Norfolk Southern Corporation (NSC)

US — Industrials Sector
Peers: CSX  CP  CNI  RSG  CMI  FDX  URI  ITW  PWR  PCAR 

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Key Metrics & Ratings

  • symbol NSC
  • Rev/Share 54.5009
  • Book/Share 67.4733
  • PB 4.2955
  • Debt/Equity 1.1283
  • CurrentRatio 0.8615
  • ROIC 0.0773

 

  • MktCap 65033973205.0
  • FreeCF/Share 9.3538
  • PFCF 30.9833
  • PE 21.9574
  • Debt/Assets 0.3832
  • DivYield 0.0186
  • ROE 0.2017

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 3
  • DCF Score 3
  • P/B Score 2
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Reiterated NSC TD Cowen -- Buy $320 $314 Oct. 24, 2025
Downgrade NSC Jefferies Buy Hold -- $300 July 25, 2025
Upgrade NSC TD Cowen Hold Buy -- $323 July 21, 2025
Downgrade NSC Citigroup Buy Neutral -- $288 July 9, 2025
Resumed NSC Robert W. Baird -- Neutral -- $255 July 1, 2025
Downgrade NSC Goldman Buy Neutral -- $278 June 2, 2025
Initiation NSC Deutsche Bank -- Buy -- $293 March 7, 2025
Downgrade NSC Loop Capital Buy Hold $289 $256 Feb. 3, 2025
Initiation NSC Citigroup -- Buy -- $294 Oct. 9, 2024

News

Here's Why Investors Should Give Norfolk Southern Stock a Miss Now
NSC
Published: November 17, 2025 by: Zacks Investment Research
Sentiment: Negative

NSC faces rising costs, weak liquidity and tariff pressures, with falling estimates and share declines underscoring mounting investor concerns.

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image for news Here's Why Investors Should Give Norfolk Southern Stock a Miss Now
Republican state AGs raise concerns on Union Pacific deal for Norfolk Southern
NSC, UNP
Published: November 14, 2025 by: Reuters
Sentiment: Negative

A group of nine Republican state attorneys general on Friday raised competition concerns about Union Pacific's UNP.N plan to buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S. coast-to-coast freight rail operator.

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image for news Republican state AGs raise concerns on Union Pacific deal for Norfolk Southern
Union Pacific shareholders approve Norfolk deal
NSC, UNP
Published: November 14, 2025 by: Reuters
Sentiment: Positive

Union Pacific shareholders approved a merger with Norfolk Southern , the railroad operators said on Friday.

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image for news Union Pacific shareholders approve Norfolk deal
Norfolk Southern Shareholders Approve Transaction with Union Pacific
NSC
Published: November 14, 2025 by: PRNewsWire
Sentiment: Neutral

ATLANTA , Nov. 14, 2025 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced that its shareholders voted overwhelmingly, with nearly 99% of the shares cast in favor, to approve its previously announced transaction with Union Pacific at the company's Special Meeting of Shareholders (the "Special Meeting") held earlier today. "The approval of our shareholders marks a key milestone in our journey to create America's first coast-to-coast transcontinental railroad, combining complementary networks and capabilities to unlock a multiplier effect for benefits to all stakeholders," said Mark George, President and CEO of Norfolk Southern.

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image for news Norfolk Southern Shareholders Approve Transaction with Union Pacific
Bloomberg Watch Shows 5 Ideal "Safer" November Dividend Dogs
AVGO, CIIHY, CL, EL, EMR, ESS, FOX, ITVPY, KLAC, NRDBY, NSC, OZK, PHPPY, PYPL, SLB, SUBCY, SUHJY, TPR, UPS, WM
Published: November 12, 2025 by: Seeking Alpha
Sentiment: Positive

Bloomberg's 2025 Dividend Focus list highlights 36 dividend payers, with 16 qualifying as 'safer' due to free cash flow yields exceeding dividend yields. Top ten dividend stocks, including OZK, SLB, WM, and SUBCY, are projected to offer 12.5%-26.5% net gains by November 2026 based on analyst targets. Five 'IDEAL' stocks—CHHQF, VODAF, SUBCY, ITVPY, AVIFY—offer dividends from $1,000 invested that exceed their single share price, signaling potential buy opportunities.

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image for news Bloomberg Watch Shows 5 Ideal "Safer" November Dividend Dogs
Norfolk Southern Reaches Collective Bargaining Agreement with Brotherhood of Railroad Signalmen
NSC
Published: November 11, 2025 by: PRNewsWire
Sentiment: Neutral

Agreement delivers significant future enhancements to pay, health care and vacation ATLANTA , Nov. 11, 2025 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced today that it has reached a five-year collective bargaining agreement with the Brotherhood of Railroad Signalmen (BRS). With this agreement, Norfolk Southern has reached ratified agreements with 12 of its 13 unions, and a tentative agreement is pending ratification by the final remaining union.

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image for news Norfolk Southern Reaches Collective Bargaining Agreement with Brotherhood of Railroad Signalmen
Carillon Chartwell Mid Cap Value Fund Q3 2025 Top And Botton Securities
ALGN, BKR, CNH, CTSH, EA, EXPE, FMC, NSC, NVT, PNFP
Published: November 10, 2025 by: Seeking Alpha
Sentiment: Positive

Expedia's bookings growth accelerated based on strength in its business-to-business activities, and management raised its outlook. Despite reporting better results, FMC's share price was weak. Pinnacle Financial lagged after announcing an all-stock acquisition of a rival company.

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image for news Carillon Chartwell Mid Cap Value Fund Q3 2025 Top And Botton Securities
Norfolk Southern Q3 Earnings & Revenues Beat Estimates, Rise Y/Y
NSC
Published: October 24, 2025 by: Zacks Investment Research
Sentiment: Positive

NSC posts solid Q3 results with earnings and revenues topping estimates and surging year over year; merchandise strength offsetting coal weakness.

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image for news Norfolk Southern Q3 Earnings & Revenues Beat Estimates, Rise Y/Y
Norfolk Southern: Hold For Now, But Watch For A Pullback
NSC
Published: October 24, 2025 by: Seeking Alpha
Sentiment: Neutral

Norfolk Southern (NSC) has delivered a strong total return since my last review, outperforming the S&P 500 by approximately 10%. NSC's long-term return potential remains decent, though ongoing risks like the Ohio derailment effects may delay full value realization. The potential deal with Union Pacific is something investors from both companies should keep an eye on over the next 12 months.

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image for news Norfolk Southern: Hold For Now, But Watch For A Pullback
Halper Sadeh LLC Encourages Norfolk Southern Corporation Shareholders to Contact the Firm to Discuss Their Rights
NSC
Published: October 23, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of Norfolk Southern Corporation (NYSE: NSC) breached their fiduciary duties to shareholders. If you currently own Norfolk stock and acquired shares on or before October 28, 2020, you may be able to seek corporate governance reforms, the return of funds back to the company, a court-approved financial incentive award, or other relief and benefits. Please click here to.

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image for news Halper Sadeh LLC Encourages Norfolk Southern Corporation Shareholders to Contact the Firm to Discuss Their Rights
Watch These 4 Transportation Stocks for Q3 Earnings: Beat or Miss?
AAL, LUV, NSC, UNP
Published: October 22, 2025 by: Zacks Investment Research
Sentiment: Neutral

Investors interested in the Transportation sector can watch out for third-quarter 2025 earnings reports of LUV, UNP, AAL and NSC.

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image for news Watch These 4 Transportation Stocks for Q3 Earnings: Beat or Miss?
Norfolk Southern Declares Quarterly Dividend
NSC
Published: October 22, 2025 by: PRNewsWire
Sentiment: Neutral

ATLANTA , Oct. 22, 2025 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced today a quarterly dividend of $1.35 per share on its common stock. The dividend is payable Nov. 20, 2025, to shareholders of record on Nov. 7, 2025.

