Seeking Alpha

CSX Corporation (CSX)

  • Jul. 16, 2013, 4:03 PM
    CSX (CSX): Q2 EPS of $0.52 beats by $0.05. Revenue of $3.1B beats by $0.1B. Shares +5.1% AH. (PR)
    | 1 Comment
  • Jul. 16, 2013, 12:10 AM
    Notable earnings after Tuesday’s close: CSX, IBKR, PKG, URI, YHOO
    | Comment!
  • Jul. 15, 2013, 5:35 PM
    Notable earnings after Tuesday’s close: CSX, IBKR, PKG, URI, YHOO
    | Comment!
  • Jul. 11, 2013, 1:51 PM
    Buckingham Research upgrades CSX Corp (CSX +1.7%) to a Buy rating with a $27 price target. Positive factors: 1) Shares are too heavily discounted over coal export issues if a long-term view is taken. 2) A recovery in the grain markets bodes well for demand. 3) The investment firm thinks CSX will increase free cash flow to $400M in 2014, while maintaining a level debt-to-equity ratio.
    | Comment!
  • Jul. 10, 2013, 5:13 PM
    CSX Corporation (CSX) declares $0.15/share quarterly dividend, in line with previous. Forward yield 2.51%. For shareholders of record Aug. 30. Payable Sept. 13. Ex-div Aug. 28. (PR)
    | Comment!
  • Jul. 9, 2013, 2:48 PM
    Railroad stocks move higher with M&A chatter in the sector picking up again and more forecasts out that supply chain managers will have a bigger incentive to move freight by train instead of trucks in the near future. Advancers: CSX +3.5%, GWR +3.3%, UNP +2.2%, NSC +1.9%, CP +1.7%.
    | Comment!
  • May. 29, 2013, 11:04 AM
    A CSX (CSX -0.6%) train derailment in Maryland led to collapsed buildings and several injuries as fifteen cars became derailed, but analysts say it doesn't appear to be a major event which will affect share price in the long term.
    | 1 Comment
  • May. 28, 2013, 2:56 PM
    Shares of CSX (CSX -0.7%) slump into negative territory after reports come in that a train derailment in Maryland is tied to the company.
  • May. 2, 2013, 2:42 PM
    Coal demand is set to pick up more than some expect, Morgan Stanley predicts, and suggests several stocks that will benefit. The firm upgrades Consol Energy (CNX +4.4%) based on CNX’s low-cost, high quality coal and gas assets, and its focus on shareholder returns. Also well-positioned: Arch Coal (ACI), rails CSX and Norfolk Southern (NSC), plus utilities NRG, Exelon (EXC) and Calpine (CPN).
  • Apr. 18, 2013, 3:58 PM
    Union Pacific's (UNP +4.2%) crude oil shipments more than doubled in Q1 as railroads continue to get a lift from the U.S. oil-and-gas drilling boom. UNP's overall volume fell 2%, in line with CSX, as weaker shipments of coal and agriculture products weighed on results. Still, Q1 earnings rose 11% on modest revenue growth, and UNP sees a short-term recovery in coal shipments as utilities rebuild stocks.
    | Comment!
  • Apr. 17, 2013, 9:59 AM
    Railroad stocks are mild under-performers after CSX Corporation (CSX -0.8%) issues a soft outlook on demand for coal transport. The company sees relatively flat earnings in 2013 before 10% to 15% growth is seen in 2014 and 2015. Sector watch: NSC -1.6%, UNP -1.3%, CNI -1.2%, CP -1.5%.
  • Apr. 16, 2013, 4:19 PM
    More on CSX (CSX): Q1 beats on a per share basis, but revenue came in at nearly $3B, essentially flat from the year before and shy of the $2.9B analysts expected as gains in merchandise, intermodal and other revenue offset declines in the company's coal business. The company also announced $1B share buyback program.
  • Apr. 16, 2013, 4:10 PM
    CSX Corporation (CSX): declares $0.15/share quarterly dividend, 7% increase from prior dividend of $0.14. Forward yield 2.48%. For shareholders of record May 31. Payable June 14. Ex-div date May 29. The board approved a new $1.0B share repurchase plan. Shares +2.2% AH. (PR)
  • Apr. 16, 2013, 4:04 PM
    CSX (CSX): Q1 EPS of $0.45 beats by $0.05. Shares +2.7% AH. (PR)
  • Apr. 16, 2013, 12:10 AM
    Notable earnings after Tuesday’s close: CSX, IBKR, INTC, LLTC, URI, YHOO
    | Comment!
  • Apr. 15, 2013, 5:35 PM
    Notable earnings after Tuesday ’s close: CSX, IBKR, INTC, LLTC, URI, YHOO
Visit Seeking Alpha's
CSX vs. ETF Alternatives
Company Description
CSX Corporation operates as a transportation supplier. It provides rail-based transportation services including traditional rail service and the transport of intermodal containers and trailers.
Sector: Services
Industry: Railroads
Country: United States