NSC - Norfolk Southern Corporation
169.05 0.00 (0.00%)
After hours: 5:18PM EST
| Previous Close | 165.08 |
| Open | 166.23 |
| Bid | 159.82 x 900 |
| Ask | 178.04 x 800 |
| Day's Range | 165.77 - 170.26 |
| 52 Week Range | 127.79 - 186.91 |
| Volume | 2,726,639 |
| Avg. Volume | 2,325,246 |
| Market Cap | 46.04B |
| Beta (3Y Monthly) | 1.62 |
| PE Ratio (TTM) | 8.09 |
| EPS (TTM) | 20.89 |
| Earnings Date | Jan 24, 2019 |
| Forward Dividend & Yield | 3.20 (1.95%) |
| Ex-Dividend Date | 2018-11-01 |
| 1y Target Est | 180.09 |
- Market Realist•2 hours ago
Canadian Pacific’s Rail Traffic Growth Trend Continued in Week 2
AAR: US Rail Traffic Grew 8.4% in Week 2 of 2019(Continued from Prior Part)CP’s rail traffic Canadian Pacific Railway’s (CP) total traffic volumes rose 11.4% YoY (year-over-year) in Week 2 of 2019. It hauled 52,197 railcars compared to 46,853
- Market Realist•5 hours ago
AAR: US Rail Traffic Grew 8.4% in Week 2 of 2019
AAR: US Rail Traffic Grew 8.4% in Week 2 of 2019US rail traffic US railroad companies continue to see strong rail traffic growth. According to the latest data compiled by the Association of American Railroads, US freight rail traffic increased by
- Benzinga•7 hours ago
KC Southern Joins The Move To Precision Railroading And Now It's Almost Unanimous
Kansas City Southern (NYSE: KSU) is going down the precision railroading track. The solution: adopt the principles of precision railroading. "KCS has entered 2019 with a renewed and heightened focus on operational excellence," Ottensmeyer said.
- Zacks•9 hours ago
Kansas City Southern (KSU) Q4 Earnings Meet, Revenues Top
Kansas City Southern's (KSU) Q4 results benefit from an impressive performance of Chemical & Petroleum and Agriculture & Minerals segments. However, high operating expenses partly affect results.
- Market Realist•9 hours ago
Kansas City Southern’s Q4 Earnings Rose on Higher Pricing
Kansas City Southern’s Q4 Earnings Rose on Higher PricingSurpassed expectationsKansas City Southern (KSU) reported better-than-expected results for the fourth quarter. Moreover, the company’s quarterly revenues and adjusted EPS improved
- Markit•12 hours ago
See what the IHS Markit Score report has to say about Norfolk Southern Corp.
# Norfolk Southern Corp ### NYSE:NSC View full report here! ## Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short 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 flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $5.98 billion over the last one-month into ETFs that hold NSC are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Positive The current level displays a positive indicator. NSC credit default swap spreads are within the middle of their range for the last three years. 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.
- TheStreet.com•23 hours ago
Shares of JB Hunt Jump on Earnings Report
The company had been expected to report earnings of $1.48 a share on sales of $2.3 billion, based on a FactSet survey of 21 analysts. The stock had fallen 13% since the company last reported earnings on Oct. 15. The company had been expected to report earnings of 99 cents a share on sales of $3.1 billion, based on a FactSet survey of 25 analysts.
- Benzinga•yesterday
First Look: CSX Reports A Softer OR Than In The Third Quarter, But It's Still Better Than Last Year
--When CSX Corporation (NASDAQ: CSX) reported a third quarter 2018 operating ratio (OR) of 58.7 percent, an improvement of almost 1,000 basis points over the third quarter of 2017, it was such a stunning number that it set off enough discussion in the industry over the apparent enormous success of precision railroading (PSR) that Union Pacific Corporation (NYSE: UNP) and Norfolk Southern Corp. (NYSE: NSC) in fairly quick order followed suit by saying they were going to go down the PSR route (Union Pacific) or make changes that looked suspiciously like it (Norfolk Southern). In the fourth quarter of 2018, CSX's OR was 60.3 percent, which is a 400 basis point improvement over the 60.7 percent posted in the fourth quarter of 2017. The outlook for 2019 that was to be delivered later Wednesday afternoon on the earnings call by CEO James Foote calls for the full year 2019 operating ratio to outperform the target of 60 percent that was set for 2020.
