208.38 +0.36 (0.17%)
After hours: 4:26PM EST
|Bid||205.25 x 800|
|Ask||208.18 x 800|
|Day's Range||207.03 - 210.39|
|52 Week Range||166.57 - 219.88|
|Beta (5Y Monthly)||1.34|
|PE Ratio (TTM)||20.30|
|Forward Dividend & Yield||3.76 (1.80%)|
|Ex-Dividend Date||Feb 05, 2020|
|1y Target Est||N/A|
Active traders often look to the transportation sector for clues about market direction. These charts suggest prices are headed higher.
When U.S. companies contemplate major expansions in the Sunbelt, Atlanta’s Midtown continues to emerge as a routine contender to land those projects. In a recent call with Wall Street analysts, Colin Connolly, president and CEO of Cousins Properties Inc. (NYSE: CUZ), one of the largest office landlords in the South, cited Midtown and downtown Austin as two of the region’s most rapidly urbanizing districts. A lower cost of doing business, cheaper taxes, fewer regulations — that’s been the economic development pitch in the Sunbelt for a while.
The new division, officially called Portman Residential, will look for opportunities in U.S. cities with strong university systems, talented labor forces, and booming economies.
Hala Moddelmog was the first woman to lead the influential organization that recruits companies to the 29-county metro Atlanta region.
Short line operator Regional Rail will be acquiring Carolina Coastal Railway, a 180-mile freight rail line located primarily in North Carolina. The acquisition, announced Monday by Regional Rail's parent ...
The yearly results for Norfolk Southern Corporation (NYSE:NSC) were released last week, making it a good time to...
With U.S. coal volumes facing a secular decline, U.S. Class I railroads are focused on making their intermodal and merchandise services competitive with the trucking market by revamping their strategy on interline lanes, judging from recent actions by the railroads. On Monday, Union Pacific (NYSE: UNP) told customers of its premium segment that it would open a number of domestic interline lanes originating on Union Pacific (UP) and destined for various points in the Eastern U.S. These lanes, which interchange with Norfolk Southern (NYSE: NSC) and CSX (NASDAQ: CSX) will be activated on Saturday. UP's premium segment includes its intermodal service.
Shares of Norfolk Southern Co. shot up 5.4% to a record high Wednesday, after the railroad operator reported a fourth-quarter profit that was well above expectations, although revenue fell slightly more than forecast. Net income declined to $666 million, or $2.55 a share, from $702 million, or $2.57 a share, in the year-ago period, beating the FactSet consensus of $2.28. Revenue fell 7% to $2.69 billion, just shy of the FactSet consensus of $2.70 billion, as volume declined 9%. Earnings were supported by a 5% drop in railway operating expenses to $1.7 billion, as declines in compensation and benefits, fuel costs, equipment rent and materials usage were partially offset by lower gains on property sales and increased purchased services expenses. CFRA analyst Jim Corridore reiterated his hold rating, but boosted his stock price target to $225 from $194, saying he believed valuations should benefit from "efforts to raise operating margins as it phases in precision scheduled railroading principles, which we think are a much more efficient and less costly way to operate; however, we think much of this valuation expansion has already occurred." The stock has hiked up 16.7% over the past three months, while the Dow Jones Transportation Average has tacked on 1.3% and the Dow Jones Industrial Average has gained 6.6%.
Railroad giant Norfolk Southern Corp.'s fourth-quarter profit declined 5% as the company hauled 9% less freight, officials said. Norfolk Southern (NYSE: NSC ) reported its operating and financial results ...
Norfolk Southern (NSC) delivered earnings and revenue surprises of 11.35% and -0.01%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
When we invest, we're generally looking for stocks that outperform the market average. And while active stock picking...
Norfolk Southern (NSC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Cost-control efforts are likely to have aided most transportation companies' Q4 to cope with low revenues caused by weak freight demand.
Sluggish volumes are likely to have hurt Norfolk Southern's (NSC) fourth-quarter 2019 performance. However, its bottom-line number is likely to reflect the positive impact of cost-control efforts.
Higher passenger revenues, courtesy of strong air travel demand, are anticipated to have aided Alaska Air Group's (ALK) Q4. Low fuel prices are a further boon.
UPS' fourth-quarter 2019 performance is likely to have been buoyed by the U.S. Domestic Package segment owing to strong e-commerce growth.
Norfolk Southern (NSC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The railroad industry is one of the major components of the transportation sector and is closely tied to the economy's growth. Railroad companies operate vast rail networks that transport agricultural products, packaged foods, commodities, electronics and other goods to companies and consumers. Big names in the sector include Union Pacific Corp. (UNP), Hong Kong-based MTR Corporation Ltd., and CSX Corp. (CSX).
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll apply a basic P/E...