About Norfolk Southern (NYSE:NSC)
Norfolk Southern Corporation is a holding company engaged in the rail transportation business. As of December 31, 2016, the Company operated approximately 19,500 miles of road primarily in the East and Midwest. The Company is engaged in the rail transportation of raw materials, intermediate products and finished goods primarily in the Southeast, East and Midwest. The Company, through interchange with rail carriers, to and from the rest of the United States. The Company also transports overseas freight through various Atlantic and Gulf Coast ports. It provides logistics services and offers the intermodal network in the eastern half of the United States. The Company's system reaches various manufacturing plants, electric generating facilities, mines, distribution centers and other businesses located in its service area. The Company's intermodal market group consists of shipments moving in trailers, domestic and international containers, and RoadRailer equipment.
Industry, Sector and Symbol
Industry Ground Freight & Logistics
Trailing P/E Ratio7.55366126730447
Forward P/E Ratio16.76
Sales & Book Value
Annual Sales$10.55 billion
Price / Sales3.81
Cash Flow$10.60 per share
Price / Cash13.35
Book Value$57.60 per share
Price / Book2.46
Net Income$5.40 billion
Return on Equity14.16%
Return on Assets5.46%
Norfolk Southern (NYSE:NSC) Frequently Asked Questions
What is Norfolk Southern's stock symbol?
Norfolk Southern trades on the New York Stock Exchange (NYSE) under the ticker symbol "NSC."
How often does Norfolk Southern pay dividends? What is the dividend yield for Norfolk Southern?
Norfolk Southern announced a quarterly dividend on Tuesday, January 23rd. Investors of record on Friday, February 2nd will be given a dividend of $0.72 per share on Saturday, March 10th. This represents a $2.88 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date of this dividend is Thursday, February 1st. This is a boost from Norfolk Southern's previous quarterly dividend of $0.61. View Norfolk Southern's Dividend History.
How will Norfolk Southern's stock buyback program work?
Norfolk Southern announced that its board has approved a stock buyback plan on Wednesday, September 27th 2017, which authorizes the company to repurchase 50,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.
How were Norfolk Southern's earnings last quarter?
Norfolk Southern Corp. (NYSE:NSC) issued its quarterly earnings results on Wednesday, January, 24th. The railroad operator reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.13. The railroad operator earned $2.67 billion during the quarter, compared to analysts' expectations of $2.66 billion. Norfolk Southern had a return on equity of 14.16% and a net margin of 51.22%. The business's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.42 EPS. View Norfolk Southern's Earnings History.
When will Norfolk Southern make its next earnings announcement?
Where is Norfolk Southern's stock going? Where will Norfolk Southern's stock price be in 2018?
20 brokers have issued 12 month price objectives for Norfolk Southern's stock. Their predictions range from $100.00 to $178.00. On average, they anticipate Norfolk Southern's stock price to reach $138.72 in the next twelve months. View Analyst Ratings for Norfolk Southern.
What are Wall Street analysts saying about Norfolk Southern stock?
Here are some recent quotes from research analysts about Norfolk Southern stock:
- 1. According to Zacks Investment Research, "Shares of Norfolk Southern have outperformed its industry over the past year. Ushering in further good news, the company reported better-than-expected revenues and earnings per share in the fourth quarter of 2017. Both metrics improved on a year-overyear basis. Overall volumes grew 5% on the back of impressive performances at key segments like coal and intermodal.The company is looking to cut costs in order to drive the bottom line. Adjusted operating ratio (operating expenses as a percentage of revenues) in the quarter improved to 170 basis points (year over year) 67.7%. Norfolk Southern aims to achieve an operating ratio of below 65% by 2020 or even earlier. The company's decision to increase its quarterly dividend payout by 18% is also encouraging. Automotive volume, however, decreased in the quarter due to sluggish vehicle production in the United States. " (1/29/2018)
- 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)
Who are some of Norfolk Southern's key competitors?
