NSC Norfolk Southern
- Price as of: Jan 26, 10:07 PM EST
NSC Stock Dividend DataAdd NSC to Watchlist
NSC Daily Snapshot
- Quote Time:
- Jan 26, 10:07 PM
- Today's Volume:
- Open Price:
- Day's Range:
- $101.46 - $107.28
- Previous Close:
- 52 Week Low / High:
- $89.33 - $117.64
- Percent Off 52 Week High:
NSC Dividend Growth History
Last 5 Yrs
Last 3 Yrs
|Reveal More Dividend Growth History for NSC||10.2%||8.8%||5 years|
NSC Dividend History
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NSC Company Profile
Norfolk Southern (NSC) is a holding company for the Norfolk Southern Railway which is a major Class I railroad system in the US. NSC focuses on rail transportation of raw materials, intermediate products, and finished goods. The company also transports overseas freight through many Atlantic and Gulf Coast ports. It provides logistics services and offers intermodal network in the eastern half of the United States. The company was founded in 1982, and is based in Norfolf, VA.
Norfolk Southern News
Thursday's Analyst Moves: Wal-Mart Stores, Inc., Bank of America Corp, Wells Fargo & Co, More (WMT, BAC, WFC, More)Oct 16, 2014Before Thursday’s opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst...
Jul 29, 2014Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
Wells Fargo Upgrades Norfolk Southern Corp. to "Outperform" on Lower Costs and Risks (NSC)Feb 3, 2014Wells Fargo reported that it has boosted its rating on Norfolk Southern Corp. (NSC) to "Outperform" due to reduced costs and manageable risks. The firm has upgraded NSC from "Market Perform" to "Outperform," and has maintained its valuation range of $101 to $104. This range suggests up to a 12% upside from the stock's current price of $92.59. Analyst Anthony P. Gallo commented: "We are upgrading the shares of NSC to Outperform from Market Perform with unchanged ests and a 6-12 month valuation range of $101-104. On 1/22/14 following the Q4 2013 earnings report, we raised our ests (2014E to $6.52 from $6.40 and 2015E to $7.46 from $7.20) and valuation range (from $97-101). The other Class 1 Railroads have subsequently reported 2013 results and we find NSC's better-than-peer performance on expense control appealing. In turn, we think this expense performance coupled with a modest improvement in volumes provides improved earnings visibility. Lastly, we think downside EPS risk from further deterioration in coal or potential adverse crude-by-rail regulations will not be material, all else being equal. Conversely, we see upside potential to ests if domestic utility coal were to rebound from more accommodating weather or gas-to-coal switching. With improved earnings visibility via the expense structure, manageable downside earnings risks, attractive valuation and 2%+ dividend yield, we now rate the shares Outperform." Norfolk Southern shares were mostly flat during pre-market trading on Monday.Expand to read the full story
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Norfolk Southern Misses EPS Estimates (NSC)Jul 23, 2013The Virginia-based railway transport company Norfolk Southern (NSC) reported quarterly operating results on Tuesday after the bell that fell short of the analysts' consensus. The transportation juggernaut posted Q2 EPS of $1.46, falling short of the widely expected $1.50 figure. The company reported operating revenues of $2.8 billion, which is about 3% lower compared with Q2 in 2012, with shipment volumes increasing by 2% as well. Wick Moorman, CEO, commented, "In the second quarter, Norfolk Southern delivered solid results, supported by growth in our chemicals, intermodal, and automotive businesses, despite continuing weakness in the coal markets," said CEO Wick Moorman. "We continue to focus on service efficiency and velocity, which is enabling us to control operating expenses and deliver superior performance to our customers". Norfolk Southern shares traded lower on Tuesday, shedding 0.66% on the day. The stock is up 24% YTD. The Bottom Line Shares of Norfolk Southern (NSC) have a 2.60% dividend yield based on Tuesday's closing price of $76.87. Norfolk Southern (NSC) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Deutsche Bank Downgrades Norfolk Southern to "Hold" (NSC)Jul 10, 2013Analysts at Deutsche Banks downgraded railroad operator Norfolk Southern Corp. (NSC) on Wednesday on a valuation call, since its year-to-date performance