Stock events for CSX Corp. (CSX)
Over the past six months, CSX stock has experienced fluctuations and analyst actions. The stock price was $32.91 as of June 27, 2025, showing a 5.01% increase over the past 30 days but a 0.36% decrease over the past 12 months. Key events include disappointing Q1 2025 results, analyst downgrades from Susquehanna, Goldman Sachs, and Loop Capital, and the ratification of labor deals with Locomotive Engineers. The company also faced operational challenges from major hurricanes and the Key Bridge outage. Earnings are expected to decline in Q2 2025 and for the full year, due to the soft coal market and rail network issues.
Demand Seasonality affecting CSX Corp.’s stock price
Demand for CSX's products and services is influenced by seasonal weather conditions and agricultural cycles, with the merchandise business subject to seasonal variations. Heavy fertilizer seasons can contribute to congestion at local yards. The company anticipates rising demand in several merchandise categories and expects gains in soybean traffic due to renewable fuels production.
Overview of CSX Corp.’s business
CSX Corporation is an American holding company focused on rail transportation and real estate in North America, with its main subsidiary being CSX Transportation. It operates within the Industrials sector, providing rail-based freight transportation services, including traditional rail service and intermodal transport. CSX categorizes its products into merchandise, intermodal, and coal, transporting various commodities such as chemicals, agricultural products, automotive products, and coal.
CSX’s Geographic footprint
CSX Transportation operates a rail network of approximately 21,000 route miles across the Eastern United States and parts of Canada, connecting major population centers in 23 states and two Canadian provinces. It has access to over 70 ocean, river, and lake port terminals and its network reaches nearly two-thirds of the U.S. population. In 2022, CSX acquired Pan Am Railways, extending its reach into northern New England.
CSX Corporate Image Assessment
CSX has demonstrated a commitment to sustainability and social responsibility, launching its first hydrogen fuel cell locomotive and helping customers avoid 12.9 million tons of CO2 emissions. The company became the first U.S. Class I railroad to offer paid sick leave to 75% of its union-represented workforce and committed $25 million to support veterans. CSX reported improvements in service metrics, with train velocity and dwell improving by 5% and 7%, respectively. However, recent financial reports, analyst downgrades, and operational challenges could potentially impact its reputation among investors.
Ownership
CSX Corporation has significant institutional ownership, with 2,666 institutional owners and shareholders holding approximately 74.11% of the company. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Christopher Hohn is the largest individual shareholder, owning 0.95% of the company.
Ask Our Expert AI Analyst
Price Chart
$32.63