CSX - CSX Stock Forecast, Price & News

22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CSX in the last year. There are currently 1 sell rating, 7 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CSX shares.
View CSX analyst ratings or view top-rated stocks.

22 brokers have issued 12 month target prices for CSX's stock. Their CSX share price forecasts range from $25.00 to $41.00. On average, they anticipate the company's share price to reach $36.42 in the next twelve months. This suggests a possible upside of 31.6% 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 $37.60 at the start of the year. Since then, CSX shares have decreased by 26.4% and is now trading at $27.68.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
View our CSX earnings forecast.

CSX Co. (NASDAQ:CSX) posted its earnings results on Wednesday, July, 20th. The transportation company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.03. The transportation company had revenue of $3.82 billion for the quarter, compared to analysts' expectations of $3.67 billion. CSX had a trailing twelve-month return on equity of 29.07% and a net margin of 28.24%. The firm's revenue was up 27.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.40 earnings per share.
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CSX announced a quarterly dividend on Wednesday, July 13th. Shareholders of record on Wednesday, August 31st will be paid a dividend of $0.10 per share on Thursday, September 15th. This represents a $0.40 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date is Tuesday, August 30th.
Read our dividend analysis for CSX.

CSX (NASDAQ:CSX) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.40%. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 22.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSX will have a dividend payout ratio of 20.30% 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 the morning of Tuesday, June 29th 2021. The 3-1 split was announced on Friday, June 4th 2021. The newly minted shares were distributed 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.

CSX declared that its Board of Directors has authorized a share repurchase program on Wednesday, October 21st 2020, which allows the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 8.3% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board believes its shares are undervalued.

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 retail and institutional investors. Top institutional shareholders include State Street Corp (4.49%), Price T Rowe Associates Inc. MD (2.06%), Lazard Asset Management LLC (1.18%), Northern Trust Corp (1.10%), Egerton Capital UK LLP (1.04%) and FMR LLC (0.99%). 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, Paul C Hilal, Ridge Lp Mantle and Steven T Halverson.
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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 $27.68.

CSX (NASDAQ:CSX) has a market capitalization of $59.27 billion and generates $12.52 billion in revenue each year. The transportation company earns $3.78 billion in net income (profit) each year or $1.78 on an earnings per share basis.

The company employs 20,900 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.