- Zacks•yesterday
Norfolk Southern (NSC) Earnings Expected to Grow: Should You Buy?
Norfolk Southern (NSC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Market Realist•yesterday
Will Union Pacific Keep Its Streak Alive This Earnings Season?
Will Union Pacific Keep Its Streak Alive This Earnings Season?Fourth-quarter expectationsUnion Pacific (UNP) is scheduled to report its fourth-quarter earnings results on January 24. The US railroad company has an impressive record of beating
- Market Realist•yesterday
What to Expect from Norfolk Southern’s Q4 Results
What to Expect from Norfolk Southern’s Q4 ResultsFourth-quarter expectationsNorfolk Southern (NSC) is scheduled to report its fourth-quarter results on January 24. The US railroad company has an impressive earnings surprise history. The company
- Market Realist•yesterday
CSX’s Q4 Earnings Beat Expectations on Higher Pricing and Volumes
CSX’s Q4 Earnings Beat Expectations on Higher Pricing and VolumesCSX surpassed expectationsCSX (CSX) reported better-than-expected results for the fourth quarter. Moreover, the company’s quarterly revenues and EPS improved significantly on a YoY
- Simply Wall St.•2 days ago
Why We Think Norfolk Southern Corporation (NYSE:NSC) Could Be Worth Looking At
Attractive stocks have exceptional fundamentals. In the case of Norfolk Southern Corporation (NYSE:NSC), there's is a highly-regarded dividend-paying company with a a great track record of delivering benchmark-beating performance. Below Read More...
- Markit•3 days ago
See what the IHS Markit Score report has to say about Norfolk Southern Corp.
# Norfolk Southern Corp ### NYSE:NSC View full report here! ## Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short 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 flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $11.59 billion over the last one-month into ETFs that hold NSC are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Neutral The current level displays a neutral indicator. NSC credit default swap spreads are within the middle of their range for the last three years. 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.
- Market Realist•3 days ago
Kansas City Was the Lowest Rail Traffic Volume Gainer in Week 1
US Railroads Kick-Start 2019 with Strong Traffic Growth(Continued from Prior Part)Rail trafficKansas City Southern’s (KSU) rail traffic in Week 1 increased 1% YoY to 35,468 railcars from 35,114 railcars. The company’s rail traffic growth rate
- Benzinga•4 days ago
Intermodal Rail Taking Growing Share Of Containers Out Of NY-NJ Ports
Intermodal rail is taking a growing share of container traffic coming out of the largest U.S. East Coast port as more heavy freight moves across the docks and trucking costs rise. Rail volume at the Port of New York and New Jersey saw a 14 percent rose in the period between January to November 2018, reaching 593,806 containers, the Port Authority of New York and New Jersey said. The November tally of 53,609 containers is the ninth month in a row that volumes have been above 50,000 containers, the port noted.
- Market Realist•4 days ago
How Canadian Pacific’s Rail Traffic Trended in Week 1
US Railroads Kick-Start 2019 with Strong Traffic Growth (Continued from Prior Part) ## Canadian Pacific’s rail traffic Canadian Pacific Railway (CP) reported 5% YoY total traffic volume growth in the first week of 2019. The company carried 43,636 railcars compared to 41,541 units in Week 1 of 2018. The company’s rail traffic growth was the second lowest among all of Class I railroad companies (XTN). Norfolk Southern (NSC) had the highest rail traffic gains of 15.8% during the week. On the other hand, Kansas City Southern (KSU) reported the lowest traffic gain of 1% for the first week of 2019. ## Carloads and intermodal traffic Canadian Pacific’s carload traffic grew 8.9% YoY to 29,576 compared to 27,165 units in the first week of 2018. The commodity groups excluding coal accounted for 81% of total carloads. Coal carloads contributed 19% to the total carloads. Commodity group traffic other than coal rose 8.4% YoY to 24,083 railcars in the week from 22,212 units in Week 1 of 2018. Moreover, coal carloads increased 10.9% YoY to 5,493 railcars from 4,953 units. Commodities excluding coal that reported notable volume growth in the first week included energy, potash, forest products, fertilizer and sulfur, chemicals, and plastics. Commodities that recorded a YoY decline in the volumes were metals, minerals, and automotive. In the first week, Canadian Pacific registered a YoY decline of 2.2% in intermodal traffic. During the week, the company hauled 14,060 containers and trailers compared to 14,376 units in the same week last year. Unlike other railroad companies, Canadian Pacific doesn’t report container and trailer traffic separately. Apart from Canadian Pacific, BNSF Railway and CSX (CSX) also reported a YoY decline in their respective intermodal units. Now, we’ll look at Kansas City Southern’s rail traffic performance. Continue to Next Part Browse this series on Market Realist: * Part 1 - US Railroads Kick-Start 2019 with Strong Traffic Growth * Part 2 - Norfolk Southern Was Top Traffic Volume Gainer in First Week * Part 3 - CSX Reported Strong Carload Traffic Growth in Week 1
