Zacks Research Brokers Raise Earnings Estimates for CSX

CSX Corporation (NASDAQ:CSX) – Stock analysts at Zacks Research upped their Q4 2026 earnings per share estimates for CSX in a research note issued on Monday, July 7th. Zacks Research analyst M. Basu now expects that the transportation company will post earnings of $0.48 per share for the quarter, up from their prior estimate of $0.47. The consensus estimate for CSX’s current full-year earnings is $1.83 per share.

CSX has been the subject of several other reports. UBS Group lowered their target price on CSX from $36.00 to $34.00 and set a “buy” rating for the company in a report on Thursday, April 17th. Bank of America boosted their price objective on CSX from $33.00 to $35.00 and gave the stock a “neutral” rating in a research report on Friday, June 13th. Argus set a $32.00 price objective on CSX in a research report on Friday, April 25th. Sanford C. Bernstein reiterated a “market perform” rating and set a $36.00 price objective (up from $33.00) on shares of CSX in a research report on Tuesday. Finally, BMO Capital Markets reduced their price objective on CSX from $36.00 to $35.00 and set an “outperform” rating for the company in a research report on Thursday, April 17th. Nine analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, CSX currently has an average rating of “Moderate Buy” and a consensus price target of $34.41.

CSX Stock Up 0.1%

NASDAQ:CSX opened at $33.35 on Thursday. The firm has a market capitalization of $62.66 billion, a PE ratio of 19.91, a price-to-earnings-growth ratio of 2.93 and a beta of 1.23. The stock has a 50 day moving average of $31.51 and a 200-day moving average of $31.09. CSX has a 52 week low of $26.22 and a 52 week high of $37.10. The company has a current ratio of 0.88, a quick ratio of 0.75 and a debt-to-equity ratio of 1.52.

CSX (NASDAQ:CSX) last posted its earnings results on Wednesday, April 16th. The transportation company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.05). The company had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $3.53 billion. CSX had a net margin of 22.66% and a return on equity of 26.42%.

CSX Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were issued a $0.13 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a $0.52 annualized dividend and a dividend yield of 1.56%. CSX’s dividend payout ratio is currently 31.14%.

Institutional Trading of CSX

Several large investors have recently added to or reduced their stakes in CSX. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in CSX during the 4th quarter valued at $27,000. Rossby Financial LCC acquired a new stake in CSX during the 1st quarter valued at $28,000. Accredited Wealth Management LLC acquired a new stake in CSX during the 4th quarter valued at $29,000. Fourth Dimension Wealth LLC acquired a new stake in CSX during the 4th quarter valued at $29,000. Finally, Barnes Dennig Private Wealth Management LLC acquired a new stake in CSX during the 1st quarter valued at $30,000. 73.57% of the stock is owned by institutional investors and hedge funds.

CSX Company Profile

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities.