Is CSX (CSX) a winner in the railroads industry?
Of the 17 stocks in the Railroads industry, CSX is ranked third. Click here to find other top stocks in this industry. Analysts have high hopes for CSX, setting an average target price of $35.68 for the stock. If CSX hits this price level, it will have popped by more than 12%.
What is the upside for CSX Corporation (CSX)?
On average, they expect CSX's stock price to reach $77.8583 in the next twelve months. This suggests a possible upside of 7.6% from the stock's current price. View Analyst Price Targets for CSX.
What did CSX stock close at?
CSX (CSX) closed the most recent trading day at $34.36, moving +0.38% from the previous trading session. CSX (CSX) closed the most recent trading day at $34.61, moving -1.09% from the previous trading session. Is a recession coming? Logistics company CEO says no
What is CSX Corporation’s revenue?
Analyst Report: CSX Corporation Operating in the Eastern United States, Class I railroad CSX generated revenue near $12.5 billion in 2021.
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Is CSX a good stock to buy now?
Out of 16 analysts, 6 (37.5%) are recommending CSX as a Strong Buy, 5 (31.25%) are recommending CSX as a Buy, 4 (25%) are recommending CSX as a Hold, 0 (0%) are recommending CSX as a Sell, and 1 (6.25%) are recommending CSX as a Strong Sell. What is CSX's earnings growth forecast for 2022-2024?
How much Is CSX Railroad stock selling for?
$29.72$ 29.84CloseChgChg %$29.720.893.09%
What is the highest CSX stock has ever been?
CSX - 42 Year Stock Price History | CSX The all-time high CSX stock closing price was 37.80 on March 30, 2022.
Did CSX stock just split?
– June 4, 2021 – CSX Corporation (NASDAQ: CSX) today announced that its Board of Directors has approved a 3-for-1 stock split to be distributed to shareholders as a stock dividend.
What railroad stock does Warren Buffett Own?
One of the relatively recent acquisition's by Warren Buffett's Berkshire Hathaway (BRK. A 2.57%) (BRK. B 2.64%) is the railroad formerly known as Burlington Northern and Santa Fe, now named BNSF Railway.
Why is CSX a buy?
On the positive side, CSX has managed to grow its average revenue per carload for all the segments, and that has been the key revenue growth driver for the company. The company managed to bring its operating ratio down to 55.3% in 2021, compared to 58.8% in 2020 and 58.4% in 2019.
How many shares of CSX stock are there?
Share StatisticsAvg Vol (3 month) 316.97MShares Outstanding 52.17BImplied Shares Outstanding 6N/AFloat 82.17B% Held by Insiders 10.22%7 more rows
What railroads make up CSX?
The Chesapeake and Ohio Railway merged into CSX Transportation August 31, 1987. The Baltimore and Ohio Railroad merged into the CSX Transportation August 31, 1987. The Western Maryland Railway merged with others to form CSX July 1, 1986.
Is CSX publicly traded?
CSX is a Fortune 500 company....CSX Corporation.CSX Transportation Building, headquartersTypePublicTraded asNasdaq: CSX Nasdaq-100 component DJTA component S&P 500 componentIndustryTransport, real estate, technologyFoundedNovember 1, 198013 more rows
Should I sell my CSX stock?
There are currently 1 sell rating, 5 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CSX stock. View analyst ratings for CSX or view top-rated stocks.
What's the best railroad stock to invest?
Best Value Railroad StocksPrice ($)12-Month Trailing P/E RatioTrinity Industries Inc. (TRN)32.0917.4CSX Corp. (CSX)34.8920.8Norfolk Southern Corp. (NSC)269.8522.3
What stocks will split in 2022?
Upcoming stock splits in 2022CompanyStock Split RatioPayable DateAmazon (NASDAQ:AMZN)20-for-1June 3, 2022Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG)20-for-1July 15, 2022Shopify (NYSE:SHOP)10-for-1June 28, 2022DexCom (NASDAQ:DXCM)4-for-1June 10, 20221 more row•Jun 8, 2022
Should I buy or sell CSX stock right now?
20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CSX in the last twelve months. There are currently 1 sell rating, 5 hold...
What is CSX's stock price forecast for 2022?
20 Wall Street research analysts have issued 12 month target prices for CSX's shares. Their forecasts range from $25.00 to $45.00. On average, they...
How has CSX's stock performed in 2022?
CSX's stock was trading at $37.60 on January 1st, 2022. Since then, CSX shares have decreased by 19.4% and is now trading at $30.30. View the best...
When is CSX's next earnings date?
CSX is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022. View our earnings forecast for CSX .
How were CSX's earnings last quarter?
CSX Co. (NASDAQ:CSX) released its earnings results on Wednesday, April, 20th. The transportation company reported $0.39 EPS for the quarter, beatin...
