Meridian Energy Limited

MEL.NZ·NZSE·Utilities

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5.63+0.11 (+1.99%)today

At close: Oct 21, 4:59 PM NZDT · May be delayed up to 15 min · NZD

Key statistics

Previous close5.52

Open5.51

Day range5.465.63

52-week range5.166.04

Off day high0.00%

Off 52-week high−6.79%

Volume835.63K

Avg. volume (3M)1.56M

Market cap14.96B

EPS (TTM)0.0500

Forward P/E31.40

P/E ratio (TTM)112.60

Dividend yield4.08% (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	14.96B	9.24B	9.58B	16.63B	9.71B	5.37B
P/E (TTM)	112.6	20.8	29.0	6.1	113.8	42.8
Forward P/E	31.4	20.5	19.3	8.1	18.1	34.0
Price/book	1.5	1.7	1.8	0.8	4.5	2.1
Dividend yield	4.08%	4.64%	4.06%	2.14%	—	0.55%
1-year change	−7.69%	−8.68%	+0.91%	−8.15%	+108.65%	−16.14%
Today	+1.99%	−1.04%	+0.30%	+1.39%	+2.08%	+0.77%

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	9.24B	8.54	−1.04%
Mercury NZ LimitedMCY.NZ · Utilities - Renewable	9.58B	6.67	+0.30%
TAURON Polska Energia S.A.TPE.WA · Utilities - Renewable	16.63B	9.49	+1.39%
Enlight Renewable Energy LtdENLT · Utilities - Renewable	9.71B	69.44	+2.08%
Ormat Technologies, Inc.ORA · Utilities - Renewable	5.37B	87.31	+0.77%
Drax Group plcD9F2.F · Utilities - Renewable	3.18B	9.45	+3.56%
S.P.E.E.H. Hidroelectrica S.A.H2O.RO · Utilities - Renewable	81.23B	180.60	−0.22%
ReNew Energy Global PlcRNW · Utilities - Renewable	2.50B	6.87	−0.15%

Other companies in Utilities - Renewable, closest in size first.

Company	Mkt cap	Price	Today
Brookfield Renewable Partners L.P.BEP · Toronto, ON	13.73B	28.23	+0.28%
Scatec ASASCATC.OL · Oslo, Norway	15.95B	99.80	+0.96%
Public Power Corporation S.A.PPC.AT · Athens, Greece	13.33B	22.70	+0.89%
TAURON Polska Energia S.A.TPE.WA · Katowice, Poland	16.63B	9.49	+1.39%
EDP Renewables, S.A.EDPR.LS · Madrid, Spain	12.70B	11.98	+0.25%
Alupar Investimento S.A.ALUP11.SA · São Paulo, SP	18.31B	38.49	−0.03%
Doral Group Renewable Energy Resources LtdDORL.TA · Ramat Gan, Israel	11.08B	4,912.00	+0.66%
Energix - Renewable Energies Ltd.ENRG.TA · Ramat Gan, Israel	11.39B	1,965.00	+2.18%

Utilities companies of a similar market value (14.80B).

Company	Mkt cap	Price	Today
Emera IncorporatedEMA · Utilities - Regulated Electric	14.52B	47.28	+1.50%
Power Assets Holdings LimitedHEH.F · Utilities - Independent Power Producers	14.49B	6.80	0.00%
Transmissora Aliança de Energia Elétrica S.A.TAEE3.SA · Utilities - Regulated Electric	15.40B	14.90	+2.26%
APA GroupAPA.AX · Utilities - Regulated Gas	15.42B	11.57	+0.96%
Rede Energia Participações S.A.REDE3.SA · Utilities - Regulated Electric	14.07B	5.48	+0.18%
Companhia de Saneamento do Paraná - SANEPARSAPR3.SA · Utilities - Regulated Water	13.78B	9.12	0.00%
Brookfield Renewable Partners L.P.BEP · Utilities - Renewable	13.73B	28.23	+0.28%
Nebras Energy Q.P.S.C.QEWS.QA · Utilities - Diversified	13.50B	12.27	−1.68%

Also based in Wellington, New Zealand, then elsewhere in New Zealand.

