Norfolk Southern
About: Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the rail hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.
Employees: 20,700
0
Funds holding %
of 6,780 funds
0
Analysts bullish %
of 22 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
41% more call options, than puts
Call options by funds: $236M | Put options by funds: $168M
28% more first-time investments, than exits
New positions opened: 165 | Existing positions closed: 129
23% more funds holding in top 10
Funds holding in top 10: 13 [Q2] → 16 (+3) [Q3]
12% more capital invested
Capital invested by funds: $37.6B [Q2] → $42.2B (+$4.54B) [Q3]
2% more funds holding
Funds holding: 1,534 [Q2] → 1,570 (+36) [Q3]
0.47% less ownership
Funds ownership: 76.91% [Q2] → 76.43% (-0.47%) [Q3]
18% less repeat investments, than reductions
Existing positions increased: 472 | Existing positions reduced: 579
Research analyst outlook
22 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$245
10%
downside
Avg. target
$284
4%
upside
High target
$316
16%
upside
22 analyst ratings
17 positive
77%
5 neutral
23%
0 negative
0%
Barclays Brandon Oglenski 58% 1-year accuracy 29 / 50 met price target | 12%upside $305 | Overweight Maintained | 13 Nov 2024 |
Citigroup Ariel Rosa 69% 1-year accuracy 11 / 16 met price target | 16%upside $316 | Buy Maintained | 12 Nov 2024 |
RBC Capital Walter Spracklin 73% 1-year accuracy 8 / 11 met price target | 3%upside $282 | Outperform Maintained | 23 Oct 2024 |
TD Cowen Jason Seidl 92% 1-year accuracy 24 / 26 met price target | 5%downside $259 | Hold Maintained | 23 Oct 2024 |
B of A Securities Ken Hoexter 63% 1-year accuracy 24 / 38 met price target | 7%upside $291 | Buy Maintained | 23 Oct 2024 |
Financial journalist opinion
Based on 9 articles about NSC published over the past 30 days
Positive
Seeking Alpha
6 days ago
My Favorite Dividend Stocks For The 'New World Order'
I explore the evolving “New World Order,” focusing on geopolitical changes and the U.S.'s strategic responses. This impacts global markets profoundly. Trump's pick for Treasury Secretary, Scott Bessent, aims to tackle U.S. debt and economic growth with his “3/3/3” plan—cut deficits, boost GDP, and increase oil output. Amid these shifts, I spotlight dividend stocks poised to thrive, emphasizing their resilience, strong yields, and growth potential in a changing economy.
Neutral
Zacks Investment Research
1 week ago
Norfolk Southern (NSC) Up 0.8% Since Last Earnings Report: Can It Continue?
Norfolk Southern (NSC) reported earnings 30 days ago. What's next for the stock?
Positive
Zacks Investment Research
1 week ago
3 Dividend Paying Railroad Stocks You May Count On
Here we pick three railroad stocks, Union Pacific (UNP), Canadian National (CNI) and Norfolk Southern (NSC), which have a solid five-year dividend growth history.
Neutral
PRNewsWire
2 weeks ago
Norfolk Southern to present at Stephens Annual Investment Conference
ATLANTA , Nov. 18, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) Executive Vice President and Chief Marketing Officer Ed Elkins and Executive Vice President and Chief Financial Officer Jason Zampi will participate in a fireside chat at the Stephens Annual Investment Conference. Details on joining to listen to the discussion follow below.
Positive
CNBC
2 weeks ago
Ancora, Norfolk Southern strike settlement deal to avert proxy fight
Norfolk Southern and activist investor Ancora struck a deal to avert a proxy fight at the railroad.
Neutral
PRNewsWire
2 weeks ago
Norfolk Southern to Add New Independent Director to Board via Cooperation Agreement with Shareholder Ancora
ATLANTA , Nov. 14, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) ("Norfolk Southern" or the "Company") today announced that it has entered into a cooperation agreement with Ancora Holdings Group, LLC (together with certain of its affiliates, "Ancora") after constructive engagement. Under the terms of the agreement, Norfolk Southern and Ancora will work together to identify an independent director to join the Company's Board of Directors (the "Board").
Neutral
Zacks Investment Research
2 weeks ago
Here's Why Investors Should Retain Norfolk Southern Stock Now
Norfolk Southern's bottom line is benefiting from robust cost-cutting initiatives. However, weak liquidity is a major headwind.
Neutral
Seeking Alpha
3 weeks ago
The Trump Dip - Here's What I'm Buying To Improve My Dividend Portfolio
My portfolio gained significantly post-election, driven by industrial and energy stocks, while REITs and tariff-prone companies faced pressure from rising rates and trade uncertainties. I see value in stocks like Canadian Pacific and select REITs, which were sold off prematurely due to investor overreaction. Regardless of political changes, my focus remains on building a resilient portfolio with reliable income through value investments and all-weather stocks.
Neutral
PRNewsWire
4 weeks ago
Norfolk Southern Names Joe Carpenter Vice President Law
ATLANTA , Nov. 4, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced the appointment of Joseph H. Carpenter IV as Vice President Law.
Positive
Seeking Alpha
1 month ago
A $6.8 Trillion Cash Trap? 2 Of My Favorite Dividend Picks For What's Next
With a major market cash flow shift underway, dividend stocks offer a smart choice for reliable returns, appealing to investors looking to maximize yield. These two top dividend stocks have strong fundamentals and growth potential, making them ideal as the market pivots and more cash rotates into income-focused investments. For investors seeking stable, long-term income, these picks stand out. They're built to weather economic shifts and reward with dependable, growing dividends.
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