52.81% over the past 365 days. The Company operates through three segments: Wholesale, Retail and International. So in general terms, the higher the PE, the more expensive the stock is. Since the change in EPS doesn't seem to correlate with the change in share price, it's worth taking a look at other metrics. Price. “You should never ever see a utility go up 15 percent in a day. You can read more about the power of momentum in assessing share price movements on Stockopedia. Research Tools. Meridian Energy has yet to annouce their ex-dividend date. The Retail segment includes activity associated with retailing of electricity and complementary products through its two brands: Meridian and Powershop in New Zealand. Instead, shares in yield-heavy Meridian jumped 10.2 percent to $9.40 bringing its total gain just this week to 34 percent. MERIDIAN ENERGY LIMITED (NZE:MEL) : Stock quote, stock chart, quotes, analysis, advice, financials and news for share MERIDIAN ENERGY LIMITED | New Zealand Stock Exchange: MEL | … The Meridian Energy Ltd (ASX: MEZ) share price is slipping lower today on news the company has signed an exit deal with a global mining giant. Meridian Energy Limited is engaged in the business of generation, trading and retailing of electricity, and the sale of complementary products and services. You can use this to help gauge a market’s performance. Before it's here, it's on the Bloomberg Terminal. Meridian Investors Briefing on Tiwai Point Listen to Meridian's Investor Briefing from 18 January, f ollowing Rio Tinto’s acceptance of new contract terms with Meridian to continue operations at the Tiwai Point Aluminium Smelter through to December 2024. are trading at Tens of thousands of investors in Genesis and Meridian Energy have sold their shares since the power companies were privatised. Shares in Meridian Energy are currently trading at Company profile page for Meridian Energy Group Inc including stock price, company news, press releases, executives, board members, and contact information Meridian rose 5.2 per cent to $8.08, taking its market capitalisation to $20.7b and making it the most valuable stock on the market. The historic dividend yield on Meridian Energy shares is currently 2.09%. Dan Brunskill Tue, 12 Jan 2021 Dan Brunskill Tue, 12 Jan 2021 RELATED. Net incomedecreased 48% to NZ$176M. Your online stock adviser. Today 5d 1m 3m 6m YTD 1yr 5yr 10yr. Its last market close was $4.92 – a decrease of 6.46% over the previous week. Contact lifted 4.1 per cent to $9.19. Meridian Energy's earnings per share are down 6.6% per year, despite strong share price performance over five years. MEL040 MEL 20/03/2024 4.88% Meridian Energy Ltd Green Bonds MEL050 MEL 27/06/2025 4.21% Meridian Energy Limited Green Bonds MEL Meridian Energy Shares Outstanding is currently at 2.56 B. BlackRock Institutional Trust Company, N.A. The NZX listed company saw a recent bid of 2.99 and 553775 shares have traded hands in the session. Insights. The Company produces hydro-electric power and supplies electricity to residential, business, and rural customers. Complete an application with your personal and financial details, like your ID and bank information. They discuss opportunities for more energy generation, the importance of renewable energy and how NZ's consumption of energy has changed. The International segment includes activity associated with its generation of electricity and sale into the wholesale electricity market; retailing of electricity through the Powershop brand in Australia, and licensing of the Powershop platform in the United Kingdom. Shares in the energy … Big electricity companies Meridian Energy and Contact Energy have resumed their upward climb, lifting the benchmark sharemarket index higher. NZD8.08 Meridian Wealth Management LLC’s holdings […] The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. There were 68 gainers and 79 decliners over the whole market on steady volume of 110.2 million shares worth $159.93 Meridian shed 72c or 7.88 per cent to … In the past six months, the stock has more than doubled in value. 