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
Industry Utilities - Independent Power Producers
Sub-IndustryN/A
SectorUtilities
CIKN/A
Phone+44-1757-618381
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales£4.23 billion
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable
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, February 26th. Stockholders of record on Thursday, April 18th will be given a dividend of GBX 8.50 per share on Friday, May 10th. This represents a dividend yield of 2.28%. The ex-dividend date is Thursday, April 18th. This is a positive change from Drax Group's previous dividend of $5.60. The official announcement can be accessed at this link. View Drax Group's Dividend History.
How were Drax Group's earnings last quarter?
Drax Group Plc (LON:DRX) released its quarterly earnings results on Tuesday, February, 27th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.50 by $0.80. The company had revenue of $3.69 billion for the quarter. View Drax Group's Earnings History.
What price target have analysts set for DRX?
10 brokerages have issued 12-month price objectives for Drax Group's shares. Their predictions range from GBX 312 to GBX 460. On average, they expect Drax Group's stock price to reach GBX 376.17 in the next twelve months. This suggests a possible upside of 0.8% from the stock's current price. 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 2 sell ratings, 5 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Drax Group.
Has Drax Group been receiving favorable news coverage?
Press coverage about DRX stock has been trending positive on Monday, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Drax Group earned a coverage optimism score of 2.3 on InfoTrie's scale. They also gave headlines about the company a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an impact on the stock's share price in the near term.
Who are some of Drax Group's key competitors?
Some companies that are related to Drax Group include Mercury NZ (MCY), Contact Energy (CEN), Northland Power (NPI), TransAlta Renewables (RNW), TransAlta (TA), Infratil (IFT), Innergex Renewable Energy (INE), Boralex (BLX), Contourglobal (GLO), New Energy Solar (NEW), Energy World (EWC), Polaris Infrastructure (PIF), Integrated Green Energy Solutions (IGE), Genex Power (GNX) and Aggregated Micro Power (AMPH).
What other stocks do shareholders of Drax Group own?
Who are Drax Group's key executives?
Drax Group's management team includes the folowing people:
- Mr. Dwight Daniel Willard Gardiner, Group CEO & Exec. Director (Age 54)
- Mr. Andrew Robert Koss, Exec. Director & CEO of Drax Power (Age 48)
- Mr. Andy Skelton, Chief Financial Officer (Age 47)
- David McCallum, Gen. Counsel & Group Company Sec.
- Ms. Samantha Brook, Head of Corp. HR
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 373.20.
How big of a company is Drax Group?
Drax Group has a market capitalization of £1.47 billion and generates £4.23 billion in revenue each year.
What is Drax Group's official website?
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.
