|Bid||50.01 x 200|
|Ask||53.05 x 1600|
|Day's Range||52.38 - 53.01|
|52 Week Range||29.32 - 55.48|
|PE Ratio (TTM)||27.64|
|Earnings Date||Oct 16, 2017|
|Dividend & Yield||0.80 (1.54%)|
|1y Target Est||57.42|
The No. 3 U.S. railroad has halted all automobile shipments to or through its yard in Lordstown, Ohio, where new vehicles are unloaded from trains and trucked to dealerships, to give workers time to clear a backlog of rail cars and relieve congestion, according to a CSX email seen by Reuters. CSX Assistant Vice President Maryclare Kenney apologized to customers in the email dated Sept. 8.
JACKSONVILLE, Fla., Sept. 21, 2017-- CSX rapidly restored service throughout the areas affected by Hurricane Irma and continues to show improvement on key service metrics as the railroad advances its implementation ...
Vernon writes that rail investors are still focused on the potential for upside in earnings, driven by increasing volumes that could portend a recovery. Vernon’s top picks include Union Pacific (UNP), with a $136 price target, given tis strong leverage to highway cost inflation, an industry leading rate of return on marginal capital, and the potential for margin improvement that the Street is overlooking.