S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
LON:DRX

Drax Group Share Forecast, Price & News

GBX 587.50
+3.50 (+0.60%)
(As of 01/20/2022 11:00 AM ET)
Add
Compare
Today's Range
585
595
50-Day Range
543.50
616
52-Week Range
356.20
630.50
Volume
84,168 shs
Average Volume
1.17 million shs
Market Capitalization
£2.35 billion
P/E Ratio
N/A
Dividend Yield
3.03%
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

Drax Group (LON:DRX) Sets New 1-Year High at $630.50
January 18, 2022 |  americanbankingnews.com
Drax Group (LON:DRX) Hits New 52-Week High at $612.00
December 29, 2021 |  americanbankingnews.com
Drax Group Plc : Director/PDMR Shareholding
December 23, 2021 |  markets.businessinsider.com
Best British stocks for November
October 23, 2021 |  fool.co.uk
Drax Group Plc : INTENTION TO CONDUCT AUDIT TENDER
September 30, 2021 |  markets.businessinsider.com
Don't panic buy, Britain tells consumers
September 23, 2021 |  reuters.com
Drax pays farmers to grow 'energy crops'
September 20, 2021 |  uk.finance.yahoo.com
See More Headlines

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 99.46 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
£2.35 billion
Optionable
Not Optionable

Company Calendar

Last Earnings
2/27/2018
Today
1/20/2022
Next Earnings (Estimated)
2/24/2022

MarketRank

Overall MarketRank

1.92 out of 5 stars

Analyst Opinion: 2.4Community Rank: 4.3Dividend Strength: 0.8Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -












Drax Group (LON:DRX) Frequently Asked Questions

Is Drax Group a buy right now?

5 Wall Street equities 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 equities 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 (COVID-19)?

Drax Group's stock was trading at GBX 218.40 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, DRX stock has increased by 169.0% and is now trading at GBX 587.50.
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 Thursday, February 24th 2022.
View our earnings forecast for Drax Group
.

How were Drax Group's earnings last quarter?

Drax Group plc (LON:DRX) announced its quarterly earnings data on Tuesday, February, 27th. The company reported $0.70 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.50 by $0.80. The business 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. Stockholders of record on Thursday, August 26th will be paid a dividend of GBX 7.50 per share on Friday, October 8th. This represents a dividend yield of 1.86%. The ex-dividend date 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 3.03%.
View Drax Group's dividend history.

What price target have analysts set for DRX?

5 Wall Street analysts have issued 1-year target prices for Drax Group's stock. Their forecasts range from GBX 450 to GBX 980. On average, they anticipate Drax Group's share price to reach GBX 686.20 in the next twelve months. This suggests a possible upside of 16.8% from the stock's current price.
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 587.50.

How much money does Drax Group make?

Drax Group has a market capitalization of £2.35 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 1/20/2022 by MarketBeat.com Staff

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