Should I buy or sell CSX stock right now?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CSX in the last year. There are currently 6 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street 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?

19 brokers have issued 1-year price targets for CSX's shares. Their CSX share price targets range from $25.00 to $39.00. On average, they predict the company's stock price to reach $35.79 in the next year. This suggests a possible upside of 3.2% from the stock's current price. View analysts price targets for CSX or view top-rated stocks among Wall Street analysts .

How have CSX shares performed in 2023?

CSX's stock was trading at $30.98 at the start of the year. Since then, CSX stock has increased by 11.9% and is now trading at $34.67. View the best growth stocks for 2023 here .

When is CSX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024. View our CSX earnings forecast .

How were CSX's earnings last quarter?

CSX Co. (NASDAQ:CSX) announced its earnings results on Thursday, October, 19th. The transportation company reported $0.42 earnings per share for the quarter, meeting the consensus estimate of $0.42. The transportation company earned $3.57 billion during the quarter, compared to analysts' expectations of $3.55 billion. CSX had a trailing twelve-month return on equity of 31.28% and a net margin of 26.16%. The company's revenue for the quarter was down 8.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.52 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, October 11th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.11 per share on Friday, December 15th. This represents a $0.44 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Wednesday, November 29th. Read our dividend analysis for CSX .

Is CSX a good dividend stock?

CSX (NASDAQ:CSX) pays an annual dividend of $0.44 per share and currently has a dividend yield of 1.27%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 23.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSX will have a dividend payout ratio of 22.45% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CSX .

What ETFs hold CSX's stock?

ETFs with the largest weight of CSX (NASDAQ:CSX) stock in their portfolio include TCW Transform Supply Chain ETF (SUPP) , Pacer Industrials and Logistics ETF (SHPP) , ProShares Supply Chain Logistics ETF (SUPL) , ClearBridge Sustainable Infrastructure ETF (INFR) , iShares U.S. Transportation ETF (IYT) , First Trust Nasdaq Transportation ETF (FTXR) , BrandywineGLOBALDynamic US Large Cap Value ETF (DVAL) and Direxion Daily Transportation Bull 3X Shares (TPOR) .

When did CSX's stock split?

Shares of CSX split on the morning of Tuesday, June 29th 2021. The 3-1 split was announced on Friday, June 4th 2021. The newly created shares were issued to shareholders after the market closes 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) .

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 .

NASDAQ:CSX

CSX (CSX) Stock Price, News & Analysis

$34.67

-0.07 (-0.20%)

(As of 12/29/2023 ET)

Compare

Today's Range: $34.55
▼
$34.78
50-Day Range: $29.24
▼
$34.95
52-Week Range: $27.60
▼
$35.09

Volume: 6.71 million shs
Average Volume: 11.60 million shs
Market Capitalization: $68.51 billion

P/E Ratio: 18.44
Dividend Yield: 1.27%
Price Target: $35.79

CSX MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.68 Rating Score
Upside/Downside: 3.2% Upside
$35.79 Price Target
Short Interest: Healthy
1.11% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -7.32
Upright™ Environmental Score
News Sentiment: 0.60
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 7.10%
From $1.83 to $1.96 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.12 out of 5 stars

Transportation Sector

61st out of 115 stocks

Railroads, Line-Haul Operating Industry

1st out of 1 stocks

1.3

Analyst's Opinion

Consensus Rating
CSX has received a consensus rating of Moderate Buy. The company's average rating score is 2.68, and is based on 13 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $35.79, CSX has a forecasted upside of 3.2% from its current price of $34.67.
Amount of Analyst Coverage
CSX has only been the subject of 4 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.11% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in CSX has recently decreased by 15.19%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Yield
CSX pays a meaningful dividend of 1.27%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
CSX has been increasing its dividend for 19 years.
Dividend Coverage
The dividend payout ratio of CSX is 23.40%. 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 22.45% next year. This indicates that CSX will be able to sustain or increase its dividend.

0.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
CSX has received a -68.46% net impact score from Upright. The largest negative impact of CSX in category "GHG emissions" seems to be driven mostly by its "Diesel rail freight transport services for intermodal freight", "Diesel rail freight transport services for the automotive industry", and "Diesel rail freight transport services for the mining industry" products. See details.
Environmental Sustainability
The Environmental Impact score for CSX is -7.32.

2.0

News and Social Media Coverage

News Sentiment
CSX has a news sentiment score of 0.60. 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 news sentiment score is similar to the average news sentiment of Transportation companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for CSX this week, compared to 13 articles on an average week.
Search Interest
Only 10 people have searched for CSX on MarketBeat in the last 30 days. This is a decrease of -23% compared to the previous 30 days.
MarketBeat Follows
14 people have added CSX to their MarketBeat watchlist in the last 30 days. This is an increase of 600% compared to the previous 30 days.

1.7

Company Ownership

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
72.76% of the stock of CSX is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for CSX are expected to grow by 7.10% in the coming year, from $1.83 to $1.96 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CSX is 18.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.32.
Price to Earnings Ratio vs. Sector
The P/E ratio of CSX is 18.44, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 13.90.
Price to Earnings Growth Ratio
CSX has a PEG Ratio of 2.76. 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 5.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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 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. The company also offers intermodal transportation 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 3,600 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.

