|Bid||189.00 x 1200|
|Ask||198.64 x 1100|
|Day's Range||196.54 - 201.07|
|52 Week Range||138.65 - 211.46|
|Beta (3Y Monthly)||1.44|
|PE Ratio (TTM)||19.78|
|Earnings Date||Jul 23, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||3.44 (1.69%)|
|1y Target Est||214.52|
A federal regulator is considering a wide array of actions they can take against railroads that are increasing fines against customers.
US Rail Traffic Fell in Week 20 Due to Intermodal Weakness(Continued from Prior Part)Norfolk Southern’s rail traffic improvedNorfolk Southern’s (NSC) rail traffic grew 0.6% YoY (year-over-year) in Week 20. The company hauled 156,347 railcars
US Rail Traffic Fell in Week 20 Due to Intermodal WeaknessRail traffic declinedUS railroad companies’ rail traffic volumes fell for the 17th consecutive week. On May 22, the Association of American Railroads reported that the overall rail traffic
NORFOLK, Va. , May 23, 2019 /PRNewswire/ -- Norfolk Southern has awarded 58 chemical customers its 2018 Thoroughbred Chemical Safety Award, a long-standing initiative to promote safe rail-shipping practices ...
Railroad Stocks: Analyzing the Earnings Performance in Q1(Continued from Prior Part)Analysts’ opinionThe analysts polled by Reuters have provided a bullish recommendation for most of the Class I railroad companies. However, analysts’ target
In the first day of the two-day Surface Transportation Board hearing, corporate giants from a range of industries accused the railroads of making rule-based fees unavoidable and unbearable.
Railroad Stocks: Analyzing the Earnings Performance in Q1(Continued from Prior Part)Railroads outperformed marketSo far, railroad stocks have made a remarkable run in 2019. Most of the railroad stocks have outperformed the broader market returns.
Railroad Stocks: Analyzing the Earnings Performance in Q1(Continued from Prior Part)Dividend paymentsConsistent dividend payments are one of US railroad companies’ key strategies to enhance shareholders’ return. Most of the companies have a long
Railroad Stocks: Analyzing the Earnings Performance in Q1(Continued from Prior Part)Cost-cutting initiativesMost US railroad companies registered an improvement in their operating ratio—a key metric to measure operational progress. The rate is
Railroad Stocks: Analyzing the Earnings Performance in Q1(Continued from Prior Part)Lower volumeMost of the US railroad companies have reported sluggish revenue growth due to lower rail traffic volume during the first quarter. Severe winter storms
Railroad Stocks: Analyzing the Earnings Performance in Q1Railroads beat earnings estimatesThe first-quarter reporting cycle is in the final stage. More than 90% of the S&P 500 members have already released their quarterly results. Among the
Downtrend in US Rail Traffic Persisted for 16th Straight Week(Continued from Prior Part)NSC’s rail trafficNorfolk Southern’s (NSC) rail traffic inched down 1% YoY (year-over-year) in Week 19. The company hauled 154,694 railcars during the week
Downtrend in US Rail Traffic Persisted for 16th Straight WeekRail traffic fell againUS railroad companies reported rail traffic declines for the 16th straight week. The Association of American Railroads reported on May 16 that overall rail traffic
Executives with eastern railroads CSX (NYSE: CSX) and Norfolk Southern (NYSE: NSC) expressed confidence this week that they can compete alongside trucks for e-commerce business. As customers such as Amazon.com, Inc. (NASDAQ: AMZN) and Walmart Inc (NYSE: WMT) explore the possibility of foregoing the middle man in favor of interacting more directly with the railroads, CSX will go along with the change, according to CSX chief executive officer Jim Foote at a May 15 investor conference sponsored by Bank of America Merrill Lynch.
NORFOLK, Va. , May 16, 2019 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Financial Officer Cynthia C. Earhart will present at: Wolfe Research 12 th Annual ...
Tech presented a plan for the demolition of two buildings at 828 and 830 West Peachtree on the northern end of Tech Square.
Norfolk Southern Corp NYSE:NSCView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low 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 | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding NSC totaled $8.45 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording 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. Credit worthinessCredit default swap | NeutralThe 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 email@example.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.
US Rail Traffic Downtrend Continued for the 15th Straight Week(Continued from Prior Part)NSC’s rail traffic fellNorfolk Southern’s (NSC) rail traffic fell 4.2% YoY (year-over-year) in Week 18. The company hauled 151,838 railcars during the week
US Rail Traffic Downtrend Continued for the 15th Straight WeekRail traffic fellOn May 8, the Association of American Railroads reported that the overall traffic for US railroad companies had fallen 2% in Week 18, which ended on May 4. Rail companies
It is the first time in more than 25 years that Norfolk Southern has held its annual meeting in Atlanta.
ATLANTA, May 9, 2019 /PRNewswire/ -- Norfolk Southern (NSC) in 2019 is reimagining possible in all aspects of its business to serve customers better, operate more efficiently, drive growth, and create shareholder value, CEO James A. Squires said today in remarks at the company's annual meeting of shareholders. "We are moving full speed ahead with a new plan for the future that provides a clear path to continued success – success that benefits our customers, our employees, and our shareholders," Squires said. Norfolk Southern's new three-year strategic plan, released in February, is driving transformational changes at the company, Squires said.
NORFOLK, Va. , May 8, 2019 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Financial Officer Cynthia C. Earhart will make a presentation at: 2019 Transportation ...
The Zacks Analyst Blog Highlights: Berkshire Hathaway, Merck, Charter Communications, Anthem and Norfolk Southern