CSX (NASDAQ:CSX) Given New $48.00 Price Target at Benchmark

23 Apr 2026, 11:18 by Renee Jackson · The Cerbat Gem

CSX (NASDAQ:CSX – Get Free Report) had its price objective raised by Benchmark from $46.00 to $48.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the transportation company’s stock. Benchmark’s price objective would indicate a potential upside of 4.33% from the company’s previous close.

CSX has been the subject of a number of other reports. New Street Research set a $49.00 price objective on CSX in a research note on Thursday. Raymond James Financial increased their price target on CSX from $45.00 to $49.00 and gave the company an “outperform” rating in a research note on Thursday. BMO Capital Markets increased their price target on CSX from $40.00 to $45.00 and gave the company a “market perform” rating in a research note on Thursday. Weiss Ratings reiterated a “hold (c+)” rating on shares of CSX in a research note on Monday, December 29th. Finally, TD Cowen increased their price target on CSX from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Thursday. Sixteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $45.02.

View Our Latest Research Report on CSX

CSX Stock Up 6.6%

Shares of NASDAQ CSX traded up $2.83 during mid-day trading on Thursday, reaching $46.01. 8,490,344 shares of the company were exchanged, compared to its average volume of 13,458,998. 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 stock has a market cap of $85.61 billion, a price-to-earnings ratio of 29.88, a P/E/G ratio of 2.42 and a beta of 1.25. CSX has a 1 year low of $27.18 and a 1 year high of $46.09. The firm has a 50-day moving average of $41.23 and a 200 day moving average of $38.02.

CSX (NASDAQ:CSX – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The transportation company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.04. The firm had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.50 billion. CSX had a return on equity of 23.88% and a net margin of 20.50%.The firm’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.34 EPS. On average, research analysts expect that CSX will post 1.84 earnings per share for the current year.

Insider Buying and Selling at CSX

In other news, EVP Stephen Fortune sold 31,456 shares of the 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 directly owned 82,034 shares of the company’s stock, valued at approximately $3,170,614.10. This represents a 27.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Diana B. Sorfleet sold 90,000 shares of the stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $41.56, for a total value of $3,740,400.00. Following the completion of the transaction, the chief accounting officer directly owned 165,613 shares in the company, valued at $6,882,876.28. This represents a 35.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 188,123 shares of company stock worth $7,454,854. 0.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Syon Capital LLC increased its holdings in shares of CSX by 1.0% in the fourth quarter. Syon Capital LLC now owns 28,316 shares of the transportation company’s stock valued at $1,026,000 after purchasing an additional 287 shares during the period. Root Financial Partners LLC increased its holdings in shares of CSX by 7.3% in the fourth quarter. Root Financial Partners LLC now owns 4,757 shares of the transportation company’s stock valued at $172,000 after purchasing an additional 323 shares during the period. Kingswood Wealth Advisors LLC increased its holdings in shares of CSX by 4.1% in the third quarter. Kingswood Wealth Advisors LLC now owns 8,324 shares of the transportation company’s stock valued at $296,000 after purchasing an additional 331 shares during the period. Moloney Securities Asset Management LLC increased its holdings in shares of CSX by 2.7% in the third quarter. Moloney Securities Asset Management LLC now owns 13,048 shares of the transportation company’s stock valued at $463,000 after purchasing an additional 339 shares during the period. Finally, Walled Lake Planning & Wealth Management LLC increased its holdings in shares of CSX by 2.7% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 13,235 shares of the transportation company’s stock valued at $480,000 after purchasing an additional 346 shares during the period. 73.57% of the stock is owned by institutional investors and hedge funds.

CSX News Summary

Here are the key news stories impacting CSX this week:

Positive Sentiment: Q1 results beat on the bottom line — GAAP EPS $0.43 vs. $0.39 expected; operating income and net income rose ~20–25% year over year, driven by cost cuts and efficiency gains. GlobeNewswire: Q1 Results
Positive Sentiment: Management signaled stronger cash generation and raised the outlook — CSX is forecasting material free‑cash‑flow growth (management cited >60% FCF growth for 2026) and noted more shippers are using rail to avoid rising fuel costs. Seeking Alpha: FCF Guidance
Positive Sentiment: Analysts raised price targets and ratings after the print — Bank of America to $49 (buy), BMO to $45 (market perform), TD Cowen to $45 (buy), providing near-term support/upside to the stock. Benzinga: Analyst Actions TickerReport: TD Cowen
Neutral Sentiment: Market commentary is mixed — some analysts highlight a multi‑year earnings expansion opportunity while others warn of near‑term price risk despite strong margins. Seeking Alpha: Mixed Analysis Seeking Alpha: Longer-Term Thesis
Negative Sentiment: Revenue slightly missed estimates — Q1 revenue $3.48B vs. ~$3.50B expected, which tempers the EPS beat and raises questions about top‑line momentum. Yahoo Finance: Q1 Results
Negative Sentiment: Insider activity is mixed — CEO purchased shares but several other executives sold material stakes recently, which can be perceived as a cautionary signal by some investors. QuiverQuant: Insider Trades
Negative Sentiment: Valuation/price risk — coverage notes the stock is trading near 52‑week highs, which increases vulnerability to profit‑taking and makes any revenue softness more consequential. Investing.com: Price Risk

About CSX

(Get Free Report)

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.