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: $4.26
  • 50 Day Moving Average: $371.557007
  • 200 Day Moving Average: $328.731995
  • 52-Week Range: £4,065,000 - GBX 224.30
  • Trailing P/E Ratio: 7.276940
  • P/E Growth: 0.880000
  • Market Cap: $1390.99B
  • Outstanding Shares: 406,500,000
Additional Links:

Analyst Ratings

Consensus Ratings for Drax Group Plc (LON:DRX) (?)
Ratings Breakdown: 3 Sell Ratings, 7 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.07)
Consensus Price Target: GBX 360.67

Analysts' Ratings History for Drax Group Plc (LON:DRX)
Show:
DateFirmActionRatingPrice TargetDetails
2/24/2017Morgan StanleyDowngradeUnderweightGBX 310 -> GBX 325View Rating Details
2/20/2017J P Morgan Chase & CoReiterated RatingOverweightView Rating Details
2/17/2017Royal Bank of CanadaBoost Price TargetUnderperformGBX 320 -> GBX 340View Rating Details
2/17/2017Deutsche Bank AGReiterated RatingHoldGBX 280 -> GBX 310View Rating Details
1/25/2017HSBC Holdings plcReiterated RatingHoldGBX 410View Rating Details
1/25/2017Credit Suisse GroupReiterated RatingOutperformGBX 425View Rating Details
1/24/2017S&P Global IncDowngradeBuyGBX 380 -> GBX 430View Rating Details
1/24/2017MacquarieBoost Price TargetNeutralGBX 313 -> GBX 350View Rating Details
1/23/2017Jefferies Group LLCBoost Price TargetUnderperformGBX 240 -> GBX 305View Rating Details
1/13/2017InvestecDowngradeHoldGBX 370 -> GBX 400View Rating Details
1/9/2017BNP ParibasBoost Price TargetNeutralGBX 340 -> GBX 400View Rating Details
12/19/2016Societe GeneraleUpgradeBuyGBX 270 -> GBX 415View Rating Details
11/25/2016Barclays PLCBoost Price Target OverweightGBX 320 -> GBX 325View Rating Details
8/24/2016Citigroup Inc.UpgradeNeutralGBX 305View 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
7/15/2015Charles StanleyReiterated RatingHoldView Rating Details
(Data available from 2/26/2015 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: $12.65 EPS

