Drax Group Plc Company Profile (LON:DRX)

About Drax Group Plc

Drax Group Plc logoDrax Group Plc is engaged in the electricity generation; electricity supply to business customers, and manufacturing of sustainable compressed wood pellets for use in electricity production. The Company operates through three segments: Generation, which is engaged in the generation of electricity at Drax Power Station; Biomass Supply, which is engaged in the production of sustainable compressed wood pellets at its processing facilities in the United States, and Retail, which is engaged in the supply of power to business customers and wood pellets to the domestic heat market. It operates through over four business units, including Drax Biomass, which is a supplier of compressed wood pellets manufactured from sustainable sources; Drax Power, which generates electricity, and Supply activities delivered through three routes, such as Drax Power, Haven Power and Billington Bioenergy. It has approximately six generating units, each with an output capacity of over 645 megawatts (MW).

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: LON
  • Symbol: DRX
  • CUSIP:
Key Metrics:
  • Previous Close: $3.94
  • 50 Day Moving Average: $310.66
  • 200 Day Moving Average: $309.51
  • 52-Week Range: GBX 205.10 - GBX 363.90
  • Trailing P/E Ratio: 7.39
  • P/E Growth: 0.00
  • Market Cap: $1.23B
  • Outstanding Shares: 406,700,000
Additional Links:

Analyst Ratings

Consensus Ratings for Drax Group Plc (LON:DRX) (?)
Ratings Breakdown: 3 Sell Ratings, 8 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.07)
Consensus Price Target: GBX 282.56

Analysts' Ratings History for Drax Group Plc (LON:DRX)
Show:
DateFirmActionRatingPrice TargetDetails
9/22/2016Jefferies GroupDowngradeUnderperformGBX 210 -> GBX 240View Rating Details
9/15/2016JPMorgan Chase & Co.Reiterated RatingNeutralGBX 370View Rating Details
9/8/2016Credit Suisse Group AGReiterated RatingOutperformGBX 415View Rating Details
8/24/2016Citigroup Inc.UpgradeNeutralGBX 305View Rating Details
8/19/2016Barclays PLCReiterated RatingOverweightView Rating Details
8/12/2016HSBCUpgradeHoldView Rating Details
7/27/2016BNP ParibasDowngradeNeutralGBX 340View Rating Details
7/27/2016Deutsche Bank AGBoost Price TargetHoldGBX 250 -> GBX 300View Rating Details
6/13/2016MacquarieBoost Price TargetNeutralGBX 200 -> GBX 313View Rating Details
4/11/2016Royal Bank Of CanadaReiterated RatingUnderperformGBX 180View Rating Details
3/11/2016Sanford C. BernsteinReiterated RatingMarket PerformGBX 250View Rating Details
3/3/2016InvestecLower Price TargetBuyGBX 325 -> GBX 300View Rating Details
2/23/2016Morgan StanleyReiterated RatingEqualwt/CautiousGBX 265View Rating Details
2/10/2016AlphaValueUpgradeReduceGBX 223View Rating Details
2/3/2016Societe GeneraleReiterated RatingHoldGBX 270View Rating Details
12/14/2015Goldman Sachs Group Inc.UpgradeSell -> BuyView Rating Details
7/15/2015Charles StanleyReiterated RatingHoldView Rating Details
(Data available from 9/27/2014 forward)

Earnings

Earnings History for Drax Group Plc (LON:DRX)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Drax Group Plc (LON:DRX)
Current Year EPS Consensus Estimate: $5.17 EPS

Dividends

Dividend History for Drax Group Plc (LON:DRX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2016GBX 2.100.61%9/22/20169/22/201610/7/2016
2/23/2016GBX 0.600.25%4/21/20164/21/20165/13/2016
7/28/2015GBX 5.101.84%9/24/20159/24/201510/9/2015
2/24/2015GBX 7.201.84%4/23/20154/23/20155/15/2015
7/29/2014GBX 4.700.67%9/24/20149/24/201410/10/2014
2/18/2014GBX 8.901.11%4/23/20144/23/20145/16/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Drax Group Plc (LON:DRX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/7/2016Thompson,DorothyInsiderSell31,995GBX 270£86,386.50
11/15/2015Gardiner,WillInsiderBuy21,168GBX 234£49,533.12
6/23/2015Cox,PhilipInsiderBuy60,000GBX 3.64£2,184
3/9/2015Dorothy ThompsonInsiderSell57,624GBX 394£227,038.56
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Drax Group Plc (LON:DRX)
DateHeadline
directorstalkinterviews.com logoDrax Group Plc 22.6% Potential Decrease Indicated by Jefferies International - DirectorsTalk Interviews (LON:DRX)
www.directorstalkinterviews.com - September 23 at 9:43 AM
directorstalkinterviews.com logoDrax Group Plc 19.1% Potential Upside Indicated by JP Morgan Cazenove - DirectorsTalk Interviews (LON:DRX)
www.directorstalkinterviews.com - September 15 at 7:28 AM
capitalcube.com logoDrax Group Plc – Value Analysis (LONDON:DRX) : September 12, 2016 (LON:DRX)
www.capitalcube.com - September 12 at 4:30 PM
ft.com logo[$$] 'Absolutely central role' for carbon capture in UK, report recommends (LON:DRX)
www.ft.com - September 12 at 9:37 AM
capitalcube.com logoDrax Group Plc breached its 50 day moving average in a Bullish Manner : DRX-GB : September 9, 2016 (LON:DRX)
www.capitalcube.com - September 9 at 9:30 AM
bloomberg.com logoDrax Piles Into Hinkley Debate With Biomass Conversion Offer (LON:DRX)
www.bloomberg.com - August 25 at 9:57 PM
marketwatch.com logoOfgem rejects National Grid cost-recovery request - MarketWatch (LON:DRX)
www.marketwatch.com - August 23 at 4:49 PM
News IconOfgem Rejects National Grid Call to Recover Extra Costs under Drax Contract (LON:DRX)
ih.advfn.com - August 23 at 8:54 AM
sg.finance.yahoo.com logoNational Grid to recoup 95 million pounds of power contract costs (LON:DRX)
sg.finance.yahoo.com - August 23 at 8:54 AM
capitalcube.com logoDrax Group Plc : Fairly valued, but don’t skip the other factors (LON:DRX)
www.capitalcube.com - August 18 at 4:44 PM
proactiveinvestors.co.uk logoBullish Cantor sees over 200% upside for Parkmead Group Plc - Proactive Investors UK (LON:DRX)
www.proactiveinvestors.co.uk - August 12 at 8:02 AM
proactiveinvestors.co.uk logoGAME downgraded as UK sales continue to concern (LON:DRX)
www.proactiveinvestors.co.uk - August 3 at 8:07 AM
ft.com logo[$$] Biomass must play its part in the energy mix (LON:DRX)
ad.doubleclick.net - August 2 at 9:30 AM
breakingfinancenews.com logoA report released today by Credit Suisse about Drax Group PLC(LON:DRX) ups the target price to 415GBX - Breaking Finance News (LON:DRX)
breakingfinancenews.com - August 1 at 4:38 PM
breakingfinancenews.com logoExane BNP Paribas covered (LON:DRX) Drax Group PLC, supporting its stock price target at 340GBX today - Breaking Finance News (LON:DRX)
breakingfinancenews.com - July 29 at 4:46 PM
publicnow.com logoChange to director's details (LON:DRX)
www.publicnow.com - July 28 at 7:08 PM
ftsenews.co.uk logoDrax Group PLC (LON:DRX) Issued With 'Hold' Rating At Deutsche Bank - FTSE News (LON:DRX)
www.ftsenews.co.uk - July 28 at 3:23 PM
money.aol.co.uk logoWhat do today's results mean for Drax Group plc, Croda International plc, SEGRO plc and Man Group plc? - AOL Money UK (LON:DRX)
money.aol.co.uk - July 28 at 9:29 AM
breakingfinancenews.com logoA report released today by JP Morgan Cazenove about Drax Group PLC(LON:DRX) bumps the target price to 370GBX - Breaking Finance News (LON:DRX)
breakingfinancenews.com - July 28 at 9:29 AM
publicnow.com logoHalf-year Results (LON:DRX)
www.publicnow.com - July 27 at 7:08 PM
News IconSurvival is no joke in No Man's Sky's latest trailer (LON:DRX)
learningandfinance.com - July 27 at 4:47 PM
