Zacks Research Weighs in on CSX Co.’s FY2026 Earnings (NASDAQ:CSX)

CSX Co. (NASDAQ:CSX) – Investment analysts at Zacks Research raised their FY2026 earnings per share (EPS) estimates for shares of CSX in a research note issued on Wednesday, May 1st. Zacks Research analyst M. Basu now forecasts that the transportation company will earn $1.92 per share for the year, up from their prior forecast of $1.88. The consensus estimate for CSX’s current full-year earnings is $1.95 per share.

A number of other equities analysts have also weighed in on the stock. Susquehanna increased their target price on shares of CSX from $42.00 to $44.00 and gave the stock a “positive” rating in a research report on Thursday, March 28th. Bank of America cut their price objective on shares of CSX from $40.00 to $39.00 and set a “buy” rating for the company in a report on Thursday, April 18th. UBS Group lowered their target price on shares of CSX from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Thursday, April 18th. Benchmark reaffirmed a “buy” rating and issued a $40.00 price target on shares of CSX in a report on Thursday, April 18th. Finally, Raymond James boosted their price objective on CSX from $35.00 to $38.00 and gave the company an “outperform” rating in a research note on Tuesday, January 16th. Five analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $38.00.

CSX Trading Up 0.8 %

Shares of CSX opened at $33.85 on Monday. CSX has a fifty-two week low of $29.03 and a fifty-two week high of $40.12. The business has a 50-day moving average of $36.23 and a 200 day moving average of $34.59. The firm has a market cap of $66.17 billion, a P/E ratio of 18.60, a price-to-earnings-growth ratio of 2.03 and a beta of 1.19. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.00 and a current ratio of 1.15.

CSX (NASDAQ:CSX) last announced its quarterly earnings data on Wednesday, April 17th. The transportation company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.01. The business had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.66 billion. CSX had a return on equity of 29.58% and a net margin of 24.75%. CSX’s revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.48 earnings per share.

CSX Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were given a dividend of $0.12 per share. The ex-dividend date was Wednesday, February 28th. This is a positive change from CSX’s previous quarterly dividend of $0.11. This represents a $0.48 annualized dividend and a yield of 1.42%. CSX’s payout ratio is presently 26.37%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Team Hewins LLC lifted its stake in CSX by 1.7% during the first quarter. Team Hewins LLC now owns 18,778 shares of the transportation company’s stock worth $696,000 after purchasing an additional 306 shares during the last quarter. Csenge Advisory Group lifted its position in CSX by 27.0% in the 1st quarter. Csenge Advisory Group now owns 24,320 shares of the transportation company’s stock worth $902,000 after buying an additional 5,166 shares during the last quarter. Richardson Financial Services Inc. boosted its stake in CSX by 55.0% in the first quarter. Richardson Financial Services Inc. now owns 4,484 shares of the transportation company’s stock worth $166,000 after buying an additional 1,591 shares in the last quarter. Catalina Capital Group LLC bought a new position in CSX during the first quarter valued at approximately $232,000. Finally, Avidian Wealth Solutions LLC raised its stake in shares of CSX by 21.3% during the first quarter. Avidian Wealth Solutions LLC now owns 31,295 shares of the transportation company’s stock worth $1,160,000 after acquiring an additional 5,497 shares in the last quarter. Institutional investors own 73.57% of the company’s stock.

CSX Company Profile

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.