CSX Corporation (CSX)

Over the past six months, CSX's stock price has experienced some fluctuations. As of July 18, 2025, the share price was $34.39, a slight decline from July 22, 2024, but it has risen by 6.67% over the past 30 days. Recent analyst actions include upgrades from TD Cowen and Bank of America Securities, and downgrades from Susquehanna, Goldman Sachs and Loop Capital. CSX declared a quarterly dividend of $0.13, payable on September 15, 2025. The company is scheduled to report its Q2 2025 results on July 23, 2025. There have been reports of Union Pacific exploring a potential acquisition of Norfolk Southern, which could significantly impact the U.S. freight rail sector. CSX launched the Southeast Mexico Express route with Canadian Pacific Kansas City on December 1, 2024. In May 2025, CSX signed an agreement with the Brotherhood of Locomotive Engineers and Trainmen, and in March 2025, it signed an agreement with the Brotherhood of Railroad Signalmen. In April 2025, CSX announced the addition of 18 rail-served properties to its Select Site program.

CSX's demand exhibits seasonality, influenced by its merchandise, intermodal, and coal lines of business. In the first quarter of 2025, CSX experienced a seasonal pick-up in aggregates and strong end-market demand in some agricultural markets. Despite setbacks due to weather and infrastructure projects, performance improved in April with increased volumes in unit coal trains, metals, and fertilizers. The company anticipates sequential growth from Q1 to Q2 2025 and overall growth for 2025, supported by strong demand and infrastructure projects. CSX is also seeing numerous industrial projects slated to start on its network in 2025, which are expected to support volume growth.

CSX Corporation is an American holding company focused on rail transportation and real estate in North America, operating in the Transportation sector, specifically the Railroads industry. Its core business involves rail-based freight transportation services, including traditional rail service and the transport of intermodal containers and trailers. The company moves a diverse portfolio of products and provides other transportation solutions like rail-to-truck transfers and bulk commodity operations. Its subsidiary, CSX Transportation, Inc., is involved in real estate activities.

CSX Transportation operates a rail network of approximately 20,000 to 21,000 route miles, serving 26 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec. The network connects major metropolitan areas in the eastern United States and provides access to over 70 ocean, river, and lake port terminals. CSX also has access to Pacific ports through alliances with western railroads.

CSX has received recognition for its business practices, sustainability efforts, and commitment to excellence. It was named to Fortune Magazine's "World's Most Admired Companies" list in 2022 and recognized on the 2021 Forbes Green Growth 50 list. CSX has received the Dow Jones Sustainability Index (DJSI) for eleven consecutive years and an "A" rating from CDP for nine consecutive years. In June 2025, CSX launched "Chessie for ShipCSX," an AI-driven assistant to enhance customer service.

CSX Corporation has a mixed ownership structure, including institutional, retail, and individual investors. As of July 18, 2025, there are 2,677 institutional owners and shareholders holding a total of 1,649,541,174 shares. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Christopher Hohn is the largest individual CSX shareholder, owning 17.80 million shares.