CSX Corporation, 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 230 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike.

Company profile
Ticker
CSX
Exchange
Website
CEO
James Foote
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
CSX Transportation, Inc. ...
IRS number
621051971
CSX stock data
News

Wabtec (WAB) Beats Q2 Earnings Estimates, Ups 2022 EPS View
5 Aug 22
$1000 Invested In CSX 10 Years Ago Would Be Worth This Much Today
29 Jul 22
CSX's Q2 Results Get Mixed Reaction From Analysts - Read More For Details
21 Jul 22
Higher attrition rates dampen CSX plans for operational rebound
21 Jul 22
Cowen & Co. Maintains Market Perform on CSX, Lowers Price Target to $37
21 Jul 22
Press releases
CSX Executive Vice President of Sales & Marketing to Address Deutsche Bank Transportation Conference
10 Aug 22
Thinking about buying stock in Toughbuilt Industries, Waitr, Nokia, Seelos Therapeutics, or CSX Corp?
21 Jul 22
CSX Corp. Announces Second Quarter EPS of $0.54
20 Jul 22
CSX Corp. Declares Quarterly Dividend
13 Jul 22
CSX Releases 2021 ESG Report, Highlights Investment in People and Innovative Environmental Solutions
11 Jul 22
Analyst ratings and price targets
Current price
Average target
$35.60
Low target
$30.00
High target
$40.00
Cowen & Co.
Maintains
$37.00
Barclays
Maintains
$40.00
Stephens & Co.
Maintains
$35.00
Raymond James
Maintains
$36.00
Loop Capital
Upgraded
$38.00
Wells Fargo
Maintains
$30.00
Stifel
Upgraded
$37.00
JP Morgan
Maintains
$33.00
Credit Suisse
Initiated
$35.00
Citigroup
Downgraded
$35.00
Calendar
20 Jul 22
12 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
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Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 724M | 724M | 724M | 724M | 724M | 724M |
Cash burn (monthly) | 404M | 188.5M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 585.29M | 273.09M | n/a | n/a | n/a | n/a |
Cash remaining | 138.71M | 450.91M | n/a | n/a | n/a | n/a |
Runway (months of cash) | 0.3 | 2.4 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Aug 22 | Boychuk Jamie J. | Phantom Stock Common Stock | Grant | Acquire A | Yes | No | 32.6 | 102 | 3.33K | 1,911 |
1 Jul 22 | Boychuk Jamie J. | Phantom Stock Common Stock | Grant | Acquire A | Yes | No | 29.34 | 119 | 3.49K | 1,809 |
30 Jun 22 | Boychuk Jamie J. | Common Stock | Grant | Acquire A | No | No | 24.7 | 583 | 14.4K | 115,430 |
15 Jun 22 | Whisler J Steven | Common Stock | Grant | Acquire A | Yes | No | 29.42 | 1,253 | 36.86K | 54,226 |
6 Jun 22 | John J Zillmer | Common Stock | Sell | Dispose S | No | No | 32.25 | 16,000 | 516K | 320,763 |
1 Jun 22 | Boychuk Jamie J. | Phantom Stock Common Stock | Grant | Acquire A | Yes | No | 32 | 104 | 3.33K | 1,661 |
Institutional ownership, Q1 2022
74.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1524 |
Opened positions | 129 |
Closed positions | 111 |
Increased positions | 579 |
Reduced positions | 511 |
13F shares | Current |
---|---|
Total value | 59.84B |
Total shares | 1.6B |
Total puts | 7.11M |
Total calls | 9.26M |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 185.18M | $6.93B |
BLK Blackrock | 146.77M | $5.5B |
Capital World Investors | 137.68M | $5.16B |
STT State Street | 100.23M | $3.75B |
Capital Research Global Investors | 80M | $3B |
TROW T. Rowe Price | 49.71M | $1.86B |
Soroban Capital Partners | 40.93M | $1.53B |
Geode Capital Management | 38.14M | $1.42B |
Egerton Capital | 30.31M | $1.14B |
RY Royal Bank Of Canada | 26.25M | $983.09M |
Financial report summary
?Competition
Gene BiotherapeuticsRisks
- New legislation or regulatory changes could impact the Company's earnings or restrict its ability to independently negotiate prices.
- Government regulation and compliance risks may adversely affect the Company's operations and financial results.
- CSXT, as a common carrier by rail, is required by law to transport hazardous materials, which could expose the Company to significant costs and claims.
- The Company may be subject to various claims and lawsuits that could result in significant expenditures.
- An epidemic or pandemic, including the ongoing COVID-19 pandemic, and the initiatives to reduce its transmission could adversely affect the Company's business.
- The Company relies on the security, stability and availability of its technology systems to operate its business.
- Network or supply chain constraints could have a negative impact on service, operating efficiency or volume of shipments.
- Future acts of terrorism, war or regulatory changes to combat the risk of terrorism may cause significant disruptions in the Company's operations.
- Severe weather or other natural occurrences could result in significant business interruptions and expenditures in excess of available insurance coverage.
- The Company faces competition from other transportation providers.
- Global economic conditions could negatively affect demand for commodities and other freight.
- Changing dynamics in the U.S. and global energy markets could negatively impact profitability.
- Weaknesses in the capital and credit markets could negatively impact the Company’s access to capital.
- Disruption to a key railroad industry supplier could negatively affect operating efficiency and increase costs.
- Failure to complete negotiations on collective bargaining agreements could result in strikes and/or work stoppages.
