About Drax Group Plc (LON:DRX)
Drax 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: Utilities
- Industry: Fossil Fuel Electric Utilities
- Sub-Industry: N/A
- Symbol: LON:DRX
- CUSIP: N/A
- Web: www.drax.com
Capitalization:- Market Cap: £1.17 billion
- Outstanding Shares: 406,799,000
Average Prices:- 50 Day Moving Avg: GBX 306.44
- 200 Day Moving Avg: GBX 321.40
- 52 Week Range: GBX 273.10 - GBX 393.20
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.91
Sales & Book Value:- Annual Revenue: £3.26 billion
- Price / Sales: 0.36
- Book Value: GBX 4.61 per share
- Price / Book: 0.62
Profitability:- EBITDA: £191.4 million
- Net Margins: -3.80%
- Return on Equity: -6.96%
- Return on Assets: -3.66%
Misc:- Average Volume: 972,436 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 declared a dividend on Wednesday, July 19th. Stockholders of record on Thursday, September 21st will be paid a dividend of GBX 4.90 per share on Friday, October 6th. This represents a dividend yield of 1.47%. The ex-dividend date is Thursday, September 21st. This is an increase from Drax Group Plc's previous dividend of $0.40. The official announcement can be accessed at this link. View Drax Group Plc's Dividend History.
Where is Drax Group Plc's stock going? Where will Drax Group Plc's stock price be in 2017?
14 brokerages have issued 1-year price targets for Drax Group Plc's stock. Their predictions range from GBX 310 to GBX 430. On average, they expect Drax Group Plc's stock price to reach GBX 386.07 in the next twelve months. View Analyst Ratings for Drax Group Plc.
Who are some of Drax Group Plc's key competitors?
Some companies that are related to Drax Group Plc include MGE Energy (MGEE), El Paso Electric Company (EE), TransAlta (TA), Atlantica Yield PLC (ABY), California Water Service Group Holding (CWT), Pattern Energy Group (PEGI), American States Water Company (AWR), Shenandoah Telecommunications Co (SHEN), Northwest Natural Gas Co (NWN), Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) (EDN), NRG Yield (NYLD), Otter Tail Corporation (OTTR), TransAlta Corporation (TAC), TerraForm Power (TERP), Innergex Renewable Energy (INE), Consolidated Communications Holdings (CNSL), Chesapeake Utilities Corporation (CPK) and SJW Corporation (SJW).
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
- Will Gardiner, Chief Executive Officer, Executive Director
- Jonathan Kini, Chief Executive - Drax Retail
- Pete Madden, Chief Executive - Drax Biomass
- Andy Koss, Chief Executive - Drax Power, Executive Director
- Matthew Rivers, Director of Corporate Affairs
- David McCallum, Company Secretary
- Philip G. Cox CBE, Non-Executive Chairman of the Board
- David Nussbaum, Non-Executive Director
- Tim R. Cobbold, Independent Non-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 287.90.
MarketBeat Community Rating for Drax Group Plc (LON DRX)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.
Consensus Ratings for Drax Group Plc (LON:DRX) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 5 Hold Ratings, 8 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | GBX 386.07 |
Consensus Price Target History for Drax Group Plc (LON:DRX)
Analysts' Ratings History for Drax Group Plc (LON:DRX)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 9/22/2017 | Credit Suisse Group | Reiterated Rating | Outperform | GBX 400 |  |
| 8/18/2017 | Deutsche Bank AG | Reiterated Rating | Hold | | |
| 7/24/2017 | Royal Bank Of Canada | Upgrade | Outperform | GBX 340 -> GBX 400 | |
| 7/24/2017 | J P Morgan Chase & Co | Lower Price Target | Overweight | GBX 400 -> GBX 390 | |
| 7/20/2017 | BNP Paribas | Reiterated Rating | Neutral | GBX 400 | |
| 7/19/2017 | Citigroup Inc. | Downgrade | Neutral | GBX 391 -> GBX 365 | |
| 6/29/2017 | HSBC Holdings plc | Boost Price Target | Hold | GBX 340 -> GBX 360 | |
| 6/27/2017 | Macquarie | Boost Price Target | Neutral | GBX 350 -> GBX 370 | |
| 6/23/2017 | Investec | Reiterated Rating | Buy | GBX 420 | |
| 6/18/2017 | Barclays PLC | Reiterated Rating | Overweight | GBX 420 | |
| 5/2/2017 | Jefferies Group LLC | Upgrade | Buy | GBX 305 -> GBX 400 | |
| 2/24/2017 | Morgan Stanley | Downgrade | Underweight | GBX 310 -> GBX 325 | |
| 1/24/2017 | S&P Global Inc. | Downgrade | Buy | GBX 380 -> GBX 430 | |
| 12/19/2016 | Societe Generale | Upgrade | Buy | GBX 270 -> GBX 415 | |
| 3/11/2016 | Sanford C. Bernstein | Reiterated Rating | Market Perform | GBX 250 | |
| 2/10/2016 | AlphaValue | Upgrade | Reduce | GBX 223 | |
| 12/14/2015 | Goldman Sachs Group, Inc. (The) | Upgrade | Sell -> Buy | | |
(Data available from 10/21/2015 forward)
Earnings History for Drax Group Plc (LON:DRX)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Drax Group Plc (LON:DRX)Current Year EPS Consensus Estimate: $4.55 EPS
Dividend History by Quarter for Drax Group Plc (LON DRX)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/19/2017 | | GBX 4.90 | 1.47% | 9/21/2017 | 9/21/2017 | 10/6/2017 |
| 2/16/2017 | | €0.40 | 0.11% | 4/20/2017 | 4/20/2017 | 5/12/2017 |
| 7/26/2016 | | GBX 2.10 | 0.61% | 9/22/2016 | 9/22/2016 | 10/7/2016 |
| 2/23/2016 | | €0.60 | 0.25% | 4/21/2016 | 4/21/2016 | 5/13/2016 |
| 7/28/2015 | | GBX 5.10 | 1.84% | 9/24/2015 | 9/24/2015 | 10/9/2015 |
| 2/24/2015 | | GBX 7.20 | 1.84% | 4/23/2015 | 4/23/2015 | 5/15/2015 |
| 7/29/2014 | | GBX 4.70 | 0.67% | 9/24/2014 | 9/24/2014 | 10/10/2014 |
| 2/18/2014 | | GBX 8.90 | 1.11% | 4/23/2014 | 4/23/2014 | 5/16/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Drax Group Plc (LON:DRX)Insider Trades by Quarter for Drax Group Plc (LON:DRX)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/26/2017 | Andy Koss | Insider | Buy | 15,000 | GBX 307 | £46,050 | |
| 8/18/2017 | David Nussbaum | Insider | Buy | 7,500 | GBX 315 | £23,625 | |
| 3/14/2017 | Andy Koss | Insider | Sell | 2,643 | GBX 338 | £8,933.34 | |
| 3/7/2016 | Thompson,Dorothy | Insider | Sell | 31,995 | GBX 270 | £86,386.50 | |
| 11/15/2015 | Gardiner,Will | Insider | Buy | 21,168 | GBX 234 | £49,533.12 | |
| 6/23/2015 | Cox,Philip | Insider | Buy | 60,000 | GBX 3.64 | £2,184 | |
| 3/9/2015 | Dorothy Thompson | Insider | Sell | 57,624 | GBX 394 | £227,038.56 | |
(Data available from 1/1/2013 forward)
Headline Trends for Drax Group Plc (LON:DRX)
Latest Headlines for Drax Group Plc (LON:DRX)
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Drax Group Plc (DRX) Chart for Saturday, October, 21, 2017
