CSX Corporation (CSX) – What Are Investment Firms Thinking About This Stock?

Shares of CSX Corporation (NASDAQ:CSX) have been assigned an average rating of “Moderate Buy” from the twenty-six research firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eighteen have assigned a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $52.20.

Several equities analysts recently issued reports on CSX shares. Citigroup reiterated a “neutral” rating and set a $54.00 price target (up from $53.00) on shares of CSX in a research report on Friday, October 23rd. Bank of America increased their price objective on CSX from $55.00 to $57.00 and gave the stock a “buy” rating in a report on Thursday, October 22nd. Evercore set a $53.00 price target on shares of CSX in a research report on Friday, October 23rd. Truist Financial set a $46.00 target price on shares of CSX in a report on Friday, July 10th. Finally, Wall Street Zen lowered CSX from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th.

CSX Trading Down 2.3%

NASDAQ:CSX opened at $50.83 on Friday. The firm has a market capitalization of $93.70 billion, a P/E ratio of 26.97, a P/E/G ratio of 2.28 and a beta of 1.12. The company has a quick ratio of 0.75, a current ratio of 0.84 and a debt-to-equity ratio of 1.19. The company has a fifty day moving average of $48.84 and a 200 day moving average of $45.82. CSX has a 52 week low of $33.63 and a 52 week high of $53.60.

CSX (NASDAQ:CSX) last issued its quarterly earnings data on Wednesday, October 21st. The transportation company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.53 by $0.04. CSX had a net margin of 23.97% and a return on equity of 25.94%. The firm had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $3.96 billion. During the same period in the prior year, the firm posted $0.44 earnings per share. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. On average, research analysts predict that CSX will post 2.05 earnings per share for the current year.

CSX Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be issued a dividend of $0.14 per share. The ex-dividend date is Monday, November 30th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.1%. CSX’s dividend payout ratio is presently 29.02%.

Insiders Place Their Bets

In related news, Director John Zillmer sold 19,500 shares of the company’s stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $51.24, for a total value of $999,180.00. Following the transaction, the director directly owned 334,214 shares of the company’s stock, valued at approximately $17,125,125.36. This represents a 5.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.30% of the stock is currently owned by insiders.

Institutional Trading of CSX

A number of large investors have recently made changes to their positions in CSX. Archer Investment Corp purchased a new position in CSX in the second quarter valued at about $26,000. N.E.W. Advisory Services LLC acquired a new stake in shares of CSX in the 2nd quarter worth $27,000. Pin Oak Investment Advisors Inc. acquired a new position in CSX during the 2nd quarter valued at about $29,000. Covestor Ltd boosted its holdings in CSX by 51.7% in the third quarter. Covestor Ltd now owns 619 shares of the transportation company’s stock worth $29,000 after acquiring an additional 211 shares in the last quarter. Finally, Manning & Napier Advisors LLC acquired a new position in shares of CSX during the second quarter valued at about $30,000. 73.57% of the stock is currently owned by institutional investors.

Key Stories Impacting CSX

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Zacks Research increased its EPS forecasts for multiple quarters and fiscal years, including FY2026 to $2.06 from $2.00, FY2027 to $2.32 from $2.14, and FY2028 to $2.38 from $2.27. Higher earnings expectations may support investor confidence, though they are analyst forecasts rather than company guidance. CSX analyst estimates
• Positive Sentiment: A recent report highlights productivity gains as a factor lifting CSX’s 2026 outlook. The focus now is on whether the company can deliver those improvements. CSX productivity and outlook
• Neutral Sentiment: CSX CFO Kevin Boone is scheduled to speak at the Baird Global Industrial Conference on November 11; the announcement itself provides no new financial guidance. Conference announcement
• Neutral Sentiment: The CleanSpace Holdings share-buyback notice concerns a different company, listed in Australia under the same CSX ticker, and is unrelated to NASDAQ-listed CSX Corporation.

CSX Company Profile

CSX Corporation is a transportation company whose primary business is freight railroading through its CSX Transportation subsidiary. The company operates an extensive rail network across the eastern United States, serving major industrial centers, population hubs, ports and distribution markets.

CSX transports a broad range of products, including chemicals, agricultural and food products, forest products, minerals, metals, automotive goods and other manufactured merchandise. Its services also include intermodal transportation, which combines rail service with trucks and containers, as well as the movement of coal and other bulk commodities.

The company traces its roots to the formation of CSX Corporation in 1980 through the merger of Chessie System and Seaboard Coast Line Industries.