Drax Group (DRX)

Currency in GBP
807.50
+10.00(+1.25%)
Real-time Data·
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Fair Value
Day's Range
784.00808.50
52 wk Range
641.50937.50
Key Statistics
Bid/Ask
806.00 / 808.50
Prev. Close
797.5
Open
784
Day's Range
784-808.5
52 wk Range
641.5-937.5
Volume
12.7K
Average Volume (3m)
1.04M
1-Year Change
23.7548%
Fair Value
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Fair Value Upside
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DRX Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
923.22
Upside
+14.33%
Members' Sentiments
Bearish
Bullish
ProTips
High shareholder yield

Drax Group News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

5 Buy
4 Hold
0 Sell
Ratings:
9 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 923.22
(+14.33% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Goldman Sachs
Buy10.20+26.32%9.24Upgrade01/09/2026
UBS
Hold7.45-7.74%-Upgrade25/08/2026
JPMorgan
Buy9.60+18.89%-New Coverage21/08/2026
Jefferies
Buy8.70+7.74%9.20Maintain12/08/2026
Barclays
Buy11.20+38.70%11.00Maintain10/08/2026

Drax Group Earnings Call Summary for H1/2026

  • Drax reported H1 2026 adjusted EBITDA of £279M and EPS of £0.298, both down YoY due to lower forward power prices; shares fell 1.32% to $749.5.
  • Company raised 2029 EBITDA guidance to £650M-£800M from £600M-£700M, driven by £500M commitment to over 700MW battery storage capacity expansion.
  • Drax commissioned 300MW Hirwaun gas turbine in May, expanding portfolio to 6.1GW; targeting structural savings exceeding £150M annually by 2027.
  • Interim dividend set at £0.129/share with full-year target of £0.322/share, up 11% from 2025; share buyback program paused to fund growth initiatives.
  • Net debt stands at £1.025B with leverage at 1.3x EBITDA; capex guidance of £210M-£250M excludes acquisitions including planned Bluefield Solar deal.
Last Updated: 30/07/2026, 10:10
Read Full Transcript

Earnings

Latest Release
30/07/2026
EPS / Forecast
0.48 / --
Revenue / Forecast
2.48B / --
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.05%
Dividend Yield
3.80%
Industry Median 0.56%
Annualised payout
30.30
Paid unevenly
5-Years Growth
+11.23%
Growth Streak

Compare DRX to Peers and Sector

Metrics to compare
DRX
Peers
Sector
Relationship
P/E Ratio
141.3x17.0x11.6x
PEG Ratio
−1.490.110.02
Price/Book
1.5x1.9x1.3x
Price / LTM Sales
0.5x2.1x1.7x
Upside (Analyst Target)
12.9%17.3%17.9%
Fair Value Upside
Unlock1.3%3.0%Unlock

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.

Sector
Energy
Employees
2974

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
185.50M55.11%1.48B
Other Institutional Investors
164.47M44.89%1.31B
Public Companies & Retail Investors
0.000.00%0.00
Total
349.97M100.00%2.79B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.7.57%25,463,832203,074
Invesco Ltd.5.29%17,805,383141,998

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FAQ

What Is the Drax Group (London: DRX) Share Price Today?

The Drax Group stock price today is 807.50 GBP.

What Stock Exchange Does Drax Group (DRX) Trade On?

Drax Group is listed and trades on the London Stock Exchange.

What Is the Ticker (Stock Symbol) for Drax Group?

The stock symbol (also called a 'ticker') for Drax Group is "DRX."

Does Drax Group Pay Dividends? What’s The Current DRX Dividend Yield?

Yes, DRX Pays Dividends to its Shareholders. The current Drax Group dividend yield is 3.8%.

What Is the Current Drax Group Market Capitalisation?

As of today, Drax Group (London: DRX) market cap is 2.68B GBP.

What Is Drax Group's (DRX) Earnings Per Share (TTM)?

The Drax Group EPS is currently 0.05 (Trailing Twelve Months).

When Is the Next Drax Group Earnings Date?

Drax Group's next earnings report will be released on 25/02/2027.

Is DRX a Buy or Sell From a Technical Analyst Perspective?

Based on today's Drax Group moving averages and other technical indicators, the daily buy/sell signal for DRX stock is Strong Buy.

How Many Times Has Drax Group Stock Split?

Drax Group has split 2 times. (See the DRX stock split history page for full effective split date and price information.)

How Many Employees Does Drax Group Have?

Drax Group has 2974 employees, based on their latest Companies House report.

What is the current trading status of Drax Group (London: DRX)?

As of 07/09/2026, Drax Group (DRX) is trading at a share price of 807.50 GBP, with a previous close of 797.50 GBP. The stock has fluctuated within a day range of 784.00 GBP to 808.50 GBP, while its 52-week range spans from 641.50 GBP to 937.50 GBP.

What Is Drax Group (DRX) Price Target According to Analysts?

The average 12-month price target for Drax Group is 923.22 GBP, with a high estimate of 1120 GBP and a low estimate of 745 GBP. 5 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +14.33% Upside potential.
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