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

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$72.95 -0.92 (-1.25 %)
(As of 03/19/2019 04:00 PM ET)
Previous Close$73.87
Today's Range$72.82 - $74.37
52-Week Range$53.53 - $76.24
Volume4.49 million shs
Average Volume5.41 million shs
Market Capitalization$59.69 billion
P/E Ratio19.00
Dividend Yield1.30%
Beta1.29
CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services, as well as transports intermodal containers and trailers. It transports chemicals, automotive, agricultural and food products, minerals, fertilizers, forest products, and metals and equipment; 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 30 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 20,500 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 3,900 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$5.6815 per share
Book Value$15.38 per share

Profitability

Net Income$3.31 billion

Miscellaneous

Employees22,500
Market Cap$59.69 billion
Next Earnings Date4/16/2019 (Estimated)
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. Investors of record on Thursday, February 28th will be given a dividend of $0.24 per share on Friday, March 15th. This represents a $0.96 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Wednesday, February 27th. This is a positive change from CSX's previous quarterly dividend of $0.22. View CSX's Dividend History.

How will CSX's stock buyback program work?

CSX declared that its board has approved a stock repurchase plan on Wednesday, January 16th 2019, which permits the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 9.1% of its stock through open market purchases. Stock buyback plans are generally 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) released its quarterly earnings data on Wednesday, January, 16th. The transportation company reported $1.01 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $1.01. The transportation company had revenue of $3.14 billion for the quarter, compared to analysts' expectations of $3.12 billion. CSX had a return on equity of 24.18% and a net margin of 27.01%. CSX's revenue was up 9.8% compared to the same quarter last year. During the same period last 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 Wall Street analysts have issued 1-year price targets for CSX's shares. Their forecasts range from $56.00 to $90.00. On average, they anticipate CSX's stock price to reach $75.3725 in the next year. This suggests a possible upside of 3.3% 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, 8 hold ratings and 11 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 have outperformed the industry in a year's time. The company has been aiding from impressive volume growth and strong pricing. Additionally, the company has shown consistent improvement in operating ratio. In fact, it expects to achieve its 60% operating ratio target this year itself instead of 2020 expected earlier, on the back of operational efficiency. The company's measures to reward shareholders through dividend payments and buybacks is also encouraging. This February, CSX announced a 9.1% dividend hike to 24 cents per share. However, the company's sluggish revenue growth projection for 2019 is concerning. For the current year, the company expects revenues to improve in low single digits, compared with 7% growth in 2018. Additionally, declining volumes at the company's fertilizer segment raise concerns. CSX's high debt levels are also worrisome." (2/28/2019)
  • 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 coverage about CSX stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CSX earned a coverage optimism score of -1.9 on InfoTrie's scale. They also assigned media headlines about the transportation company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the stock's share price in the near term.

Who are some of CSX's key competitors?

What other stocks do shareholders of CSX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CSX investors own include General Electric (GE), Intel (INTC), Boeing (BA), NVIDIA (NVDA), AT&T (t), Exxon Mobil (XOM), Cisco Systems (CSCO), Home Depot (HD), Caterpillar (CAT) and Bank of America (BAC).

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 variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.85%), FMR LLC (2.83%), Oregon Public Employees Retirement Fund (1.36%), Geode Capital Management LLC (1.27%), Northern Trust Corp (1.16%) and Bank of New York Mellon Corp (1.10%). 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 institutional 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 institutional 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, Norges Bank, CI Investments Inc., FMR LLC, BlackRock Inc., Royal London Asset Management Ltd., Pactiv General Employee Benefit Trust and Geode Capital Management LLC. 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 $72.95.

How big of a company is CSX?

CSX has a market capitalization of $59.69 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:  2.8 out of 5 (star star)
Outperform Votes:  310 (Vote Outperform)
Underperform Votes:  242 (Vote Underperform)
Total Votes:  552
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 3/19/2019 by MarketBeat.com Staff

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