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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
£2.60B
Enterprise Value3.83K
Total Cash (Recent Filing)£302.10M
Total Debt (Recent Filing)£1.08B
Price to Earnings (P/E)28.5
Beta0.92
Next Earnings
Jul 30, 2026EPS Estimate
0.36Next Dividend Ex-DateN/A
Dividend Yield5.82%
Share Statistics
EPS (TTM)0.27
Shares Outstanding336,588,230
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
£875.80Price Target Upside4.31% Upside
Rating ConsensusHold
Number of Analyst Covering5
EPS Forecast (FY)0.8
Revenue Forecast (FY)£5.28B
Bulls Say, Bears Say
Bulls Say
Cash Generation StrengthRobust operating cash flow (~£810m) and free cash flow (~£528m) create a durable internal funding base. Consistent FCF supports dividends, buybacks and targeted growth investment, reducing reliance on external financing and increasing capital allocation flexibility over the medium term.
Contracted Low‑carbon CfDThe post-2027 low‑carbon dispatchable CfD meaningfully lowers merchant price exposure by locking ~6 TWh/yr of output. This provides multi‑year revenue visibility, underpins EBITDA predictability and derisks funding and scheduling for capacity and flexibility investments.
BESS And Operational Flexibility ScaleControl of >700MW of batteries and material committed spending diversifies revenues into capacity, ancillary and optimisation services. Large BESS scale creates durable flexibility income, improves asset optimisation and hedges merchant volatility as power markets shift to value dispatchability.
Bears Say
Profitability Reset And Margin CompressionMaterial margin compression and a sharp fall in net income weaken returns and reduce internal reinvestment capacity. Persistently lower profitability strains ROE, limits the pace of organic growth funding, and increases pressure on management to prioritise capital allocation and cost improvements.
Large Impairments And Write‑downsSignificant one‑off impairments (~£385m) erode equity and reflect execution, market or regulatory setbacks in growth projects. Such write‑downs reduce balance‑sheet headroom for new investments and signal elevated risk around development‑stage technologies and international pellet operations.
Paused Canadian Growth, Constrained OptionalityHalting capital to Canadian pellets and Longview curtails geographic diversification and scale optionality. This limits the firm's ability to recover pellet margin exposure, increases concentration risk in other supply sources, and reduces near‑term upside from international biomass expansion.
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 £2.60B.
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 9 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 5.82%. See more information on Drax Group PLC dividends here
What is Drax Group PLC’s EPS estimate?
Drax Group PLC’s EPS estimate is 0.36.
How many shares outstanding does Drax Group PLC have?
Drax Group PLC has 336,588,230 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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5
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7
8
9
10
Analyst Consensus
Hold
Average Price Target:
£875.80 (4.31% Upside)
£875.80 (4.31% Upside)
Blogger Sentiment
Bullish
GB:DRX Sentiment 100%
Sector Average 69%
Sector Average 69%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.02%
12-Months-Change
Fundamentals
Return on Equity
5.82%
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
875.80 p
▲(4.31% Upside)
Technical Analysis
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