Meridian Energy Limited (NZE:MEL)
New Zealand · Delayed Price · Currency is NZD | Market Cap | 14.65B -1.6% |
| Revenue (ttm) | 3.88B -19.7% |
| Net Income | 130.00M |
| EPS | 0.05 |
| Shares Out | 2.65B |
| PE Ratio | 112.05 |
| Forward PE | 37.42 |
| Dividend | 0.23 (4.05%) |
| Ex-Dividend Date | Sep 3, 2026 |
| Volume | 1,098,940 |
| Open | 5.53 |
| Previous Close | 5.53 |
| Day's Range | 5.43 - 5.56 |
| 52-Week Range | 5.16 - 6.05 |
| Beta | 0.46 |
| Analysts | Buy |
| Price Target | 6.26 (+12.59%) |
| Earnings Date | Aug 25, 2026 |
About Meridian Energy
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 formerl... [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 $6.26, which is an increase of 12.59% from the latest price.
News
Meridian Energy confident hydro lake levels will stay strong this summer despite El Niño
Meridian says renewable generation met record peak demand in August.
Meridian Energy Earnings Call Transcript: H2 2026
Record financial turnaround in FY 2026 with EBITDAF up 16% year-over-year and strong cash flows. Guidance for FY 2027 EBITDAF is NZD 1.04–1.12 billion, with major investments in renewables and customer growth. Dividend increased 7.1% and net debt/EBITDA improved to 1.6x.
Meridian Energy Slides: H2 2026
Meridian Energy has posted slides in relation to its H2 2026 quarterly earnings report, which was published on August 25, 2026.
Meridian Energy Earnings release: H2 2026
Meridian Energy released its H2 2026 earnings on August 25, 2026, summarizing the period's financial results.
Meridian Energy Annual report: H2 2026
Meridian Energy has published its H2 2026 annual report on August 25, 2026.
Meridian Energy returns to $130m profit after drought-hit loss, promises to keep energy price increases below inflation in coming year
Meridian Energy has returned to profit after last year's $452m loss.
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.