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Drax Group/£DRX
08:00
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12:15
14:25
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1D1W1MYTD1Y5YMAX
About Drax Group
Drax Group PLC, listed under the symbol DRX, is a United Kingdom-based renewable energy company founded in 2005. The company operates in the renewable power generation sector, specializing in sustainable biomass production and the sale of renewable electricity to businesses. Drax Group is committed to delivering reliable low-carbon power generated mainly from wood pellets to help transition towards a renewable energy future.
Ticker
£DRX
Sector
Trading on
LSE
Industry
Independent Power & Renewable Electricity Producers
Headquarters
Employees
3,551
Website
Drax Group Metrics
BasicAdvanced
£2.3B
Market cap
3.78
P/E ratio
£1.66
EPS
1.20
Beta
£0.24
Dividend rate
3.86%
Dividend yield
Price and volume
Market cap
£2.3B
Beta
1.2
52-week high
£6.80
52-week low
£4.07
Average daily volume
1.3M
Dividend rate
£0.24
Financial strength
Current ratio
1.264
Quick ratio
0.422
Long term debt to equity
57.103
Total debt to equity
63.772
Dividend payout ratio (TTM)
13.67%
Interest coverage (TTM)
9.75%
Management effectiveness
Return on assets (TTM)
11.44%
Return on equity (TTM)
34.30%
Valuation
Price to earnings (TTM)
3.784
Price to revenue (TTM)
0.329
Price to book
1.12
Price to tangible book (TTM)
1.45
Price to free cash flow (TTM)
6.073
Dividend yield (TTM)
3.86%
Growth
Revenue change (TTM)
-8.85%
Earnings per share change (TTM)
273.07%
3-year revenue growth (CAGR)
19.78%
3-year earnings per share growth (CAGR)
104.30%
3-year dividend per share growth (CAGR)
10.93%
What the Analysts think about Drax Group
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for Drax Group stock.
Drax Group Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
Drax Group Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe
FAQs
What’s the current market cap for Drax Group stock?
Drax Group (DRX) has a market cap of £2.3B as of December 22, 2024.
What is the P/E ratio for Drax Group stock?
The price to earnings (P/E) ratio for Drax Group (DRX) stock is 3.78 as of December 22, 2024.
Does Drax Group stock pay dividends?
Yes, the Drax Group (DRX) stock pays dividends to shareholders. As of December 22, 2024, the dividend rate is £0.243 and the yield is 3.86%. Drax Group has a payout ratio of 13.67% on a trailing twelve-month basis.
When is the next Drax Group dividend payment date?
The next Drax Group (DRX) dividend payment date is unconfirmed.
What is the beta indicator for Drax Group?
Drax Group (DRX) has a beta rating of 1.2. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.