Norfolk Southern Corporation (NSC)

NYSE: NSC · IEX Real-Time Price · USD
252.12
-2.72 (-1.07%)
Feb 3, 2023, 4:03 PM EST - Market closed
-1.07%
Market Cap 58.37B
Revenue (ttm) 12.75B
Net Income (ttm) 3.27B
Shares Out 231.51M
EPS (ttm) 13.88
PE Ratio 18.16
Forward PE 17.83
Dividend $4.96 (1.97%)
Ex-Dividend Date Nov 3, 2022
Volume 908,737
Open 252.62
Previous Close 254.84
Day's Range 250.93 - 255.32
52-Week Range 203.65 - 291.55
Beta 1.33
Analysts Buy
Price Target 255.94 (+1.52%)
Earnings Date Jan 25, 2023

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]

Industry Railroads
Sector Industrials
CEO James Squires
Employees 18,100
Stock Exchange NYSE
Ticker Symbol NSC
Full Company Profile

Financial Performance

In 2022, NSC's revenue was $12.75 billion, an increase of 14.39% compared to the previous year's $11.14 billion. Earnings were $3.27 billion, an increase of 8.82%.

Financial Statements

Analyst Forecast

According to 34 analysts, the average rating for NSC stock is "Buy." The 12-month stock price forecast is $255.94, which is an increase of 1.52% from the latest price.

Price Target
$255.94
(1.52% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ride These Railroad Stocks for Growth and Income

For railroad stocks, it's the sound of escaping 2022 relatively unscathed. The group's 8% decline paled in comparison to S&P 500's 19% slide.

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1 week ago - MarketBeat

Chevron, Comcast, and 10 More Companies That Raised Their Dividends

It was a busy week for dividend announcements, with the fourth-quarter earnings season in full swing.

1 week ago - Barrons

Norfolk Southern's industrial development investments valued at $3.2B

Norfolk Southern's partnership with 120 companies at the railroad's industrial sites generated about $3.2 billion in investment in 2022. The investments were for 159 projects to expand operations or c...

1 week ago - FreightWaves

Customers invest $3.2B along Norfolk Southern's network in 2022

159 industrial development projects create 3,940 jobs ATLANTA , Jan. 26, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) partnered with 120 companies to facilitate 159 industrial develop...

1 week ago - PRNewsWire

Union Pacific, Norfolk Southern Pull into Buying Zone

At least two (2) of America's Class 1 railroads are pulling back into buying territory, which is good news for investors. These railroads are cash-generating machines that pay healthy dividends and bu...

Other symbols: UNP
1 week ago - MarketBeat

Norfolk Southern (NSC) Reports Q4 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Norfolk Southern (NSC) give a sense of how the business performed in the quarter ended December 2022, it could be worth looking at how some of its key metric...

1 week ago - Zacks Investment Research

Norfolk Southern bracing for economic headwinds

Norfolk Southern sees 2023 as an opportunity to further test its new operational plan amid considerable economic headwinds, according to executives' comments during the railroad's fourth-quarter '22 e...

1 week ago - FreightWaves

Railroads Predict Muted Earnings Growth This Year

Norfolk Southern chief says boosting operating earnings will be difficult in 2023. Union Pacific gave a mixed outlook.

1 week ago - WSJ

Norfolk Southern (NSC) Q4 Earnings & Revenues Top, Rise Y/Y

Norfolk Southern's (NSC) operating revenues of $3,237 million outpace the Zacks Consensus Estimate of $3,177.2 million in fourth-quarter 2022.

1 week ago - Zacks Investment Research

Norfolk Southern (NSC) Hikes Dividend to Gratify Shareholders

Norfolk Southern (NSC) has an impressive record of paying dividends.The company has announced a 9% increase in the quarterly dividend.

1 week ago - Zacks Investment Research

Norfolk Southern (NSC) Tops Q4 Earnings and Revenue Estimates

Norfolk Southern (NSC) delivered earnings and revenue surprises of 0.29% and 1.88%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Norfolk Southern profit comes up shy of forecasts, while dividend hike boosts yield above 2%

Norfolk Southern Corp. NSC reported Wednesday fourth-quarter profit that came up shy of forecasts, as railway expenses rose more than revenue, which topped forecasts. The railroad operator's stock was...

1 week ago - Market Watch

Norfolk Southern reports Q4 and full-year 2022 results

Company reports record railway operating revenue, income from railway operations ATLANTA , Jan. 25, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced fourth quarter and ful...

1 week ago - PRNewsWire

Norfolk Southern Declares Quarterly Dividend

ATLANTA , Jan. 24, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced that its Board of Directors approved a 9% increase on its quarterly dividend on the company's common st...

1 week ago - PRNewsWire

Norfolk Southern Stock Looks Reasonably Priced As It Nears Q4

Although the company should continue to benefit from a shift toward lower-cost transportation alternatives, higher costs will likely weigh on its overall performance.

1 week ago - Forbes

These 2 Transportation Stocks Could Beat Earnings: Why They Should Be on Your Radar

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

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1 week ago - Zacks Investment Research

4 Transportation Stocks Likely to Surpass Q4 Earnings Estimates

Transportation companies like JetBlue (JBLU), Norfolk Southern (NSC), Old Dominion Freight Line (ODFL) and American Airlines (AAL) are expected to beat fourth-quarter earnings estimates.

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1 week ago - Zacks Investment Research

Is a Beat in Store for Norfolk Southern (NSC) in Q4 Earnings?

Norfolk Southern's (NSC) fourth-quarter 2022 revenues are likely to have benefited from solid segmental performances. High fuel costs and supply-chain challenges are likely to have weighed on the bott...

2 weeks ago - Zacks Investment Research

Norfolk Southern (NSC) Reports Next Week: Wall Street Expects Earnings Growth

Norfolk Southern (NSC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

Rail earnings on deck: What to expect

Rail sector earnings season kicks off this month with companies likely to cite the impact of the extreme cold that hit much of the U.S. at the end of 2022.

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2 weeks ago - Market Watch

Collaboration must be key for railroads to thrive, experts say

WASHINGTON — The near-term future of freight rail might be one marked by collaboration, whether that's through private or public partnerships among other supply chain stakeholders or between the railr...

Other symbols: CNICPCSXUNP
3 weeks ago - FreightWaves

4 Class I railroads seek stay of federal order for rate disputes

Four Class I railroads want the Surface Transportation Board to pause the implementation of an arbitration program to resolve rail rate disputes involving smaller financial amounts. CSX (NASDAQ: CSX),...

Other symbols: CNICSXUNP
1 month ago - FreightWaves

Why Norfolk Southern (NSC) is Poised to 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.

1 month ago - Zacks Investment Research

Norfolk Southern to announce Q4 2022 earnings results on January 25

ATLANTA , Jan. 4, 2023 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its fourth quarter financial results during a live conference call and internet webcast at 8:45 a.m. ET on...

1 month ago - PRNewsWire

Want Better Returns? Don't Ignore These 2 Transportation Stocks Set to Beat Earnings

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

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1 month ago - Zacks Investment Research