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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
3 tech outperformers adored by analysts
Is This The Most Overlooked Gold Investment Strategy of 2024? (Ad)
Freshworks gets juiced on its AI customer engagement platform
High short interest stocks: this popular trend is re-emerging
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
Boeing glides past series of setbacks on new flight path
Stock market today: Wall Street inches quietly lower after hitting its 2023 peak last week
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
3 tech outperformers adored by analysts
Is This The Most Overlooked Gold Investment Strategy of 2024? (Ad)
Freshworks gets juiced on its AI customer engagement platform
High short interest stocks: this popular trend is re-emerging
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
Boeing glides past series of setbacks on new flight path
Stock market today: Wall Street inches quietly lower after hitting its 2023 peak last week
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
3 tech outperformers adored by analysts
Is This The Most Overlooked Gold Investment Strategy of 2024? (Ad)
Freshworks gets juiced on its AI customer engagement platform
High short interest stocks: this popular trend is re-emerging
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
Boeing glides past series of setbacks on new flight path
Stock market today: Wall Street inches quietly lower after hitting its 2023 peak last week
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell

CSX (CSX) Stock Price, News & Analysis

$32.96
-0.54 (-1.61%)
(As of 12/8/2023 08:56 PM ET)
Compare
Today's Range
$32.93
▼
$33.49
50-Day Range
$29.24
▼
$33.66
52-Week Range
$27.60
▼
$34.38
Volume
15.76 million shs
Average Volume
13.07 million shs
Market Capitalization
$65.13 billion
P/E Ratio
17.53
Dividend Yield
1.33%
Price Target
$35.84
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

CSX MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.68 Rating Score
Upside/​Downside
8.7% Upside
$35.84 Price Target
Short Interest
Healthy
0.89% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-7.32
Upright™ Environmental Score
News Sentiment
0.81mentions of CSX in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.20%
From $1.83 to $1.98 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Transportation Sector

43rd out of 103 stocks

Railroads, Line - Haul Operating Industry

3rd out of 7 stocks

See Top Rated MarketRank™ Stocks Here

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 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. The company also offers intermodal transportation 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 3,600 locomotives. It also 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

November 27, 2023 | marketbeat.com
Failed wheel bearing caused Kentucky train derailment, CSX says
CSX says a failed wheel bearing on a train car caused a derailment that sparked a chemical fire in a small Kentucky town
November 23, 2023 | marketbeat.com
CSX promises Thanksgiving meals for evacuees after train derails spilling chemicals in Kentucky town
A railroad company is promising hotel rooms and Thanksgiving meals for people asked to evacuate a small Kentucky town after a train derailed, catching fire and spilling chemicals
December 11, 2023 | Financial Alphas (Ad)
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December 7, 2023 | markets.businessinsider.com
Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: CSX (CSX) and Core & Main (CNM)
December 7, 2023 | benzinga.com
Peering Into CSX's Recent Short Interest
December 6, 2023 | benzinga.com
Here's How Much $100 Invested In CSX 20 Years Ago Would Be Worth Today
December 5, 2023 | msn.com
CSX track improvements allow restoration of direct Pan Am-New Brunswick Southern interchange in Maine
December 5, 2023 | finance.yahoo.com
Landstar System, Inc.: Landstar: Former CSX CFO to Succeed Jim Gattoni as Chief Executive
December 11, 2023 | Financial Alphas (Ad)
Countries Are Investing Heavily Into Securing Energy Independence
There's a worldwide "arms race" for countries to secure lithium - the critical metal essential to powering the world's green energy transition. While the U.S. is now investing heavily into lithium production, the North American supply chain has fallen far behind. One company is on a mission to change that and make a previously remote area the next great lithium mining hub.
December 4, 2023 | benzinga.com
P/E Ratio Insights for CSX
December 3, 2023 | msn.com
Kentucky train derailment caused by failed wheel bearing: CSX
November 30, 2023 | finance.yahoo.com
CSX facing class action lawsuit over Kentucky derailment
November 29, 2023 | msn.com
Federal lawsuit filed against CSX over Kentucky train derailment
November 29, 2023 | seekingalpha.com
Buybacks And Dividends - Why CSX Is Such A Powerful Compounder
November 29, 2023 | msn.com
CSX train derailment in Kentucky was avoidable, lawsuit claims
November 28, 2023 | finance.yahoo.com
Here's Why Investors Should Hold on to CSX Stock Currently
November 28, 2023 | finance.yahoo.com
CSX Corp's Dividend Analysis
November 28, 2023 | msn.com
Failed wheel bearing caused eastern Kentucky train derailment, CSX says
November 28, 2023 | msn.com
CSX unveils Atlantic Coast Line heritage locomotive
November 28, 2023 | msn.com
Failed wheel bearing caused Kentucky train derailment but didn’t trigger alarms beforehand, CSX says
November 27, 2023 | finance.yahoo.com
CSX eyes wheel bearing as cause of Kentucky derailment
November 27, 2023 | msn.com
Failed wheel bearing caused Kentucky derailment, CSX says
November 27, 2023 | msn.com
CSX says failed wheel bearing caused train derailment in Kentucky
November 25, 2023 | msn.com
CSX Corporation updates on train derailment in Kentucky
November 25, 2023 | yahoo.com
Kentucky residents cleared to return home after CSX train derailment
November 23, 2023 | apnews.com
Residents can return home after train derailed
November 23, 2023 | finance.yahoo.com
Crews Extinguish Fire After CSX Train Derailment in Kentucky
See More Headlines
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Company Calendar