has outpaced the S&P 500. "The run-up was driven primarily by multiple expansion (NSC's NTM P/E multiple has expanded by 12% to 12.4x YTD, and NTM EPS estimates have been raised by 7%)," Deutsche Bank analyst Justin Yagerman commented. "However, we believe NSC's export coal outlook has deteriorated in recent weeks due to continued weak demand in Europe and some softening in Asia, particularly for its high margin met coal franchise. Moreover, we have tempered our crude-by-rail pricing (revenue/carload, or RPU) assumptions, which has served to reduce our expected earnings accretion from this traffic." The analysts at Deutsche Bank downgraded NSC from "Buy" to "Hold" and see shares reaching $83. This price target suggests a 12% upside to the stock's Tuesday closing price of $74.39. Furthermore, the firm lowered Norfolk Southern's 2014 EPS estimate to $6.38. Norfolk Southern shares were inactive during pre-market trading on Wednesday. The stock is up 17.54% year-to-date. The Bottom Line Shares of Norfolk Southern Corp (NSC) have a dividend yield of 2.69% based on last night's closing price of $74.39 and the company's annualized dividend payout of $2.00 per share. Norfolk Southern Corp. (NSC) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Norfolk Southern Sees Rise in Profits; Beats Estimates (NSC)Apr 24, 2013Railroad controller, Norfolk Southern Corp. (NSC) reported increased profits on Wednesday, which beat analysts estimates. The Norfolk, VA based company reported first quarter earnings of $450 million, or $1.41 per share, up 10% from $410 million, or $1.23 per share last year. Analysts expected to see earnings of $1.17 per share. The quarterly results included a $60 million sale of Michigan land. Revenue for the quarter declined -2% to $2.74 billion, from $2.79 billion last year. Analysts expected the company to report revenue of $2.78 billion. The company's coal revenue fell by -17% to $635 million as a result of a lower volume of shipments. On the upside, NSC saw an increase in shipments for chemicals and automobiles, which helped improve revenue for the company's general merchandise segment. Norfolk Southern shares were mostly flat during premarket trading Wednesday. The stock has increased 9% in the past year. The Bottom Line Shares of Norfolk Southern Corp. (NSC) have a 2.64% yield, based on Tuesday's closing price of $75.84. Norfolk Southern Corp. (NSC) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Jefferies Raises Price Target on Norfolk Southern (NSC)Apr 11, 2013Jefferies reported on Thursday that it has raised its price target on railroad transporter, Norfolk Southern Corp. (NSC) . The firm has maintained a "Buy" rating on NSC, and has increased the company's price target from $86 to $90. This price target suggest a 16% upside from the stock's current price of $75.83. An analyst from the firm commented, “transports rallied from 800 basis points of underperformance in 2012 to 670 basis points of outperformance in 1Q:13 into early signs of inventory restocking. While most indicators moderated in March, our unique diesel tracker reaccelerated late in the month. We await confirmation in other data in coming weeks, but for now we are inclined to stay the course: 2013 is still poised to be ‘The Year of Transports'!" Norfolk Southern shares were mostly flat during premarket trading Thursday. The stock has increased 12% in the past year. The Bottom Line Shares of Norfolk Southern Corp. (NSC) have a 2.64% yield, based on Wednesday's closing price of $75.83. Norfolk Southern Corp. (NSC) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Cowen Group Boosts Numbers on Norfolk Southern (NSC)Mar 19, 2013Analysts at Cowen increased earning estimates on railroad transporter Norfolk Southern Corp. (NSC) on Tuesday due to better-than-expected traffic and operational metrics. The analysts also raised the price target on NSC to $85. That target suggests a 13% upside to Monday's closing price of $75.11. Norfolk Southern shares were up 58 cents, or +0.77%, during morning trading on Tuesday. The stock is up +10.67% over the past twelve months. The Bottom Line Shares of Norfolk Southern (NSC) have a dividend yield of 2.63% based on Tuesday's intraday trading price of $75.92 and the company's annualized dividend payout of $2.00 per share. Norfolk Southern Corp. (NSC) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story