LON:DRX Drax Group (DRX) Share Price, News & Analysis GBX 625 +1.00 (+0.16%) (As of 11/4/2024 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 616.50▼ 630.5050-Day Range 613▼ 66552-Week Range 403.21▼ 679.50Volume557,604 shsAverage Volume1.51 million shsMarket Capitalization£2.38 billionP/E Ratio376.51Dividend Yield3.84%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… Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown” (Ad)Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.Click here to see it because it’s a SHOCKER… Drax Group Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks39th Percentile Overall ScoreDRX MarketRank™: Drax Group scored higher than 39% 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 376.51, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 131.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Drax Group is 376.51, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 97.13.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 1.12. 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 Media1.9 / 5News Sentiment-0.61 News SentimentDrax Group has a news sentiment score of -0.61. 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 0.48 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.Search Interest2 people have searched for DRX on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows2 people have added Drax Group to their MarketBeat watchlist in the last 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 HeadlinesADF Group: Downside Risks Created By Record-Breaking Margins In An Industry Notorious For Abrupt Cyclical TurnsOctober 30, 2024 | seekingalpha.comIs It Too Late To Consider Buying Drax Group plc (LON:DRX)?October 14, 2024 | finance.yahoo.comMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.November 4, 2024 | Paradigm Press (Ad)Bautista'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.comStop handouts to polluter Drax, say campaignersSeptember 22, 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 on January 1st, 2024. Since then, DRX stock has increased by 27.6% and is now trading at GBX 625. View the best growth stocks for 2024 here. How were Drax Group's earnings last quarter? Drax Group plc (LON:DRX) issued its quarterly earnings data on Tuesday, February, 27th. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $1.50 by $0.80. The business had revenue of $3.69 billion for the quarter. Drax Group had a net margin of 8.84% and a trailing twelve-month return on equity of 34.30%. 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 Payable10/25/2024Today11/04/2024Get 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+21.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 1.66 Trailing P/E Ratio376.51 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 / Sales0.32 Cash FlowGBX 73.09 per share Price / Cash Flow8.55 Book ValueGBX 560 per share Price / Book1.12Miscellaneous Outstanding Shares380,580,000Free FloatN/AMarket Cap£2.38 billion OptionableNot Optionable Beta1.22 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report This page (LON:DRX) was last updated on 11/4/2024 by MarketBeat.com Staff From Our Partners2 sentences that change everything you THOUGHT you knew about tradingIf you're like most people, on Friday morning you'll probably follow your set routine: Wake up... eat breakfas...Investing Daily | SponsoredBill Gates’s Next Big AI Bet: StargateIn February 2016… when almost nobody was talking about artificial intelligence…. I picked Nvidia as one of ...Brownstone Research | SponsoredElection warning coming true… If you missed it, my emergency election broadcast is now available - watch it before it's too late.Porter & Company | Sponsored625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | Sponsored[Urgent] Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it a...Paradigm Press | SponsoredThe centerpiece of Trump’s crypto’s masterplan …Donald Trump wants to be America’s first crypto president. He was the keynote speaker at the recent Bitcoin...Weiss Ratings | SponsoredBlackrock’s Sending THIS Crypto Higher on PurposeDiscover the coin set to explode before 2025! Trump could trigger THIS crypto coin… Crypto 101 Media | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Drax Group plc Please log in to your account or sign up in order to add this asset to your watchlist. Share Drax Group With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.