S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NASDAQ:CSX

CSX (CSX) Stock Price, News & Analysis

$34.39
+0.23 (+0.67%)
(As of 04/18/2024 ET)
Today's Range
$34.08
$35.00
50-Day Range
$34.16
$38.38
52-Week Range
$29.03
$40.12
Volume
25.71 million shs
Average Volume
12.11 million shs
Market Capitalization
$67.32 billion
P/E Ratio
18.69
Dividend Yield
1.40%
Price Target
$37.28

CSX MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
9.7% Upside
$37.72 Price Target
Short Interest
Healthy
1.28% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-7.32
Upright™ Environmental Score
News Sentiment
0.38mentions of CSX in the last 14 days
Based on 55 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.15%
From $1.97 to $2.17 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.06 out of 5 stars

Transportation Sector

29th out of 106 stocks

Railroads, Line - Haul Operating Industry

3rd out of 7 stocks

CSX stock logo

About CSX Stock (NASDAQ:CSX)

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. In addition, the company provides intermodal services through a network of approximately 30 terminals transporting manufactured consumer goods in containers; and drayage services, including the pickup and delivery of intermodal shipments. It serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products, such as plastics and ethanol from rail to trucks. The company operates approximately 20,000 route mile rail network, which serves various population centers in 26 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 3,500 locomotives. It serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.

CSX Stock Price History

CSX Stock News Headlines

CSX Co.: The Railroad Powering Ahead with an Earnings Beat
CSX Corporation NASDAQ: CSX is a leading North American freight railroad operator. The railroad and railway sub-sector operates within the broader transportation sector.
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
CSX Corporation, a major freight railroad, exceeded analyst expectations with its strong first-quarter 2024 earnings report.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
CSX shares climb after Q1 results top expectations
CSX to field-test hydrogen-powered locomotive
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
CSX Corp. Announces First Quarter 2024 Results
Traders Buy High Volume of Put Options on CSX (NASDAQ:CSX)
CSX earnings: here's what Wall Street expects
See More Headlines
Receive CSX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for CSX and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 3/15 Dividend
2/28/2024
Dividend Payable
3/15/2024
Last Earnings
4/17/2024
Today
4/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Railroads, line - haul operating
Sub-Industry
N/A
Current Symbol
NASDAQ:CSX
Employees
23,000
Year Founded
1827

Price Target and Rating

Average Stock Price Target
$37.33
High Stock Price Target
$44.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+7.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
18 Analysts

Profitability

Net Income
$3.72 billion
Pretax Margin
33.37%

Debt

Sales & Book Value

Annual Sales
$14.66 billion
Cash Flow
$2.69 per share
Book Value
$6.14 per share

Miscellaneous

Outstanding Shares
1,957,590,000
Free Float
1,946,826,000
Market Cap
$68.18 billion
Optionable
Optionable
Beta
1.18

Social Links

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Should I Buy CSX Stock? CSX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in CSX Co.:

  • CSX reported a strong return on equity of 30.52%, indicating efficient use of shareholder funds.
  • CSX increased its dividend, now offering a dividend yield of 1.29%, providing potential income for investors.
  • Wall Street analysts have a positive outlook on CSX, with a consensus rating of "Moderate Buy" and an average target price of $36.24, suggesting growth potential.
  • CSX's quarterly earnings beat analysts' estimates, showing strong financial performance.
  • CSX operates a vast rail network of approximately 20,000 route miles, positioning the company well in the transportation industry.

Cons

Investors should be bearish about investing in CSX Co. for these reasons:

  • CSX's quarterly revenue was down 1.3% compared to the same quarter last year, indicating a slight decline in revenue.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these CSX pros and cons to contact@marketbeat.com.

CSX Stock Analysis - Frequently Asked Questions

Should I buy or sell CSX stock right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CSX in the last twelve months. There are currently 4 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CSX shares.
View CSX analyst ratings
or view top-rated stocks.

What is CSX's stock price target for 2024?

18 equities research analysts have issued 12 month price targets for CSX's stock. Their CSX share price targets range from $25.00 to $44.00. On average, they predict the company's share price to reach $37.72 in the next twelve months. This suggests a possible upside of 9.7% from the stock's current price.
View analysts price targets for CSX
or view top-rated stocks among Wall Street analysts.

How have CSX shares performed in 2024?

CSX's stock was trading at $34.67 on January 1st, 2024. Since then, CSX shares have decreased by 0.8% and is now trading at $34.39.
View the best growth stocks for 2024 here
.

Are investors shorting CSX?

CSX saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 25,090,000 shares, an increase of 7.3% from the March 15th total of 23,390,000 shares. Based on an average trading volume of 11,700,000 shares, the short-interest ratio is presently 2.1 days.
View CSX's Short Interest
.

When is CSX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our CSX earnings forecast
.

How were CSX's earnings last quarter?

CSX Co. (NASDAQ:CSX) issued its quarterly earnings data on Wednesday, April, 17th. The transportation company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.01. The transportation company had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.66 billion. CSX had a net margin of 25.35% and a trailing twelve-month return on equity of 30.52%. The business's revenue for the quarter was down .8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 EPS.
Read the conference call transcript
.

How often does CSX pay dividends? What is the dividend yield for CSX?

CSX declared a quarterly dividend on Wednesday, February 14th. Shareholders of record on Thursday, February 29th will be paid a dividend of $0.12 per share on Friday, March 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date is Wednesday, February 28th. This is a boost from the stock's previous quarterly dividend of $0.11.
Read our dividend analysis for CSX
.

Is CSX a good dividend stock?

CSX (NASDAQ:CSX) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.38%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 26.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSX will have a dividend payout ratio of 22.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CSX.

When did CSX's stock split?

CSX's stock split on the morning of Tuesday, June 29th 2021. The 3-1 split was announced on Friday, June 4th 2021. The newly created shares were payable to shareholders after the market closes on Monday, June 28th 2021. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

What is Jim Foote's approval rating as CSX's CEO?

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.

What other stocks do shareholders of CSX own?

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).

Who are CSX's major shareholders?

CSX's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.04%), Gateway Investment Advisers LLC (0.04%), Jacobs & Co. CA (0.02%), Czech National Bank (0.02%), Trust Co. of Virginia VA (0.02%) and Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include Angela C Williams, David M Moffett, Diana B Sorfleet, John J Zillmer, Juan Andres, Mark Kenneth Wallace, Nathan D Goldman, Nathan D Goldman and Paul C Hilal.
View institutional ownership trends
.

How do I buy shares of CSX?

Shares of CSX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CSX) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners