Zacks Research Estimates CSX’s Q3 Earnings (NASDAQ:CSX)

Posted by Stanley Muller on Nov 6th, 2026

CSX Corporation (NASDAQ:CSX – Free Report) – Research analysts at Zacks Research increased their Q3 2027 earnings estimates for shares of CSX in a research note issued to investors on Wednesday, November 4th. Zacks Research analyst Team now expects that the transportation company will earn $0.60 per share for the quarter, up from their previous forecast of $0.57. The consensus estimate for CSX’s current full-year earnings is $2.05 per share. Zacks Research also issued estimates for CSX’s Q2 2028 earnings at $0.53 EPS.

CSX has been the subject of several other research reports. Benchmark reiterated a “buy” rating and set a $54.00 target price (up from $48.00) on shares of CSX in a research note on Wednesday, July 15th. Sanford C. Bernstein reissued a “market perform” rating and set a $49.00 price target on shares of CSX in a report on Thursday, October 22nd. Evercore set a $53.00 price target on CSX in a research report on Friday, October 23rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $54.00 target price (up from $53.00) on shares of CSX in a research note on Thursday, October 22nd. Finally, Wall Street Zen lowered CSX from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Eighteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $52.20.

View Our Latest Stock Report on CSX

CSX Trading Down 2.3%

NASDAQ CSX opened at $50.83 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.75 and a current ratio of 0.84. The firm has a market cap of $93.70 billion, a PE ratio of 26.97, a P/E/G ratio of 2.28 and a beta of 1.12. CSX has a one year low of $33.63 and a one year high of $53.60. The firm’s fifty day moving average is $48.84 and its two-hundred day moving average is $45.82.

CSX (NASDAQ:CSX – Get Free Report) last issued its quarterly earnings results on Wednesday, October 21st. The transportation company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.04. CSX had a net margin of 23.97% and a return on equity of 25.94%. The firm had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.96 billion. During the same quarter in the prior year, the business earned $0.44 EPS. CSX’s quarterly revenue was up 12.0% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CSX. BlackRock Inc. purchased a new stake in shares of CSX during the 2nd quarter worth $7,655,277,000. XXEC Inc. acquired a new position in shares of CSX during the 2nd quarter worth $765,595,000. Bank of America Corp DE purchased a new position in shares of CSX in the 2nd quarter valued at about $1,598,962,000. Bank of New York Mellon Corp purchased a new position in shares of CSX in the 2nd quarter valued at about $950,325,000. Finally, Legal & General Group Plc purchased a new position in shares of CSX in the 2nd quarter valued at about $747,001,000. Institutional investors and hedge funds own 73.57% of the company’s stock.

Insider Activity

In other news, Director John Zillmer sold 19,500 shares of the stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $51.24, for a total transaction of $999,180.00. Following the completion of the transaction, the director directly owned 334,214 shares of the company’s stock, valued at approximately $17,125,125.36. This represents a 5.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.30% of the company’s stock.

CSX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be given a dividend of $0.14 per share. The ex-dividend date is Monday, November 30th. This represents a $0.56 annualized dividend and a yield of 1.1%. CSX’s payout ratio is presently 29.02%.

CSX News Summary

Here are the key news stories impacting CSX this week:

Positive Sentiment: Analysts raised several earnings forecasts. Zacks Research increased its FY2026, FY2027 and FY2028 EPS estimates to $2.06, $2.32 and $2.38, respectively, with notable increases to some quarterly projections. The revisions suggest improved expectations for CSX’s earnings trajectory. CSX stock gets higher 2026 earnings forecast from Zacks
Positive Sentiment: Productivity is supporting the outlook. Recent coverage describes productivity gains as lifting CSX’s 2026 outlook, although the company still faces an execution test. CSX stock faces execution test as productivity lifts 2026 outlook
Neutral Sentiment: CSX’s CFO is scheduled to speak at an industrial conference on Nov. 11. Any new outlook or operating commentary could inform investor expectations, but no new disclosures are included in the announcement. CSX CFO to address Baird Global Industrial Conference
Negative Sentiment: Some estimates moved lower, and local train incidents drew attention. Zacks trimmed its Q2 2028 EPS forecast from $0.54 to $0.53, a modest offset to the broader increases. Separate reports describe a teen struck by a CSX train and a collision involving a CSX train and a semi-truck; the articles do not report a resulting financial or network-wide impact. Delaware teen hit by CSX train CSX train hits semi-truck near downtown Decatur

About CSX

(Get Free Report)

CSX Corporation is a transportation company whose primary business is freight railroading through its CSX Transportation subsidiary. The company operates an extensive rail network across the eastern United States, serving major industrial centers, population hubs, ports and distribution markets.

CSX transports a broad range of products, including chemicals, agricultural and food products, forest products, minerals, metals, automotive goods and other manufactured merchandise. Its services also include intermodal transportation, which combines rail service with trucks and containers, as well as the movement of coal and other bulk commodities.

The company traces its roots to the formation of CSX Corporation in 1980 through the merger of Chessie System and Seaboard Coast Line Industries.