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image for news Norfolk Southern Declares Quarterly Dividend
Unveiling Norfolk Southern (NSC) Q3 Outlook: Wall Street Estimates for Key Metrics
NSC
Published: October 20, 2025 by: Zacks Investment Research
Sentiment: Positive

Besides Wall Street's top-and-bottom-line estimates for Norfolk Southern (NSC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2025.

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image for news Unveiling Norfolk Southern (NSC) Q3 Outlook: Wall Street Estimates for Key Metrics
Earnings Preview: Norfolk Southern (NSC) Q3 Earnings Expected to Decline
NSC
Published: October 16, 2025 by: Zacks Investment Research
Sentiment: Negative

Norfolk Southern (NSC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news Earnings Preview: Norfolk Southern (NSC) Q3 Earnings Expected to Decline
Union Pacific CEO says Trump ‘sees the value' in $85B Norfolk Southern acquisition
NSC, UNP
Published: October 01, 2025 by: Proactive Investors
Sentiment: Positive

Union Pacific Corp (NYSE:UNP, ETR:UNP)'s proposed $85 billion acquisition of Norfolk Southern is “good for America”, Union Pacific CEO Jim Vena told Yahoo Finance at Ford's inaugural Pro Accelerate summit in Detroit on Tuesday. Earlier in September while speaking with reporters in the Oval Office, President Trump said the deal “sounds good to me.

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image for news Union Pacific CEO says Trump ‘sees the value' in $85B Norfolk Southern acquisition
Norfolk Southern Corporation (NSC) Presents At Morgan Stanley's 13th Annual Laguna Conference Transcript
NSC
Published: September 10, 2025 by: Seeking Alpha
Sentiment: Neutral

Norfolk Southern Corporation (NYSE:NSC ) Morgan Stanley's 13th Annual Laguna Conference September 10, 2025 10:00 AM EDT Company Participants Mark George - President, CEO & Director Ed Elkins - Executive VP & Chief Commercial Officer Conference Call Participants Ravi Shanker - Morgan Stanley, Research Division Presentation Ravi Shanker MD & Lead Analyst Amazing. So well, that's loud.

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image for news Norfolk Southern Corporation (NSC) Presents At Morgan Stanley's 13th Annual Laguna Conference Transcript
Why Is Norfolk Southern (NSC) Down 2.4% Since Last Earnings Report?
NSC
Published: August 28, 2025 by: Zacks Investment Research
Sentiment: Negative

Norfolk Southern (NSC) reported earnings 30 days ago. What's next for the stock?

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image for news Why Is Norfolk Southern (NSC) Down 2.4% Since Last Earnings Report?
Here's Why Investors Should Give Norfolk Southern Stock a Miss Now
NSC
Published: August 27, 2025 by: Zacks Investment Research
Sentiment: Negative

NSC battles weak liquidity, tariff pressures and earnings cuts, with shares sliding and industry headwinds adding to the strain.

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image for news Here's Why Investors Should Give Norfolk Southern Stock a Miss Now
Merge Of Union Pacific & Norfolk Southern Signals Better Days For Rail
NSC, UNP
Published: August 07, 2025 by: Forbes
Sentiment: Positive

Money is ruthless. The genius of compound returns vivifies the previous truth.

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image for news Merge Of Union Pacific & Norfolk Southern Signals Better Days For Rail
Top Senate Democrat criticizes Union Pacific deal to buy Norfolk Southern
NSC, UNP
Published: July 31, 2025 by: Reuters
Sentiment: Negative

Senate Democratic Leader Chuck Schumer criticized Union Pacific's plan to acquire Norfolk Southern in a $85 billion deal to create the first U.S. coast-to-coast freight rail operator.

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image for news Top Senate Democrat criticizes Union Pacific deal to buy Norfolk Southern
ETFs That Stand to Benefit From the Historic UNP-NSC Merger
NSC, UNP
Published: July 30, 2025 by: Zacks Investment Research
Sentiment: Positive

UNP's $85B buyout of NSC could lift ETFs like IYT, SUPL, HWAY and FTXR - each with notable stakes in the merging rail giants.

