Norfolk Southern - NSC Stock Forecast, Price & News

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Norfolk Southern in the last twelve months. There are currently 1 sell rating, 13 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NSC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NSC, but not buy additional shares or sell existing shares.
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21 analysts have issued twelve-month price targets for Norfolk Southern's stock. Their NSC share price forecasts range from $177.00 to $305.00. On average, they expect the company's share price to reach $248.86 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price.
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Norfolk Southern's stock was trading at $246.42 at the start of the year. Since then, NSC shares have decreased by 0.2% and is now trading at $245.81.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
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Norfolk Southern Co. (NYSE:NSC) released its quarterly earnings data on Wednesday, January, 25th. The railroad operator reported $3.42 earnings per share for the quarter, beating analysts' consensus estimates of $3.41 by $0.01. The railroad operator had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.20 billion. Norfolk Southern had a net margin of 25.66% and a trailing twelve-month return on equity of 24.98%. Norfolk Southern's revenue was up 13.5% on a year-over-year basis. During the same quarter last year, the business earned $3.12 earnings per share.
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Norfolk Southern announced a quarterly dividend on Tuesday, January 24th. Investors of record on Friday, February 3rd will be paid a dividend of $1.35 per share on Tuesday, February 21st. This represents a $5.40 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Thursday, February 2nd. This is an increase from the stock's previous quarterly dividend of $1.24.
Read our dividend analysis for NSC.

Norfolk Southern (NYSE:NSC) pays an annual dividend of $4.96 per share and currently has a dividend yield of 2.08%. 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 35.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NSC will have a dividend payout ratio of 33.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NSC.

Norfolk Southern declared that its board has authorized a share buyback plan on Tuesday, March 29th 2022, which permits the company to buyback $10,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 14.6% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its shares are undervalued.

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.

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).

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

Norfolk Southern's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.29%), ATLAS Infrastructure Partners UK Ltd. (0.21%), New York State Common Retirement Fund (0.18%), DAVENPORT & Co LLC (0.18%), Artemis Investment Management LLP (0.16%) and Manning & Napier Group LLC (0.15%). 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, James A Squires, Jason Andrew Zampi, Michael Joseph Wheeler and Steven F Leer.
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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.
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One share of NSC stock can currently be purchased for approximately $245.81.

Norfolk Southern (NYSE:NSC) has a market capitalization of $56.91 billion and generates $12.75 billion in revenue each year. The railroad operator earns $3.27 billion in net income (profit) each year or $13.90 on an earnings per share basis.

The company employs 18,100 workers across the globe.

Norfolk Southern's mailing address is THREE COMMERCIAL PLACE, NORFOLK VA, 23510. The official website for the company is www.norfolksouthern.com. The railroad operator can be reached via phone at (855) 667-3655, via email at peter.sharbel@nscorp.com, or via fax at 757-629-2361.