NSC - Norfolk Southern Corporation
| Previous Close | 169.45 |
| Open | 170.88 |
| Bid | 172.04 x 800 |
| Ask | 172.08 x 800 |
| Day's Range | 169.92 - 172.57 |
| 52 Week Range | 125.59 - 186.91 |
| Volume | 588,771 |
| Avg. Volume | 1,795,936 |
| Market Cap | 48.305B |
| Beta (3Y Monthly) | 1.53 |
| PE Ratio (TTM) | 8.62 |
| EPS (TTM) | 20.00 |
| Earnings Date | Oct 24, 2018 |
| Forward Dividend & Yield | 3.20 (1.88%) |
| Ex-Dividend Date | 2018-08-03 |
| 1y Target Est | 187.41 |
Market Realist•2 hours agoCarload Growth Placed CSX’s Rail Traffic Gains Second Last Week
In Week 40, Eastern US major railroad company CSX (CSX) saw 6.6% YoY (year-over-year) carload traffic growth. The company hauled ~73,000 railcars sans intermodal units in the week compared to 68,400 units in the corresponding week of 2017.
Market Realist•3 hours agoIntermodal Volumes Drove Norfolk Southern’s Week 40 Rail Traffic
In Week 40, Eastern US rail giant Norfolk Southern (NSC) recorded a 3.5% YoY (year-over-year) fall in carload traffic. The company hauled ~67,900 railcars sans intermodal units in the week compared to ~70,400 in the corresponding week last year.
Market Realist•5 hours agoIntermodal Volumes Pushed Union Pacific’s Rail Traffic in Week 40
Major Western US railroad company Union Pacific (UNP) recorded a ~1% YoY (year-over-year) fall in Week 40 carload traffic. In the week, the company carried ~95,300 railcars sans intermodal units compared to ~96,300 in the comparable week of 2017.
Market Realist•21 hours agoSlow Growth in Week 40 US Rail Traffic Volumes—Trade War Effect?
On October 10, the AAR (Association of American Railroads) released the weekly traffic data for Week 40, which ended on October 6. The rail data are divided into carload traffic and intermodal units. Intermodal units are expressed in containers and truck trailers. There are 12 major North American railroad companies that submit weekly data to the AAR.
- Benzinga•yesterday
Susquehanna: Railroads Must Grow Volumes And FCF To Maintain Rich Valuations
This week, Class 1 railroads will begin reporting their third quarter earnings, beginning with CSX Corporation's (NASDAQ: CSX) call on Tuesday, October 16, after markets close. Ahead of those calls, Susquehanna Financial Group's transport equities analyst Bascome Majors published an optimistic Q3 preview note anticipating beats across the industry. A wave of cost-cutting has swept across the railroad sector, inspired by Hunter Harrison's spectacular results at Canadian National Railway (NYSE: CNI), Canadian Pacific Railway Limited (NYSE: CP), and CSX.
- American City Business Journals•yesterday
Mayor Bottoms to present new Gulch proposal to Atlanta City Council
The new plan will eliminate the planned 10-year extension of the Westside Tax Allocation District (TAD).
- American City Business Journals•4 days ago
Gov. Deal cements strong economic development legacy (Slideshow)
State officials say that since Gov. Deal took office, more than 40 new corporate headquarters or relocations have come to Georgia, with a total investment value of more than $357 million.
- Benzinga•6 days ago
CSX Sues Norfolk Southern; Says Access To A Small Key Hampton Roads Railroad is Being Blocked
A long-simmering dispute between CSX Corporation (NYSE: CSX) and its rival Norfolk Southern Corporation (NYSE: NSC) has landed in court, with CSX claiming that Norfolk Southern's control of a small railroad within the port of Hampton Roads is all but blocking CSX from launching any intermodal service from there. According to the case filed last week kin U.S. District Court for the Eastern District of Virginia, the focus of the suit is the Norfolk & Portsmouth Belt Line Railroad (NPBL). It is jointly owned by CSX and Norfolk Southern and was described in the suit as a "terminal switching railroad." According to the lawsuit, it was created in 1896 to be shared by many railroads, and ownership was distributed among many railroads, with none having a controlling interest.
Market Realist•6 days agoCSX Stayed in Second Place for Rail Traffic Growth in Week 39
CSX (CSX), a major Eastern US railroad, reported 5.9% YoY (year-over-year) growth in week 39 carload traffic. The company moved ~73,100 railcars excluding intermodal units in the week compared to 69,000 units in the same period last year.
Markit•6 days agoSee what the IHS Markit Score report has to say about Norfolk Southern Corp.