Ex-Dividend for 9/15 Dividend
8/30/2023
Dividend Payable
9/15/2023
Last Earnings
10/19/2023
Ex-Dividend for 12/15 Dividend
11/29/2023
Today
12/11/2023
Dividend Payable
12/15/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/24/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Railroads, line - haul operating
Sub-Industry
N/A
Sector
Transportation
Current Symbol
NASDAQ:CSX
CUSIP
N/A
CIK
277948
Web
www.csx.com
Phone
(904) 359-3200
Fax
804-782-1409
Employees
22,500
Year Founded
1827

Price Target and Rating

Average Stock Price Target
$35.84
High Stock Price Target
$40.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+8.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.68
Research Coverage
19 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$1.88
Trailing P/E Ratio
17.53
Forward P/E Ratio
18.01
P/E Growth
2.73
Net Income
$4.17 billion
Net Margins
26.16%
Pretax Margin
34.31%
Return on Equity
31.28%
Return on Assets
9.24%

Debt

Debt-to-Equity Ratio
1.50
Current Ratio
1.14
Quick Ratio
1.00

Sales & Book Value

Annual Sales
$14.85 billion
Price / Sales
4.39
Cash Flow
$2.61 per share
Price / Cash Flow
12.62
Book Value
$6.01 per share
Price / Book
5.48

Miscellaneous

Outstanding Shares
1,976,130,000
Free Float
1,965,262,000
Market Cap
$65.13 billion
Optionable
Optionable
Beta
1.19

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Should I Buy CSX Stock? CSX Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of CSX was last updated on Sunday, December 10, 2023 at 8:43 PM.

Pros

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

  • CSX Corporation provides rail-based freight transportation services, which is a crucial industry for the movement of goods and materials.
  • CSX offers transportation of intermodal containers and trailers, providing a diverse range of services to meet various transportation needs.
  • CSX has a wide network of approximately 30 terminals, allowing for efficient transportation of manufactured consumer goods in containers.
  • CSX serves the automotive industry with distribution centers and storage locations, providing a key transportation solution for this sector.
  • CSX has a strong market capitalization of $64.32 billion, indicating its stability and potential for growth.

