After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Earlier, Yahoo Finance discussed this stock as it revealed Norfolk Southern to announce Q4 2023 earnings results on January 26, 2024.
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Stocks Info
Norfolk Southern Corp. is listed on the NYSE in the Industrials sector while operating in the Railroads industry. The current market capitalization of Norfolk Southern Corp. is $54.31B. A total of 1.66 million shares were traded on the day, compared to an average of 1.20M shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, NSC has seen 4 BUY and 3 SELL insider trades, representing the acquisition of 4,352 and the disposition of 3,263 shares. Over the last 12 months, there were 48 BUYs and 49 SELLs from insiders. Insiders purchased 61,033 shares during that period but sold 26,847.
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.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Norfolk Southern Corp. pays an annual dividend of $5.41, resulting in a dividend yield of 2.25%, and it has a price to earnings (P/E) ratio of 26.31. 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.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for NSC in the last 3 months, the mean price target is $242.83 with high estimates of $272.00 and low estimates of $185.00. In terms of 52-week highs and lows, NSC has a high of $259.67 and a low of $183.09.
As of this writing, NSC has an earnings estimate of $2.86 per share for the current quarter. EPS was calculated based on a consensus of 22 estimates, with a high estimate of $3.03 per share and a lower estimate of $2.73. The company reported an EPS of $2.95 in the last quarter, which was -5.10% lower than expectations of $3.11.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. NSC’s latest balance sheet shows that the firm has $839.00M in Cash & Short Term Investments as of fiscal 2021. There were $14.25B 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.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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 3.96.
