Norfolk Souther Corporation Company Profile (NYSE:NSC)

Norfolk Souther Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "NSC."

Norfolk Souther Corporation declared a quarterly dividend on Friday, July 28th. Investors of record on Monday, August 7th will be paid a dividend of $0.61 per share on Monday, September 11th. This represents a $2.44 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend is Thursday, August 3rd. View Norfolk Souther Corporation's Dividend History.

Norfolk Souther Corporation declared that its Board of Directors has initiated a stock buyback plan on Wednesday, September 27th 2017, which allows the company to buyback 50,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's management believes its shares are undervalued.

Norfolk Souther Corporation (NYSE:NSC) released its earnings results on Wednesday, July, 26th. The company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.06. The business earned $2.64 billion during the quarter, compared to the consensus estimate of $2.64 billion. Norfolk Souther Corporation had a return on equity of 14.45% and a net margin of 17.66%. The business's revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter last year, the company earned $1.36 earnings per share. View Norfolk Souther Corporation's Earnings History.

Norfolk Souther Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Norfolk Souther Corporation.

24 brokerages have issued twelve-month target prices for Norfolk Souther Corporation's shares. Their forecasts range from $75.00 to $143.00. On average, they expect Norfolk Souther Corporation's stock price to reach $118.00 in the next twelve months. View Analyst Ratings for Norfolk Souther Corporation.

Here are some recent quotes from research analysts about Norfolk Souther Corporation stock:

• 1. According to Zacks Investment Research, "Norfolk Southern shares have underperformed its industry so far this year and delivered mixed results in the second quarter of 2017. In fact, the company reported better-than-expected earnings per share while lagging on the revenues front. Both metrics improved on a year-over-year basis. The company is looking to cut costs in order to drive the bottom line. It registered a record operating ratio of 66.3% in the quarter. The metric improved 230 basis points from the year-ago quarter. Norfolk Southern aims to achieve an operating ratio of below 65% by 2020 or even earlier. Automotive volume decreased in the quarter, which is anticipated to deteriorate further in the second half of the year due to sluggish vehicle production in the US. Notably, though the coal scenario is projected to improve further in the second half of 2017, the pace will be sluggish primarily due to a slowdown in export of the commodity." (7/28/2017)
• 2. TD Securities analysts commented, "We believe CN has clearly demonstrated that a collaborative approach can be used to great effect, but such a model takes time to evolve, and we see a risk that investors gravitate more towards a rapid pace of change at CSX. TD Investment Conclusion Our target price increases to $125.00 from $120.00 based on our estimate revisions. We view Norfolk Southern’s franchise as attractively positioned in eastern U.S., where approximately two-thirds of the population resides, and we are encouraged by the company’s recent operating improvements. The implied return to our target price does not provide enough upside to support a Buy rating, in our view, but we would revisit our recommendation on a share price pullback. 140 140 130 130 120 120 110 110 100 100 90 90 80 80 70 70 Apr-17 Feb-17 Dec-16 Oct-16 Aug-16 Jun-16 NSC-N: Price Company Profile Norfolk Southern operates 21,000 miles of rail in 22 states of the Mississippi River." (4/27/2017)

Some companies that are related to Norfolk Souther Corporation include Canadian National Railway Company (CNI), CSX Corporation (CSX), Canadian Pacific Railway Limited (CP), Kansas City Southern (KSU), C.H. Robinson Worldwide (CHRW), XPO Logistics (XPO), Amerco (UHAL), Schneider National (SNDR), Genesee & Wyoming (GWR), Ryder System (R), Knight-Swift Transportation Holdings (SWFT), Hub Group (HUBG), ArcBest Corporation (ARCB), Northgate plc (NTG), Covenant Transportation Group (CVTI), YRC Worldwide (YRCW), Clipper Logistics PLC (CLG) and Wincanton plc (WIN).

Norfolk Souther Corporation's management team includes the folowing people:

• James A. Squires, Chairman of the Board, President, Chief Executive Officer
• Cynthia C. Earhart, Chief Financial Officer, Executive Vice President - Finance
• Michael J. Wheeler, Chief Operating Officer, Executive Vice President
• Alan H. Shaw, Executive Vice President, Chief Marketing Officer
• William Andrew Galanko, Executive Vice President - Law and Administration
• Thomas E. Hurlbut, Vice President, Controller
• Clyde H. Allison Jr., Vice President, Treasurer
• Jerry W. Hall, Vice President - Mechanical
• Karol R. Lawrence, Vice President - Network and Service Management, Atlanta
• Bruno Maestri, Vice President - Government Relations

Norfolk Souther Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.22%), PGGM Investments (0.06%), Neville Rodie & Shaw Inc. (0.03%), Shell Asset Management Co. (0.02%), Assenagon Asset Management S.A. (0.01%) and Quotient Investors LLC (0.01%). Company insiders that own Norfolk Souther Corporation stock include Cynthia C Earhart, James A Hixon, James A Squires, Marta R Stewart, Michael Joseph Wheeler, Thomas E Hurlbut and William Andrew Galanko. View Institutional Ownership Trends for Norfolk Souther Corporation.

Norfolk Souther Corporation's stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Robeco Institutional Asset Management B.V., Neville Rodie & Shaw Inc., Quotient Investors LLC, MEMBERS Trust Co, Peoples Financial Services CORP. and Park National Corp OH. Company insiders that have sold Norfolk Souther Corporation stock in the last year include Cynthia C Earhart, James A Hixon, James A Squires, Marta R Stewart, Michael Joseph Wheeler, Thomas E Hurlbut and William Andrew Galanko. View Insider Buying and Selling for Norfolk Souther Corporation.

Norfolk Souther Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Shell Asset Management Co., Curbstone Financial Management Corp, Meeder Asset Management Inc., Quantitative Systematic Strategies LLC, Wendell David Associates Inc., Canal Capital Management LLC and Fisher Asset Management LLC. View Insider Buying and Selling for Norfolk Souther Corporation.

Shares of Norfolk Souther Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Norfolk Souther Corporation stock can currently be purchased for approximately $132.75.