LON:DRX - Drax Group Stock Price, Price Target & More

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GBX 338.60 +43.40 (+14.70 %)
(As of 05/25/2018 04:00 PM ET)
Previous CloseGBX 338.60
Today's RangeGBX 336.40 - GBX 342.20
52-Week RangeGBX 218 - GBX 368.70
Volume1.33 million shs
Average Volume1.09 million shs
Market Capitalization£1.13 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A

About Drax Group (LON:DRX)

Drax Group logoDrax 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.

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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 declared a dividend on Tuesday, February 27th. Stockholders of record on Thursday, April 19th will be given a dividend of GBX 7.40 per share on Friday, May 11th. This represents a dividend 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) announced its earnings results on Tuesday, February, 27th. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $1.50 by $0.80. The business had revenue of $3.69 billion for 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?

11 analysts have issued 12-month price targets for Drax Group's stock. Their forecasts range from GBX 290 to GBX 420. On average, they anticipate Drax Group's share price to reach GBX 352.73 in the next year. View Analyst Ratings for Drax Group.

Who are some of Drax Group's key competitors?

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?

News headlines about DRX stock have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Drax Group earned a media sentiment score of 0.13 on Accern's scale. They also assigned media coverage about the company an impact score of 45.30 out of 100, indicating that recent media 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 338.60.

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)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  355 (Vote Outperform)
Underperform Votes:  456 (Vote Underperform)
Total Votes:  811
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.

Analyst Ratings

Drax Group (LON:DRX) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
11 Wall Street analysts have issued ratings and price targets for Drax Group in the last 12 months. Their average twelve-month price target is GBX 352.73The high price target for DRX is GBX 420 and the low price target for DRX is GBX 290. There are currently 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.552.582.552.54
Ratings Breakdown: 0 Sell Rating(s)
5 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: GBX 352.73GBX 356.67GBX 367.27GBX 383.85

Drax Group (LON:DRX) Consensus Price Target History

Price Target History for Drax Group (LON:DRX)

Drax Group (LON:DRX) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetDetails
4/11/2018Royal Bank of CanadaLower Price TargetOutperformGBX 400 ➝ GBX 370View Rating Details
4/5/2018BNP ParibasUpgradeOutperformView Rating Details
3/23/2018Credit Suisse GroupReiterated RatingOutperformGBX 350View Rating Details
2/28/2018JPMorgan Chase & Co.Reiterated RatingOverweightGBX 350View Rating Details
2/28/2018Morgan StanleyLower Price TargetEqual weightGBX 330 ➝ GBX 300View Rating Details
1/31/2018Deutsche BankReiterated RatingHoldGBX 300View Rating Details
12/4/2017HSBCLower Price TargetHoldGBX 360 ➝ GBX 290View Rating Details
11/17/2017CitigroupReiterated RatingNeutralGBX 310View Rating Details
10/26/2017MacquarieReiterated RatingNeutralGBX 370View Rating Details
6/23/2017InvestecReiterated RatingBuyGBX 420View Rating Details
6/18/2017BarclaysReiterated RatingOverweightGBX 420View Rating Details
5/2/2017Jefferies GroupUpgradeBuyGBX 305 ➝ GBX 400View Rating Details
1/24/2017S&P GlobalDowngradeBuyGBX 380 ➝ GBX 430View Rating Details
12/19/2016Societe GeneraleUpgradeBuyGBX 270 ➝ GBX 415View Rating Details
(Data available from 5/26/2016 forward)

Earnings

Drax Group (LON:DRX) Earnings History and Estimates Chart

Earnings by Quarter for Drax Group (LON:DRX)