Some companies that are related to Norfolk Southern include Canadian National Railway (CNI), CSX (CSX), Canadian Pacific Railway (CP), C.H. Robinson Worldwide (CHRW), XPO Logistics (XPO), Kansas City Southern (KSU), AMERCO (UHAL), Schneider National (SNDR), Genesee & Wyoming (GWR), Ryder System (R), Knight-Swift Transportation (SWFT), Hub Group (HUBG), ArcBest (ARCB), Covenant Transportation Group (CVTI), Quality Distribution (QLTY), Northgate (NTG), Clipper Logistics (CLG) and YRC Worldwide (YRCW).
Who are Norfolk Southern's key executives?
Norfolk Southern's management team includes the folowing people:
- James W. Squires, Chairman of the Board, President, Chief Executive Officer (Age 55)
- Cynthia C. Earhart, Chief Financial Officer, Executive Vice President - Finance (Age 56)
- Michael J. Wheeler, Chief Operating Officer, Executive Vice President (Age 54)
- Alan H. Shaw, Executive Vice President, Chief Marketing Officer (Age 49)
- William Andrew Galanko, Executive Vice President - Law and Administration (Age 60)
- John M. Scheib, Executive Vice President Law and Administration and Chief Legal Officer
- Fredric M. Ehlers, Chief Information Officer
- Thomas E. Hurlbut, Vice President, Controller (Age 52)
- Clyde H. Allison Jr., Vice President, Treasurer (Age 52)
- Jerry W. Hall, Vice President - Mechanical
Who owns Norfolk Southern stock?
Norfolk Southern's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.37%), Lazard Asset Management LLC (1.74%), Alliancebernstein L.P. (1.67%), London Co. of Virginia (1.24%), Geode Capital Management LLC (0.99%) and Bank of New York Mellon Corp (0.87%). Company insiders that own Norfolk Southern 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 Southern.
Who sold Norfolk Southern stock? Who is selling Norfolk Southern stock?
Norfolk Southern's stock was sold by a variety of institutional investors in the last quarter, including Lazard Asset Management LLC, Barrow Hanley Mewhinney & Strauss LLC, Robeco Institutional Asset Management B.V., Millennium Management LLC, Standard Life Aberdeen plc, Two Sigma Investments LP, London Co. of Virginia and Bank of New York Mellon Corp. Company insiders that have sold Norfolk Southern company stock in the last year include Cynthia C Earhart, James A Squires, Michael Joseph Wheeler and Thomas E Hurlbut. View Insider Buying and Selling for Norfolk Southern.
Who bought Norfolk Southern stock? Who is buying Norfolk Southern stock?
Norfolk Southern's stock was bought by a variety of institutional investors in the last quarter, including American Century Companies Inc., BlackRock Inc., Renaissance Technologies LLC, Thrivent Financial For Lutherans, Amundi Pioneer Asset Management Inc., Alliancebernstein L.P., Assenagon Asset Management S.A. and Arrowstreet Capital Limited Partnership. View Insider Buying and Selling for Norfolk Southern.
How do I buy Norfolk Southern stock?
Shares of Norfolk Southern can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Norfolk Southern's stock price today?
One share of Norfolk Southern stock can currently be purchased for approximately $141.48.
How big of a company is Norfolk Southern?
Norfolk Southern has a market capitalization of $39.77 billion and generates $10.55 billion in revenue each year. The railroad operator earns $5.40 billion in net income (profit) each year or $18.73 on an earnings per share basis. Norfolk Southern employs 27,110 workers across the globe.
How can I contact Norfolk Southern?