Cons

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

  • The transportation industry, including railroads, can be affected by economic downturns and fluctuations in demand, which may impact CSX's business.
  • CSX's revenue was down 8.3% compared to the same quarter last year, indicating a potential decline in performance.
  • CSX's payout ratio is currently 23.40%, which suggests that a significant portion of its earnings is being distributed as dividends, potentially limiting reinvestment opportunities.
  • CSX's stock price has been relatively stable, with a 52-week low of $27.60 and a 52-week high of $34.38, indicating limited short-term price growth.
  • CSX's PEG ratio of 2.63 suggests that its stock may be overvalued compared to its expected earnings growth, potentially limiting future returns.














CSX Stock Analysis - Frequently Asked Questions

Should I buy or sell CSX stock right now?

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CSX in the last year. There are currently 6 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CSX shares.
View CSX analyst ratings or view top-rated stocks.

What is CSX's stock price target for 2024?

19 brokers have issued 12 month target prices for CSX's stock. Their CSX share price targets range from $25.00 to $40.00. On average, they predict the company's stock price to reach $35.84 in the next year. This suggests a possible upside of 8.7% from the stock's current price.
View analysts price targets for CSX or view top-rated stocks among Wall Street analysts.

How have CSX shares performed in 2023?

CSX's stock was trading at $30.98 at the beginning of the year. Since then, CSX stock has increased by 6.4% and is now trading at $32.96.
View the best growth stocks for 2023 here.

When is CSX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024.
View our CSX earnings forecast.

How were CSX's earnings last quarter?

CSX Co. (NASDAQ:CSX) released its earnings results on Thursday, October, 19th. The transportation company reported $0.42 earnings per share for the quarter, hitting analysts' consensus estimates of $0.42. The transportation company earned $3.57 billion during the quarter, compared to the consensus estimate of $3.55 billion. CSX had a net margin of 26.16% and a trailing twelve-month return on equity of 31.28%. The business's quarterly revenue was down 8.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.52 earnings per share.
Read the conference call transcript.

How often does CSX pay dividends? What is the dividend yield for CSX?

CSX declared a quarterly dividend on Wednesday, October 11th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.11 per share on Friday, December 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Wednesday, November 29th.
Read our dividend analysis for CSX.

Is CSX a good dividend stock?

CSX (NASDAQ:CSX) pays an annual dividend of $0.44 per share and currently has a dividend yield of 1.31%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 23.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSX will have a dividend payout ratio of 22.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CSX.

What ETFs hold CSX's stock?

ETFs with the largest weight of CSX (NASDAQ:CSX) stock in their portfolio include TCW Transform Supply Chain ETF (SUPP), Pacer Industrials and Logistics ETF (SHPP), ProShares Supply Chain Logistics ETF (SUPL), ClearBridge Sustainable Infrastructure ETF (INFR), iShares U.S. Transportation ETF (IYT), First Trust Nasdaq Transportation ETF (FTXR), BrandywineGLOBALDynamic US Large Cap Value ETF (DVAL) and Direxion Daily Transportation Bull 3X Shares (TPOR).

When did CSX's stock split?

CSX's stock split on Tuesday, June 29th 2021. The 3-1 split was announced on Friday, June 4th 2021. The newly issued shares were payable to shareholders after the closing bell 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.

What other stocks do shareholders of CSX own?

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

Who are CSX's major shareholders?

CSX's stock is owned by a variety of institutional and retail investors. Top institutional investors include Lazard Asset Management LLC (1.48%), Morgan Stanley (1.23%), Royal Bank of Canada (1.09%), Northern Trust Corp (1.08%), Bank of New York Mellon Corp (0.93%) and Legal & General Group Plc (0.94%). Insiders that own company stock include Angela C Williams, David M Moffett, Diana B Sorfleet, John J Zillmer, Juan Andres, Mark Kenneth Wallace, Nathan D Goldman, Nathan D Goldman and Paul C Hilal.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:CSX) was last updated on 12/11/2023 by MarketBeat.com Staff

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