|Bid||185.00 x 1000|
|Ask||190.68 x 1000|
|Day's Range||188.44 - 191.91|
|52 Week Range||138.65 - 211.46|
|Beta (5Y Monthly)||1.37|
|PE Ratio (TTM)||18.50|
|Earnings Date||Jan 22, 2020 - Jan 27, 2020|
|Forward Dividend & Yield||3.76 (1.97%)|
|1y Target Est||203.57|
Today we'll take a closer look at Norfolk Southern Corporation (NYSE:NSC) from a dividend investor's perspective...
If you're lucky enough to see the Kentucky Derby - standing-room tickets for May's 146th running recently sold for $89 online - you can wager a few bucks and perhaps take away a small profit for your memories. But it's possible to play the Derby another way: as a shareholder. Had you wagered $1,000 a year ago on the owner of Churchill Downs, you'd have $1,487, for a return of nearly 49%. Not bad.You also can own a piece of the storied Empire State Building, deemed one of the Seven Wonders of the Modern World by the American Society of Civil Engineers, which includes marvels such as the Golden Gate Bridge, the Panama Canal and the Chunnel from England to France. Maybe country music's hallowed Grand Ole Opry strikes a chord. Or what about the world's most popular sports franchise?For investors with a yen for a little history along with their returns, we've put together a list of investible famous landmarks and the nine publicly traded companies that own them. Overall, the bull market has been so grand for property and entertainment investors that if the stock collection below were an equal-weighted portfolio, it would have a one-year return of 20.9% and a five-year gain of 85.1%.Not all of our picks have been big winners of late - some are being refurbished as landmarks and as investments, and might be more suited to bargain hunters comfortable with turnarounds. But all of these stocks will give you some bragging rights when you visit the landmark in question. SEE ALSO: Every Warren Buffett Stock Ranked: The Berkshire Hathaway Portfolio
The Georgia chapter of the National Association of Office and Industrial Properties (NAIOP) has awarded the organization’s 2019 Office Deal of the Year.
FreightWaves occasionally posts high-quality content from partner publications in the freight industry. Norfolk Southern (NYSE: NSC) wants to double-stack its trains as they move through Pittsburgh, but residents in the north side of the city are stacking up arguments and fighting back. A mediator has been appointed to represent the residents in Pittsburgh's north side as talks continue with Norfolk Southern (NS).
The Humane Society first put the headquarters site on the market more than two years ago. It has roots on the site dating back to the 1930s.
FreightWaves SONAR already houses a rapidly growing research library of mostly long-form white papers covering industry topics like freight broker compensation, digital freight brokerage valuation, pricing power indexes, the performance of publicly traded transportation companies, and the cause of trucking carrier bankruptcies. All of that of research will be made available to Passport members. "Empirical research has always been the missing link in transportation and logistics," said Kevin Hill, director of research at FreightWaves.
Norfolk Southern (NYSE: NSC) is making changes to its tariffs governing demurrage and accessorial charges, the railroad said on Dec. 1 in an operations update. Norfolk Southern (NS) is implementing a new tiered demurrage and storage structure to address cars that are held for seven days or longer, NS said. NS also said it has made tariff changes on accessorial charges, effective January 1, 2020.
We at Insider Monkey have gone over 752 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of September 30th. In this article, we look at what those funds think of Norfolk Southern Corp. (NYSE:NSC) based on that […]
Does ServiceNow Inc (NYSE:NOW) represent a good buying opportunity at the moment? Let’s quickly check the hedge fund interest towards the company and compare it against its peers like Norfolk Southern Corp. (NYSE:NSC), Prudential Public Limited Company (NYSE:PUK), Micron Technology, Inc. (NASDAQ:MU), and Schlumberger Limited. (NYSE:SLB). Hedge fund firms constantly search out bright intellectuals and […]
Operations at Canadian National (NYSE: CNI) are returning to normal days after the railway and the Teamsters Canada Rail Conference (TCRC) announced a tentative end to an eight-day strike. TCRC said operations resumed at 6:00 a.m. local time across Canada on Nov. 27. Canadian National (CN) conductors, transpersons and yard workers went on strike on Nov. 19.
Norfolk Southern Corporation (NYSE: NSC) Chairman, President and Chief Executive Officer James A. Squires will make a presentation at:
Norfolk Southern (NSC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
We are positive about Kansas City Southern's (KSU) decision to hike its quarterly dividend. The company's cost management also bodes well.
The Dow Jones Transportation Average slumped 12 points, or 0.1%, in morning trading Tuesday, to buck the gains in the broader market indexes, with the shares of East-coast based railroad operators CSX Corp. and Norfolk Southern Corp. the biggest drags. The Dow Jones Industrial Average rose 39 points, or 0.1%. CSX's stock fell 1.3%, with the 98-cent price decline cutting the Dow transports' price by about 6 points; Norfolk's stock fell 0.5%, and the 95-cent price decline also shaved about 6 points of the Dow transports' price. CSX was downgraded by Deutsche Bank to hold from buy, and the stock price target was lowered to $74 from $82, citing a particular concern over lower coal shipments. In the note, analyst Amit Mehrotra wrote: "Importantly, this downgrade should not be extrapolated more broadly to our U.S. Transportation coverage universe, but rather specifically to Eastern rails (CSX and NSC), which have disproportionate exposure to export coal markets."
