CSX Corporation (NASDAQ: CSX) changed 1.72% to recent value of $78.58. The stock transacted 3412111 shares during most recent day however it has an average volume of 3822.79K shares. It spotted trading -2.66% off 52-week high price. On the other end, the stock has been noted 34.39% away from the low price over the last 52-weeks.
The Board of Directors of CSX Corporation (NASDAQ: CSX) approved a $0.24 per share quarterly dividend on the company’s common stock. The dividend is payable on September 13, 2019, to shareholders of record at the close of business on August 30, 2019.
About CSX and its Disclosures
CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 230 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike.
CSX has a gross margin of 75.90% and an operating margin of 40.70% while its profit margin remained 27.80% for the last 12 months. Its earnings per share (EPS) expected to touch remained 78.80% for this year while earning per share for the next 5-years is expected to reach at 11.29%.
The company has 814M of outstanding shares and 807.74M shares were floated in the market. According to the most recent quarter its current ratio was 1.8 that represents company’s ability to meet its current financial obligations. The price moved ahead of 1.41% from the mean of 20 days, 1.44% from mean of 50 days SMA and performed 8.80% from mean of 200 days price. Company’s performance for the week was 0.23%, 0.45% for month and YTD performance remained 26.48%.
Sam Leventhal is a self-taught investor and follows the value investing approach to picking stocks. He possesses over 10 years of investment experience, an M.B.A. from Louisiana State University, and is also certified in Risk Management Assurance. Sam is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas. He has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Dividend News category for our site.
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