S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
NYSE:NSC

Norfolk Southern (NSC) Stock Price, News & Analysis

$239.34
-3.57 (-1.47%)
(As of 04/17/2024 ET)
Today's Range
$239.08
$243.28
50-Day Range
$239.34
$263.13
52-Week Range
$183.09
$263.66
Volume
1.01 million shs
Average Volume
962,856 shs
Market Capitalization
$58.93 billion
P/E Ratio
29.84
Dividend Yield
2.26%
Price Target
$262.33

Norfolk Southern MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.61 Rating Score
Upside/​Downside
9.6% Upside
$262.33 Price Target
Short Interest
Healthy
0.74% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.97
Upright™ Environmental Score
News Sentiment
0.44mentions of Norfolk Southern in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.36%
From $11.98 to $13.58 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.12 out of 5 stars

Transportation Sector

28th out of 109 stocks

Railroads, Line-Haul Operating Industry

2nd out of 2 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

Norfolk Southern (NSC) Set to Announce Earnings on Wednesday
Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
Bernstein Remains a Buy on Norfolk Southern (NSC)
Norfolk Southern (NYSE:NSC) PT Raised to $244.00
Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
Norfolk Southern (NYSE:NSC) PT Raised to $277.00
See More Headlines
Receive NSC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Norfolk Southern and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
1/26/2024
Ex-Dividend for 2/20 Dividend
2/01/2024
Dividend Payable
2/20/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Railroads, line - haul operating
Sub-Industry
Railroads
CUSIP
65584410
Employees
20,700
Year Founded
1982

Price Target and Rating

Average Stock Price Target
$262.33
High Stock Price Target
$305.00
Low Stock Price Target
$175.00
Potential Upside/Downside
+9.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.61
Research Coverage
18 Analysts

Profitability

Net Income
$1.83 billion
Pretax Margin
19.08%

Debt

Sales & Book Value

Annual Sales
$12.16 billion
Cash Flow
$17.14 per share
Book Value
$56.62 per share

Miscellaneous

Free Float
245,747,000
Market Cap
$58.93 billion
Optionable
Optionable
Beta
1.30

Social Links

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

Key Executives

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

Pros

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

  • Norfolk Southern Co. has a strong market presence in the rail transportation industry in the United States, operating approximately 19,100 route miles in 22 states and the District of Columbia.
  • The company transports a diverse range of products including agriculture, forest, consumer products, chemicals, metals, construction materials, automotive, and coal, providing a stable revenue stream.
  • Recent financial reports show that Norfolk Southern Co. has a healthy return on equity of 21.06% and a net margin of 15.03%, indicating efficient operations and profitability.
  • Despite a 12-month high of $263.66, the current stock price of Norfolk Southern Co. is at $248.51, potentially offering investors an opportunity for capital appreciation.
  • Norfolk Southern Co. operates an intermodal network and transports overseas freight through various ports, diversifying its revenue sources and reducing dependency on domestic markets.

Cons

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

  • The stock price of Norfolk Southern Co. has a price-to-earnings ratio of 30.99 and a P/E/G ratio of 3.36, which may indicate that the stock is currently overvalued compared to its growth prospects.
  • The company's debt-to-equity ratio of 1.34 suggests a relatively high level of debt, which could pose risks in case of economic downturns or interest rate hikes.
  • Recent market trends have shown a 1.3% decrease in Norfolk Southern Co.'s stock price, indicating potential short-term volatility or market sentiment shifts.
  • While Norfolk Southern Co. has a strong presence in the industry, competition from other transportation modes like trucks and air freight could impact its market share and profitability.
  • Investors should consider the impact of regulatory changes or environmental policies on the rail transportation sector, which could affect Norfolk Southern Co.'s operations and costs.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Norfolk Southern pros and cons to contact@marketbeat.com.

NSC Stock Analysis - Frequently Asked Questions

Should I buy or sell Norfolk Southern stock right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Norfolk Southern in the last year. There are currently 1 sell rating, 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street 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?

18 Wall Street analysts have issued 12 month target prices for Norfolk Southern's stock. Their NSC share price targets range from $175.00 to $305.00. On average, they predict the company's stock price to reach $262.33 in the next twelve months. This suggests a possible upside of 9.6% 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 2024?

Norfolk Southern's stock was trading at $236.38 at the beginning of 2024. Since then, NSC shares have increased by 1.3% and is now trading at $239.34.
View the best growth stocks for 2024 here
.

Are investors shorting Norfolk Southern?

Norfolk Southern saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,680,000 shares, a decrease of 19.6% from the March 15th total of 2,090,000 shares. Based on an average trading volume of 1,330,000 shares, the short-interest ratio is presently 1.3 days. Approximately 0.7% of the shares of the company are short sold.
View Norfolk Southern's Short Interest
.

When is Norfolk Southern's next earnings date?

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

How can I listen to Norfolk Southern's earnings call?

Norfolk Southern will be holding an earnings conference call on Wednesday, April 24th at 8:45 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-660-6853 with passcode "13740872".

How were Norfolk Southern's earnings last quarter?

Norfolk Southern Co. (NYSE:NSC) announced its earnings results on Friday, January, 26th. The railroad operator reported $2.83 earnings per share for the quarter, missing analysts' consensus estimates of $2.87 by $0.04. The railroad operator earned $3.10 billion during the quarter, compared to analysts' expectations of $3.09 billion. Norfolk Southern had a trailing twelve-month return on equity of 21.06% and a net margin of 15.03%. The company's revenue for the quarter was down 4.2% on a year-over-year basis. During the same quarter last year, the firm earned $3.42 earnings per share.
Read the conference call transcript
.

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

Norfolk Southern announced a quarterly dividend on Wednesday, January 24th. Stockholders of record on Friday, February 2nd will be given a dividend of $1.35 per share on Tuesday, February 20th. This represents a $5.40 annualized dividend and a yield of 2.26%. The ex-dividend date of this dividend is Thursday, February 1st.
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 2.22%. 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 67.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NSC will have a dividend payout ratio of 39.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NSC.

What guidance has Norfolk Southern issued on next quarter's earnings?

Norfolk Southern updated its first quarter 2024 earnings guidance on Tuesday, April, 9th. The company provided EPS guidance of 2.490-2.490 for the period, compared to the consensus earnings per share estimate of 2.610. The company issued revenue guidance of -.

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 number of institutional and retail investors. Top institutional investors include Artemis Investment Management LLP (0.09%), M. Kraus & Co (0.02%), Neville Rodie & Shaw Inc. (0.02%), BTC Capital Management Inc. (0.02%), Wealth Enhancement Advisory Services LLC (0.02%) and Czech National Bank (0.02%). Insiders that own company stock include Alan H Shaw, Alan H Shaw, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 4/18/2024 by MarketBeat.com Staff

From Our Partners