CSX - CSX Stock Forecast, Price & News

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CSX in the last twelve months. There are currently 1 sell rating, 10 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CSX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CSX, but not buy additional shares or sell existing shares.
View CSX analyst ratings or view top-rated stocks.

21 brokerages have issued 12-month price objectives for CSX's shares. Their CSX share price forecasts range from $24.00 to $41.00. On average, they predict the company's share price to reach $34.39 in the next twelve months. This suggests a possible upside of 19.6% 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 at the beginning of 2023. Since then, CSX stock has decreased by 7.2% and is now trading at $28.75.
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CSX saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 18,880,000 shares, a drop of 12.7% from the February 28th total of 21,630,000 shares. Based on an average trading volume of 13,540,000 shares, the short-interest ratio is currently 1.4 days.
View CSX's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023.
View our CSX earnings forecast.

CSX will be holding an earnings conference call on Thursday, April 20th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

CSX Co. (NASDAQ:CSX) released its quarterly earnings results on Wednesday, January, 25th. The transportation company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The transportation company had revenue of $3.73 billion for the quarter, compared to analyst estimates of $3.72 billion. CSX had a trailing twelve-month return on equity of 31.48% and a net margin of 28.05%. CSX's revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.42 EPS.
Read the conference call transcript.

CSX declared a quarterly dividend on Wednesday, February 15th. Stockholders of record on Tuesday, February 28th will be given a dividend of $0.11 per share on Wednesday, March 15th. This represents a $0.44 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend is Monday, February 27th. This is a boost from the stock's previous quarterly dividend of $0.10.
Read our dividend analysis for CSX.

ETFs with the largest weight of CSX (NASDAQ:CSX) stock in their portfolio include iShares U.S. Transportation ETF (IYT), First Trust Nasdaq Transportation ETF (FTXR), Direxion Daily Transportation Bull 3X Shares (TPOR), ProShares Supply Chain Logistics ETF (SUPL), Pacer Industrials and Logistics ETF (SHPP), Global X U.S. Infrastructure Development ETF (PAVE), IQ Cleaner Transport ETF (CLNR) and God Bless America ETF (YALL).

CSX (NASDAQ:CSX) pays an annual dividend of $0.44 per share and currently has a dividend yield of 1.56%. 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 22.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSX will have a dividend payout ratio of 22.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CSX.

CSX shares 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.

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 a number of institutional and retail investors. Top institutional shareholders include Soroban Capital Partners LP (2.76%), Price T Rowe Associates Inc. MD (2.03%), Geode Capital Management LLC (1.83%), Lazard Asset Management LLC (1.21%), Moneta Group Investment Advisors LLC (1.11%) and Morgan Stanley (1.06%). 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 $28.75.

CSX (NASDAQ:CSX) has a market capitalization of $59.30 billion and generates $14.85 billion in revenue each year. The transportation company earns $4.17 billion in net income (profit) each year or $1.94 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.