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image for news ETFs That Stand to Benefit From the Historic UNP-NSC Merger
NSC Beats on Q2 Earnings, to be Acquired for $85B by UNP
NSC
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Norfolk Southern posts second-quarter earnings beat and adjusts 2025 outlook. UNP announces $85 billion acquisition of NSC to form a transcontinental rail network.

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image for news NSC Beats on Q2 Earnings, to be Acquired for $85B by UNP
Union Pacific And Norfolk Southern: This Could Be A 'Once In A Lifetime' Opportunity
NSC, UNP
Published: July 29, 2025 by: Seeking Alpha
Sentiment: Positive

The Union Pacific/Norfolk Southern merger could create the first modern true transcontinental railroad, unlocking massive efficiencies and strengthening U.S. supply chains. I see $2.75 billion in annual synergies, robust free cash flow growth, and significant shareholder return potential from this deal. Even if regulators block the merger, both companies remain strong standalone investments with double-digit EPS growth potential.

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image for news Union Pacific And Norfolk Southern: This Could Be A 'Once In A Lifetime' Opportunity
Trade Deficit Comes in Lower Than Expected
NSC, UNP
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Negative

Trade Deficit Comes in Lower Than Expected.

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image for news Trade Deficit Comes in Lower Than Expected
Union Pacific to buy Norfolk Southern in $85 billion deal, Fed's July meeting begins
NSC, UNP
Published: July 29, 2025 by: Yahoo Finance
Sentiment: Positive

Morning Brief anchor Julie Hyman breaks down the latest market news for July 29, 2025. Union Pacific agrees to acquire Norfolk Southern for an $85 billion stock and cash deal.

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image for news Union Pacific to buy Norfolk Southern in $85 billion deal, Fed's July meeting begins
Union Pacific to acquire Norfolk Southern in $85B deal
NSC, UNP
Published: July 29, 2025 by: Proactive Investors
Sentiment: Positive

Union Pacific Corp (NYSE:UNP, ETR:UNP) and Norfolk Southern Corp (NYSE:NSC) have agreed to merge in an $85 billion cash-and-stock transaction that will create the first fully transcontinental railroad in the United States. The deal, unanimously approved by both companies' boards of directors, is expected to close by early 2027, pending regulatory and shareholder approvals.

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image for news Union Pacific to acquire Norfolk Southern in $85B deal
Berkshire Hathaway Deal for CSX Looks More Likely After Blockbuster Norfolk Southern-Union Pacific Railroad Merger
BRK-A, BRK-B, CSX, NSC, UNP
Published: July 29, 2025 by: Barrons
Sentiment: Positive

The ball is in Warren Buffett's court.

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image for news Berkshire Hathaway Deal for CSX Looks More Likely After Blockbuster Norfolk Southern-Union Pacific Railroad Merger
Norfolk Southern (NSC) Reports Q2 Earnings: What Key Metrics Have to Say
NSC
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Neutral

While the top- and bottom-line numbers for Norfolk Southern (NSC) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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image for news Norfolk Southern (NSC) Reports Q2 Earnings: What Key Metrics Have to Say
Norfolk Southern (NSC) Tops Q2 Earnings Estimates
NSC
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Norfolk Southern (NSC) came out with quarterly earnings of $3.29 per share, beating the Zacks Consensus Estimate of $3.27 per share. This compares to earnings of $3.06 per share a year ago.

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image for news Norfolk Southern (NSC) Tops Q2 Earnings Estimates
Union Pacific, Norfolk Southern merge creating first US transcontinental railroad
NSC, UNP
Published: July 29, 2025 by: Fox Business
Sentiment: Positive

Union Pacific and Norfolk Southern announce a landmark $85 billion merger to create America's first transcontinental railroad, connecting over 50,000 route miles from coast to coast.

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image for news Union Pacific, Norfolk Southern merge creating first US transcontinental railroad

About Norfolk Southern Corporation (NSC)

  • IPO Date 1982-06-02
  • Website https://www.norfolksouthern.com
  • Industry Railroads
  • CEO Mark R. George
  • Employees 19600

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.