33 Customhouse Quay The Terrace,PO Box 10840, WELLINGTON, 6143, New Zealand, Owen Hackston (Investor Relations Manager), Australia shares edge lower; post weekly gain on U.S. stimulus plan, METALS-Copper hovers near 8-year high as China battles coronavirus, METALS-London copper slips from $8,000/tonne on dollar strength. Outstanding Shares are shares of common stock of a public Meridian Energy Limited that were purchased by investors after they were authorized and issued by the Meridian Energy Limited to the public. The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. Find out more at Intelligent Investor Meridian Energy shares (MEZ) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Free forex prices, toplists, indices and lots more. Looking ahead, Meridian Energy has not announced an ex-dividend date yet. : For the fiscal year ended 30 June 2020, MeridianEnergy Ltd revenues decreased 2% to NZ$3.41B. Our team of analysts provide weekly insights & analysis into undervalued ASX shares to help you build a market beating portfolio. Here are the trading details for Meridian Energy: Based on an overall assessment of its quality, value and momentum, Meridian Energy is currently classified as a High Flyer. This is a visual representation of the price action in the market, over a certain period of time. 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. Shares in Meridian Energy are currently priced at NZD8.08. The Company supplies electricity to power homes, businesses and farms. Meridian Energy Limited is a New Zealand electricity generator and retailer. Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Shares in Meridian Energy (NZE:MEL) are currently trading close to a 52 week high, with the share price up by around 15.0% to 6.3 over the past week. Meridian Wealth Management LLC lifted its position in WEC Energy Group, Inc. (NYSE:WEC) by 10.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. This share price information is delayed by 15 minutes. Meridian Energy Limited (), a renewable energy company based in New Zealand, had a relatively subdued couple of weeks in terms of changes in share price, which continued to float around the range of NZ$2.8 to NZ$2.99.However, is this the true valuation level of the mid-cap? Meridian Energy Limited (MEZ) Research. The value of Meridian Energy soared by more than $2 billion on Thursday as its share price jumped more than 10 per cent on the New Zealand stock exchange. Our research tools allow you to search, filter and compare thousands of securities listed on the … It is calculated by dividing a company's price per share by its earnings per share. The Meridian Energy PE ratio based on its reported earnings over the past 12 months is 94.69. 52 Week Range - 1 Year Return (20 mins delayed) Chart and Price Data. Open and fund your brokerage account. Mighty River Power was floated on the stock market in May 2013, followed by Meridian Energy in October that year and then Genesis Energy in April 2014. This means it's unlikely the market is judging the company based on earnings growth. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds. Shareholders of Meridian Energy (NZSE:MEL) Must Be Delighted With Their 317% Total Return When you buy a stock there is always a possibility that it could drop 100%. Christchurch, 8140 Of the analysts with advisory recommendations for Meridian Energy, there are there are currently 0 "buy" , 2 "hold" and 1 "sell" recommendations. Meridian Energy Ltd (ASX: MEZ) Share Price and News. When autocomplete results are available use up and down arrows to review and enter to select. 22/01/21, shares in Welcome to Intelligent Investor. Touch device users, explore by touch or with swipe gestures. Meridian Energy Ltd (MEL.NZ) shares are moving today on volatility 2.05% or 0.06 from the open. Analysts covering Meridian Energy currently have a consensus Earnings Per Share (EPS) forecast of 0.113 for the next financial year. To buy shares in Meridian Energy you'll need a share-dealing account with an online or offline stock broker. As of Meridian Energy (MEZ) share price, charts, trades & the UK's most popular discussion forums. Earnings Announcement for Period Ending S1/2020. Meridian Energy Shares Owned by Insiders is currently at 51.09%. Meridian Energy Meridian Energy Limited engages in the generation, trading, and retail of electricity and gas. Last year, Meridian Energy paid a total dividend of 0.17, and it currently has a trailing dividend yield of 2.09%. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Revenues reflect NZ Wholesalesegment decrease of 9% to NZ$2.27B, New Zealand segmentdecrease of 5% to NZ$3.04B. Meridian Energy is scheduled to issue upcoming financial results on the following dates: The Meridian Energy dividend yield is 2.09% based on the trailing twelve month period. Or is it currently undervalued, providing us with the opportunity to buy? View today’s MEZ share price, options, bonds, hybrids and warrants. Meridian Energy Ltd. operates as a state-owned electricity generator. 