Some rail unions are becoming more vocal about the rail industry's practice of furloughing employees, saying the cuts in staffing that have resulted because of precision scheduled railroading (PSR) are stretching the workforce too thin. "Mass layoffs have been a disturbing and central component of PSR operations... Railroads may want us to believe these workers are extraneous, but it has become clear that reductions are simply about cutting costs, even if those cuts result in the degradation of safety," said the October 29 policy statement of the Transportation Trades Department (TTD) of the AFL-CIO, which is a coalition of 33 member unions. Furloughing employees is a long-standing practice of the freight railroads and serves as a means of adjusting staffing levels to meet demand.
As companies battle to attract the best talent, executives are giving employees unprecedented influence in real estate decisions. Today, corporate real estate directors don’t get to beat up on landlords for a great deal like they once did. “We are in an eternal war for talent and it’s driving decisions in all the markets,” Chris Dean, a senior vice president with Stream Realty, recently told an audience that included many top owners of Atlanta office properties.
NORFOLK, Va. , Nov. 7, 2019 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Marketing Officer Alan H. Shaw will make a presentation at: Stephens Nashville Investment ...
U.S. equities, including transportation stocks, were rallying to new record highs on Friday, pushing the S&P 500 up and over the 3,050 level for the first time. The move exits a long consolidation range going back to July and comes in the wake of better-than-expected employment data and a better-than-feared manufacturing report for October.Nonfarm payrolls clocked in at 128,000 vs. the 80,000 analysts were expecting despite the GM (NYSE:GM) strike that recently ended. * 7 Stocks to Buy in November The gains are coming across the board, with Apple (NASDAQ:AAPL) adding 2.4% and energy stocks moving on higher crude oil prices. But it's the transportation sector that's caught my eye, with the sector rallying nicely on expectations of an economic rebound as the Federal Reserve's three recent interest rate cuts filter through the economy:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Transportation Stocks: Union Pacific (UNP)Union Pacific (NYSE:UNP) shares are rising above their 200-day moving average, challenging the prior highs set earlier in the year near the $178-a-share threshold. Coverage on the stock was recently initiated by analysts at Wells Fargo, with a neutral rating.The company is expected to next report results on Jan. 16 before the bell. Analysts are looking for earnings of $2.18 per share on revenues of $5.4 billion. Investors have recently been focusing on improving operating efficiency for the industry amid cost reduction efforts. CSX (CSX)CSX (NASDAQ:CSX) shares are challenging resistance near their 200-day moving average, setting up a return to highs last seen in July near $80 -- which would be worth a gain of more than 10% from here. Investors recently celebrated a 1.9% improvement in its operating ratio on a year-over-year basis to 56.8%, a new company record. * 7 Dividend Stocks That Could Struggle to Continue Payout Hikes This was drive by an 8% cut to expenses driven by lower fuel spending and a smaller train fleet resulting in fewer accidents and repairs. UPS (UPS)UPS (NYSE:UPS) shares are climbing back up and over their 50-day moving average, setting up a run at the prior high near $124 and setting up a run at the all-time high near $128 set in early 2018. Coverage was also recently initiated by Wells Fargo analysts.The company is expected to next report results on Jan. 30 before the bell. Analysts are looking for earnings of $2.11 per share on revenues of $20.6 billion. Norfolk Southern (NSC)Norfolk Southern (NYSE:NSC) stock is rallying above its 200-day moving average, marking the latest in a long line of buyable pullbacks since a long-term uptrend started in early 2016. Wells Fargo analysts initiated coverage here as well with a $216 price target and a buy rating.The company is expected to next report results on Jan. 23 before the bell. Analysts are looking for earnings of $2.40 per share on revenues of $2.8 billion. Delta Airlines (DAL)Shares of Delta Airlines (NYSE:DAL) are poised to move up and over their 50-day moving average, setting up a run at the prior high near $63 set back in July. Better business fundamentals means more business and leisure travel for a company that has been able to avoid the fallout from Boeing's (NYSE:BA) 737 MAX problems. Delta didn't operate any of the aircraft in its fleet. * 10 Stocks to Buy Regardless of Q3 Earnings The company is expected to next report results on Jan. 14 before the bell. Analysts are looking for earnings of $1.36 per share on revenues of $11.4 billion.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Buy-and-Hold Stocks to Play Investing's Biggest Trends * 7 Stocks to Buy in November * 5 Strong Buy Stocks Under $5 With Massive Upside Potential The post 5 Transportation Stocks to Buy Now Â Â Â appeared first on InvestorPlace.
In September, the U.S. operations of the Class I railroads employed the fewest number of workers in years, according to data from the Surface Transportation Board. September's slump in headcount comes as U.S. rail volumes have trended downward all this year amid a weaker industrial economy and U.S. trade uncertainty. Year-to-date, U.S. rail traffic through September 30 totaled 20.25 million carloads and intermodal units, a 3.9% decrease from the same period in 2018, according to data from the Association of American Railroads.
Before the Canadian National (NYSE: CNI) or CSX (NASDAQ: CSX) rolled out precision scheduled railroading (PSR) under the leadership of the late E. Hunter Harrison, a much smaller terminal railroad company in the eastern United States was demonstrating aggressive cost reduction. It was Consolidated Railroad Corporation (Conrail). What Was Conrail? Actually, there were two companies named Conrail.
Cold, snowy weather will be the rule rather than the exception across many states the next few days, leading up to Halloween. While an all-out blizzard is unlikely – with roads closed and power outages ...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Norfolk Southern Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.