Meridian Energy Limited

MEL.NZ·NZSE·Utilities
Compare
5.51−0.08 (−1.43%)today
At close: Oct 19, 4:59 PM NZDT · May be delayed up to 15 min · NZD

Prices may be delayed up to 15 min. Not investment advice. News volume: articles in the 4Search index each day.

Key statistics

Previous close5.59
Open5.51
Day range5.445.59
52-week range5.166.04
Off day high−1.43%
Off 52-week high−8.77%
Volume802.74K
Avg. volume (3M)1.54M
Market cap14.64B
EPS (TTM)0.0500
Forward P/E34.53
P/E ratio (TTM)110.20
Dividend yield4.03% (0.2300)
Beta (5Y)0.44
Shares outstanding2.66B
Short interest—
Earnings dateAug 26, 2026
Analyst target6.23
Profit margin3.35%

Against its peers

Compare in full ›
MEL.NZ CEN.NZ MCY.NZ TPE.WA ENLT ORA
Market cap 14.64B 9.26B 9.63B 15.81B 9.53B 5.30B
P/E (TTM) 110.2 20.9 29.1 5.6 111.6 42.2
Forward P/E 34.5 20.6 19.4 7.7 17.8 33.6
Price/book 1.5 1.8 1.8 0.7 4.4 2.0
Dividend yield 4.03% 4.64% 4.03% 2.15% — 0.54%
1-year change −5.16% −6.34% +0.75% −0.94% +105.18% −18.70%
Today −1.43% −0.58% 0.00% −3.14% −2.27% −3.54%

The closest companies by business and industry (Utilities - Renewable). Prices may be delayed up to 15 min.

Related companies

Compare ›

The businesses closest to Meridian Energy's by what they do, from their descriptions, with the same industry weighted in.

Company Mkt cap Price Today
Contact Energy LimitedCEN.NZ · Utilities - Renewable 9.26B 8.57 −0.58%
Mercury NZ LimitedMCY.NZ · Utilities - Renewable 9.63B 6.70 0.00%
TAURON Polska Energia S.A.TPE.WA · Utilities - Renewable 15.81B 9.02 −3.14%
Enlight Renewable Energy LtdENLT · Utilities - Renewable 9.53B 68.10 −2.27%
Ormat Technologies, Inc.ORA · Utilities - Renewable 5.30B 86.15 −3.54%
Drax Group plcD9F2.F · Utilities - Renewable 3.08B 9.14 −4.09%
S.P.E.E.H. Hidroelectrica S.A.H2O.RO · Utilities - Renewable 82.22B 182.80 −0.11%
ReNew Energy Global PlcRNW · Utilities - Renewable 2.51B 6.89 +0.07%

The stocks whose daily moves over the past year went most closely with Meridian Energy's: the correlation of their daily returns, where 1 would be moving as one.

Company Mkt cap Price Today
Mercury NZ LimitedMCY.NZ · Correlation 0.37 9.63B 6.70 0.00%
Genesis Energy LimitedGNE.NZ · Correlation 0.31 3.14B 2.3800 −0.83%

What visitors to Meridian Energy's page also look at.

Company Mkt cap Price Today
Contact Energy Limited OrdinaryCEN.NZ 9.26B 8.57 −0.58%
Mercury NZ Limited Ordinary ShaMCY.NZ 9.63B 6.70 0.00%
Genesis Energy Limited OrdinaryGNE.NZ 3.14B 2.3800 −0.83%
Spark New Zealand Limited OrdinSPK.NZ 3.55B 1.8750 −0.79%
Fisher & Paykel Healthcare CorpFPH.NZ 28.70B 48.79 +0.37%

From the 4Conservative instruments index: what each company does (its business description), its industry, size, headquarters and the markets it serves; and from a year of daily prices, which move together. Prices may be delayed up to 15 min.

Latest news

All MEL.NZ news ›
Scrolla.Africa·

Tick tock for non-profit groups as old system shuts off Thursday

Non-profit organisations registered with the Department of Social Development have until Thursday, 15 October, to move to the department’s new online system. After that, the old system will not process anything. Through the new system,…

From articles in the 4Search news index.

Market data is provided for information only and comes from free public sources. Prices may be delayed up to 15 minutes; data may be incomplete or inaccurate. Nothing on this page is investment advice or a recommendation to buy or sell any security. News and coverage analytics are drawn from the 4Conservative index. Terms of use.