Dividends

Dividend History for Drax Group Plc (LON:DRX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/16/2017GBX 0.400.11%4/20/20174/20/20175/12/2017
7/26/2016GBX 2.100.61%9/22/20169/22/201610/7/2016
2/23/2016GBX 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
News IconDrax Group Plc's (DRX) “Hold” Rating Reiterate at the Deutsche Bank AG - Petro Global News 24 (LON:DRX)
petroglobalnews24.com - February 26 at 4:27 PM
News IconTrading Roundup: Checking Technicals for Drax Group PLC (DRX.L) - Rives Journal (LON:DRX)
rivesjournal.com - February 24 at 11:48 AM
News IconDrax Group (LON:DRX) New Price Targets - UK Market News (LON:DRX)
www.ukmarketnews.co.uk - February 24 at 11:48 AM
marketexclusive.com logoAnalyst Downgrades – Drax Group Plc (LON:DRX) Stock Gets Downgraded By Morgan Stanley from Underweight to - Market Exclusive (LON:DRX)
marketexclusive.com - February 24 at 11:48 AM
finance.yahoo.com logoEdited Transcript of DRX.L earnings conference call or presentation 16-Feb-17 9:00am GMT (LON:DRX)
finance.yahoo.com - February 23 at 4:48 PM
capitalcube.com logoDrax Group Plc breached its 50 day moving average in a Bearish Manner : DRX-GB : February 17, 2017 (LON:DRX)
www.capitalcube.com - February 23 at 4:48 PM
bloomberg.com logoU.K. Claim That Burning Biomass Is Clean Seen as `Flawed' (LON:DRX)
www.bloomberg.com - February 23 at 4:48 PM
News IconChart Review for Drax Group plc (LSE:DRX) - Benton Bulletin (LON:DRX)
bentonbulletin.com - February 23 at 3:05 AM
News IconCompany Update: Looking at the Levels for Drax Group PLC (DRX.L) - BVN (LON:DRX)
bvnewsjournal.com - February 22 at 6:44 AM
marketexclusive.com logoAnalyst Activity – JP Morgan Chase & Co Reiterates Overweight on Drax Group Plc (LON:DRX) - Market Exclusive (LON:DRX)
marketexclusive.com - February 20 at 4:29 PM
News IconCobham PLC reiterated as Neutral By JP Morgan Cazenove (LON:DRX)
latribunadecanarias.com - February 20 at 11:29 AM
proactiveinvestors.co.uk logoDrax's full year earnings hurt by challenging commodity markets (LON:DRX)
www.proactiveinvestors.co.uk - February 16 at 8:08 PM
proactiveinvestors.co.uk logoDrax's full year earnings hurt by challenging commodity markets (LON:DRX)
www.proactiveinvestors.co.uk - February 16 at 8:08 PM
rttnews.com logoDrax Group FY16 EBITDA Declines; To Review Dividend Policy - Quick Facts (LON:DRX)
www.rttnews.com - February 16 at 8:08 PM
rttnews.com logoDrax Group FY16 EBITDA Declines; To Review Dividend Policy - Quick Facts (LON:DRX)
www.rttnews.com - February 16 at 8:08 PM
marketwatch.com logoDrax 2016 profit more than triples (LON:DRX)
www.marketwatch.com - February 16 at 8:08 PM
marketwatch.com logoDrax 2016 profit more than triples (LON:DRX)
www.marketwatch.com - February 16 at 8:08 PM
News IconStock Update on Shares of Drax Group plc (LSE:DRX) - Midway Monitor (LON:DRX)
midwaymonitor.com - February 16 at 3:07 PM
News IconHow Analysts See Drax Group plc (LSE:DRX) Perform In The Year Ahead? - Simply Wall St (LON:DRX)
simplywall.st - February 16 at 3:07 PM
sg.finance.yahoo.com logoEuropean shares retreat after seven sessions of gains, Cobham plunges (LON:DRX)
sg.finance.yahoo.com - February 16 at 3:07 PM
ft.com logo[$$] UK power group Drax plays down dividend review (LON:DRX)
www.ft.com - February 16 at 3:07 PM
ft.com logo[$$] Drax dividend decision proves a drag to investors (LON:DRX)
www.ft.com - February 16 at 3:07 PM
News IconTrading Corner: Focusing in on Shares of Drax Group plc (LSE:DRX) - Benton Bulletin (LON:DRX)
bentonbulletin.com - February 15 at 3:46 AM
News IconInvestor Center: Technicals in View for Drax Group plc. (DRX.L) - Providence Standard (LON:DRX)
providencestandard.com - February 14 at 3:35 AM
News IconInvestor Sphere: Keeping an Eye on Levels for Drax Group plc. (DRX.L) - Rives Journal (LON:DRX)
rivesjournal.com - February 13 at 6:50 AM
trustnet.com logoDrax completes acquisition of Opus Energy (LON:DRX)
www.trustnet.com - February 10 at 10:16 PM
directorstalkinterviews.com logoDrax Group Plc 24.8% Potential Decrease Indicated by Deutsche Bank - DirectorsTalk Interviews (LON:DRX)
www.directorstalkinterviews.com - February 10 at 10:16 PM
