LON:DRX Drax Group Share Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Drax Group Plc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add GBX 278.40 +2.40 (+0.87 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range 270.40Now: GBX 278.40▼ 279.2050-Day Range 267.20MA: GBX 282.36▼ 298.6052-Week Range 118.90Now: GBX 278.40▼ 364.60Volume1.70 million shsAverage Volume1.22 million shsMarket Capitalization£1.11 billionP/E RatioN/ADividend Yield5.82%BetaN/A ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlines Drax Group plc, together with its subsidiaries, engages in the generation and supply of electricity. The company operates through three segments: Power Generation, Pellet Production, and B2B Energy Supply. It produces low carbon and renewable electricity; and provides system support services to the grid from a portfolio of biomass, hydro, gas, and coal technologies. The company owns and operates Drax Power Station that produces electricity from biomass located in Selby, North Yorkshire; Cruachan Power Station, a hydro station located in Argyll and Bute, western Scotland; Daldowie Fuel Plant situated in Uddingston, Glasgow; and four combined cycle gas turbine power stations in the United Kingdom. It also manufactures and supplies compressed wood pellets for use in electricity production. The company supplies power and gas to industrial, corporate, and small businesses. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingDrax Group has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of GBX 332.50, Drax Group has a forecasted upside of 19.4% from its current price of GBX 278.40.Amount of Analyst CoverageDrax Group has only been the subject of 3 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesDrax Group has received 528 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDrax Group has received 591 “underperform” votes. (Add your “underperform” vote.)Community SentimentDrax Group has received 52.82% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Drax Group and other stocks. Vote “Outperform” if you believe DRX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DRX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipDrax Group is a leading dividend payer. It pays a dividend yield of 5.82%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDrax Group does not have a long track record of dividend growth. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Drax Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £165,653.44 in company stock and sold GBX 0 in company stock. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Drax Group is -18.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Drax Group is -18.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioDrax Group has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.02 out of 5 stars Industry, Sector and Symbol Stock Exchange LON Industry Utilities - Independent Power Producers Sub-IndustryN/A SectorUtilities Current SymbolLON:DRX Previous Symbol CUSIPN/A CIKN/A Webwww.drax.com Phone+44-1757-618381Debt Debt-to-Equity Ratio72.88 Current Ratio1.43 Quick Ratio0.78Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio0.09 P/E GrowthN/A Sales & Book Value Annual Sales£4.70 billion Price / Sales0.24 Cash FlowGBX 120.71 per share Price / Cash Flow2.31 Book ValueGBX 451.90 per share Price / Book0.62Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees2,499 Outstanding Shares396,920,992Market Cap£1.11 billion Next Earnings DateN/A OptionableNot Optionable GBX 278.40 +2.40 (+0.87 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive DRX News and Ratings via Email Sign-up to receive the latest news and ratings for DRX and its competitors with MarketBeat's FREE daily newsletter. Drax Group (LON:DRX) Frequently Asked Questions How has Drax Group's stock price been impacted by Coronavirus? Drax Group's stock was trading at GBX 218.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, DRX shares have increased by 27.5% and is now trading at GBX 278.40. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Drax Group? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Drax Group in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Drax Group. How were Drax Group's earnings last quarter? Drax Group Plc (LON:DRX) issued its quarterly earnings data on Tuesday, February, 27th. The company reported $0.70 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.50 by $0.80. The business had revenue of $3.69 billion for the quarter. View Drax Group's earnings history. How often does Drax Group pay dividends? What is the dividend yield for Drax Group? Drax Group announced a dividend on Wednesday, July 29th. Shareholders of record on Thursday, August 20th will be given a dividend of GBX 6.80 per share on Friday, October 2nd. This represents a dividend yield of 2.47%. The ex-dividend date of this dividend is Thursday, August 20th. The official announcement can be accessed at this link. View Drax Group's dividend history. What price target have analysts set for DRX? 6 analysts have issued 1-year price targets for Drax Group's stock. Their forecasts range from GBX 280 to GBX 400. On average, they expect Drax Group's share price to reach GBX 332.50 in the next year. This suggests a possible upside of 19.4% from the stock's current price. View analysts' price targets for Drax Group. Who are some of Drax Group's key competitors? Some companies that are related to Drax Group include TransAlta Renewables (RNW), Innergex Renewable Energy (INE), Boralex (BLX), TransAlta (TA), Encavis (CAP), Contourglobal (GLO), Polaris Infrastructure (PIF), Powerhouse Energy Group (PHE), Spark Power Group (SPG), Aggregated Micro Power (AMPH), Green & Smart (GSH), AGL Energy (AGLXY), AGL Energy (AGLNF), AGL Energy (AGL) and CGE ENERGY INC/SH SH (CGEI). View all competitors. What other stocks do shareholders of Drax Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Drax Group investors own include 32Red (TTR), Centrica (CNA), Dechra Pharmaceuticals (DPH), Johnson Matthey (JMAT), Aberdeen Asset Management (ADN), JD Sports Fashion (JD), Nokia Oyj (NOK), Sanchez Energy (SN), BAE Systems (BA) and Franklin Resources (BEN). Who are Drax Group's key executives? Drax Group's management team includes the following people: Mr. Dwight Daniel Willard Gardiner, Group CEO & Exec. Director (Age 54)Mr. Andrew Robert Koss, Exec. Director & CEO of Drax Power (Age 48)Mr. Andy Skelton, CFO & Director (Age 47)David McCallum, Gen. Counsel & Group Company Sec.Ms. Samantha Brook, Head of Corp. HR What is Drax Group's stock symbol? Drax Group trades on the London Stock Exchange (LON) under the ticker symbol "DRX." How do I buy shares of Drax Group? Shares of DRX and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. What is Drax Group's stock price today? One share of DRX stock can currently be purchased for approximately GBX 278.40. How big of a company is Drax Group? Drax Group has a market capitalization of £1.11 billion and generates £4.70 billion in revenue each year. Drax Group employs 2,499 workers across the globe. What is Drax Group's official website? The official website for Drax Group is www.drax.com. How can I contact Drax Group? Drax Group's mailing address is Drax Power Station, SELBY, YO8 8PH, United Kingdom. The company can be reached via phone at +44-1757-618381. This page was last updated on 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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