Drax Group (LON DRX) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2018Y 2017GBX 1.50GBX 0.70GBX 368.52 billionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Drax Group (LON:DRX) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/27/2018GBX 7.402.92%4/19/20184/19/20185/11/2018
7/19/2017GBX 4.901.47%9/21/20179/21/201710/6/2017
2/16/2017€0.400.11%4/20/20174/20/20175/12/2017
7/26/2016GBX 2.100.61%9/22/20169/22/201610/7/2016
2/23/2016€0.600.25%4/21/20164/21/20165/13/2016
7/28/2015GBX 5.101.84%9/24/20159/24/201510/9/2015
2/24/2015GBX 7.201.84%4/23/20154/23/20155/15/2015
7/29/2014GBX 4.700.67%9/24/20149/24/201410/10/2014
2/18/2014GBX 8.901.11%4/23/20144/23/20145/16/2014
(Data available from 1/1/2013 forward)

Insider Trades

Drax Group (LON DRX) Insider Trading and Institutional Ownership History

Insider Trading History for Drax Group (LON:DRX)

Drax Group (LON DRX) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/26/2018Will GardinerInsiderBuy31,386GBX 319£100,121.34
9/26/2017Andy KossInsiderBuy15,000GBX 307£46,050
8/18/2017David NussbaumInsiderBuy7,500GBX 315£23,625
3/14/2017Andy KossInsiderSell2,643GBX 338£8,933.34
3/7/2016Thompson,DorothyInsiderSell31,995GBX 270£86,386.50
11/15/2015Gardiner,WillInsiderBuy21,168GBX 234£49,533.12
6/23/2015Cox,PhilipInsiderBuy60,000GBX 3.64£2,184
3/9/2015Dorothy ThompsonInsiderSell57,624GBX 394£227,038.56
(Data available from 1/1/2013 forward)