News IconDrax posts lower EBITDA for H1, says company was 70% renewable - SeeNews Renewables (LON:DRX)
renewables.seenews.com - July 27 at 9:47 AM
fool.co.uk logoWhat do today's results mean for Drax Group plc, Croda International plc, SEGRO plc and Man Group plc? - Motley Fool UK (LON:DRX)
www.fool.co.uk - July 27 at 9:47 AM
nasdaq.com logoDrax Group H1 Pre-tax Profit Surges - Quick Facts - Nasdaq (LON:DRX)
www.nasdaq.com - July 27 at 9:47 AM
News IconDrax posts lower EBITDA for H1, says company was 70% renewable (LON:DRX)
potiner.com - July 26 at 10:47 PM
finance.yahoo.com logoEdited Transcript of DRX.L earnings conference call or presentation 26-Jul-16 8:00am GMT (LON:DRX)
finance.yahoo.com - July 26 at 8:43 PM
nasdaq.com logoDrax Group H1 Pre-tax Profit Surges - Quick Facts (LON:DRX)
www.nasdaq.com - July 26 at 8:52 AM
marketwatch.com logoDrax profit rise aided by hedging program (LON:DRX)
www.marketwatch.com - July 26 at 8:52 AM
biz.yahoo.com logoHalf Year 2016 Drax Group PLC Earnings Release - Before Market Open (LON:DRX)
biz.yahoo.com - July 26 at 7:07 AM
ftsenews.co.uk logoDeutsche Bank retained Drax Group PLC (LON:DRX) as 'Hold' With 250 PT - FTSE News (LON:DRX)
www.ftsenews.co.uk - July 21 at 8:09 AM
News IconWere Analysts Bearish Drax Group Plc (LON:DRX) This Week? - Press Telegraph (LON:DRX)
presstelegraph.com - July 16 at 8:05 AM
ft.com logo[$$] Drax: politics and power (LON:DRX)
ad.doubleclick.net - July 14 at 9:39 AM
ft.com logo[$$] Brexit doubt weighs on green energy groups (LON:DRX)
ad.doubleclick.net - July 3 at 2:38 PM
fiscalstandard.com logoDrax Group (LON:DRX) Broker Roundup - Fiscal Standard (LON:DRX)
www.fiscalstandard.com - June 27 at 4:40 PM
capitalcube.com logoDrax Group Plc breached its 50 day moving average in a Bearish Manner : DRX-GB : June 27, 2016 (LON:DRX)
www.capitalcube.com - June 27 at 5:22 AM
fiscalstandard.com logoDrax Group (LON:DRX) Broker Price Targets - Fiscal Standard (LON:DRX)
www.fiscalstandard.com - June 21 at 4:31 PM
ftsenews.co.uk logoMacquarie Gives Drax Group PLC Price Target With Potential 5.53% Upside - FTSE News (LON:DRX)
www.ftsenews.co.uk - June 14 at 9:33 AM
capitalcube.com logoDrax Group Plc breached its 50 day moving average in a Bearish Manner : DRX-GB : June 13, 2016 (LON:DRX)
www.capitalcube.com - June 13 at 4:50 AM
reuters.com logoOfgem weighing up National Grid's cost recovery plea - Reuters UK (LON:DRX)
uk.reuters.com - June 8 at 10:20 AM
News IconWere Analysts Bullish Drax Group Plc (LON:DRX) This Week? - HNN (LON:DRX)
hintsnewsnetwork.com - June 3 at 4:54 PM
capitalcube.com logoDrax Group Plc – Value Analysis (LONDON:DRX) : June 3, 2016 (LON:DRX)
www.capitalcube.com - June 3 at 2:32 PM
News IconBarclays Reaffirms Overweight Rating for Drax Group Plc (DRX) - Let Me Know About This (LON:DRX)
www.lmkat.com - June 2 at 9:41 AM
capitalcube.com logoDrax Group Plc breached its 50 day moving average in a Bearish Manner : DRX-GB : June 2, 2016 (LON:DRX)
www.capitalcube.com - June 2 at 4:39 AM
News IconDrax Group (LON:DRX) Broker Roundup - Share Trading News (LON:DRX)
www.sharetrading.news - May 26 at 9:15 AM
capitalcube.com logoDrax Group Plc : Undervalued relative to peers, but don’t ignore the other factors (LON:DRX)
www.capitalcube.com - May 20 at 4:20 PM
capitalcube.com logoETF’s with exposure to Drax Group Plc : May 19, 2016 (LON:DRX)
www.capitalcube.com - May 19 at 3:47 PM
capitalcube.com logoDrax Group Plc breached its 50 day moving average in a Bullish Manner : DRX-GB : May 18, 2016 (LON:DRX)
www.capitalcube.com - May 18 at 4:43 AM
uk.finance.yahoo.com logoFriday preview: Coca-Cola HBC reports first quarter interims (LON:DRX)
uk.finance.yahoo.com - May 12 at 1:01 PM
News IconDrax Group PLC (LON:DRX) Stock Rating Reconfirmed at Credit Suisse; The GBX 290.00 Target Indicates Infinity ... - OctaFinance.com (LON:DRX)
www.octafinance.com - March 15 at 2:47 PM
News IconCredit Suisse Reaffirms Outperform Rating for Drax Group Plc (DRX) - MicroCap Magazine (LON:DRX)
microcapmagazine.com - March 14 at 11:51 AM

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Last Updated on 9/27/2016 by MarketBeat.com Staff