News IconStock Focus: Checking Levels on Drax Group plc. (DRX.L) - The Standard (LON:DRX)
6milestandard.com - February 10 at 5:16 PM
News IconMarket Review: Indicator Watch for Drax Group plc. (DRX.L) - Baldwin Journal (LON:DRX)
baldwinjournal.com - February 9 at 10:24 PM
trustnet.com logoDrax schedules prelims (LON:DRX)
www.trustnet.com - February 9 at 5:22 PM
trustnet.com logoDrax shareholders approve Opus Energy acquisition (LON:DRX)
www.trustnet.com - February 8 at 5:18 PM
News IconChecking Moving Average and RSI Levels on Drax Group plc. (DRX.L) - Sherwood Daily (LON:DRX)
sherwooddaily.com - February 6 at 4:52 PM
uk.finance.yahoo.com logoUK's latest power capacity auction clears at 6.95 pounds/kW/yr (LON:DRX)
uk.finance.yahoo.com - February 3 at 5:10 PM
News IconInvestor Technical Review for Drax Group plc. (DRX.L) - Springdale Times (LON:DRX)
springdaletimes.com - February 1 at 5:22 PM
News IconWatching the Charts on Shares of Drax Group plc. (DRX.L) - Springdale Times (LON:DRX)
springdaletimes.com - January 26 at 6:05 PM
News IconS&P Global Gives Drax Group PLC Price Target With Potential 13.22% Upside - UK Market News (LON:DRX)
www.ukmarketnews.co.uk - January 25 at 6:00 PM
News IconRSI, CCI, and ADX Levels in View for Drax Group plc. (DRX.L) - Springdale Times (LON:DRX)
springdaletimes.com - January 23 at 10:06 PM
News IconStock Watch: Indicators in View for Drax Group plc. (DRX.L) - Springdale Times (LON:DRX)
springdaletimes.com - January 20 at 4:14 AM
News IconLiberum Capital Issues Price Target With -23.58% Downside On Pearson PLC (LON:DRX)
xboxonezone.com - January 19 at 6:09 PM
News IconEuropean Green Light for Drax Biomass Conversion (LON:DRX)
www.industrialinfo.com - January 17 at 8:18 AM
News IconDrax Group PLC (LON:DRX) Receives 'Hold' Rating From Brokers At Investec - UK Market News (LON:DRX)
www.ukmarketnews.co.uk - January 15 at 4:40 PM
stockmarketwire.com logoBroker Highlights: Utilities, ABF and Premier Oil (LON:DRX)
www.stockmarketwire.com - January 13 at 5:34 PM
News IconWeekly Broker Update – Drax Group (LON:DRX) - NewsDen (LON:DRX)
newsden.net - January 12 at 10:19 PM
proactiveinvestors.co.uk logoMore upside to Drax despite recent rally - Proactive Investors UK (LON:DRX)
www.proactiveinvestors.co.uk - January 4 at 6:26 AM
capitalcube.com logoDrax Group Plc : Fairly valued, but may deserve another look (LON:DRX)
www.capitalcube.com - December 30 at 5:13 PM
News IconHolding(s) in Company (Drax Group plc) (LON:DRX)
www.newsoneplace.com - December 22 at 9:59 PM
News IconDeutsche Bank retained Drax Group PLC (LON:DRX) as 'Hold' With ... - UK Market News (LON:DRX)
www.ukmarketnews.co.uk - December 22 at 3:39 AM
News IconDrax Group Plc (DRX) Upgraded to "Buy" at Societe Generale (LON:DRX)
www.perspectivabetica.com - December 21 at 5:34 PM
News IconFCF Score Review for Drax Group plc (LSE:DRX) - The Business Journal (LON:DRX)
belmontbusinessjournal.com - December 21 at 10:25 AM
publicnow.com logoEuropean Commission Approves CfD Contract (LON:DRX)
www.publicnow.com - December 20 at 10:53 PM

Social

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 announced a dividend on Thursday, February 16th. Investors of record on Thursday, April 20th will be paid a dividend of GBX 0.40 per share on Friday, May 12th. This represents a yield of 0.11%. The ex-dividend date is Thursday, April 20th. The official announcement can be seen at this link.

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

14 equities research analysts have issued 12 month target prices for Drax Group Plc's stock. Their predictions range from GBX 250 to GBX 430. On average, they anticipate Drax Group Plc's share price to reach GBX 360.67 in the next year.

When will Drax Group Plc announce their earnings?

Drax Group Plc is scheduled to release their next quarterly earnings announcement on Thursday, February, 16th 2017.

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.

How much does a share of Drax Group Plc stock cost?

One share of Drax Group Plc stock can currently be purchased for approximately GBX 340.90.


Last Updated on 2/26/2017 by MarketBeat.com Staff