17/08/2020 18:52:12 Cookie Policy +44 (0) 203 8794 460 Free Membership Login We’re New Zealand’s largest generator, making power through our wind farms, hydro stations and solar arrays. Meridian for business 100% renewable energy generation All the energy we generate comes from 100% renewable sources – wind, water and sun. Meridian Energy stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news. Shares in Meridian Energy are currently trading at NZD8.08, giving the company a market capitalisation of £10.88bn. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives. Meridian Energy share price hits a one-year high 13th Nov '20 - Ben Hobson Shares in Meridian Energy (NZE:MEL) are currently trading close to a 52 week high, with the share price up by around 15.0% to 6.3 over the past week. For more information, learn about our StockRank Styles. NZD8.08, giving the company a market capitalisation of Price trends tend to persist, so it's worth looking at them when it comes to a share like Meridian Energy. The S&P/NZX 50 … Sorry, no quarterly data is available at this time. Free forex prices, toplists, indices and lots more. Eco Wave Power signs Collaboration Agreement with Meridian Energy Australia, 'Bloomberg Real Yield': Fragmented Vaccination Rollout, PO Box 2128 Net income also reflects FVAdjustments of Financial Investments increase from NZ$58M(income) to NZ$113M (expense), Impairment of Property,Plant & Equipmen increase from NZ$5M to NZ$58M (expense). How to buy shares in Meridian Energy 20/01/2021 13:04:29 Cookie Policy +44 (0) 203 8794 460 Free Membership Login Can Meridian Energy shares be worth $9? At the current price of NZD8.08, shares in Meridian Energy are trading at 49.03% against their 200 day moving average. 55.41% over the past year. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. and the price has moved by On a one-month basis, the Meridian Energy price has risen by 9.54%. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer … At that level they are trading at 37.15% premium to the analyst consensus target price of 0.00. It employs about 1000 people across NZ and Australia. The Wholesale segment includes activity associated with its New Zealand generation of electricity and its sale into the wholesale electricity market; purchase of electricity, and development of renewable electricity generation opportunities. £10.88bn. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. An important predictor of whether a stock price will go up is its track record of momentum. Meridian Petroleum (MRP) share price, charts, trades & the UK's most popular discussion forums. You can view the full broker recommendation list by unlocking its StockReport. Compare share trading platforms. New Zealand. and has a market cap (total outstanding shares value) of $13.3 billion. The shares are currently trading at NZD8.08. On a one-month basis, the Meridian Energy price has risen by 9.54%. Meridian Energy Limited (ASX:MEZ) - Shares, Dividends & News - Intelligent Investor. The overall consensus recommendation for Meridian Energy is Sell. The company’s shares were 6 … Over the past six months, the relative strength of its shares against the market has been 48.25%. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. The fund owned 3,204 shares of the utilities provider’s stock after purchasing an additional 308 shares during the quarter. As of last trade Meridian Energy Ltd (MEZ:ASX) traded at 7.09, -24.01% below its 52-week high of 9.33, set on Jan 07, 2021. 0.4  5.2%. Movement. How to buy shares in Meridian Energy. The company generates electricity through hydro power stations and wind farms located in New Zealand and Austr... Company Analysis and Financial Data Status Unless specified all financial data is based on a yearly period but updated quarterly. Get the latest articles on recommendations and investment news for Meridian Energy Limited. For investors ... Meridian Energy Limited is engaged in the business of generation, trading and retailing of electricity, and the sale of complementary products and services. MEL shares have... Meridian Energy Limited (NZX: MEL, ASX: MEZ) is one of the largest listed companies in NZ, which generates electricity from renewable resources like water, sun and wind. Meridian Energy's management team is headed by: Here are the top five shareholders of Meridian Energy based on the size of their shareholding: © Stockopedia 2021, Refinitiv, Share Data Services. Meridian Energy Limited chart This market's chart. NZD8.08 The Company operates through three segments: Wholesale, Retail and International. 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