Norfolk Southern Corporation (NSC)
Chart Events
Performance Outlook
| Previous Close | 214.43 |
| Open | 215.11 |
| Bid | 210.00 x 800 |
| Ask | 222.37 x 800 |
| Day's Range | 214.43 - 219.68 |
| 52 Week Range | 112.62 - 224.99 |
| Volume | 946,938 |
| Avg. Volume | 1,349,756 |
| Market Cap | 55.91B |
| Beta (5Y Monthly) | 1.39 |
| PE Ratio (TTM) | 27.21 |
| EPS (TTM) | 8.05 |
| Earnings Date | Oct 21, 2020 - Oct 26, 2020 |
| Forward Dividend & Yield | 3.76 (1.75%) |
| Ex-Dividend Date | Aug 06, 2020 |
| 1y Target Est | 213.14 |
Fair Value
Related Research
- Simply Wall St.
Here's What We Think About Norfolk Southern's (NYSE:NSC) CEO Pay
This article will reflect on the compensation paid to Jim Squires who has served as CEO of Norfolk Southern...
- Barrons.com
Buy Railroads, Analyst Says. Why That’s a Bullish Sign for All Stocks.
Two railroad stocks caught upgrades Friday. Logistics stocks are heating up on Wall Street right now. That’s good news for the U.S. economic outlook.
- Benzinga
Norfolk Southern's Debt Overview
Over the past three months, shares of Norfolk Southern (NYSE: NSC) moved higher by 22.49%. Before we understand the importance of debt, let us look at how much debt Norfolk Southern has.Norfolk Southern's Debt Based on Norfolk Southern's balance sheet as of July 29, 2020, long-term debt is at $12.61 billion and current debt is at $85.00 million, amounting to $12.70 billion in total debt. Adjusted for $1.14 billion in cash-equivalents, the company's net debt is at $11.55 billion.Investors look at the debt-ratio to understand how much financial leverage a company has. Norfolk Southern has $37.96 billion in total assets, therefore making the debt-ratio 0.33. Generally speaking, a debt-ratio more than one means that a large portion of debt is funded by assets. As the debt-ratio increases, so the does the risk of defaulting on loans, if interest rates were to increase. Different industries have different thresholds of tolerance for debt-ratios. A debt ratio of 25% might be higher for one industry and normal for another.Importance Of Debt Besides equity, debt is an important factor in the capital structure of a company, and contributes to its growth. Due to its lower financing cost compared to equity, it becomes an attractive option for executives trying to raise capital.However, due to interest-payment obligations, cash-flow of a company can be impacted. Having financial leverage also allows companies to use additional capital for business operations, allowing equity owners to retain excess profit, generated by the debt capital.See more from Benzinga * Stocks That Hit 52-Week Highs On Wednesday * Stocks That Hit 52-Week Highs On Monday * Earnings Scheduled For July 29, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
