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5 Dividend Kings Stocks to Load Up on Now
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Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
NASDAQ:CSX

CSX (CSX) Stock Price, News & Analysis

$36.84
+0.71 (+1.97%)
(As of 03/27/2024 ET)
Today's Range
$36.25
$36.86
50-Day Range
$34.39
$38.38
52-Week Range
$28.73
$40.12
Volume
8.45 million shs
Average Volume
11.72 million shs
Market Capitalization
$72.17 billion
P/E Ratio
20.02
Dividend Yield
1.30%
Price Target
$36.24

CSX MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
1.6% Downside
$36.24 Price Target
Short Interest
Healthy
1.19% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-7.32
Upright™ Environmental Score
News Sentiment
0.49mentions of CSX in the last 14 days
Based on 24 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.20%
From $1.96 to $2.16 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.

4.31 out of 5 stars

Transportation Sector

26th out of 114 stocks

Railroads, Line - Haul Operating Industry

2nd 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

4x Better than Bitcoin
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
4x Better than Bitcoin
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Rail company CSX says to expect coal shipment delays
CSX Quantitative Stock Analysis
CSX Mar 2024 36.000 put
CSX Mar 2024 37.000 call
See More Headlines
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Company Calendar

Last Earnings
1/23/2024
Ex-Dividend for 3/15 Dividend
2/28/2024
Dividend Payable
3/15/2024
Today
3/27/2024
Next Earnings (Estimated)
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
$36.24
High Stock Price Target
$39.00
Low Stock Price Target
$25.00
Potential Upside/Downside
-1.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
17 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
1,959,130,000
Free Float
1,951,885,000
Market Cap
$72.17 billion
Optionable
Optionable
Beta
1.18

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Should I Buy CSX Stock? CSX Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of CSX was last updated on Tuesday, March 26, 2024 at 10:24 PM.

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 payout, showing commitment to rewarding shareholders.
  • CSX's revenue for the quarter exceeded consensus estimates, demonstrating strong financial performance.
  • CSX has a diverse range of transportation services, reducing dependency on a single sector.
  • CSX has a network of approximately 30 terminals for intermodal services, enhancing operational efficiency.

Cons

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

  • CSX's revenue was down 1.3% compared to the same quarter last year, indicating a slight decline.
  • CSX's dividend payout ratio is currently 23.91%, which may limit future dividend growth.
  • CSX's stock price may be impacted by fluctuations in the transportation industry and economic conditions.
  • CSX faces competition from other rail-based freight transportation companies, potentially affecting market share.
  • CSX's stock rating has a consensus of "Moderate Buy," suggesting mixed opinions from analysts.

CSX Stock Analysis - Frequently Asked Questions

Should I buy or sell CSX stock right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CSX in the last twelve months. There are currently 3 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research 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?

17 brokerages have issued 12-month price objectives for CSX's stock. Their CSX share price targets range from $25.00 to $39.00. On average, they predict the company's share price to reach $36.24 in the next year. This suggests that the stock has a possible downside of 1.6%.
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 stock has increased by 6.3% and is now trading at $36.84.
View the best growth stocks for 2024 here
.

Are investors shorting CSX?

CSX saw a increase in short interest in March. As of March 15th, there was short interest totaling 23,390,000 shares, an increase of 6.6% from the February 29th total of 21,950,000 shares. Based on an average trading volume of 11,350,000 shares, the days-to-cover ratio is currently 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, April 18th 2024.
View our CSX earnings forecast
.

How were CSX's earnings last quarter?

CSX Co. (NASDAQ:CSX) issued its quarterly earnings results on Tuesday, January, 23rd. The transportation company reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.01. The transportation company had revenue of $3.68 billion for the quarter, compared to analyst estimates of $3.63 billion. CSX had a net margin of 25.35% and a trailing twelve-month return on equity of 30.52%. CSX's revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.49 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 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend 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 1.30%. 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 22.22% 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 Tuesday, June 29th 2021. The 3-1 split was announced on Friday, June 4th 2021. The newly issued shares were payable to shareholders after the closing bell 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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.93%), Vanguard Group Inc. (8.85%), Price T Rowe Associates Inc. MD (3.28%), Capital World Investors (2.55%), Capital International Investors (2.04%) and Legal & General Group Plc (1.18%). 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 3/28/2024 by MarketBeat.com Staff

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