Media stories about Norfolk Souther Corporation (NYSE:NSC) have trended somewhat positive recently, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Norfolk Souther Corporation earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave press coverage about the railroad operator an impact score of 46.4565012023498 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Norfolk Southern Announces Expiration Of Early Exchange Period Of Previously Announced Exchange Offers And Increase In Aggreg… (ih.advfn.com)
- IHS Markit Score Update: Rise in demand for ETFs holding Norfolk Southern Corp is a positive for its shares (finance.yahoo.com)
- ETFs with exposure to Norfolk Southern Corp. : August 11, 2017 (finance.yahoo.com)
- Norfolk Southern Announces Expiration Of Early Exchange Period Of Previously Announced Exchange Offers And Increase In Aggregate Principal Amount Of New Notes To Be Issued To $750,000,000 (finance.yahoo.com)
- BNSF Railway’s Intermodal Supported Freight Growth in Week 30 (finance.yahoo.com)
NSC has been the subject of several recent analyst reports. Cowen and Company reissued a “buy” rating and issued a $130.00 price target on shares of Norfolk Souther Corporation in a report on Tuesday, July 11th. Zacks Investment Research raised Norfolk Souther Corporation from a “hold” rating to a “buy” rating and set a $133.00 price target for the company in a report on Tuesday, June 13th. ValuEngine raised Norfolk Souther Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. UBS AG reissued a “buy” rating and issued a $138.00 price target (up from $135.00) on shares of Norfolk Souther Corporation in a report on Friday, April 28th. Finally, Deutsche Bank AG raised their price target on Norfolk Souther Corporation from $126.00 to $132.00 and gave the company a “buy” rating in a report on Friday, April 28th. Four equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $112.65.
Shares of Norfolk Souther Corporation (NYSE:NSC) opened at 116.56 on Friday. The stock has a 50 day moving average price of $118.78 and a 200-day moving average price of $118.14. The stock has a market cap of $33.59 billion, a P/E ratio of 18.94 and a beta of 1.33. Norfolk Souther Corporation has a 12 month low of $88.07 and a 12 month high of $125.31.
Norfolk Souther Corporation (NYSE:NSC) last announced its earnings results on Wednesday, July 26th. The railroad operator reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.06. Norfolk Souther Corporation had a net margin of 17.66% and a return on equity of 14.45%. The company had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same period in the previous year, the business earned $1.36 EPS. The company’s revenue was up 7.5% on a year-over-year basis. On average, analysts forecast that Norfolk Souther Corporation will post $6.32 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, September 11th. Shareholders of record on Monday, August 7th will be paid a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 2.09%. The ex-dividend date of this dividend is Thursday, August 3rd. Norfolk Souther Corporation’s dividend payout ratio (DPR) is currently 39.61%.
In other Norfolk Souther Corporation news, VP Thomas E. Hurlbut sold 802 shares of the business’s stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $116.54, for a total transaction of $93,465.08. Following the sale, the vice president now directly owns 4,300 shares of the company’s stock, valued at approximately $501,122. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.36% of the stock is owned by insiders.
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Norfolk Souther Corporation Company Profile
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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