Analysts Set Expectations for CSX's Q1 Earnings (NASDAQ:CSX)

CSX Corporation (NASDAQ:CSX - Free Report) - Analysts at Zacks Research reduced their Q1 2026 earnings per share estimates for shares of CSX in a report released on Monday, July 7th. Zacks Research analyst M. Basu now anticipates that the transportation company will earn $0.43 per share for the quarter, down from their previous estimate of $0.45. The consensus estimate for CSX's current full-year earnings is $1.83 per share. Zacks Research also issued estimates for CSX's FY2026 earnings at $1.87 EPS.

Several other equities research analysts have also weighed in on the company. Susquehanna reaffirmed a "neutral" rating and issued a $35.00 target price on shares of CSX in a research report on Tuesday, June 24th. Jefferies Financial Group decreased their price target on CSX from $37.00 to $33.00 and set a "buy" rating for the company in a research note on Wednesday, April 9th. Benchmark reissued a "buy" rating and issued a $35.00 price target on shares of CSX in a research note on Thursday, April 17th. Robert W. Baird began coverage on CSX in a research note on Tuesday, July 1st. They issued an "outperform" rating and a $38.00 price target for the company. Finally, Sanford C. Bernstein reissued a "market perform" rating and issued a $36.00 price target (up previously from $33.00) on shares of CSX in a research note on Tuesday. Nine equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, CSX has an average rating of "Moderate Buy" and an average target price of $34.32.

CSX Price Performance

Shares of NASDAQ CSX opened at $33.39 on Wednesday. CSX has a 1-year low of $26.22 and a 1-year high of $37.10. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.88 and a quick ratio of 0.75. The business's fifty day moving average price is $31.41 and its two-hundred day moving average price is $31.08. The firm has a market capitalization of $62.72 billion, a PE ratio of 19.99, a P/E/G ratio of 2.90 and a beta of 1.23.

CSX (NASDAQ:CSX - Get Free Report) last issued its earnings results on Wednesday, April 16th. The transportation company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.05). CSX had a return on equity of 26.42% and a net margin of 22.66%. The company had revenue of $3.42 billion during the quarter, compared to analyst estimates of $3.53 billion.

Institutional Investors Weigh In On CSX

Several institutional investors have recently made changes to their positions in CSX. Somerset Trust Co bought a new position in CSX in the 2nd quarter worth approximately $208,000. Modern Wealth Management LLC lifted its stake in shares of CSX by 9.8% during the first quarter. Modern Wealth Management LLC now owns 17,518 shares of the transportation company's stock valued at $516,000 after acquiring an additional 1,564 shares during the period. Strs Ohio acquired a new position in shares of CSX during the first quarter valued at $29,614,000. Foresight Group Ltd Liability Partnership acquired a new position in shares of CSX during the first quarter valued at $1,504,000. Finally, Jacobi Capital Management LLC lifted its stake in shares of CSX by 9.7% during the first quarter. Jacobi Capital Management LLC now owns 43,356 shares of the transportation company's stock valued at $1,276,000 after acquiring an additional 3,834 shares during the period. 73.57% of the stock is currently owned by institutional investors and hedge funds.

CSX Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 1.56%. The ex-dividend date was Friday, May 30th. CSX's dividend payout ratio is currently 31.14%.

CSX Company Profile

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.

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