LON:DRX Drax Group (DRX) Share Price, News & Analysis GBX 645.50 +79.00 (+13.95%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range 607▼ 657.5050-Day Range 486.20▼ 57052-Week Range 395.20▼ 657.50Volume3.58 million shsAverage Volume1.39 million shsMarket Capitalization£2.50 billionP/E Ratio464.39Dividend Yield3.56%Price TargetGBX 764.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider Trades Get Drax Group alerts: Email Address Drax Group MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside18.5% UpsideGBX 764.67 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.45Based on 13 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.79 out of 5 stars 2.2 Analyst's Opinion Consensus RatingDrax Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageDrax Group has only been the subject of 1 research reports in the past 90 days.Read more about Drax Group's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for DRX. Previous Next 1.7 Dividend Strength Dividend LeadershipDrax Group is a leading dividend payer. It pays a dividend yield of 4.63%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDrax Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Drax Group is 1,654.68%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Drax Group's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DRX. Previous Next 3.0 News and Social Media Coverage News SentimentDrax Group has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Drax Group this week, compared to 1 article on an average week.Search Interest7 people have searched for DRX on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.MarketBeat Follows1 people have added Drax Group to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Drax Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.67% of the stock of Drax Group is held by insiders.Percentage Held by Institutions77.91% of the stock of Drax Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Drax Group's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Drax Group is 464.39, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 142.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Drax Group is 464.39, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 93.54.Price to Earnings Growth RatioDrax Group has a PEG Ratio of 0.10. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioDrax Group has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe next companies to potentially benefit thanks to Nvidia are …Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.Click here to learn more. About Drax Group Stock (LON:DRX)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.Read More DRX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DRX Stock News HeadlinesJuly 27 at 5:37 AM | msn.comDrax Group shares surge as power generation firm scores higher profitsJuly 27 at 1:32 AM | americanbankingnews.comDrax Group (LON:DRX) Trading Up 12.7% Following Dividend AnnouncementJuly 27, 2024 | Weiss Ratings (Ad)Nvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.July 26 at 7:34 PM | msn.comDrax seeks new handout despite £300m buybackJuly 26 at 7:34 PM | finanznachrichten.deDrax H1 Profit Climbs, Sees FY24 Adj. EBITDA At Top End Of View; Plans Buyback; Stock ClimbsJuly 26 at 5:09 AM | marketwatch.comDrax Shares Surge After Profit Jump, Improved Guidance -- UpdateJuly 26 at 5:09 AM | msn.comDrax expects profit at ‘top end’ of estimates after strong first halfJuly 26 at 5:04 AM | financialpost.comUK Biomass Generator Drax to Return £300 Million in BuybacksJuly 27, 2024 | Weiss Ratings (Ad)Nvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.July 24 at 1:19 AM | msn.comBeing a Technical Apprentice at Drax: learn about my experienceJuly 23, 2024 | finance.yahoo.comDunelm Group And 2 Other UK Dividend Stocks To ConsiderMay 15, 2024 | msn.com'Done wonders for us': Why Drax Project is lining up local bands for upcoming tourMay 15, 2024 | msn.comDrax to power vessels with controversial biomass fuel made from treesMay 6, 2024 | msn.com9 Powers Drax The Destroyer Still Hasn't Used After 7 MoviesApril 25, 2024 | msn.comDrax canteen workers strike in LondonApril 25, 2024 | msn.comDrax describes strong first quarter amid refinancing to service maturing debtApril 18, 2024 | finance.yahoo.comDrax announces carbon removals deal with C-ZeroApril 18, 2024 | finance.yahoo.comIs Now An Opportune Moment To Examine Drax Group plc (LON:DRX)?See More Headlines Receive DRX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Drax Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2018Ex-Dividend for 5/17 Dividend4/18/2024Dividend Payable5/17/2024Today7/27/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeLON SectorUtilities Industry Utilities - Renewable Sub-IndustryN/A Current SymbolLON:DRX CUSIPN/A CIKN/A Webwww.drax.com Phone+44-1757-618381FaxN/AEmployees3,551Year FoundedN/APrice Target and Rating Average Stock Price TargetGBX 764.67 High Stock Price TargetGBX 1,100 Low Stock Price TargetGBX 434 Potential Upside/Downside+18.5%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 1.39 Trailing P/E Ratio464.39 Forward P/E Ratio6.22 P/E Growth0.1Net Income£562.20 million Net Margins6.92% Pretax MarginN/A Return on Equity33.92% Return on Assets10.15% Debt Debt-to-Equity Ratio78.72 Current Ratio1.12 Quick Ratio0.32 Sales & Book Value Annual Sales£8.13 billion Price / Sales0.31 Cash FlowGBX 75.49 per share Price / Cash Flow8.55 Book ValueGBX 513 per share Price / Book1.26Miscellaneous Outstanding Shares386,700,000Free FloatN/AMarket Cap£2.50 billion OptionableNot Optionable Beta1.15 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Dwight Daniel Willard Gardiner (Age 60)Group CEO & Executive Director Comp: $1.56MMr. Andrew Keith Skelton (Age 53)CFO & Director Comp: $923kMs. Penny SmallInterim Chief Operating OfficerMark StraffordHead of Investor RelationsMs. Hillary BergerGroup General CounselMs. Karen McKeeverChief Human Resources OfficerMr. Jason ShipstoneChief Innovation OfficerMr. Paul SheffieldChief Commercial OfficerMr. Tim ColeHead of Customer MarketingMr. Miguel Veiga-PestanaChief Sustainability OfficerMore ExecutivesKey CompetitorsInvinity Energy SystemsLON:IESGood Energy GroupLON:GOODAtomeLON:ATOMSIMEC Atlantis EnergyLON:SAEPineapple PowerLON:PNPLView All CompetitorsInsidersAndy SkeltonSold 15,869 sharesTotal: £7.76 M ($489.00/share)John BaxterBought 7,500 shares on 9/26/2023Total: £3.29 M ($438.00/share)View All Insider Transactions DRX Stock Analysis - Frequently Asked Questions How have DRX shares performed this year? Drax Group's stock was trading at GBX 489.70 at the start of the year. Since then, DRX stock has increased by 31.8% and is now trading at GBX 645.50. View the best growth stocks for 2024 here. How were Drax Group's earnings last quarter? Drax Group plc (LON:DRX) released 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 company had revenue of $3.69 billion for the quarter. Drax Group had a trailing twelve-month return on equity of 33.92% and a net margin of 6.92%. How do I buy shares of Drax Group? Shares of DRX stock 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 other stocks do shareholders of Drax Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Drax Group investors own include 32Red (TTR), Centrica (CNA), Dechra Pharmaceuticals (DPH), 1724525 (ADN.L) (ADN), Johnson Matthey (JMAT), SharkNinja (SN) and BAE Systems (BA). This page (LON:DRX) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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