Are Things Looking Up For Norfolk Southern Corp. (NYSE: NSC)?

After Hours

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Stocks Info

The company is listed on the NYSE and operates within the Railroads industry segment. The current market capitalization of Norfolk Southern Corp. is $48.29B. A total of 1.28 million shares were traded on the day, compared to an average of 1.32M shares.

In the most recent transaction, Fahmy Sameh bought 2,000 shares of NSC for 219.25 per share on Jun 14 ’24. After the transaction, the Director now owns 7,000 company shares. In a previous transaction on Jun 03 ’24, Fahmy Sameh bought 1,500 shares at 222.17 per share. NSC shares that Director owns now total 5,000.

Among the insiders who bought shares, Fahmy Sameh acquired of 500 shares on May 31 ’24 at a per-share price of $222.20. This resulted in the Director holding 3,500 shares of NSC after the transaction. In another insider transaction, Huffard John C Jr bought 3,398 shares at $219.92 per share on May 30 ’24. Company shares held by the Director now total 3,398.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Norfolk Southern Corp. pays an annual dividend of $5.40, resulting in a dividend yield of 2.53%, and it has a price to earnings (P/E) ratio of 34.36. NSC’s most recent ex-dividend date was 5/2/2024 when it declared a $1.35 quarterly dividend that was paid in cash on 5/20/2024. Previously, the company paid the dividend on 2/20/2024 with an ex-dividend date of 2/1/2024. The NSC stock dividend was $1.35 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, NSC has a high of $263.66 and a low of $183.09.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s 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 $55.49, while its Total Shareholder’s Equity was $13.64B.

Analysts Opinion

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. 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 4.05.

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