Drax Group plc DRX.L · Stock Open Drax Group plc in new tab
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Drax Group plc Analysis (DRX.L)
Is Drax Group plc a good investment? Drax Group plc (DRX.L) is currently trading at 785.50 GBX. Market analysts have a consensus price target of 923.22 GBX. This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 98.19. This high multiple suggests investors have priced in significant future growth expectations.
Earnings Schedule: Drax Group plc is expected to release its next earnings report on July 30, 2026. The market consensus estimate for Forward EPS is 0.56.
For income investors, Drax Group plc pays a dividend yield of 3.66%. With a payout ratio of 341%, the dividend appears to be under pressure.
Investor FAQ
Does Drax Group plc pay a dividend?
Yes, it pays an annual dividend of 0.30 GBX (3.66% yield).
What asset class is Drax Group plc?
Drax Group plc is classified as a Stock. You can compare it against 4 other assets in the "Related Symbols" list on this page.
When is the next earnings date?
The next earnings date is projected to be July 30, 2026. The company currently has a trailing EPS of 0.08.
Company Profile
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. The company operates through four segments: Pellet Production, Biomass Generation, Flexible Generation, and Energy Solutions. The company provides renewable, dispatchable power, and system support services. It is involved in production and sale of biomass pellets; generation and sale of electricity from biomass assets, pumped storage, run-of-river hydro, and OCGTs assets; and processing and sale of waste-derived pellets, as well as supply of electricity to non-domestic customers. The company owns and operates Drax Power Station located in Selby, North Yorkshire; Cruachan Power Station, a pumped storage hydro station, with an installed capacity of 440 megawatts (MW) located in Argyll and Bute; and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in south-west Scotland. In addition, it owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. Further, the company manufactures and sells compressed wood pellets; and supplies renewable electricity. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.
| Year | Total Dividends |
|---|---|
| ▸2027 |
19.14 GBX
|
| May 21, 2027 (estimated) | 19.1379 |
| ▸2026 |
30.30 GBX
|
| Oct. 23, 2026 | 12.9000 |
| May 15, 2026 | 17.4000 |
| ▸2025 |
23.22 GBX
|
| Oct. 24, 2025 | 11.6000 |
| May 16, 2025 | 11.6184 |
| ▸2024 |
24.30 GBX
|
| Oct. 25, 2024 | 10.4000 |
| May 17, 2024 | 13.9000 |
| ▸2023 |
21.80 GBX
|
| Oct. 6, 2023 | 9.2000 |
| May 19, 2023 | 12.6000 |
| ▸2022 |
19.70 GBX
|
| Oct. 7, 2022 | 8.4000 |
| May 13, 2022 | 11.3000 |
| ▸2021 |
17.80 GBX
|
| Oct. 8, 2021 | 7.5000 |
| May 14, 2021 | 10.3000 |
| ▸2020 |
16.30 GBX
|
| Oct. 2, 2020 | 6.8000 |
| May 15, 2020 | 9.5000 |
| ▸2019 |
14.90 GBX
|
| Oct. 11, 2019 | 6.4000 |
| May 10, 2019 | 8.5000 |
| ▸2018 |
13.00 GBX
|
| Oct. 12, 2018 | 5.6000 |
| May 11, 2018 | 7.4000 |
| ▸2017 |
44.90 GBX
|
| Oct. 6, 2017 | 4.9000 |
| May 12, 2017 | 40.0000 |
| ▸2016 |
62.10 GBX
|
| Oct. 7, 2016 | 2.1000 |
| May 13, 2016 | 60.0000 |
| ▸2015 |
12.30 GBX
|
| Oct. 9, 2015 | 5.1000 |
| May 15, 2015 | 7.2000 |
| ▸2014 |
13.60 GBX
|
| Oct. 10, 2014 | 4.7000 |
| May 16, 2014 | 8.9000 |
| ▸2013 |
19.60 GBX
|
| Oct. 11, 2013 | 8.7000 |
| May 17, 2013 | 10.9000 |
| ▸2012 |
26.20 GBX
|
| Oct. 12, 2012 | 14.4000 |
| May 11, 2012 | 11.8000 |
| ▸2011 |
33.90 GBX
|
| Oct. 14, 2011 | 16.0000 |
| May 13, 2011 | 17.9000 |
| ▸2010 |
23.70 GBX
|
| Oct. 15, 2010 | 14.1000 |
| May 14, 2010 | 9.6000 |
| ▸2009 |
42.40 GBX
|
| Oct. 7, 2009 | 4.1000 |
| May 22, 2009 | 38.3000 |
| ▸2008 |
17.50 GBX
|
| Oct. 8, 2008 | 9.7000 |
| May 7, 2008 | 7.8000 |
| ▸2007 |
37.60 GBX
|
| Oct. 24, 2007 | 4.7000 |
| May 16, 2007 | 32.9000 |
| ▸2006 |
80.30 GBX
|
| Oct. 25, 2006 | 80.3016 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Drax Group plc | Oct 23, 2026 | Upcoming | 12.9 GBX |
| Drax Group plc | May 15, 2026 | Paid | 17.4 GBX |
| Split Date | Split Ratio to 1 |
|---|---|
| Oct. 9, 2006 | 0.91 |
| April 30, 2007 | 0.96 |
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