Norfolk Southern's mailing address is THREE COMMERCIAL PLACE, NORFOLK VA, 23510. The railroad operator can be reached via phone at 757-629-2680 or via email at [email protected]
MarketBeat Community Rating for Norfolk Southern (NSC)MarketBeat's community ratings are surveys of what our community members think about Norfolk Southern and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Norfolk Southern (NYSE:NSC) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.20||2.15||2.09||2.17|
|Ratings Breakdown: ||2 Sell Rating(s)|
12 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|3 Sell Rating(s)|
11 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|3 Sell Rating(s)|
14 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|3 Sell Rating(s)|
14 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$138.72||$134.44||$125.21||$109.53|
|Price Target Upside: ||7.48% downside||12.13% downside||1.53% downside||4.43% downside|
Norfolk Southern (NYSE:NSC) Consensus Price Target History
Norfolk Southern (NYSE:NSC) Analyst Ratings History
(Data available from 2/22/2016 forward)
Norfolk Southern (NYSE:NSC) Earnings History and Estimates Chart
Norfolk Southern (NYSE NSC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/24/2018||Q4 2017||$1.56||$1.69||$2.66 billion||$2.67 billion||View||Listen|
|10/25/2017||Q3 2017||$1.64||$1.75||$2.65 billion||$2.67 billion||View||N/A|
|7/26/2017||Q2 2017||$1.65||$1.71||$2.64 billion||$2.64 billion||View||N/A|
|4/26/2017||Q1 2017||$1.36||$1.48||$2.55 billion||$2.58 billion||View||N/A|
|1/25/2017||Q416||$1.36||$1.42||$2.47 billion||$2.49 billion||View||Listen|
|10/26/2016||Q316||$1.45||$1.55||$2.25 billion||$2.52 billion||View||Listen|
|7/27/2016||Q216||$1.35||$1.36||$2.51 billion||$2.45 billion||View||Listen|
|4/21/2016||Q116||$0.97||$1.29||$2.38 billion||$2.42 billion||View||Listen|
|1/27/2016||Q415||$1.23||$1.20||$2.58 billion||$2.50 billion||View||Listen|
|10/28/2015||Q315||$1.41||$1.57||$2.72 billion||$2.71 billion||View||Listen|
|7/27/2015||Q215||$1.43||$1.41||$2.81 billion||$2.71 billion||View||Listen|
|4/29/2015||Q115||$1.00||$1.00||$2.71 billion||$2.60 billion||View||Listen|
|1/26/2015||Q414||$1.64||$1.64||$2.94 billion||$2.90 billion||View||Listen|
|10/22/2014||Q314||$1.83||$1.79||$287.62 million||$3.02 billion||View||Listen|
|7/23/2014||Q214||$1.74||$1.79||$3.00 billion||$3.04 billion||View||Listen|
|4/23/2014||Q114||$1.15||$1.17||$2.74 billion||$2.70 billion||View||Listen|
|1/22/2014||Q413||$1.50||$1.64||$2.85 billion||$2.88 billion||View||Listen|
|10/23/2013||Q313||$1.39||$1.53||$2.77 billion||$2.82 billion||View||Listen|
|7/23/2013||Q2 2013||$1.49||$1.46||$2.85 billion||$2.80 billion||View||Listen|
|4/23/2013||Q1 2013||$1.17||$1.22||$2.76 billion||$2.74 billion||View||Listen|
|1/22/2013||Q4 2012||$1.20||$1.30||$2.67 billion||$2.68 billion||View||Listen|
Norfolk Southern (NYSE:NSC) Earnings Estimates
2018 EPS Consensus Estimate: $8.65
