CSX Co. (NASDAQ:CSX) Expected to Post FY2026 Earnings of $1.92 Per Share

CSX Co. (NASDAQ:CSX) – Investment analysts at Zacks Research increased their FY2026 earnings per share (EPS) estimates for CSX in a research note issued on Wednesday, May 1st. Zacks Research analyst M. Basu now anticipates that the transportation company will post earnings of $1.92 per share for the year, up from their prior forecast of $1.88. The consensus estimate for CSX’s current full-year earnings is $1.95 per share.

CSX (NASDAQ:CSX) last announced its quarterly earnings data on Wednesday, April 17th. The transportation company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.01. The firm had revenue of $3.68 billion during the quarter, compared to analysts’ expectations of $3.66 billion. CSX had a return on equity of 29.58% and a net margin of 24.75%. The company’s quarterly revenue was down .8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.48 EPS.

CSX has been the topic of a number of other research reports. Raymond James raised their target price on CSX from $35.00 to $38.00 and gave the stock an “outperform” rating in a report on Tuesday, January 16th. Royal Bank of Canada reduced their target price on CSX from $37.00 to $36.00 and set a “sector perform” rating on the stock in a report on Thursday, April 18th. UBS Group decreased their target price on CSX from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Thursday, April 18th. Jefferies Financial Group cut their price objective on CSX from $40.00 to $38.00 and set a “hold” rating on the stock in a report on Thursday, April 18th. Finally, Bank of America decreased their price objective on CSX from $40.00 to $39.00 and set a “buy” rating for the company in a research report on Thursday, April 18th. Five research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, CSX currently has a consensus rating of “Moderate Buy” and an average target price of $38.00.

CSX Trading Up 0.8 %

CSX opened at $33.85 on Monday. The firm has a 50 day simple moving average of $36.23 and a 200 day simple moving average of $34.59. CSX has a fifty-two week low of $29.03 and a fifty-two week high of $40.12. The company has a market cap of $66.17 billion, a price-to-earnings ratio of 18.60, a price-to-earnings-growth ratio of 2.03 and a beta of 1.19. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.15 and a quick ratio of 1.00.

CSX Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.42%. This is an increase from CSX’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Wednesday, February 28th. CSX’s dividend payout ratio is currently 26.37%.

Institutional Trading of CSX

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD lifted its stake in CSX by 18.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 64,807,961 shares of the transportation company’s stock valued at $2,246,893,000 after purchasing an additional 9,914,656 shares during the last quarter. Capital International Investors lifted its position in shares of CSX by 14.3% in the fourth quarter. Capital International Investors now owns 40,353,078 shares of the transportation company’s stock valued at $1,399,104,000 after buying an additional 5,041,679 shares during the last quarter. Lazard Asset Management LLC boosted its stake in shares of CSX by 10.4% during the 3rd quarter. Lazard Asset Management LLC now owns 29,191,044 shares of the transportation company’s stock worth $897,624,000 after acquiring an additional 2,748,738 shares during the period. Morgan Stanley boosted its position in CSX by 3.1% during the third quarter. Morgan Stanley now owns 24,340,514 shares of the transportation company’s stock worth $748,471,000 after purchasing an additional 739,411 shares during the period. Finally, Fisher Asset Management LLC increased its holdings in shares of CSX by 2.1% in the fourth quarter. Fisher Asset Management LLC now owns 22,378,276 shares of the transportation company’s stock valued at $775,855,000 after purchasing an additional 470,640 shares during the last quarter. 73.57% of the stock is owned by institutional investors.

About CSX

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities.