CSX (CSX) Projected to Post Earnings on Wednesday

CSX (NASDAQ:CSX - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 23rd. Analysts expect CSX to post earnings of $0.41 per share and revenue of $3.57 billion for the quarter.

CSX (NASDAQ:CSX - Get Free Report) last posted its quarterly earnings data on Wednesday, April 16th. The transportation company reported $0.34 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $3.53 billion. On average, analysts expect CSX to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

CSX Stock Performance

Shares of NASDAQ:CSX traded down $0.01 on Friday, hitting $34.49. 9,620,477 shares of the company were exchanged, compared to its average volume of 13,475,244. The company's 50 day moving average price is $32.16 and its two-hundred day moving average price is $31.15. CSX has a one year low of $26.22 and a one year high of $37.10. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.75 and a current ratio of 0.88. The firm has a market capitalization of $64.79 billion, a price-to-earnings ratio of 20.71, a PEG ratio of 2.98 and a beta of 1.23.

CSX Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be paid a $0.13 dividend. The ex-dividend date is Friday, August 29th. This represents a $0.52 dividend on an annualized basis and a yield of 1.51%. CSX's payout ratio is currently 31.14%.

Hedge Funds Weigh In On CSX

An institutional investor recently raised its position in CSX stock. Brighton Jones LLC boosted its holdings in CSX Corporation (NASDAQ:CSX - Free Report) by 5.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,254 shares of the transportation company's stock after buying an additional 849 shares during the period. Brighton Jones LLC's holdings in CSX were worth $525,000 as of its most recent SEC filing. 73.57% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CSX has been the topic of a number of analyst reports. Jefferies Financial Group lowered their target price on shares of CSX from $37.00 to $33.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. UBS Group lowered their target price on shares of CSX from $36.00 to $34.00 and set a "buy" rating on the stock in a research note on Thursday, April 17th. Evercore ISI lowered their target price on shares of CSX from $35.00 to $33.00 and set an "outperform" rating on the stock in a research note on Thursday, April 17th. The Goldman Sachs Group reissued a "neutral" rating and issued a $35.00 target price on shares of CSX in a research note on Monday, June 2nd. Finally, Sanford C. Bernstein reissued a "market perform" rating and issued a $36.00 target price (up previously from $33.00) on shares of CSX in a research note on Tuesday, July 8th. Eight research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $35.14.

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.