NSC - Norfolk Southern Corporation
| Previous Close | 197.19 |
| Open | 196.96 |
| Bid | 194.16 x 900 |
| Ask | 194.18 x 800 |
| Day's Range | 193.76 - 197.42 |
| 52 Week Range | 138.65 - 211.46 |
| Volume | 827,264 |
| Avg. Volume | 1,424,173 |
| Market Cap | 51.55B |
| Beta (3Y Monthly) | 1.41 |
| PE Ratio (TTM) | 19.18 |
| EPS (TTM) | 10.11 |
| Earnings Date | Jul 23, 2019 - Jul 29, 2019 |
| Forward Dividend & Yield | 3.44 (1.74%) |
| Ex-Dividend Date | 2019-05-02 |
| 1y Target Est | 214.14 |
- Simply Wall St.•4 hours ago
Is Now An Opportune Moment To Examine Norfolk Southern Corporation (NYSE:NSC)?
Norfolk Southern Corporation (NYSE:NSC) saw a double-digit share price rise of over 10% in the past couple of months...
- Market Realist•5 hours ago
Norfolk Southern’s Rail Traffic Performance in Week 24
Norfolk Southern’s carload traffic fell 3.7% YoY to 68,193 railcars from 70,785 railcars. The carload volumes, excluding coal and coke, fell 3.5% YoY to 48,240 units.
- Zacks•5 hours ago
GATX Strong on Dividends, Buybacks & Fleet Upgrade
GATX's shareholder-friendly efforts and initiatives to upgrade its fleet bode well.
- American City Business Journals•9 hours ago
Chicago developer pays nearly $17M for 1-acre Tech Square site
Developer CA Ventures offers the latest example of how land prices are soaring in Midtown’s Technology Square.
- Simply Wall St.•3 days ago
Should Norfolk Southern Corporation (NYSE:NSC) Be Part Of Your Dividend Portfolio?
Is Norfolk Southern Corporation (NYSE:NSC) a good dividend stock? How would you know? Dividend paying companies with...
- Zacks•5 days ago
Genesee & Wyoming (GWR) Reports 9.9% Decline in May Traffic
Genesee & Wyoming's (GWR) traffic falls in May due to soft segmental traffic.
- Markit•6 days ago
See what the IHS Markit Score report has to say about Norfolk Southern Corp.
Norfolk Southern Corp NYSE:NSCView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for NSC with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting NSC. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding NSC are favorable, with net inflows of $9.63 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. NSC credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Benzinga•7 days ago
Is The Death Of Rail-Hauled Coal True, Or Premature?
Coal is fundamentally "sedimentary rock that burns." Formed by the decomposition of plant matter, coal is a complex substance that is marketed in four classes – anthracite, bituminous, sub-bituminous and lignite. Elemental analysis gives empirical formulas such as C137H97O9NS for bituminous coal. For high-grade anthracite, the formula is likely C240H90O4NS.
- Market Realist•7 days ago
Norfolk Southern: Highest Rail Traffic Decline in Week 23
Norfolk Southern’s (NSC) rail traffic fell 9.7% year-over-year in Week 23. The company hauled 141,742 railcars during the week. Norfolk Southern recorded the highest fall among railroad companies.
- MarketWatch•7 days ago
Dow transports drop to buck broader stock market gains after disappointing data
The Dow Jones Transportation Average slumped 0.5% in midday trading Monday, to buck the broader stock market's gains, to track surprise declines in manufacturing data and home builder sentiment. The Dow transports were led lower by shares of railroad operators Norfolk Southern Corp. , down 1.4%; Union Pacific Corp. , which was 1.3% lower; and Southwest Airlines Co. , which fell 1.2%. Earlier, the Empire State manufacturing index for June posted the largest-ever drop into negative territory, despite expectations of a positive reading, while the National Association of Home Builders' index of home builder confidence fell 2 points to 64 in June, missing expectations of a 1-point increase. That led the yield on the 10-year Treasury note to decline 0.7 basis points to 2.086%. Many on Wall Street view the Dow transports as a proxy on economic growth. Meanwhile, the Dow Jones Industrial Average rose 57 points, or 0.2%. The broader market may be boosted by expectations that the Federal Reserve will confirm this week that recent data supports the notion that the next rate move will be down.
