Drax Group/DRX

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09:10
11:15
13:25
15:30
1D1W1MYTD1YMAX

About Drax Group

Ticker

DRX

Sector

Utilities

Trading on

LSE

Industry

Independent Power and Renewable Electricity Producers

CEO

-

Employees

3,551

Headquarters

Selby, United Kingdom

Drax Group Metrics

BasicAdvanced
£1.9B
Market cap
3.55
P/E ratio
£1.40
EPS
1.14
Beta
£0.23
Dividend rate
4.67%
Dividend yield
£1.9B
1.14215
£0.23
1.123
0.65
64.135
78.724
15.35%
8.49%
9.86%
33.92%
3.55
0.24
0.97
1.29
4.94
4.67%
4.50%
580.49%
24.16%
51.91%
10.54%

What the Analysts think about Drax Group

Analyst Ratings

Majority rating from 8 analysts.
Buy

Drax Group Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
8.09% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
£3.9B
-2.18%
Net income
£314M
26.60%
Profit margin
8.09%
29.44%

Drax Group Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 19.14%
QuarterlyAnnual
Q2 21
Q2 22
Actual
£0.14
£0.19
Expected
£0.18
£0.16
Surprise
-18.86%
19.14%
Latest price is delayed by 15 minutes. 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 ICE Data Services and LSEG. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
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Upcoming events

No upcoming events

FAQs

What’s the current market cap for Drax Group stock?

Drax Group (DRX) has a market cap of £1.9B as of June 14, 2024.

What is the P/E ratio for Drax Group stock?

The price to earnings (P/E) ratio for Drax Group (DRX) stock is 3.55 as of June 14, 2024.

Does Drax Group stock pay dividends?

Yes, the Drax Group (DRX) stock pays dividends to shareholders. As of June 14, 2024, the dividend rate is £0.231 and the yield is 4.67%. Drax Group has a payout ratio of 15.35% 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 1.14. 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.

What is the Drax Group stock price target?

The target price for Drax Group (DRX) stock is £7.44, which is NaN% below the current price of £. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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