Shares in the energy … 52 Week Range - 1 Year Return (20 mins delayed) Chart and Price Data. Net incomedecreased 48% to NZ$176M. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. Contact lifted 4.1 per cent to $9.19. 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. Christchurch, 8140 The overall consensus recommendation for Meridian Energy is Sell. NZD8.08, giving the company a market capitalisation of 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. At the current price of NZD8.08, shares in Meridian Energy are trading at 49.03% against their 200 day moving average. View today’s MEZ share price, options, bonds, hybrids and warrants. You can read more about the power of momentum in assessing share price movements on Stockopedia. Welcome to Intelligent Investor. 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. You can use this to help gauge a market’s performance. Complete an application with your personal and financial details, like your ID and bank information. This is a visual representation of the price action in the market, over a certain period of time. Last year, Meridian Energy paid a total dividend of 0.17, and it currently has a trailing dividend yield of 2.09%. Our team of analysts provide weekly insights & analysis into undervalued ASX shares to help you build a market beating portfolio. 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. Before it's here, it's on the Bloomberg Terminal. 17/08/2020 18:52:12 Cookie Policy +44 (0) 203 8794 460 Free Membership Login Open and fund your brokerage account. 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. 55.41% over the past year. Meridian Energy Ltd (MEL.NZ) shares are moving today on volatility 2.05% or 0.06 from the open. Meridian Energy Limited (MEZ) Research. Touch device users, explore by touch or with swipe gestures. Meridian Energy (MEZ) share price, charts, trades & the UK's most popular discussion forums. Meridian Energy Limited chart This market's chart. and the price has moved by Meridian Energy Ltd (ASX: MEZ) Share Price and News. In terms of relative price strength - which takes into account the overall market trend - the Meridian Energy price has moved by Can Meridian Energy shares be worth $9? We’re New Zealand’s largest generator, making power through our wind farms, hydro stations and solar arrays. Research Tools. In the past six months, the stock has more than doubled in value. Your online stock adviser. They discuss opportunities for more energy generation, the importance of renewable energy and how NZ's consumption of energy has changed. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer … Compare share trading platforms. New Zealand. You can view the full broker recommendation list by unlocking its StockReport. This means it's unlikely the market is judging the company based on earnings growth. £10.88bn. Tens of thousands of investors in Genesis and Meridian Energy have sold their shares since the power companies were privatised. 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. Price trends tend to persist, so it's worth looking at them when it comes to a share like Meridian Energy. Meridian Energy Shares Outstanding is currently at 2.56 B. Meridian Energy Shares Owned by Insiders is currently at 51.09%. The Company operates through three segments: Wholesale, Retail and International. Meridian Energy Ltd. operates as a state-owned electricity generator. 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. 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). 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. Meridian Energy 20/01/2021 13:04:29 Cookie Policy +44 (0) 203 8794 460 Free Membership Login 52.81% over the past 365 days. Shares in Meridian Energy are currently trading at The Company produces hydro-electric power and supplies electricity to residential, business, and rural customers. Meridian Energy shares (MEZ) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. 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 | … Meridian Energy Limited engages in the generation, trading, and retail of electricity and gas. Insights. The historic dividend yield on Meridian Energy shares is currently 2.09%. 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. Dan Brunskill Tue, 12 Jan 2021 Dan Brunskill Tue, 12 Jan 2021 RELATED. For more information, learn about our StockRank Styles. Movement. 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? Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds. Over the past six months, the relative strength of its shares against the market has been 48.25%. Sorry, no quarterly data is available at this time. Free forex prices, toplists, indices and lots more. Revenues reflect NZ Wholesalesegment decrease of 9% to NZ$2.27B, New Zealand segmentdecrease of 5% to NZ$3.04B. Meridian Energy has yet to annouce their ex-dividend date. 22/01/21, shares in Price. On a one-month basis, the Meridian Energy price has risen by 9.54%. At that level they are trading at 37.15% premium to the analyst consensus target price of 0.00. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Meridian Petroleum (MRP) share price, charts, trades & the UK's most popular discussion forums. Earnings Announcement for Period Ending S1/2020. Eco Wave Power signs Collaboration Agreement with Meridian Energy Australia, 'Bloomberg Real Yield': Fragmented Vaccination Rollout, PO Box 2128 You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives. 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. The shares are currently trading at NZD8.08. The Meridian Energy PE ratio based on its reported earnings over the past 12 months is 94.69. The S&P/NZX 50 … Meridian Energy Limited is a New Zealand electricity generator and retailer. 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