LON:DRX - Drax Group Share Price, Forecast & News

Drax Group trades on the London Stock Exchange (LON) under the ticker symbol "DRX."

Drax Group declared a dividend on Wednesday, July 24th. Stockholders of record on Thursday, September 19th will be paid a dividend of GBX 6.40 per share on Friday, October 11th. This represents a dividend yield of 2.16%. The ex-dividend date of this dividend is Thursday, September 19th. The official announcement can be seen at this link. View Drax Group's Dividend History.

Drax Group Plc (LON:DRX) posted its earnings results on Tuesday, February, 27th. The company reported $0.70 EPS for the quarter, missing analysts' consensus estimates of $1.50 by $0.80. The business had revenue of $3.69 billion for the quarter. View Drax Group's Earnings History.

Drax Group is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for Drax Group.

9 brokers have issued 12-month target prices for Drax Group's stock. Their forecasts range from GBX 280 to GBX 420. On average, they expect Drax Group's stock price to reach GBX 338.63 in the next year. This suggests a possible upside of 20.1% from the stock's current price. View Analyst Price Targets for Drax Group.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Drax Group in the last year. There are currently 6 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Drax Group.

News articles about DRX stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Drax Group earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Drax Group.

Some companies that are related to Drax Group include TransAlta Renewables (RNW), Infratil (IFT), TransAlta (TA), Boralex (BLX), Innergex Renewable Energy (INE), Encavis (CAP), Contourglobal (GLO), New Energy Solar (NEW), Polaris Infrastructure (PIF), Energy World (EWC), Zenith Energy (ZEN), Genex Power (GNX), Integrated Green Energy Solutions (IGE), Spark Power Group (SPG) and Aggregated Micro Power (AMPH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Drax Group investors own include 32Red (TTR), Dechra Pharmaceuticals (DPH), Aberdeen Asset Management (ADN), Centrica (CNA), Johnson Matthey (JMAT), Sanchez Energy (SN), JD Sports Fashion (JD), BBA Aviation (BBA), Burberry Group (BRBY) and Easyhotel (EZH).

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.

One share of DRX stock can currently be purchased for approximately GBX 282.

Drax Group has a market capitalization of £1.12 billion and generates £4.39 billion in revenue each year. Drax Group employs 2,499 workers across the globe.View Additional Information About Drax Group.

The official website for Drax Group is http://www.drax.com/.

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.