- Simply Wall St.•7 days ago
Norfolk Southern Corporation (NYSE:NSC): Time For A Financial Health Check
The size of Norfolk Southern Corporation (NYSE:NSC), a US$52b large-cap, often attracts investors seeking a reliable...
- InvestorPlace•10 days ago
Pricing Changes Could Hurt CSX Stock
Two months ago, the owners of CSX Corporation (NASDAQ:CSX) stock were cheering. Despite tepid demand for rail-freight service, what the company described as a "broad-based" pricing increase led to a respectable 5% year-over-year increase in its top line in the first quarter. CSX stock price jumped 4% in one day, reaching new record highs in the process.Source: Shutterstock Not all of CSX's apparent pricing power, however, may actually be pricing power. Indeed, it may not be sustainable. Its customers are not only balking, but they're slowly abandoning CSX and turning to the trucking industry instead, despite its rising cost. * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 More than anything though, rail customers are turning to regulators, who so far have been seemingly sympathetic to the complaints about the railroad industry's rising fees.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Customers Subsidizing Railroads' PSR WorkThe acronym "PSR," short for precision-scheduled railroading, sounds like a brilliant cost-culling idea. And, with the advent of wireless communications, PSR is now a very real possibility that the owners of CSX stock as well as Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC) shareholders have understandably cheered.Rail customers aren't cheering though, as much of the burden of adopting PSR has fallen, some say unfairly, on them.Case in point: Customers of many PSR-guided railroads are now charged fees if their freight isn't unloaded immediately after its arrival, rather than after the customer has had a reasonable amount of time to remove it. In some cases the customer may lack the necessary capacity to immediately unload its freight. In other cases, the rail yard itself may be the source of the bottleneck.Regardless of the reason, many rail-freight users feel unfairly rushed by the system.Moreover, at a two-day hearing that took place in late May, several railroad customers lodged official complaints about the issue with the Surface Transportation Board.The STB has the authority to step in, if need be. It can't outright control market shipping rates, but it does wield a great deal of influence on pricing, and it can put in place new rules that give rail customers the right to charge railroads fees when they are the source of the tie-up.Perhaps more alarming is the fact that the usually-aloof Surface Transportation Board has already become notably vocal on this particular matter. STB board member Martin Oberman commented at the recent meeting "What we're being told is it's an incentive to make you move faster. What it sounds like is it's an incentive for you to stop using the railroad."He added "You cannot be incentivized to roll time backwards." Waning Rail DemandIf the owners of CSX stock aren't concerned, they should be. These added fees are a key reason the carrier has been able to grow its top and bottom lines so well of late.Demand for rail services to-date this year is better than it was at this point a year ago, but that's a dubious victory. Usage of railroads last year in the United States was well below the levels of 2016 and 2017′, and this year's demand is also weaker than at the same time in 2016 and 2017.There's been no place to hide in the railroad sector. Demand for intermodal as well as for railcars is slumping, and total demand for rail-freight services is just as weak in Canada and Mexico.And the PSR-driven fees - high margin fees at that - aren't insignificant. Last year, fees accounted for more than 40% of CSX's 7.5% top-line growth.If the STB pushes back, the impact could prove to be problematic. The Bottom Line on CSX StockIt's certainly possible, of course, that the Surface Transportation Board is offering more lip service than planned relief for railroad customers.It's not an agency to be toyed with, however. It's got teeth, and it's not afraid to use them.And it may about to do just that. In a report provided to the STB in April by a task force charged with reviewing rail-rate oversight, the direction that pricing matters are going is clear. That is, major changes in pricing methods are being recommended to the board.It remains to be seen just how much the Surface Transportation Board will intercede, or if it will recognize that unreasonable fees are just a means of charging higher rates without labeling them a "rate increase,"As Palmer Logistics President Brett Mears noted last month, though, "I do think that the STB will continue with the investigation phase and ultimately will invoke rule making to relieve the burden to industry after overwhelming response to this hearing."That should at least concern anyone who owns CSX stock.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post Pricing Changes Could Hurt CSX Stock appeared first on InvestorPlace.
