Should I buy or sell Drax Group stock right now?

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

How have DRXGY shares performed in 2024?

Drax Group's stock was trading at $12.75 at the beginning of 2024. Since then, DRXGY stock has increased by 2.0% and is now trading at $13.00. View the best growth stocks for 2024 here .

Are investors shorting Drax Group?

Drax Group saw a decline in short interest in March. As of March 31st, there was short interest totaling 600 shares, a decline of 14.3% from the March 15th total of 700 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 6.0 days. View Drax Group's Short Interest .

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

Drax Group announced a dividend on Thursday, March 21st. Stockholders of record on Friday, April 19th will be given a dividend of $0.3105 per share on Monday, June 3rd. The ex-dividend date is Thursday, April 18th. This is an increase from the stock's previous dividend of $0.16. Read our dividend analysis for DRXGY .

Is Drax Group a good dividend stock?

Drax Group (OTCMKTS:DRXGY) pays an annual dividend of $0.32 per share and currently has a dividend yield of 3.68%. Read our dividend analysis for DRXGY .

How do I buy shares of Drax Group?

Shares of DRXGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:DRXGY

Drax Group (DRXGY) Stock Price, News & Analysis

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$13.00

0.00 (0.00%)

(As of 04/19/2024 ET)

Compare

Today's Range: $13.00
▼
$13.00
50-Day Range: $10.80
▼
$13.60
52-Week Range: $9.74
▼
$15.28

Volume: 215 shs
Average Volume: 1,387 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 2.43%
Price Target: N/A

Stock Analysis Analyst Forecasts Chart Dividend Headlines Short Interest

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About Drax Group Stock (OTCMKTS:DRXGY)

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment supplies electricity and gas to non-domestic customers. The company owns and operates Drax Power Station located in Selby, North Yorkshire; Cruachan Power Station, a pumped storage hydro station, with an installed capacity of 440 megawatts (MW) located in Argyll and Bute; and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. It also owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. In addition, the company manufactures and sells compressed wood pellets; and supplies renewable electricity. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.

DRXGY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DRXGY Stock News Headlines

April 17, 2024 | msn.com

Drax Group plc goes ex dividend tomorrow

April 16, 2024 | msn.com

Drax community fund donates to four Northampton organisations

April 19, 2024 | Crypto 101 Media (Ad)

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April 10, 2024 | seekingalpha.com

DRXGF Drax Group plc

March 12, 2024 | finance.yahoo.com

Drax Partners with LSU to Support Sustainable Forestry, Renewable Energy

March 2, 2024 | finance.yahoo.com

Is Drax Group plc's (LON:DRX) Recent Stock Performance Tethered To Its Strong Fundamentals?

March 1, 2024 | powermag.com

UK's Drax Eyes U.S. for Bioenergy CCS Expansion Drive

March 1, 2024 | seekingalpha.com

Drax Group plc Non-GAAP EPS of 119.60p

April 19, 2024 | Crypto 101 Media (Ad)

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February 29, 2024 | msn.com

Drax profits surge 66% as new report finds company still burning rare wood

February 29, 2024 | finance.yahoo.com

Britain’s biggest power station sees profits rocket after surge in energy bills

February 29, 2024 | msn.com

Drax posts massive rise in profits and looks for global growth

February 29, 2024 | marketwatch.com

Drax Profit Rises on Reduced Costs, Sees Earnings in Line With Market Views

February 29, 2024 | msn.com

Drax posts 66% jump in annual profit, raises dividend

February 28, 2024 | lse.co.uk

PRESS: Drax power station burning rare Canadian forest wood - BBC

February 28, 2024 | uk.finance.yahoo.com

Government urged to end subsidies as Drax accused of burning old forest wood

February 27, 2024 | finance.yahoo.com

Hinkley Point delays leave Britain facing blackouts, report warns

January 31, 2024 | finance.yahoo.com

Drax partners with Molpus Woodlands to fuel BECCS operations in the Southeast US

January 24, 2024 | uk.finance.yahoo.com

Britain’s biggest renewable power station faces further claim of greenwashing

January 9, 2024 | finance.yahoo.com

Drax Group plc (LON:DRX) Shares Could Be 47% Below Their Intrinsic Value Estimate

December 14, 2023 | bloomberg.com

UK Committee Questions Drax Over Use of Power Subsidy Loophole

December 5, 2023 | msn.com

Drax set for gains as it hopes to turn page on biomass farrago

November 29, 2023 | investing.com

Drax Group PLC ADR (DRXGY)

November 6, 2023 | morningstar.com

Drax Group PLC DRX

October 12, 2023 | finance.yahoo.com

Drax Group (LON:DRX) shareholder returns have been favorable, earning 61% in 3 years

September 20, 2023 | markets.businessinsider.com

Drax joins the Carbon Business Council

September 17, 2023 | finance.yahoo.com

Declining Stock and Solid Fundamentals: Is The Market Wrong About Drax Group plc (LON:DRX)?

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Company Calendar

Ex-Dividend for 6/3 Dividend: 4/18/2024
Today: 4/19/2024
Dividend Payable: 6/03/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Utilities
Industry: Utilities - Renewable
Sub-Industry: N/A
Current Symbol: OTCMKTS:DRXGY
CUSIP: N/A
CIK: N/A
Web: www.drax.com
Phone: 441757618381
Fax: N/A
Employees: 3,551
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Dwight Daniel Willard Gardiner (Age 60)
Group CEO & Executive Director
Comp: $1.97M
Ms. Penny Small
Interim Chief Operating Officer
Mark Strafford
Head of Investor Relations
Mr. Jason Shipstone
Chief Innovation Officer
Mr. Paul Sheffield
Chief Commercial Officer
Mr. Tim Cole
Head of Customer Marketing
Mr. Miguel Veiga-Pestana
Chief Sustainability Officer
Ms. Laurie Fitzmaurice
President of Global BECCS
Mr. Brett Nicholas Gladden ACIS
Group Company Secretary

Key Competitors

View All Competitors

DRXGY Stock Analysis - Frequently Asked Questions

Should I buy or sell Drax Group stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Drax Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DRXGY shares.
View DRXGY analyst ratings or view top-rated stocks.
How have DRXGY shares performed in 2024?: Drax Group's stock was trading at $12.75 at the beginning of 2024. Since then, DRXGY stock has increased by 2.0% and is now trading at $13.00.
View the best growth stocks for 2024 here.
Are investors shorting Drax Group?: Drax Group saw a decline in short interest in March. As of March 31st, there was short interest totaling 600 shares, a decline of 14.3% from the March 15th total of 700 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 6.0 days.
View Drax Group's Short Interest.
How often does Drax Group pay dividends? What is the dividend yield for Drax Group?: Drax Group announced a dividend on Thursday, March 21st. Stockholders of record on Friday, April 19th will be given a dividend of $0.3105 per share on Monday, June 3rd. The ex-dividend date is Thursday, April 18th. This is an increase from the stock's previous dividend of $0.16.
Read our dividend analysis for DRXGY.

Is Drax Group a good dividend stock?: Drax Group (OTCMKTS:DRXGY) pays an annual dividend of $0.32 per share and currently has a dividend yield of 3.68%.
Read our dividend analysis for DRXGY.
How do I buy shares of Drax Group?: Shares of DRXGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:DRXGY) was last updated on 4/19/2024 by MarketBeat.com Staff

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Drax Group (DRXGY) Stock Price, News & Analysis

About Drax Group Stock (OTCMKTS:DRXGY)

DRXGY Stock Price History

DRXGY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

DRXGY Stock Analysis - Frequently Asked Questions

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