Drax Group PLC (GB:DRX)
LSE:DRX
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DRX Stock Chart & Stats
839.60 p
-6.50 p(-1.02%)
At close: 4:00 PM EST
839.60 p
-6.50 p(-1.02%)
Day’s Range― - ―
52-Week Range613.90 p - 937.50 p
Previous CloseN/A
Volume198.40K
Average Volume (3M)1.09M
Market Cap
£2.64B
Enterprise Value3.51B
Total Cash (Recent Filing)£302.10M
Total Debt (Recent Filing)£1.15B
Price to Earnings (P/E)46.4
Beta0.93
Next Earnings
Jul 30, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield2.78%
Share Statistics
EPS (TTM)0.27
Shares Outstanding336,248,900
10 Day Avg. Volume851,735
30 Day Avg. Volume1,088,989
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.02
Price to Sales (P/S)0.00551
P/FCF Ratio0.06
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£907.16Price Target Upside8.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)0.8
Revenue Forecast (FY)£5.35B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationA multi‑year FCF target (GBP3bn 2025–31) and GBP0.5bn delivered in 2025 provide durable internal funding for buybacks, dividends and growth capex (notably BESS and optimisation). Strong FCF reduces reliance on external funding, supporting strategic optionality and financial resilience.
Improving LeverageNet debt of ~GBP784m (0.8x EBITDA) and declining total debt give the company durable balance sheet flexibility. Staying well under the ~2x target supports continued capital deployment into batteries and upgrades while maintaining headroom to absorb cyclical shocks or fund opportunistic growth.
Contracted CfD Cash FlowsA post‑2027 dispatchable CfD covering ~6TWh/year creates long‑dated, predictable revenues and materially lowers exposure to volatile wholesale prices. That stability supports investment in flexibility assets, capacity optimisation and more reliable long‑term project economics.
Bears Say
Profitability ResetMaterial margin compression and a sharp drop in net income signal a structural profitability reset. Lower margins and ROE weaken returns on incremental capital, limit retained earnings for reinvestment, and make it harder to sustainably grow distributions unless structural cost or revenue improvements persist.
Material Impairments & Pellet Margin RiskSignificant impairments tied to the Canadian pellet business, Longview and BECCS reflect structural challenges in parts of the biomass supply chain and project economics. These write‑downs reduce recoverable asset value, constrain optionality for regional expansion and signal higher execution risk.
Execution & Market Risk On Growth ProjectsGrowth initiatives (data centres, BESS expansion, BECCS) face timing, contracting and market economics uncertainty. Early‑stage development, paused projects and potential battery cannibalisation risk can delay returns, increase capital intensity and weaken forecasted cash generation from growth investments.
Drax Group plc News
DRX FAQ
What was Drax Group PLC’s price range in the past 12 months?
Drax Group PLC lowest share price was 613.90 p and its highest was 937.50 p in the past 12 months.
What is Drax Group PLC’s market cap?
Drax Group PLC’s market cap is £2.64B.
When is Drax Group PLC’s upcoming earnings report date?
Drax Group PLC’s upcoming earnings report date is Jul 30, 2026 which is in 46 days.
How were Drax Group PLC’s earnings last quarter?
Drax Group PLC released its earnings results on Feb 26, 2026. The company reported -0.405 p earnings per share for the quarter, missing the consensus estimate of 0.608 p by -1.013 p.
Is Drax Group PLC overvalued?
According to Wall Street analysts Drax Group PLC’s price is currently Undervalued.
Does Drax Group PLC pay dividends?
Drax Group PLC pays a Semiannually dividend of 17.4 p which represents an annual dividend yield of 2.78%. See more information on Drax Group PLC dividends here
What is Drax Group PLC’s EPS estimate?
Drax Group PLC’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Drax Group PLC have?
Drax Group PLC has 336,248,900 shares outstanding.
What happened to Drax Group PLC’s price movement after its last earnings report?
Drax Group PLC reported an EPS of -0.405 p in its last earnings report, missing expectations of 0.608 p. Following the earnings report the stock price went up 1.926%.
Which hedge fund is a major shareholder of Drax Group PLC?
Currently, no hedge funds are holding shares in GB:DRX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Drax Group plc Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
£907.16 (8.05% Upside)
£907.16 (8.05% Upside)
Blogger Sentiment
Bullish
GB:DRX Sentiment 100%
Sector Average 74%
Sector Average 74%
Insider Transactions
Sold Shares
Worth £787.8K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.02%
12-Months-Change
Fundamentals
Return on Equity
3.94%
Trailing 12-Months
Asset Growth
-16.58%
Trailing 12-Months
Company Description
Drax Group PLC
Drax Group plc, operating alongside its various subsidiaries, primarily focuses on generating renewable energy across the United Kingdom. Its business activities are structured into three distinct divisions: Generation, Customers, and Pellet Production. The Generation segment delivers flexible, sustainable power and critical grid support services. The Customers division offers energy management solutions and non-generation system assistance. Low-carbon fuel production is the core activity of the Pellet Production segment. Drax possesses a notable collection of power generation assets, including the 2,000-megawatt (MW) Drax Power Station in Selby, North Yorkshire, which serves as its primary facility. It also oversees the 440 MW Cruachan Power Station, a pumped-hydro storage site located in Argyll and Bute, and operates the Lanark and Galloway hydro-electric stations in southwest Scotland, which collectively supply 126 MW. In addition to power generation, the company runs the Daldowie fuel plant, converting sludge into dry, low-odour fuel pellets. Drax further manufactures and markets compressed wood pellets and supplies renewable electricity. Incorporated in 2005, Drax Group plc is headquartered in Selby, United Kingdom.
DRX Stock 12 Month Forecast
Average Price Target
907.16 p
▲(8.05% Upside)
Technical Analysis
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Options Prices
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