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
SymbolNASDAQ:CSX
CUSIPN/A
Phone904-359-3200
Debt
Debt-to-Equity Ratio0.98
Current Ratio1.66
Quick Ratio1.68
Price-To-Earnings
Trailing P/E Ratio30.20
Forward P/E Ratio19.57
P/E Growth1.4
Sales & Book Value
Annual Sales$11.41 billion
Price / Sales5.33
Cash Flow$3.8186 per share
Price / Cash18.19
Book Value$16.02 per share
Price / Book4.34
Profitability
EPS (Most Recent Fiscal Year)$2.30
Net Income$5.47 billion
Net Margins53.27%
Return on Equity19.31%
Return on Assets7.16%
Miscellaneous
Employees24,000
Outstanding Shares875,350,000
Market Cap$60,802.09
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 18th. Shareholders of record on Thursday, May 31st will be paid a dividend of $0.22 per share on Friday, June 15th. This represents a $0.88 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend is Wednesday, May 30th. View CSX's Dividend History.
How will CSX's stock buyback program work?
CSX declared that its Board of Directors has authorized a share buyback plan 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 repurchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its stock is undervalued.
How were CSX's earnings last quarter?
CSX Co. (NASDAQ:CSX) released its quarterly earnings results on Tuesday, July, 17th. The transportation company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.15. The transportation company earned $3.10 billion during the quarter, compared to analyst estimates of $3 billion. CSX had a net margin of 53.27% and a return on equity of 19.31%. CSX's revenue for the quarter was up 5.8% on a year-over-year basis. During the same period last year, the company posted $0.64 earnings per share. View CSX's Earnings History.
When is CSX's next earnings date?
What price target have analysts set for CSX?
18 brokerages have issued 1 year target prices for CSX's stock. Their forecasts range from $52.00 to $82.00. On average, they expect CSX's share price to reach $69.2381 in the next year. This suggests that the stock has a possible downside of 0.3%. View Analyst Ratings 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, 3 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Are investors shorting CSX?
CSX saw a decrease in short interest in June. As of June 29th, there was short interest totalling 10,434,347 shares, a decrease of 19.4% from the June 15th total of 12,951,845 shares. Based on an average trading volume of 4,978,679 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.2% of the company's stock 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 & Chief Admin. Officer (Age 48)
- Mr. Peter J. Shudtz, VP of Federal Regulation
Has CSX been receiving favorable news coverage?
Headlines about CSX stock have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CSX earned a media sentiment score of 0.10 on Accern's scale. They also gave media coverage about the transportation company an impact score of 46.32 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are CSX's major shareholders?
CSX's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.15%), Calamos Advisors LLC (0.08%), Gateway Investment Advisers LLC (0.07%), Atalanta Sosnoff Capital LLC (0.06%), Mckinley Capital Management LLC Delaware (0.06%) and Nisa Investment Advisors LLC (0.05%). Company insiders that own CSX stock include Clarence W Gooden, E Hunter Harrison, Gary Keith Anderson, James M Foote, Michael J Ward, Ridge Lp Mantle and Steven Brassard. 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 Mckinley Capital Management LLC Delaware, Bank of Montreal Can, Hartford Investment Management Co., Pendal Group Ltd, Gateway Investment Advisers LLC, Cullinan Associates Inc., Heritage Investors Management Corp and Pensionfund DSM Netherlands. View Insider Buying and Selling for CSX.
Which institutional investors are buying CSX stock?
CSX stock was acquired by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Cornerstone Wealth Management LLC, Calamos Advisors LLC, V Wealth Management LLC, State of Alaska Department of Revenue, Pwmco LLC, IFM Investors Pty Ltd and First PREMIER Bank. Company insiders that have bought CSX stock in the last two years include E Hunter Harrison, Gary Keith Anderson, James M Foote, Ridge Lp Mantle and Steven Brassard. 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 $69.46.
How big of a company is CSX?
CSX has a market capitalization of $60.80 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.
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.
