CSX Corporation (NASDAQ:CSX) Receives $50.54 Average Target Price from Analysts

Shares of CSX Corporation (NASDAQ:CSX) have been assigned an average recommendation of “Moderate Buy” from the twenty-six ratings firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and seventeen have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $51.1667.

CSX has been the subject of a number of research analyst reports. Wolfe Research reissued an “outperform” rating and set a $50.00 target price on shares of CSX in a research report on Thursday, April 23rd. Benchmark restated a “buy” rating and set a $54.00 target price (up from $48.00) on shares of CSX in a report on Wednesday, July 15th. Raymond James Financial reaffirmed an “outperform” rating and set a $56.00 price target on shares of CSX in a research report on Monday, July 13th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $41.00 price target (up from $37.00) on shares of CSX in a report on Thursday, April 23rd. Finally, Wall Street Zen raised CSX from a “hold” rating to a “buy” rating in a research report on Saturday.

Insiders Place Their Bets

In related news, Director John J. Zillmer sold 10,000 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $46.45, for a total transaction of $464,500.00. Following the completion of the sale, the director directly owned 353,714 shares of the company’s stock, valued at approximately $16,430,015.30. This trade represents a 2.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Kevin S. Boone sold 136,708 shares of CSX stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $46.70, for a total transaction of $6,384,263.60. Following the sale, the chief financial officer directly owned 208,622 shares in the company, valued at $9,742,647.40. This trade represents a 39.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.30% of the company’s stock.

Institutional Investors Weigh In On CSX

Institutional investors have recently modified their holdings of the stock. Brighton Jones LLC raised its position in shares of CSX by 5.5% during the 4th quarter. Brighton Jones LLC now owns 16,254 shares of the transportation company’s stock valued at $525,000 after acquiring an additional 849 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its holdings in shares of CSX by 3.2% in 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 purchasing an additional 2,281 shares during the last quarter. WFA of San Diego LLC bought a new stake in shares of CSX in the 2nd quarter worth approximately $28,000. Captrust Financial Advisors boosted its position in CSX by 0.8% during the 2nd quarter. Captrust Financial Advisors now owns 405,828 shares of the transportation company’s stock valued at $13,242,000 after purchasing an additional 3,162 shares during the period. Finally, Horizon Investments LLC boosted its position in CSX by 22.5% during the 3rd quarter. Horizon Investments LLC now owns 148,355 shares of the transportation company’s stock valued at $5,268,000 after purchasing an additional 27,280 shares during the period. Institutional investors and hedge funds own 73.57% of the company’s stock.

Key Headlines Impacting CSX

Here are the key news stories impacting CSX this week:

• Positive Sentiment: CSX reported record Q2 revenue of $3.94 billion and EPS of $0.54, beating estimates, with profit, operating income and margins all improving year over year. The company also raised its full-year 2026 outlook on stronger intermodal demand, pricing gains and cost controls.
• Positive Sentiment: Several major brokerages turned more optimistic after the earnings beat. JPMorgan, Bank of America, TD Cowen, Citigroup and UBS either raised price targets or reaffirmed bullish ratings, signaling improving confidence in CSX’s outlook.
• Positive Sentiment: Recent commentary highlighted CSX hitting fresh 52-week highs and noted that volume growth is starting to translate into earnings, which supports the stock’s momentum.
• Neutral Sentiment: CSX was also reported to have essentially flat short interest data in July, which does not appear to be a meaningful trading driver.
• Neutral Sentiment: A separate news item about a crane collapse at a CSX train yard involved contractors and does not appear to be a direct financial impact on the company at this time.
• Negative Sentiment: Not all analyst views are positive: Morgan Stanley reiterated a Sell rating with a $32 price target, citing limited upside despite the earnings beat.

CSX Stock Performance

Shares of CSX opened at $53.23 on Friday. CSX has a twelve month low of $31.80 and a twelve month high of $53.41. The firm has a market capitalization of $98.61 billion, a P/E ratio of 30.77, a price-to-earnings-growth ratio of 2.48 and a beta of 1.21. The company has a current ratio of 0.82, a quick ratio of 0.72 and a debt-to-equity ratio of 1.22. The stock’s fifty day simple moving average is $47.70 and its 200 day simple moving average is $43.21.

CSX (NASDAQ:CSX) last posted its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.02. The firm had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $3.89 billion. CSX had a return on equity of 24.98% and a net margin of 22.21%.The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.44 earnings per share. On average, equities research analysts forecast that CSX will post 1.96 earnings per share for the current year.

CSX Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid 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 (DPR) is currently 32.37%.

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.