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CSX is Among the Companies in the Railroads Industry With the Highest Earnings Yield (CSX, NSC, UNP)

Published on Tue, 02/26/2013 - 11:23
By Peter Chu

Below are the three companies in the Railroads industry with the highest earnings yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered undervalued.

CSX (NYSE:CSX) is highest with an earnings yield of 8.1%. CSX Corporation is an international freight transportation company. The Company provides rail, intermodal, domestic container-shipping, barging, and contract logistics services around the world. CSX's rail transportation services are provided principally throughout the eastern United States.

CSX has overhead space with shares priced $21.99, or 12.4% below the average consensus analyst price target of $25.11. The stock should discover initial support at its 200-day moving average (MA) of $21.46 and subsequent support at its 50-day MA of $21.19.

Norfolk Southern (NYSE:NSC) is next with an earnings yield of 7.5%.

Finishing up the top three is Union Pacific (NYSE:UNP), with an earnings yield of 6.2%.

By Peter Chu