|Bid||0.00 x 2900|
|Ask||0.00 x 1200|
|Day's Range||73.80 - 75.14|
|52 Week Range||48.11 - 75.14|
|PE Ratio (TTM)||10.76|
|Earnings Date||Oct 15, 2018 - Oct 19, 2018|
|Forward Dividend & Yield||0.88 (1.19%)|
|1y Target Est||73.41|
Kansas City Southern (KSU) has a forward dividend yield of 1.26% as of August 20. The average forward dividend yield for US Class I railroad companies is 1.43%, indicating that the smallest Class I railroad company has a relatively low yield. Western US major railroad company Union Pacific (UNP) has the highest metric of 1.97% among all Class I railroad companies.
Most major railroad companies (XTN) have raised their quarterly dividends per share in 2018. Lower taxes due to the Tax Cuts and Jobs Act along with relatively low capex levels this year have contributed to the dividend rises. Railroad stocks specifically benefited from the provision of deduction capex for tax calculation purposes in the year it was incurred.
On August 16, Kansas City Southern (KSU), the United States’ smallest Class I railroad company, announced a quarterly cash dividend of $0.36 per share on its outstanding common stock. The company’s quarterly equity cash dividend is payable on October 3 to shareholders on record as of September 10.
Hertz Global (HTZ) expects the appointment of Jamere Jackson as its new chief financial officer to prove conducive to the company.
Does the share price for CSX Corporation (NASDAQ:CSX) reflect it’s really worth? Today, I will calculate the stock’s intrinsic value by projecting its future cash flows and then discounting themRead More...
On August 15, the AAR (Association of American Railroads) published the weekly traffic data for major North American rail carriers. The data pertained to Week 32, which ended on August 11. AAR divides the data into carload traffic and intermodal units, which are expressed in containers and truck trailers.
The Dow Jones Transportation Average, which tracks the performance of companies ranging from railroad operator CSX Corp. (CSX) to airline giant United Continental Holdings Inc. (UAL) hit an intraday record early Tuesday. The Dow transports (DJT) was most recently trading up 0.7%, and hit a record intraday peak at 11,441.93, marking its first such intraday all-time high since Jan. 16, according to FactSet data. All of its components were trading in the green, led by a 1.5% rise in shares of Ryder System Inc. (R) Gains for the transport index come as the Dow Jones Industrial Average (DJIA) also was flirting with breaking out of correction territory, after shedding at least 10% of its value from a recent peak on Feb. 8.
With rail cargo at the Port of Savannah growing faster than any other component of its business, the Georgia Ports Authority (GPA) is adding an “inland port,” connected by rail, just in time.
In this updated daily bar chart of CSX, below, we can see that prices have been trading higher the past twelve months. The daily On-Balance-Volume (OBV) line shows a long rise which is bullish along with the recent new highs of this simple indicator. The Moving Average Convergence Divergence (MACD) oscillator is above the zero line but the two moving averages that make up this indicator have narrowed and could cross to the downside for a take profits sell signal.
CNBC's Jim Cramer explains why the bull market has too much support to lose. The "Mad Money" host also sits down with Sen. Elizabeth Warren to talk about a new bill she has introduced. Cramer also gives his take on the rise of cereal maker Post Holdings.
Previously, we discuss Berkshire Hathaway’s (BRK.B) BNSF (Burlington Northern Santa Fe) Coal segment’s performance. In this part, we’ll discuss the railroad’s operating margin performance in the second quarter.
In the previous part, we discussed Berkshire Hathaway’s (BRK.B) BNSF (Burlington Northern Santa Fe) Industrial Products segment. In this part, we’ll analyze the railroad’s Agricultural Products segment. In the second quarter, the segment’s revenues grew 10% YoY (year-over-year) to $1.1 billion from $1.0 billion. However, the segment’s share in total freight revenues declined 0.4% to 20.1% from 20.5% in the second quarter of 2017.
In the previous part, we analyzed Berkshire Hathaway’s (BRK.B) BNSF (Burlington Northern Santa Fe) revenues. In this part, we’ll discuss the Consumer Products segment. In the second quarter, the Consumer Products segment’s revenues increased $237.0 million or 13.6% to $1.9 billion from $1.7 billion in the second quarter of 2017.
Berkshire Hathaway’s (BRK.B) BNSF (Burlington Northern Santa Fe) railroad operations are reported in four segments—Industrial Products, Consumer Products, Agricultural Products, and Coal. In the second quarter, BNSF’s total revenues were $5.8 billion—up 12% YoY (year-over-year) from $5.2 billion in the second quarter of 2017. Excluding non-rail logistics and accessorial revenues of $324.0 million, BNSF’s total freight revenues were $5.5 billion—up 11.1% YoY from $5.0 billion in the second quarter of 2017.
Berkshire Hathaway’s (BRK.B) privately owned BNSF (Burlington Northern Santa Fe) is the largest Class I railroad in the United States. On August 7, BNSF filed a 10Q with the SEC for the quarter ending on June 30. BNSF operates the largest rail network in North America through its wholly owned subsidiary—BNSF Railway Company.
NEW YORK, Aug. 14, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Williams ...
CSX, Cheesecake Factory, Tapestry, Home Depot, Macy???s, Walmart and J.C. Penney highlighted as Zacks Bull and Bear of the Day
CSX Corporation (CSX) is seeing solid earnings estimate revision activity and is a great company from a Zacks Industry Rank perspective.
CSX Corp's (CSX) efforts to reward shareholders through dividend payments and buybacks are encouraging. Also, the company is benefiting from the Precision Scheduled Railroading system.
Canadian Pacific Railway (CP) reported 5.7% YoY (year-over-year) growth in carload traffic. The railroad hauled ~31,900 railcars excluding intermodal units in Week 30, compared to ~30,200 units in the comparable period of 2017.
Of the 28 analysts covering Union Pacific (UNP) stock, 15 have recommended “buys,” 12 have recommended “holds,” and one has recommended a “sell.” Analysts’ target price of $155.84 is ~4% higher than UNP’s August 7 closing price of $149.88. Its business reorganization could increase its operating costs in the short term, but analysts expect it to expand its operating margin in the long term.
Genesee & Wyoming (GWR), North America’s largest shortline operator, is known for its acquisition appetite in the railroad industry. Over the years, the company has grown as a result of numerous acquisitions. In the last five years, GWR has spent over $2.0 billion on acquisitions.
Union Pacific Corporation (NYSE: UNP) customers sending freight east of the Mississippi have fewer options as the west's main rail line blames changes on the part of its eastern peer CSX Corporation (NYSE: CSX). The service changes stem directly from what UP calls "interline intermodal service changes" on the part of CSX.