CSX (CSX) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US1264081035

Coal, Oil, Chemicals, Automobiles, Food, Containers

CSX Corporation is a leading provider of rail-based freight transportation services, operating an extensive network of approximately 20,000 route miles across 26 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec.

The company offers a wide range of services, including rail transportation of intermodal containers and trailers, as well as bulk commodity operations, rail-to-truck transfers, and other specialized transportation services. Its freight portfolio includes chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, metals, and equipment, among others.

CSX plays a critical role in the energy sector, transporting coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants. The company also exports coal to deep-water port facilities, supporting international trade.

In addition to its rail services, CSX provides intermodal services through a network of approximately 30 terminals, transporting manufactured consumer goods in containers. Its drayage services include the pickup and delivery of intermodal shipments, offering a seamless door-to-door experience for customers.

The company has a strong presence in the automotive industry, serving distribution centers and storage locations, and connecting non-rail served customers through its rail-to-truck transfer services. This enables the transportation of products such as plastics and ethanol, supporting the manufacturing and logistics needs of various industries.

With a fleet of approximately 3,500 locomotives, CSX operates a vast network of track connections, serving production and distribution facilities across its extensive rail network. Headquartered in Jacksonville, Florida, CSX Corporation was incorporated in 1978 and continues to play a vital role in the North American transportation landscape.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for CSX (CSX) - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for CSX (CSX) - Stock Price & Dividends

CSX Stock Overview

Market Cap in USD 62,910m
Sector Industrials
Industry Railroads
GiC SubIndustry Rail Transportation
TER 0.00%
IPO / Inception 1980-11-03

CSX Stock Ratings

Growth 5y 37.9
Fundamental 34.8
Dividend 7.04
Rel. Performance vs Sector -0.84
Analysts 4.21/5
Fair Price Momentum 29.21 USD
Fair Price DCF 42.34 USD

CSX Dividends

Yield 12m 1.38%
Yield on Cost 5y 1.90%
Dividends CAGR 5y 6.58%
Payout Consistency 97.2%

CSX Growth Ratios

Growth 12m 3.46%
Growth Correlation 12m 35%
Growth Correlation 3m -76%
CAGR 5y 6.63%
CAGR/Mean DD 5y 0.63
Sharpe Ratio 12m -0.10
Alpha vs SP500 12m -23.89
Beta vs SP500 5y weekly 1.00
ValueRay RSI 59.08
Volatility GJR Garch 1y 18.22%
Price / SMA 50 -0.6%
Price / SMA 200 -0.54%
Current Volume 18688k
Average Volume 20d 11309k

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What is the price of CSX stocks?
As of June 22, 2024, the stock is trading at USD 33.41 with a total of 18,688,045 shares traded.
Over the past week, the price has changed by +3.82%, over one month by +1.39%, over three months by -11.46% and over the past year by +2.25%.
What are the forecast for CSX stock price target?
According to ValueRays Forecast Model, CSX CSX will be worth about 32.1 in June 2025. The stock is currently trading at 33.41. This means that the stock has a potential downside of -3.95%.
Issuer Forecast Upside
Wallstreet Target Price 39.3 17.7
Analysts Target Price 36.4 8.89
ValueRay Target Price 32.1 -3.95

CSX Corporation: Navigating Through Time

History of CSX Corporation

CSX Corporation has a rich history that dates back to the early 19th century, when its predecessors began laying rails to form the backbone of America's freight railway network. Officially formed in 1980 through the merger of Chessie System and Seaboard Coast Line Industries, CSX has evolved into one of the nation's leading transportation suppliers. The merger integrated several different railroads, creating a more efficient and expansive network across the Eastern United States.

Core Business

At its heart, CSX is a freight railroad company. It specializes in the transport of containerized goods, bulk commodities, and intermodal traffic across a vast network spanning approximately 21,000 route miles across 23 states, the District of Columbia, and two Canadian provinces. The company's services are crucial for industries such as agriculture, energy, construction, and automotive, offering a greener alternative to road transport with lower emissions per ton-mile of freight moved.

Side Businesses

Beyond its core railroad operations, CSX has effectively diversified its business. This includes TRANSFLO, its subsidiary specializing in the transfer of bulk commodities between railcars and trucks, offering more flexibility to customers. Moreover, CSX’s real estate division manages a substantial portfolio, capitalizing on asset sales, leasing, and development opportunities that leverage the company's extensive land holdings.

Current Market Status

As of early 2023, CSX Corporation continues to stand strong in the competitive landscape of the freight and transportation industry. Its NASDAQ listing under the ticker CSX reflects a solid market performance, showcasing resilience and growth even in challenging economic conditions. The company's proactive strategies in adopting technology for operational efficiency and sustainability initiatives have positioned it well for future advancements. With ongoing investments in infrastructure and technology, CSX aims to maintain its leadership position by enhancing safety, service, and environmental stewardship in the years to come.