What's happening with CSX Corporation stock?
CSX Corporation. Analyst Report: CSX Corporation Operating in the Eastern United States, Class I railroad CSX generated revenue near $12.5 billion in 2021. On …
When did CSX stock split in 2021?
Mar 26, 2022 · CSX's stock was trading at $19.4333 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CSX stock has increased by 76.7% and is now trading at $34.33. View which stocks have been most impacted by COVID-19.
Did CSX announce a share repurchase plan?
Apr 07, 2022 · Source. Headline. CSX (NASDAQ:CSX) Now Covered by Analysts at StockNews.com. marketbeat.com - March 31 at 3:27 AM. 3 Reputable Railroad Stocks to Buy Now (CSX) marketbeat.com - March 8 at 7:11 AM. CSX (NASDAQ:CSX) PT Lowered to $44.00 at Susquehanna Bancshares. americanbankingnews.com - April 7 at 2:38 PM.
What is the CSX 3-1 split?
Jul 17, 2019 · Shares of railroad operator CSX Corporation (NASDAQ: CSX) are down 9.8% as of 2:12 p.m. EDT after the company reported second-quarter 2019 earnings results last …
Why is CSX stock dropping?
Shares of CSX tumbled Friday after the rail-based freight company posted fourth-quarter results that indicated higher operating costs.Jan 21, 2022
Will CSX stock 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.
Is CSX stock a good investment?
Out of 14 analysts, 7 (50%) are recommending CSX as a Strong Buy, 5 (35.71%) are recommending CSX as a Buy, 1 (7.14%) are recommending CSX as a Hold, 0 (0%) are recommending CSX as a Sell, and 1 (7.14%) are recommending CSX as a Strong Sell. What is CSX's earnings growth forecast for 2022-2024?
Is CSX a buy right now?
CSX has received a consensus rating of Buy. The company's average rating score is 2.74, and is based on 15 buy ratings, 3 hold ratings, and 1 sell rating.
What was the price of CSX stock before it split?
on June 4 announced a 3-1 stock split. The Jacksonville-based railroad company has been trading above $100 for most of the past month, with a high of $104.87 May 10. 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.Jun 4, 2021
What does CSX stock split mean?
Per the announcement, each shareholder of CSX as of June 18, will receive a stock dividend of 2 additional common shares for every share held. Trading on a split-adjusted basis will begin on June 28. The move will make the company's shares accessible to a larger number of employees and investors.Jun 7, 2021
Is CSX overvalued?
Price to Book Ratio PB vs Industry: CSX is overvalued based on its PB Ratio (5.7x) compared to the US Transportation industry average (1.8x).
Is CSX a buy or sell?
The last rating was given by Susquehanna on Apr 07, 2022. The price target was set to 34.74+0.2. Over the last 30 days, this security got 1 buy, 1 sell, and 0 hold ratings....Predicted Opening Price for CSX Corporation of Monday, April 18, 2022.Fair opening price April 18, 2022Current price$35.04$35.06 (Overvalued)
Is CSX undervalued?
Is CSX Corp Stock Undervalued? The current CSX Corp [CSX] share price is $34.33. The Score for CSX is 54, which is 8% above its historic median score of 50, and infers lower risk than normal. CSX is currently trading in the 50-60% percentile range relative to its historical Stock Score levels.
Who is CSX stock?
Stock Quote (U.S.: Nasdaq) | MarketWatch....$ 35.30.CloseChgChg %$35.060.170.49%
How much is CSX railroad stock selling for?
Key Data PointsMarket Cap:$76BCurrent Price:$34.69Day's Range:$34.63 - $35.5952wk Range:$29.48 - $38.63Volume:21,957,2972 more rows
What is the price of CSX railroad stock?
34.74Performance OutlookPrevious Close34.74Bid34.08 x 3100Ask34.49 x 3100Day's Range33.91 - 34.6852 Week Range29.49 - 38.633 more rows
Is CSX a buy right now?
20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CSX in the last twelve months. There are currently 1 se...
How has CSX's stock price been impacted by Coronavirus (COVID-19)?
CSX's stock was trading at $19.4333 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organizat...
When is CSX's next earnings date?
CSX is scheduled to release its next quarterly earnings announcement on Tuesday, April 19th 2022. View our earnings forecast for CSX .
How were CSX's earnings last quarter?
CSX Co. (NASDAQ:CSX) announced its quarterly earnings results on Thursday, January, 20th. The transportation company reported $0.42 earnings per sh...
How often does CSX pay dividends? What is the dividend yield for CSX?
CSX declared a quarterly dividend on Wednesday, February 16th. Investors of record on Monday, February 28th will be given a dividend of $0.10 per s...
Is CSX a good dividend stock?
