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Best Railroad Stocks to Buy Now (2024)
Top railroad stocks in 2024 ranked by overall Zen Score. See the best railroad stocks to buy now, according to analyst forecasts for the railroads industry.

Industry: Railroads
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
WAB
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
NYSE
Railroads
$25.15B$142.07-0.01%$1.78B31.29x0.81
CNI
CANADIAN NATIONAL RAILWAY CO
NYSE
Railroads
$83.48B$129.66-0.50%$6.74B20.32x1.62
CSX
CSX CORP
NASDAQ
Railroads
$75.19B$38.380.39%$7.31B20.75x2.50
UNP
UNION PACIFIC CORP
NYSE
Railroads
$154.56B$253.470.19%$11.89B24.21x3.54
CP
CANADIAN PACIFIC KANSAS CITY LTD
NYSE
Railroads
$80.41B$86.24-0.05%-$544.44M27.59x0.90
NSC
NORFOLK SOUTHERN CORP
NYSE
Railroads
$58.54B$259.170.65%$4.34B32.24x2.26
GBX
GREENBRIER COMPANIES INC
NYSE
Railroads
$1.60B$51.41-2.19%$344.90M14.86x2.03
TRN
TRINITY INDUSTRIES INC
NYSE
Railroads
$2.02B$24.67-1.48%$673.70M18.83x7.36
KIQ
KELSO TECHNOLOGIES INC
NYSEMKT
Railroads
$8.15M$0.152.74%-$1.16M-5.00x0.13
FSTR
FOSTER L B CO
NASDAQ
Railroads
$268.71M$24.262.02%$16.22M-6.19x1.36
RAIL
FREIGHTCAR AMERICA INC
NASDAQ
Railroads
$52.64M$2.94-2.00%-$809.00k-2.23x-4.30
RVSN
RAIL VISION LTD
NASDAQ
Railroads
$6.54M$2.18-4.80%-$11.21M-0.45x0.49

Railroad Stocks FAQ

What are the best railroad stocks to buy right now in Mar 2024?

According to Zen Score, the 3 best railroad stocks to buy right now are:

1. Westinghouse Air Brake Technologies (NYSE:WAB)


Westinghouse Air Brake Technologies (NYSE:WAB) is the top railroad stock with a Zen Score of 52, which is 20 points higher than the railroad industry average of 32. It passed 19 out of 38 due diligence checks and has strong fundamentals. Westinghouse Air Brake Technologies has seen its stock return 32.8% over the past year, overperforming other railroad stocks by 14 percentage points.

Westinghouse Air Brake Technologies has an average 1 year price target of $149.00, an upside of 4.88% from Westinghouse Air Brake Technologies's current stock price of $142.07.

Westinghouse Air Brake Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Westinghouse Air Brake Technologies, 87.5% have issued a Strong Buy rating, 0% have issued a Buy, 12.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Canadian National Railway Co (NYSE:CNI)


Canadian National Railway Co (NYSE:CNI) is the second best railroad stock with a Zen Score of 42, which is 10 points higher than the railroad industry average of 32. It passed 15 out of 38 due diligence checks and has strong fundamentals. Canadian National Railway Co has seen its stock return 9.85% over the past year, underperforming other railroad stocks by -9 percentage points.

Canadian National Railway Co has an average 1 year price target of $134.50, an upside of 3.73% from Canadian National Railway Co's current stock price of $129.66.

Canadian National Railway Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 12 analysts covering Canadian National Railway Co, 0% have issued a Strong Buy rating, 8.33% have issued a Buy, 91.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Csx (NASDAQ:CSX)


Csx (NASDAQ:CSX) is the third best railroad stock with a Zen Score of 41, which is 9 points higher than the railroad industry average of 32. It passed 15 out of 38 due diligence checks and has strong fundamentals. Csx has seen its stock return 25.67% over the past year, overperforming other railroad stocks by 7 percentage points.

Csx has an average 1 year price target of $37.00, a downside of -3.6% from Csx's current stock price of $38.38.

Csx stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Csx, 55.56% have issued a Strong Buy rating, 22.22% have issued a Buy, 22.22% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the railroad stocks with highest dividends?

Out of 8 railroad stocks that have issued dividends in the past year, the 3 railroad stocks with the highest dividend yields are:

1. Trinity Industries (NYSE:TRN)


Trinity Industries (NYSE:TRN) has an annual dividend yield of 4.3%, which is 2 percentage points higher than the railroad industry average of 1.85%. Trinity Industries's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Trinity Industries's dividend has shown consistent growth over the last 10 years.

Trinity Industries's dividend payout ratio of 80.9% indicates that its dividend yield is sustainable for the long-term.

2. Greenbrier Companies (NYSE:GBX)


Greenbrier Companies (NYSE:GBX) has an annual dividend yield of 2.28%, which is the same as the railroad industry average of 1.85%. Greenbrier Companies's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Greenbrier Companies's dividend has shown consistent growth over the last 10 years.

Greenbrier Companies's dividend payout ratio of 32.9% indicates that its dividend yield is sustainable for the long-term.

3. Norfolk Southern (NYSE:NSC)


Norfolk Southern (NYSE:NSC) has an annual dividend yield of 2.08%, which is the same as the railroad industry average of 1.85%. Norfolk Southern's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Norfolk Southern's dividend has shown consistent growth over the last 10 years.

Norfolk Southern's dividend payout ratio of 67.2% indicates that its dividend yield is sustainable for the long-term.

Why are railroad stocks up?

Railroad stocks were up 0.04% in the last day, and up 0.97% over the last week.

We couldn't find a catalyst for why railroad stocks are up.

What are the most undervalued railroad stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued railroad stocks right now are:

1. Trinity Industries (NYSE:TRN)


Trinity Industries (NYSE:TRN) is the most undervalued railroad stock based on WallStreetZen's Valuation Score. Trinity Industries has a valuation score of 43, which is 15 points higher than the railroad industry average of 28. It passed 3 out of 7 valuation due diligence checks.

Trinity Industries's stock has dropped -9.3% in the past year. It has underperformed other stocks in the railroad industry by -28 percentage points.

2. Greenbrier Companies (NYSE:GBX)


Greenbrier Companies (NYSE:GBX) is the second most undervalued railroad stock based on WallStreetZen's Valuation Score. Greenbrier Companies has a valuation score of 43, which is 15 points higher than the railroad industry average of 28. It passed 3 out of 7 valuation due diligence checks.

Greenbrier Companies's stock has gained 58.62% in the past year. It has overperformed other stocks in the railroad industry by 40 percentage points.

3. Norfolk Southern (NYSE:NSC)


Norfolk Southern (NYSE:NSC) is the third most undervalued railroad stock based on WallStreetZen's Valuation Score. Norfolk Southern has a valuation score of 43, which is 15 points higher than the railroad industry average of 28. It passed 3 out of 7 valuation due diligence checks.

Norfolk Southern's stock has gained 16.52% in the past year. It has underperformed other stocks in the railroad industry by -2 percentage points.

Are railroad stocks a good buy now?

50% of railroad stocks rated by analysts are a buy right now. On average, analysts expect railroad stocks to rise by 0% over the next year.

What is the average p/e ratio of the railroads industry?

The average P/E ratio of the railroads industry is 24.83x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.