Norfolk Southern Corporation (NSC)

NYSE: NSC · IEX Real-Time Price · USD
240.83
+4.61 (1.95%)
Apr 25, 2024, 4:00 PM EDT - Market closed
1.95%
Market Cap 54.40B
Revenue (ttm) 12.03B
Net Income (ttm) 1.41B
Shares Out 225.89M
EPS (ttm) 6.21
PE Ratio 38.78
Forward PE 19.94
Dividend $5.40 (2.24%)
Ex-Dividend Date May 2, 2024
Volume 1,660,671
Open 237.00
Previous Close 236.22
Day's Range 233.04 - 242.38
52-Week Range 183.09 - 263.66
Beta 1.29
Analysts Buy
Price Target 258.90 (+7.5%)
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 $258.9, which is an increase of 7.50% from the latest price.

Price Target
$258.9
(7.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Norfolk Southern COO to participate in operations-focused UBS fireside chat

ATLANTA , April 25, 2024  /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Operating Officer John Orr will participate in a fireside chat with Tom Wadewitz o...

22 hours ago - PRNewsWire

Ancora Receives Support from the Brotherhood of Maintenance of Way Employees Division of the International Brotherhood of Teamsters For A Change in Leadership 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...

22 hours ago - Business Wire

The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters Determines that a Change in Leadership is Needed At Norfolk Southern

NOVI, Mich.--(BUSINESS WIRE)--The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters (“BMWED-IBT”) today announced that it has determined a change in lea...

22 hours ago - Business Wire

Teamsters union endorses activist Ancora in Norfolk Southern proxy fight

The activist at Norfolk Southern won support of the Teamsters union, a key endorsement as Ancora seeks to convince shareholders their plan is the right option.

23 hours ago - CNBC

Norfolk Southern says Baltimore bridge collapse's cost is more than $25 million per month

Norfolk Southern Corp. is seeing some pressure in its coal business following the collapse of the Francis Scott Key Bridge in Baltimore last month, the railroad operator said Wednesday.

1 day ago - Market Watch

Norfolk Southern confirms first quarter 2024 results in-line with preliminary release

ATLANTA , April 24, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) confirmed Wednesday morning that its first quarter 2024 financial results were in-line with preliminary results previo...

2 days ago - PRNewsWire

Norfolk Southern Declares Quarterly Dividend

ATLANTA , April 23, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Tuesday a quarterly dividend of $1.35 per share on its common stock. The dividend is payable May 20, 2024, t...

2 days ago - PRNewsWire

Activist investor Ancora ramps up pressure in Norfolk Southern takeover battle

Activist investor Ancora Holdings Group has again urged Norfolk Southern Corp. shareholders to support its takeover bid for the railroad operator.

3 days ago - Market Watch

Ancora Sends Important Letter to Fellow Shareholders About Our Collective Opportunity to Transform and Turn Around 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...

3 days ago - Business Wire

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.

6 days 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...

7 days 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...

7 days 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 ...

7 days 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...

11 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...

14 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...

14 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...

15 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
15 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...

16 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...

16 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.

16 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.

16 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

16 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...

16 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.

16 days ago - Barrons