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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Railroads, line-haul operating
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:CSX
Previous Symbol
CUSIPN/A
Phone904-359-3200
Debt
Debt-to-Equity Ratio1.00
Current Ratio1.43
Quick Ratio1.29
Price-To-Earnings
Trailing P/E Ratio27.78
Forward P/E Ratio16.77
P/E Growth1.29
Sales & Book Value
Annual Sales$11.41 billion
Price / Sales4.73
Cash Flow$3.7059 per share
Price / Cash Flow17.24
Book Value$16.47 per share
Price / Book3.88
Profitability
EPS (Most Recent Fiscal Year)$2.30
Net Income$5.47 billion
Net Margins55.19%
Return on Equity21.38%
Return on Assets8.27%
Miscellaneous
Employees24,000
Outstanding Shares844,420,000
Market Cap$55.59 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 dividend on an annualized basis and a dividend yield of 1.38%. 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 of Directors has authorized a stock buyback plan on Wednesday, February 14th 2018, which authorizes the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually 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) issued its quarterly earnings results on Tuesday, October, 16th. The transportation company reported $1.05 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.94 by $0.11. The transportation company had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3.05 billion. CSX had a net margin of 55.19% and a return on equity of 21.38%. CSX's revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.51 earnings per share. View CSX's Earnings History.
When is CSX's next earnings date?
What price target have analysts set for CSX?
18 analysts have issued 12-month target prices for CSX's shares. Their forecasts range from $55.00 to $90.00. On average, they expect CSX's stock price to reach $78.4737 in the next twelve months. This suggests a possible upside of 22.8% from the stock's current price. View Analyst Price Targets for CSX.
What is the consensus analysts' recommendation for CSX?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CSX in the last year. There are currently 1 sell rating, 5 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CSX.
Has CSX been receiving favorable news coverage?
News stories about CSX stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. CSX earned a news sentiment score of 1.9 on InfoTrie's scale. They also gave news coverage about the transportation company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days.
Are investors shorting CSX?
CSX saw a increase in short interest in November. As of November 15th, there was short interest totalling 19,138,627 shares, an increase of 18.8% from the October 31st total of 16,115,722 shares. Based on an average daily trading volume, of 5,035,904 shares, the short-interest ratio is presently 3.8 days. Currently, 2.3% of the shares of the company are short sold. View CSX's Current Options Chain.
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 many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc (7.70%), BlackRock Inc. (5.72%), Capital Research Global Investors (4.69%), Capital World Investors (3.52%), FMR LLC (2.40%) and Janus Henderson Group PLC (1.49%). 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 Capital Research Global Investors, Eaton Vance Management, BlackRock Inc., FMR LLC, Standard Life Aberdeen plc, Vanguard Group Inc, Mitsubishi UFJ Trust & Banking Corp and Neuberger Berman Group 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 Capital World Investors, Janus Henderson Group PLC, Morgan Stanley, Prudential Financial Inc., PNC Financial Services Group Inc., Wells Fargo & Company MN, Renaissance Technologies LLC and Federated Investors Inc. PA. 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 $63.89.
How big of a company is CSX?
CSX has a market capitalization of $55.59 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?
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)
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.
