Norfolk Southern (NYSE: NSC) recently received a number of ratings updates from brokerages and research firms:

  • 1/29/2018 – Norfolk Southern was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $166.00 price target on the stock. According to Zacks, “Shares of Norfolk Southern have outperformed its industry over the past year. Ushering in further good news, the company reported better-than-expected revenues and earnings per share in the fourth quarter of 2017. Both metrics improved on a year-overyear basis. Overall volumes grew 5% on the back of impressive performances at key segments like coal and intermodal.The company is looking to cut costs in order to drive the bottom line. Adjusted operating ratio (operating expenses as a percentage of revenues) in the quarter improved to 170 basis points (year over year) 67.7%. Norfolk Southern aims to achieve an operating ratio of below 65% by 2020 or even earlier. The company's decision to increase its quarterly dividend payout by 18% is also encouraging. Automotive volume, however, decreased in the quarter due to sluggish vehicle production in the United States. “
  • 1/25/2018 – Norfolk Southern had its price target lowered by analysts at JPMorgan Chase & Co. from $154.00 to $151.00. They now have a “neutral” rating on the stock.
  • 1/25/2018 – Norfolk Southern had its price target raised by analysts at Morgan Stanley from $77.00 to $100.00. They now have an “underweight” rating on the stock.
  • 1/25/2018 – Norfolk Southern had its price target raised by analysts at Credit Suisse Group AG from $177.00 to $178.00. They now have an “outperform” rating on the stock.
  • 1/25/2018 – Norfolk Southern had its “outperform” rating reaffirmed by analysts at Cowen Inc. They now have a $165.00 price target on the stock, up previously from $143.00.
  • 1/24/2018 – Norfolk Southern was upgraded by analysts at Royal Bank of Canada from an “underperform” rating to a “sector perform” rating.
  • 1/17/2018 – Norfolk Southern had its “buy” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $177.00 price target on the stock.
  • 1/15/2018 – Norfolk Southern had its “hold” rating reaffirmed by analysts at Cleveland Research.
  • 1/12/2018 – Norfolk Southern was upgraded by analysts at Scotiabank from a “sector perform” rating to a “buy” rating. They now have a $165.00 price target on the stock.
  • 1/12/2018 – Norfolk Southern had its price target raised by analysts at Loop Capital to $144.00. They now have a “sell” rating on the stock.
  • 1/9/2018 – Norfolk Southern had its “sell” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $137.00 price target on the stock.
  • 1/8/2018 – Norfolk Southern had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $156.00 price target on the stock.
  • 12/31/2017 – Norfolk Southern was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.

Shares of Norfolk Southern Corp. (NYSE:NSC) opened at $138.22 on Monday. The company has a quick ratio of 0.76, a current ratio of 0.84 and a debt-to-equity ratio of 0.56. The stock has a market cap of $39,254.09, a PE ratio of 7.38, a PEG ratio of 1.37 and a beta of 1.29. Norfolk Southern Corp. has a fifty-two week low of $109.27 and a fifty-two week high of $157.15.

Norfolk Southern (NYSE:NSC) last issued its earnings results on Wednesday, January 24th. The railroad operator reported $1.69 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.56 by $0.13. The company had revenue of $2.67 billion for the quarter, compared to analysts’ expectations of $2.66 billion. Norfolk Southern had a net margin of 51.22% and a return on equity of 14.16%. Norfolk Southern’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.42 EPS. analysts predict that Norfolk Southern Corp. will post 8.43 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Saturday, March 10th. Stockholders of record on Friday, February 2nd will be issued a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.08%. This is a boost from Norfolk Southern’s previous quarterly dividend of $0.61. The ex-dividend date is Thursday, February 1st. Norfolk Southern’s dividend payout ratio is presently 15.38%.

In other news, VP Thomas E. Hurlbut sold 6,175 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $129.61, for a total value of $800,341.75. Following the sale, the vice president now directly owns 7,568 shares of the company’s stock, valued at approximately $980,888.48. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Thomas E. Hurlbut sold 2,370 shares of the company’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $134.71, for a total transaction of $319,262.70. Following the completion of the transaction, the vice president now owns 6,370 shares in the company, valued at approximately $858,102.70. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 19,012 shares of company stock worth $2,690,734. 0.36% of the stock is owned by insiders.

Norfolk Southern Corporation is a holding company engaged in the rail transportation business. As of December 31, 2016, the Company operated approximately 19,500 miles of road primarily in the East and Midwest. The Company is engaged in the rail transportation of raw materials, intermediate products and finished goods primarily in the Southeast, East and Midwest.

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