- Market Realist•4 days ago
Uptrend in Union Pacific’s Rail Traffic Continued
US Railroads Kick-Start 2019 with Strong Traffic Growth (Continued from Prior Part) ## Strong intermodal traffic growth Union Pacific’s (UNP) rail traffic volumes rose 5.9% YoY to 139,243 units in the first week of 2019 driven mainly by strong growth in intermodal units. Its rail traffic gain was higher than the US railroad (IYT) companies’ overall 4.8% gain during the same period. During the week, Union Pacific’s intermodal traffic grew 8.8% YoY to 58,320 containers and trailers from 53,582 units in the same period of the previous year. The company moved 55,515 containers in the week compared to 51,007 containers in the same week in 2018. Moreover, the railroad company’s trailer volumes expanded 8.9% YoY to 2,805 units compared to 2,575 units in Week 1 of 2018. Union Pacific’s intermodal volume gain was the highest among all Class I railroad companies followed by Norfolk Southern (NSC), which reported 8.7% YoY gains. BNSF Railway, Canadian Pacific (CP), and CSX (CSX) reported a decline in intermodal traffic. ## Carload traffic Union Pacific’s carload traffic increased 3.9% YoY in the first week. The company carried 80,923 railcars excluding intermodal units compared to 77,873 carloads in the same period last year. Commodities excluding coal and coke posted a 6.5% YoY increase in traffic to 60,671 railcars from 56,972 railcars. However, coal and coke traffic fell 3.1% YoY in Week 1 to 20,252 carloads from 20,901 carloads in the same week of 2018. Commodities excluding coal and coke that reported notable volume growth in Week 1 included chemicals, grain, non-metallic minerals, petroleum products, and metal products. Commodities other than coal and coke that recorded YoY falls in volumes in Week 1 were metallic minerals, and motor vehicles and equipment. Next, we’ll discuss Canadian Pacific’s rail traffic performance. Continue to Next Part Browse this series on Market Realist: * Part 1 - US Railroads Kick-Start 2019 with Strong Traffic Growth * Part 2 - Norfolk Southern Was Top Traffic Volume Gainer in First Week * Part 3 - CSX Reported Strong Carload Traffic Growth in Week 1
- Market Realist•4 days ago
Analysts Predict Double-Digit Growth in Kansas City’s Q4 EPS
Analysts Predict Double-Digit Growth in Kansas City’s Q4 EPS ## Fourth-quarter expectations Kansas City Southern (KSU) is slated to report fourth-quarter results on January 18. For the quarter, Wall Street analysts project EPS to grow 13% YoY to $1.56, mainly driven by higher revenues and lower taxes. However, increased operating expenses are likely to partially offset the growth in bottom-line results. Analysts forecast fourth-quarter revenues to increase ~5% YoY to $693.2 million mainly due to higher carload volumes. According to weekly rail traffic data released by the company, Kansas City Southern has reported improvement in volumes in almost every week of the fourth quarter. A strong economy has been driving rail traffic volumes. Furthermore, the effective tax rate for the company is anticipated to be slightly lower than the year-ago quarter. For the upcoming quarter, analysts forecast the tax rate to come in at 29.5%, down from 32.6% in the fourth quarter of 2017. Nonetheless, rising operating expenses may negatively impact the company’s bottom-line results. For the fourth quarter, analysts expect operating expenses to increase 4.9% YoY to $443.2 million. ## Full-year projections For the full year, Wall Street analysts project the company to report EPS of $5.97, 13.7% higher than the $5.25 it earned in 2017. Revenue for the year is expected to increase 5% YoY to $2.7 billion, while tax rates are expected to come down to 29.1% from 33.5% in 2017. The 2018 EPS of major US railroad companies (IYT) Union Pacific (UNP), Norfolk Southern (NSC), and CSX (CSX) are expected to increase 35.6%, 40%, 55%, respectively, on a YoY basis.