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Norfolk Southern (NYSE:NSC) Dividend Information
|Dividend Growth:||3.20% (3 Year Average)|
|Payout Ratio:||15.38% (Trailing 12 Months of Earnings) |
34.12% (Based on This Year's Estimates)
30.97% (Based on Next Year's Estimates)
|Track Record:||8 Years of Consecutive Dividend Growth|
Norfolk Southern (NYSE:NSC) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Norfolk Southern (NYSE NSC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.36%
Institutional Ownership Percentage: 73.77%
Norfolk Southern (NYSE NSC) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/16/2018||Michael Joseph Wheeler||COO||Sell||1,699||$143.62||$244,010.38|| |
|2/16/2018||Thomas E Hurlbut||VP||Sell||1,000||$142.90||$142,900.00|| |
|2/1/2018||James A. Squires||Chairman||Sell||10,000||$150.10||$1,501,000.00|| |
|2/1/2018||Thomas E Hurlbut||VP||Sell||467||$150.17||$70,129.39||5,000|| |
|11/29/2017||Thomas E Hurlbut||VP||Sell||2,370||$134.71||$319,262.70||6,370|| |
|11/22/2017||Thomas E Hurlbut||VP||Sell||6,175||$129.61||$800,341.75||7,568|| |
|10/26/2017||Michael Joseph Wheeler||COO||Sell||3,568||$133.00||$474,544.00||15,837|| |
|8/29/2017||Thomas E Hurlbut||VP||Sell||300||$118.80||$35,640.00||4,000|| |
|8/25/2017||Michael Joseph Wheeler||COO||Sell||2,370||$118.68||$281,271.60||13,492|| |
|8/15/2017||James A Squires||Chairman||Sell||24,407||$119.95||$2,927,619.65||76,481|| |
|5/25/2017||Thomas E Hurlbut||VP||Sell||802||$116.54||$93,465.08||4,300|| |
|5/12/2017||Thomas E Hurlbut||VP||Sell||1,427||$116.92||$166,844.84||5,102|| |
|4/28/2017||Thomas E Hurlbut||VP||Sell||571||$117.66||$67,183.86||6,529|| |
|2/27/2017||Cynthia C Earhart||VP||Sell||9,447||$119.54||$1,129,294.38||6,747|| |
|2/21/2017||Marta R Stewart||EVP||Sell||2,331||$124.43||$290,046.33||16,156|| |
|2/17/2017||Thomas E Hurlbut||VP||Sell||1,475||$122.37||$180,495.75||8,634|| |
|2/9/2017||Marta R Stewart||EVP||Sell||2,607||$121.97||$317,975.79||21,094|| |
|2/6/2017||William Andrew Galanko||SVP||Sell||5,934||$119.13||$706,917.42||23,107|| |
|2/3/2017||Marta R Stewart||EVP||Sell||2,907||$120.50||$350,293.50||21,394|| |
|2/3/2017||Thomas E Hurlbut||VP||Sell||1,297||$120.65||$156,483.05||7,041|| |
|1/26/2017||James A Squires||Chairman||Sell||34,417||$119.77||$4,122,124.09||81,658|| |
|11/18/2016||Thomas E Hurlbut||VP||Sell||469||$103.77||$48,668.13||7,041|| |
|11/11/2016||Marta R Stewart||EVP||Sell||3,987||$100.49||$400,653.63||11,744|| |
|11/9/2016||James A Hixon||VP||Sell||35,247||$96.10||$3,387,236.70||142,647|| |
|11/7/2016||Marta R Stewart||EVP||Sell||2,023||$94.10||$190,364.30||12,127|| |
|11/7/2016||Thomas E Hurlbut||VP||Sell||1,000||$94.46||$94,460.00||7,560|| |
|10/27/2016||Thomas E Hurlbut||VP||Sell||2,170||$91.21||$197,925.70||8,560|| |
|8/30/2016||James A Hixon||VP||Sell||10,000||$94.15||$941,500.00||129,074|| |
|8/24/2016||Thomas E Hurlbut||VP||Sell||850||$92.28||$78,438.00||10,730|| |