Headlines

Drax Group (LON DRX) News Headlines

Source:
DateHeadline
Britain’s biggest CO2 emitter is building Europe’s first of a kind “negative emissions” plantBritain’s biggest CO2 emitter is building Europe’s first of a kind “negative emissions” plant
finance.yahoo.com - May 21 at 4:00 PM
Drax launches bioenergy carbon capture projectDrax launches bioenergy carbon capture project
finance.yahoo.com - May 21 at 9:51 AM
Drax pilots project that could result in carbon negative electricity productionDrax pilots project that could result in 'carbon negative' electricity production
finance.yahoo.com - May 21 at 9:51 AM
Drax Group (DRX) Given Average Rating of "Buy" by AnalystsDrax Group (DRX) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - May 10 at 3:48 AM
Insider Buying: Drax Group (DRX) Insider Buys 31,386 Shares of StockInsider Buying: Drax Group (DRX) Insider Buys 31,386 Shares of Stock
www.americanbankingnews.com - April 27 at 1:23 PM
Drax Groups (DRX) Buy Rating Reaffirmed at CitigroupDrax Group's (DRX) Buy Rating Reaffirmed at Citigroup
www.americanbankingnews.com - April 20 at 9:46 PM
Drax plans to cut cost of biomass electricity by a thirdDrax plans to cut cost of biomass electricity by a third
finance.yahoo.com - April 20 at 10:19 AM
Drax Group (DRX) Given "Overweight" Rating at JPMorgan ChaseDrax Group (DRX) Given "Overweight" Rating at JPMorgan Chase
www.americanbankingnews.com - April 17 at 9:14 PM
Deutsche Bank Reaffirms Hold Rating for Drax Group (DRX)Deutsche Bank Reaffirms Hold Rating for Drax Group (DRX)
www.americanbankingnews.com - April 17 at 8:07 PM
Drax Group (DRX) Stock Rating Reaffirmed by Deutsche BankDrax Group (DRX) Stock Rating Reaffirmed by Deutsche Bank
www.americanbankingnews.com - April 16 at 10:55 PM
Drax Group (DRX) PT Lowered to GBX 390Drax Group (DRX) PT Lowered to GBX 390
www.americanbankingnews.com - April 16 at 9:48 PM
Drax Group Plc (DRX) Receives Average Rating of "Buy" from AnalystsDrax Group Plc (DRX) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - April 15 at 3:43 AM
Drax Group Plc (DRX) to Issue Dividend Increase - GBX 7.40 Per ShareDrax Group Plc (DRX) to Issue Dividend Increase - GBX 7.40 Per Share
www.americanbankingnews.com - April 14 at 8:51 AM
Royal Bank of Canada Lowers Drax Group (DRX) Price Target to GBX 370Royal Bank of Canada Lowers Drax Group (DRX) Price Target to GBX 370
www.americanbankingnews.com - April 11 at 9:19 AM
Drax Group (DRX) Upgraded to Outperform at BNP ParibasDrax Group (DRX) Upgraded to Outperform at BNP Paribas
www.americanbankingnews.com - April 5 at 10:49 AM
Drax Group (DRX) Given "Neutral" Rating at MacquarieDrax Group (DRX) Given "Neutral" Rating at Macquarie
www.americanbankingnews.com - April 4 at 10:54 PM
Deutsche Bank Reaffirms "Hold" Rating for Drax Group (DRX)Deutsche Bank Reaffirms "Hold" Rating for Drax Group (DRX)
www.americanbankingnews.com - March 26 at 10:51 AM
Morgan Stanley Trims Drax Group (DRX) Target Price to GBX 300Morgan Stanley Trims Drax Group (DRX) Target Price to GBX 300
www.americanbankingnews.com - March 24 at 7:52 PM
JPMorgan Chase & Co. Reaffirms Overweight Rating for Drax Group (DRX)JPMorgan Chase & Co. Reaffirms Overweight Rating for Drax Group (DRX)
www.americanbankingnews.com - March 24 at 7:20 PM
Drax Groups (DRX) "Outperform" Rating Reaffirmed at Credit Suisse GroupDrax Group's (DRX) "Outperform" Rating Reaffirmed at Credit Suisse Group
www.americanbankingnews.com - March 23 at 7:22 PM
Drax Group Plc (DRX) Receives Consensus Rating of "Buy" from BrokeragesDrax Group Plc (DRX) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - March 21 at 3:46 AM
Edited Transcript of DRX.L earnings conference call or presentation 27-Feb-18 9:00am GMTEdited Transcript of DRX.L earnings conference call or presentation 27-Feb-18 9:00am GMT
finance.yahoo.com - March 18 at 9:59 AM
Drax Group (DRX) Stock Rating Reaffirmed by Credit Suisse GroupDrax Group (DRX) Stock Rating Reaffirmed by Credit Suisse Group
www.americanbankingnews.com - March 5 at 10:30 AM
Drax Group (DRX) Lifted to "Outperform" at BNP ParibasDrax Group (DRX) Lifted to "Outperform" at BNP Paribas
www.americanbankingnews.com - March 3 at 8:54 PM
Drax Groups (DRX) "Outperform" Rating Reaffirmed at Royal Bank of CanadaDrax Group's (DRX) "Outperform" Rating Reaffirmed at Royal Bank of Canada
www.americanbankingnews.com - March 1 at 10:10 AM
British power producer Drax beats earnings expectations, shares riseBritish power producer Drax beats earnings expectations, shares rise
finance.yahoo.com - February 27 at 10:10 AM
