Rothschild & Co Redburn Issues Positive Forecast for CSX (NASDAQ:CSX) Stock Price

CSX (NASDAQ:CSX) had its target price raised by Rothschild & Co Redburn from $42.50 to $45.50 in a research report sent to investors on Wednesday morning,MarketScreener reports. Rothschild & Co Redburn currently has a buy rating on the transportation company’s stock.

A number of other brokerages have also recently weighed in on CSX. Raymond James Financial lifted their price target on shares of CSX from $40.00 to $41.00 and gave the stock an “outperform” rating in a research report on Friday, January 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of CSX in a research note on Monday, December 29th. Wolfe Research lifted their target price on CSX from $42.00 to $44.00 and gave the stock an “outperform” rating in a report on Tuesday, March 10th. JPMorgan Chase & Co. decreased their target price on CSX from $43.00 to $41.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Finally, TD Cowen restated a “buy” rating on shares of CSX in a report on Monday, January 12th. Eighteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $40.85.

CSX Stock Performance

Shares of CSX stock opened at $41.44 on Wednesday. The stock has a market cap of $77.11 billion, a PE ratio of 26.91, a price-to-earnings-growth ratio of 2.28 and a beta of 1.25. The stock has a 50-day moving average of $40.15 and a 200-day moving average of $37.15. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.81 and a quick ratio of 0.69. CSX has a one year low of $26.22 and a one year high of $43.35.

CSX (NASDAQ:CSX) last released its quarterly earnings data on Thursday, January 22nd. The transportation company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.02). The firm had revenue of $3.51 billion for the quarter, compared to the consensus estimate of $3.59 billion. CSX had a return on equity of 23.88% and a net margin of 20.50%.The firm’s revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.42 EPS. As a group, sell-side analysts expect that CSX will post 1.83 earnings per share for the current year.

CSX Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were given a $0.14 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $0.56 annualized dividend and a yield of 1.4%. This is an increase from CSX’s previous quarterly dividend of $0.13. CSX’s payout ratio is presently 36.36%.

Insider Buying and Selling

In other CSX news, CAO Diana B. Sorfleet sold 90,000 shares of CSX stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $41.56, for a total value of $3,740,400.00. Following the sale, the chief accounting officer owned 165,613 shares of the company’s stock, valued at $6,882,876.28. This trade represents a 35.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Stephen Fortune sold 31,456 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $38.65, for a total value of $1,215,774.40. Following the completion of the sale, the executive vice president owned 82,034 shares in the company, valued at approximately $3,170,614.10. This trade represents a 27.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 188,123 shares of company stock valued at $7,454,854. Company insiders own 0.55% of the company’s stock.

Hedge Funds Weigh In On CSX

A number of large investors have recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in CSX by 5.5% during the fourth quarter. Brighton Jones LLC now owns 16,254 shares of the transportation company’s stock worth $525,000 after purchasing an additional 849 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in CSX during the 2nd quarter worth about $25,000. SVB Wealth LLC acquired a new position in shares of CSX during the 2nd quarter worth about $807,000. BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of CSX by 3.2% during the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 74,410 shares of the transportation company’s stock worth $2,428,000 after buying an additional 2,281 shares during the last quarter. Finally, WFA of San Diego LLC bought a new position in shares of CSX in the 2nd quarter valued at about $28,000. Institutional investors and hedge funds own 73.57% of the company’s stock.

More CSX News

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Rothschild & Co Redburn raised its price target on CSX to $45.50 and kept a “buy” rating, signaling upside versus the market and providing a clear buy-side endorsement that can support further gains. Rothschild & Co Redburn adjusts CSX price target
• Neutral Sentiment: Analysts and outlets are debating CSX’s valuation and whether to hold after recent gains; these pieces (Zacks/Yahoo) recap the rally and discuss longer-term positioning rather than issuing new, market-moving guidance. That keeps sentiment constructive but cautious. Should Investors Retain CSX Stock Despite Its Higher Valuation?
• Neutral Sentiment: Industry coverage (Class I briefs) mentions CSX alongside peers — useful context on sector trends and volumes but not company-specific guidance; these briefs help frame macro/competitive factors for investors. Class I Briefs: CSX, BNSF, UP
• Neutral Sentiment: A minor operational incident (a vehicle collision with a CSX train in Dayton where the driver fled) was reported; there’s no indication of major service disruption or regulatory action so far, so market impact is likely limited. Driver leaves scene after crash involving CSX train in Dayton
• Negative Sentiment: Sanford C. Bernstein kept a Market Perform (hold) rating while only modestly raising its price target to $39 — a level below the stock’s current price — which signals limited near-term upside from that major shop and may cap enthusiasm among some investors. Bernstein Updates Rail View, Lifts CSX Price Target

CSX Company Profile

CSX Corporation is a leading North American transportation company that provides rail-based freight services and supply-chain solutions. Its operating subsidiary, CSX Transportation, moves a wide range of goods for customers across multiple industries, using a combination of long-haul rail service, intermodal operations and terminal and yard services. The company focuses on delivering efficient, reliable freight transportation between major production centers, consumption markets and port gateways.

CSX’s freight portfolio includes intermodal containers and trailers, bulk commodities, industrial products and specialized unit trains.