Drax Group plc, together with its subsidiaries, engages in the generation and supply of electricity in the United Kingdom. It operates through three segments: Power Generation, Pellet Production, and B2B Energy Supply. The company owns and operates Drax Power Station that produces electricity from biomass located in Selby, North Yorkshire; and develops open-cycle gas turbine projects. It also manufactures and supplies compressed wood pellets for use in electricity production. The company supplies electricity and gas to the business customers. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.
Industry, Sector and Symbol
Stock Exchange LON
Industry Utilities - Independent Power Producers
Sub-IndustryN/A
SectorUtilities
SymbolLON:DRX
CUSIPN/A
Phone+44-1757-618381
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins-3.80%
Return on Equity-6.96%
Return on Assets-3.66%
Miscellaneous
EmployeesN/A
Outstanding Shares406,860,000
Market Cap£1.13 billion
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 declared a dividend on Tuesday, July 24th. Investors of record on Thursday, September 20th will be given a dividend of GBX 5.60 per share on Friday, October 12th. This represents a dividend yield of 1.62%. The ex-dividend date is Thursday, September 20th. The official announcement can be viewed at this link. View Drax Group's Dividend History.
How were Drax Group's earnings last quarter?
Drax Group Plc (LON:DRX) issued its quarterly earnings results 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 company earned $3.69 billion during the quarter. Drax Group had a negative net margin of 3.80% and a negative return on equity of 6.96%. View Drax Group's Earnings History.
What price target have analysts set for DRX?
10 brokers have issued 1 year price objectives for Drax Group's shares. Their forecasts range from GBX 290 to GBX 410. On average, they expect Drax Group's share price to reach GBX 344.44 in the next year. This suggests that the stock has a possible downside of 7.9%. View Analyst Price Targets for Drax Group.
What is the consensus analysts' recommendation for Drax Group?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Drax Group in the last year. There are currently 6 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Drax Group.
Who are some of Drax Group's key competitors?
Some companies that are related to Drax Group include Northland Power (NPI), TransAlta Renewables (RNW), TransAlta (TA), Innergex Renewable Energy (INE), Contourglobal (GLO), Boralex (BLX), DRAX Grp PLC/ADR (DRXGY), Encavis (CAP), Energy World (EWC), Polaris Infrastructure (PIF), Aggregated Micro Power (AMPH), Integrated Green Energy Solutions (IGE), Ocean Thermal Energy (CPWR), H CELL ENERGY C/SH SH (HCCC) and Green & Smart (GSH).
Who are Drax Group's key executives?
Drax Group's management team includes the folowing people:
- Ms. Dorothy Carrington Thompson, Former Group CEO & Exec. Director (Age 57)
- Mr. Dwight Daniel Willard Gardiner, Group CEO & Exec. Director (Age 53)
- Mr. Andrew Robert Koss, Exec. Director & CEO of Drax Power (Age 47)
- Mr. Den G. Jones, Interim Chief Financial Officer (Age 53)
- Ms. Samantha Brook, Head of Corp. HR
Has Drax Group been receiving favorable news coverage?
Media headlines about DRX stock have been trending somewhat negative on Saturday, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Drax Group earned a media and rumor sentiment score of -0.03 on Accern's scale. They also gave news articles about the company an impact score of 45.02 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Drax Group.
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 373.80.
How big of a company is Drax Group?
Drax Group has a market capitalization of £1.13 billion.
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)
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.
