Is CSX a good stock to buy?
Is CSX Corporation stock A Buy? CSX Corporation holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.
Should you buy CSX stock?
CSX Corporation CSX stock ... International Inc. TFII. All the stocks carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1(Strong Buy) Rank stocks here.
Is CSX a good investment?
Is CSX stock a good investment? CSX stock has outperformed the market due to better than expected quarterly results, and a rebound in transportation demand, along with a stable operating ratio, despite the impact of the pandemic. Our dashboard Buy Or Fear CSX Corporation Stock provides the key numbers behind our thinking.
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.
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Can you buy CSX stock?
CSX Corporation offers a Direct Stock Purchase Plan for investors to purchase or sell CSX Corporation Common Stock.
What is the price of CSX railroad stock?
28.93Performance OutlookPrevious Close28.93Bid29.14 x 2900Ask29.15 x 800Day's Range28.97 - 29.3952 Week Range28.67 - 38.633 more rows
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
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.
Is CSX overvalued?
PB vs Industry: CSX is overvalued based on its Price-To-Book Ratio (5.3x) compared to the US Transportation industry average (2x).
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.
What is the best railroad stock to buy now?
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
How many shares of CSX stock are there?
CSX shares outstanding for the quarter ending March 31, 2022 were 2.193B, a 4.07% decline year-over-year. CSX 2021 shares outstanding were 2.255B, a 2.17% decline from 2020. CSX 2020 shares outstanding were 2.305B, a 3.76% decline from 2019.
Can you invest in the railroad?
Railroad stocks offer growth and sustainability When you have a moat, and a stable infrastructure, the more business you do using your infrastructure, the more money you make because your costs increase less than your revenue thanks to the fixed cost part.
Should I buy CSX stock?
Out of 13 analysts, 5 (38.46%) are recommending CSX as a Strong Buy, 4 (30.77%) are recommending CSX as a Buy, 3 (23.08%) are recommending CSX as a Hold, 0 (0%) are recommending CSX as a Sell, and 1 (7.69%) are recommending CSX as a Strong Sell. What is CSX's earnings growth forecast for 2022-2024?
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.
Does CSX pay a dividend?
CSX pays quarterly dividends on its common stock on or about the 15th of March, June, September and December, when declared by the board of directors to shareholders of record approximately three weeks earlier. CSX offers direct deposit of dividends to shareholders who request it.
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...
CSX pushes for millions in Amtrak investment for Gulf passenger rail
Ceredex Value Advisors LLC Buys Stanley Black & Decker Inc, Synchrony Financial, Coca-Cola ..
The Jacksonville-based railroad fielded some harsh questions about service in the area during a two-day hearing.
Van Hulzen Asset Management, LLC Buys Vertex Pharmaceuticals Inc, Microsoft Corp, AbbVie Inc, ..
Investment company Ceredex Value Advisors LLC (Current Portfolio) buys Stanley Black & Decker Inc, Synchrony Financial, Coca-Cola Europacific Partners PLC, Dentsply Sirona Inc, Progressive Corp, sells Zimmer Biomet Holdings Inc, Air Products & Chemicals Inc, NXP Semiconductors NV, Humana Inc, Qualcomm Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Ceredex Value Advisors LLC..
Migdal Insurance & Financial Holdings Ltd. ..
El Dorado Hills, CA, based Investment company Van Hulzen Asset Management, LLC (Current Portfolio) buys Vertex Pharmaceuticals Inc, Microsoft Corp, AbbVie Inc, eBay Inc, Cisco Systems Inc, sells Dollar General Corp, Johnson & Johnson, Tesla Inc, Citigroup Inc, Newmont Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Van Hulzen Asset Management, LLC..
Were Hedge Funds Right About CSX Corporation (CSX)?
Investment company Migdal Insurance & Financial Holdings Ltd.
Folger Nolan Fleming Douglas Capital Management, I Buys Vanguard Total Stock Market ETF, The ..
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 867 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
Bulls Say
Investment company Folger Nolan Fleming Douglas Capital Management, I (Current Portfolio) buys Vanguard Total Stock Market ETF, The Home Depot Inc, Northrop Grumman Corp, PNC Financial Services Group Inc, National Fuel Gas Co, sells Capital One Financial Corp, Sylvamo Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Folger Nolan Fleming Douglas Capital Management, I..
When will CSX repurchase its stock?
Thanks to PSR, CSX has posted impressive operating ratio gains in recent years despite losing half of its highly profitable coal business over the past eight years.
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.
When will CSX split?
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.
Nasdaq Global Select
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.
Environmental, Social, and Governance Rating
Owns companies providing rail, intermodal and rail-to-truck transload services that combine to form one of the nations leading transportation companies.
Business Summary
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
