NASDAQ:CSX - CSX Stock Price, Forecast & News

CSX trades on the NASDAQ under the ticker symbol "CSX."

CSX announced a quarterly dividend on Thursday, October 3rd. Stockholders of record on Friday, November 29th will be paid a dividend of $0.24 per share on Friday, December 13th. This represents a $0.96 annualized dividend and a dividend yield of 1.26%. The ex-dividend date is Wednesday, November 27th. View CSX's Dividend History.

CSX declared that its Board of Directors has approved a stock buyback program on Wednesday, January 16th 2019, which authorizes the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 9.1% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued.

CSX Co. (NASDAQ:CSX) issued its quarterly earnings data on Thursday, January, 16th. The transportation company reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.97 by $0.02. The transportation company had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.94 billion. CSX had a net margin of 27.91% and a return on equity of 27.29%. CSX's revenue for the quarter was down 8.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.01 EPS. View CSX's Earnings History.

CSX is scheduled to release their next quarterly earnings announcement on Tuesday, April 21st 2020. View Earnings Estimates for CSX.

22 equities research analysts have issued 12-month price objectives for CSX's shares. Their forecasts range from $52.00 to $87.00. On average, they expect CSX's stock price to reach $77.90 in the next twelve months. This suggests a possible upside of 2.0% from the stock's current price. View Analyst Price Targets for CSX.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CSX in the last year. There are currently 1 sell rating, 15 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CSX.

Media headlines about CSX stock have trended somewhat negative on Sunday, according to InfoTrie. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. 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 coverage optimism score of -1.7 on InfoTrie's scale. They also assigned media coverage about the transportation company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for CSX.

CSX saw a increase in short interest in December. As of December 13th, there was short interest totalling 9,030,000 shares, an increase of 18.2% from the November 28th total of 7,640,000 shares. Based on an average daily volume of 4,580,000 shares, the short-interest ratio is currently 2.0 days. Currently, 1.2% of the shares of the company are short sold. View CSX's Current Options Chain.

Some companies that are related to CSX include Union Pacific (UNP), Canadian National Railway (CNI), Norfolk Southern (NSC), CENT JAPAN RWY/ADR (CJPRY), Canadian Pacific Railway (CP), Kansas City Southern (KSU), Genesee & Wyoming (GWR) and Guangshen Railway Co. Ltd ADR Class H (GSH).

Based on aggregate information from My MarketBeat watchlists, some companies that other CSX investors own include Alibaba Group (BABA), Home Depot (HD), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Verizon Communications (VZ), AT&T (T), NVIDIA (NVDA), Procter & Gamble (PG), General Electric (GE) and Walt Disney (DIS).

CSX's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.09%), Nisa Investment Advisors LLC (0.05%), Gateway Investment Advisers LLC (0.04%), Park National Corp OH (0.03%), Heritage Investors Management Corp (0.03%) and DNB Asset Management AS (0.02%). Company insiders that own CSX stock include Angela C Williams, James M Foote, Nathan D Goldman, Ridge Lp Mantle and Steven T Halverson. View Institutional Ownership Trends for CSX.

CSX stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, IFP Advisors Inc, Nisa Investment Advisors LLC, DNB Asset Management AS, IFM Investors Pty Ltd and Stock Yards Bank & Trust Co.. Company insiders that have sold CSX company stock in the last year include Angela C Williams, Nathan D Goldman, Ridge Lp Mantle and Steven T Halverson. View Insider Buying and Selling for CSX.

CSX stock was purchased by a variety of institutional investors in the last quarter, including Calamos Wealth Management LLC, Winmill & CO. Inc., Sciencast Management LP, 55I LLC, Sonora Investment Management LLC, Gateway Investment Advisers LLC, Park National Corp OH and New England Research & Management Inc.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CSX stock can currently be purchased for approximately $76.40.

CSX has a market capitalization of $59.77 billion and generates $11.94 billion in revenue each year. The transportation company earns $3.31 billion in net income (profit) each year or $4.17 on an earnings per share basis. CSX employs 22,500 workers across the globe.View Additional Information About CSX.

The official website for CSX is http://www.csx.com/.

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.