CSX pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.12%. CSX has been increasing its dividend for 18 consecutive...
When did CSX's stock split? How did CSX's stock split work?
CSX shares split on the morning of Tuesday, June 29th 2021. The 3-1 split was announced on Friday, June 4th 2021. The newly created shares were dis...
How will CSX's stock buyback program work?
CSX announced that its Board of Directors has initiated a stock repurchase program on Wednesday, October 21st 2020, which allows the company to rep...
What price target have analysts set for CSX?
20 Wall Street analysts have issued 1 year price objectives for CSX's shares. Their forecasts range from $25.00 to $45.00. On average, they expect...
Is CSX a buy right now?
What stocks does MarketBeat like better than CSX?
21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CSX in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CSX stock.#N#View analyst ratings for CSX or view top-rated stocks.
Are investors shorting CSX?
Wall Street analysts have given CSX a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CSX wasn't one of them.
When is CSX's next earnings date?
CSX saw a increase in short interest in July. As of July 30th, there was short interest totaling 20,610,000 shares, an increase of 16.8% from the July 15th total of 17,650,000 shares. Based on an average daily volume of 11,000,000 shares, the short-interest ratio is presently 1.9 days.#N#View CSX's Short Interest.
How were CSX's earnings last quarter?
CSX is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.#N#View our earnings forecast for CSX.
How has CSX's stock been impacted by Coronavirus?
CSX Co. (NASDAQ:CSX) issued its earnings results on Tuesday, July, 20th. The transportation company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.37 by $0.02. The transportation company earned $2.99 billion during the quarter, compared to the consensus estimate of $2.94 billion.
How often does CSX pay dividends? What is the dividend yield for CSX?
CSX's stock was trading at $19.4333 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CSX shares have increased by 59.0% and is now trading at $30.90.#N#View which stocks have been most impacted by COVID-19.
CSX Media Sentiment
CSX announced a quarterly dividend on Monday, July 26th. Shareholders of record on Tuesday, August 31st will be given a dividend of $0.093 per share on Wednesday, September 15th. This represents a $0.37 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Monday, August 30th.#N#View CSX's dividend history.
Media Coverage
Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.
CSX (NASDAQ CSX) News Headlines Today
We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.
What happened
Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm.
So what
Shares of railroad operator CSX Corporation (NASDAQ: CSX) are down 9.8% as of 2:12 p.m. EDT after the company reported second-quarter 2019 earnings results last night that fell short of expectations.
What is CSX transportation?
However, this is not to say that earnings were "bad," necessarily. Although $1.08 per share was less than Street analysts had hoped CSX would earn, these profits were still up 7% in comparison to last year's Q2. And this was despite a 1% year-over-year decline in revenue.
When will the dividend be paid in 2021?
CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation's economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation's population resides. It also links more than 230 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike.
How much did CSX lose in 2020?
The regular, quarterly cash dividend of $0.28 per share payable on June 15, 2021, will not be impacted by the stock split. Based on the current dividend rate, the post-split quarterly dividend on the company's common stock would be $0.093* per share.
Who bought Kansas City Southern?
Between 2017 and 2020, CSX’s revenues declined by about 7% from $11.4 billion in 2017 to $10.6 billion in 2020. This can largely be attributed to the impact of the pandemic on the overall railroad demand. In fact, the 2020 revenue of $10.6 billion reflect a 11% y-o-y drop.
What is Trefis financial?
Canadian Pacific recently announced its plan to acquire Kansas City Southern, which is a step in the right direction for the company, in our view. The acquisition offer of $29 billion was made at a premium of 23% to Kansas’ stock value as of March 19, 2021.
Will there be a rebound in 2021?
Trefis is an interactive financial community structured around trends, forecasts and insights related to some of the most popular stocks in the US. Whereas most finance sites simply give you the facts about where a stock has been and what a company has done in the past, Trefis focuses entirely on the future.
What is CSX stock?
While business for both the companies has been hit during the pandemic, due to lower demand for power and oil & gas products, it is expected to see a rebound in 2021, with containment of the Covid-19 pandemic. However, there is more to the comparison.
What is CSX Corporation?
CSX Corp is a American stock, trading under the symbol CSX-Q on the NASDAQ (CSX). It is usually referred to as NASDAQ:CSX or CSX-Q.
Profits grow, but not as strongly as expected -- and that's the good news
The CSX Corporation is an American holding company focused on real estate and railways in North America, among other industries. The company was established in 1978 as part of the Chessie System and Seaboard Coast Line Industries merger.
What happened
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
So what
Shares of railroad operator CSX Corporation ( NASDAQ:CSX) are down 9.8% as of 2:12 p.m. EDT after the company reported second-quarter 2019 earnings results last night that fell short of expectations.
