Norfolk Southern Corporation (NSC)
| Market Cap | 50.79B |
| Revenue (ttm) | 12.03B |
| Net Income (ttm) | 1.41B |
| Shares Out | 225.91M |
| EPS (ttm) | 6.21 |
| PE Ratio | 36.20 |
| Forward PE | 18.08 |
| Dividend | $5.40 (2.40%) |
| Ex-Dividend Date | May 2, 2024 |
| Volume | 879,105 |
| Open | 220.79 |
| Previous Close | 220.68 |
| Day's Range | 219.99 - 224.94 |
| 52-Week Range | 183.09 - 263.66 |
| Beta | 1.30 |
| Analysts | Buy |
| Price Target | 260.88 (+16.05%) |
| Earnings Date | Jul 25, 2024 |
About NSC
Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum produ... [Read more]
Financial Performance
In 2023, NSC's revenue was $12.16 billion, a decrease of -4.62% compared to the previous year's $12.75 billion. Earnings were $1.83 billion, a decrease of -44.13%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for NSC stock is "Buy." The 12-month stock price forecast is $260.88, which is an increase of 16.05% from the latest price.
News
Norfolk Southern Corporation Investor Alert Update (NYSE: NSC): Schubert Jonckheer & Kolbe LLP Investigating Potential Claims Against the Company's Officers and Directors Following $310 Million Settlement with the DOJ and EPA
SAN FRANCISCO , May 30, 2024 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP advises Norfolk Southern Corporation investors that the firm is investigating potential legal claims arising from the Februa...
Norfolk Southern names Claude Mongeau chair of the board of directors
Francesca A. DeBiase to serve as chair of Governance and Nominating Committee Richard H.
Norfolk Southern agrees to $310 million federal settlement over Ohio train derailment
Norfolk Southern has agreed to pay $310 million to settle charges over the East Palestine, Ohio, train derailment that occurred in February 2023, with the majority of that going to cleanup costs. The ...
Norfolk Southern agrees to settlement of more than $300 million with federal government over East Palestine, Ohio, derailment
Norfolk Southern Corp. has reached an agreement with the U.S. Department of Justice, the U.S. Environmental Protection Agency, and the U.S. Department of the Interior to resolve all their claims and i...
Norfolk Southern Settles Government's Ohio Derailment Probe
Norfolk Southern has agreed to pay hundreds of millions of dollars to resolve the federal government's investigation into the February 2023 train derailment in East Palestine, Ohio.
Norfolk Southern reaches agreement to resolve federal East Palestine derailment claims and investigations
Agreement establishes long-term health monitoring and mental health services for residents and first responders, codifies rail safety improvements, and recognizes Norfolk Southern's extensive communit...
Which Is A Better Pick – Norfolk Southern Or Snowflake Stock?
We think Norfolk Southern stock (NYSE: NSC) and Snowflake stock (NYSE: SNOW) will offer similar returns in the next three years. Although these companies are from different sectors, they share similar...
Norfolk Southern to present at Wolfe 17th Annual Global Transportation and Industrials Conference
ATLANTA , May 17, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Operating Officer John Orr will make a presentation at the Wolfe 17th Annual Global T...
Norfolk Southern welcomes new board members, reiterates commitment to shareholders
Certified results of 2024 Annual Meeting of Shareholders confirm newly constituted board Board of directors committed to working collaboratively, engaging with shareholders as it charts A Better Way ...
What next for Norfolk Southern after split decision in board battle with Ancora?
Activist investor Ancora Holdings Group's attempt to gain control of Norfolk Southern Corp.'s board resulted in three of its seven nominees gaining seats on the 13-member board at the railroad operato...
Norfolk Southern shares down 3.2% after shareholders' split decision in board battle
Shares of Norfolk Southern Corp. are down 3.2% Thursday after a preliminary count of shareholder votes indicated a split decision in the keenly-fought battle for control of the company's board.
Norfolk Southern announces shareholders have elected 10 of 13 of the company's director nominees
Results reflect support for leadership team and strategy ATLANTA , May 9, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced today that the preliminary vote count of its proxy sol...
Activist Ancora wins three board seats at Norfolk Southern but falls short of ousting CEO
Norfolk Southern shareholders elected three of Ancora's seven director nominees, Ancora Alternatives president Jim Chadwick said Thursday.
Ancora Secures Meaningful Change at Norfolk Southern
CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”) today commented on the prospective outcome of Norfolk Southern Corporation's (NYS...
Ancora to win board representation at Norfolk Southern
Norfolk Southern Corp (NYSE: NSC) is in focus this morning following a report that Ancora Holdings is close to winning board representation at the freight railroad operator.
Norfolk Southern Shareholders Vote Thursday to Keep or Fire CEO
Chief Executive Alan Shaw says the proxy fight is about the future of the railroad industry.
Norfolk Southern Annual Meeting - Vote before May 9 to protect the value of your investment
Shareholders' decision will determine the future of Norfolk Southern Norfolk Southern strongly urges shareholders to vote the WHITE proxy card FOR ONLY Norfolk Southern's 13 highly skilled director no...
Norfolk Southern's strategy and team continue to be praised by customers and industry associations
Key partners voice unwavering support for Norfolk Southern's management team and balanced strategy ATLANTA , May 7, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Tuesday highlighted ad...
Key regulators express support for Norfolk Southern's leadership and strategy, and concerns with Ancora's plan
U.S. Department of Transportation and Surface Transportation Board recognize the importance of Norfolk Southern's safety-driven and service-oriented culture Warn Ancora's plan would put safety and ser...
Norfolk Southern customers: we support the company and its strategy
Energy and Bulk customers share their strong support of CEO Alan Shaw and management team Express concerns that Ancora's plan would hinder and interrupt service for their businesses ATLANTA , May 6, 2...
Ancora Issues Letter to Norfolk Southern's Board to Refute False and Unsupported Claims, Including Those Regarding Railway Labor Act Violations and “Vote Buying” from Labor
CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”) today issued the below letter to the Board of Directors (the “Board”) of Norfolk ...
In Norfolk Southern board battle, proxy adviser Egan-Jones throws weight behind activist Ancora
Egan-Jones is the latest proxy advisory firm to step into the board battle between activist investor Ancora Holdings Group and railroad operator Norfolk Southern Corp.
Jim Barber, Former UPS COO and Member of Ancora's Slate, Sends Letter to Norfolk Southern Shareholders Ahead of May 9th Annual Meeting
CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“No...
All Three Leading Independent Proxy Advisory Firms Recommend Norfolk Southern Shareholders Vote “FOR” Significant Boardroom Change on the BLUE Proxy Card
CLEVELAND--(BUSINESS WIRE)--Ohio-based Ancora Holdings Group, LLC (collectively with its affiliates, “Ancora” or “we”), which owns a large equity stake in Norfolk Southern Corporation (NYSE: NSC) (“No...
General Chairmen of the Brotherhood of Locomotive Engineers and Trainmen, Representing Members at Norfolk Southern, Address CEO Alan Shaw's “Unfounded and Desperate” Attacks on Labor Discussions
INDEPENDENCE, Ohio--(BUSINESS WIRE)--The three Brotherhood of Locomotive Engineers and Trainmen (“BLET”) General Chairmen (Scott Bunten, Dewayne Dehart, and Jerry Sturdivant), who are affiliated with ...