Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Norfolk Southern (NSC) Share Price

News headlines about Norfolk Southern (NYSE:NSC) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Norfolk Southern earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned headlines about the railroad operator an impact score of 46.237742780573 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:

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A number of equities research analysts have recently weighed in on NSC shares. ValuEngine raised Norfolk Southern from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. BMO Capital Markets reissued a “hold” rating and set a $156.00 target price on shares of Norfolk Southern in a research note on Monday, January 8th. Royal Bank of Canada restated a “sell” rating and set a $137.00 price target on shares of Norfolk Southern in a report on Tuesday, January 9th. Loop Capital upped their target price on Norfolk Southern to $144.00 and gave the company a “sell” rating in a report on Friday, January 12th. Finally, Scotiabank upgraded Norfolk Southern from a “sector perform” rating to a “buy” rating and set a $165.00 target price on the stock in a report on Friday, January 12th. Four investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company. Norfolk Southern presently has an average rating of “Hold” and a consensus target price of $139.60.

Shares of NSC stock opened at $135.78 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.76 and a current ratio of 0.84. Norfolk Southern has a fifty-two week low of $111.07 and a fifty-two week high of $157.15. The company has a market capitalization of $38,047.11, a PE ratio of 7.25, a price-to-earnings-growth ratio of 1.33 and a beta of 1.32.

Norfolk Southern (NYSE:NSC) last announced its quarterly earnings data on Wednesday, January 24th. The railroad operator reported $1.69 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.56 by $0.13. The business had revenue of $2.67 billion during the quarter, compared to analysts’ expectations of $2.66 billion. Norfolk Southern had a return on equity of 14.16% and a net margin of 51.22%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.42 earnings per share. research analysts forecast that Norfolk Southern will post 8.4 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Saturday, March 10th. Investors of record on Friday, February 2nd were given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date was Thursday, February 1st. This is a boost from Norfolk Southern’s previous quarterly dividend of $0.61. Norfolk Southern’s dividend payout ratio is 15.38%.

In other news, Chairman James A. Squires sold 10,000 shares of the company’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $150.10, for a total value of $1,501,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Thomas E. Hurlbut sold 467 shares of the company’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $150.17, for a total value of $70,129.39. Following the completion of the transaction, the vice president now directly owns 5,000 shares of the company’s stock, valued at approximately $750,850. The disclosure for this sale can be found here. In the last quarter, insiders have sold 13,166 shares of company stock valued at $1,958,040. 0.36% of the stock is owned by company insiders.

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Norfolk Southern Company Profile

Norfolk Southern Corporation is a holding company engaged in the rail transportation business. As of December 31, 2016, the Company operated approximately 19,500 miles of road primarily in the East and Midwest. The Company is engaged in the rail transportation of raw materials, intermediate products and finished goods primarily in the Southeast, East and Midwest.

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

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