Drax Group (DRX)

Sector:

Electricity Generation and Distribution

Index:

FTSE 250

662.50p
   
  • Change Today:
    -4.00p
  • 52 Week High: 678.03
  • 52 Week Low: 417.20
  • Currency: UK Pounds
  • Shares Issued: 375.30m
  • Volume: 1,893,075
  • Market Cap: £2,486.38m
  • RiskGrade: 140
  • Beta: 1.23

Drax Group Overview

Drax Group is a renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. Drax operates a generation portfolio of sustainable biomass, hydro-electric and pumped hydro storage assets across four sites in England and Scotland. It is the UK’s largest source of renewable electricity. The company also operates a global bioenergy supply business with manufacturing facilities at 13 sites in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia.

1 Day Chart (13-11-2024)

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 3.5% 0.0%
Div Cover 5.2 4.7
Op Mrgn 11.2% 10.3%
ROCE 26.5%  
Latest F'cast
P/E 5.5 5.4
PEG 0.1 3.0
Pr/Revenue 0.3 0.3
Pr/Book 1.3  
Latest F'cast
Revenue 4.5% -11.1%
PBT 919.7% -7.0%
EPS 40.5% 1.8%
DPS 10.0% 11.7%

Drax Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-19 4,467.60 (15.60) 24.90p 12.6 0.1 +139% 15.90p 5.1%
31-Dec-20 4,244.70 (234.70) 24.30p 15.4 n/a -2% 17.10p 4.6%
31-Dec-21 5,088.00 121.50 22.30p 27.1 n/a -8% 18.80p 3.1%
31-Dec-22 7,775.30 78.10 85.10p 8.3 0.0 +282% 21.00p 3.0%
31-Dec-23 8,125.30 796.40 119.60p 4.1 0.1 +40% 23.10p 4.7%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Drax Group Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-24 7,223.59 741.04 121.74p 5.4 3.0 +2% 25.80p 0.0%
31-Dec-25 7,153.19 585.48 104.93p 6.3 n/a -14% 28.18p 0.0%
31-Dec-26 6,534.56 376.24 81.38p 8.1 n/a -22% 30.56p 0.0%

Copyright © 2024 FactSet Research Systems Inc. All rights reserved.

Drax Group Company Announcements

Transaction in Own Shares 13-Nov-2024 18:20 RNS
Transaction in Own Shares 12-Nov-2024 18:16 RNS
Trading Update 12-Nov-2024 07:00 RNS

Latest Drax Group Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Drax Group Market Data

Currency UK Pounds
Share Price 662.50p
Change Today -4.00p
% Change -0.60 %
52 Week High 678.03
52 Week Low 417.20
Volume 1,893,075
Shares Issued 375.30m
Market Cap £2,486.38m
Beta 1.23
RiskGrade 140

Drax Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
30.11% above the market average30.11% above the market average30.11% above the market average30.11% above the market average30.11% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Price Trend
83.88% above the market average83.88% above the market average83.88% above the market average83.88% above the market average83.88% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Income
68.73% above the market average68.73% above the market average68.73% above the market average68.73% above the market average68.73% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
92.72% above the market average92.72% above the market average92.72% above the market average92.72% above the market average92.72% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 2
Sell 0
Strong Sell 1
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Drax Group Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Sep-24 18-Apr-24
Paid 25-Oct-24 17-May-24
Amount 10.40p 13.90p

Trades for 13-Nov-2024

Time Volume / Share Price
15:00 426,805 @ 672.00p
17:13 23,527 @ 665.38p
16:35 557,269 @ 662.50p
16:35 3,816 @ 662.50p
16:35 694 @ 662.50p

Drax Group Key Personnel

CEO Will Gardiner
CFO Andy Skelton
Chair Andrea Bertone

Top of Page