market strength, while new fast track consenting and digital initiatives aim to boost efficiency and resilience.
Meridian Energy Slides: FY 2025
Meridian Energy has posted slides in relation to its FY 2025 quarterly earnings report, which was published on November 19, 2025.
Meridian Energy Transcript: AGM 2025
The meeting reviewed a challenging financial year marked by droughts, low hydro inflows, and gas shortages, resulting in a net loss but continued investment and stable dividends. Strategic initiatives focused on renewable expansion, retail transformation, and customer-centric products, while all four directors up for re-election were put to a vote.
Meridian Energy Slides: FY 2025
Meridian Energy has posted slides in relation to its FY 2025 quarterly earnings report, which was published on October 20, 2025.
Meridian Energy Slides: Investor presentation
Meridian Energy has posted slides in relation to its latest quarterly earnings report, which was published on October 13, 2025.
Meridian Energy Earnings Call Transcript: H2 2025
Two record droughts and gas shortages led to the lowest earnings in a decade, with EBITDA down 32% and a statutory loss of NZD 452 million. Despite this, customer supply and dividends were maintained, major renewables were delivered, and the business remains focused on growth and digital transformation.
Meridian Energy Slides: H2 2025
Meridian Energy has posted slides in relation to its H2 2025 quarterly earnings report, which was published on August 25, 2025.
Meridian Energy Annual report: H2 2025
Meridian Energy has published its H2 2025 annual report on August 25, 2025.
Meridian Energy Earnings release: H2 2025
Meridian Energy released its H2 2025 earnings on August 25, 2025, summarizing the period's financial results.