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NASDAQ:CSX

CSX (CSX) Stock Price, News & Analysis

$34.32
+0.72 (+2.14%)
(As of 07/26/2024 ET)
Today's Range
$33.70
$34.65
50-Day Range
$32.18
$35.45
52-Week Range
$29.03
$40.12
Volume
9.98 million shs
Average Volume
11.81 million shs
Market Capitalization
$67.09 billion
P/E Ratio
18.86
Dividend Yield
1.40%
Price Target
$38.14

CSX MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
11.1% Upside
$38.14 Price Target
Short Interest
Healthy
1.51% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-7.32
Upright™ Environmental Score
News Sentiment
0.25mentions of CSX in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.82%
From $1.94 to $2.15 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.56 out of 5 stars

Transportation Sector

14th out of 120 stocks

Railroads, Line - Haul Operating Industry

2nd out of 6 stocks

CSX stock logo

About CSX Stock (NASDAQ: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. In addition, the company provides intermodal services through a network of approximately 30 terminals transporting manufactured consumer goods in containers; and drayage services, including the pickup and delivery of intermodal shipments. It serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products, such as plastics and ethanol from rail to trucks. The company operates approximately 20,000 route mile rail network, which serves various population centers in 26 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 3,500 locomotives. It serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.

CSX Stock Price History

CSX Stock News Headlines

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Nvidia’s Quiet $1 Trillion Pivot
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CSX Corporation Declares Quarterly Dividend
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Company Calendar

Last Earnings
4/17/2024
Ex-Dividend for 6/14 Dividend
5/31/2024
Dividend Payable
6/14/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/05/2024
Ex-Dividend for 9/13 Dividend
8/30/2024
Dividend Payable
9/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Railroads, line - haul operating
Sub-Industry
Transportation
Current Symbol
NASDAQ:CSX
Employees
23,000
Year Founded
1827

Price Target and Rating

Average Stock Price Target
$38.14
High Stock Price Target
$44.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+11.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
14 Analysts

Profitability

Net Income
$3.72 billion
Pretax Margin
32.61%

Debt

Sales & Book Value

Annual Sales
$14.66 billion
Cash Flow
$2.79 per share
Book Value
$6.14 per share

Miscellaneous

Outstanding Shares
1,954,930,000
Free Float
1,944,175,000
Market Cap
$67.09 billion
Optionable
Optionable
Beta
1.20

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Should I Buy CSX Stock? CSX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in CSX Co.:

  • CSX Co. has shown resilience in the face of market fluctuations, indicating stability in its operations.
  • Recent analyst ratings suggest a positive outlook for CSX, with a consensus rating of "Moderate Buy" and an average target price of $37.39.
  • CSX's current stock price of $35.45 presents a potential entry point for investors looking to capitalize on future growth.
  • Strong institutional investor interest in CSX, with notable firms like ProShare Advisors LLC increasing their positions in the company.
  • CSX's market cap of $69.30 billion reflects its position as a significant player in the transportation industry.

Cons

Investors should be bearish about investing in CSX Co. for these reasons:

  • CSX's recent trading performance shows a decline of 2.7%, indicating short-term volatility in the stock.
  • Analyst downgrades from firms like Bank of America and Susquehanna may signal potential challenges ahead for CSX.
  • CSX's debt-to-equity ratio of 1.42 raises concerns about the company's leverage and financial risk.
  • The company's 1-year low of $29.03 highlights potential price fluctuations that could impact investor returns.
  • CSX's quick ratio of 1.00 may indicate liquidity challenges in the short term, affecting its ability to meet immediate financial obligations.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 22, 2024. Please send any questions or comments about these CSX pros and cons to contact@marketbeat.com.

CSX Stock Analysis - Frequently Asked Questions

How have CSX shares performed this year?

CSX's stock was trading at $34.67 on January 1st, 2024. Since then, CSX shares have decreased by 1.0% and is now trading at $34.32.
View the best growth stocks for 2024 here
.

How were CSX's earnings last quarter?

CSX Co. (NASDAQ:CSX) released its quarterly earnings results on Wednesday, April, 17th. The transportation company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.01. CSX's revenue for the quarter was down .8% on a year-over-year basis.
Read the conference call transcript
.

When did CSX's stock split?

Shares of CSX split before market open on Tuesday, June 29th 2021. The 3-1 split was announced on Friday, June 4th 2021. The newly minted shares were distributed to shareholders after the market closes on Monday, June 28th 2021. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

What is Jim Foote's approval rating as CSX's CEO?

271 employees have rated CSX Chief Executive Officer Jim Foote on Glassdoor.com. Jim Foote has an approval rating of 12% among the company's employees. This puts Jim Foote in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 35.0% of employees surveyed would recommend working at CSX to a friend.

Who are CSX's major shareholders?

Top institutional investors of CSX include Bank of New York Mellon Corp (0.88%), Maj Invest Holding A S (0.32%), Sumitomo Mitsui Trust Holdings Inc. (0.24%) and M&G Plc (0.18%). Insiders that own company stock include John J Zillmer, Mark Kenneth Wallace, Angela C Williams and Nathan D Goldman.
View institutional ownership trends
.

How do I buy shares of CSX?

Shares of CSX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CSX own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CSX investors own include Intel (INTC), Cisco Systems (CSCO), Johnson & Johnson (JNJ), AT&T (T), Home Depot (HD), Walt Disney (DIS) and Pfizer (PFE).

This page (NASDAQ:CSX) was last updated on 7/26/2024 by MarketBeat.com Staff

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