CSX (CSX) Stock Forecast, Price & News

25 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CSX in the last twelve months. There are currently 11 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CSX shares.
View CSX analyst ratings or view top-rated stocks.

25 analysts have issued 1-year target prices for CSX's shares. Their CSX share price forecasts range from $26.00 to $39.00. On average, they anticipate the company's share price to reach $34.60 in the next year. This suggests a possible upside of 7.1% from the stock's current price.
View analysts price targets for CSX or view top-rated stocks among Wall Street analysts.

CSX's stock was trading at $30.98 at the beginning of the year. Since then, CSX shares have increased by 4.3% and is now trading at $32.31.
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CSX saw a decline in short interest in April. As of April 30th, there was short interest totaling 18,110,000 shares, a decline of 7.9% from the April 15th total of 19,660,000 shares. Based on an average trading volume of 13,700,000 shares, the days-to-cover ratio is presently 1.3 days.
View CSX's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our CSX earnings forecast.

CSX Co. (NASDAQ:CSX) announced its quarterly earnings data on Thursday, April, 20th. The transportation company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.05. The transportation company earned $3.71 billion during the quarter, compared to the consensus estimate of $3.58 billion. CSX had a net margin of 28.35% and a trailing twelve-month return on equity of 33.01%. The company's revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.39 EPS.
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CSX announced a quarterly dividend on Wednesday, May 10th. Investors of record on Wednesday, May 31st will be given a dividend of $0.11 per share on Thursday, June 15th. This represents a $0.44 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Tuesday, May 30th.
Read our dividend analysis for CSX.

ETFs with the largest weight of CSX (NASDAQ:CSX) stock in their portfolio include Engine No. 1 Transform Supply Chain ETF (SUPP), iShares U.S. Transportation ETF (IYT), WBI BullBear Value 3000 ETF (WBIF), First Trust Nasdaq Transportation ETF (FTXR), ProShares Supply Chain Logistics ETF (SUPL), Pacer Industrials and Logistics ETF (SHPP), Direxion Daily Transportation Bull 3X Shares (TPOR) and Global X U.S. Infrastructure Development ETF (PAVE).

CSX (NASDAQ:CSX) pays an annual dividend of $0.44 per share and currently has a dividend yield of 1.36%. 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 21.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSX will have a dividend payout ratio of 21.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CSX.

CSX's stock split on Tuesday, June 29th 2021. The 3-1 split was announced on Friday, June 4th 2021. The newly created 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.

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.

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).

CSX trades on the NASDAQ under the ticker symbol "CSX."

CSX's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.79%), State Street Corp (4.24%), Soroban Capital Partners LP (2.59%), Price T Rowe Associates Inc. MD (2.54%), Geode Capital Management LLC (1.93%) and Fisher Asset Management LLC (1.03%). Insiders that own company stock include Angela C Williams, David M Moffett, Diana B Sorfleet, James M Foote, John J Zillmer, Juan Andres, Kevin S Boone, Mark Kenneth Wallace, Nathan D Goldman, Nathan D Goldman and Paul C Hilal.
View institutional ownership trends.

Shares of CSX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CSX stock can currently be purchased for approximately $32.31.

CSX (NASDAQ:CSX) has a market capitalization of $65.69 billion and generates $14.85 billion in revenue each year. The transportation company earns $4.17 billion in net income (profit) each year or $2.03 on an earnings per share basis.

The company employs 22,500 workers across the globe.

CSX's mailing address is 500 WATER STREET 15TH FLOOR, JACKSONVILLE FL, 32202. The official website for the company is www.csx.com. The transportation company can be reached via phone at (904) 359-3200 or via fax at 804-782-1409.