NASDAQ:CSX

CSX (CSX) Stock Price, News & Analysis

$34.38
-0.12 (-0.35%)
(As of 05/10/2024 ET)
Today's Range
$34.25
$34.69
50-Day Range
$33.20
$38.38
52-Week Range
$29.03
$40.12
Volume
7.83 million shs
Average Volume
14.12 million shs
Market Capitalization
$67.21 billion
P/E Ratio
18.89
Dividend Yield
1.40%
Price Target
$38.00

CSX MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
10.5% Upside
$38.00 Price Target
Short Interest
Healthy
1.63% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-7.32
Upright™ Environmental Score
News Sentiment
0.38mentions of CSX in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.28%
From $1.95 to $2.17 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.66 out of 5 stars

Transportation Sector

18th out of 117 stocks

Railroads, Line - Haul Operating Industry

2nd out of 5 stocks

CSX stock logo

About CSX Stock (NASDAQ:CSX)

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. In addition, the company provides intermodal services through a network of approximately 30 terminals transporting manufactured consumer goods in containers; and drayage services, including the pickup and delivery of intermodal shipments. It serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products, such as plastics and ethanol from rail to trucks. The company operates approximately 20,000 route mile rail network, which serves various population centers in 26 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 3,500 locomotives. It serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.

CSX Stock Price History

CSX Stock News Headlines

CSX Co.: The Railroad Powering Ahead with an Earnings Beat
CSX Corporation NASDAQ: CSX is a leading North American freight railroad operator. The railroad and railway sub-sector operates within the broader transportation sector.
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
CSX Corporation, a major freight railroad, exceeded analyst expectations with its strong first-quarter 2024 earnings report.
The Crypto 9-5 Escape Plan
A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.
CSX declares $0.12 dividend
CSX Corporation Declares Quarterly Dividend
The Crypto 9-5 Escape Plan
A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.
Anne Chow Elected to CSX Board of Directors
CSX Apr 2024 30.000 put
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/28/2024
Dividend Payable
3/15/2024
Last Earnings
4/17/2024
Today
5/12/2024
Ex-Dividend for 6/14 Dividend
5/30/2024
Dividend Payable
6/14/2024
Next Earnings (Estimated)
7/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Railroads, line - haul operating
Sub-Industry
N/A
Current Symbol
NASDAQ:CSX
Employees
23,000
Year Founded
1827

Price Target and Rating

Average Stock Price Target
$38.00
High Stock Price Target
$44.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+10.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
16 Analysts

Profitability

Net Income
$3.72 billion
Pretax Margin
32.61%

Debt

Sales & Book Value

Annual Sales
$14.66 billion
Cash Flow
$2.69 per share
Book Value
$6.45 per share

Miscellaneous

Outstanding Shares
1,954,930,000
Free Float
1,944,175,000
Market Cap
$67.21 billion
Optionable
Optionable
Beta
1.19

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CSX Stock Analysis - Frequently Asked Questions

Should I buy or sell CSX stock right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CSX in the last year. There are currently 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CSX shares.
View CSX analyst ratings
or view top-rated stocks.

What is CSX's stock price target for 2024?

16 Wall Street analysts have issued 12-month target prices for CSX's shares. Their CSX share price targets range from $25.00 to $44.00. On average, they predict the company's stock price to reach $38.00 in the next year. This suggests a possible upside of 10.5% from the stock's current price.
View analysts price targets for CSX
or view top-rated stocks among Wall Street analysts.

How have CSX shares performed in 2024?

CSX's stock was trading at $34.67 at the start of the year. Since then, CSX stock has decreased by 0.8% and is now trading at $34.38.
View the best growth stocks for 2024 here
.

When is CSX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our CSX earnings forecast
.

How were CSX's earnings last quarter?

CSX Co. (NASDAQ:CSX) announced its quarterly earnings data on Wednesday, April, 17th. The transportation company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.01. The transportation company had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.66 billion. CSX had a net margin of 24.75% and a trailing twelve-month return on equity of 29.58%. The firm's revenue was down .8% on a year-over-year basis. During the same period last year, the company earned $0.48 EPS.
Read the conference call transcript
.

How often does CSX pay dividends? What is the dividend yield for CSX?

CSX announced a quarterly dividend on Wednesday, May 8th. Shareholders of record on Friday, May 31st will be paid a dividend of $0.12 per share on Friday, June 14th. This represents a $0.48 annualized dividend and a yield of 1.40%. The ex-dividend date is Thursday, May 30th.
Read our dividend analysis for CSX
.

Is CSX a good dividend stock?

CSX (NASDAQ:CSX) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.39%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 26.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSX will have a dividend payout ratio of 22.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CSX.

When did CSX's stock split?

CSX's stock split on Tuesday, June 29th 2021. The 3-1 split was announced on Friday, June 4th 2021. The newly created shares were payable to shareholders after the closing bell on Monday, June 28th 2021. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

What is Jim Foote's approval rating as CSX's CEO?

271 employees have rated CSX Chief Executive Officer Jim Foote on Glassdoor.com. Jim Foote has an approval rating of 12% among the company's employees. This puts Jim Foote in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 35.0% of employees surveyed would recommend working at CSX to a friend.

What other stocks do shareholders of CSX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CSX investors own include Intel (INTC), Cisco Systems (CSCO), Johnson & Johnson (JNJ), AT&T (T), Home Depot (HD), Walt Disney (DIS), Pfizer (PFE), Procter & Gamble (PG), Verizon Communications (VZ) and NVIDIA (NVDA).

Who are CSX's major shareholders?

CSX's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.96%), Bank of New York Mellon Corp (0.82%), Maj Invest Holding A S (0.33%), Swiss National Bank (0.30%), Mirae Asset Global Investments Co. Ltd. (0.29%) and Sumitomo Mitsui Trust Holdings Inc. (0.26%). Insiders that own company stock include Angela C Williams, John J Zillmer, Mark Kenneth Wallace, Nathan D Goldman and Nathan D Goldman.
View institutional ownership trends
.

How do I buy shares of CSX?

Shares of CSX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CSX) was last updated on 5/12/2024 by MarketBeat.com Staff

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