CSX (NASDAQ:CSX) Hits New 12-Month High on Analyst Upgrade

Posted by on May 20th, 2026

Shares of CSX Corporation (NASDAQ:CSX – Get Free Report) hit a new 52-week high during trading on Wednesday after Bank of America raised their price target on the stock from $49.00 to $51.00. Bank of America currently has a buy rating on the stock. CSX traded as high as $46.67 and last traded at $46.5180, with a volume of 534047 shares traded. The stock had previously closed at $46.08.

Several other research analysts have also recently issued reports on CSX. The Goldman Sachs Group reissued a “neutral” rating and issued a $41.00 price objective (up from $37.00) on shares of CSX in a research note on Thursday, April 23rd. New Street Research set a $49.00 price target on CSX in a research report on Thursday, April 23rd. Wolfe Research restated an “outperform” rating and set a $50.00 price target on shares of CSX in a research note on Thursday, April 23rd. Vertical Research downgraded CSX from a “buy” rating to a “hold” rating and set a $44.00 price objective for the company. in a report on Thursday, April 23rd. Finally, Stephens upped their price objective on shares of CSX from $42.00 to $47.00 and gave the stock an “overweight” rating in a research note on Monday, April 6th. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, CSX has a consensus rating of “Moderate Buy” and a consensus target price of $45.58.

Read Our Latest Analysis on CSX

Insider Activity at CSX

In related news, CEO Stephen F. Angel purchased 25,000 shares of the business’s stock in a transaction on Friday, March 6th. The shares were acquired at an average price of $40.27 per share, for a total transaction of $1,006,750.00. Following the purchase, the chief executive officer owned 146,540 shares of the company’s stock, valued at $5,901,165.80. This trade represents a 20.57% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Diana B. Sorfleet sold 90,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $41.56, for a total transaction of $3,740,400.00. Following the completion of the transaction, the chief accounting officer directly owned 165,613 shares of the company’s stock, valued at approximately $6,882,876.28. This represents a 35.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.30% of the stock is currently owned by insiders.

Institutional Trading of CSX

Several large investors have recently added to or reduced their stakes in the company. Strategic Investment Advisors MI purchased a new stake in CSX during the 1st quarter valued at about $103,000. EverSource Wealth Advisors LLC raised its stake in shares of CSX by 23.0% in the first quarter. EverSource Wealth Advisors LLC now owns 16,559 shares of the transportation company’s stock worth $680,000 after purchasing an additional 3,097 shares during the last quarter. Wilkerson Advisory Group LLC lifted its holdings in shares of CSX by 97.4% during the first quarter. Wilkerson Advisory Group LLC now owns 829 shares of the transportation company’s stock worth $34,000 after purchasing an additional 409 shares during the period. Resolute Wealth Strategies LLC boosted its position in CSX by 15.0% in the first quarter. Resolute Wealth Strategies LLC now owns 7,425 shares of the transportation company’s stock valued at $305,000 after buying an additional 970 shares during the last quarter. Finally, S&CO Inc. purchased a new stake in CSX in the first quarter valued at approximately $221,000. Hedge funds and other institutional investors own 73.57% of the company’s stock.

CSX Trading Up 1.2%

The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.83 and a current ratio of 0.97. The company has a market cap of $86.64 billion, a price-to-earnings ratio of 28.57, a P/E/G ratio of 2.41 and a beta of 1.24. The company’s fifty day moving average is $42.42 and its two-hundred day moving average is $39.15.

CSX (NASDAQ:CSX – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The transportation company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.39 by $0.04. The business had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.50 billion. CSX had a net margin of 21.55% and a return on equity of 24.47%. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.34 EPS. On average, research analysts anticipate that CSX Corporation will post 1.89 EPS for the current year.

CSX Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, May 29th. CSX’s dividend payout ratio is presently 34.36%.

CSX Company Profile

(Get Free Report)

CSX Corporation is a leading North American transportation company that provides rail-based freight services and supply-chain solutions. Its operating subsidiary, CSX Transportation, moves a wide range of goods for customers across multiple industries, using a combination of long-haul rail service, intermodal operations and terminal and yard services. The company focuses on delivering efficient, reliable freight transportation between major production centers, consumption markets and port gateways.

CSX’s freight portfolio includes intermodal containers and trailers, bulk commodities, industrial products and specialized unit trains.

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