S&P 500   4,655.27
DOW   35,135.94
QQQ   399.69
S&P 500   4,655.27
DOW   35,135.94
QQQ   399.69
S&P 500   4,655.27
DOW   35,135.94
QQQ   399.69
S&P 500   4,655.27
DOW   35,135.94
QQQ   399.69
LON:DRX

Drax Group Share Forecast, Price & News

GBX 551.50
-14.50 (-2.56%)
(As of 11/30/2021 11:21 AM ET)
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Compare
Today's Range
546
558
50-Day Range
412.80
586.50
52-Week Range
321.77
589.50
Volume
224,729 shs
Average Volume
1.25 million shs
Market Capitalization
£2.20 billion
P/E Ratio
N/A
Dividend Yield
3.14%
Beta
N/A
30 days | 90 days | 365 days | Advanced Chart
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Drax Group logo

About Drax Group

Drax Group plc, together with its subsidiaries, engages in the generation and supply of electricity in the United Kingdom. The company operates through three segments: Generation, Customers, and, Pellet Production. It produces low carbon and renewable electricity; and provides system support services to the electricity grid. The company owns and operates Drax Power Station that produces electricity from biomass and coal with an installed capacity of 3,906 megawatts (MW) located in Selby, North Yorkshire; Cruachan Power Station, a pumped hydro storage station, with an installed capacity of 440 MW located in Argyll and Bute, western Scotland; and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. It also owns and operates combined cycle gas turbine power stations, including Damhead Creek power station with an installed capacity of 805 MW; Rye House power station with an installed capacity of 715 MW; Shoreham power station with an installed capacity of 420 MW; and Blackburn power station with an installed capacity of 60 MW located in England. In addition, the company owns and operates Daldowie fuel plant that processes sludge from a wastewater treatment plant and converts it into dry and low-odour fuel pellets. Further, it manufactures and sells compressed wood pellets for use in electricity production; supplies and manages electricity and gas for large industrial and commercial sector customers, as well as small businesses; and provides debt recovery services. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.

Headlines

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Industry, Sector and Symbol

Industry
Utilities - Independent Power Producers
Sub-Industry
N/A
Sector
Utilities
CIK
N/A
Fax
N/A
Employees
2,771
Year Founded
N/A

Sales & Book Value

Annual Sales
£4.30 billion
Cash Flow
GBX 101.81 per share
Book Value
GBX 334.40 per share

Profitability

Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
£2.20 billion
Optionable
Not Optionable

Company Calendar

Last Earnings
2/27/2018
Ex-Dividend
8/26/2021
Dividend Payable
10/08/2021
Today
11/30/2021
Next Earnings (Estimated)
2/23/2022

MarketRank

Overall MarketRank

1.55 out of 5 stars

Analyst Opinion: 1.4Community Rank: 4.3Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -












Drax Group (LON:DRX) Frequently Asked Questions

Is Drax Group a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Drax Group in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Drax Group stock.
View analyst ratings for Drax Group
or view top-rated stocks.

How has Drax Group's stock price been impacted by Coronavirus?

Drax Group's stock was trading at GBX 218.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DRX shares have increased by 152.5% and is now trading at GBX 551.50.
View which stocks have been most impacted by COVID-19
.

When is Drax Group's next earnings date?

Drax Group is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
View our earnings forecast for Drax Group
.

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 for the quarter, missing analysts' consensus estimates of $1.50 by $0.80. The firm had revenue of $3.69 billion for the quarter.
View Drax Group's earnings history
.

How often does Drax Group pay dividends? What is the dividend yield for Drax Group?

Drax Group declared a dividend on Thursday, July 29th. Shareholders of record on Thursday, August 26th will be given a dividend of GBX 7.50 per share on Friday, October 8th. This represents a dividend yield of 1.86%. The ex-dividend date of this dividend is Thursday, August 26th. The official announcement can be viewed at this link.
View Drax Group's dividend history
.

Is Drax Group a good dividend stock?

Drax Group pays an annual dividend of GBX 0.17 per share and currently has a dividend yield of 3.14%.
View Drax Group's dividend history.

What price target have analysts set for DRX?

5 analysts have issued 1-year price targets for Drax Group's shares. Their forecasts range from GBX 399 to GBX 650. On average, they anticipate Drax Group's stock price to reach GBX 509.80 in the next year. This suggests that the stock has a possible downside of 7.6%.
View analysts' price targets for Drax Group
or view top-rated stocks among Wall Street analysts.

Who are Drax Group's key executives?

Drax Group's management team includes the following people:
  • Mr. Dwight Daniel Willard Gardiner, Group CEO & Exec. Director (Age 56, Pay $1.13M)
  • Mr. Andy Skelton, CFO & Director (Age 49, Pay $689k)
  • Mark Strafford, Head of Investor Relations
  • Ms. Samantha Brook, Head of Corp. HR
  • Mr. Gary Williams, Head of Outage & Services Section
  • Ms. Rebecca Heaton, Group Head of Climate Change
  • Ms. Penny Small, Chief Transformation Officer
  • Mr. Jason Shipstone, Chief Innovation Officer
  • Mr. Paul Sheffield, Managing Director of Customers
  • Mr. Esa Heiskanen, Chief Officer Capital Projects

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), Sanchez Energy (SN), BAE Systems (BA), JD Sports Fashion (JD), BBA Aviation (BBA) and Franklin Resources (BEN).

What is Drax Group's stock symbol?

Drax Group trades on the London Stock Exchange (LON) under the ticker symbol "DRX."

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.
Compare Top Brokerages Here.

What is Drax Group's stock price today?

One share of DRX stock can currently be purchased for approximately GBX 551.50.

How much money does Drax Group make?

Drax Group has a market capitalization of £2.20 billion and generates £4.30 billion in revenue each year.

How many employees does Drax Group have?

Drax Group employs 2,771 workers across the globe.

What is Drax Group's official website?

The official website for Drax Group is www.drax.com.

Where are Drax Group's headquarters?

Drax Group is headquartered at Drax Power Station, SELBY, YO8 8PH, United Kingdom.

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.


This page was last updated on 11/30/2021 by MarketBeat.com Staff

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