Norfolk Southern Corp NYSE:NSC
Market Realist•6 days agoCarloads Pulled Down Norfolk Southern’s Traffic Growth in Week 39
Norfolk Southern (NSC) is a major railroad in the Eastern United States. In week 39, Norfolk Southern recorded a 1.9% YoY (year-over-year) fall in carload traffic. The railroad carried ~69,700 railcars except for intermodal units in the week compared to ~71,000 in the same week last year.
- Zacks•7 days ago
Is Norfolk Southern (NSC) Stock Outpacing Its Transportation Peers This Year?
Is (NSC) Outperforming Other Transportation Stocks This Year?
- American City Business Journals•8 days ago
For MARTA transit expansion, now comes the hard part
“A friend of mine said a favorite expression in the Army was ‘You know what your reward is for taking that hill? The next hill,’” Ashe told Atlanta Business Chronicle in an interview following MARTA’s unanimous Oct 4 vote.
- Investor's Business Daily•9 days ago
Market Sell-Off Can't Derail These 4 Hot Dow Jones Transport Stocks
Rail stocks stand out in a weak market. Canadian National, Canadian Pacific, CSX, Union Pacific and more are on track amid a strong economy, a new trade deal and rising gas prices.
- Simply Wall St.•9 days ago
Are Norfolk Southern Corporation’s (NYSE:NSC) Interest Costs Too High?
There are a number of reasons that attract investors towards large-cap companies such as Norfolk Southern Corporation (NYSE:NSC), with a market cap of US$51.3b. Big corporations are much sought after Read More...
- Zacks•11 days ago
Why the Earnings Surprise Streak Could Continue for Norfolk Southern (NSC)
Norfolk Southern (NSC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- Zacks•12 days ago
Railroad Industry Outlook: Economy Boom to Retain the Upside
Railroad Industry Outlook: Economy Boom to Retain the Upside
- PR Newswire•13 days ago
Norfolk Southern to hold third-quarter 2018 earnings conference call Oct. 24
NORFOLK, Va. , Oct. 3, 2018 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its third-quarter financial results during a conference call and live internet webcast at 8:45 a.m. EDT ...
- Zacks•14 days ago
Norfolk Southern (NSC) Stock Up 25% in 9 Months: Here's Why
We expect volume growth and cost cuts to boost Norfolk Southern's (NSC) results in the third quarter of 2018.
Market Realist•15 days agoComparing Railroads’ Second-Quarter EPS Growth
The second quarter was one of the best quarters for major North American railroads (XLI) in terms of YoY (year-over-year) earnings growth. Their earnings were boosted by lower tax, pricing gains, stock buybacks, and reduced operating expenses. Let’s take a look at the companies’ adjusted EPS.
Market Realist•15 days agoThis Railroad’s Operating Margin Expanded the Most in Q2
In the railroad (IYT) industry, operating ratios are crucial. The wider a company’s operating margin, the higher its operating efficiency, and in turn, its performance. Recently, Union Pacific (UNP) announced that it has kickstarted its new operating strategy, Unified Plan 2020, which is expected to lower UNP’s operating expenses in future quarters. Let’s compare major railroads’ second-quarter operating margins.
Market Realist•15 days agoCarloads Pulled Norfolk Southern’s Volume Growth Down in Week 38
Week 38 was bad for Norfolk Southern’s (NSC) carload traffic. The company reported a 3.4% YoY (year-over-year) fall in carload traffic in the week. Compared to ~71,700 railcars sans intermodal in Week 38 of 2017, NSC hauled 69,300 railcars in Week 38 this year.
Market Realist•18 days agoWhich Railroad Saw the Highest Revenue Growth in Q2?
Freight volumes and pricing gains determine a railroad’s revenue growth. The second quarter turned out to be a good quarter for major US railroads’ top-line growth, with three railroads (XTN) reporting double-digit revenue growth. Let’s take a look.
Market Realist•18 days agoUnion Pacific Remained on Top in Week 38’s Rail Traffic Growth
Union Pacific’s (UNP) 7.3% YoY (year-over-year) rail traffic volume growth topped the performances of all Class I railroad companies in Week 38. The company reported 3.7% YoY carload traffic growth in the week. UNP hauled ~97,800 railcars excluding intermodal units in the week compared to ~94,300 in Week 38 of 2017.
Market Realist•18 days agoCould US Railroad Stocks Continue to Rise This Year?
US industrial output expanded 4.9% YoY (year-on-year) in August, marking the sharpest rise in US industrial production since December 2010. The rise in industrial output augurs well for the US railroad sector. According to the Association of American Railroads, US carload traffic was up 2% YoY (year-over-year), and intermodal traffic grew 6% YoY in the first 38 weeks of 2018.
