LON:DRX Drax Group (DRX) Share Price, News & Analysis GBX 652.50 +1.50 (+0.23%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range 642▼ 65450-Day Range 492.20▼ 66752-Week Range 395.20▼ 679.50Volume622,221 shsAverage Volume1.38 million shsMarket Capitalization£2.51 billionP/E Ratio393.07Dividend Yield3.68%Price TargetGBX 761 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider Trades Get Drax Group alerts: Email Address Drax Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside16.6% UpsideGBX 761 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.30Based on 2 Articles This WeekInsider TradingAcquiring Shares£51.68 M Bought Last QuarterProj. 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.2.01 out of 5 stars 2.3 Analyst's Opinion 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 only been the subject of 2 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 3.75%, 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DRX. Previous Next 1.8 News and Social Media Coverage News SentimentDrax Group has a news sentiment score of 0.30. 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 0.61 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Drax Group this week, compared to 1 article on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Drax Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £516,800 in company stock and sold GBX 0 in company stock.Percentage Held by InsidersOnly 0.66% of the stock of Drax Group is held by insiders.Percentage Held by Institutions75.54% 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 393.07, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 124.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Drax Group is 393.07, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 70.90.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 1.17. 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 Behind the Markets"Doomsday indicator” flashing for the first time since the Great Depression...It's been a bloodbath in the markets. The seven most valuable US tech companies lost a combined $1 trillion - in a single day. And things could get a lot worse...Click here to discover how Wall Street insiders are quietly preparing for a market crash >>> 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 HeadlinesSeptember 3, 2024 | msn.comTrain marks 50 years of Drax stationAugust 29, 2024 | msn.comDrax to pay £25m penalty for data reporting breach after wood pellet probeSeptember 8, 2024 | Behind the Markets (Ad)"Doomsday indicator” flashing for the first time since the Great Depression...It's been a bloodbath in the markets. The seven most valuable US tech companies lost a combined $1 trillion - in a single day. And things could get a lot worse...August 29, 2024 | msn.comDrax to pay £25m penalty for data-reporting breach after wood-burning probeAugust 20, 2024 | uk.investing.comDrax takes on new debt through carbon emission-linked refinanceAugust 20, 2024 | marketwatch.comDrax Completes Refinancing of Credit LineAugust 10, 2024 | msn.comMore arrests at Drax Power Station during planned climate campAugust 1, 2024 | msn.comDrax powering Yorkshire Day spirit of true grit and innovationSeptember 8, 2024 | Behind the Markets (Ad)"Doomsday indicator” flashing for the first time since the Great Depression...It's been a bloodbath in the markets. The seven most valuable US tech companies lost a combined $1 trillion - in a single day. And things could get a lot worse...July 29, 2024 | markets.businessinsider.comMaintaining Hold on Drax Group plc Amid Uncertainty Over Power Station Extension and BECCS ImpactJuly 28, 2024 | finance.yahoo.comDrax Group First Half 2024 Earnings: EPS: UK£0.88 (vs UK£0.62 in 1H 2023)July 27, 2024 | msn.comDrax Group shares surge as power generation firm scores higher profitsJuly 26, 2024 | msn.comDrax seeks new handout despite £300m buybackJuly 26, 2024 | finanznachrichten.deDrax H1 Profit Climbs, Sees FY24 Adj. EBITDA At Top End Of View; Plans Buyback; Stock ClimbsJuly 26, 2024 | marketwatch.comDrax Shares Surge After Profit Jump, Improved Guidance -- UpdateJuly 26, 2024 | msn.comDrax expects profit at ‘top end’ of estimates after strong first halfJuly 26, 2024 | financialpost.comUK Biomass Generator Drax to Return £300 Million in BuybacksJuly 24, 2024 | msn.comBeing a Technical Apprentice at Drax: learn about my experienceSee 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 Earnings2/27/2018Today9/08/2024Ex-Dividend for 10/25 Dividend9/19/2024Dividend Payable10/25/2024Get 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+16.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 1.66 Trailing P/E Ratio393.07 Forward P/E Ratio6.41 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 / Sales0.34 Cash FlowGBX 76.31 per share Price / Cash Flow8.55 Book ValueGBX 560 per share Price / Book1.17Miscellaneous Outstanding Shares384,070,000Free FloatN/AMarket Cap£2.51 billion OptionableNot Optionable Beta1.22 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.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 CompetitorsInsidersRob ShuterBought 80,000 shares on 7/31/2024Total: £51.68 M ($646.00/share)Andy 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 on January 1st, 2024. Since then, DRX shares have increased by 33.2% and is now trading at GBX 652.50. View the best growth stocks for 2024 here. 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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.50 by $0.80. The company 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), 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 9/8/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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