CSX (NASDAQ:CSX) Given New $54.00 Price Target at Citigroup

CSX (NASDAQ:CSX) had its target price raised by stock analysts at Citigroup from $53.00 to $54.00 in a report released on Friday,Benzinga reports. The firm currently has a “neutral” rating on the transportation company’s stock. Citigroup’s price target points to a potential upside of 1.45% from the stock’s current price.

A number of other brokerages have also recently weighed in on CSX. The Goldman Sachs Group reissued a “neutral” rating and set a $41.00 target price (up from $37.00) on shares of CSX in a report on Thursday, April 23rd. JPMorgan Chase & Co. lifted their price target on shares of CSX from $56.00 to $58.00 and gave the company an “overweight” rating in a report on Thursday. Robert W. Baird boosted their price objective on shares of CSX from $49.00 to $53.00 and gave the company an “outperform” rating in a research report on Tuesday, July 7th. Wolfe Research reiterated an “outperform” rating and set a $50.00 price objective on shares of CSX in a research note on Thursday, April 23rd. Finally, Wells Fargo & Company raised their target price on shares of CSX from $50.00 to $54.00 and gave the stock an “overweight” rating in a report on Wednesday, July 8th. Seventeen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, CSX currently has an average rating of “Moderate Buy” and an average price target of $51.17.

CSX Stock Performance

Shares of NASDAQ CSX traded up $0.42 during trading on Friday, reaching $53.23. The stock had a trading volume of 7,588,025 shares, compared to its average volume of 13,224,007. CSX has a one year low of $31.80 and a one year high of $53.32. 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 stock has a market cap of $98.91 billion, a PE ratio of 30.79, a P/E/G ratio of 2.47 and a beta of 1.21. The firm’s 50 day moving average price is $47.55 and its two-hundred day moving average price is $43.08.

CSX (NASDAQ:CSX) last posted its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.02. CSX had a return on equity of 25.42% and a net margin of 22.21%.The business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.89 billion. During the same period in the prior year, the company posted $0.44 EPS. The business’s revenue was up 10.1% compared to the same quarter last year. On average, research analysts forecast that CSX will post 1.92 earnings per share for the current fiscal year.

Insider Activity

In other CSX news, CFO Kevin S. Boone sold 136,708 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $46.70, for a total transaction of $6,384,263.60. Following the completion of the transaction, the chief financial officer directly owned 208,622 shares of the company’s stock, valued at $9,742,647.40. The trade was a 39.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John J. Zillmer sold 10,000 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $46.45, for a total transaction of $464,500.00. Following the completion of the transaction, the director owned 353,714 shares of the company’s stock, valued at approximately $16,430,015.30. This trade represents a 2.75% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.30% of the company’s stock.

Hedge Funds Weigh In On CSX

Several hedge funds and other institutional investors have recently made changes to their positions in the business. WFA of San Diego LLC acquired a new position in CSX during the second quarter worth about $28,000. Arlington Trust Co LLC boosted its position in shares of CSX by 58.0% during the 2nd quarter. Arlington Trust Co LLC now owns 681 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 250 shares in the last quarter. Wilkerson Advisory Group LLC grew its stake in shares of CSX by 97.4% in the 1st 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 last quarter. Allied Private Wealth LLC acquired a new position in shares of CSX in the 2nd quarter worth approximately $37,000. Finally, CrossGen Wealth LLC bought a new stake in shares of CSX in the 4th quarter worth approximately $54,000. 73.57% of the stock is currently owned by institutional investors and hedge funds.

CSX News Roundup

Here are the key news stories impacting CSX this week:

• Positive Sentiment: CSX reported Q2 EPS of $0.54 and revenue of $3.94 billion, both above estimates, with revenue up 10.1% year over year and operating margin expanding to 38.3%. CSX Corp. Announces Second Quarter 2026 Results
• Positive Sentiment: Management raised full-year 2026 guidance after stronger-than-expected volume, pricing, fuel surcharge revenue, and cost controls supported the beat. CSX boosts outlook on higher volume and revenue
• Positive Sentiment: Analysts turned more constructive, with JPMorgan, Bank of America, TD Cowen, and UBS raising price targets and reiterating buy/overweight ratings, signaling confidence in margin expansion and earnings momentum. Analyst target updates on CSX
• Positive Sentiment: CSX’s results were driven by strong intermodal demand and broad-based volume growth, which investors view as evidence that rail traffic trends are improving. CSX second-quarter profit, revenue rises on intermodal demand
• Neutral Sentiment: The stock also drew attention from momentum investors after its recent run to new highs, reflecting continued market enthusiasm following the earnings release. CSX Is Up 2.71% in One Week: What You Should Know
• Neutral Sentiment: Brokerage consensus remains constructive overall, with CSX now carrying a “Moderate Buy” rating from analysts. CSX receives consensus recommendation of Moderate Buy
• Negative Sentiment: Not all analysts are bullish: Morgan Stanley reiterated a Sell rating and kept a $32 target, arguing upside is limited despite the strong quarter. Analyst Reiterates Sell on CSX

About CSX

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.