- Market Realist•4 days ago
CSX: Cost Initiatives, Lower Taxes Could Drive Its Q4 Earnings
CSX: Cost Initiatives, Lower Taxes Could Drive Its Q4 Earnings ## Fourth-quarter expectations CSX (CSX) is scheduled to report its fourth-quarter results on January 16. The US railroad company has an impressive record of beating analysts’ earnings estimates. The company beat analysts’ consensus estimates in all of the preceding four quarters with an average positive surprise of ~15%. CSX could continue its trend of reporting better-than-expected bottom-line results and witness strong double-digit quarterly earnings growth in the fourth quarter. CSX registered over 50% earnings growth in all of the preceding three quarters in 2018. For the fourth quarter, analysts expect an adjusted EPS of $0.99 for CSX, which implies a rise of ~55% YoY (year-over-year). ## Driving factors Analysts expect higher revenues and implementing the PSR (Precision Scheduled Railroading) system to drive CSX’s fourth-quarter earnings higher. The reduced tax rate and lower outstanding shares could help the bottom-line results. For the fourth quarter, the company expects to report revenues of $3.13 billion—9.3% higher than the same quarter the previous year. Strong single-digit revenue growth will likely be driven by higher volumes and increased pricing. According to rail traffic data released by the company on January 2, CSX carried 3% higher railcars during the fourth quarter—compared to the same quarter the previous year. Carload and intermodal units have seen their traffic increase 3.5% and 2.3% YoY. The PSR principle helps railroad companies reduce network complexity and improve operational efficiency. Therefore, the implementation will likely reduce CSX’s operating expenses and improve the operating ratio (operating expenses as a percentage of revenues). During the third quarter, the company’s operating ratio improved to 58.7% from 68.4% in the same quarter the previous year. In the fourth quarter, the tax rate is projected to fall to 24.6% from 34.1% in the fourth-quarter of 2017 due to the enactment of the Tax Cuts and Jobs Act. Analysts expect the company’s aggressive share buyback program to bring down the number of outstanding shares to ~840 million from 896 million in the same quarter the previous year. ## Fiscal 2018 expectations For fiscal 2018, analysts expect the EPS to grow 66% YoY to $3.82 due to higher revenues, improved operating efficiency, lower taxes, and reduced share counts. The revenues in fiscal 2018 will likely increase 7.2% YoY to $12.2 billion. Major US railroads (IYT) including Union Pacific (UNP), Norfolk Southern (NSC), and Kansas City Southern’s (KSU) 2018 EPS will likely increase 35.6%, 40%, 13.7%, respectively, on a YoY basis.
- Market Realist•4 days ago
Strong Carloads Drove Canadian National’s Rail Traffic Higher
US Railroads Kick-Start 2019 with Strong Traffic Growth (Continued from Prior Part) ## Canadian National’s rail traffic Canadian National Railway (CNI) reported 9.3% YoY total traffic volume growth in the first week of 2019. The company moved 100,785 railcars compared to 92,235 wagons in Week 1 of 2018. The robust increase in carloads and intermodal units drove the railroad company’s overall rail traffic in Week 52. Canadian National was third in terms of traffic volume growth among all Class I railroad companies (IYT) in the week. Norfolk Southern (NSC) and CSX (CSX) were at the top two spots with YoY gains of 15.8% and 9.9%, respectively. ## Carloads and intermodal traffic Canadian National’s carload traffic grew 12.6% YoY to 60,011. The company remained the fourth-highest carload traffic gainer in Week 52 after Norfolk Southern, CSX, and BNSF Railway’s gains of 24.4%, 18.4%, and 17.5%, respectively. Commodities excluding coal and coke accounted for 89% of Canadian National’s total carloads in Week 1. Coal and coke railcars accounted for the remaining 11% of total carloads. Commodities’ carloads excluding coal and coke grew 13% YoY in Week 1 to 53,461 railcars from 47,290 railcars in Week 1 of 2018. Coal and coke traffic soared 9.2% YoY to 6,550 railcars from 5,997 railcars. Excluding coal and coke, commodities that reported notable volume growth in the week included petroleum, chemicals, grain, automotive, and metals and minerals. The commodity that recorded a YoY decline in Week 1 volumes was forest products. Canadian National’s intermodal units grew 4.7% YoY in Week 1. The company hauled 40,774 containers in the week compared to 38,948 containers in the same week of the previous year. Union Pacific (UNP) posted the highest intermodal traffic growth of 8.8% in the first week of 2019. Next, we’ll discuss Union Pacific’s rail traffic. Continue to Next Part Browse this series on Market Realist: * Part 1 - US Railroads Kick-Start 2019 with Strong Traffic Growth * Part 2 - Norfolk Southern Was Top Traffic Volume Gainer in First Week * Part 3 - CSX Reported Strong Carload Traffic Growth in Week 1
