Drax Group plc, together with its subsidiaries, engages in the generation and supply of electricity. The company operates through three segments: Power Generation, Pellet Production, and B2B Energy Supply. It produces low carbon and renewable electricity; and provides system support services to the grid from a portfolio of biomass, hydro, gas, and coal technologies.
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Industry, Sector and Symbol
Industry Utilities - Independent Power Producers
Sub-IndustryN/A
SectorUtilities
CIKN/A
Phone+44-1757-618381
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales£4.23 billion
Profitability
Miscellaneous
Employees2,499
Next Earnings Date7/24/2019 (Estimated)
OptionableNot Optionable
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 26th. Shareholders of record on Thursday, April 18th will be paid a dividend of GBX 8.50 per share on Friday, May 10th. This represents a yield of 2.28%. The ex-dividend date of this dividend is Thursday, April 18th. This is an increase from Drax Group's previous dividend of $5.60. The official announcement can be accessed at this link. View Drax Group's Dividend History.
How were Drax Group's earnings last quarter?
Drax Group Plc (LON:DRX) released its quarterly earnings data on Tuesday, February, 27th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.50 by $0.80. The company earned $3.69 billion during the quarter. View Drax Group's Earnings History.
When is Drax Group's next earnings date?
What price target have analysts set for DRX?
11 brokers have issued 12-month target prices for Drax Group's shares. Their forecasts range from GBX 280 to GBX 460. On average, they expect Drax Group's stock price to reach GBX 362.43 in the next twelve months. This suggests a possible upside of 24.8% from the stock's current price. View Analyst Price Targets for Drax Group.
What is the consensus analysts' recommendation for Drax Group?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Drax Group in the last year. There are currently 2 sell ratings, 7 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Drax Group.
Has Drax Group been receiving favorable news coverage?
News coverage about DRX stock has trended very negative on Wednesday, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Drax Group earned a news sentiment score of -3.1 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories 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), Infratil (IFT), Innergex Renewable Energy (INE), Boralex (BLX), Contourglobal (GLO), Encavis (CAP), New Energy Solar (NEW), Polaris Infrastructure (PIF), Energy World (EWC), Genex Power (GNX), Integrated Green Energy Solutions (IGE), Windlab (WND) and Zenith Energy (ZEN).
What other stocks do shareholders of Drax Group own?
Who are Drax Group's key executives?
Drax Group's management team includes the folowing people:
- Mr. Dwight Daniel Willard Gardiner, Group CEO & Exec. Director (Age 54)
- Mr. Andrew Robert Koss, Exec. Director & CEO of Drax Power (Age 48)
- Mr. Andy Skelton, CFO & Director (Age 47)
- David McCallum, Gen. Counsel & Group Company Sec.
- Ms. Samantha Brook, Head of Corp. HR
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 290.40.
How big of a company is Drax Group?
What is Drax Group's official website?
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 (LON 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.
