NASDAQ:CSX - CSX Stock Price, News, & Analysis

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$72.51 -0.03 (-0.04 %)
(As of 02/20/2019 03:57 AM ET)
Previous Close$72.54
Today's Range$71.21 - $72.87
52-Week Range$53.13 - $76.24
Volume4.71 million shs
Average Volume5.61 million shs
Market Capitalization$59.33 billion
P/E Ratio18.88
Dividend Yield1.21%
Beta1.25
CSX Corporation, together with its subsidiaries, provides rail-based transportation services in the United States and Canada. The company offers rail services, as well as transports intermodal containers and trailers. It transports agricultural and food products, fertilizers, chemicals, automotive, metals and equipment, minerals, and forest products; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants. The company also exports coal to deep-water port facilities. In addition, it offers intermodal transportation services through a network of approximately 40 terminals transporting manufactured consumer goods in containers in the eastern United States; drayage services, including the pickup and delivery of intermodal shipments; and trucking dispatch services. Further, the company serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products from rail to trucks, which includes plastics and ethanol. Additionally, it acquires, develops, sells, leases, and manages real estate properties. The company operates approximately 21,000 route mile rail network, which serves various population centers in 23 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 4,000 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was founded in 1978 and is based in Jacksonville, Florida.

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Industry, Sector and Symbol

Industry Railroads, line-haul operating
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:CSX
CUSIPN/A
Phone904-359-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.25 billion
Cash Flow$5.7823 per share
Book Value$15.38 per share

Profitability

Net Income$3.31 billion

Miscellaneous

Employees22,500
Market Cap$59.33 billion
OptionableOptionable

CSX (NASDAQ:CSX) Frequently Asked Questions

What is CSX's stock symbol?

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

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

CSX announced a quarterly dividend on Wednesday, February 6th. Stockholders of record on Thursday, February 28th will be paid a dividend of $0.24 per share on Friday, March 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend is Wednesday, February 27th. This is an increase from CSX's previous quarterly dividend of $0.22. View CSX's Dividend History.

How will CSX's stock buyback program work?

CSX announced that its board has initiated a share buyback program on Wednesday, January 16th 2019, which permits the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 9.1% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

How were CSX's earnings last quarter?

CSX Co. (NASDAQ:CSX) posted its earnings results on Wednesday, January, 16th. The transportation company reported $1.01 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $1.01. The transportation company earned $3.14 billion during the quarter, compared to analyst estimates of $3.12 billion. CSX had a net margin of 27.01% and a return on equity of 24.18%. The firm's revenue was up 9.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.64 earnings per share. View CSX's Earnings History.

When is CSX's next earnings date?

CSX is scheduled to release their next quarterly earnings announcement on Tuesday, April 16th 2019. View Earnings Estimates for CSX.

What price target have analysts set for CSX?

20 analysts have issued 1 year price objectives for CSX's stock. Their predictions range from $56.00 to $90.00. On average, they expect CSX's stock price to reach $75.9225 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for CSX.

What is the consensus analysts' recommendation for CSX?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CSX in the last year. There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CSX.

What are Wall Street analysts saying about CSX stock?

Here are some recent quotes from research analysts about CSX stock:
  • 1. According to Zacks Investment Research, "Shares of CSX Corporation have outperformed its industry in a year's time. Ushering in further good news both the top and bottom line expanded on a year-over-year basis in the fourth quarter of 2018. Results were aided by volume growth and favorable pricing.  Backed by operational efficiency, the company expects to achieve its operating ratio target of 60% this year itself instead of 2020 as expected earlier. Improvement in operating ratio is an added positive. However, we are concerned about the company's high debt levels. As of Dec 31, 2018, long-term debt totaled $14,739 million compared with $11,790 million at 2017-end. Service-related disruptions also do not bode well for the company. CSX's projection for 2019 revenue growth concern us. Anticipation of sluggish growth in CSX's intermodal unit also contributed to the gloomy outlook for 2019." (2/5/2019)
  • 2. Cowen Inc analysts commented, ". We maintain our Overweight rating on WNS and our PT of $56*. WNS reported strong 3QFY19 bottom line results and solid constant currency (cc) growth. FY19 EPS guidance was raised. Growth was impacted by a currency headwind but margins were strong. We look to the conference call to provide details on the impact of FX, recent client wins and margin outlook." (1/17/2019)

Has CSX been receiving favorable news coverage?

News articles about CSX stock have trended positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. CSX earned a daily sentiment score of 2.7 on InfoTrie's scale. They also gave news stories about the transportation company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the immediate future.

Are investors shorting CSX?

CSX saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 13,725,547 shares, a drop of 12.2% from the January 15th total of 15,636,390 shares. Based on an average daily volume of 6,573,122 shares, the short-interest ratio is presently 2.1 days. Currently, 1.6% of the company's shares are short sold. View CSX's Current Options Chain.

Who are some of CSX's key competitors?

Who are CSX's key executives?

CSX's management team includes the folowing people:
  • Mr. James M. Foote, Pres, CEO & Director (Age 65)
  • Mr. Frank A. Lonegro, Exec. VP & CFO (Age 50)
  • Ms. Sarah Kathleen Brandt, Sr. VP & Chief Information Officer (Age 55)
  • Mr. Mark K. Wallace, Exec. VP of Sales & Marketing (Age 49)
  • Mr. Peter J. Shudtz, VP of Federal Regulation

Who are CSX's major shareholders?

CSX's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.85%), Oregon Public Employees Retirement Fund (1.36%), Geode Capital Management LLC (1.27%), Northern Trust Corp (1.16%), Bank of New York Mellon Corp (1.10%) and CI Investments Inc. (0.73%). Company insiders that own CSX stock include E Hunter Harrison, Gary Keith Anderson, James M Foote and Ridge Lp Mantle. View Institutional Ownership Trends for CSX.

Which major investors are selling CSX stock?

CSX stock was sold by a variety of institutional investors in the last quarter, including Alleghany Corp DE, Eaton Vance Management, Standard Life Aberdeen plc, Lord Abbett & CO. LLC, Commonwealth Bank of Australia, Jennison Associates LLC, Bank of New York Mellon Corp and Squarepoint Ops LLC. View Insider Buying and Selling for CSX.

Which major investors are buying CSX stock?

CSX stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, CI Investments Inc., BlackRock Inc., Royal London Asset Management Ltd., Pactiv General Employee Benefit Trust, Geode Capital Management LLC, Mackenzie Financial Corp and Amundi Pioneer Asset Management Inc.. Company insiders that have bought CSX stock in the last two years include E Hunter Harrison, Gary Keith Anderson, James M Foote and Ridge Lp Mantle. View Insider Buying and Selling for CSX.

How do I buy shares of CSX?

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

What is CSX's stock price today?

One share of CSX stock can currently be purchased for approximately $72.51.

How big of a company is CSX?

CSX has a market capitalization of $59.33 billion and generates $12.25 billion in revenue each year. The transportation company earns $3.31 billion in net income (profit) each year or $3.84 on an earnings per share basis. CSX employs 22,500 workers across the globe.

What is CSX's official website?

The official website for CSX is http://www.csx.com.

How can I contact CSX?

CSX's mailing address is 500 WATER STREET 15TH FLOOR, JACKSONVILLE FL, 32202. The transportation company can be reached via phone at 904-359-3200.


MarketBeat Community Rating for CSX (NASDAQ CSX)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  307 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  538
MarketBeat's community ratings are surveys of what our community members think about CSX and other stocks. Vote "Outperform" if you believe CSX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/20/2019 by MarketBeat.com Staff

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