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Norfolk Southern (NSC) Stock Price, News & Analysis

$221.80
+0.80 (+0.36%)
(As of 01:27 PM ET)
Compare
Today's Range
$220.92
$222.96
50-Day Range
$184.53
$228.08
52-Week Range
$183.09
$261.71
Volume
546,006 shs
Average Volume
1.38 million shs
Market Capitalization
$50.16 billion
P/E Ratio
24.32
Dividend Yield
2.43%
Price Target
$238.80

Norfolk Southern MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
8.0% Upside
$238.80 Price Target
Short Interest
Healthy
1.21% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.97
Upright™ Environmental Score
News Sentiment
0.37mentions of Norfolk Southern in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.24%
From $11.82 to $13.03 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.01 out of 5 stars

Transportation Sector

60th out of 103 stocks

Railroads, Line - Haul Operating Industry

5th out of 7 stocks


NSC stock logo

About Norfolk Southern Stock (NYSE:NSC)

Norfolk Southern Corp is a transportation company headquartered in Atlanta, Georgia, formed in 1982 after the merger of two competing railroads, the Norfolk and Western Railway and the Southern Railway. The company operates a major freight railroad network of over 19,000 miles of track across 22 states in the eastern United States. Norfolk Southern Corp has a fleet of locomotives and railcars that transport various goods, including coal, chemicals and agricultural products.

Norfolk Southern Corp's rich history dates back to the 19th century when the company's predecessor, the South Carolina Canal and Rail Road, was chartered in 1827. Since then, the company has grown significantly. It now operates over 19,000 miles of track across the eastern United States, connecting the major metropolitan areas of the Midwest and the South.

Norfolk Southern Corp's primary business is freight transportation. The coal segment is the largest, accounting for 20% of the company's revenue. Norfolk Southern Corp has been recognized as a leader in the transportation industry, winning numerous awards for its safety and environmental sustainability. 

Norfolk Southern Corp's leadership team comprises experienced executives committed to delivering value to the company's stakeholders. The company's CEO, Alan H. Shaw, was put into the position in May of 2022. Shaw stepped into the CEO role after being the vice president of marketing for over six years. 

Norfolk Southern Corp has consistently delivered strong financial performance over the past few years. The company did, however, report revenue drops during the COVID-19 pandemic. However, the company's net income increased in the same period that its revenue was dropping. Norfolk Southern Corp has a strong balance sheet, with assets of more than $35 billion and liabilities of around $25 billion. 

Norfolk Southern Corp's valuation metrics are generally in line with its peers in the transportation industry. The company has a price-to-earnings ratio and a price-to-book ratio generally in line with industry averages. These metrics suggest that the market views Norfolk Southern Corp as a reasonably valued company.

Norfolk Southern Corp's stock performance has been relatively strong over the past few years, despite volatility caused by issues concerning rail safety and train derailments. The company's stock price has increased over the past five years, outperforming the S&P 500 index during the same period. 

The transportation industry in the United States is highly competitive, with numerous players operating in the market. Norfolk Southern Corp competes with other major railroads, such as CSX Corp and Union Pacific Corp, as well as other modes of transportation, such as trucking and air freight. The industry is subject to various regulatory and political issues, including environmental regulations, labor laws and trade policies.

Norfolk Southern Corp has identified several growth opportunities it plans to pursue in the coming years. One of the company's key growth strategies is to expand its intermodal business, which involves transporting goods in containers that can be moved between different modes of transportation, such as trucks and trains. Norfolk Southern Corp is investing in new technology and equipment to improve the efficiency of its intermodal operations and is expanding its network to serve new markets. The company is also pursuing growth opportunities in the automotive segment, which involves transporting vehicles and parts.

Another growth opportunity for Norfolk Southern Corp is to leverage its existing infrastructure to serve new markets. The company is exploring options to transport new types of goods, such as renewable energy equipment and industrial machinery. Norfolk Southern Corp is also investing in technology to improve its operations' speed and efficiency, enabling it to serve new markets and compete more effectively with other transportation providers.

Despite its strong financial performance and growth prospects, Norfolk Southern Corp faces risks and challenges that could impact its business. One of the biggest challenges is the ongoing competition in the transportation industry. The company faces intense competition from other railroads and different modes of transportation, such as trucking and air freight. This competition could put pressure on Norfolk Southern Corp's pricing and profitability.

Another risk for Norfolk Southern Corp is the potential for regulatory and political changes that could impact the transportation industry. The company is subject to various environmental regulations, labor laws and trade policies, which could change anytime. Changes in these regulations could increase the company's costs or limit its ability to operate in certain markets. In 2023 the company faced significant scrutiny for its ongoing safety record and multiple train derailments. 

