In the last trading session, 12.55 million shares of the CSX Corp (NASDAQ:CSX) were traded, and its beta was 1.24. Most recently the company’s share price was $32.12, and it changed around -$0.44 or -1.35% from the last close, which brings the market valuation of the company to $60.34B. CSX currently trades at a discount to its 52-week high of $37.10, offering almost -15.5% off that amount. The share price’s 52-week low was $26.22, which indicates that the current value has risen by an impressive 18.37% since then. We note from CSX Corp’s average daily trading volume that its 10-day average is 13.62 million shares, with the 3-month average coming to 15.85 million.
CSX Corp stock received a consensus recommendation rating of Hold, based on a mean score of 1.89. If we narrow it down even further, the data shows that 0 out of 28 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 12 recommended CSX as a Hold, whereas 11 deemed it a Buy, and 0 rated it as Underweight.
CSX Corp (NASDAQ:CSX) trade information
Instantly CSX has showed a red trend with a performance of -1.35% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 32.65 on recent trading dayincreased the stock’s daily price by 1.62%. The company’s shares are currently down -0.46% year-to-date, but still down -1.50% over the last five days. On the other hand, CSX Corp (NASDAQ:CSX) is 2.55% up in the 30-day period. We can see from the shorts that 26.12 million shares have been sold at a short interest cover period of 1.79 day(s).
The consensus price target as assigned by Wall Street analysts is $34, which translates to bulls needing to increase their stock price by 5.53% from its current value. Analyst projections state that CSX is forecast to be at a low of $32 and a high of $37.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 5.12%. CSX Corp earnings are expected to increase by -9.65% in 2025, but the outlook is positive 4.66% per year for the next five years.
CSX Dividends
CSX Corp’s next quarterly earnings report is expected to be released on 2025-Apr-15. The annual dividend yield of the stock is 1.56 percent and its annual dividend per share was 0.50. It is important to note, however, that the 1.56% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 1.28 per year.
CSX Corp (NASDAQ:CSX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.25% of CSX Corp shares, and 80.11% of them are in the hands of institutional investors. The stock currently has a share float of 80.31%. CSX Corp stock is held by 2167.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.0036% of the shares, which is about 175.03 million shares worth $5.85 billion.
BLACKROCK INC., with 7.5496% or 146.76 million shares worth $4.91 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
