15M1 Stock Overview Engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. More details
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Meridian Energy Limited Competitors Price History & Performance
Summary of share price highs, lows and changes for Meridian Energy Historical stock prices Current Share Price NZ$3.10 52 Week High NZ$3.74 52 Week Low NZ$2.94 Beta 0.76 1 Month Change -4.32% 3 Month Change -7.74% 1 Year Change -0.64% 3 Year Change 8.39% 5 Year Change n/a Change since IPO 93.75%
Recent News & Updates
Meridian Energy Limited to Report First Half, 2025 Results on Feb 26, 2025 Dec 16
Final dividend of NZ$0.17 announced Aug 30
Full year 2024 earnings released: EPS: NZ$0.17 (vs NZ$0.037 in FY 2023) Aug 28
Meridian Energy Limited Declares Partially Imputed Final Ordinary Dividend for the Fiscal Year Ended June 30, 2024, Payable on 20 September 2024 Aug 28
Meridian Energy Limited, Annual General Meeting, Oct 15, 2024 Aug 01
Meridian Energy Limited to Report Fiscal Year 2024 Results on Aug 28, 2024 Jun 27 See more updates
Meridian Energy Limited to Report First Half, 2025 Results on Feb 26, 2025 Dec 16
Final dividend of NZ$0.17 announced Aug 30
Full year 2024 earnings released: EPS: NZ$0.17 (vs NZ$0.037 in FY 2023) Aug 28
Meridian Energy Limited Declares Partially Imputed Final Ordinary Dividend for the Fiscal Year Ended June 30, 2024, Payable on 20 September 2024 Aug 28
Meridian Energy Limited, Annual General Meeting, Oct 15, 2024 Aug 01
Meridian Energy Limited to Report Fiscal Year 2024 Results on Aug 28, 2024 Jun 27
First half dividend of NZ$0.07 announced Mar 01
Meridian Energy Limited Announces Dividend for the Six Months Ended December 31, 2023, Payable on March 26, 2024 Mar 01
Meridian Energy Limited to Report First Half, 2024 Results on Feb 28, 2024 Dec 05
Meridian Energy Limited Announces Final Ordinary Dividend for the Six Months Ended June 30, 2023, Payable on September 22, 2023 Aug 30
Full year 2023 earnings released: EPS: NZ$0.037 (vs NZ$0.17 in FY 2022) Aug 29
Meridian Energy Limited, Annual General Meeting, Oct 12, 2023 Jul 29
Now 20% undervalued Jul 21
Meridian Energy Limited Appoints David Carter as A Non-Executive Director with Effect from 25 July 2023 Jul 13
Meridian Energy Limited to Report Fiscal Year 2023 Results on Aug 29, 2023 Jun 30
Chief People Officer recently sold €311k worth of stock Mar 10
First half 2023 earnings released: EPS: NZ$0.078 (vs NZ$0.056 in 1H 2022) Mar 01
Meridian Energy Limited Announces the Appointment of Benjamin Bateman as Director , Effective 28 February 2023 Dec 21
Meridian Energy Limited to Report First Half, 2023 Results on Mar 01, 2023 Dec 15
High number of new directors Oct 31
Independent Non-Executive Director recently bought €64k worth of stock Sep 01
Upcoming dividend of NZ$0.13 per share Aug 31
Full year 2022 earnings released: EPS: NZ$0.17 (vs NZ$0.17 in FY 2021) Aug 24 Meridian Energy Limited Announces Ordinary Fully Paid Foreign Exempt NZX Dividend for the Six Months Ended June 30, 2022, Payable on September 23, 2022
Meridian Energy Limited, Annual General Meeting, Oct 18, 2022 Aug 06
High number of new directors Aug 02
Meridian Energy Limited Appoints Graham Cockroft as A Non-Executive Director with Effect from 26 July 2022 Jul 12
Meridian Energy Limited to Report Fiscal Year 2022 Results on Aug 24, 2022 Jun 30
Meridian Makes Two Appointments to Executive Team Mar 31
Upcoming dividend of NZ$0.067 per share Mar 10
Investor sentiment improved over the past week Mar 03
First half 2022 earnings: EPS in line with expectations, revenues disappoint Feb 24
Meridian Energy Limited Announces Dividend on MEZ - Ordinary Fully Paid Foreign Exempt NZX for the Six Months Ended December 31, 2021, Payable on April 8, 2022 Feb 24
