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Tuesday, March 21, 2023

Analysts Point To Norfolk Southern Corporation (NYSE: NSC) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Norfolk Southern Corporation (NSC) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.38, or 0.17%, to $228.77. The Norfolk Southern Corporation has recorded 59,216 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Norfolk Southern joins FRA Close Call Reporting System.

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Stocks Info

As a NYSE listed company, NSC falls under the Industrials sector while operating within the Railroads industry segment. At the end of the last regular session, the stock closed at $228.39 and fluctuated between $229.43 as its day high and $226.79 as its day low. The current market capitalization of Norfolk Southern Corporation is $52.07B. A total of 1.5 million shares were traded on the day, compared to an average of 1.47M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, NSC has seen 38 BUY and 43 SELL insider trades, representing the acquisition of 53,920 and the disposition of 39,666 shares. Over the last 12 months, there were 42 BUYs and 57 SELLs from insiders. Insiders purchased 187,295 shares during that period but sold 222,754.

In the most recent transaction, Shaw Alan H. sold 2,000 shares of NSC for 224.16 per share on Mar 01. After the transaction, the President & CEO now owns 32,776 company shares. In a previous transaction on Dec 08, Squires James A sold 21,272 shares at 245.76 per share. NSC shares that Director owns now total 1,001.

Among the insiders who sold shares, Shaw Alan H. disposed of 2,000 shares on Dec 01 at a per-share price of $258.35. This resulted in the President & CEO holding 30,158 shares of NSC after the transaction. In another insider transaction, Shaw Alan H. sold 2,000 shares at $241.28 per share on Sep 01. Company shares held by the President & CEO now total 32,255.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Norfolk Southern Corporation pays an annual dividend of $5.40, resulting in a dividend yield of 2.36%, and it has a price to earnings (P/E) ratio of 16.45. NSC’s most recent ex-dividend date was 2/2/2023 when it declared a $1.35 quarterly dividend that was paid in cash on 2/21/2023. Previously, the company paid the dividend on 11/21/2022 with an ex-dividend date of 11/3/2022. The NSC stock dividend was $1.24 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for NSC in the last 3 months, the mean price target is $249.60 with high estimates of $289.00 and low estimates of $177.00. In terms of 52-week highs and lows, NSC has a high of $291.55 and a low of $203.65.

As of this writing, NSC has an earnings estimate of $3.23 per share for the current quarter. EPS was calculated based on a consensus of 24 estimates, with a high estimate of $3.55 per share and a lower estimate of $2.99. The company reported an EPS of $4.1 in the last quarter, which was 12.60% higher than expectations of $3.64.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 29 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NSC is Sell with a score of 3.60. A total of 10 analysts rated the stock as Buy while 0 rated it as Overweight while 17 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 1 thought it should be Sold.

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