Norfolk Southern Corporation (NSC)
| Market Cap | 61.50B |
| Revenue (ttm) | 11.87B |
| Net Income (ttm) | 3.04B |
| Shares Out | 234.87M |
| EPS (ttm) | 12.67 |
| PE Ratio | 20.67 |
| Forward PE | 18.69 |
| Dividend | $4.81 (1.84%) |
| Ex-Dividend Date | Aug 5, 2022 |
| Volume | 856,806 |
| Open | 261.10 |
| Previous Close | 260.21 |
| Day's Range | 260.18 - 261.95 |
| 52-Week Range | 217.00 - 299.20 |
| Beta | 1.32 |
| Analysts | Buy |
| Price Target | 269.55 (+2.9%) |
| Earnings Date | Jul 27, 2022 |
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, scrap paper, beverages, canned goods, and consumer products; chemicals consist of sulfur and re... [Read more...]
Financial Performance
In 2021, NSC's revenue was $11.14 billion, an increase of 13.82% compared to the previous year's $9.79 billion. Earnings were $3.01 billion, an increase of 49.28%.
Financial StatementsAnalyst Forecast
According to 32 analysts, the average rating for NSC stock is "Buy." The 12-month stock price forecast is 269.55, which is an increase of 2.94% from the latest price.
News
Norfolk Southern to present at Deutsche Bank 2022 Transportation Conference
ATLANTA , Aug. 12, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) President and Chief Executive Officer Alan H. Shaw will make a presentation at the Deutsche Bank 2022 Transportation Conf...
Customers at the center of Norfolk Southern sustainability program
2022 ESG report highlights progress delivering low-carbon economy ATLANTA , Aug. 10, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today released its 15th annual Environmental, Social, a...
Overall US Class I rail headcount flat despite efforts to boost hiring
Despite headcount gains over the first six months of 2022 for train and engine employees working for the U.S. operations of the Class I railroads, the six-month average accounting for all categories of ...
Norfolk Southern Declares Quarterly Dividend
ATLANTA , July 29, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced a regular quarterly dividend of $1.24 per share on its common stock. The company has paid a dividend on i...
Children of railroaders benefit from new $1.2 million scholarship fund
Norfolk Southern launches annual program supporting college students ATLANTA , July 28, 2022 /PRNewswire/ -- One hundred children of Norfolk Southern Corporation (NYSE: NSC) employees will receive colle...
Norfolk Southern modifies operations to improve rail service
Tweaking existing operations and layering on the new operating plan for intermodal and bulk movements have been key activities for Norfolk Southern in the second quarter as the railroad seeks to improve...
Norfolk Southern boosts conductor trainees more than 700% to fight off labor shortages
Shares of Norfolk Southern Corp. sank Wednesday, after the railroad operator reported second-quarter revenue that rose above expectations but volume that declined and profit that missed, as fuel and mat...
Norfolk Southern (NSC) Q2 Earnings & Revenues Top, Rise Y/Y
Norfolk Southern (NSC) second-quarter 2022 earnings and revenues increase year over year.
Norfolk Southern (NSC) Q2 Earnings and Revenues Beat Estimates
Norfolk Southern (NSC) delivered earnings and revenue surprises of 0.29% and 3.66%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Norfolk Southern revenue beats expectations but profit comes up shy amid rising costs
Norfolk Southern Corp. NSC, -0.93% reported Wednesday second-quarter profit that came up shy of expectations while revenue beat, as rising costs led to lower margins. The railroad operator's stock was s...
Norfolk Southern reports second quarter 2022 results
ATLANTA , July 27, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced second quarter 2022 financial results which included quarterly records for railway operating revenues, in...
Norfolk Southern to increase conductor trainee pay to $25 an hour and add biweekly $300 incentive
Norfolk Southern Corp. NSC, +0.71% said Thursday it is increasing pay for its conductor trainees to $25 an hour with a minimum fo $200 in earnings per shift. The railroad operator said it's also offerin...
Norfolk Southern increases conductor trainee pay to $25 an hour; adds biweekly $300 incentive
Trainees eligible for starting bonuses of up to $5,000 in priority locations ATLANTA , July 21, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced that it has increased Conduc...
Will Volume Woes Mar Norfolk Southern's (NSC) Q2 Earnings?
High fuel costs are likely to have hit Norfolk Southern's (NSC) bottom-line performance in Q2.
Norfolk Southern (NSC) Reports Next Week: Wall Street Expects Earnings Growth
Norfolk Southern (NSC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Will Norfolk Southern Stock Move Higher Following Q2 Results?
Revenues expected to be aligned with the consensus estimates Trefis estimates Norfolk Southern's Q2 2022 revenues to be around $3.1 billion, reflecting an 11% y-o-y growth and aligning with the consensu...
Railroads Are a Solid Defensive Investment
Investing in the current environment is challenging, and there is really no other way of putting it. There are substantial macroeconomic headwinds that threaten to hit growth and curb investment plans, ...
Why Stifel Analysts Upgraded These Rail Stocks To A Buy: 'It Shouldn't Be As Bad As 2006-2009'
CSX Corporation (NASDAQ: CSX) and Norfolk Southern Corp. (NYSE: NSC) traded higher on Friday after Stifel upgraded the two companies from a Hold rating to a Buy rating. In the recent industry report, Be...
Factors to Decide the Fate of CSX This Earnings Season
Higher revenues are likely to have aided CSX's Q2 performance.
Why Norfolk Southern (NSC) Could Beat Earnings Estimates Again
Norfolk Southern (NSC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Union Pacific, Norfolk Southern stocks drop after JPMorgan downgrades, citing recession risks
Shares of Union Pacific Corp. sank 1.6% and Norfolk Southern Corp. dropped 0.8% in midday trading Tuesday, after JPMorgan analyst Brian Ossenbeck downgraded both railroad operators to neutral from overw...
Norfolk Southern to Announce Q2 2022 Earnings on July 27
ATLANTA , July 5, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its second-quarter financial results during a live conference call and internet webcast at 8:45 a.m. ET on W...
Why Norfolk Southern (NSC) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Norfolk Southern (NSC) have what it takes?
Why Investors Should Buy Norfolk Southern (NSC) Stock Now
Efforts to reward its shareholders through dividends and buybacks bode well for Norfolk Southern (NSC).
Norfolk Southern launches new intermodal operating plan
NS introduces new operating plan for intermodal shipments Norfolk Southern has officially launched its new operating plan aimed at boosting intermodal service. It's called TOP|SPG, standing for “Thoroug...