LON:DRX Drax Group (DRX) Share Price, News & Analysis GBX 653.50 +6.50 (+1.00%) (As of 08:35 AM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider Trades About Drax Group Stock (LON:DRX) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Drax Group alerts:Sign Up Key Stats Today's Range 646.50▼ 653.5050-Day Range 613▼ 67652-Week Range 407.40▼ 692Volume1.54 million shsAverage Volume1.50 million shsMarket Capitalization£2.49 billionP/E Ratio393.67Dividend Yield3.67%Price TargetGBX 761Consensus RatingModerate Buy Company OverviewDrax 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… 2025 AI Stock Picks: 2 Hidden Gems Under $10/Share (Ad)The AI sector continues to make waves as we move into 2025, and now is a prime opportunity to get involved—without stretching your budget! We’ve just uncovered 2 promising AI stocks trading for under $10/share, and they’re positioned for impressive growth in the coming months.👉[Click here to get your FREE report delivered instantly!] Drax Group Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks34th Percentile Overall ScoreDRX MarketRank™: Drax Group scored higher than 34% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.3 / 5Analyst RatingModerate Buy Consensus RatingDrax Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, no hold ratings, and 1 sell rating.Amount of Analyst CoverageDrax Group has received no research coverage in the past 90 days.Read more about Drax Group's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Drax Group is 390.66, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 127.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Drax Group is 390.66, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 98.44.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 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short InterestN/AShort Interest LevelN/A Short InterestThere is no current short interest data available for DRX. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipDrax Group is a leading dividend payer. It pays a dividend yield of 3.82%, 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 1,445.78%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Drax Group's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Short InterestThere is no current short interest data available for DRX. News and Social Media1.4 / 5News SentimentN/A News SentimentDrax Group has a news sentiment score of 0.54. 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 is a lower news sentiment than the 0.68 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 1 news article for Drax Group this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for DRX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Drax Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A 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 Institutions70.87% 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. 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 DRX Stock News HeadlinesUK's Drax forecasts annual core earnings around top end of market viewNovember 13, 2024 | reuters.comADF Group: Downside Risks Created By Record-Breaking Margins In An Industry Notorious For Abrupt Cyclical TurnsOctober 30, 2024 | seekingalpha.comBreaking News: Tesla headed to $500…That headline hit late last night…and the rally has begun Which is why we want to urge you to go ahead and download Lance’s e-Book now outlining his bullish case for Tesla. November 21, 2024 | WealthPress (Ad)Is It Too Late To Consider Buying Drax Group plc (LON:DRX)?October 14, 2024 | finance.yahoo.comBautista's Drax Is Dead - But He Could Return As Marvel's Controversial 'Space Hulk'October 6, 2024 | msn.comU.K.'s Drax eyes up to $12.5B for U.S. biomass power plants, boosted by tax breaksSeptember 25, 2024 | seekingalpha.comDrax Group's (LON:DRX) earnings growth rate lags the 23% CAGR delivered to shareholdersSeptember 25, 2024 | finance.yahoo.comDrax commits $12.5bn for US power plants as group is lured by IRA tax breaksSeptember 24, 2024 | msn.comSee More Headlines 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 beginning of 2024. Since then, DRX shares have increased by 32.4% and is now trading at GBX 648.50. View the best growth stocks for 2024 here. How were Drax Group's earnings last quarter? Drax Group plc (LON:DRX) released its quarterly earnings results on Tuesday, February, 27th. The company reported $0.70 earnings per share for the quarter, missing the consensus estimate of $1.50 by $0.80. The firm earned $3.69 billion during the quarter. Drax Group had a trailing twelve-month return on equity of 34.30% and a net margin of 8.84%. 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), Lloyds Banking Group (LLOY), SSE (SSE), Unilever (ULVR), BAE Systems (BA), Babcock International Group (BAB) and Centrica (CNA). Company Calendar Last Earnings2/27/2018Ex-Dividend for 10/25 Dividend9/19/2024Dividend Payable10/25/2024Today11/21/2024Get 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 761 High Stock Price TargetGBX 1,100 Low Stock Price TargetGBX 434 Potential Upside/Downside+17.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 1.66 Trailing P/E Ratio390.06 Forward P/E Ratio6.64 P/E Growth0.1Net Income£653.80 million Net Margins8.84% Pretax MarginN/A Return on Equity34.30% Return on Assets11.44% Debt Debt-to-Equity Ratio63.77 Current Ratio1.26 Quick Ratio0.32 Sales & Book Value Annual Sales£7.39 billion Price / Sales0.33 Cash FlowGBX 75.73 per share Price / Cash Flow8.55 Book ValueGBX 560 per share Price / Book1.16Miscellaneous Outstanding Shares380,580,000Free FloatN/AMarket Cap£2.46 billion OptionableNot Optionable Beta1.22 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! 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