|8/19/2016||Marta R Stewart||EVP||Sell||3,064||$91.56||$280,539.84||10,766|| |
|8/17/2016||Thomas E Hurlbut||VP||Sell||1,017||$89.30||$90,818.10||12,597|| |
|8/3/2016||Thomas E Hurlbut||VP||Sell||528||$88.35||$46,648.80||11,580|| |
|5/5/2016||Thomas E Hurlbut||VP||Sell||668||$89.92||$60,066.56||12,203|| |
|4/25/2016||Cynthia C Earhart||VP||Sell||6,500||$90.04||$585,260.00||6,500|| |
|8/13/2015||Wesley G Bush||Director||Buy||3,000||$81.38||$244,140.00|| |
|3/6/2015||Thomas E Hurlbut||VP||Sell||1,000||$108.19||$108,190.00|| |
|11/24/2014||Donald W Seale||CMO||Sell||32,030||$116.13||$3,719,643.90|| |
|11/10/2014||Thomas E Hurlbut||VP||Sell||1,150||$116.13||$133,549.50|| |
|11/7/2014||Marta R Stewart||CFO||Sell||3,410||$113.21||$386,046.10|| |
|9/3/2014||James A Hixon||VP||Sell||22,030||$107.82||$2,375,274.60|| |
|9/2/2014||Charles W Moorman||CEO||Sell||122,983||$107.00||$13,159,181.00|| |
|8/27/2014||Donald W Seale||CMO||Sell||31,983||$106.55||$3,407,788.65|| |
|7/29/2014||James A Squires||President||Sell||32,030||$104.95||$3,361,548.50|| |
|7/25/2014||Deborah H Butler||VP||Sell||32,960||$107.37||$3,538,915.20|| |
|7/24/2014||Cynthia C Earhart||VP||Sell||2,077||$107.78||$223,859.06|| |
|6/6/2014||Mark D Manion||COO||Sell||32,030||$101.55||$3,252,646.50|| |
|6/4/2014||Deborah H Butler||VP||Sell||1,000||$99.15||$99,150.00|| |
|5/13/2014||Deborah Butler||VP||Sell||5,000||$97.63||$488,150.00||48,752|| |
|2/12/2014||Mark Manion||COO||Sell||47,401||$93.47||$4,430,571.47||28,512|| |
|2/7/2014||James Hixon||VP||Sell||21,983||$94.05||$2,067,501.15||155,557|| |
|2/6/2014||Mark Manion||COO||Sell||14,140||$93.53||$1,322,514.20||44,685|| |
|1/30/2014||Deborah Butler||VP||Sell||10,000||$92.00||$920,000.00||52,214|| |
|1/28/2014||Charles Moorman||CEO||Sell||72,977||$91.42||$6,671,557.34||300,224|| |
|1/27/2014||Mark Manion||COO||Sell||17,977||$90.86||$1,633,390.22||58,671|| |
|12/6/2013||Donald Seale||CMO||Sell||7,977||$89.67||$715,297.59||143,824|| |
|10/29/2013||Cynthia C Earhart||VP||Sell||2,000||$88.48||$176,960.00|| |
|10/28/2013||Donald W Seale||CMO||Sell||10,000||$87.74||$877,400.00|| |
|10/28/2013||James A Hixon||VP||Sell||7,977||$88.00||$701,976.00|| |
|10/24/2013||James A Hixon||VP||Sell||10,000||$86.95||$869,500.00|| |
|10/24/2013||John P Rathbone||CFO||Sell||116,407||$84.52||$9,838,719.64|| |
|6/6/2013||Mark D Manion||COO||Sell||11,626||$76.20||$885,901.20|| |
|5/29/2013||Steven F Leer||Director||Sell||1,200||$76.98||$92,376.00|| |
|5/7/2013||Charles W Moorman||CEO||Sell||42,068||$78.13||$3,286,772.84|| |
|3/5/2013||Mark D Manion||COO||Sell||13,068||$75.23||$983,105.64|| |
|8/21/2012||Clyde H Allison Jr||VP||Sell||7,459||$75.33||$561,886.47|| |
Norfolk Southern (NYSE NSC) News Headlines
Norfolk Southern (NYSE:NSC) SEC Filings
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Norfolk Southern (NYSE:NSC) Income Statement, Balance Sheet and Cash Flow Statement
Norfolk Southern (NYSE NSC) Stock Chart for Thursday, February, 22, 2018