• Railroads
  • Industrials
Norfolk Southern Corporation logo
Norfolk Southern Corporation
NSC · US · NYSE
239.37
USD
+2.19
(0.91%)
Company Overview

650 W PEACHTREE STREET NW,ATLANTA GA 30308,470-463-6807

CEO

Mr. Alan H. Shaw

Employess

20700

Sector

Industrials

Industry

Railroads

Website

https://www.norfolksouthern.com

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, scrap paper, beverages, canned goods, and consumer products; chemicals consist of sulfur and related chemicals, petroleum products, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, and sand; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal. It also transports overseas freight through various Atlantic and Gulf Coast ports; and provides commuter rail passenger transportation services and operates an intermodal network. As of December 31, 2021, the company operated approximately 19,300 route miles in 22 states and the District of Columbia. Norfolk Southern Corporation was incorporated in 1980 and is based in Atlanta, Georgia.

Next Earnings Date

Oct. 23, 2024

Ex Dividends date

Aug. 20, 2024

Dividend Date

Aug. 2, 2024

YTD Performance

1.57%

Fiscal Year End

12-31

IPO Date

1982-06-02

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 0.78% 1.19% 7.49% -4.62%
EPS 2.80% -4.15% 0.67% -42.24%
Equity 1.25% -3.61% -4.75% 0.38%
Cash 0.83% 34.37% 12.04% 243.86%
Return On Capital (ROIC) 11.64% 10.73% 11.19% 7.40%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 109 703 553 579 316
Long Term Debt 17,500 14,500 13,300 12,100 11,900
LT Finance Leases 392 410 413 433 538
Shares Outstanding 227 235 247 255 263
Market Cap 53,600 57,900 73,500 60,600 51,100
Price
Business Segments (Beta)
Geographical Segments (Beta)
Not available
News
Norfolk Southern: Sit Back, Watch Buybacks Boost Shares
1 month

Norfolk Southern is a freight railroad company operating in the eastern USA, shipping merchandise, intermodal units, and coal. The company faced a significant financial impact in 2023 due to a train derailment incident in Eastern Ohio, resulting in decreased net income. Norfolk Southern has a strong economic moat due to factors such as limited competition, barriers to land acquisition, and monopolist status, leading to high margins and returns on equity.

seekingalpha.com
Comparing The 5 Publicly Traded Class I Railroad Companies
1 month

Railroads in the US boomed in the 19th century but faced competition from automobiles and airlines, leading to mergers and consolidation in the industry. There are 5 Class I publicly traded railroads left today, each with high returns on equity, low debt, growing dividends, and ample return on capital. All are compound growers. The railroad business is a natural monopoly due to high capital costs and legal obstacles, resulting in low competition and stable profit margins.

seekingalpha.com
Norfolk Southern assembles Transportation leadership to accelerate operational excellence
1 month

Tim Livingston joins as Senior Vice President Transportation as COO John Orr establishes operations leadership team ATLANTA , Aug. 7, 2024  /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has appointed three industry veterans with precision scheduled railroading (PSR) experience to lead its Transportation team, reporting to Chief Operating Officer John Orr. Tim Livingston joins Norfolk Southern as Senior Vice President Transportation and Network Operations.

prnewswire.com
Norfolk Southern names Anil Bhatt chief information and digital officer
1 month

ATLANTA , Aug. 6, 2024 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) is elevating the power of technology and innovation to drive its transformative, balanced strategy as it brings onboard Anil Bhatt, a technology leader recognized for pioneering cutting-edge solutions to advance and shape the direction of enterprises. Bhatt will serve as executive vice president and chief information and digital officer, reporting to President and CEO Alan Shaw.

prnewswire.com
Norfolk Southern and ATDA initiate C3RS pilot program
1 month

ATLANTA , Aug. 6, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) and the American Train Dispatchers Association (ATDA), in partnership with the Federal Railroad Administration (FRA), announced Tuesday their joint participation in the FRA's Confidential Close Call Reporting System (C3RS). This pilot program is designed to enhance communication and transparency to help improve railroad safety.

prnewswire.com
Norfolk Southern to make strategic investments in Alabama
2 months

Significant capacity improvements will enhance critical rail corridor,  open additional opportunities for statewide business and economic growth ATLANTA , Aug. 1, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) is investing to grow capacity on a key rail line in the state of Alabama, the 3B Corridor, which connects markets in northern and central Alabama to the Port of Mobile and destinations worldwide. The more-than $200 million investment positions the line to accommodate expected growth in several sectors as the Southeast progresses as an economic powerhouse for the US economy.

prnewswire.com
What's Next For Norfolk Southern Stock After A Q2 Earnings Beat?
2 months

Norfolk Southern (NYSE: NSC) recently reported its Q2 results, with revenues missing but earnings comfortably above our estimates. The company reported revenue of $3.04 billion and earnings of $3.25 per share, compared to our estimates of $3.07 billion and $2.90, respectively.

forbes.com
Norfolk Southern Corporation Shareholders Are Encouraged By The Schall Law Firm To Join The Investigation
2 months

LOS ANGELES, CA / ACCESSWIRE / July 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Norfolk Southern Corporation ("Norfolk Southern" or "the Company") (NYSE:NSC) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Norfolk Southern board breached its fiduciary duties to shareholders.

accesswire.com
Betting Big: 3 Dividend Stocks My Family And I Are Buying Aggressively
2 months

Market corrections happen under almost every president, and stock performance is not tied to political parties. Currently, inflation remains the key driver of market movements. Focus on undervalued opportunities in any market condition. Consistent investment in solid stocks is more effective than trying to time the market. Three key stocks in our portfolios demonstrate resilience and growth potential, offering a mix of dividend growth and value despite current market challenges.

seekingalpha.com
6 Dividend Increases Expected In August 2024
2 months

6 Dividend Increases Expected In August 2024

seekingalpha.com
Norfolk Southern Corporation Shareholders Are Invited By The Schall Law Firm To Join The Investigation
2 months

LOS ANGELES, CA / ACCESSWIRE / July 29, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Norfolk Southern Corporation ("Norfolk Southern" or "the Company") (NYSE:NSC) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Norfolk Southern board breached its fiduciary duties to shareholders.

accesswire.com
Norfolk Southern awards over 100 scholarships to team members' children
2 months

Company's Thoroughbred Scholars Program has awarded over $1.4M since 2022 ATLANTA , July 29, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC ) announced the return of its Thoroughbred Scholars program, providing college scholarships to more than 100 children of Norfolk Southern employees. The program awards 100 scholarships for up to $10,000 over four years, along with three additional scholarships for distinguished students who will receive rewards of up to $40,000 over four years.

prnewswire.com