Norfolk Southern Corporation (NSC)

NYSE: NSC · IEX Real-Time Price · USD
242.53
+2.26 (0.94%)
Apr 19, 2024, 1:49 PM EDT - Market open
0.94%
Market Cap 54.78B
Revenue (ttm) 12.16B
Net Income (ttm) 1.83B
Shares Out 225.89M
EPS (ttm) 8.02
PE Ratio 30.25
Forward PE 20.08
Dividend $5.40 (2.23%)
Ex-Dividend Date Feb 1, 2024
Volume 294,596
Open 242.57
Previous Close 240.27
Day's Range 241.46 - 244.00
52-Week Range 183.09 - 263.66
Beta 1.29
Analysts Buy
Price Target 259.30 (+6.92%)
Earnings Date Apr 24, 2024

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]

Industry Railroads
Sector Industrials
CEO Alan H. Shaw
Employees 20,700
Stock Exchange NYSE
Ticker Symbol NSC
Full Company Profile

Financial Performance

In 2023, NSC's revenue was $12.16 billion, a decrease of -4.62% compared to the previous year's $12.75 billion. Earnings were $1.83 billion, a decrease of -44.13%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for NSC stock is "Buy." The 12-month stock price forecast is $259.3, which is an increase of 6.92% from the latest price.

Price Target
$259.3
(6.92% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Norfolk Southern fires back at activist Ancora as proxy fight intensifies

Norfolk Southern Corp. has fired back at activist investor Ancora Holdings Group amid the intensifying proxy fight over the railroad operator.

4 hours ago - Market Watch

Norfolk Southern corrects Ancora's false and misleading statements

Urges shareholders to vote "FOR" ONLY Norfolk Southern's 13 highly qualified nominees on the WHITE proxy card today ATLANTA , April 19, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) fi...

5 hours ago - PRNewsWire

Activist Investor Ancora on its case for a new CEO, board at Norfolk Southern

Morgan Brennan sits down with James Chadwick, Ancora Alternatives president, and Jim Barber, former UPS COO--Ancora's pick to become Norfolk Southern's next CEO--to talk the proxy fight, the aftermath...

20 hours ago - CNBC Television

Norfolk Southern presentation: We are creating a safer, more profitable railroad with long-term upside for shareholders

Outlines clear path to close the margin gap with peers by achieving a sub-60% operating ratio in 3-4 years Urges shareholders to vote "FOR" ONLY Norfolk Southern's 13 highly qualified nominees on the ...

21 hours ago - PRNewsWire

Ancora Releases Presentation Containing its Slate's Plan for Implementing and Running a PSR-Powered Scheduled Network at Norfolk Southern

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“No...

4 days ago - Business Wire

Ancora's Proposed Management Team and Director Candidates to Participate in Fireside Chat with Deutsche Bank on the Value Creation Opportunity at Norfolk Southern

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“No...

7 days ago - Business Wire

NORFOLK SOUTHERN CORPORATION (NSC) SHAREHOLDER ALERT UPDATE: Company to Pay $600 Million Class Action Settlement for 2023 East Palestine Train Derailment - Current Shareholders Urged to Contact Schubert Jonckheer & Kolbe LLP Regarding Potential Claims Against Company's Officers and Directors

SAN FRANCISCO , April 11, 2024 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential claims on behalf of shareholders of Norfolk Southern Corporation (NYSE: NSC) relating to the Fe...

8 days ago - PRNewsWire

Norfolk Southern highlights the strength of its highly qualified and engaged board

Urges shareholders to vote "FOR" ONLY Norfolk Southern's 13 highly qualified nominees on the WHITE proxy card today Believes Ancora's nominees lack critical expertise and their appointment would be de...

8 days ago - PRNewsWire

Norfolk Southern's revenue will take a Baltimore bridge hit. This is what it means for CSX.

The shockwaves from the collapse of the Francis Scott Key Bridge in Baltimore continue to reverberate through the rail industry.