- American City Business Journals•10 days ago
The Power 100: Most influential Atlantans of 2019 (Slideshow)
Among them is Jim Squires, CEO of railroad giant Norfolk Southern Corp. (NYSE: NSC), which in March broke ground on its new corporate headquarters in Midtown Atlanta. Another new name is John Selden, who last October took the reins as general manager of Hartsfield-Jackson Atlanta International Airport. You'll also find Clyde Higgs, who in February was named president and CEO of Atlanta BeltLine Inc. And there's Ángel Cabrera, who on June 6 was named the sole finalist to become the new president of Georgia Tech.
- Zacks•12 days ago
Here's Why Union Pacific Should Stay in Your Portfolio Now
Union Pacific's (UNP) shareholder-friendly measures are encouraging. Additionally, an improvement in the operating ratio highlights the company's operational efficiency.
- InvestorPlace•13 days ago
3 Big Stock Charts for Tuesday: Norfolk Southern, Synchrony Financial and Dish Network
The bulls were roaring as the week's opening bell rang, but they weren't quite in the same bullish mood at the end of the session. What was at one point almost a 1.1% gain for the S&P 500 was pared back to a less impressive 0.47% advance, leaving the recovery effort in question.Source: Allan Ajifo via Wikimedia (Modified)Advanced Micro Devices (NASDAQ:AMD) did its part to keep the broad market propped up, gaining 2.5% on news that the next generation of Xbox gaming consoles from Microsoft (NASDAQ:MSFT) would use AMD hardware.Holding the market back was United Technologies (NYSE:UTX), off more than 3% following word that it would be acquiring Raytheon (NYSE:RTN) to make a compelling aerospace and defense name, but it will also be an organization that will inherit Raytheon's pension woes.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 A-Rated Stocks to Buy Under $10 None make for great trading prospects headed into Tuesday's session, however. Rather, it's the stock charts of Norfolk Southern (NYSE:NSC), Dish Network (NASDAQ:DISH) and Synchrony Financial (NYSE:SYF) that merit the closer looks. Here's why. Norfolk Southern (NSC)In late April we cautioned that Norfolk Southern shares had served up all the telltale signs that the rally had run its course. Not only had a long-term ceiling finally been bumped into, the doji-shaped bar from April 24 suggested the transition from a net-buying to a net-selling environment had been made.The progress did end up stopping there, though selling never started. While the bears growled a couple of times, NSC has been content to just move sideways in the meantime. Given some of the red flags that have started to wave within the past couple of weeks. Click to Enlarge * The chief red flag is the way selling volume has started to swell since the later part of May. * We're also nearing a bearish MACD crossunder on the weekly chart. Those tend to be good, long-lived sell signals. * While the risk of a selloff remains, as long as Norfolk Southern remains above the recently developed support around $193.80, the possibility is a moot point. Synchrony Financial (SYF)Synchrony Financial is no stranger to major moves, both up and down. There's no rhyme or reason to its rises and falls though. Rather, when the market decides to turn it around, it does so. It does so, however, with the usual clues of a turn.It just dished out a bearish round of those clues, plus some new ones to boot. One of the bigger ones took shape just yesterday, almost cementing the budding pullback into place. One more tough day could do the trick. * 10 Stocks to Buy That Could Be Takeover Targets Click to Enlarge * The first of the clues is Monday's slide back below the purple 50-day moving average line, after a failure to move back above the blue 20-day moving average. * There's also a subtle hint in the volume trend for the past few days. Although shares rallied in the middle of last week, the buying volume faded the whole time. Now back on the way down selling volume is growing again. There are more bears than bulls out there. * Zooming out to the weekly chart it's clear how close the stock is to a bearish MACD crossunder, though the same chart