How often does CSX pay dividends? What is the dividend yield for CSX?
CSX announced a quarterly dividend on Tuesday, May 10th. Investors of record on Tuesday, May 31st will be given a dividend of $0.10 per share on We...
Is CSX a good dividend stock?
CSX(NASDAQ:CSX) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.28%. CSX does not yet have a strong track record...
When did CSX's stock split? How did CSX's stock split work?
Shares of CSX split before market open on Tuesday, June 29th 2021. The 3-1 split was announced on Friday, June 4th 2021. The newly issued shares we...
How will CSX's stock buyback program work?
CSX declared that its board has initiated a share buyback plan on Wednesday, October 21st 2020, which authorizes the company to repurchase $5,000,0...
Is CSX stock a Buy, Sell or Hold?
CSX stock has received a consensus rating of buy. The average rating score is and is based on 42 buy ratings, 10 hold ratings, and 6 sell ratings.
What was the 52-week low for CSX stock?
The low in the last 52 weeks of CSX stock was 29.49. According to the current price, CSX is 102.76% away from the 52-week low.
What was the 52-week high for CSX stock?
The high in the last 52 weeks of CSX stock was 38.63. According to the current price, CSX is 78.45% away from the 52-week high.
What are analysts forecasts for CSX stock?
The 58 analysts offering price forecasts for CSX have a median target of 66.84, with a high estimate of 116.00 and a low estimate of 20.67. The med...
What is railroad industry?
Who is the CEO of the Association of American Railroads?
The railroad industry is one of the major components of the transportation sector and is closely tied to the economy's growth. Railroad companies operate vast networks that transport agricultural products, packaged foods, commodities, electronics, and other goods to companies and consumers. Major companies in the industry include Union Pacific Corp. (UNP), Norfolk Southern Corp. (NSC), and CSX Corp. (CSX).
What is CSX Corp?
Ian Jefferies, Association of American Railroads CEO and President, joins Yahoo Finance to discuss the impacts Biden’s latest Executive order would have on the U.S. railroad industry. The Wall Street Journal • 18 days ago.
Where is CSX located?
CSX Corp. CSX Corp. engages in the provision of rail-based freight transportation services. Its services include rail service, the transport of intermodal containers and trailers, rail-to-truck transfers and bulk commodity operations. The company was founded in 1827 and is headquartered in Jacksonville, FL.
When will CSX repurchase its stock?
Its services include rail service, the transport of intermodal containers and trailers, rail-to-truck transfers and bulk commodity operations. The company was founded in 1827 and is headquartered in Jacksonville, FL.
How much does CSX make?
CSX declared that its board has initiated a share repurchase plan on Wednesday, October 21st 2020, which permits the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 8.3% of its stock through open market purchases.
What is the dividend payout ratio of CSX?
CSX has a market capitalization of $70.85 billion and generates $10.58 billion in revenue each year. The transportation company earns $2.77 billion in net income (profit) each year or $1.22 on an earnings per share basis.
When will CSX split?
CSX does not yet have a strong track record of dividend growth. The dividend payout ratio of CSX is 30.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSX will have a dividend payout ratio of 22.70% next year.
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CSX shares split before market open on Tuesday, June 29th 2021. The 3-1 split was announced on Friday, June 4th 2021. The newly issued shares were distributed to shareholders after the closing bell on Monday, June 28th 2021. An investor that had 100 shares of CSX stock prior to the split would have 300 shares after the split.
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Where is CSX located?
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What is NSC railroad?
Its services include rail service, the transport of intermodal containers and trailers, rail-to-truck transfers and bulk commodity operations. The company was founded in 1827 and is headquartered in Jacksonville, FL. more
CSX Is The Cheapest Railroad Stock
NSC. Norfolk Southern Corp. is a transportation company, which owns a freight railroad. It engages in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the United States.
Stock price overview
CSX Corporation (CSX) offers a very interesting risk and reward investment proposition in the railroad sector. By giving a business overview and analyzing the fundamentals, I argue that CSX is the cheapest railroad stock and, therefore, has to be watched carefully.
Business overview
Long-time CSX investors are very happy with what happened over the last decade given the stock is a 10-bagger, not even including dividends. This shows how prescient Buffett was when buying Burlington Northern in 2009.
COVID-19 impact
CSX owns or operates the following railroads, where it transports mostly merchandise (66%) and coal (18%):
Stock fundamental analysis
Revenue decreased 26% in Q2 2020, based on a 20% cargo load decline and a 7% revenue per unit decline.
Dividends and buybacks
A company that can steadily increase book value over time is usually a great business to own. The price-to-book value now is high and above 5, but in 2009, CSX was trading close to book value.
Stock valuation based on FCF
CSX paid a dividend of $0.96 per share in 2019 for a yield of around 1.3%.