Shell Energy Operations Pty Ltd and Infrastructure Capital Group Ltd completed the acquisition of Meridian Energy Australia Pty. Ltd. from Meridian Energy Limited (NZSE:MEL) for AUD 740 million. Feb 02
Chief People Officer Tania Palmer has left the company Dec 06
Insider recently sold €145k worth of stock Dec 01
Shell Energy Operations Pty Ltd and Infrastructure Capital Group Ltd agreed to acquire Australian Business Of Meridian Energy Limited from Meridian Energy Limited (NZSE:MEL) for approximately AUD 730 million. Nov 24
Upcoming dividend of NZ$0.13 per share Sep 22
High number of new directors Sep 15
High number of new directors Sep 02
Full year 2021 earnings released: EPS NZ$0.17 (vs NZ$0.069 in FY 2020) Aug 25
Upcoming Dividend of NZ$0.066 Per Share Mar 23
New 90-day low: €3.20 Mar 09
First half 2021 earnings released: EPS NZ$0.089 (vs NZ$0.075 in 1H 2020) Feb 25
Revenue misses expectations Feb 25
Jason Stein to Step Down as CEO of Meridian Energy Australia and Powershop Australia of Meridian Energy Limited Jan 28
Rio Tinto Reaches Deal with Meridian Energy to Extend Operations to 2024 Jan 14
New 90-day high: €4.58 Dec 30
Meridian Energy Limited to Report Q2, 2021 Results on Feb 24, 2021 Dec 17
New 90-day high: €4.16 Dec 09
New 90-day high: €3.46 Nov 10
Meridian Energy Limited to Report Fiscal Year 2020 Results on Aug 26, 2020 Aug 19 Shareholder Returns 15M1 DE Renewable Energy DE Market 7D 0.6% -2.4% 0.5% 1Y -0.6% -16.5% 15.3%
See full shareholder returns
Return vs Market: 15M1 underperformed the German Market which returned 13.7% over the past year.
Price Volatility Is 15M1's price volatile compared to industry and market? 15M1 volatility 15M1 Average Weekly Movement 6.0% Renewable Energy Industry Average Movement 3.5% Market Average Movement 4.8% 10% most volatile stocks in DE Market 11.3% 10% least volatile stocks in DE Market 2.4%
Stable Share Price: 15M1 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: 15M1's weekly volatility (6%) has been stable over the past year.
About the Company 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. The company generates electricity through 7 hydro stations that has a capacity of 2,365 MW; 6 wind farms that has a capacity of 571 MW; and a grid-scale solar array, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands.
Show more Meridian Energy Limited Fundamentals Summary How do Meridian Energy's earnings and revenue compare to its market cap? 15M1 fundamental statistics Market cap €8.32b Earnings (TTM ) €234.39m Revenue (TTM ) €2.65b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) 15M1 income statement (TTM ) Revenue NZ$4.86b Cost of Revenue NZ$4.10b Gross Profit NZ$754.00m Other Expenses NZ$325.00m Earnings NZ$429.00m
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Feb 26, 2025
Earnings per share (EPS) 0.16 Gross Margin 15.53% Net Profit Margin 8.83% Debt/Equity Ratio 16.3%
How did 15M1 perform over the long term?
See historical performance and comparison Dividends
3.6% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/02/06 10:12 End of Day Share Price 2025/02/06 00:00 Earnings 2024/06/30 Annual Earnings 2024/06/30
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more .
Analysis Model and Snowflake Details of the analysis model used to generate this report is available on our Github page , we also have guides on how to use our reports and tutorials on Youtube .
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github .
Analyst Sources Meridian Energy Limited is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Nevill Gluyas Credit Suisse Grant Swanepoel Deutsche Bank Bruce McKay Edison Investment Research
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