Norfolk Southern (NSC) Expected to Announce Earnings on Wednesday

Norfolk Southern (NYSE:NSC) is expected to announce its earnings results before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $2.87 per share and revenue of $3.01 billion for the quarter. Norfolk Southern has set its FY 2025 guidance at EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

Norfolk Southern (NYSE:NSC) last issued its quarterly earnings data on Wednesday, January 29th. The railroad operator reported $3.04 earnings per share for the quarter, beating the consensus estimate of $2.97 by $0.07. Norfolk Southern had a net margin of 21.63% and a return on equity of 20.04%. On average, analysts expect Norfolk Southern to post $13 EPS for the current fiscal year and $15 EPS for the next fiscal year.

Norfolk Southern Stock Performance

Shares of NYSE NSC opened at $219.99 on Monday. The business’s 50-day simple moving average is $233.78 and its 200-day simple moving average is $245.74. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.82 and a current ratio of 0.90. Norfolk Southern has a 52 week low of $201.63 and a 52 week high of $277.60. The firm has a market cap of $54.24 billion, a price-to-earnings ratio of 19.03, a P/E/G ratio of 2.31 and a beta of 1.30.

Norfolk Southern Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Friday, February 7th were issued a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend was Friday, February 7th. Norfolk Southern’s dividend payout ratio (DPR) is presently 46.71%.

Wall Street Analysts Forecast Growth

NSC has been the topic of a number of recent research reports. Jefferies Financial Group decreased their price objective on Norfolk Southern from $285.00 to $260.00 and set a “buy” rating on the stock in a report on Wednesday, April 9th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Norfolk Southern in a research note on Friday, March 7th. They issued a “buy” rating and a $293.00 target price for the company. Royal Bank of Canada raised their price target on Norfolk Southern from $275.00 to $286.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. UBS Group lowered their target price on shares of Norfolk Southern from $305.00 to $284.00 and set a “buy” rating for the company in a report on Wednesday, April 2nd. Finally, Barclays lowered their price target on Norfolk Southern from $305.00 to $290.00 and set an “overweight” rating for the company in a research note on Wednesday, April 2nd. One research analyst has rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $268.79.

Insider Activity

In related news, Director Gilbert H. Lamphere acquired 607 shares of the firm’s stock in a transaction on Friday, January 31st. The shares were purchased at an average cost of $259.86 per share, for a total transaction of $157,735.02. Following the completion of the acquisition, the director now directly owns 2,487 shares in the company, valued at approximately $646,271.82. This trade represents a 32.29 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.06% of the stock is owned by insiders.

Hedge Funds Weigh In On Norfolk Southern

An institutional investor recently raised its position in Norfolk Southern stock. Brighton Jones LLC increased its stake in shares of Norfolk Southern Co. (NYSE:NSC) by 4.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,706 shares of the railroad operator’s stock after purchasing an additional 79 shares during the quarter. Brighton Jones LLC’s holdings in Norfolk Southern were worth $400,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 75.10% of the company’s stock.

Norfolk Southern Company Profile

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal.