Norfolk Southern Corporation (NSC)
Market Cap | 61.06B |
Revenue (ttm) | 12.17B |
Net Income (ttm) | 2.41B |
Shares Out | 226.24M |
EPS (ttm) | 10.66 |
PE Ratio | 25.28 |
Forward PE | 20.59 |
Dividend | $5.40 (2.00%) |
Ex-Dividend Date | Nov 1, 2024 |
Volume | 252,436 |
Open | 272.67 |
Previous Close | 272.75 |
Day's Range | 268.06 - 272.90 |
52-Week Range | 206.71 - 277.60 |
Beta | 1.31 |
Analysts | Buy |
Price Target | 275.68 (+2.15%) |
Earnings Date | Jan 24, 2025 |
About NSC
Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum produ... [Read more]
Financial Performance
In 2023, Norfolk Southern's revenue was $12.16 billion, a decrease of -4.62% compared to the previous year's $12.75 billion. Earnings were $1.82 billion, a decrease of -44.19%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for NSC stock is "Buy." The 12-month stock price forecast is $275.68, which is an increase of 2.15% from the latest price.
News
My Favorite Dividend Stocks For The 'New World Order'
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Norfolk Southern to present at Stephens Annual Investment Conference
ATLANTA , Nov. 18, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Marketing Officer Ed Elkins and Executive Vice President and Chief Financial Officer...
Ancora, Norfolk Southern strike settlement deal to avert proxy fight
Norfolk Southern and activist investor Ancora struck a deal to avert a proxy fight at the railroad.
Norfolk Southern to Add New Independent Director to Board via Cooperation Agreement with Shareholder Ancora
ATLANTA , Nov. 14, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) ("Norfolk Southern" or the "Company") today announced that it has entered into a cooperation agreement with Ancora Hold...
The Trump Dip - Here's What I'm Buying To Improve My Dividend Portfolio
My portfolio gained significantly post-election, driven by industrial and energy stocks, while REITs and tariff-prone companies faced pressure from rising rates and trade uncertainties. I see value in...
Norfolk Southern Names Joe Carpenter Vice President Law
ATLANTA , Nov. 4, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced the appointment of Joseph H. Carpenter IV as Vice President Law.
A $6.8 Trillion Cash Trap? 2 Of My Favorite Dividend Picks For What's Next
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Norfolk Southern's new Customer Advisory Board builds on customer-centric focus
ATLANTA , Oct. 24, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) is uniting a diverse group of industry leaders and stakeholders to form its Customer Advisory Board. The new initiative...
Norfolk Southern's Brosnan Forest Provides Timber for New Academic Building at Clemson University
Project marks first time blockchain technology has been applied to a mass timber project ATLANTA , Oct. 24, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC), today announced it would prov...
Norfolk Southern: Q3, Superb Profitability And Productivity Improvements
Norfolk Southern's Q3 showed significant operational efficiency improvements at the railroad. Productivity gains, including increased car velocities and reduced fuel expenses, have enhanced profitabil...
Norfolk Southern's Q3 Beat Fuels Analyst Optimism Despite Q4 Challenges—Long-Term Growth Potential In Focus
Several analysts revised the price target on Norfolk Southern Corporation NSC following third quarter results.
Watch CNBC's full interview with new Norfolk Southern CEO Mark George
Morgan Brennan sits down with new Norfolk Southern CEO Mark George in an exclusive interview, his first in the role. George discusses sustaining company growth, recovering Hurricane Helene, responding...
Norfolk Southern Corporation (NSC) Q3 2024 Earnings Conference Call Transcript
Norfolk Southern Corporation (NYSE:NSC) Q3 2024 Earnings Conference Call October 22, 2024 8:45 AM ET Company Participants Luke Nichols - Senior Director of IR Mark George - President and CEO John Orr...
Norfolk Southern posts upbeat quarterly results on improving rail service, volumes
U.S. railroad operator Norfolk Southern reported third-quarter profit and revenue above Wall Street estimates on Tuesday, helped by strength in its merchandise and intermodal segments.
Norfolk Southern reports strong third quarter 2024 results
Productivity initiatives drive further margin improvement On track to meet adjusted operating ratio targets for second half and full year 2024 ATLANTA , Oct. 22, 2024 /PRNewswire/ -- Norfolk Southern ...
Norfolk Southern Reaches Tentative Collective Bargaining Agreement with International Brotherhood of Electrical Workers
Tentative agreement comes in advance of the next collective bargaining round, delivering significant future enhancements to pay, health care, and vacation. ATLANTA , Oct. 21, 2024 /PRNewswire/ -- Norf...
Norfolk Southern Declares Quarterly Dividend
ATLANTA , Oct. 18, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced today a quarterly dividend of $1.35 per share on its common stock. The dividend is payable Nov. 20, 2024, to ...
Norfolk Southern donates additional $400K to Red Cross for Hurricane Milton and Helene relief efforts
Total 2024 contributions to Red Cross reach $775K for disaster recovery efforts ATLANTA , Oct. 10, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has contributed an additional $400,000 ...
3 Dividend Giants I'm Holding On To For Dear Life
I considered selling several stocks to consolidate my portfolio, but ultimately decided to keep them. Each investment still aligns with my long-term strategy. While not all of them are particularly ch...
Norfolk Southern to announce third quarter 2024 earnings results on October 22, 2024
ATLANTA , Oct. 1, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its third quarter 2024 financial results during a live conference call and internet webcast at 8:45 a.m. E...
Norfolk Southern donates $100K to Red Cross, activates Employee Disaster Relief Program
Supports multi-state relief effort underway for Hurricane Helene ATLANTA , Sept. 30, 2024 /PRNewswire/ -- Norfolk Southern Corp. (NYSE: NSC) has donated $100,000 to the American Red Cross to support t...
Norfolk Southern Names Brian Barr Vice President and Chief Mechanical Officer
ATLANTA , Sept. 26, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has named Brian Barr as Vice President and Chief Mechanical Officer.
Norfolk Southern's Undeniable Potential: A Turnaround You Don't Want To Miss
I initially considered selling Norfolk Southern Corporation to reduce my portfolio but decided to hold due to its wide moat, promising turnaround potential, and dividend growth. Despite recent struggl...
Norfolk Southern names new members to executive leadership team
Jason A. Zampi appointed Chief Financial Officer and Treasurer Jason M. Morris appointed Chief Legal Officer and Corporate Secretary ATLANTA , Sept.
Norfolk Southern To See Volume Gains Amid Productivity Improvements Despite Management Churn: Analyst
BofA Securities analyst Ken Hoexter reiterated the Buy rating on Norfolk Southern Corporation NSC, with a price objective of $259.