Drax Group (DRX)

Sector:

Electricity Generation and Distribution

Index:

FTSE 250

623.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 666.00p
  • 52 Week Low: 417.20p
  • Currency: UK Pounds
  • Shares Issued: 377.64m
  • Volume: 609,639
  • Market Cap: £2,352.71m
  • RiskGrade: 140

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 (31-10-2024)

1 Day Chart

6 Month Chart

6 Month Chart
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Financials

Latest F'cast
Div Yield 3.7% 0.0%
Div Cover 5.2 4.7
Op Mrgn 11.2% 10.0%
ROCE 26.5%  
Latest F'cast
P/E 5.2 5.2
PEG 0.1 2.9
Pr/Revenue 0.3 0.3
Pr/Book 1.2  
Latest F'cast
Revenue 4.5% -9.7%
PBT 919.7% -7.9%
EPS 40.5% 1.8%
DPS 10.0% 11.6%

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 7,340.13 733.47 121.74p 5.1 2.9 +2% 25.77p 0.0%
31-Dec-25 7,222.36 592.96 104.93p 5.9 n/a -14% 27.88p 0.0%
31-Dec-26 6,597.61 398.56 83.41p 7.5 n/a -20% 30.11p 0.0%

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Drax Group Company Announcements

Transaction in Own Shares 31-Oct-2024 17:37 RNS
Transaction in Own Shares 30-Oct-2024 17:31 RNS
Transaction in Own Shares 29-Oct-2024 17:50 RNS

Drax Group ShareCast News

London close: Stocks finish higher as BoE holds ... 19-Sep-2024 ShareCast
London close: Stocks mixed as investors digest f... 29-Aug-2024 ShareCast
Ofgem closes probe into Drax reporting data 29-Aug-2024 ShareCast

Drax Group Top Newspaper Links

Berry steps down as Drax chairman 19-Dec-2014 The Herald
Drax shares drop after Government wins subsidy a... 08-Aug-2014 Telegraph
Drax Group shares lose power 08-Aug-2014 Express & Star

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 623.00p
Change Today -4.00p
% Change -0.64 %
52 Week High 666.00p
52 Week Low 417.20p
Volume 609,639
Shares Issued 377.64m
Market Cap £2,352.71m
RiskGrade 140

Drax Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
37.32% above the market average37.32% above the market average37.32% above the market average37.32% above the market average37.32% 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
79.39% above the market average79.39% above the market average79.39% above the market average79.39% above the market average79.39% 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
74.56% above the market average74.56% above the market average74.56% above the market average74.56% above the market average74.56% 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
92.89% above the market average92.89% above the market average92.89% above the market average92.89% above the market average92.89% 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 31-Oct-2024

Time Volume / Share Price
16:35 2,006 @ 623.00p
16:35 1,387 @ 623.00p
16:35 481,474 @ 623.00p
16:35 11 @ 623.00p
16:35 1,063 @ 623.00p

Drax Group Key Personnel

CEO Will Gardiner
CFO Andy Skelton
Chair Andrea Bertone

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