- The Company’s operations and financial results could be negatively impacted by climate change and regulatory and legislative responses to climate change.
- The Company is subject to environmental laws and regulations that may result in significant costs.
Management Discussion
- ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
New words:
arbitration, congressional, conveyed, exhausted, incremental, intervention, mediation, mediator, mine, outlined, presidential, Railway, responded, RLA, sale, salt, semiconductor, territory, wider
Removed:
approval, began, cement, close, commensurately, distributed, easement, expand, fertilizer, impacted, repurchasing, retroactively, STB, trading, unrecognized, weekly
Financial reports
Current reports
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
28 Jul 22
8-K
Entry into a Material Definitive Agreement
25 Jul 22
8-K
CSX Corp. Announces Second Quarter EPS of $0.54
20 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
6 May 22
8-K
CSX Corp. Announces First Quarter 2022 Financial Results
20 Apr 22
8-K
Departure of Directors or Certain Officers
26 Jan 22
8-K
CSX Corp. Announces Fourth Quarter 2021 Financial Results
20 Jan 22
8-K
CSX Corp. Announces Third Quarter 2021 Financial Results
20 Oct 21
8-K
CSX Announces Second Quarter EPS of $0.52, Including $0.12 Benefit from Sale of Property Rights to the Commonwealth of Virginia
21 Jul 21
8-K
CSX Announces Senior Leadership Changes
9 Jun 21
Registration and prospectus
424B2
Prospectus for primary offering
22 Jul 22
FWP
Free writing prospectus
21 Jul 22
424B2
Prospectus for primary offering
21 Jul 22
S-3ASR
Automatic shelf registration
16 Feb 22
S-8
Registration of securities for employees
21 Dec 20
424B2
Prospectus for primary offering
2 Dec 20
FWP
Free writing prospectus
1 Dec 20
424B2
Prospectus for primary offering
1 Dec 20
S-8
Registration of securities for employees
29 May 20
424B2
Prospectus for primary offering
27 Mar 20
Proxies
DFAN14A
Additional proxy materials by non-management
2 May 22
DEFR14A
Revised proxy
2 May 22
DEFR14A
Revised proxy
22 Apr 22
DEFA14A
Additional proxy soliciting materials
13 Apr 22
DEFA14A
Additional proxy soliciting materials
22 Mar 22
DEFA14A
Additional proxy soliciting materials
24 Mar 21
DEFA14A
Additional proxy soliciting materials
25 Mar 20
DEF 14A
Definitive proxy
25 Mar 20
Other
CORRESP
Correspondence with SEC
25 Apr 22
UPLOAD
Letter from SEC
20 Apr 22
UPLOAD
Letter from SEC
17 Apr 22
UPLOAD
Letter from SEC
25 Jul 21
CORRESP
Correspondence with SEC
16 Jun 21
UPLOAD
Letter from SEC
7 Jun 21
UPLOAD
Letter from SEC
22 Oct 18
CORRESP
Correspondence with SEC
9 Sep 18
CORRESP
Correspondence with SEC
28 Jun 18
UPLOAD
Letter from SEC
20 Jun 18
Ownership
4
CSX / Jamie J. Boychuk ownership change
3 Aug 22
4
CSX / Jamie J. Boychuk ownership change
5 Jul 22
4
CSX / Jamie J. Boychuk ownership change
5 Jul 22
11-K
Annual report of employee stock purchases
28 Jun 22
11-K
Annual report of employee stock purchases
28 Jun 22
4
CSX / J STEVEN WHISLER ownership change
16 Jun 22
4
CSX / JOHN J ZILLMER ownership change
8 Jun 22
4
CSX / Jamie J. Boychuk ownership change
3 Jun 22
4
CSX / JAMES L WAINSCOTT ownership change
15 May 22
4
CSX / Jamie J. Boychuk ownership change
4 May 22
Transcripts
2022 Q2
Earnings call transcript
20 Jul 22
2022 Q1
Earnings call transcript
21 Apr 22
2021 Q4
Earnings call transcript
21 Jan 22
2021 Q3
Earnings call transcript
21 Oct 21
2021 Q2
Earnings call transcript
22 Jul 21
2021 Q1
Earnings call transcript
20 Apr 21
2020 Q4
Earnings call transcript
21 Jan 21
2020 Q3
Earnings call transcript
22 Oct 20
2020 Q2
Earnings call transcript
23 Jul 20
2020 Q1
Earnings call transcript
22 Apr 20
Reddit threads
What have been your best/worst trades this past year? (No need to disclose $ amounts)
12 Aug 22
I need to get out of a penny stock, ALPA in the CSX.
28 Jul 22
r/Stocks Daily Discussion & Technicals Tuesday - Jul 26, 2022
26 Jul 22
DCA Dividend Investors - what's on the menu this month and why?
25 Jul 22
Any stocks with market cap bigger than $10B that are positioned as global or local monopolies+oligopolies with more than 10% upside potential? I will start with one:
25 Jul 22
Which stocks are on your Mount Rushmore of dividend payers?
23 Jul 22
CSX (NASDAQ:CSX) Will Pay A Dividend Of $0.10
21 Jul 22
CSX (NASDAQ:CSX) Will Pay A Dividend Of $0.10
21 Jul 22
CSX (NASDAQ:CSX) Will Pay A Dividend Of $0.10
21 Jul 22
(7/21) Thursday's Pre-Market Stock Movers & News
21 Jul 22