Norfolk Southern (NYSE:NSC) Receives News Impact Rating of 0.14

News stories about Norfolk Southern (NYSE:NSC) have been trending somewhat positive on Thursday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Norfolk Southern earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the railroad operator an impact score of 46.7044348682213 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Norfolk Southern traded down $0.70, reaching $153.47, during midday trading on Thursday, MarketBeat.com reports. The stock had a trading volume of 1,466,710 shares, compared to its average volume of 1,801,125. Norfolk Southern has a 1-year low of $111.44 and a 1-year high of $158.58. The company has a current ratio of 1.04, a quick ratio of 0.94 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $44.11 billion, a PE ratio of 23.22, a PEG ratio of 1.52 and a beta of 1.32.

Norfolk Southern (NYSE:NSC) last issued its quarterly earnings results on Wednesday, April 25th. The railroad operator reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.77 by $0.16. Norfolk Southern had a net margin of 51.65% and a return on equity of 14.04%. The firm had revenue of $2.72 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same period in the prior year, the firm earned $1.48 EPS. The business’s revenue was up 5.5% on a year-over-year basis. analysts anticipate that Norfolk Southern will post 8.58 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, June 11th. Shareholders of record on Friday, May 4th were issued a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend was Thursday, May 3rd. Norfolk Southern’s dividend payout ratio (DPR) is presently 43.57%.

Several research firms have weighed in on NSC. Stifel Nicolaus reiterated a “hold” rating and issued a $158.00 price objective on shares of Norfolk Southern in a research note on Saturday, June 2nd. UBS Group upped their price objective on shares of Norfolk Southern from $186.00 to $192.00 and gave the company a “buy” rating in a research note on Thursday, April 26th. Credit Suisse Group upped their price objective on shares of Norfolk Southern from $155.00 to $165.00 and gave the company an “outperform” rating in a research note on Thursday, April 26th. Morgan Stanley upped their price objective on shares of Norfolk Southern from $100.00 to $103.00 and gave the company an “underweight” rating in a research note on Thursday, April 26th. Finally, ValuEngine upgraded shares of Norfolk Southern from a “hold” rating to a “buy” rating in a research note on Thursday, April 26th. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $146.52.

In other Norfolk Southern news, VP Thomas E. Hurlbut sold 2,760 shares of the stock in a transaction on Friday, May 11th. The shares were sold at an average price of $152.00, for a total value of $419,520.00. Following the completion of the sale, the vice president now directly owns 2,760 shares of the company’s stock, valued at approximately $419,520. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Cynthia C. Earhart sold 6,588 shares of the firm’s stock in a transaction dated Thursday, May 10th. The stock was sold at an average price of $150.93, for a total transaction of $994,326.84. Following the transaction, the chief financial officer now directly owns 6,588 shares of the company’s stock, valued at $994,326.84. The disclosure for this sale can be found here. Over the last three months, insiders sold 14,110 shares of company stock valued at $2,118,405. Insiders own 0.23% of the company’s stock.

Norfolk Southern Company Profile

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods. It also transports overseas freight through various Atlantic and Gulf Coast ports, as well as coal, automotive, and industrial products; and provides commuter passenger services.

Insider Buying and Selling by Quarter for Norfolk Southern (NYSE:NSC)

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