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

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$74.90 -0.48 (-0.64 %)
(As of 05/26/2019 04:00 PM ET)
Previous Close$74.90
Today's Range$74.53 - $75.90
52-Week Range$58.47 - $80.73
Volume4.55 million shs
Average Volume4.74 million shs
Market Capitalization$60.61 billion
P/E Ratio19.51
Dividend Yield1.27%
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$5.4236 per share
Book Value$15.38 per share

Profitability

Net Income$3.31 billion

Miscellaneous

Employees22,500
Market Cap$60.61 billion
Next Earnings Date7/16/2019 (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 declared a quarterly dividend on Friday, May 3rd. Investors of record on Friday, May 31st will be paid a dividend of $0.24 per share on Friday, June 14th. This represents a $0.96 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend is Thursday, May 30th. View CSX's Dividend History.

How will CSX's stock buyback program work?

CSX announced that its board has initiated a share buyback program on Wednesday, January 16th 2019, which permits the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 9.1% of its shares through open market purchases. Shares buyback programs 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) posted its earnings results on Tuesday, April, 16th. The transportation company reported $1.02 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.91 by $0.11. The transportation company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $3 billion. CSX had a net margin of 27.84% and a return on equity of 26.13%. CSX's quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.78 EPS. View CSX's Earnings History.

When is CSX's next earnings date?

CSX is scheduled to release their next quarterly earnings announcement on Tuesday, July 16th 2019. View Earnings Estimates for CSX.

What price target have analysts set for CSX?

20 brokerages have issued 12-month price targets for CSX's stock. Their forecasts range from $57.00 to $93.00. On average, they anticipate CSX's stock price to reach $79.0853 in the next twelve months. This suggests a possible upside of 5.6% 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, 10 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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 its industry in a year's time. Ushering in further good news, the company performed well in the first quarter of 2019, wherein earnings and revenues surpassed the respective estimates. Both the metrics also improved year over year. Results were aided by favorable pricing and volume growth. Lower operating expenses too aided bottom-line growth. Furthermore, operating ratio (operating expenses as a percentage of revenues) improved in the quarter, courtesy of its cost-control measures. These apart, the company's efforts to reward its shareholders through dividend payments and buybacks are encouraging. This February, CSX announced a 9.1% dividend hike to 24 cents per share. However, below-par performance of the company's intermodal unit in the first quarter is worrisome. Additionally, CSX's high debt levels raise concern." (4/22/2019)
  • 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?

Press coverage about CSX stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CSX earned a daily sentiment score of -1.8 on InfoTrie's scale. They also assigned news articles about the transportation company a news buzz of 9.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.

Are investors shorting CSX?

CSX saw a drop in short interest during the month of April. As of April 15th, there was short interest totalling 11,440,749 shares, a drop of 21.1% from the March 29th total of 14,492,265 shares. Based on an average trading volume of 4,382,616 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.4% of the shares of the company are sold short. View CSX's Current Options Chain.

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 Cisco Systems (CSCO), Home Depot (HD), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Alibaba Group (BABA), Intel (INTC), General Electric (GE), Verizon Communications (VZ), NVIDIA (NVDA) and Mcdonald's (MCD).

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)
  • Mr. Nathan D. Goldman, Exec. VP, Chief Legal Officer & Corp. Sec. (Age 61)
  • Mr. Mark K. Wallace, Exec. VP of Sales & Marketing (Age 49)
  • Mr. Edmond L. Harris, Exec. VP of Operations - CSX Transportation, Inc. (Age 69)

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. (5.82%), Mantle Ridge LP (4.70%), FMR LLC (2.47%), Janus Henderson Group PLC (1.60%), Egerton Capital UK LLP (1.50%) and Geode Capital Management LLC (1.36%). Company insiders that own CSX stock include Angela C Williams, 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 Mantle Ridge LP, Morgan Stanley, FMR LLC, BlackRock Inc., Wellington Management Group LLP, Alleghany Corp DE, Bank of Montreal Can and Primecap Management Co. CA. Company insiders that have sold CSX company stock in the last year include Angela C Williams and Ridge Lp Mantle. 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 Impala Asset Management LLC, Magellan Asset Management Ltd, Geode Capital Management LLC, Lazard Asset Management LLC, First Trust Advisors LP, Clark Capital Management Group Inc., Egerton Capital UK LLP and Assenagon Asset Management S.A.. Company insiders that have bought CSX stock in the last two years include 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 $74.90.

How big of a company is CSX?

CSX has a market capitalization of $60.61 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:  324 (Vote Outperform)
Underperform Votes:  264 (Vote Underperform)
Total Votes:  588
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 5/26/2019 by MarketBeat.com Staff

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