Here's Why You Should Give CSX Corporation Stock a Miss Now
The combination of weak coal market, rail network issues and high capex casts a shadow over CSX's investment prospects.
CSX Corporation (CSX) Presents at Wolfe Research 18th Annual Global Transportation & Industrials Conference (Transcript)
CSX Corporation (NASDAQ:CSX ) Wolfe Research 18th Annual Global Transportation & Industrials Conference May 20, 2025 8:35 AM ET Company Participants Kevin Boone - Executive Vice President, Chief Commercial Officer Matthew Korn - Head of Investor Relations Conference Call Participants Scott Group - Wolfe Research Scott Group Let me know when we're good. Okay, fantastic.
Why Is CSX (CSX) Up 13.1% Since Last Earnings Report?
CSX (CSX) reported earnings 30 days ago. What's next for the stock?
CSX Executive Vice President and Chief Commercial Officer to Address Wolfe Research Global Transportation & Industrials Conference
JACKSONVILLE, Fla., May 13, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Commercial Officer, Kevin Boone, will address the Wolfe Research 18th Annual Global Transportation & Industrials Conference in New York on Tuesday, May 20, at 8:35 a.m. Eastern time.
CSX reaches tentative 5-year deal with BLET covering 3,400 workers
Railroad operator CSX said on Friday it has signed a tentative agreement for a new five-year contract with the Brotherhood of Locomotive Engineers and Trainmen (BLET).
CSX Corporation Declares Quarterly Dividend
JACKSONVILLE, Fla., May 07, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) announced that the Company's Board of Directors approved a $0.13 per share quarterly dividend on the Company's common stock. The dividend is payable on June 13, 2025, to shareholders of record at the close of business on May 30, 2025.
CSX: A Strong Player In A Changing Freight Market
CSX Corporation, a key player in U.S. railroads, excels in logistics, focusing on efficiency, profitability, and reducing emissions under new CEO Joe Hinrichs. Despite revenue stagnation, CSX maintains high profitability through Precision Scheduled Railroading, cost optimization, and strategic investments in intermodal transport and infrastructure modernization. The company's shares are undervalued, trading at discounts compared to historical and peer averages, presenting a buying opportunity with a potential 16.31% price increase.
CSX Executive Vice President and Chief Financial Officer to Address Bank of America Industrials, Transportation & Airlines Key Leaders Conference
JACKSONVILLE, Fla., May 06, 2025 (GLOBE NEWSWIRE) -- CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Financial Officer, Sean Pelkey, will address the Bank of America Industrials, Transportation & Airlines Key Leaders Conference in New York on Tuesday, May 13, at 8 a.m. Eastern time.
CSX Announces Ratification of Labor Deal with Signalmen and Boilermakers
JACKSONVILLE, Fla., April 30, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced that it has secured the ratification of new five-year collective bargaining agreements with the Brotherhood of Railroad Signalmen (BRS) and the International Brotherhood of Boilermakers, Iron Ship Builders, Forgers & Helpers (IBB).
CSX Adds 18 Rail Served Properties Across 12 States to Select Site Program
JACKSONVILLE, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ: CSX) today announced its latest group of high-ranking properties to receive CSX Select Site designation under the industrial development program. Eighteen sites across 12 states have earned a gold, silver, or bronze rating based on an evaluation of a wide range of site characteristics.
CSX Corporation: Treasuries Look Better
CSX's financial performance is uninspired, with declining revenue, net income, and operating income, indicating a period of slow growth. The dividend yield of 1.9% requires an unrealistic 17.7% CAGR to match the 10-Year Treasury Note, making CSX less attractive. Treasuries offer better risk-adjusted returns compared to CSX, with guaranteed cash returns and potential capital gains.
CSX Q1 Earnings & Revenues Lag Estimates, Decrease Year Over Year
CSX's first-quarter 2025 revenues are hurt by declines in coal revenues, fuel surcharges, and merchandise volume.
