What is Zacks Research's Forecast for CSX FY2026 Earnings?

Key Points

• Zacks Research has raised its FY2026 earnings per share (EPS) estimate for CSX to $1.90, up from a previous estimate of $1.87, surpassing the current consensus of $1.83.
• Analysts have varied price targets for CSX, with Robert W. Baird increasing their target from $38.00 to $44.00, while Evercore ISI reduced theirs from $35.00 to $33.00.
• CSX recently declared a quarterly dividend of $0.13 per share, reflecting a 1.5% yield based on a 32.10% dividend payout ratio.

CSX Corporation (NASDAQ:CSX - Free Report) - Equities research analysts at Zacks Research raised their FY2026 EPS estimates for shares of CSX in a note issued to investors on Wednesday, August 6th. Zacks Research analyst M. Basu now forecasts that the transportation company will post earnings of $1.90 per share for the year, up from their previous estimate of $1.87. The consensus estimate for CSX's current full-year earnings is $1.83 per share.

A number of other analysts also recently weighed in on the stock. Evercore ISI cut their price target on shares of CSX from $35.00 to $33.00 and set an "outperform" rating for the company in a report on Thursday, April 17th. Robert W. Baird increased their target price on shares of CSX from $38.00 to $44.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Barclays increased their target price on shares of CSX from $36.00 to $38.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. UBS Group dropped their target price on shares of CSX from $36.00 to $34.00 and set a "buy" rating for the company in a report on Thursday, April 17th. Finally, BMO Capital Markets increased their target price on shares of CSX from $36.00 to $38.00 and gave the stock an "outperform" rating in a report on Thursday, July 24th. Seven investment analysts have rated the stock with a hold rating, fifteen have given 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 a consensus rating of "Moderate Buy" and a consensus price target of $37.00.

CSX Stock Performance

Shares of CSX stock opened at $35.43 on Monday. The company has a 50 day moving average of $33.56 and a 200-day moving average of $31.45. CSX has a 1-year low of $26.22 and a 1-year high of $37.10. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.50. The company has a market cap of $66.05 billion, a PE ratio of 21.87, a price-to-earnings-growth ratio of 2.64 and a beta of 1.25.

CSX (NASDAQ:CSX - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The transportation company reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.02. CSX had a net margin of 21.92% and a return on equity of 25.48%. The company had revenue of $3.57 billion during the quarter, compared to the consensus estimate of $3.57 billion. During the same quarter in the prior year, the firm posted $0.49 EPS. The firm's quarterly revenue was down 3.5% on a year-over-year basis.

CSX Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.13 per share. The ex-dividend date is Friday, August 29th. This represents a $0.52 annualized dividend and a yield of 1.5%. CSX's dividend payout ratio (DPR) is presently 32.10%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. CWA Asset Management Group LLC raised its holdings in CSX by 15.1% during the 1st quarter. CWA Asset Management Group LLC now owns 12,514 shares of the transportation company's stock worth $368,000 after purchasing an additional 1,642 shares during the last quarter. Dynamic Advisor Solutions LLC raised its holdings in CSX by 9.8% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 38,757 shares of the transportation company's stock worth $1,141,000 after purchasing an additional 3,458 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in CSX by 61.4% during the 1st quarter. Farther Finance Advisors LLC now owns 14,154 shares of the transportation company's stock worth $418,000 after purchasing an additional 5,382 shares during the last quarter. Cercano Management LLC bought a new position in CSX during the 4th quarter worth approximately $4,869,000. Finally, GAMMA Investing LLC raised its holdings in CSX by 23.2% during the 1st quarter. GAMMA Investing LLC now owns 35,910 shares of the transportation company's stock worth $1,057,000 after purchasing an additional 6,766 shares during the last quarter. Institutional investors own 73.57% of the company's stock.

About 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.

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