Latest news with #CSXCorporation
Yahoo
02-08-2025
- Business
- Yahoo
Do Wall Street Analysts Like CSX Stock?
Jacksonville, Florida-based CSX Corporation (CSX) operates as one of the leading transportation companies in North America, providing rail-based freight transportation services in the U.S. and Canada. With a market cap of $65.8 billion, CSX operates through rail and trucking segments. The transportation giant has notably lagged behind the broader market over the past year but outperformed it in 2025. CSX stock has gained 10.1% on a YTD basis and inched up 1.5% over the past 52 weeks, compared to the S&P 500 Index's ($SPX) 7.8% gains in 2025 and 16.6% returns over the past year. More News from Barchart Morgan Stanley Says Nvidia Has 'Exceptional' Strength. Should You Buy NVDA Stock Here? With UnitedHealth Under DOJ Investigation, Should You Buy, Sell, or Hold UNH Stock Now? This High-Yield Dividend Stock Just Slashed Its Payout. Is It Time to Sell Now? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Narrowing the focus, CSX has also outpaced the industry-focused iShares Transportation Average ETF's (IYT) marginal uptick in 2025, and underperformed IYT's 3.9% gains over the past year. CSX stock prices observed a marginal gain in the trading session after the release of its mixed Q2 results on Jul. 23. Due to the impact of reduced fuel surcharge and drop in merchandise volume, the company's topline took a notable hit. This was partly offset by an increase in pricing and intermodal volumes, yet the total revenues dropped 3.4% year-over-year to $3.6 billion, missing the Street expectations by a small margin. Meanwhile, the company did a commendable job at curbing expenses, which led to a smaller drop in earnings compared to expectations. Net earnings came in at $829 million, down 13.9% year-over-year, yet its EPS of $0.44, surpassed the consensus estimates by 4.8%. For the full fiscal 2025, ending in December, analysts expect CSX to deliver an EPS of $1.67, down 8.7% year-over-year. The company has a mixed earnings surprise history. It has surpassed the Street's bottom-line estimates thrice over the past four quarters, while missing the projections on one other occasion. The stock has a consensus 'Moderate Buy' rating overall. Of the 25 analysts covering the stock, opinions include 17 'Strong Buys,' one 'Moderate Buy,' and seven 'Holds.' This configuration is notably more bullish than a month ago, when only 13 analysts gave 'Strong Buy' recommendations. On Jul. 25, Baird analyst Daniel Moore reiterated an 'Outperform' rating on CSX and raised the price target from $38 to $44. CSX's mean price target of $37.71 suggests a modest 6.1% upside from current price levels, while the Street-high target of $45 represents a notable 26.6% premium. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CBS News
21-07-2025
- Business
- CBS News
Operations at Baltimore coal terminal caused air pollution in Curtis Bay community, report says
Bulldozer operations at a coal facility at the Port of Baltimore are directly connected to increased air pollution in the nearby Curtis Bay neighborhood, according to a Johns Hopkins University Bloomberg School of Public Health study. According to the study, levels of air pollutants, including particulate matter and black carbon, were highest when there was both bulldozer activity and wind blowing from the coal terminal. Researchers monitored air quality for a full year, from July 2022 to July 2023, using 10 monitoring sites around Curtis Bay and a camera that tracked bulldozer activity at CSX Corporation's Curtis Bay Piers terminal. "Curtis Bay residents have reported for years that they observe black dust that accumulates at their homes and in the community and they attribute this to coal dust," Christopher D. Heaney, associate professor in the Department of Environmental Health and Engineering at the Bloomberg School, said. The coal terminal was originally built in 1882 and serves as a storage facility for coal brought by rail, mainly from coal mines in Pennsylvania and West Virginia. The coal is transported to India and several Northern European countries. The terminal contributes roughly one-third of U.S. annual coal exports, according to the report. The Curtis Bay neighborhood sits directly west of the coal terminal, surrounded by heavy industrial activity and diesel truck, train, and ship traffic. Residents have complained about coal dust pollution for years. In Nov. 2024, Curtis Bay residents urged the Maryland Department of the Environment to reject the operating permit for the CSX terminal when it was up for renewal. The residents said they wanted to live without constant coal dust from the nearby terminal. An MDE spokesperson said that while the department can enforce operational restrictions, it does not have the authority to halt operations. In September 2024, CSX settled a class action lawsuit for $1.75 million after a coal dust explosion.
