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
SymbolNASDAQ:CSX
CUSIPN/A
Phone904-359-3200
Debt
Debt-to-Equity Ratio0.96
Current Ratio1.87
Quick Ratio1.68
Price-To-Earnings
Trailing P/E Ratio28.28
Forward P/E Ratio19.96
P/E Growth1.45
Sales & Book Value
Annual Sales$11.41 billion
Price / Sales4.99
Cash Flow$3.7564 per share
Price / Cash17.32
Book Value$16.47 per share
Price / Book3.95
Profitability
EPS (Most Recent Fiscal Year)$2.30
Net Income$5.47 billion
Net Margins50.85%
Return on Equity18.00%
Return on Assets6.42%
Miscellaneous
Employees24,000
Outstanding Shares875,350,000
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 annualized dividend and a yield of 1.35%. 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 announced that its Board of Directors has initiated a share repurchase plan on Wednesday, February 14th 2018, which allows the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its stock is undervalued.
How were CSX's earnings last quarter?
CSX Co. (NASDAQ:CSX) posted its quarterly earnings results on Tuesday, April, 17th. The transportation company reported $0.78 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.66 by $0.12. The transportation company had revenue of $2.88 billion for the quarter, compared to analysts' expectations of $2.80 billion. CSX had a net margin of 50.85% and a return on equity of 18.00%. CSX's revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.51 EPS. View CSX's Earnings History.
When is CSX's next earnings date?
What price target have analysts set for CSX?
20 Wall Street analysts have issued 1 year target prices for CSX's stock. Their predictions range from $49.00 to $79.00. On average, they expect CSX's stock price to reach $65.50 in the next twelve months. View Analyst Ratings for CSX.
Are investors shorting CSX?
CSX saw a decrease in short interest in May. As of May 31st, there was short interest totalling 13,077,572 shares, a decrease of 8.6% from the May 15th total of 14,310,506 shares. Based on an average daily volume of 3,875,187 shares, the days-to-cover ratio is presently 3.4 days. Approximately 1.5% of the shares of the stock are sold short.
Who are some of CSX's key competitors?
Who are CSX's key executives?
CSX's management team includes the folowing people:
- Mr. Frank A. Lonegro, Exec. VP & CFO (Age 49)
- Ms. Cynthia M. Sanborn, Exec. Officer (Age 53)
- Mr. James M. Foote, Pres, CEO & Director (Age 64)
- Mr. Edmond L. Harris, Exec. VP of Operations (Age 68)
- Ms. Sarah Kathleen Brandt, Sr. VP & Chief Information Officer (Age 54)
Has CSX been receiving favorable news coverage?
News headlines about CSX stock have been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CSX earned a news impact score of 0.13 on Accern's scale. They also assigned news stories about the transportation company an impact score of 46.63 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are CSX's major shareholders?
CSX's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.83%), Neuberger Berman Group LLC (1.31%), Northern Trust Corp (1.15%), CI Global Investments Inc. (0.72%), Eaton Vance Management (0.61%) and Alleghany Corp DE (0.59%). 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 Scopus Asset Management L.P., Wells Fargo & Company MN, Swiss National Bank, Prudential Financial Inc., Northern Trust Corp, Legal & General Group Plc, California Public Employees Retirement System and Sumitomo Mitsui Trust Holdings Inc.. 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 CI Global Investments Inc., Interval Partners LP, Alleghany Corp DE, Neuberger Berman Group LLC, The Manufacturers Life Insurance Company, Toronto Dominion Bank, CIBC World Markets Inc. and Lord Abbett & CO. LLC. 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 $65.06.
How big of a company is CSX?
CSX has a market capitalization of $57.87 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 (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.
