Date | Price Target | Rating | Analyst |
---|---|---|---|
7/8/2024 | Buy → Neutral | BofA Securities | |
6/7/2024 | $35.00 | Equal Weight | Wells Fargo |
4/8/2024 | $40.00 | Hold | Jefferies |
1/25/2024 | $32.00 → $36.00 | Market Perform | TD Cowen |
1/8/2024 | Neutral → Positive | Susquehanna | |
10/11/2023 | $37.00 → $40.00 | Neutral → Overweight | JP Morgan |
9/8/2023 | $34.00 → $36.00 | Neutral → Buy | BofA Securities |
8/4/2023 | Buy → Neutral | BofA Securities |
BofA Securities downgraded CSX from Buy to Neutral
Wells Fargo initiated coverage of CSX with a rating of Equal Weight and set a new price target of $35.00
Jefferies initiated coverage of CSX with a rating of Hold and set a new price target of $40.00
4 - CSX CORP (0000277948) (Issuer)
3 - CSX CORP (0000277948) (Issuer)
4 - CSX CORP (0000277948) (Issuer)
JACKSONVILLE, Fla., Aug. 23, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ:CSX) today announced that it has reached new tentative five-year collective bargaining agreements with seven additional labor unions. These agreements cover the following groups: The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters (BMWED), covering maintenance of way employees;The International Association of Machinists & Aerospace Workers (IAM) covering machinists and roadway mechanics.The International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division (SMART-TD), covering the yardmasters;The Brotherhood of Railway Carmen (BRC) cover
JACKSONVILLE, Fla., Aug. 22, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ:CSX) today announced it has secured new five-year tentative collective bargaining agreements with the International Association of Sheet Metal, Air, Rail and Transportation Workers – Mechanical Division (SMART-MD) and the American Train Dispatchers Association (ATDA). "We are continually listening to our valued front-line employees about what is needed to make positive and impactful improvements to our work environment. Their well-being is critical to our company's success, and we are proud to get these deals done ahead of schedule," said Joe Hinrichs, president and chief executive officer. "We remain committed to working w
JACKSONVILLE, Fla., Aug. 21, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced today that the railroad has reached tentative agreements on new five-year collective bargaining agreements with the Transportation Communications Union (TCU), the Brotherhood of Railway Carmen (BRC), and General Committee of Adjustment GO-049 of the International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division (SMART-TD), representing train service employees on the Northern Mid-Atlantic District territory of the CSX system. "I want to recognize the labor leaders who have stepped up to serve the best interests of their members and our employees in getting these
JACKSONVILLE, Fla., Aug. 05, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) today announced second quarter 2024 operating income of $1.45 billion compared to $1.47 billion in the prior year period. Net earnings were $963 million, or $0.49 per diluted share, compared to $984 million, or $0.49 per diluted share, in the same period last year. Total volume of 1.58 million units for the quarter was 2% higher compared to second quarter 2023. "CSX remained focused on efficiently serving our customers over the second quarter, allowing us to deliver strong sequential increases in volume, operating income, margin, and earnings per share," said Joe Hinrichs, president and chief executive officer. "
JACKSONVILLE, Fla., July 10, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) announced that the Company's Board of Directors approved a $0.12 per share quarterly dividend on the Company's common stock. The dividend is payable on September 13, 2024, to shareholders of record at the close of business on August 30, 2024. About CSX and its Disclosures CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the n
JACKSONVILLE, Fla., July 08, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) will release second quarter financial and operating results after the market close on Monday, August 5, 2024. This will be followed by a conference call and live webcast hosted by the company's management team at 4:30 p.m. Eastern Time. This release date reflects the Company's review of the capitalization of prior period engineering materials and labor. The results of this review are not expected to impact free cash flow in past or future periods. Excluding the results of this review, the Company still expects to improve both operating income and operating margin on a sequential basis in the second quarter, and m
CSX (NASDAQ:CSX) has outperformed the market over the past 20 years by 7.76% on an annualized basis producing an average annual return of 16.27%. Currently, CSX has a market capitalization of $66.31 billion. Buying $100 In CSX: If an investor had bought $100 of CSX stock 20 years ago, it would be worth $1,981.85 today based on a price of $33.92 for CSX at the time of writing. CSX's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an editor
B of A Securities analyst Ken Hoexter maintains CSX (NASDAQ:CSX) with a Neutral and maintains $37 price target.
10-Q - CSX CORP (0000277948) (Filer)
8-K - CSX CORP (0000277948) (Filer)
11-K - CSX CORP (0000277948) (Filer)
SC 13G/A - CSX CORP (0000277948) (Subject)
SC 13G/A - CSX CORP (0000277948) (Subject)
SC 13G/A - CSX CORP (0000277948) (Subject)
JACKSONVILLE, Fla., May 08, 2024 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ:CSX) held its Annual Shareholders Meeting today. Preliminary results indicate the re-election of the company's 11 director nominees for one-year terms and appointment of Anne Chow to its board of directors. The preliminary results highlight the company's dedication to excellence. Joe Hinrichs, president and chief operating officer of CSX, said: "With a distinguished career marked by progressive leadership, Anne's extensive background in customer service and technology perfectly aligns with CSX's vision for growth and innovation. We are honored to have her join our team and assist us as we advance our strategy to gener
Introduces Eight-Member Slate with Deep Experience in Governance, Finance, Legislative and Regulatory Affairs, Strategic Transformations, Transportation and the Railroad Sector Proposes Jim Barber, a Proven Transportation Network Leader and Former Executive at UPS, as CEO and Jamie Boychuk, a Career Railroader and Former Executive at CSX, as COO Introduces "Network of the Future" Strategy Offering Path to Significant Value Creation Releases Presentation Entitled "The Case for Leadership, Safety and Strategy Changes at Norfolk Southern" That is Downloadable at www.MoveNSCForward.com Ohio-based Ancora Holdings Group, LLC, its affiliates and the other participants in its solicitation (
JACKSONVILLE, Fla., Sept. 18, 2023 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ:CSX) is continuing its partnership with the national non-profit, Operation Lifesaver, for the sixth consecutive year in support of Rail Safety Week. The annual campaign promotes public safety near railroad tracks and serves as a nationwide platform to educate communities about safe behaviors that help prevent crossing collisions and trespass incidents. "Education is at the heart of rail safety. By engaging with communities and fostering a culture of awareness, we can make substantial progress toward reducing these incidents," said Sean Douris, chief of police, public safety and infrastructure protection at CSX.