Drax Group plc, together with its subsidiaries, engages in the generation and supply of electricity in the United Kingdom. It operates through three segments: Generation, Biomass Supply, and Retail. The company owns and operates Drax Power Station that produces electricity from biomass located in Selby, North Yorkshire. It sells its electricity to the wholesale market and business customers. In addition, the company manufactures and supplies compressed wood pellets for commercial and domestic customers for heating. 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
SymbolLON:DRX
CUSIPN/A
Phone+44-1757-618381
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins-3.80%
Return on Equity-6.96%
Return on Assets-3.66%
Miscellaneous
EmployeesN/A
Outstanding Shares406,860,000
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 announced a dividend on Tuesday, February 27th. Shareholders of record on Thursday, April 19th will be given a dividend of GBX 7.40 per share on Friday, May 11th. This represents a yield of 2.92%. The ex-dividend date of this dividend is Thursday, April 19th. This is a boost from Drax Group's previous dividend of $4.90. The official announcement can be seen at this link. View Drax Group's Dividend History.
How were Drax Group's earnings last quarter?
Drax Group Plc (LON:DRX) issued its earnings results on Tuesday, February, 27th. The company reported $0.70 earnings per share 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 negative net margin of 3.80% and a negative return on equity of 6.96%. View Drax Group's Earnings History.
What price target have analysts set for DRX?
10 analysts have issued 12-month price targets for Drax Group's shares. Their predictions range from GBX 290 to GBX 420. On average, they expect Drax Group's stock price to reach GBX 346 in the next year. View Analyst Ratings for Drax Group.
Who are some of Drax Group's key competitors?
Some companies that are related to Drax Group include Northland Power (NPI), TransAlta Renewables (RNW), TransAlta (TA), Innergex Renewable Energy (INE), Contourglobal (GLO), Boralex (BLX), Encavis (CAP), Energy World (EWC), Polaris Infrastructure (PIF), Aggregated Micro Power (AMPH), Integrated Green Energy Solutions (IGE), Ocean Thermal Energy (CPWR), H CELL ENERGY C/SH SH (HCCC), Powerhouse Energy Group (PHE) and Clean Energy Technologies (CETY).
Who are Drax Group's key executives?
Drax Group's management team includes the folowing people:
- Ms. Dorothy Carrington Thompson, Former Group CEO & Exec. Director (Age 57)
- Mr. Dwight Daniel Willard Gardiner, Group CEO & Exec. Director (Age 53)
- Mr. Andrew Robert Koss, Exec. Director & CEO of Drax Power (Age 47)
- Mr. Den G. Jones, Interim Chief Financial Officer (Age 53)
- Ms. Samantha Brook, Head of Corp. HR
Has Drax Group been receiving favorable news coverage?
Media coverage about DRX stock has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Drax Group earned a media sentiment score of 0.09 on Accern's scale. They also assigned headlines about the company an impact score of 46.07 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
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 324.40.
How big of a company is Drax Group?
Drax Group has a market capitalization of £1.13 billion.
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 (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.
