Mercury NZ Ltd (ASX: MCY) Share Price and News

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Mercury NZ Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $8.51 billion
P/E Ratio 29.81
Dividend Yield 3.76%
Shares Outstanding 1.39 billion
Earnings per share 0.209
Dividend per share 0.21
Year To Date Return -0.23%
Earnings Yield 3.35%
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as at 24 Feb 3:44pm

  • Mercury NZ Ltd (ASX: MCY)
    Latest News

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    Why this renewable energy share price could fall on market update

    The Mercury NZ Limited (ASX: MCY) share price could slump this morning after the company revised its FY19 earnings downward…

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    Share Fallers

    Mercury NZ share price crashes 11.5% back to earth after yesterday's surge

    The Mercury NZ Limited (ASX: MCY) share price has come crashing back to earth with an 11% decline this morning…

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    Share Gainers

    ALL ORDINARIES finishes higher Wednesday: 8 shares you missed

    The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) and ALL ORDINARIES (Index:^AXAO) (ASX:XAO) finished higher on Wednesday.

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    Share Market News

    Mercury announces wind farm construction – is it the top ASX renewable energy stock?

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    Tilt Renewables completes $260 million entitlement offer: Is it a Buy?

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    52-Week Highs

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    Renewables player Mercury NZ Ltd (ASX:MCY) generation up, customers down

    Mercury NZ Ltd (ASX: MCY) has recorded impressive annual generation out of its renewable portfolio but lost 3000 customers

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    ⏸️ Investing

    New Energy Solar Ltd (ASX:NEW) chasing more clean energy investments

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    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    11 Sep 2024 $0.1284 0.00% Final 30 Sep 2024
    13 Mar 2024 $0.0930 0.00% Interim 02 Apr 2024
    13 Sep 2023 $0.0231 0.00% Supplemental 29 Sep 2023
    13 Sep 2023 $0.1203 0.00% Final 29 Sep 2023
    15 Mar 2023 $0.0154 0.00% Supplemental 03 Apr 2023
    15 Mar 2023 $0.0807 0.00% Interim 03 Apr 2023
    14 Sep 2022 $0.0212 0.00% Supplemental 30 Sep 2022
    14 Sep 2022 $0.1058 0.00% Final 30 Sep 2022
    16 Mar 2022 $0.0141 0.00% Supplemental 01 Apr 2022
    16 Mar 2022 $0.0745 0.00% Interim 01 Apr 2022
    14 Sep 2021 $0.0180 0.00% Supplemental 30 Sep 2021
    14 Sep 2021 $0.0988 0.00% Final 30 Sep 2021
    11 Mar 2021 $0.0120 0.00% Supplemental 01 Apr 2021
    11 Mar 2021 $0.0628 0.00% Interim 01 Apr 2021
    14 Sep 2020 $0.0166 0.00% Supplemental 30 Sep 2020
    14 Sep 2020 $0.0867 0.00% Final 30 Sep 2020
    12 Mar 2020 $0.0113 0.00% Supplemental 01 Apr 2020
    12 Mar 2020 $0.0635 0.00% Interim 01 Apr 2020
    12 Sep 2019 $0.0164 0.00% Supplemental 30 Sep 2019
    12 Sep 2019 $0.0930 0.00% Final 30 Sep 2019
    13 Mar 2019 $0.0109 0.00% Supplemental 01 Apr 2019
    13 Mar 2019 $0.0599 0.00% Interim 01 Apr 2019
    12 Sep 2018 $0.0161 0.00% Supplemental 28 Sep 2018
    12 Sep 2018 $0.0828 0.00% Final 28 Sep 2018
    14 Mar 2018 $0.0106 0.00% Supplemental 03 Apr 2018
    14 Mar 2018 $0.0558 0.00% Interim 03 Apr 2018
    13 Sep 2017 $0.0244 0.00% Supplemental 29 Sep 2017
    13 Sep 2017 $0.0500 0.00% Special 29 Sep 2017
    13 Sep 2017 $0.1264 0.00% Final 29 Sep 2017
    14 Mar 2017 $0.0531 0.00% Interim 03 Apr 2017
    13 Sep 2016 $0.0400 0.00% Special 30 Sep 2016
    13 Sep 2016 $0.1162 0.00% Final 30 Sep 2016
    10 Mar 2016 $0.0101 0.00% Supplemental 31 Mar 2016
    10 Sep 2015 $0.0968 0.00% Final 30 Sep 2015
    10 Mar 2015 $0.0539 0.00% Interim 31 Mar 2015
    18 Nov 2014 $0.0461 0.00% Special Cash 11 Dec 2014
    01 Sep 2014 $0.0743 0.00% Final 30 Sep 2014
    10 Mar 2014 $0.0488 0.00% Interim 31 Mar 2014
    09 Sep 2013 $0.0624 0.00% Final 30 Sep 2013

    MCY ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Mercury NZ Ltd

    Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.

