NASDAQ:CSX - CSX Stock Price, Forecast & News

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

CSX declared a quarterly dividend on Thursday, October 3rd. Shareholders of record on Friday, November 29th will be given a dividend of $0.24 per share on Friday, December 13th. This represents a $0.96 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date is Wednesday, November 27th. View CSX's Dividend History.

CSX announced that its Board of Directors has approved a share repurchase plan 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 plans are usually an indication that the company's leadership believes its stock is undervalued.

CSX Co. (NASDAQ:CSX) released its quarterly earnings results on Thursday, January, 16th. The transportation company reported $0.99 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.97 by $0.02. The transportation company had revenue of $2.89 billion for the quarter, compared to analysts' expectations of $2.94 billion. CSX had a return on equity of 27.49% and a net margin of 27.91%. CSX's quarterly revenue was down 8.2% compared to the same quarter last year. During the same period last year, the business earned $1.01 earnings per share. View CSX's Earnings History.

CSX is scheduled to release their next quarterly earnings announcement on Tuesday, April 21st 2020. View Earnings Estimates for CSX.

23 equities research analysts have issued twelve-month price targets for CSX's stock. Their forecasts range from $52.00 to $87.00. On average, they anticipate CSX's share price to reach $77.90 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price. View Analyst Price Targets for CSX.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CSX in the last year. There are currently 1 sell rating, 16 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CSX.

Headlines about CSX stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. CSX earned a news sentiment score of 1.8 on InfoTrie's scale. They also assigned headlines about the transportation company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for CSX.

CSX saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 9,030,000 shares, an increase of 18.2% from the November 28th total of 7,640,000 shares. Based on an average trading volume of 4,580,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.2% of the shares of the company are sold short. View CSX's Current Options Chain.

Some companies that are related to CSX include Union Pacific (UNP), Canadian National Railway (CNI), Norfolk Southern (NSC), CENT JAPAN RWY/ADR (CJPRY), Canadian Pacific Railway (CP), Kansas City Southern (KSU), Genesee & Wyoming (GWR) and Guangshen Railway Co. Ltd ADR Class H (GSH).

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

CSX's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.09%), Nisa Investment Advisors LLC (0.05%), Gateway Investment Advisers LLC (0.04%), Park National Corp OH (0.03%), Heritage Investors Management Corp (0.03%) and Zurcher Kantonalbank Zurich Cantonalbank (0.02%). Company insiders that own CSX stock include Angela C Williams, James M Foote, Nathan D Goldman, Ridge Lp Mantle and Steven T Halverson. View Institutional Ownership Trends for CSX.

CSX stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, IFP Advisors Inc, Gibraltar Capital Management Inc., Nisa Investment Advisors LLC, DNB Asset Management AS and BLB&B Advisors LLC. Company insiders that have sold CSX company stock in the last year include Angela C Williams, Nathan D Goldman, Ridge Lp Mantle and Steven T Halverson. View Insider Buying and Selling for CSX.

CSX stock was purchased by a variety of institutional investors in the last quarter, including Calamos Wealth Management LLC, Winmill & CO. Inc., Sciencast Management LP, 55I LLC, Janney Montgomery Scott LLC, Sonora Investment Management LLC, Gateway Investment Advisers LLC and Park National Corp OH. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CSX stock can currently be purchased for approximately $75.89.

CSX has a market capitalization of $59.37 billion and generates $11.94 billion in revenue each year. The transportation company earns $3.33 billion in net income (profit) each year or $4.17 on an earnings per share basis. CSX employs 22,500 workers across the globe.View Additional Information About CSX.

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

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.