Company	Mkt cap	Price	Today
Infratil LimitedIFT.NZ · Wellington, New Zealand	12.42B	12.39	+2.40%
Xero LimitedXRO.AX · Wellington, New Zealand	11.35B	64.42	+5.02%
Contact Energy LimitedCEN.NZ · Wellington, New Zealand	9.24B	8.54	−1.04%
Chorus LimitedCNU.NZ · Wellington, New Zealand	3.45B	7.95	+0.63%
Summerset Group Holdings LimitedSUM.NZ · Wellington, New Zealand	1.62B	6.85	+0.74%
New Zealand Rural Land Company LimitedNZL.NZ · Wellington, New Zealand	134.04M	0.9150	−2.14%
Fisher & Paykel Healthcare Corporation LimitedFPH.NZ · Auckland, New Zealand	29.08B	49.43	+0.69%
Auckland International Airport LimitedAIA.NZ · Manukau, New Zealand	14.01B	8.22	+0.37%

Companies that serve the same markets: retail, energy, industrial, insurance.

Company	Mkt cap	Price	Today
Com7 Public Company LimitedCOM7.BK · insurance · energy · retail	78.98B	33.50	+0.76%
Galp Energia, SGPS, S.A.0B67.IL · insurance · energy · retail	17.74B	22.54	+0.67%
Sembcorp Industries LtdU96.SI · insurance · energy · industrial	10.72B	6.02	+0.33%
Hotai Motor Co.,Ltd.2207.TW · insurance · energy · retail	293.04B	526.00	−1.13%
MarineMax, Inc.HZO · insurance · retail · industrial	1.16B	52.36	+0.67%
OFG BancorpOFG · insurance · energy · retail	2.24B	52.95	+1.46%
AB Volvo (publ)VOLV-B.ST · insurance · energy · industrial	651.31B	320.30	−0.06%
Suncorp Group LimitedSUN.AX · insurance · retail · industrial	21.13B	19.93	+0.30%

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	9.58B	6.67	+0.30%
Genesis Energy LimitedGNE.NZ · Correlation 0.31	3.06B	2.3200	−2.52%

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

Company	Mkt cap	Price	Today
Contact Energy Limited OrdinaryCEN.NZ	9.24B	8.54	−1.04%
Mercury NZ Limited Ordinary ShaMCY.NZ	9.58B	6.67	+0.30%
Genesis Energy Limited OrdinaryGNE.NZ	3.06B	2.3200	−2.52%
Spark New Zealand Limited OrdinSPK.NZ	3.59B	1.8950	+2.16%
Fisher & Paykel Healthcare CorpFPH.NZ	29.08B	49.43	+0.69%

From the 4Search 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 20 min.

Latest news

All MEL.NZ news ›

Seeking Alpha·1d ago

Meridian Energy Limited (MDDNF) Shareholder/Analyst Call - Slideshow

(OTCMKTS:MDDNF) 2026-10-20 Seeking Alpha The following slide deck was published by Meridian Energy Limited in conjunction with this event.

Scrolla.Africa·Oct 13

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.

In the news

2mentions in 30 days

2with it in the headline

Positivesentiment

Most coverage from

seekingalpha.com2

Finance and business coverage in the 4Search news index: articles that name it in the headline, or in the text beside its ticker. Sentiment is the index's own reading of the latest 2 articles, not a forecast.

About

Profile ›

Meridian Energy Limited is a New Zealand electricity generator and retailer. The company generates the largest proportion of New Zealand's electricity, generating 35 percent of the country's electricity in the year ending December 2014, and is the fourth largest retailer, with 14 percent of market share in terms of customers as of December 2015.

From Wikipedia, CC BY-SA 4.0

SectorUtilities

IndustryUtilities - Renewable

Chief executiveMichael Roan

HeadquartersWellington, New Zealand

Websitemeridianenergy.co.nz

Analyst ratings

Analysis ›

Buy5 analysts

Strong buy 1
Buy 2
Hold 2
Sell 0
Strong sell 0

12-month price target6.23+10.62%

Low 5.80Current 5.63High 6.70

Wall Street analyst consensus. Not a recommendation.

Earnings

Reported EPS
Estimate

Next report: Wed, Aug 26, 2026

Quarterly results

Financials ›

Revenue
Net income

Prices may be delayed up to 15 min. Not investment advice.

Track record

Leaderboard ›

Days on the list	30 d	1 yr	Best
Trending	0	0	—

Not eligible for Gainers, Losers, Most active (U.S. stocks worth $2 billion or more only).

Not eligible for Small-cap gainers, Aggressive small caps (U.S. stocks worth under $2 billion only).

Not eligible for Growth tech (U.S. technology stocks only).

Not eligible for Undervalued large caps (U.S. stocks worth $10 billion or more only).

A day counts when it ranked in the top 25 of a list. Tracked since Oct 10, 2026.

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 4Search index. Terms of use.