[$$] Drax reports biomass business boosted 2017 pre-tax earnings [$$] Drax reports biomass business boosted 2017 pre-tax earnings 
finance.yahoo.com - February 27 at 10:10 AM
Drax Group (DRX) Issues Quarterly  Earnings ResultsDrax Group (DRX) Issues Quarterly Earnings Results
www.americanbankingnews.com - February 27 at 8:16 AM
Drax Group Plc (DRX) Receives Average Rating of "Hold" from BrokeragesDrax Group Plc (DRX) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - February 24 at 3:58 AM
British power capacity auction falls short of forecastsBritish power capacity auction falls short of forecasts
finance.yahoo.com - February 9 at 8:46 AM
Drax Group Plc (DRX) Given Average Rating of "Hold" by AnalystsDrax Group Plc (DRX) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - January 30 at 3:46 AM
JPMorgan Chase & Co. Reiterates Overweight Rating for Drax Group (DRX)JPMorgan Chase & Co. Reiterates Overweight Rating for Drax Group (DRX)
www.americanbankingnews.com - January 21 at 8:22 PM
British power producer Drax to complete fourth biomass unit in second half 2018British power producer Drax to complete fourth biomass unit in second half 2018
finance.yahoo.com - January 17 at 9:13 AM
Drax Group Plc (DRX) Given Average Recommendation of "Hold" by AnalystsDrax Group Plc (DRX) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - January 5 at 3:38 AM
Credit Suisse Group Cuts Drax Group (DRX) Price Target to GBX 350Credit Suisse Group Cuts Drax Group (DRX) Price Target to GBX 350
www.americanbankingnews.com - January 2 at 9:34 AM
HSBC Trims Drax Group (DRX) Target Price to GBX 290HSBC Trims Drax Group (DRX) Target Price to GBX 290
www.americanbankingnews.com - December 30 at 7:46 AM
Are Drax Group plc’s (LON:DRX) Interest Costs Too High?Are Drax Group plc’s (LON:DRX) Interest Costs Too High?
finance.yahoo.com - December 26 at 2:40 PM
Drax Group (DRX) Price Target Cut to GBX 350 by Analysts at Credit Suisse GroupDrax Group (DRX) Price Target Cut to GBX 350 by Analysts at Credit Suisse Group
www.americanbankingnews.com - December 23 at 5:04 PM
Drax Group (DRX) Rating Reiterated by J P Morgan Chase & CoDrax Group (DRX) Rating Reiterated by J P Morgan Chase & Co
www.americanbankingnews.com - December 17 at 12:08 PM
Drax Group plc (DRX) Receives Consensus Recommendation of "Hold" from BrokeragesDrax Group plc (DRX) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - December 11 at 3:38 AM
Drax Group (DRX) Price Target Cut to GBX 300 by Analysts at Deutsche BankDrax Group (DRX) Price Target Cut to GBX 300 by Analysts at Deutsche Bank
www.americanbankingnews.com - December 10 at 1:02 PM
Drax Group (DRX) PT Lowered to GBX 380 at J P Morgan Chase & CoDrax Group (DRX) PT Lowered to GBX 380 at J P Morgan Chase & Co
www.americanbankingnews.com - December 9 at 9:26 PM
Drax Groups (DRX) "Overweight" Rating Reiterated at J P Morgan Chase & CoDrax Group's (DRX) "Overweight" Rating Reiterated at J P Morgan Chase & Co
www.americanbankingnews.com - November 28 at 11:26 PM
Drax Group Plcs (DRX) Neutral Rating Reaffirmed at Citigroup Inc.Drax Group Plc's (DRX) Neutral Rating Reaffirmed at Citigroup Inc.
www.americanbankingnews.com - November 18 at 4:20 PM
Four UK power firms call for carbon price floor extensionFour UK power firms call for carbon price floor extension
finance.yahoo.com - October 22 at 10:06 PM
Drax Group Plc (DRX) Given Consensus Rating of "Buy" by BrokeragesDrax Group Plc (DRX) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - October 22 at 5:04 AM
Drax Group Plc (DRX) Insider Buys £46,050 in StockDrax Group Plc (DRX) Insider Buys £46,050 in Stock
www.americanbankingnews.com - September 27 at 10:22 AM
Drax Group Plc (DRX) Receives Average Rating of "Buy" from BrokeragesDrax Group Plc (DRX) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - September 27 at 4:42 AM
Drax Group Plcs (DRX) Outperform Rating Reiterated at Credit Suisse GroupDrax Group Plc's (DRX) Outperform Rating Reiterated at Credit Suisse Group
www.americanbankingnews.com - September 22 at 12:00 PM
[$$] How shy and retiring Dorothy took Drax-tic action[$$] How shy and retiring Dorothy took Drax-tic action
finance.yahoo.com - September 22 at 8:52 AM

SEC Filings

Drax Group (LON:DRX) SEC Filings

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Social Media

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Chart

Drax Group (LON DRX) Stock Chart for Saturday, May, 26, 2018

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This page was last updated on 5/26/2018 by MarketBeat.com Staff

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