CSX (NASDAQ:CSX) Given New $49.00 Price Target at Raymond James Financial

CSX (NASDAQ:CSX) had its price target boosted by Raymond James Financial from $45.00 to $49.00 in a research report released on Thursday morning,MarketScreener reports. Raymond James Financial currently has an outperform rating on the transportation company’s stock.

A number of other brokerages have also weighed in on CSX. BMO Capital Markets increased their target price on CSX from $40.00 to $45.00 and gave the stock a “market perform” rating in a research note on Thursday. TD Cowen increased their target price on CSX from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Thursday. The Goldman Sachs Group reiterated a “neutral” rating and set a $41.00 target price (up from $37.00) on shares of CSX in a research note on Thursday. Rothschild & Co Redburn increased their target price on CSX from $42.50 to $45.50 and gave the stock a “buy” rating in a research note on Wednesday, April 1st. Finally, Stephens raised their price objective on CSX from $42.00 to $47.00 and gave the stock an “overweight” rating in a research note on Monday, April 6th. Sixteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $45.26.

CSX Stock Performance

CSX opened at $46.18 on Thursday. CSX has a 12-month low of $27.18 and a 12-month high of $46.55. The stock has a market cap of $85.93 billion, a price-to-earnings ratio of 28.33, a PEG ratio of 2.41 and a beta of 1.25. The business has a 50 day moving average of $41.34 and a 200-day moving average of $38.08. The company has a quick ratio of 0.69, a current ratio of 0.81 and a debt-to-equity ratio of 1.38.

CSX (NASDAQ:CSX) last released its quarterly earnings data on Wednesday, April 22nd. The transportation company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.04. CSX had a return on equity of 24.86% and a net margin of 21.55%.The company had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.50 billion. During the same period last year, the firm posted $0.34 earnings per share. The business’s revenue was up 1.7% on a year-over-year basis. On average, equities research analysts expect that CSX will post 1.84 earnings per share for the current year.

CSX Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were paid a dividend of $0.14 per share. This is a boost from CSX’s previous quarterly dividend of $0.13. The ex-dividend date was Friday, February 27th. This represents a $0.56 dividend on an annualized basis and a yield of 1.2%. CSX’s dividend payout ratio is 36.36%.

Insiders Place Their Bets

In other CSX news, CAO Diana B. Sorfleet sold 90,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $41.56, for a total transaction of $3,740,400.00. Following the transaction, the chief accounting officer owned 165,613 shares in the company, valued at $6,882,876.28. This trade represents a 35.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Stephen F. Angel acquired 25,000 shares of the stock in a transaction on Friday, March 6th. The shares were bought at an average price of $40.27 per share, for a total transaction of $1,006,750.00. Following the purchase, the chief executive officer owned 146,540 shares in the company, valued at approximately $5,901,165.80. This trade represents a 20.57% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 188,123 shares of company stock worth $7,454,854 in the last 90 days. Company insiders own 0.30% of the company’s stock.

Hedge Funds Weigh In On CSX

Several hedge funds and other institutional investors have recently modified their holdings of CSX. FNY Investment Advisers LLC increased its stake in shares of CSX by 437.3% in the 3rd quarter. FNY Investment Advisers LLC now owns 720 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 586 shares during the last quarter. WFA of San Diego LLC bought a new position in shares of CSX in the 2nd quarter valued at $28,000. Pinnacle Bancorp Inc. increased its stake in shares of CSX by 121.5% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,329 shares of the transportation company’s stock valued at $47,000 after purchasing an additional 729 shares during the last quarter. CrossGen Wealth LLC bought a new position in shares of CSX in the 4th quarter valued at $54,000. Finally, Aventura Private Wealth LLC bought a new position in shares of CSX in the 4th quarter valued at $63,000. Institutional investors own 73.57% of the company’s stock.

Trending Headlines about CSX

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Q1 results beat on EPS and showed strong margin expansion and cash generation; management lifted the 2026 revenue outlook to mid‑single digits and flagged significant free‑cash‑flow upside — this underpins the rally. CSX Q1 Earnings Beat Estimates, Revenues Lag, 2026 View Raised
• Positive Sentiment: Operational improvements (efficiency initiatives, network expansion, record fuel efficiency) drove margin gains and lower operating expenses — a structural positive for future EPS and cash flow. CSX Q1 Deep Dive: Efficiency Initiatives and Network Expansion Drive Margin Growth
• Positive Sentiment: Multiple brokerages raised price targets and ratings (Jefferies, JPMorgan, Wells Fargo, Raymond James, BofA, RBC, etc.), reflecting the quarter and improved guidance — analyst support helped lift investor demand. These Analysts Increase Their Forecasts On CSX After Q1 Earnings
• Positive Sentiment: Unusually large bullish options activity (heavy call buying) and notable insider buying (CEO purchased shares) suggest short‑term speculative and management conviction support. Quiver Quant: CSX jumps as Q1 profit beats expectations and outlook improves
• Neutral Sentiment: The top‑line was roughly flat — revenue modestly missed estimates while volumes rose slightly; investors will watch whether revenue growth keeps pace with margin gains. CSX Q1 Earnings Beat Estimates, Revenues Lag, 2026 View Raised (Zacks)
• Neutral Sentiment: The stock traded near a 52‑week high after results — positive momentum but raises the bar for future beats. CSX rallies to a new 52-week high after showing operational improvement in Q1
• Negative Sentiment: Morgan Stanley downgraded CSX, saying the turnaround progress is largely priced in and valuation looks stretched (they set a much lower target) — this creates near‑term downside risk if future results disappoint. CSX Turnaround Largely Reflected in Stock Valuation, Morgan Stanley Says in Downgrade
• Negative Sentiment: Some commentators caution about price risk after the run‑up — elevated multiples mean the stock could be sensitive to any slowdown in volumes, pricing or margin recovery. CSX: Stellar Financial Report, But Price Risk Still Remains

About CSX

CSX Corporation is a leading North American transportation company that provides rail-based freight services and supply-chain solutions. Its operating subsidiary, CSX Transportation, moves a wide range of goods for customers across multiple industries, using a combination of long-haul rail service, intermodal operations and terminal and yard services. The company focuses on delivering efficient, reliable freight transportation between major production centers, consumption markets and port gateways.

CSX’s freight portfolio includes intermodal containers and trailers, bulk commodities, industrial products and specialized unit trains.