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
Industry Railroads, line-haul operating
Sub-IndustryN/A
SectorTransportation
Phone904-359-3200
Debt
Current Ratio1.43
Quick Ratio1.29
Price-To-Earnings
Sales & Book Value
Annual Sales$11.41 billion
Price / Sales4.84
Price / Cash Flow17.10
Price / Book3.97
Profitability
Net Income$5.47 billion
Net Margins55.19%
Return on Assets8.27%
Miscellaneous
Employees24,000
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. Shareholders of record on Friday, November 30th will be given a dividend of $0.22 per share on Friday, December 14th. This represents a $0.88 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend is Thursday, November 29th. View CSX's Dividend History.
How will CSX's stock buyback program work?
CSX announced that its board has authorized a share repurchase program on Wednesday, February 14th 2018, which authorizes the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.
How were CSX's earnings last quarter?
CSX Co. (NASDAQ:CSX) announced its earnings results on Tuesday, October, 16th. The transportation company reported $1.05 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.94 by $0.11. The transportation company earned $3.13 billion during the quarter, compared to analysts' expectations of $3.05 billion. CSX had a return on equity of 21.38% and a net margin of 55.19%. CSX's revenue was up 14.1% on a year-over-year basis. During the same quarter last year, the company earned $0.51 earnings per share. View CSX's Earnings History.
When is CSX's next earnings date?
How can I listen to CSX's earnings call?
CSX will be holding an earnings conference call on Wednesday, January 16th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883276279.
What price target have analysts set for CSX?
20 brokerages have issued 1-year target prices for CSX's shares. Their forecasts range from $56.00 to $90.00. On average, they expect CSX's stock price to reach $76.4225 in the next twelve months. This suggests a possible upside of 17.8% 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.
Has CSX been receiving favorable news coverage?
News coverage about CSX stock has trended positive on Wednesday, InfoTrie reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 gave media headlines about the transportation company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the company's share price in the next few 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 variety of of institutional and retail investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.07%), Atalanta Sosnoff Capital LLC (0.07%), Gulf International Bank UK Ltd (0.02%), Founders Capital Management LLC (0.02%), DNB Asset Management AS (0.02%) and Park National Corp OH (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, Dorsey Wright & Associates, Louisiana State Employees Retirement System, Hennessy Advisors Inc., New England Research & Management Inc., Marshwinds Advisory Co., State of Alaska Department of Revenue and Carroll Financial Associates Inc.. View Insider Buying and Selling for CSX.
Which major investors are buying CSX stock?
CSX stock was purchased by a variety of institutional investors in the last quarter, including Park National Corp OH, Boston Advisors LLC, DNB Asset Management AS, Town & Country Bank & Trust CO dba First Bankers Trust CO, Virtu Financial LLC, Visionary Asset Management Inc., QUANTRES ASSET MANAGEMENT Ltd and Strategic Wealth Management Group 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 $64.85.
How big of a company is CSX?
CSX has a market capitalization of $55.12 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.