    MCY Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    20 Nov 2024 $6.29 $-0.01 -0.16% 38,249 $6.29 $6.29 $5.95
    19 Nov 2024 $6.30 $0.11 1.78% 41,026 $6.15 $6.30 $6.15
    18 Nov 2024 $6.19 $0.00 0.00% 11,699 $6.00 $6.19 $6.00
    15 Nov 2024 $6.19 $-0.03 -0.48% 19,753 $6.22 $6.22 $6.02
    14 Nov 2024 $6.22 $0.36 6.14% 27,318 $6.04 $6.22 $6.02
    13 Nov 2024 $5.86 $0.01 0.17% 17,548 $5.86 $6.05 $5.86
    12 Nov 2024 $5.85 $-0.13 -2.17% 8,767 $5.98 $6.07 $5.85
    11 Nov 2024 $5.98 $0.12 2.05% 30,760 $5.83 $6.12 $5.83
    08 Nov 2024 $5.86 $-0.38 -6.09% 14,784 $6.20 $6.20 $5.86
    07 Nov 2024 $6.24 $0.31 5.23% 8,738 $5.94 $6.24 $5.90
    06 Nov 2024 $5.93 $-0.06 -1.00% 6,070 $5.99 $5.99 $5.83
    05 Nov 2024 $5.99 $-0.01 -0.17% 32,993 $6.00 $6.00 $5.80
    04 Nov 2024 $6.00 $0.00 0.00% 30,652 $6.00 $6.00 $5.86
    01 Nov 2024 $6.00 $-0.24 -3.85% 36,714 $6.24 $6.24 $5.82
    31 Oct 2024 $6.24 $0.34 5.76% 70,325 $5.90 $6.24 $5.87
    30 Oct 2024 $5.90 $-0.12 -1.99% 24,155 $5.91 $6.12 $5.90
    29 Oct 2024 $6.02 $0.00 0.00% 17,115 $6.02 $6.02 $5.78
    28 Oct 2024 $6.02 $0.00 0.00% 819 $6.02 $6.02 $5.93
    25 Oct 2024 $6.02 $-0.33 -5.20% 40,049 $6.34 $6.34 $5.95
    24 Oct 2024 $6.35 $0.25 4.10% 40,920 $6.12 $6.35 $6.01
    23 Oct 2024 $6.10 $-0.25 -3.94% 56,655 $6.34 $6.34 $6.10
    22 Oct 2024 $6.35 $0.25 4.10% 9,669 $6.10 $6.35 $6.10

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    30 Sep 2024 Scott St John Transfer 1,168 $6,849
    Dividend Reinvestment Plan (DRP). NZD$, AS PER REPORT ON 02-01-2024

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr James Bruce Miller Non-Executive Director May 2012
    Mr Miller is the chair of Risk and member of Corporate Governance Committee. He has expertise in utility economics and 15 years of experience in capital markets. He is currently Chair of Channel Infrastructure NZ and is a director of Vista Group, and Ryman Healthcare. James prior roles have included Chair of NZX, Deputy Chair of Accident Compensation Corporation and board positions with Auckland International Airport, the Financial Markets Authority and Vector.
    Mr Mark James Binns Non-Executive Director Sep 2023
    Mr Binns was CEO of Meridian Energy from 2012-2017 and before that spent 22 years with Fletcher Building, including 15 years as CEO of the Construction and Infrastructure division. He currently chairs Crown Infrastructure Partners and Hynds Limited and is a director of Auckland International Airport. He is a member of the Risk Assurance Committee.
    Mr Adrian Littlewood Non-Executive Director Aug 2023
    Mr Littlewood has executive experience including 12 years at Auckland International Airport, nine of these as CEO. Before that he held senior roles across strategy, operations, product and marketing with Telecom New Zealand. Previous governance roles include acting as the New Zealand Chair of the Australia/New Zealand Leadership Forum, Chair of the NZ Airports Association and a director of North Queensland Airports and Tourism Industry Aotearoa. He is a member of the People committee.
    Ms Susan Ruth Peterson Non-Executive Director Sep 2022
    Ms Peterson has helped companies to drive growth through technology, innovative customer solutions and organizational culture. She currently chairs Vista Group and is an independent director of Xero and Arvida. Susan is also an independent director of Craigs Investment Partners. Susan is the chair of People Committee and a member of Risk Committee.
    Mr Michael (Mike) John Taitoko Non-Executive Director Aug 2015
    Mr Taitoko is an advisor on Maori economic development and has well-established networks in Maoridom. Mike has commercial skills in the application of digital technologies. He is the co-founder and CEO of Takiwa Limited and a co-founder and director of Toha Foundry Limited, technology companies commercializing cloud-based geospatial analytics services. He was formerly a director of Auckland Tourism Events and Economic Development (ATEED). He is a member of the People Committee.
    Mr Scott Andrew St John Non-Executive Director Sep 2017
    Mr John has a background in investment advisory and capital markets. Scott is Chair of Fisher & Paykel Healthcare Corporation, Chair of ANZ New Zealand and a director of ANZ Group and Next Foundation. He was formerly a director of Fonterra Cooperative Group, a member of the Capital Markets Development Taskforce and the Financial Markets Authority Establishment Board and was Chancellor of the University of Auckland. He was the Chief Executive of First NZ Capital from 2002 to 2017. He is a member of the Corporate Governance, People and the Risk Committee.
    Ms Lorraine Witten Non-Executive Director Sep 2022
    Ms Witten is a director with a background in the telco, technology, and ICT sectors. Lorraine currently chairs Rakon and is a director of MOVE Logistics Group1 and VWORK. Lorraine's prior roles are as chair of audit and risk committees including Chair of the Department of Corrections Audit and Risk committee, director of Horizon Energy Group, Pushpay Holdings, Board member WREDA and director and Chair of Kordia Group. She is a member of the Risk Committee.
    Ms Hannah Hamling Non-Executive Director Feb 2020
    Ms Hamling is an environmental scientist with a particular interest in sustainable development and resilience. Until January 2020, she was President of the Asia Pacific Region and Global Sustainable Development Leader for Golder, a Canadian global ground engineering and environmental science company. Before joining Golder, Hannah was Managing Director of New Zealand environmental consultancy firm Kingett Mitchell. Hannah has background in consulting, management and board roles across various sectors including electricity, construction and water management. She is a Member of the Risk Committee.
    Mr Howard Thomas General CounselCompany Secretary Aug 2017
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    Mr Stew Hamilton Chief Executive Officer Aug 2024
    -
    Stew Hamilton Chief Executive Officer
    -
    William Meek Chief Financial Officer
    -
    Lucie Drummond Executive General Manager - Sustainability
    -
    Craig Neustroski Executive General Manager Customer
    -
    Stew Hamilton Executive General Manager Generation
    -
    Fiona Smith Executive General Manager People Experience and Technology
    -
    Phil Gibson Executive General Manager Portfolio
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    Howard Thomas General CounselCompany Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    The Sovereign in right of New Zealand acting by & through Minister of Finance & Minister 716,140,528 51.15%
    HSBC Nominees (New Zealand) Limited 70,623,375 5.04%
    HSBC Nominees (New Zealand) Limited A/C State Street 60,638,789 4.33%
    Citibank Nominees (New Zealand) Limited 54,385,255 3.88%
    JPMorgan Chase Bank NA NZ Branch Segregated Clients ACCT 46,133,013 3.30%
    Custodial Services Limited 39,838,182 2.85%
    BNP Paribas Nominees (NZ) Limited 38,428,815 2.74%
    Accident Compensation Corporation 20,520,406 1.47%
    FNZ Custodians Limited 17,076,924 1.22%
    New Zealand Depository Nominee Limited 13,022,078 0.93%
    JBWere (NZ) Nominees Limited 12,682,302 0.91%
    Tea Custodians Limited Client Property Trust Account 11,924,171 0.85%
    BNP Paribas Nominees (NZ) Limited i 9,725,232 0.69%
    Generate Kiwisaver Public Trust Nominees Limited 9,617,193 0.69%
    HSBC Nominees A/C NZ Superannuation Fund Nominees Limited 9,529,744 0.68%
    Forsyth Barr Custodians Limited 8,122,081 0.58%
    ANZ Wholesale Australasian Share Fund 7,202,491 0.51%
    Simplicity Nominees Limited 6,898,496 0.49%
    PT (Booster Investments) Nominees Limited 6,078,205 0.44%
    Mercury NZ Limited3 5,956,785 0.43%

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