LON:DRX - Drax Group Stock Price, News, & Analysis

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GBX 345 -1.80 (-0.52 %)
(As of 04/26/2019 12:00 PM ET)
Previous CloseGBX 346.80
Today's RangeGBX 342.20 - GBX 348.40
52-Week RangeGBX 292.60 - GBX 432.40
Volume1.14 million shs
Average Volume1.09 million shs
Market Capitalization£1.36 billion
P/E Ratio70.41
Dividend Yield3.73%
BetaN/A
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.

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Industry, Sector and Symbol

Industry Utilities - Independent Power Producers
Sub-IndustryN/A
SectorUtilities
CUSIPN/A
CIKN/A
Phone+44-1757-618381

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales£4.23 billion
Cash FlowGBX 72.13 per share
Book ValueGBX 449.40 per share

Profitability

Miscellaneous

Employees2,499
Market Cap£1.36 billion
Next Earnings DateN/A
OptionableNot Optionable

Drax Group (LON:DRX) Frequently Asked Questions

What is Drax Group's stock symbol?

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

How often does Drax Group pay dividends? What is the dividend yield for Drax Group?

Drax Group announced a dividend on Tuesday, February 26th. Shareholders of record on Thursday, April 18th will be paid a dividend of GBX 8.50 per share on Friday, May 10th. This represents a yield of 2.28%. The ex-dividend date of this dividend is Thursday, April 18th. This is a positive change from Drax Group's previous dividend of $5.60. The official announcement can be accessed at this link. View Drax Group's Dividend History.

How were Drax Group's earnings last quarter?

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

What price target have analysts set for DRX?

9 equities research analysts have issued twelve-month target prices for Drax Group's stock. Their forecasts range from GBX 312 to GBX 460. On average, they anticipate Drax Group's stock price to reach GBX 376.17 in the next twelve months. This suggests a possible upside of 9.0% from the stock's current price. View Analyst Price Targets for Drax Group.

What is the consensus analysts' recommendation for Drax Group?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Drax Group in the last year. There are currently 2 sell ratings, 5 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Drax Group.

Has Drax Group been receiving favorable news coverage?

News coverage about DRX stock has been trending somewhat positive on Friday, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Drax Group earned a news impact score of 2.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the near term.

Who are some of Drax Group's key 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), Dechra Pharmaceuticals (DPH), Aberdeen Asset Management (ADN), Sanchez Energy (SN), Centrica (CNA), Micron Technology (MU), NVIDIA (NVDA), BBA Aviation (BBA), Burberry Group (BRBY) and GKN (GKN).

Who are Drax Group's key executives?

Drax Group's management team includes the folowing 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

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 345.

How big of a company is Drax Group?

Drax Group has a market capitalization of £1.36 billion and generates £4.23 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 http://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.


MarketBeat Community Rating for Drax Group (LON DRX)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  439 (Vote Outperform)
Underperform Votes:  528 (Vote Underperform)
Total Votes:  967
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.
This page was last updated on 4/26/2019 by MarketBeat.com Staff

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