also shows a transition from bullish momentum to budding bearish momentum. Dish Network (DISH)Finally, it has almost certainly got more to do with the fact that AT&T (NYSE:T) is mulling the sale of its DirecTV brand to it than with any newfound bullishness about the company. But, the way Dish Network has moved of late compared to its recent history is still technically relevant, and bullish. * A couple of weeks ago, DISH popped above resistance at $35.56, plotted in blue, and as of this week, DISH shares are above a more meaningful technical ceiling around $36.90, plotted in yellow on both stock charts. * The weekly chart not only shows how big of a deal the ceiling around $36.90 is -- it's a move to a new 52-week high -- but how much room there is to recovery the bulk of what was lost in 2017 and 2018. * It's still not a clean breakout move, however. The bulk of Monday's intraday was given back, and odds are good DISH Network will be back below $36.90 sooner or later. It's the next move back above $36.90 that should get more prolonged traction.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Dark Horse Stocks Winning the Race in 2019 * 6 Chinese Stocks to Sell That Are Suffering From a Digital Ad Slowdown * 4 Technology Stocks Blasting Higher Compare Brokers The post 3 Big Stock Charts for Tuesday: Norfolk Southern, Synchrony Financial and Dish Network appeared first on InvestorPlace.
Market Realist•14 days agoHow Norfolk Southern’s Rail Traffic Trended in Week 22
Downtrend in US Rail Traffic Persisted for 19th Consecutive Week(Continued from Prior Part)Norfolk SouthernNorfolk Southern’s (NSC) rail traffic fell 6.6% YoY (year-over-year) in Week 22. The company hauled 134,437 railcars during the week
- Zacks•17 days ago
SkyWest's (SKYW) Block Hours & Load Factor Increase in May
SkyWest's (SKYW) block hours rise last month owing to the addition of E175, CRJ700 and CRJ900 aircraft to its fleet since May 2018.
- Insider Monkey•18 days ago
Did Hedge Funds Drop The Ball On Norfolk Southern Corp. (NSC) ?
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before the Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […]
- Benzinga•18 days ago
Railroads Discuss Hedging Against Market Uncertainty
Uncertainty about why U.S. rail volumes are down, competition with the truck market and potential mergers and acquisitions were among the themes explored at two investor conferences this week. Kansas City Southern (NYSE: KSC) is seeing more volumes move from Mexico ahead of the U.S. deadline to impose import tariffs on Mexican goods, said Jeff Songer, chief operating officer. "We're seeing a push of volumes ahead of June 10," with more finished autos moving north from Mexico to the U.S., Songer said at the Deutsche Bank Global Industrials and Materials Summit on June 5.
- Benzinga•18 days ago
May U.S. Intermodal Volumes Drop 5.9 Percent
U.S. intermodal volumes fell 5.9 percent in May, while carloads fell 2.1 percent amid economic uneasiness and uncertainties surrounding U.S. trade between Mexico and China. U.S. railroads originated 1.3 million containers and trailers in May, down 5.9 percent from May 2018, according to the Association of American Railroads. Meanwhile, U.S. carloads fell 2.1 percent to 1.3 million carloads for that same time period.
- Barrons.com•18 days ago
Buy Infrastructure Stocks for Their Big Dividends
Ben Morton of Cohen & Steers expects infrastructure companies to increase their dividends by about 5% to 7% a year, supported by “very predictable cash flows.”
- PR Newswire•20 days ago
Norfolk Southern prepares to roll out TOP21 precision scheduled railroading operating plan
NORFOLK, Va., June 4, 2019 /PRNewswire/ -- Norfolk Southern (NSC) is preparing to roll out TOP21, the railroad's new precision scheduled railroading operating plan, to enhance customer service, increase operating efficiencies, support growth, and drive long-term shareholder value. TOP21 is a key initiative of Norfolk Southern's new three-year strategic plan to Reimagine Possible in all aspects of business operations. In April, the railroad announced that the first phase of TOP21 will focus on the company's general merchandise market.
