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: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: LON:DRX
  • CUSIP: N/A
  • Web: N/A
Capitalization:
  • Market Cap: £1.39 billion
  • Outstanding Shares: 406,547,000
Average Prices:
  • 50 Day Moving Avg: GBX 319.87
  • 200 Day Moving Avg: GBX 336.22
  • 52 Week Range: GBX 273.10 - GBX 393.20
P/E:
  • Trailing P/E Ratio: 7.238138
  • P/E Growth: 0.660000
Sales & Book Value:
  • Annual Revenue: £2.95 billion
  • Price / Sales: 0.47
  • Book Value: GBX 5.03 per share
  • Price / Book: 0.68
Profitability:
  • EBIDTA: £140.7 million
Misc:
  • Average Volume: 1.27 million 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 announced a dividend on Thursday, February 16th. Stockholders of record on Thursday, April 20th will be paid a dividend of GBX 0.40 per share on Friday, May 12th. This represents a dividend yield of 0.11%. The ex-dividend date is Thursday, April 20th. The official announcement can be seen at this link. View Drax Group Plc's Dividend History.

When will Drax Group Plc make its next earnings announcement?

Drax Group Plc is scheduled to release their next quarterly earnings announcement on Wednesday, July, 19th 2017. View Earnings Estimates for Drax Group Plc.

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

14 analysts have issued 1-year target prices for Drax Group Plc's stock. Their predictions range from GBX 305 to GBX 430. On average, they expect Drax Group Plc's stock price to reach GBX 374.64 in the next twelve months. 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

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 342.10.


MarketBeat Community Rating for Drax Group Plc (LON DRX)
Community Ranking:  2.0 out of 5 ( )
Outperform Votes:  252 (Vote Outperform)
Underperform Votes:  375 (Vote Underperform)
Total Votes:  627
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) (?)
Ratings Breakdown: 2 Sell Ratings, 6 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: GBX 374.64

Analysts' Ratings History for Drax Group Plc (LON:DRX)
Show:
DateFirmActionRatingPrice TargetDetails
5/2/2017Jefferies Group LLCUpgradeBuyGBX 305 -> GBX 400View Rating Details
4/28/2017Barclays PLCUpgradeOverweightGBX 400 -> GBX 410View Rating Details
3/29/2017HSBC Holdings plcLower Price TargetHoldGBX 410 -> GBX 340View Rating Details
3/27/2017Credit Suisse Group AGLower Price TargetOutperformGBX 425 -> GBX 400View Rating Details
2/24/2017Morgan StanleyDowngradeUnderweightGBX 310 -> GBX 325View Rating Details
2/20/2017JPMorgan Chase & Co.Reiterated 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
1/24/2017S&P Global IncDowngradeBuyGBX 380 -> GBX 430View Rating Details
1/24/2017MacquarieBoost Price TargetNeutralGBX 313 -> GBX 350View 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
8/24/2016Citigroup IncUpgradeNeutralGBX 305View Rating Details
3/11/2016Sanford C. BernsteinReiterated RatingMarket PerformGBX 250View Rating Details
2/10/2016AlphaValueUpgradeReduceGBX 223View Rating Details
12/14/2015Goldman Sachs Group IncUpgradeSell -> BuyView Rating Details
7/15/2015Charles StanleyReiterated RatingHoldView Rating Details
(Data available from 5/29/2015 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: $9.41 EPS

Dividends

Dividend History by Quarter for Drax Group Plc (LON:DRX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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
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)
Source:
DateHeadline
americanbankingnews.com logoDrax Group Plc (DRX) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 23 at 7:48 AM
finance.yahoo.com logoDrax Group Plc – Value Analysis (LONDON:DRX) : May 11, 2017
finance.yahoo.com - May 11 at 10:29 PM
finance.yahoo.com logoDrax Group Plc breached its 50 day moving average in a Bullish Manner : DRX-GB : May 10, 2017
finance.yahoo.com - May 10 at 6:19 AM
americanbankingnews.com logoDrax Group Plc (DRX) Upgraded by Jefferies Group LLC to "Buy"
www.americanbankingnews.com - May 2 at 7:26 AM
americanbankingnews.com logoDrax Group Plc (DRX) Upgraded by Barclays PLC to Overweight
www.americanbankingnews.com - April 30 at 9:23 AM
americanbankingnews.com logoDrax Group Plc (DRX) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - April 28 at 10:38 AM
finance.yahoo.com logoDrax Group Plc : DRX-GB: Dividend Analysis : April 21st, 2017 (record date) : By the numbers : April 21, 2017
finance.yahoo.com - April 21 at 9:58 PM
americanbankingnews.com logoBNP Paribas Boosts Drax Group Plc (DRX) Price Target to GBX 400
www.americanbankingnews.com - April 15 at 6:02 PM
americanbankingnews.com logoDrax Group Plc (DRX) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - April 3 at 1:41 PM
americanbankingnews.com logoDrax Group Plc (DRX) PT Lowered to GBX 400
www.americanbankingnews.com - April 1 at 9:03 PM
americanbankingnews.com logoCredit Suisse Group AG Trims Drax Group Plc (DRX) Target Price to GBX 400
www.americanbankingnews.com - March 31 at 2:40 AM
uk.finance.yahoo.com logoNeil Woodford just bought a dividend stock you’ve probably never heard of
uk.finance.yahoo.com - March 30 at 5:15 PM
uk.finance.yahoo.com logoNeil Woodford just bought a dividend stock you’ve probably never heard of
uk.finance.yahoo.com - March 30 at 5:15 PM
americanbankingnews.com logoHSBC Holdings plc Trims Drax Group Plc (DRX) Target Price to GBX 340
www.americanbankingnews.com - March 29 at 7:44 PM
marketwatch.com logoKier posts massive profit rise; chairman to retire
www.marketwatch.com - March 23 at 5:23 PM
rttnews.com logoDrax Submits Initial Bids For Bankruptcy Auction Of Distressed Pellet Plants
www.rttnews.com - February 27 at 7:37 PM
wsj.com logo[$$] Drax Group Submitts Bids for Distressed US Pellet Plants
www.wsj.com - February 27 at 7:37 PM
finance.yahoo.com logoEdited Transcript of DRX.L earnings conference call or presentation 16-Feb-17 9:00am GMT
finance.yahoo.com - February 23 at 4:48 PM
bloomberg.com logoU.K. Claim That Burning Biomass Is Clean Seen as `Flawed'
www.bloomberg.com - February 23 at 4:48 PM
rttnews.com logoDrax Group FY16 EBITDA Declines; To Review Dividend Policy - Quick Facts
www.rttnews.com - February 16 at 8:08 PM
rttnews.com logoDrax Group FY16 EBITDA Declines; To Review Dividend Policy - Quick Facts
www.rttnews.com - February 16 at 8:08 PM
marketwatch.com logoDrax 2016 profit more than triples
www.marketwatch.com - February 16 at 8:08 PM
marketwatch.com logoDrax 2016 profit more than triples
www.marketwatch.com - February 16 at 8:08 PM
ft.com logo[$$] UK power group Drax plays down dividend review
www.ft.com - February 16 at 3:07 PM
ft.com logo[$$] Drax dividend decision proves a drag to investors
www.ft.com - February 16 at 3:07 PM
uk.finance.yahoo.com logoUK's latest power capacity auction clears at 6.95 pounds/kW/yr
uk.finance.yahoo.com - February 3 at 5:10 PM

Social

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Chart

Drax Group Plc (DRX) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff