There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Norfolk Southern Corp. (NSC) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$3.61, or -1.83%, to $193.27. The Norfolk Southern Corp. has recorded 23,624 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Norfolk Southern to present at the Stephens Annual Investment Conference.
This NYSE-listed company operates within the Railroads industry segment, falling under the Industrials sector. At the end of the last regular session, the stock closed at $196.88 and fluctuated between $197.19 as its day high and $193.82 as its day low. The current market capitalization of Norfolk Southern Corp. is $44.52B. A total of 1.21 million shares were traded on the day, compared to an average of 1.19M shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, NSC has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 44 BUYs and 54 SELLs from insiders. Insiders purchased 56,681 shares during that period but sold 46,983.
In the most recent transaction, Shaw Alan H. sold 2,000 shares of NSC for 209.55 per share on Jun 01. After the transaction, the President & CEO now owns 30,654 company shares. In a previous transaction on Mar 01, Shaw Alan H. sold 2,000 shares at 224.16 per share. NSC shares that President & CEO owns now total 32,776.
Among the insiders who sold shares, Squires James A disposed of 21,272 shares on Dec 08 at a per-share price of $245.76. This resulted in the Director holding 1,001 shares of NSC after the transaction. In another insider transaction, Shaw Alan H. sold 2,000 shares at $258.35 per share on Dec 01. Company shares held by the President & CEO now total 30,158.
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Norfolk Southern Corp. pays an annual dividend of $5.41, resulting in a dividend yield of 2.75%, and it has a price to earnings (P/E) ratio of 21.57. NSC’s most recent ex-dividend date was 11/2/2023 when it declared a $1.35 quarterly dividend that was paid in cash on 11/30/2023. Previously, the company paid the dividend on 8/21/2023 with an ex-dividend date of 8/3/2023. The NSC stock dividend was $1.35 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for NSC in the last 3 months, the mean price target is $225.29 with high estimates of $264.00 and low estimates of $170.00. In terms of 52-week highs and lows, NSC has a high of $261.71 and a low of $183.09.
As of this writing, NSC has an earnings estimate of $2.69 per share for the current quarter. EPS was calculated based on a consensus of 23 estimates, with a high estimate of $2.93 per share and a lower estimate of $2.49. The company reported an EPS of $3.32 in the last quarter, which was 6.40% higher than expectations of $3.12.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. NSC’s latest balance sheet shows that the firm has $839.00M in Cash & Short Term Investments as of fiscal 2021. There were $13.84B in debt and $2.52B in liabilities at the time. Its Book Value Per Share was $55.78, while its Total Shareholder’s Equity was $13.64B.
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, 0 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 Buy with a score of 3.87.