Drax Group Plc Company Profile (LON:DRX)

About Drax Group Plc (LON:DRX)

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's segments include 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. Its business units include Drax Power, Haven Power, Drax Biomass and Billington Bioenergy. Drax Biomass provides compressed wood pellets. Haven Power supplies electricity to businesses. Billington Bioenergy supplies sustainable compressed wood pellets to provide businesses and households with renewable heat. Drax Power Station is located near Selby, North Yorkshire, connecting into the national electricity distribution grid.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Fossil Fuel Electric Utilities
  • Sub-Industry: N/A
  • Symbol: LON:DRX
  • CUSIP: N/A
  • Web: www.drax.com
Capitalization:
  • Market Cap: £1.17 billion
  • Outstanding Shares: 406,799,000
Average Prices:
  • 50 Day Moving Avg: GBX 306.44
  • 200 Day Moving Avg: GBX 321.40
  • 52 Week Range: GBX 273.10 - GBX 393.20
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.91
Sales & Book Value:
  • Annual Revenue: £3.26 billion
  • Price / Sales: 0.36
  • Book Value: GBX 4.61 per share
  • Price / Book: 0.62
Profitability:
  • EBITDA: £191.4 million
  • Net Margins: -3.80%
  • Return on Equity: -6.96%
  • Return on Assets: -3.66%
Misc:
  • Average Volume: 972,436 shs.
 

Frequently Asked Questions for Drax Group Plc (LON:DRX)

What is Drax Group Plc's stock symbol?

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

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

Drax Group Plc declared a dividend on Wednesday, July 19th. Investors of record on Thursday, September 21st will be paid a dividend of GBX 4.90 per share on Friday, October 6th. This represents a yield of 1.47%. The ex-dividend date is Thursday, September 21st. This is an increase from Drax Group Plc's previous dividend of $0.40. The official announcement can be seen at this link. View Drax Group Plc's Dividend History.

Where is Drax Group Plc's stock going? Where will Drax Group Plc's stock price be in 2017?

14 analysts have issued 12 month target prices for Drax Group Plc's shares. Their predictions range from GBX 310 to GBX 430. On average, they anticipate Drax Group Plc's stock price to reach GBX 386.07 in the next year. View Analyst Ratings for Drax Group Plc.

Who are some of Drax Group Plc's key competitors?

Who are Drax Group Plc's key executives?

Drax Group Plc's management team includes the folowing people:

  • Dorothy C. Thompson CBE, Group Chief Executive, Executive Director
  • Will Gardiner, Chief Executive Officer, Executive Director
  • Jonathan Kini, Chief Executive - Drax Retail
  • Pete Madden, Chief Executive - Drax Biomass
  • Andy Koss, Chief Executive - Drax Power, Executive Director
  • Matthew Rivers, Director of Corporate Affairs
  • David McCallum, Company Secretary
  • Philip G. Cox CBE, Non-Executive Chairman of the Board
  • David Nussbaum, Non-Executive Director
  • Tim R. Cobbold, Independent Non-Executive Director

How do I buy Drax Group Plc stock?

Shares of Drax Group Plc 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 Plc's stock price today?

One share of Drax Group Plc stock can currently be purchased for approximately GBX 287.90.


MarketBeat Community Rating for Drax Group Plc (LON DRX)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  313 (Vote Outperform)
Underperform Votes:  429 (Vote Underperform)
Total Votes:  742
MarketBeat's community ratings are surveys of what our community members think about Drax Group Plc and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Drax Group Plc (LON:DRX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: GBX 386.07
Consensus Price Target History for Drax Group Plc (LON:DRX)
Price Target History for Drax Group Plc (LON:DRX)
Analysts' Ratings History for Drax Group Plc (LON:DRX)
Show:
DateFirmActionRatingPrice TargetDetails
9/22/2017Credit Suisse GroupReiterated RatingOutperformGBX 400View Rating Details
8/18/2017Deutsche Bank AGReiterated RatingHoldView Rating Details
7/24/2017Royal Bank Of CanadaUpgradeOutperformGBX 340 -> GBX 400View Rating Details
7/24/2017J P Morgan Chase & CoLower Price TargetOverweightGBX 400 -> GBX 390View Rating Details
7/20/2017BNP ParibasReiterated RatingNeutralGBX 400View Rating Details
7/19/2017Citigroup Inc.DowngradeNeutralGBX 391 -> GBX 365View Rating Details
6/29/2017HSBC Holdings plcBoost Price TargetHoldGBX 340 -> GBX 360View Rating Details
6/27/2017MacquarieBoost Price TargetNeutralGBX 350 -> GBX 370View Rating Details
6/23/2017InvestecReiterated RatingBuyGBX 420View Rating Details
6/18/2017Barclays PLCReiterated RatingOverweightGBX 420View Rating Details
5/2/2017Jefferies Group LLCUpgradeBuyGBX 305 -> GBX 400View Rating Details
2/24/2017Morgan StanleyDowngradeUnderweightGBX 310 -> GBX 325View Rating Details
1/24/2017S&P Global Inc.DowngradeBuyGBX 380 -> GBX 430View Rating Details
12/19/2016Societe GeneraleUpgradeBuyGBX 270 -> GBX 415View Rating Details
3/11/2016Sanford C. BernsteinReiterated RatingMarket PerformGBX 250View Rating Details
2/10/2016AlphaValueUpgradeReduceGBX 223View Rating Details
12/14/2015Goldman Sachs Group, Inc. (The)UpgradeSell -> BuyView Rating Details
(Data available from 10/22/2015 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: $4.55 EPS

Dividends

Dividend History by Quarter for Drax Group Plc (LON DRX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/19/2017GBX 4.901.47%9/21/20179/21/201710/6/2017
2/16/2017€0.400.11%4/20/20174/20/20175/12/2017
7/26/2016GBX 2.100.61%9/22/20169/22/201610/7/2016
2/23/2016€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 and Institutional Ownership History for Drax Group Plc (LON:DRX)
Insider Trades by Quarter for Drax Group Plc (LON:DRX)
Insider Trades by Quarter for Drax Group Plc (LON:DRX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/26/2017Andy KossInsiderBuy15,000GBX 307£46,050
8/18/2017David NussbaumInsiderBuy7,500GBX 315£23,625
3/14/2017Andy KossInsiderSell2,643GBX 338£8,933.34
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

Headline Trends for Drax Group Plc (LON:DRX)
Latest Headlines for Drax Group Plc (LON:DRX)
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Social

Social activity is not available for this stock.

Chart

Drax Group Plc (DRX) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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