CSX CorpCSX
Market Cap: 67.1B
About: Operating in the Eastern United States, Class I railroad CSX generated revenue near $14.7 billion in 2023. On its more than 21,000 miles of track, CSX hauls shipments of coal (16% of consolidated revenue), chemicals (17%), intermodal containers (16%), automotive cargo (7%), and a diverse mix of other bulk and industrial merchandise.
Employees: 23,400
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
28% more funds holding in top 10
Funds holding in top 10: 18 [Q4 2023] → 23 (+5) [Q1 2024]
5% more capital invested
Capital invested by funds: $50B [Q4 2023] → $52.6B (+$2.56B) [Q1 2024]
7% more first-time investments, than exits
New positions opened: 143 | Existing positions closed: 134
2% more repeat investments, than reductions
Existing positions increased: 597 | Existing positions reduced: 585
1% more funds holding
Funds holding: 1,630 [Q4 2023] → 1,639 (+9) [Q1 2024]
0.49% less ownership
Funds ownership: 73.01% [Q4 2023] → 72.52% (-0.49%) [Q1 2024]
6% less call options, than puts
Call options by funds: $193M | Put options by funds: $204M
Research analyst outlook
11 Wall Street Analysts provided 1 year price forecasts over the past 6 months
11 analyst ratings
Bernstein David Vernon | 5%upside $36 | Market Perform Maintained | 8 Jul 2024 |
Susquehanna Bascome Majors | 17%upside $40 | Positive Maintained | 25 Jun 2024 |
UBS Thomas Wadewitz | 28%upside $44 | Buy Maintained | 18 Apr 2024 |
RBC Capital Walter Spracklin | 5%upside $36 | Sector Perform Maintained | 18 Apr 2024 |
Jefferies Stephanie Moore | 11%upside $38 | Hold Maintained | 18 Apr 2024 |
Financial journalist opinion
Based on 7 articles about CSX published over the past 30 days