Meridian Energy Limited (NZ:MEL)
:MEL
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MEL Stock Chart & Stats
$5.59
-$0.03(-0.53%)
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Day’s Range― - ―
52-Week Range$5.30 - $6.05
Previous CloseN/A
VolumeN/A
Average Volume (3M)1.18M
Market Cap
$14.81B
Enterprise Value$16.46B
Total Cash (Recent Filing)$182.93M
Total Debt (Recent Filing)$1.89B
Price to Earnings (P/E)18.2
Beta0.94
Next Earnings
Sep 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.05
Shares Outstanding2,648,597,400
10 Day Avg. Volume1,207,529
30 Day Avg. Volume1,184,869
Financial Highlights & Ratios
PEG Ratio0.16
Price to Book (P/B)1.64
Price to Sales (P/S)3.06
P/FCF Ratio109.38
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.14
Revenue Forecast (FY)$3.93B
Meridian Energy Limited News
MEL FAQ
What was Meridian Energy Limited’s price range in the past 12 months?
Meridian Energy Limited lowest stock price was $5.29 and its highest was $6.05 in the past 12 months.
What is Meridian Energy Limited’s market cap?
Meridian Energy Limited’s market cap is $14.81B.
When is Meridian Energy Limited’s upcoming earnings report date?
Meridian Energy Limited’s upcoming earnings report date is Sep 02, 2026 which is in 126 days.
How were Meridian Energy Limited’s earnings last quarter?
Meridian Energy Limited released its earnings results on Feb 25, 2026. The company reported $0.054 earnings per share for the quarter, missing the consensus estimate of $0.056 by -$0.002.
Is Meridian Energy Limited overvalued?
According to Wall Street analysts Meridian Energy Limited’s price is currently Undervalued.
Does Meridian Energy Limited pay dividends?
Meridian Energy Limited does not currently pay dividends.
What is Meridian Energy Limited’s EPS estimate?
Meridian Energy Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Meridian Energy Limited have?
Meridian Energy Limited has 2,648,597,400 shares outstanding.
What happened to Meridian Energy Limited’s price movement after its last earnings report?
Meridian Energy Limited reported an EPS of $0.054 in its last earnings report, missing expectations of $0.056. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Meridian Energy Limited?
Currently, no hedge funds are holding shares in NZ:MEL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Meridian Energy Limited
Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. It generates electricity through wind farms, hydro power stations, and solar farms. The company also provides management, insurance, financing, professional, trustee, and software development services; and licenses Flux developed electricity and gas retailing platform, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands. The company was formerly known as Hydro Energy Limited and changed its name to Meridian Energy Limited in March 1999. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand. Meridian Energy Limited Operates as subsidiary of New Zealand Government
MEL Company Deck
MEL Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a broadly positive operating and financial performance in H1 FY26: strong operating cash flow, a large uplift in EBITDAF, improved underlying NPAT, reduced net-debt leverage, resumed dividend progression and a substantial near-term growth pipeline. These positives are tempered by meaningful challenges — notably regulated transmission/distribution cost increases driving customer bill inflation, significant spill losses during an exceptionally wet period, some project delays and consenting friction (Te Rere Hau), transitional platform costs, and uncertainty around battery economics and potential sector oversupply. On balance the company demonstrates robust financial health and an actionable growth plan while acknowledging operational and regulatory headwinds.View all NZ:MEL earnings summaries