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

Sign in or create an account to add this stock to your watchlist.
$65.09 -0.29 (-0.44 %)
(As of 01/17/2019 04:00 PM ET)
Previous Close$65.38
Today's Range$63.14 - $65.26
52-Week Range$48.43 - $76.24
Volume11.25 million shs
Average Volume5.81 million shs
Market Capitalization$54.98 billion
P/E Ratio28.30
Dividend Yield1.36%
Beta1.33
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.

Receive CSX News and Ratings via Email

Sign-up to receive the latest news and ratings for CSX and its competitors with MarketBeat's FREE daily newsletter.

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$11.41 billion
Cash Flow$3.8154 per share
Book Value$16.47 per share

Profitability

Net Income$5.47 billion

Miscellaneous

Employees24,000
Market Cap$54.98 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 declared a quarterly dividend on Wednesday, October 3rd. Stockholders of record on Friday, November 30th will be paid a dividend of $0.22 per share on Friday, December 14th. This represents a $0.88 annualized dividend and a dividend yield of 1.35%. The ex-dividend date is Thursday, November 29th. View CSX's Dividend History.

How will CSX's stock buyback program work?

CSX declared that its board has approved a share repurchase program on Wednesday, February 14th 2018, which authorizes the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

How were CSX's earnings last quarter?

CSX Co. (NASDAQ:CSX) announced its earnings results on Wednesday, January, 16th. The transportation company reported $1.01 EPS for the quarter, meeting the consensus estimate of $1.01. The transportation company earned $3.14 billion during the quarter, compared to analysts' expectations of $3.12 billion. CSX had a return on equity of 21.38% and a net margin of 55.19%. The company's revenue was up 9.8% on a year-over-year basis. During the same period in the prior 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 target prices for CSX's stock. Their predictions range from $56.00 to $90.00. On average, they expect CSX's share price to reach $76.0225 in the next twelve months. This suggests a possible upside of 16.8% 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, 6 hold ratings and 13 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. 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)
  • 2. According to Zacks Investment Research, "Shares of CSX Corporation have outperformed its industry in a year's time. The company is benefiting from implementation of the Precision Scheduled Railroading system. Evidently, operating ratio has been declining steadily over the past few quarters owing to the company's cost cutting measures. We expect the metric to improve further in the fourth quarter of 2018, results of which will be out on Jan 16.   We are also positive on CSX's decision to raise its 2018 revenue growth guidance. The company now anticipates revenues to increase between 6% and 8% (previous guidance had predicted an increase in the mid-single digits). Additionally, the company’s efforts to reward its shareholders through dividends and buybacks are encouraging. CSX's high debt levels, however, raise concerns. Sluggish automotive volumes are also worrisome." (1/15/2019)

Has CSX been receiving favorable news coverage?

News coverage about CSX stock has trended negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news 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 media sentiment score of -2.8 on InfoTrie's scale. They also assigned media headlines about the transportation company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the company's share price in the next several days.

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 64)
  • Mr. Frank A. Lonegro, Exec. VP & CFO (Age 49)
  • Ms. Sarah Kathleen Brandt, Sr. VP & Chief Information Officer (Age 54)
  • Mr. Mark K. Wallace, Exec. VP of Sales & Marketing (Age 48)
  • 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 Gateway Investment Advisers LLC (0.07%), Atalanta Sosnoff Capital LLC (0.07%), Nisa Investment Advisors LLC (0.05%), Highland Capital Management LLC (0.03%), Gulf International Bank UK Ltd (0.02%) and Founders Capital Management LLC (0.02%). 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 Gulf International Bank UK Ltd, Nisa Investment Advisors LLC, Dorsey Wright & Associates, Louisiana State Employees Retirement System, Patten & Patten Inc. TN, Highland Capital Management LLC, Hennessy Advisors Inc. and New England Research & Management Inc.. View Insider Buying and Selling for CSX.

Which major investors are buying CSX stock?

CSX stock was acquired by a variety of institutional investors in the last quarter, including Park National Corp OH, Boston Advisors LLC, Bowling Portfolio Management LLC, DNB Asset Management AS, Town & Country Bank & Trust CO dba First Bankers Trust CO, Virtu Financial LLC, Hudson Valley Investment Advisors Inc. ADV and MinichMacGregor Wealth 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 $65.09.

How big of a company is CSX?

CSX has a market capitalization of $54.98 billion and generates $11.41 billion in revenue each year. The transportation company earns $5.47 billion in net income (profit) each year or $2.30 on an earnings per share basis. CSX employs 24,000 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:  295 (Vote Outperform)
Underperform Votes:  217 (Vote Underperform)
Total Votes:  512
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 1/17/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel