CSX (NASDAQ:CSX) Price Target Raised to $54.00 at TD Cowen

CSX (NASDAQ:CSX) had its price target increased by TD Cowen from $46.00 to $54.00 in a research report sent to investors on Thursday, MarketBeat.com reports. They currently have a buy rating on the transportation company’s stock.

A number of other equities research analysts have also recently commented on CSX. Weiss Ratings cut shares of CSX from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, July 14th. Stephens started coverage on CSX in a research note on Wednesday, July 8th. They issued an “overweight” rating and a $57.00 target price on the stock. Barclays reiterated an “overweight” rating and set a $60.00 price target (up from $55.00) on shares of CSX in a research note on Thursday. Sanford C. Bernstein upped their price objective on shares of CSX from $36.00 to $39.00 and gave the company a “market perform” rating in a report on Tuesday, March 31st. Finally, Citigroup began coverage on shares of CSX in a research note on Wednesday, July 15th. They issued a “market perform” rating for the company. Seventeen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $50.54.

CSX Stock Performance

Shares of NASDAQ:CSX opened at $52.81 on Thursday. CSX has a 1 year low of $31.80 and a 1 year high of $53.31. The stock has a market capitalization of $98.13 billion, a price-to-earnings ratio of 30.53, a price-to-earnings-growth ratio of 2.47 and a beta of 1.21. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.97 and a quick ratio of 0.83. The company’s 50 day simple moving average is $47.55 and its 200 day simple moving average is $43.08.

CSX (NASDAQ:CSX) last released its earnings results on Wednesday, July 22nd. The transportation company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.02. The firm had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $3.89 billion. CSX had a return on equity of 25.42% and a net margin of 22.21%.The company’s quarterly revenue was up 10.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.44 earnings per share. As a group, research analysts predict that CSX will post 1.92 EPS for the current fiscal year.

CSX Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.14 per share. The ex-dividend date is Monday, August 31st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.1%. CSX’s dividend payout ratio is presently 34.36%.

Insider Activity at CSX

In related news, CFO Kevin S. Boone sold 136,708 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $46.70, for a total value of $6,384,263.60. Following the transaction, the chief financial officer directly owned 208,622 shares of the company’s stock, valued at approximately $9,742,647.40. This represents a 39.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director John J. Zillmer sold 10,000 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $46.45, for a total value of $464,500.00. Following the sale, the director owned 353,714 shares in the company, valued at approximately $16,430,015.30. This represents a 2.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On CSX

A number of institutional investors and hedge funds have recently bought and sold shares of CSX. WFA of San Diego LLC bought a new stake in CSX during the 2nd quarter valued at approximately $28,000. Arlington Trust Co LLC boosted its stake in CSX by 58.0% in the 2nd quarter. Arlington Trust Co LLC now owns 681 shares of the transportation company’s stock worth $32,000 after purchasing an additional 250 shares during the period. Wilkerson Advisory Group LLC grew its holdings in CSX by 97.4% during the 1st quarter. Wilkerson Advisory Group LLC now owns 829 shares of the transportation company’s stock valued at $34,000 after buying an additional 409 shares in the last quarter. Allied Private Wealth LLC purchased a new stake in CSX during the 2nd quarter valued at approximately $37,000. Finally, CrossGen Wealth LLC bought a new stake in shares of CSX during the fourth quarter valued at approximately $54,000. 73.57% of the stock is owned by institutional investors.

More CSX News

Here are the key news stories impacting CSX this week:

• Positive Sentiment: CSX posted Q2 adjusted EPS of $0.54, beating estimates, while revenue rose 10.1% year over year to a record $3.94 billion, helped by stronger intermodal demand, higher pricing, fuel surcharge revenue, and improved efficiency. Reuters: CSX second-quarter profit, revenue rises on intermodal demand
• Positive Sentiment: The company said operating income and margins improved meaningfully, with operating margin expanding to 38.3%, signaling that cost controls and volume growth are translating into better profitability. GlobeNewswire: CSX Corp. Announces Second Quarter 2026 Results
• Positive Sentiment: CSX raised its 2026 outlook after the beat, and multiple brokers turned more constructive, including JPMorgan, Bank of America, TD Cowen, and UBS, which added to the bullish tone around the stock. Yahoo Finance: CSX boosts outlook on higher volume and revenue
• Neutral Sentiment: Despite the strong quarter, one analyst reiterated a Sell rating, arguing that upside remains limited, which creates a contrasting view but has not outweighed the upbeat earnings reaction. TipRanks: Analyst Reiterates Sell on CSX

About CSX

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.