CSX Stock Gets Increased EPS Forecast from Zacks Research

Key Points

• Zacks Research raised its Q3 2027 EPS forecast for CSX to $0.60 from $0.57. It also projected $0.53 EPS for Q2 2028.
• CSX’s latest reported quarter beat expectations, with EPS of $0.57 versus the $0.53 consensus and revenue of $4.02 billion versus $3.96 billion. Revenue rose 12% year over year.
• Analysts have a consensus “Moderate Buy” rating and an average price target of $52.20; CSX also announced a quarterly dividend of $0.14 per share.

CSX Corporation (NASDAQ:CSX - Free Report) - Investment analysts at Zacks Research boosted their Q3 2027 EPS estimates for CSX in a research note issued to investors on Wednesday, November 4th. Zacks Research analyst Team now anticipates that the transportation company will earn $0.60 per share for the quarter, up from their prior estimate of $0.57. The consensus estimate for CSX's current full-year earnings is $2.05 per share. Zacks Research also issued estimates for CSX's Q2 2028 earnings at $0.53 EPS.

CSX (NASDAQ:CSX - Get Free Report) last posted its earnings results on Wednesday, October 21st. The transportation company reported $0.57 EPS for the quarter, beating analysts' consensus estimates of $0.53 by $0.04. CSX had a return on equity of 25.94% and a net margin of 23.97%. The firm had revenue of $4.02 billion for the quarter, compared to analysts' expectations of $3.96 billion. During the same period last year, the firm earned $0.44 EPS. The company's quarterly revenue was up 12.0% on a year-over-year basis.

CSX has been the topic of several other reports. BMO Capital Markets reissued a "market perform" rating and issued a $52.00 price objective (up from $49.00) on shares of CSX in a report on Thursday, July 23rd. Wall Street Zen downgraded CSX from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Susquehanna increased their target price on CSX from $55.00 to $60.00 and gave the company a "positive" rating in a research report on Tuesday, October 27th. Benchmark reissued a "buy" rating and issued a $54.00 price target (up from $48.00) on shares of CSX in a research note on Wednesday, July 15th. Finally, Bank of America lifted their price target on shares of CSX from $55.00 to $57.00 and gave the company a "buy" rating in a research note on Thursday, October 22nd. Eighteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $52.20.

CSX Stock Performance

NASDAQ CSX opened at $50.83 on Friday. The stock has a market capitalization of $93.70 billion, a price-to-earnings ratio of 26.97, a PEG ratio of 2.28 and a beta of 1.12. CSX has a twelve month low of $33.63 and a twelve month high of $53.60. The company has a current ratio of 0.84, a quick ratio of 0.75 and a debt-to-equity ratio of 1.19. The stock has a 50-day moving average of $48.84 and a 200 day moving average of $45.82.

CSX Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Monday, November 30th. This represents a $0.56 dividend on an annualized basis and a yield of 1.1%. CSX's payout ratio is 29.02%.

Insiders Place Their Bets

In other news, Director John Zillmer sold 19,500 shares of the business's stock in a transaction dated Monday, October 26th. The shares were sold at an average price of $51.24, for a total transaction of $999,180.00. Following the transaction, the director owned 334,214 shares of the company's stock, valued at approximately $17,125,125.36. The trade was a 5.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.30% of the company's stock.

Institutional Trading of CSX

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Evolve Private Wealth LLC purchased a new stake in shares of CSX in the 2nd quarter valued at about $693,000. M. Kulyk & Associates LLC purchased a new position in CSX during the 2nd quarter worth approximately $8,145,000. Wealthfront Advisers LLC purchased a new position in CSX during the 2nd quarter worth approximately $7,609,000. B. Metzler seel. Sohn & Co. AG purchased a new position in CSX during the 2nd quarter worth approximately $6,598,000. Finally, First National Bank of Omaha acquired a new position in CSX during the second quarter worth approximately $6,248,000. 73.57% of the stock is owned by institutional investors and hedge funds.

CSX News Summary

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Analysts raised several earnings forecasts. Zacks Research increased its FY2026, FY2027 and FY2028 EPS estimates to $2.06, $2.32 and $2.38, respectively, with notable increases to some quarterly projections. The revisions suggest improved expectations for CSX’s earnings trajectory. CSX stock gets higher 2026 earnings forecast from Zacks
• Positive Sentiment: Productivity is supporting the outlook. Recent coverage describes productivity gains as lifting CSX’s 2026 outlook, although the company still faces an execution test. CSX stock faces execution test as productivity lifts 2026 outlook
• Neutral Sentiment: CSX’s CFO is scheduled to speak at an industrial conference on Nov. 11. Any new outlook or operating commentary could inform investor expectations, but no new disclosures are included in the announcement. CSX CFO to address Baird Global Industrial Conference
• Negative Sentiment: Some estimates moved lower, and local train incidents drew attention. Zacks trimmed its Q2 2028 EPS forecast from $0.54 to $0.53, a modest offset to the broader increases. Separate reports describe a teen struck by a CSX train and a collision involving a CSX train and a semi-truck; the articles do not report a resulting financial or network-wide impact. Delaware teen hit by CSX train CSX train hits semi-truck near downtown Decatur

About CSX

CSX Corporation is a transportation company whose primary business is freight railroading through its CSX Transportation subsidiary. The company operates an extensive rail network across the eastern United States, serving major industrial centers, population hubs, ports and distribution markets.

CSX transports a broad range of products, including chemicals, agricultural and food products, forest products, minerals, metals, automotive goods and other manufactured merchandise. Its services also include intermodal transportation, which combines rail service with trucks and containers, as well as the movement of coal and other bulk commodities.

The company traces its roots to the formation of CSX Corporation in 1980 through the merger of Chessie System and Seaboard Coast Line Industries.

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