Zacks Research Predicts CSX’s FY2026 Earnings (NASDAQ:CSX)

CSX Corporation (NASDAQ:CSX) – Research analysts at Zacks Research raised their FY2026 earnings per share (EPS) estimates for shares of CSX in a note issued to investors on Wednesday, November 4th. Zacks Research analyst Team now expects that the transportation company will earn $2.06 per share for the year, up from their previous forecast of $2.00. The consensus estimate for CSX’s current full-year earnings is $2.04 per share. Zacks Research also issued estimates for CSX’s Q4 2026 earnings at $0.52 EPS, Q1 2027 earnings at $0.51 EPS, Q2 2027 earnings at $0.57 EPS, Q4 2027 earnings at $0.64 EPS, FY2027 earnings at $2.32 EPS, Q1 2028 earnings at $0.50 EPS, Q3 2028 earnings at $0.63 EPS and FY2028 earnings at $2.38 EPS.

CSX (NASDAQ:CSX) last released its earnings results on Wednesday, October 21st. The transportation company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.04. The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.96 billion. CSX had a return on equity of 25.94% and a net margin of 23.97%. The company’s revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.44 EPS.

CSX has been the topic of several other research reports. Truist Financial set a $46.00 price objective on shares of CSX in a research note on Friday, July 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $59.00 target price on shares of CSX in a research note on Friday, July 24th. Evercore set a $53.00 price target on shares of CSX in a report on Friday, October 23rd. Stifel Nicolaus set a $54.00 price target on shares of CSX in a research report on Thursday, July 23rd. Finally, Argus set a $56.00 price objective on shares of CSX in a report on Friday, July 31st. Eighteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $52.20.

CSX Stock Up 2.6%

Shares of CSX stock opened at $52.05 on Thursday. CSX has a 12 month low of $33.63 and a 12 month high of $53.60. The company has a quick ratio of 0.75, a current ratio of 0.84 and a debt-to-equity ratio of 1.19. The firm has a market cap of $95.95 billion, a PE ratio of 26.97, a price-to-earnings-growth ratio of 2.23 and a beta of 1.12. The stock has a 50 day moving average of $48.86 and a 200-day moving average of $45.75.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Lido Advisors LLC boosted its stake in shares of CSX by 13.0% in the 3rd quarter. Lido Advisors LLC now owns 113,993 shares of the transportation company’s stock valued at $5,302,000 after purchasing an additional 13,127 shares in the last quarter. Cornerstone Wealth Management LLC increased its position in shares of CSX by 2.0% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 12,301 shares of the transportation company’s stock worth $572,000 after purchasing an additional 246 shares in the last quarter. 71 West Capital Partners increased its position in shares of CSX by 4.2% during the 3rd quarter. 71 West Capital Partners now owns 13,156 shares of the transportation company’s stock worth $612,000 after purchasing an additional 527 shares in the last quarter. Gryphon Financial Partners LLC increased its position in shares of CSX by 1.3% during the 3rd quarter. Gryphon Financial Partners LLC now owns 19,876 shares of the transportation company’s stock worth $924,000 after purchasing an additional 259 shares in the last quarter. Finally, AlphaCore Capital LLC lifted its holdings in CSX by 185.2% during the 3rd quarter. AlphaCore Capital LLC now owns 36,173 shares of the transportation company’s stock valued at $1,682,000 after purchasing an additional 23,489 shares during the last quarter. 73.57% of the stock is owned by institutional investors.

Insider Activity

In other news, Director John Zillmer sold 19,500 shares of the business’s stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $51.24, for a total transaction of $999,180.00. Following the sale, the director directly owned 334,214 shares in the company, valued at approximately $17,125,125.36. The trade was a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.30% of the company’s stock.

CSX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be given a dividend of $0.14 per share. The ex-dividend date is Monday, November 30th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.1%. CSX’s payout ratio is currently 29.02%.

CSX News Summary

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Zacks Research raised its earnings estimates across several periods: FY2026 EPS to $2.06 from $2.00, FY2027 to $2.32 from $2.14, and FY2028 to $2.38 from $2.27. It also lifted multiple quarterly forecasts, including Q2 2027 to $0.57 from $0.50. These upward revisions may support investor optimism about CSX’s earnings outlook.
• Positive Sentiment: A recent report points to productivity improvements lifting CSX’s 2026 outlook, a potential operational tailwind. CSX stock faces execution test as productivity lifts 2026 outlook
• Neutral Sentiment: Wall Street sentiment is described as moderately bullish, with CSX having outperformed the broader market over the past year; this is supportive context but not a new company-specific catalyst. Is Wall Street Bullish or Bearish on CSX Corporation Stock?
• Neutral Sentiment: CSX CFO Kevin Boone is scheduled to speak at the Baird Global Industrial Conference on November 11. Investors may look for additional commentary, but no new operating or financial information was included in the announcement. CSX CFO to Address Baird Global Industrial Conference

CSX Company Profile

CSX Corporation is a transportation company whose primary business is freight railroading through its CSX Transportation subsidiary. The company operates an extensive rail network across the eastern United States, serving major industrial centers, population hubs, ports and distribution markets.

CSX transports a broad range of products, including chemicals, agricultural and food products, forest products, minerals, metals, automotive goods and other manufactured merchandise. Its services also include intermodal transportation, which combines rail service with trucks and containers, as well as the movement of coal and other bulk commodities.

The company traces its roots to the formation of CSX Corporation in 1980 through the merger of Chessie System and Seaboard Coast Line Industries.