LON:DRX Drax Group (DRX) Share Price, News & Analysis → Putin and other countries have a plan (From Whats On Finance) (Ad) Free DRX Stock Alerts GBX 508 +13.40 (+2.71%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range 496▼ 509.5050-Day Range 417.20▼ 510.5052-Week Range 395.20▼ 655.40Volume1.36 million shsAverage Volume1.44 million shsMarket Capitalization£1.97 billionP/E Ratio365.47Dividend Yield4.53%Price TargetGBX 873.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider Trades Get Drax Group alerts: Email Address Drax Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside71.9% UpsideGBX 873.50 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.61Based on 3 Articles This WeekInsider TradingSelling Shares£7.76 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.69 out of 5 stars 3.3 Analyst's Opinion Consensus RatingDrax Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageDrax Group has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for DRX. Previous Next 1.7 Dividend Strength Dividend LeadershipDrax Group is a leading dividend payer. It pays a dividend yield of 4.59%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDrax Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Drax Group is 1,654.68%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DRX. Previous Next 3.7 News and Social Media Coverage News SentimentDrax Group has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Drax Group this week, compared to 1 article on an average week.Search Interest5 people have searched for DRX on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat Follows2 people have added Drax Group to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Drax Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £77,599.41 in company stock.Percentage Held by InsidersOnly 0.59% of the stock of Drax Group is held by insiders.Percentage Held by Institutions79.05% of the stock of Drax Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Drax Group is 365.47, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 147.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Drax Group is 365.47, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 81.38.Price to Earnings Growth RatioDrax Group has a PEG Ratio of 0.10. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioDrax Group has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPressThe system that called 2023’s top 7 stocks is at it again…Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.Just follow this link here! About Drax Group Stock (LON:DRX)Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment supplies electricity and gas to non-domestic customers. The company owns and operates Drax Power Station located in Selby, North Yorkshire; Cruachan Power Station, a pumped storage hydro station, with an installed capacity of 440 megawatts (MW) located in Argyll and Bute; and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. It also owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. In addition, the company manufactures and sells compressed wood pellets; and supplies renewable electricity. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.Read More DRX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DRX Stock News HeadlinesApril 6, 2024 | insidertrades.comDrax Group plc (LON:DRX) Insider Andy Skelton Sells 15,869 SharesApril 23, 2024 | americanbankingnews.comDrax Group (LON:DRX) Share Price Passes Above 200-Day Moving Average of $465.07April 23, 2024 | Whats On Finance (Ad)Putin and other countries have a planDid you catch that bombshell Tucker Carlson interview with Vladimir Putin? It’s not about if you like Tucker or think Putin is the devil or whatever. It's all about the fact that the US dollar might be taking a back seat... and soon. April 18, 2024 | finance.yahoo.comDrax announces carbon removals deal with C-ZeroApril 18, 2024 | finance.yahoo.comIs Now An Opportune Moment To Examine Drax Group plc (LON:DRX)?April 13, 2024 | americanbankingnews.comDrax Group (LON:DRX) Stock Price Crosses Above 200 Day Moving Average of $461.62April 4, 2024 | marketwatch.comDrax Signs New Loan Facility of GBP150 Mln to Refinance DebtApril 3, 2024 | finance.yahoo.comDrax Foundation Gives More Than $3.4 Million to Boost CommunitiesApril 23, 2024 | Whats On Finance (Ad)Putin and other countries have a planDid you catch that bombshell Tucker Carlson interview with Vladimir Putin? It’s not about if you like Tucker or think Putin is the devil or whatever. It's all about the fact that the US dollar might be taking a back seat... and soon. March 29, 2024 | finance.yahoo.comEarnings growth outpaced the notable 10% CAGR delivered to Drax Group (LON:DRX) shareholders over the last five yearsMarch 27, 2024 | msn.comHow to Get Drax in FortniteMarch 25, 2024 | msn.comCITY WHISPERS: Tactless Drax burned by its ill-timed report on the International Day of ForestsMarch 25, 2024 | uk.investing.comWind farms probed on claims customers were overcharged by £100mlnMarch 7, 2024 | investing.comDrax Group (DRX)February 29, 2024 | lse.co.ukTOP NEWS: Drax profit skyrockets as cost of sales slashed, revenue upFebruary 29, 2024 | financialpost.comDrax Left in Limbo As It Awaits UK Subsidy Decision on BiomassFebruary 28, 2024 | msn.comDrax used wood from rare Canadian forests, investigation suggestsFebruary 27, 2024 | msn.comAfter Dave Bautista Expressed Desire To Move On From Drax, He Explained Where He Stands With MarvelFebruary 27, 2024 | msn.comDave Bautista Says ‘Drax Is Over' but ‘I'm Not Done' With Superhero Movies: I Want the ‘Opportunity' to Do a ‘Bigger' and ‘Deeper Role…an Ominous Villain'February 27, 2024 | uk.finance.yahoo.comHinkley Point C delays will leave Britain facing blackouts, report warnsFebruary 17, 2024 | msn.comGuardians of the Galaxy Introduces Drax’s Nightmare-Inducing Groot-ArmorJanuary 25, 2024 | bloomberg.comDrax to Open US Business to Oversee Carbon-Capture DevelopmentJanuary 17, 2024 | msn.comUK Government gives go-ahead for CCS at Drax power stationJanuary 16, 2024 | msn.comDrax carbon capture project gets planning green light from ministersJanuary 15, 2024 | uk.finance.yahoo.com‘Green’ Tories attempt to block funding for Drax carbon capture projectDecember 22, 2023 | lse.co.ukDrax calls UK government CCUS update "important step" towards net zeroNovember 28, 2023 | msn.comDrax Project are the Kiwi band to watch with the release of second album 'Upside'See More Headlines Receive DRX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Drax Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2018Ex-Dividend for 5/17 Dividend4/18/2024Today4/23/2024Dividend Payable5/17/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeLON SectorUtilities Industry Utilities - Renewable Sub-IndustryN/A Current SymbolLON:DRX CUSIPN/A CIKN/A Webwww.drax.com Phone+44-1757-618381FaxN/AEmployees3,551Year FoundedN/APrice Target and Rating Average Stock Price TargetGBX 873.50 High Stock Price TargetGBX 1,200 Low Stock Price TargetGBX 434 Potential Upside/Downside+71.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 1.39 Trailing P/E Ratio365.47 Forward P/E Ratio4.75 P/E Growth0.1Net Income£562.20 million Net Margins6.92% Pretax MarginN/A Return on Equity33.92% Return on Assets10.15% Debt Debt-to-Equity Ratio78.72 Current Ratio1.12 Quick Ratio0.32 Sales & Book Value Annual Sales£8.13 billion Price / Sales0.24 Cash FlowGBX 59.41 per share Price / Cash Flow8.55 Book ValueGBX 513 per share Price / Book0.99Miscellaneous Outstanding Shares387,280,000Free FloatN/AMarket Cap£1.97 billion OptionableNot Optionable Beta1.14 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Dwight Daniel Willard Gardiner (Age 60)Group CEO & Executive Director Comp: $1.56MMr. Andrew Keith Skelton (Age 53)CFO & Director Comp: $923kMs. Penny SmallInterim Chief Operating OfficerMark StraffordHead of Investor RelationsMs. Hillary BergerGroup General CounselMs. Karen McKeeverChief Human Resources OfficerMr. Jason ShipstoneChief Innovation OfficerMr. Paul SheffieldChief Commercial OfficerMr. Tim ColeHead of Customer MarketingMr. Miguel Veiga-PestanaChief Sustainability OfficerMore ExecutivesKey CompetitorsPennon GroupLON:PNNContourGlobalLON:GLOTelecom PlusLON:TEPUnited Utilities GroupLON:UUCentricaLON:CNAView All CompetitorsInsidersAndy SkeltonSold 15,869 sharesTotal: £7.76 M ($489.00/share)John BaxterBought 7,500 shares on 9/26/2023Total: £3.29 M ($438.00/share)Andy SkeltonSold 168,231 sharesTotal: £102.12 M ($607.00/share)View All Insider Transactions DRX Stock Analysis - Frequently Asked Questions Should I buy or sell Drax Group stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Drax Group in the last twelve months. There are currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" DRX shares. View DRX analyst ratings or view top-rated stocks. What is Drax Group's stock price target for 2024? 4 brokerages have issued 12 month price targets for Drax Group's shares. Their DRX share price targets range from GBX 434 to GBX 1,200. On average, they expect the company's stock price to reach GBX 873.50 in the next twelve months. This suggests a possible upside of 71.9% from the stock's current price. View analysts price targets for DRX or view top-rated stocks among Wall Street analysts. How have DRX shares performed in 2024? Drax Group's stock was trading at GBX 489.70 at the beginning of the year. Since then, DRX shares have increased by 3.7% and is now trading at GBX 508. View the best growth stocks for 2024 here. 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 EPS for the quarter, missing the consensus estimate of $1.50 by $0.80. The business earned $3.69 billion during the quarter. Drax Group had a trailing twelve-month return on equity of 33.92% and a net margin of 6.92%. How often does Drax Group pay dividends? What is the dividend yield for Drax Group? Drax Group declared a dividend on Thursday, February 29th. Stockholders of record on Thursday, April 18th will be given a dividend of GBX 13.90 per share on Friday, May 17th. This represents a yield of 3.32%. The ex-dividend date of this dividend is Thursday, April 18th. This is a boost from the stock's previous dividend of GBX 9.20. The official announcement can be seen at this link. Read our dividend analysis for DRX. Is Drax Group a good dividend stock? Drax Group (LON:DRX) pays an annual dividend of GBX 23 per share and currently has a dividend yield of 4.59%. DRX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 1,654.68%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for DRX. 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), Centrica (CNA), Dechra Pharmaceuticals (DPH), 1724525 (ADN.L) (ADN), Johnson Matthey (JMAT), SharkNinja (SN), BAE Systems (BA), JD Sports Fashion (JD), BBA Aviation (BBA) and Franklin Resources (BEN). How do I buy shares of Drax Group? Shares of DRX stock 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.Compare Top Brokerages Here. This page (LON:DRX) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithSHOCKING Crypto Leak…Crypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap Profitstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingThe Next Nvidia?InvestorPlaceExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersMan Who Predicted 2008: “This Will be Worse.”Altimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Drax Group plc Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.