CSX (CSX) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $31.43 to $32.20
• 50-Day Range: $31.58 to $36.88
• 52-Week Range: $31.43 to $40.12
• Volume: 20.14 million shs
• Average Volume: 11.70 million shs
• Market Capitalization: $61.42 billion
• P/E Ratio: 17.12
• Dividend Yield: 1.51%
• Price Target: $38.78
• Consensus Rating: Moderate Buy

CSX Stock Analysis - MarketRank™

CSX scored higher than 92% of companies evaluated by MarketBeat, and ranked 18th out of 130 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

CSX has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 12 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

CSX has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.33%

Earnings Growth

Earnings for CSX are expected to grow by 10.33% in the coming year, from $1.84 to $2.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CSX is 17.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of CSX is 17.12, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 17.71.

Price to Earnings Growth Ratio

CSX has a PEG Ratio of 2.24. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

CSX has a P/B Ratio of 5.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.50% of the outstanding shares of CSX have been sold short.

Short Interest Ratio / Days to Cover

CSX has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CSX has recently increased by 21.25%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

CSX pays a meaningful dividend of 1.46%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

CSX has been increasing its dividend for 20 years.

Dividend Coverage

The dividend payout ratio of CSX is 25.81%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, CSX will have a dividend payout ratio of 23.65% next year. This indicates that CSX will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.6 / 5
• Environmental Score: -7.32

Percentage of Shares Shorted

1.50% of the outstanding shares of CSX have been sold short.

Short Interest Ratio / Days to Cover

CSX has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CSX has recently increased by 21.25%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.46

News Sentiment

CSX has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for CSX this week, compared to 17 articles on an average week.

Search Interest

23 people have searched for CSX on MarketBeat in the last 30 days. This is an increase of 64% compared to the previous 30 days.

MarketBeat Follows

Only 14 people have added CSX to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CSX insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.55% of the stock of CSX is held by insiders.

Percentage Held by Institutions

73.57% of the stock of CSX is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CSX Stock Analysis - Frequently Asked Questions

How have CSX shares performed this year?

CSX's stock was trading at $34.67 at the beginning of the year. Since then, CSX stock has decreased by 8.1% and is now trading at $31.85.
View the best growth stocks for 2024 here.

How were CSX's earnings last quarter?

CSX Co. (NASDAQ:CSX) posted its quarterly earnings results on Wednesday, October, 16th. The transportation company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.48 by $0.02. The business's revenue for the quarter was up 1.3% compared to the same quarter last year.
Read the conference call transcript.

When did CSX's stock split?

CSX shares split on Tuesday, June 29th 2021. The 3-1 split was announced on Friday, June 4th 2021. The newly minted 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.

Who are CSX's major shareholders?

Top institutional investors of CSX include State Street Corp (4.27%), Geode Capital Management LLC (2.12%), Fisher Asset Management LLC (1.28%) and FMR LLC (0.81%).
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.

What other stocks do shareholders of CSX own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CSX investors own include Symbotic (SYM), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), American Water Works (AWK), Humana (HUM), BlackRock (BLK), Verizon Communications (VZ) and Waste Connections (WCN).

Company Calendar

• Last Earnings: 10/16/2024
• Ex-Dividend for 12/13 Dividend: 11/29/2024
• Dividend Payable: 12/13/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Railroads, line - haul operating
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:CSX
• CUSIP: N/A
• CIK: 277948
• Web: www.csx.com
• Phone: (904) 359-3200
• Fax: 804-782-1409
• Employees: 23,000
• Year Founded: 1827

Price Target and Rating

• Average Stock Price Target: $38.78
• High Stock Price Target: $44.00
• Low Stock Price Target: $34.00
• Potential Upside/Downside: +21.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 18 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.86
• Trailing P/E Ratio: 17.12
• Forward P/E Ratio: 17.31
• P/E Growth: 2.24
• Net Income: $3.72 billion
• Net Margins: 24.77%
• Pretax Margin: 32.87%
• Return on Equity: 28.92%
• Return on Assets: 8.53%

Debt

• Debt-to-Equity Ratio: 1.43
• Current Ratio: 1.39
• Quick Ratio: 1.23

Sales & Book Value

• Annual Sales: $14.68 billion
• Price / Sales: 4.18
• Cash Flow: $2.55 per share
• Price / Cash Flow: 12.47
• Book Value: $6.14 per share
• Price / Book: 5.19

Miscellaneous

• Outstanding Shares: 1,928,419,000
• Free Float: 1,917,813,000
• Market Cap: $61.42 billion
• Optionable: Optionable
• Beta: 1.20