Yahoo
15-07-2025
- Business
- Yahoo
Earnings Preview: What To Expect From CSX Corporation's Report
With a market cap of $63.8 billion, CSX Corporation (CSX) is a leading transportation company in North America, providing rail-based freight services across the United States and Canada. With a vast 20,000-mile rail network and a fleet of approximately 3,500 locomotives, CSX connects key production and distribution centers through its rail, intermodal, and trucking services. The Jacksonville, Florida-based company is expected to release its fiscal Q2 2025 earnings results after the market closes on Wednesday, Jul. 23. Ahead of this event, analysts project CSX to report an EPS of $0.42, a 14.3% decline from $0.49 in the year-ago quarter. The company has exceeded Wall Street's bottom-line estimates in one of the last four quarters while missing on three other occasions. Palantir Just Launched Warp Speed for Warships. Does That Make PLTR Stock a Buy? This Analyst Just Doubled His Price Target on AMD Stock How High Can Nvidia Stock Go as Jensen Huang Heads to China? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2025, analysts forecast the freight railroad to report EPS of $1.65, down 9.8% from $1.83 in fiscal 2024. However, EPS is expected to grow 15.8% year-over-year to $1.91 in fiscal 2026. CSX stock has risen marginally over the past 52 weeks, lagging behind the broader S&P 500 Index's ($SPX) 11.6% return and the Industrial Select Sector SPDR Fund's (XLI) 21.6% gain over the same period. On Apr. 16, CSX Corporation reported disappointing Q1 2025 financial results, with earnings per share coming in at $0.34, missing analysts' expectations and marking a 26% decline compared to the same quarter last year. Revenue also fell short, totaling $3.4 billion, a 7% year-over-year decrease, driven primarily by a 27% drop in coal revenues, a 6% decline in trucking, and a 20% fall in other revenues. Despite the weak performance, CSX shares rose 1.2% the following day. Analysts' consensus view on CSX Corporation stock is cautiously optimistic, with a "Moderate Buy" rating overall. Among 25 analysts covering the stock, 14 suggest a "Strong Buy," one gives a "Moderate Buy," and 10 provide a "Hold" rating. This configuration is less bullish than three months ago, with 17 analysts suggesting a "Strong Buy." As of writing, the stock is trading below the average analyst price target of $34.33. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
11-06-2025
- Business
- Yahoo
CSX Announces Ratification of Labor Deal with Locomotive Engineers
JACKSONVILLE, Fla., June 11, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced that employees represented by the Brotherhood of Locomotive Engineers and Trainmen (BLET) have voted to ratify the five-year collective bargaining agreement covering approximately 3,400 locomotive engineers. This is the first ratification reached by a Class I freight railroad with BLET. 'The ratified agreement demonstrates the value of our partnership with BLET, our CSX General Chairmen, and our shared commitment to improving the day-to-day experience for our locomotive engineers,' said Joe Hinrichs, President and CEO of CSX. 'I want to thank our engineers for their unwavering dedication to our customers and the communities in which we live and work. This is a significant milestone for our people and the future of our railroad.' The agreement mirrors the general wage increases, and health and welfare improvements from CSX's agreements with 13 other unions. Locomotive engineers make up approximately 20 percent of CSX's frontline workforce. To date, nearly 75 percent of CSX unionized workers are now covered by new agreements reached within the last 10 months. The only remaining major workgroup at CSX not covered by new agreements or a tentative agreement are trainmen/conductors represented by SMART-TD. CSX is currently engaged in bargaining with SMART-TD to consolidate separate territories, workforces, and execute a single-system collective agreement. About CSX 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 nation's economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation's population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike. More information about CSX Corporation and its subsidiaries is available at Like us on Facebook ( and follow us on X, formerly known as Twitter ( Contact: Matthew Korn, CFA, Investor Relations904-366-4515 Bryan Tucker, Corporate Communications 855-955-6397Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-06-2025
- Business
- Yahoo
CSX's (NASDAQ:CSX) investors will be pleased with their favorable 35% return over the last five years
If you buy and hold a stock for many years, you'd hope to be making a profit. Better yet, you'd like to see the share price move up more than the market average. Unfortunately for shareholders, while the CSX Corporation (NASDAQ:CSX) share price is up 26% in the last five years, that's less than the market return. Unfortunately the share price is down 6.4% in the last year. So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Over half a decade, CSX managed to grow its earnings per share at 4.4% a year. So the EPS growth rate is rather close to the annualized share price gain of 5% per year. That suggests that the market sentiment around the company hasn't changed much over that time. Rather, the share price has approximately tracked EPS growth. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here. It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, CSX's TSR for the last 5 years was 35%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence! CSX shareholders are down 5.0% for the year (even including dividends), but the market itself is up 13%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. On the bright side, long term shareholders have made money, with a gain of 6% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for CSX you should know about. But note: CSX may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