- Market Realist•7 days ago
CSX Reported Strong Carload Traffic Growth in Week 1
US Railroads Kick-Start 2019 with Strong Traffic Growth (Continued from Prior Part) ## Strong carload traffic growth CSX’s (CSX) cumulative rail traffic rose 9.9% YoY to 98,954 units in Week 1 due to strong growth in its carloads. The company posted 18.4% YoY carload traffic growth in Week 1. CSX hauled 60,134 railcars excluding intermodal units in the week compared to 50,777 wagons in Week 1 of 2018. Compared to US rail carriers’ overall 6.2% carload gains, CSX’s carload traffic saw much higher gains during the week. The company’s carload traffic growth was the second highest among Class I railroad carriers (XLI) after Norfolk Southern (NSC), which witnessed a 24.4% increase in carload traffic in the first week. CSX’s commodity group carloads except coal and coke accounted for 75% of its total carload traffic in the week. The company’s coal and coke traffic made up the remaining 25% of its total carloads. The traffic of commodity groups excluding coal and coke grew 13.6% YoY in Week 1 to 44,979 railcars from 39,590 railcars. Moreover, coal and coke traffic jumped 35.5% YoY to 15,155 units from 11,187 units. Commodities excluding coal and coke that reported remarkable volume growth in the first week included chemicals, grain, farm products, petroleum and petroleum products, metal products, and metallic ores. Commodities other than coal and coke that recorded a YoY fall in volumes in Week 1 were nonmetallic minerals and motor vehicles and parts. ## Intermodal units During the first week of 2019, CSX’s intermodal units fell 1.1% YoY. During the week, the company hauled 38,820 units compared with 39,243 units in Week 1 of 2018. Its container traffic inched down 1.3% YoY to 36,961 units in Week 1 from 37,439 units in Week 1 of 2018. However, trailer volumes for the week grew 3% YoY to 1,859 units from 1,804 units. Apart from CSX, BNSF Railway and Canadian Pacific (CP) also registered a decline in their respective intermodal traffic. Union Pacific (UNP) was the top gainer with intermodal volume gains of 8.8%. Next, we’ll discuss Canadian National’s rail traffic performance. Continue to Next Part Browse this series on Market Realist: * Part 1 - US Railroads Kick-Start 2019 with Strong Traffic Growth * Part 2 - Norfolk Southern Was Top Traffic Volume Gainer in First Week * Part 4 - Strong Carloads Drove Canadian National’s Rail Traffic Higher
Market Realist•7 days agoNorfolk Southern Was Top Traffic Volume Gainer in First Week
Norfolk Southern (NSC) reported the highest traffic volume growth among all of the Class I railroads (XTN) for the first week of 2019. The company posted a 15.8% YoY increase in its rail traffic volumes driven primarily by robust growth in carloads and intermodal units. The Eastern US railroad company carried 126,263 total units compared to 109,066 units in the same week of the previous year.
Motley Fool•8 days agoWhy CSX, Union Pacific, and Norfolk Southern Fell More Than 10% in December
The railroad sector is front and center of the debate on the industrial economy in 2019.
- Benzinga•8 days ago
Union Pacific: We Had A Very Good December After All, And Our OR Will Tick Up
Union Pacific (NYSE: UNP) had a strong enough December that it now believes its full-year operating ratio for 2018 will be improved. In a Wednesday 8-K filing with the Securities and Exchange Commission, Union Pacific said it expects to report a "record full-year" operating ratio of 62.7 percent. On November 29, at a conference held by Stephens Inc., UP executive vice president and COO Robert Knight said there would be no improvement in operating revenue for full-year 2018 operations.
