S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
MarketBeat Week in Review – 4/8 - 4/12
5 Trends You Need to Know This Quarter
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
MarketBeat Week in Review – 4/8 - 4/12
5 Trends You Need to Know This Quarter
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
MarketBeat Week in Review – 4/8 - 4/12
5 Trends You Need to Know This Quarter
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
Closing prices for crude oil, gold and other commodities
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
How major US stock indexes fared Friday, 4/12/2024
MarketBeat Week in Review – 4/8 - 4/12
5 Trends You Need to Know This Quarter
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
NASDAQ:CSX

CSX (CSX) Stock Price, News & Analysis

$35.34
-0.09 (-0.25%)
(As of 04/12/2024 ET)
Today's Range
$35.10
$35.48
50-Day Range
$35.34
$38.38
52-Week Range
$29.03
$40.12
Volume
15.16 million shs
Average Volume
11.07 million shs
Market Capitalization
$69.18 billion
P/E Ratio
19.21
Dividend Yield
1.36%
Price Target
$37.28

CSX MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
5.5% Upside
$37.28 Price Target
Short Interest
Healthy
1.28% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-7.32
Upright™ Environmental Score
News Sentiment
0.41mentions of CSX in the last 14 days
Based on 27 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.15%
From $1.97 to $2.17 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.

4.11 out of 5 stars

Transportation Sector

30th out of 115 stocks

Railroads, Line-Haul Operating Industry

1st out of 2 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

Benchmark Boosts CSX (NASDAQ:CSX) Price Target to $40.00
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CSX (CSX) Set to Announce Earnings on Wednesday
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Man killed by train in South Side
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See More Headlines
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Company Calendar

Last Earnings
1/23/2024
Ex-Dividend for 3/15 Dividend
2/28/2024
Dividend Payable
3/15/2024
Today
4/13/2024
Next Earnings (Confirmed)
4/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$37.28
High Stock Price Target
$44.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+5.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
18 Analysts

Profitability

Net Income
$3.72 billion
Pretax Margin
33.37%

Debt

Sales & Book Value

Annual Sales
$14.66 billion
Cash Flow
$2.69 per share
Book Value
$6.14 per share

Miscellaneous

Outstanding Shares
1,957,590,000
Free Float
1,946,826,000
Market Cap
$69.18 billion
Optionable
Optionable
Beta
1.18

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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 reported a higher-than-expected EPS for the quarter, indicating strong financial performance.
  • The company has a solid return on equity of 30.52%, showcasing efficient utilization of shareholder funds.
  • CSX increased its dividend, providing investors with a higher yield and potentially attracting income-focused investors.
  • Analysts have set new price targets for CSX, with most ratings leaning towards a buy or outperform, indicating positive market sentiment.
  • CSX operates a vast rail network serving various population centers, which can lead to stable revenue streams and growth opportunities.

Cons

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

  • The company's revenue was down 1.3% compared to the same quarter last year, signaling a potential decline in top-line growth.
  • CSX's net margin of 25.35% may indicate lower profitability compared to industry peers, raising concerns about cost management.
  • StockNews.com downgraded CSX from a "buy" to a "hold" rating, suggesting a potential lack of short-term growth catalysts.
  • CSX's dividend payout ratio of 26.09% may limit future dividend growth or reinvestment in the business.
  • Despite positive analyst ratings, there could be external factors impacting the rail industry that may affect CSX's performance.
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 Tuesday, April 9, 2024. Please send any questions or comments about these CSX pros and cons to contact@marketbeat.com.

CSX Stock Analysis - Frequently Asked Questions

Should I buy or sell CSX stock right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CSX in the last year. There are currently 4 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street 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?

18 equities research analysts have issued 1-year price objectives for CSX's shares. Their CSX share price targets range from $25.00 to $44.00. On average, they predict the company's share price to reach $37.28 in the next twelve months. This suggests a possible upside of 5.5% 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 2024?

CSX's stock was trading at $34.67 at the beginning of 2024. Since then, CSX shares have increased by 1.9% and is now trading at $35.34.
View the best growth stocks for 2024 here
.

Are investors shorting CSX?

CSX saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 25,090,000 shares, an increase of 7.3% from the March 15th total of 23,390,000 shares. Based on an average daily trading volume, of 11,700,000 shares, the short-interest ratio is currently 2.1 days.
View CSX's Short Interest
.

When is CSX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 17th 2024.
View our CSX earnings forecast
.

How can I listen to CSX's earnings call?

CSX will be holding an earnings conference call on Wednesday, April 17th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were CSX's earnings last quarter?

CSX Co. (NASDAQ:CSX) posted its earnings results on Tuesday, January, 23rd. The transportation company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.01. The transportation company earned $3.68 billion during the quarter, compared to analysts' expectations of $3.63 billion. CSX had a trailing twelve-month return on equity of 30.52% and a net margin of 25.35%. CSX's revenue was down 1.3% compared to the same quarter last year. During the same period last year, the business posted $0.49 EPS.
Read the conference call transcript
.

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

CSX announced a quarterly dividend on Wednesday, February 14th. Investors of record on Thursday, February 29th will be given a dividend of $0.12 per share on Friday, March 15th. This represents a $0.48 annualized dividend and a dividend yield of 1.36%. The ex-dividend date of this dividend is Wednesday, February 28th. This is a boost from the stock's previous quarterly dividend of $0.11.
Read our dividend analysis for CSX
.

Is CSX a good dividend stock?

CSX (NASDAQ:CSX) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.35%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 26.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSX will have a dividend payout ratio of 22.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CSX.

When did CSX's stock split?

Shares of CSX split 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 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 number of institutional and retail investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.04%), Jacobs & Co. CA (0.02%), Czech National Bank (0.02%), Park National Corp OH (0.01%), Alaska Permanent Fund Corp (0.01%) and Community Bank of Raymore (0.01%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CSX) was last updated on 4/13/2024 by MarketBeat.com Staff

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