CSX (CSX) Stock Forecast, Price & News

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CSX in the last twelve months. There are currently 9 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CSX shares.
View CSX analyst ratings or view top-rated stocks.

25 equities research analysts have issued 12 month price targets for CSX's stock. Their CSX share price forecasts range from $26.00 to $39.00. On average, they predict the company's share price to reach $34.92 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price.
View analysts price targets for CSX or view top-rated stocks among Wall Street analysts.

CSX's stock was trading at $30.98 on January 1st, 2023. Since then, CSX shares have increased by 3.3% and is now trading at $31.99.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our CSX earnings forecast.

CSX Co. (NASDAQ:CSX) released its quarterly earnings data on Thursday, April, 20th. The transportation company reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.05. The transportation company had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.58 billion. CSX had a net margin of 28.35% and a trailing twelve-month return on equity of 33.01%. The company's quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.39 EPS.
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CSX announced a quarterly dividend on Wednesday, May 10th. Investors of record on Wednesday, May 31st will be paid a dividend of $0.11 per share on Thursday, June 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Tuesday, May 30th.
Read our dividend analysis for CSX.

ETFs with the largest weight of CSX (NASDAQ:CSX) stock in their portfolio include Engine No. 1 Transform Supply Chain ETF (SUPP), iShares U.S. Transportation ETF (IYT), WBI BullBear Value 3000 ETF (WBIF), First Trust Nasdaq Transportation ETF (FTXR), ProShares Supply Chain Logistics ETF (SUPL), Pacer Industrials and Logistics ETF (SHPP), Direxion Daily Transportation Bull 3X Shares (TPOR) and Global X U.S. Infrastructure Development ETF (PAVE).

CSX (NASDAQ:CSX) pays an annual dividend of $0.44 per share and currently has a dividend yield of 1.38%. 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 21.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSX will have a dividend payout ratio of 21.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CSX.

Shares of CSX split on the morning of Tuesday, June 29th 2021. The 3-1 split was announced on Friday, June 4th 2021. The newly created shares were payable 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.

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.

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).

CSX trades on the NASDAQ under the ticker symbol "CSX."

CSX's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.79%), State Street Corp (4.24%), Soroban Capital Partners LP (2.59%), Price T Rowe Associates Inc. MD (2.54%), Geode Capital Management LLC (1.93%) and Fisher Asset Management LLC (1.03%). Insiders that own company stock include Angela C Williams, David M Moffett, Diana B Sorfleet, James M Foote, John J Zillmer, Juan Andres, Kevin S Boone, Mark Kenneth Wallace, Nathan D Goldman, Nathan D Goldman and Paul C Hilal.
View institutional ownership trends.

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.
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One share of CSX stock can currently be purchased for approximately $31.99.

CSX (NASDAQ:CSX) has a market capitalization of $65.04 billion and generates $14.85 billion in revenue each year. The transportation company earns $4.17 billion in net income (profit) each year or $2.03 on an earnings per share basis.

The company employs 22,500 workers across the globe.

CSX's mailing address is 500 WATER STREET 15TH FLOOR, JACKSONVILLE FL, 32202. The official website for the company is www.csx.com. The transportation company can be reached via phone at (904) 359-3200 or via fax at 804-782-1409.