CSX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CSX Stock News Headlines

December 28, 2023 | msn.com

Authorities seek help identifying body found on CSX train tracks in Cuyahoga County

December 28, 2023 | msn.com

Ohio trying to identify man whose body was found on CSX train tracks

December 31, 2023 | MarketBeat Internal (Ad)

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December 27, 2023 | msn.com

CN, CPKC, UP named to Dow Jones world and North America sustainability lists

December 24, 2023 | msn.com

CSX train derails in Willard on Christmas Eve

December 23, 2023 | msn.com

Company Calendar

Last Earnings: 10/19/2023
Ex-Dividend for 12/15 Dividend: 11/29/2023
Dividend Payable: 12/15/2023
Today: 12/31/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/24/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Railroads, line - haul operating
Sub-Industry: N/A
Sector: Transportation
Current Symbol: NASDAQ:CSX
CUSIP: N/A
CIK: 277948
Web: www.csx.com
Phone: (904) 359-3200
Fax: 804-782-1409
Employees: 22,500
Year Founded: 1827

Price Target and Rating

Average Stock Price Target: $35.79
High Stock Price Target: $39.00
Low Stock Price Target: $25.00
Potential Upside/Downside: +3.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.68
Research Coverage: 19 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.88
Trailing P/E Ratio: 18.44
Forward P/E Ratio: 18.95
P/E Growth: 2.76
Net Income: $4.17 billion
Net Margins: 26.16%
Pretax Margin: 34.31%
Return on Equity: 31.28%
Return on Assets: 9.24%

Debt

Debt-to-Equity Ratio: 1.50
Current Ratio: 1.14
Quick Ratio: 1.00

Sales & Book Value

Annual Sales: $14.85 billion
Price / Sales: 4.61
Cash Flow: $2.65 per share
Price / Cash Flow: 13.06
Book Value: $6.01 per share
Price / Book: 5.77

Miscellaneous

Outstanding Shares: 1,976,130,000
Free Float: 1,965,262,000
Market Cap: $68.51 billion
Optionable: Optionable
Beta: 1.19

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Key Executives

Mr. Joseph R. Hinrichs (Age 56)
President, CEO & Director
Comp: $2.38M
Mr. Sean R. Pelkey (Age 43)
Executive VP & CFO
Comp: $1.45M
Mr. Stephen Fortune (Age 53)
Executive VP, Chief Digital & Technology Officer
Comp: $1.41M
Mr. Kevin S. Boone (Age 46)
Executive VP & Chief Commercial Officer
Comp: $1.88M
Mr. Michael A. Cory (Age 61)
Executive VP & COO
Ms. Angela C. Williams (Age 48)
VP & Chief Accounting Officer
Ms. Diana B. Sorfleet (Age 58)
Executive VP & Chief Administrative Officer
Comp: $1.38M
Bill Slater
Head of Investor Relations
Mr. Nathan D. Goldman (Age 65)
Executive VP, Chief Legal Officer & Corporate Secretary
Comp: $1.4M
Mr. Ricky Johnson
Senior Vice President of Operations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CSX Stock Analysis - Frequently Asked Questions

Should I buy or sell CSX stock right now?: 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CSX in the last year. There are currently 6 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street 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?: 19 brokers have issued 1-year price targets for CSX's shares. Their CSX share price targets range from $25.00 to $39.00. On average, they predict the company's stock price to reach $35.79 in the next year. This suggests a possible upside of 3.2% from the stock's current price.
View analysts price targets for CSX or view top-rated stocks among Wall Street analysts.
How have CSX shares performed in 2023?: CSX's stock was trading at $30.98 at the start of the year. Since then, CSX stock has increased by 11.9% and is now trading at $34.67.
View the best growth stocks for 2023 here.
When is CSX's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024.
View our CSX earnings forecast.
How were CSX's earnings last quarter?: CSX Co. (NASDAQ:CSX) announced its earnings results on Thursday, October, 19th. The transportation company reported $0.42 earnings per share for the quarter, meeting the consensus estimate of $0.42. The transportation company earned $3.57 billion during the quarter, compared to analysts' expectations of $3.55 billion. CSX had a trailing twelve-month return on equity of 31.28% and a net margin of 26.16%. The company's revenue for the quarter was down 8.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.52 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, October 11th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.11 per share on Friday, December 15th. This represents a $0.44 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Wednesday, November 29th.
Read our dividend analysis for CSX.

Is CSX a good dividend stock?: CSX (NASDAQ:CSX) pays an annual dividend of $0.44 per share and currently has a dividend yield of 1.27%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 23.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSX will have a dividend payout ratio of 22.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CSX.
What ETFs hold CSX's stock?: ETFs with the largest weight of CSX (NASDAQ:CSX) stock in their portfolio include TCW Transform Supply Chain ETF (SUPP), Pacer Industrials and Logistics ETF (SHPP), ProShares Supply Chain Logistics ETF (SUPL), ClearBridge Sustainable Infrastructure ETF (INFR), iShares U.S. Transportation ETF (IYT), First Trust Nasdaq Transportation ETF (FTXR), BrandywineGLOBALDynamic US Large Cap Value ETF (DVAL) and Direxion Daily Transportation Bull 3X Shares (TPOR).
When did CSX's stock split?: Shares of CSX split on the morning of Tuesday, June 29th 2021. The 3-1 split was announced on Friday, June 4th 2021. The newly created shares were issued to shareholders after the market closes 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).
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 12/31/2023 by MarketBeat.com Staff

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