CSX (NASDAQ:CSX) Price Target Raised to $48.00 at JPMorgan Chase & Co.

CSX (NASDAQ:CSX) had its price objective boosted by JPMorgan Chase & Co. from $42.00 to $48.00 in a report issued on Thursday morning,MarketScreener reports. JPMorgan Chase & Co. currently has an overweight rating on the transportation company’s stock.

A number of other research firms also recently weighed in on CSX. Wolfe Research raised their price target on CSX from $44.00 to $46.00 and gave the company an “outperform” rating in a research report on Tuesday, April 7th. Weiss Ratings restated a “hold (c+)” rating on shares of CSX in a research report on Monday, December 29th. The Goldman Sachs Group restated a “neutral” rating and set a $41.00 price target (up from $37.00) on shares of CSX in a research report on Thursday. New Street Research set a $49.00 price target on CSX in a research report on Thursday. Finally, Jefferies Financial Group raised their price target on CSX from $42.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. Sixteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, CSX presently has a consensus rating of “Moderate Buy” and an average price target of $45.26.

CSX Trading Up 6.9%

NASDAQ CSX opened at $46.18 on Thursday. The stock’s 50-day simple moving average is $41.34 and its two-hundred day simple moving average is $38.08. CSX has a twelve month low of $27.18 and a twelve month high of $46.55. The company has a quick ratio of 0.69, a current ratio of 0.81 and a debt-to-equity ratio of 1.38. The company has a market capitalization of $85.93 billion, a price-to-earnings ratio of 28.33, a PEG ratio of 2.41 and a beta of 1.25.

CSX (NASDAQ:CSX) last released its quarterly earnings results on Wednesday, April 22nd. The transportation company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.04. CSX had a return on equity of 24.86% and a net margin of 21.55%.The business had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.50 billion. During the same quarter last year, the business posted $0.34 earnings per share. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. Research analysts forecast that CSX will post 1.84 EPS for the current fiscal year.

CSX Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were issued a $0.14 dividend. This is an increase from CSX’s previous quarterly dividend of $0.13. This represents a $0.56 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, February 27th. CSX’s dividend payout ratio (DPR) is presently 36.36%.

Insider Transactions at CSX

In other news, EVP Stephen Fortune sold 31,456 shares of CSX stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $38.65, for a total value of $1,215,774.40. Following the transaction, the executive vice president owned 82,034 shares in the company, valued at approximately $3,170,614.10. The trade was a 27.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Stephen F. Angel acquired 25,000 shares of the firm’s stock in a transaction dated Friday, March 6th. The stock was bought at an average price of $40.27 per share, for a total transaction of $1,006,750.00. Following the acquisition, the chief executive officer owned 146,540 shares of the company’s stock, valued at approximately $5,901,165.80. This trade represents a 20.57% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have sold 188,123 shares of company stock worth $7,454,854. Company insiders own 0.30% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CSX. Brighton Jones LLC increased its holdings in shares of CSX by 5.5% in the fourth quarter. Brighton Jones LLC now owns 16,254 shares of the transportation company’s stock worth $525,000 after buying an additional 849 shares during the period. BI Asset Management Fondsmaeglerselskab A S increased its holdings in shares of CSX by 3.2% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 74,410 shares of the transportation company’s stock worth $2,428,000 after buying an additional 2,281 shares during the period. WFA of San Diego LLC bought a new stake in shares of CSX in the second quarter worth about $28,000. Captrust Financial Advisors grew its stake in shares of CSX by 0.8% in the second quarter. Captrust Financial Advisors now owns 405,828 shares of the transportation company’s stock worth $13,242,000 after purchasing an additional 3,162 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of CSX by 5.8% in the third quarter. Farther Finance Advisors LLC now owns 28,294 shares of the transportation company’s stock worth $1,005,000 after purchasing an additional 1,549 shares during the last quarter. Hedge funds and other institutional investors own 73.57% of the company’s stock.

Key Stories Impacting CSX

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Q1 results beat on EPS and showed strong margin expansion and cash generation; management lifted the 2026 revenue outlook to mid‑single digits and flagged significant free‑cash‑flow upside — this underpins the rally. CSX Q1 Earnings Beat Estimates, Revenues Lag, 2026 View Raised
• Positive Sentiment: Operational improvements (efficiency initiatives, network expansion, record fuel efficiency) drove margin gains and lower operating expenses — a structural positive for future EPS and cash flow. CSX Q1 Deep Dive: Efficiency Initiatives and Network Expansion Drive Margin Growth
• Positive Sentiment: Multiple brokerages raised price targets and ratings (Jefferies, JPMorgan, Wells Fargo, Raymond James, BofA, RBC, etc.), reflecting the quarter and improved guidance — analyst support helped lift investor demand. These Analysts Increase Their Forecasts On CSX After Q1 Earnings
• Positive Sentiment: Unusually large bullish options activity (heavy call buying) and notable insider buying (CEO purchased shares) suggest short‑term speculative and management conviction support. Quiver Quant: CSX jumps as Q1 profit beats expectations and outlook improves
• Neutral Sentiment: The top‑line was roughly flat — revenue modestly missed estimates while volumes rose slightly; investors will watch whether revenue growth keeps pace with margin gains. CSX Q1 Earnings Beat Estimates, Revenues Lag, 2026 View Raised (Zacks)
• Neutral Sentiment: The stock traded near a 52‑week high after results — positive momentum but raises the bar for future beats. CSX rallies to a new 52-week high after showing operational improvement in Q1
• Negative Sentiment: Morgan Stanley downgraded CSX, saying the turnaround progress is largely priced in and valuation looks stretched (they set a much lower target) — this creates near‑term downside risk if future results disappoint. CSX Turnaround Largely Reflected in Stock Valuation, Morgan Stanley Says in Downgrade
• Negative Sentiment: Some commentators caution about price risk after the run‑up — elevated multiples mean the stock could be sensitive to any slowdown in volumes, pricing or margin recovery. CSX: Stellar Financial Report, But Price Risk Still Remains

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.