CSX Stock Soars 5.11% on Dividend Hike, Buy Rating

On July 17, 2025, CSX's stock price surged by 5.11% in pre-market trading, indicating a strong bullish sentiment among investors.

CSX Corporation recently declared a quarterly dividend of $0.13 per share, payable to shareholders. This move is seen as a positive signal for investors, as it demonstrates the company's commitment to returning value to its shareholders.

Benchmark has adjusted its price target for CSX from $35 to $37, while maintaining a buy rating. This adjustment reflects the analysts' confidence in the company's future performance and growth prospects.

There has been speculation among investors about potential acquisition rumors surrounding CSX. While the company has not officially confirmed any such plans, the market's reaction suggests that investors are optimistic about the potential benefits of an acquisition.