Other symbols: CSX
9 days ago - Market Watch

Norfolk Southern to pay $600M in Ohio derailment settlement

Norfolk Southern (NSC) announced on Tuesday that the company will pay $600 million to settle the East Palestine, Ohio train derailment lawsuit. The judge presiding over the case must give final approv...

9 days ago - Yahoo Finance

Norfolk Southern Reaches $600 Million Settlement Over 2023 Derailment

Shares of Norfolk Southern (NSC) moved higher in intraday trading Tuesday after the railway company announced a $600 million settlement that could resolve class-action litigation over the Feb. 2023 tr...

10 days ago - Investopedia

Norfolk Southern paying $600M to settle Ohio train derailment lawsuit

The train caught fire and released more than a million gallons of hazardous materials and pollutants, sparking concerns abut US rail safety.

10 days ago - New York Post

Norfolk Southern Agrees to $600 Million Ohio Derailment Settlement

If approved by the court, the agreement will resolve all class-action claims within a 20-mile radius from the East Palestine derailment in February 2023.

10 days ago - WSJ

Norfolk Southern agrees to pay $600m for Ohio toxic train derailment

Company says settlement will resolve all class action claims within 20-mile radius from February 2023 derailment

10 days ago - The Guardian

Norfolk Southern Settles East Palestine Derailment Lawsuit For $600 Million

Norfolk Southern will pay $600 million to settle a class-action lawsuit related to last year's train derailment in East Palestine, Ohio, the company announced Tuesday, following complaints from reside...

10 days ago - Forbes

Norfolk Southern to Pay $600 Million Settlement for Train Derailment

In February 2023, a Norfolk Southern train derailed in East Palestine, Ohio, that released vinyl chloride into the environment.

10 days ago - Barrons

Norfolk Southern reaches agreement in principle to settle East Palestine class action

Norfolk Southern Corp. NSC, +0.09% has reached an agreement in principle to settle a class action lawsuit brought after last year's derailment of one of the company's trains in East Palestine, Ohio. I...

10 days ago - Market Watch

Norfolk Southern reports preliminary first quarter 2024 results

Reaffirms full-year 2024 adjusted operating ratio guidance improvement, including 400+ basis points improvement in the second half Provides progress update on actions to close margin gap with peers Re...

10 days ago - PRNewsWire

Norfolk Southern to participate in fireside chat with Wolfe Research

President and CEO Alan Shaw and COO John Orr to discuss the company's strategic progress and path to close the margin gap with peers ATLANTA , April 8, 2024 /PRNewswire/ -- Norfolk Southern Corporatio...

10 days ago - PRNewsWire

Norfolk Southern activist investor highlights past abusive behavior of new COO as proxy fight intensifies

Ancora's two-month fight with Norfolk Southern took another turn on Friday, when the firm publicized allegations of past misconduct on behalf of the new COO.

13 days ago - CNBC

Norfolk Southern to announce first quarter 2024 earnings results on April 24, 2024

ATLANTA , April 5, 2024  /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its first quarter 2024 financial results during a live conference call and internet webcast at 8:45 a.m....

13 days ago - PRNewsWire

Ancora Issues Letter to Fellow Shareholders Regarding Norfolk Southern's Failures of Diligence and Poor Judgment in Appointing John Orr as COO

CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“No...

14 days ago - Business Wire

Norfolk Southern announces new initiatives to drive further productivity and accountability

Executive compensation plan adjustments address shareholder feedback and hold management accountable to deliver on key objectives ATLANTA , April 4, 2024 /PRNewswire/ -- Norfolk Southern Corporation (...

14 days ago - PRNewsWire

This railroad operator is most impacted by the Baltimore bridge collapse

As experts weigh the impact of the Francis Scott Key Bridge collapse in Baltimore, CSX Corp. is the most affected among major North American railroad operators, according to analysts.

Other symbols: CSX
17 days ago - Market Watch

Norfolk Southern calls on shareholders to reject activist investor's takeover bid

Norfolk Southern Corp. has urged shareholders to get behind the company's management team to fight an activist investor's takeover bid and its calls for the ouster of the railroad operator's CEO, Alan...

17 days ago - Market Watch