Is CSX a good stock to buy?
Is CSX A Good Stock to Buy? CSX might be one of the better U.S. railroad stocks. The $25 billion market cap railroad CSX ( CSX) is up 20% year to date, outperforming broader market indices. It primarily operates in the eastern half of the U.S. as well as small portions of Canada.
Is CSX a good investment?
CSX – While railroad stocks might seem boring, they can be strong investments. Many people are choosing to take trains to travel as dealing with airlines can be difficult. Plus, trains are still used to transport products. That’s why investors should consider railroad stocks such as CSX (CSX) and Norfolk Southern (NSC). But which is a better buy?
Is CSX Corporation's stock fairly priced?
CSX Corporation's (NYSE: CSX) stock price has been on a strong run with over 30% gains year-to-date. This can be attributed to improved efficiency, and lower operating ratio, among other factors. However, the stock price seems to be fairly valued at the current market price. This note details Trefis' forecasts for the full year 2019.
Why is CSX stock dropping?
Why is CSX Corp stock dropping? Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock. Is CSX Corp worth watching? 2 stock analysts on Stockchase covered CSX Corp In the last year. It is a trending stock that is worth ...
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Is CSX a good stock to buy now?
Out of 17 analysts, 7 (41.18%) are recommending CSX as a Strong Buy, 4 (23.53%) are recommending CSX as a Buy, 5 (29.41%) are recommending CSX as a Hold, 0 (0%) are recommending CSX as a Sell, and 1 (5.88%) are recommending CSX as a Strong Sell.
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.
How much is CSX railroad stock selling for?
Performance OutlookPrevious Close30.99Ask0.00 x 1800Day's Range30.81 - 31.6352 Week Range27.60 - 38.63Volume21,023,6803 more rows
What was the price of CSX stock before it split?
It closed at $99.70 June 3 before the split announcement, which would give stockholders three shares worth about $33.23 each for every share they own.
Is CSX a good long term investment?
Earnings and sales are forecasted to increase 16.7% and 14.4% year-over-year, respectively. Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2022. The Zacks Consensus Estimate has increased $0.03 to $1.82 per share. CSX boasts an average earnings surprise of 6.6%.
Will CSX split again?
Each shareholder of record at the close of business on June 18, 2021, will receive two additional shares of CSX common stock for each share held as of this record date. The new shares will be distributed on June 28, 2021.
Why is CSX stock going down?
[Updated: Sep 23, 2021] CSX Stock Decline The recent decline can be attributed to the rising Covid-19 cases, which may hamper the economic recovery and the overall demand for railroad shipping. Furthermore, there are concerns of rising costs with a constrained labor market.
What railroad stock does Warren Buffett Own?
Burlington Northern Santa Fe, LLC is the parent company of the BNSF Railway (formerly the Burlington Northern and Santa Fe Railway). The company is an indirect, wholly owned subsidiary of Berkshire Hathaway, which is controlled by investor Warren Buffett.
How many shares of CSX stock are there?
Share StatisticsAvg Vol (3 month) 316.97MShares Outstanding 52.17BImplied Shares Outstanding 6N/AFloat 82.17B% Held by Insiders 10.22%7 more rows
What's the best railroad stock to invest?
Best Value Railroad StocksPrice ($)12-Month Trailing P/E RatioTrinity Industries Inc. (TRN)26.3314.6CSX Corp. (CSX)31.8118.1Greenbrier Companies Inc. (GBX)42.7019.2
How many times has CSX stock split?
According to our CSX stock split history records, CSX has had 5 splits.
When was the last CSX stock split?
– May 4, 2011 – CSX Corporation (NYSE: CSX) today announced that its Board of Directors has approved a 3-for-1 stock split, a 38 percent increase in the quarterly dividend on its common stock, and a $2 billion share buyback program.
How many times has CSX stock split?
According to our CSX stock split history records, CSX has had 5 splits.
What is the best railroad stock to buy now?
According to Zen Score, the 3 best railroad stocks to buy right now are:Norfolk Southern (NYSE:NSC) ... Csx (NASDAQ:CSX) ... Westinghouse Air Brake Technologies (NYSE:WAB) ... Usd Partners (NYSE:USDP) ... Trinity Industries (NYSE:TRN) ... Greenbrier Companies (NYSE:GBX) ... Csx (NASDAQ:CSX) ... Norfolk Southern (NYSE:NSC)More items...
Is railroad stock a good investment?
High profitability, a moat, stable businesses, a good return on capital and a focus on rewarding shareholders has pushed railroad stocks to extremely high levels.
What is the most profitable railroad?
Top 5 2020 RailroadsBNSF Railway – $29 Billion Revenue. Number of employees: ~35,000. ... Union Pacific Railroad – $19.53 Billion Revenue. Number of employees: 31,000. ... Canadian National Railway – $10.9 Billion Revenue. ... CSX Transportation – $10.6 Billion Revenue. ... Norfolk Southern Railway – $9.79 Billion Revenue.
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 CSX Corp?
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.
What is the dividend payout ratio of CSX?
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.
How much does CSX make?
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.
What is the P/E 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?
The P/E ratio of CSX is 22.80, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 15.35.
Where is CSX located?
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.
Does CSX have a long track record of dividend growth?
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.
