In the last trading session, 13.59 million CSX Corp (NASDAQ:CSX) shares changed hands as the company’s beta touched 1.23. With the company’s per share price at $31.23 changed hands at $0.02 or 0.06% during last session, the market valuation stood at $58.67B. CSX’s last price was a discount, traded about -18.8% off its 52-week high of $37.10. The share price had its 52-week low at $26.22, which suggests the last value was 16.04% up since then.
Analysts gave the CSX Corp (CSX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.82. If we narrow down to specifics, the data shows that 1 out of 23 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 6 recommended CSX as a Hold, 16 felt it is a Buy and 0 rated the stock as Underweight.
CSX Corp (NASDAQ:CSX) trade information
Instantly CSX was in green as seen at the end of in last trading. With action 2.26%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -3.22%, with the 5-day performance at 2.26% in the green. However, in the 30-day time frame, CSX Corp (NASDAQ:CSX) is 13.73% up.
The consensus price target for the stock as assigned by Wall Street analysts is 34, meaning bulls need an upside of 8.15% from its current market value. According to analyst projections, CSX’s forecast low is 32 with 37 as the target high. To hit the forecast high, the stock’s price needs a -18.48% plunge from its current level, while the stock would need to soar -2.47% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 5.12%. The 2025 estimates are for CSX Corp earnings to decrease by -9.52%, but the outlook for the next 5-year period is at 4.66% per year.
CSX Dividends
CSX Corp is expected to release its next quarterly earnings report in June. The 1.57% annual yield figure for the share gives it an annual dividend of 0.49. It is important to note, however, that the 1.57% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.5496% or 146.76 million shares worth $4.91 billion as of 2024-06-30.
