Norfolk Southern - NSC Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Norfolk Southern in the last year. There are currently 1 sell rating, 11 hold ratings and 5 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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17 equities research analysts have issued 1 year price objectives for Norfolk Southern's stock. Their NSC share price forecasts range from $177.00 to $305.00. On average, they expect the company's stock price to reach $247.43 in the next twelve months. This suggests that the stock has a possible downside of 1.6%.
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Norfolk Southern's stock was trading at $297.71 at the beginning of 2022. Since then, NSC shares have decreased by 15.5% and is now trading at $251.43.
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Norfolk Southern saw a increase in short interest in October. As of October 31st, there was short interest totaling 3,410,000 shares, an increase of 51.6% from the October 15th total of 2,250,000 shares. Based on an average trading volume of 1,390,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.5% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 25th 2023.
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Norfolk Southern Co. (NYSE:NSC) announced its earnings results on Wednesday, October, 27th. The railroad operator reported $3.06 EPS for the quarter, beating the consensus estimate of $2.91 by $0.15. The railroad operator had revenue of $2.85 billion for the quarter, compared to analysts' expectations of $2.74 billion. Norfolk Southern had a trailing twelve-month return on equity of 24.32% and a net margin of 26.21%. The company's quarterly revenue was up 13.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.51 earnings per share.
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Norfolk Southern declared a quarterly dividend on Tuesday, October 25th. Shareholders of record on Friday, November 4th will be paid a dividend of $1.24 per share on Monday, November 21st. This represents a $4.96 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Thursday, November 3rd.
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 1.97%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 36.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NSC will have a dividend payout ratio of 35.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NSC.

Norfolk Southern announced that its board has authorized a stock repurchase program on Tuesday, March 29th 2022, which permits the company to buyback $10,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 14.6% of its shares through open market purchases. Shares buyback programs are usually a sign 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.03%), BlackRock Inc. (6.82%), State Street Corp (4.41%), Lazard Asset Management LLC (3.30%), Bank of New York Mellon Corp (1.20%) and Dimensional Fund Advisors LP (0.99%). 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 $251.43.

Norfolk Southern (NYSE:NSC) has a market capitalization of $58.21 billion and generates $11.14 billion in revenue each year. The railroad operator earns $3.01 billion in net income (profit) each year or $13.60 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.