CSX Corp. (NASDAQ:CSX)’s traded shares stood at 1.97 million during the latest session, with the company’s beta value hitting 1.19. At the last check today, the stock’s price was $33.08, to imply a decrease of -0.08% or -$0.02 in intraday trading. The CSX share’s 52-week high remains $40.12, putting it -21.28% down since that peak but still an impressive 12.24% since price per share fell to its 52-week low of $29.03. The company has a valuation of $63.78B, with an average of 14.66 million shares in intraday trading volume over the past 10 days and average of 11.28 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for CSX Corp. (CSX), translating to a mean rating of 1.86. Of 23 analyst(s) looking at the stock, 1 analyst(s) give CSX a Sell rating. 0 of those analysts rate the stock as Overweight while 6 advise Hold as 16 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.44.

CSX Corp. (NASDAQ:CSX) trade information

After registering a -0.08% downside in the latest session, CSX Corp. (CSX) has traded red over the past five days. The 5-day price performance for the stock is -3.06%, and -2.43% over 30 days. With these gigs, the year-to-date price performance is -4.60%. Short interest in CSX Corp. (NASDAQ:CSX) saw shorts transact 24.05 million shares and set a 2.19 days time to cover.

The extremes give us $24 and $44 for target low and target high price respectively. As such, CSX has been trading -33.01% off suggested target high and 27.45% from its likely low.

CSX Corp. (CSX) estimates and forecasts

Looking at statistics comparing CSX Corp. share performance against respective industry, we note that the company has outperformed competitors. CSX Corp. (CSX) shares are -2.69% down over the last 6 months, with its year-to-date growth rate higher than industry average at 0.54% against -0.20%. The rating firms project that company’s revenue will shrink -0.30% compared to the previous financial year.

Revenue forecast for the current quarter as set by 17 analysts is 3.61B. Meanwhile, for the current quarter, a total of 11 analyst(s) estimate revenue growth to 3.7B.Earnings reports from the last fiscal year show that sales brought in 3.68B and 3.66B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -1.80% before jumping 0.90% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 7.59% for the past 5-year period. While 2024 is set for a 0.27% return in earnings, projections for the next 5 years are at 8.01% annually.

CSX Dividends

CSX Corp. has its next earnings report out on 2025-Jan-22. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. CSX Corp. has a forward dividend ratio of 0.47, with the share yield ticking at 1.42% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 1.27%.

CSX Corp. (NASDAQ:CSX)’s Major holders

CSX Corp. insiders hold 0.22% of total outstanding shares, with institutional holders owning 78.53% of the shares at 78.70% float percentage. In total, 78.53% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 175.03 million shares (or 8.9392% of shares), all amounting to roughly $5.85 billion.

The next major institution holding the largest number of shares is BLACKROCK INC. with 146.76 million shares, or about 7.4956% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $4.91 billion.