CSX (CSX) Expected to Announce Earnings on Wednesday

Key Points

• CSX is expected to report Q3 2026 results after market close on October 21. Analysts project earnings of $0.532 per share and revenue of $3.95 billion, following the prior quarter’s earnings and revenue beats.
• Analyst sentiment remains positive: CSX has a “Moderate Buy” consensus rating and an average price target of $51.06, while TD Cowen recently raised its target to $54.
• CSX declared a quarterly dividend of $0.14 per share, equal to a $0.56 annualized payout and a 1.2% yield. Investors are also monitoring a COO retirement, insider stock sales, and a recent train derailment in Maryland.

CSX (NASDAQ:CSX - Get Free Report) is projected to release its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect CSX to post earnings of $0.5320 per share and revenue of $3.95 billion for the quarter. Individuals may visit the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, October 21, 2026 at 4:30 PM ET.

CSX (NASDAQ:CSX - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.02. CSX had a net margin of 22.21% and a return on equity of 24.98%. The firm had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $3.89 billion. During the same period in the prior year, the firm posted $0.44 earnings per share. The company's revenue for the quarter was up 10.1% on a year-over-year basis. On average, analysts expect CSX to post $1.99 EPS for the current fiscal year and $2.23 EPS for the next fiscal year.

CSX Price Performance

CSX stock opened at $47.76 on Wednesday. The firm has a 50 day moving average of $48.90 and a 200-day moving average of $47.18. The company has a current ratio of 0.82, a quick ratio of 0.72 and a debt-to-equity ratio of 1.22. CSX has a 12 month low of $33.63 and a 12 month high of $53.60. The firm has a market capitalization of $88.47 billion, a P/E ratio of 26.53, a price-to-earnings-growth ratio of 2.25 and a beta of 1.21.

CSX Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, November 30th. CSX's dividend payout ratio (DPR) is presently 32.37%.

More CSX News

Here are the key news stories impacting CSX this week:

• Positive Sentiment: TD Cowen set a $54 price target for CSX, above the roughly $47.76 reference price. The target indicates analysts see additional appreciation potential, which may support investor sentiment. TD Cowen sets USD 54.00 target for CSX stock
• Positive Sentiment: Massachusetts plans to fund CSX improvements in Pittsfield. The investment could improve infrastructure, service capability, and the railroad’s long-term operating position, although the financial impact was not quantified. Massachusetts to fund CSX improvements in Pittsfield
• Neutral Sentiment: Options-market activity is drawing attention to CSX amid expectations of a possible near-term move. Options positioning can signal rising trader interest, but it does not establish the direction or durability of a stock rally. Is the Options Market Predicting a Spike in CSX Stock?
• Neutral Sentiment: Chief Operating Officer Mike Cory is retiring. The departure creates a management transition and could raise questions about execution, but the immediate stock impact will depend on the succession plan and whether operations remain stable. CSX Announces Retirement of Chief Operating Officer Cory
• Negative Sentiment: A CSX train car derailed near Montgomery College in Rockville, Maryland, disrupting rail traffic and causing expected MARC train delays. The incident may create temporary service costs and adds operational, safety, and reputational risk, though reports did not indicate the extent of damages or injuries. CSX train car derails near Montgomery College campus in Rockville

Insiders Place Their Bets

In other news, SVP Michael S. Burns sold 13,000 shares of CSX stock in a transaction on Friday, July 24th. The shares were sold at an average price of $52.68, for a total transaction of $684,840.00. Following the completion of the sale, the senior vice president directly owned 59,643 shares of the company's stock, valued at approximately $3,141,993.24. The trade was a 17.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Angela C. Williams sold 30,000 shares of the company's stock in a transaction on Friday, July 24th. The stock was sold at an average price of $53.29, for a total transaction of $1,598,700.00. Following the completion of the transaction, the chief accounting officer owned 10,437 shares of the company's stock, valued at $556,187.73. This trade represents a 74.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on CSX shares. Weiss Ratings raised shares of CSX from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $59.00 price objective on shares of CSX in a research report on Friday, July 24th. Royal Bank Of Canada dropped their price objective on CSX from $54.00 to $53.00 and set an "outperform" rating for the company in a research note on Thursday, September 24th. TD Cowen boosted their target price on CSX from $46.00 to $54.00 and gave the stock a "buy" rating in a research report on Thursday, July 23rd. Finally, Truist Financial set a $46.00 target price on CSX in a research note on Friday, July 10th. Eighteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $51.06.

About CSX

CSX Corporation NASDAQ: CSX is a transportation company that provides rail-based freight services through its principal subsidiary, CSX Transportation. The company moves a broad range of products, including agricultural and food products, chemicals, minerals, forest products, metals, automotive shipments, and consumer goods.

CSX also provides intermodal transportation, connecting rail shipments with trucks, ports, and distribution facilities. Its network serves the eastern United States and reaches parts of Canada, linking major industrial regions, population centers, manufacturing locations, and Atlantic and Gulf Coast ports.

CSX traces its history to the 1980 merger of Chessie System and Seaboard Coast Line Industries.

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