Norfolk Southern Corp is also vulnerable to consumer preferences and economic conditions changes. The company's business is closely tied to the economy's overall health, and a downturn could lead to decreased demand for its services. Additionally, changes in consumer preferences could shift demand away from certain goods, such as coal, which could impact the company's revenue.

NSC Stock Price History

NSC Stock News Headlines

All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Norfolk Southern secures Georgia inland port contract
Norfolk Southern upgraded to Buy from Neutral at BofA
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Norfolk Southern 'overcoming service setbacks' - BofA
The Latest Analyst Ratings for Norfolk Southern
Norfolk Southern (NSC) Earnings Dates & Reports
3 Dividend Stocks with Strong Growth Potential in Q4
(NSC) - Analyzing Norfolk Southern's Short Interest
See More Headlines
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Company Calendar

Last Earnings
10/25/2023
Ex-Dividend for 11/30 Dividend
11/02/2023
Dividend Payable
11/30/2023
Today
12/11/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/24/2024

Industry, Sector and Symbol

Industry
Railroads, line - haul operating
Sub-Industry
Railroads
CUSIP
65584410
Employees
19,300
Year Founded
1982

Price Target and Rating

Average Stock Price Target
$238.80
High Stock Price Target
$275.00
Low Stock Price Target
$170.00
Potential Upside/Downside
+8.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
21 Analysts

Profitability

Net Income
$3.27 billion
Pretax Margin
21.97%

Debt

Sales & Book Value

Annual Sales
$12.32 billion
Cash Flow
$18.86 per share
Book Value
$55.00 per share

Miscellaneous

Free Float
225,706,000
Market Cap
$49.98 billion
Optionable
Optionable
Beta
1.31

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Should I Buy Norfolk Southern Stock? NSC Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Norfolk Southern was last updated on Tuesday, November 28, 2023 at 9:23 AM.

Pros

Here are some ways that investors could benefit from investing in Norfolk Southern Co.:

  • The stock price of Norfolk Southern Co. is currently at an attractive level, making it a potential value investment.
  • Norfolk Southern Co. operates in the rail transportation industry, which is essential for the movement of raw materials, intermediate products, and finished goods in the United States. This provides a stable and reliable source of revenue.
  • The company has a diverse customer base, transporting a wide range of products including agriculture, forest, and consumer products, chemicals, metals and construction materials, automotive, and coal. This diversification reduces the risk associated with relying on a single industry.
  • Norfolk Southern Co. operates an intermodal network, allowing for efficient transportation of goods across different modes of transportation, including rail, truck, and ship. This provides flexibility and enhances the company's competitive advantage.
  • The company has a strong presence in the United States, operating approximately 19,100 route miles in 22 states and the District of Columbia. This extensive network enables Norfolk Southern Co. to reach a wide customer base and capture market share.

Cons

Investors should be bearish about investing in Norfolk Southern Co. for these reasons:

  • The rail transportation industry is subject to regulatory and environmental risks. Changes in regulations or environmental policies could impact the operations and profitability of Norfolk Southern Co.
  • The company's financial performance is influenced by macroeconomic factors, such as economic growth, commodity prices, and trade policies. Any downturn in the economy or adverse changes in these factors could negatively affect Norfolk Southern Co.'s business.
  • Competition in the rail transportation industry is intense, with other major players vying for market share. This could lead to pricing pressures and reduced profitability for Norfolk Southern Co.
  • The company's operations are dependent on the condition and maintenance of its rail infrastructure. Any disruptions or failures in the infrastructure could result in service disruptions and increased costs for Norfolk Southern Co.
  • Investors should carefully consider the risks associated with investing in the stock market and conduct thorough research before making any investment decisions.














NSC Stock Analysis - Frequently Asked Questions

Should I buy or sell Norfolk Southern stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Norfolk Southern in the last twelve months. There are currently 7 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NSC shares.
View NSC analyst ratings
or view top-rated stocks.

What is Norfolk Southern's stock price target for 2024?

21 Wall Street analysts have issued 1 year price objectives for Norfolk Southern's shares. Their NSC share price targets range from $170.00 to $275.00. On average, they expect the company's share price to reach $238.80 in the next year. This suggests a possible upside of 8.0% from the stock's current price.
View analysts price targets for NSC
or view top-rated stocks among Wall Street analysts.

How have NSC shares performed in 2023?

Norfolk Southern's stock was trading at $246.42 at the start of the year. Since then, NSC shares have decreased by 10.3% and is now trading at $221.15.
View the best growth stocks for 2023 here
.

When is Norfolk Southern's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024.
View our NSC earnings forecast
.

How were Norfolk Southern's earnings last quarter?

Norfolk Southern Co. (NYSE:NSC) issued its quarterly earnings data on Wednesday, October, 25th. The railroad operator reported $2.65 EPS for the quarter, missing the consensus estimate of $2.74 by $0.09. The railroad operator had revenue of $2.97 billion for the quarter, compared to analyst estimates of $2.94 billion. Norfolk Southern had a net margin of 16.96% and a trailing twelve-month return on equity of 22.26%.
Read the conference call transcript
.

