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
Trailing P/E Ratio20.9
Forward P/E Ratio16.44
Sales & Book Value
Annual Sales$10.55 billion
Price / Sales3.73
Cash Flow$10.49 per share
Price / Cash13.21
Book Value$57.57 per share
Price / Book2.41
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 declared a quarterly dividend on Tuesday, January 23rd. Shareholders of record on Friday, February 2nd will be paid a dividend of $0.72 per share on Saturday, March 10th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date is Thursday, February 1st. This is a positive change 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 declared that its Board of Directors has approved a share buyback plan on Wednesday, September 27th 2017, which permits the company to buyback 50,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's board believes its shares are undervalued.
How were Norfolk Southern's earnings last quarter?
Norfolk Southern Corp. (NYSE:NSC) announced its earnings results on Wednesday, January, 24th. The railroad operator reported $1.69 EPS for the quarter, beating the consensus estimate of $1.56 by $0.13. The railroad operator had revenue of $2.67 billion for the quarter, compared to analyst estimates of $2.66 billion. Norfolk Southern had a net margin of 51.22% and a return on equity of 14.16%. The firm's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $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 analysts have issued 1-year target prices for Norfolk Southern's stock. Their forecasts range from $100.00 to $165.00. On average, they anticipate Norfolk Southern's stock price to reach $137.33 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 in the last six months. The company expects intermodal and merchandise networks to drive growth going forward. It is looking to cut costs in order to drive the bottom line. Norfolk Southern aims to achieve an operating ratio of below 65% by 2020 or even earlier. The company also has an impressive track recrd with respect to dividends. Its decision taken in January, to increase quarterly dividend payout by 18% is encouraging. Automotive volume, however, is likely to struggle going forward due to sluggish vehicle production in the United States. The company's high debt levels are another cause of concern. Notably, the company exited 2017 with long-term debt of more than $9.1 billion. " (3/13/2018)
- 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 Deutsche Post (DPSGY), Canadian National Railway (CNI), CSX (CSX), Canadian Pacific Railway (CP), Kuehne + Nagel (KHNGY), A.P. Moller - Maersk A/S (AMKBY), DSV (DSDVY), J B Hunt Transport Services (JBHT), C.H. Robinson Worldwide (CHRW), XPO Logistics (XPO), Old Dominion Freight Line (ODFL), Expeditors International of Washington (EXPD), Kansas City Southern (KSU), Keppel (KPELY), ALSTOM (ALSMY), Knight-Swift Transportation (KNX), Westinghouse Air Brake Technologies (WAB) and ZTO Express (Cayman) (ZTO).
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)
- John M. Scheib, Executive Vice President Law and Administration and Chief Legal Officer
- Alan H. Shaw, Executive Vice President, Chief Marketing Officer (Age 49)
- 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
- Karol R. Lawrence, Vice President - Network and Service Management, Atlanta
Has Norfolk Southern been receiving favorable news coverage?
News articles about NSC stock have trended somewhat positive this week, according to Accern. Accern identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Norfolk Southern earned a news impact score of 0.07 on Accern's scale. They also gave media headlines about the railroad operator an impact score of 47.87 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are Norfolk Southern's major shareholders?
Norfolk Southern's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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.
Which major investors are selling Norfolk Southern stock?
NSC 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 James A Squires, Michael Joseph Wheeler and Thomas E Hurlbut. View Insider Buying and Selling for Norfolk Southern.
Which major investors are buying Norfolk Southern stock?
NSC stock was purchased 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 shares of Norfolk Southern?
Shares of NSC 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 NSC stock can currently be purchased for approximately $138.59.
How big of a company is Norfolk Southern?
Norfolk Southern has a market capitalization of $39.36 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||2.20||2.05||2.18|
|Ratings Breakdown: ||2 Sell Rating(s)|
12 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
12 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|4 Sell Rating(s)|
13 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|3 Sell Rating(s)|
12 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$137.33||$138.72||$125.21||$112.15|
|Price Target Upside: ||0.91% downside||7.48% downside||3.69% downside||11.28% downside|
Norfolk Southern (NYSE:NSC) Consensus Price Target History
Norfolk Southern (NYSE:NSC) Analyst Ratings History
(Data available from 3/19/2016 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
|Most Recent Dividend:||3/10/2018|
|Dividend Growth:||3.20% (3 Year Average)|
|Payout Ratio:||15.38% (Trailing 12 Months of Earnings) |
34.16% (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: 72.47%
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 Monday, March, 19, 2018