How often does Norfolk Southern pay dividends? What is the dividend yield for Norfolk Southern?

Norfolk Southern declared a quarterly dividend on Tuesday, October 24th. Investors of record on Friday, November 3rd will be paid a dividend of $1.35 per share on Thursday, November 30th. This represents a $5.40 annualized dividend and a dividend yield of 2.44%. The ex-dividend date is Thursday, November 2nd.
Read our dividend analysis for NSC
.

Is Norfolk Southern a good dividend stock?

Norfolk Southern (NYSE:NSC) pays an annual dividend of $5.40 per share and currently has a dividend yield of 2.37%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 59.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NSC will have a dividend payout ratio of 41.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NSC.

How will Norfolk Southern's stock buyback program work?

Norfolk Southern declared that its Board of Directors has initiated a share repurchase program on Tuesday, March 29th 2022, which allows the company to buyback $10,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 14.6% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

What is James A. Squires' approval rating as Norfolk Southern's CEO?

268 employees have rated Norfolk Southern Chief Executive Officer James A. Squires on Glassdoor.com. James A. Squires has an approval rating of 16% among the company's employees. This puts James A. Squires in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Norfolk Southern own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Norfolk Southern investors own include Union Pacific (UNP), Intel (INTC), Johnson & Johnson (JNJ), Verizon Communications (VZ), AT&T (T), Visa (V), Home Depot (HD), JPMorgan Chase & Co. (JPM), Walt Disney (DIS) and Exxon Mobil (XOM).

Who are Norfolk Southern's major shareholders?

Norfolk Southern's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Lazard Asset Management LLC (3.82%), Northern Trust Corp (1.36%), American Century Companies Inc. (1.20%), Morgan Stanley (1.05%), Bank of New York Mellon Corp (0.88%) and Legal & General Group Plc (0.88%). Insiders that own company stock include Alan H Shaw, Alan H Shaw, Ann A Adams, Clyde H Allison Jr, Clyde H Allison, Jr, Coliseum Capital Management, L, James A Squires and Steven F Leer.
View institutional ownership trends
.

How do I buy shares of Norfolk Southern?

Shares of NSC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Norfolk Southern have any subsidiaries?
The following companies are subsidiares of Norfolk Southern: Airforce Pipeline Inc., Alabama Great Southern LLC, Alabama Great Southern Railroad Company The, Alexandria-Southern Properties Inc., Arrowood-Southern Company, Atlantic Investment Company, CNOTP LLC, Camp Lejeune Railroad Company, Carolina and Northwestern Railway Company, Central of Georgia Railroad Company, Charlotte-Southern Hotel Corporation, Chesapeake Western Railway, Cincinnati New Orleans and Texas Pacific Railway Company The, Citico Realty Company, GSFR LLC, General American Insurance Company, Georgia Southern and Florida Railway Company, HPRASR LLC, High Point Randleman Asheboro and Southern Railroad Company, Interstate Railroad Company, Lamberts Point Barge Company Inc., Lambert’s Point Docks Incorporated, Mobile and Birmingham Railroad Company, NS Fiber Optics Inc., NS Spectrum Corporation, NS Transportation Brokerage Corporation, Nickel Plate Improvement Company Inc. The, Norfolk Southern - Mexico LLC, Norfolk Southern International Inc., Norfolk Southern Properties Inc., Norfolk Southern Railway Company, Norfolk and Portsmouth Belt Line Railroad Company, NorfolkSouthernMexicana S. de R.L. de C.V., North Carolina Midland Railroad Company The, Pennsylvania Investment Company Inc., RIC LLC, Rail Investment Company, Reading Company LLC, S-VA Corporation, Sandusky Dock Corporation, South Western Rail Road Company The, Southern Rail Terminals Inc., Southern Rail Terminals of North Carolina Inc., Southern Region Industrial Realty Inc., Southern Region Materials Supply Inc., State University Railroad Company, T-Cubed of North America LLC, TCV Inc., Tennessee Alabama & Georgia Railway Company, Tennessee Railway Company, Thoroughbred Direct Intermodal Services Inc., Thoroughbred Emissions Research LLC, Thoroughbred Funding Inc., Thoroughbred Logistics Services Inc., Thoroughbred Technology and Telecommunications LLC, Transworks Company, Transworks Inc., Transworks of Indiana Inc., Triple Crown Services Company, Virginia Holding Corporation, Virginia and Southwestern Railway Company, Westlake Land Management Inc., Wheelersburg Terminal LLC, Yadkin Railroad Company, and Yadkin Railroad Investment LLC.
Read More
This page (NYSE:NSC) was last updated on 12/11/2023 by MarketBeat.com Staff

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