Norfolk Southern (NYSE:NSC) Price Target Lowered to $313.00 at TD Cowen

Norfolk Southern (NYSE:NSC) had its price objective cut by TD Cowen from $314.00 to $313.00 in a research report released on Tuesday morning,MarketScreener reports. They currently have a buy rating on the railroad operator’s stock.

A number of other analysts have also recently weighed in on NSC. Barclays decreased their target price on shares of Norfolk Southern from $340.00 to $320.00 and set an “overweight” rating on the stock in a research note on Friday, January 30th. Citigroup boosted their target price on shares of Norfolk Southern from $300.00 to $313.00 and gave the stock a “neutral” rating in a research note on Tuesday. Evercore boosted their target price on shares of Norfolk Southern from $298.00 to $299.00 in a research note on Thursday, December 18th. Wall Street Zen raised shares of Norfolk Southern to a “sell” rating in a research note on Saturday. Finally, UBS Group cut shares of Norfolk Southern from a “buy” rating to a “neutral” rating and set a $342.00 target price on the stock. in a research note on Friday, February 6th. Seven investment analysts have rated the stock with a Buy rating and seventeen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $305.53.

Norfolk Southern Stock Up 0.2%

Shares of NSC opened at $288.49 on Tuesday. Norfolk Southern has a one year low of $202.54 and a one year high of $319.94. The company has a market cap of $70.63 billion, a P/E ratio of 22.63, a P/E/G ratio of 5.25 and a beta of 1.31. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.85 and a quick ratio of 0.78. The firm has a 50 day simple moving average of $299.89 and a two-hundred day simple moving average of $293.18.

Norfolk Southern (NYSE:NSC) last announced its quarterly earnings data on Thursday, January 29th. The railroad operator reported $3.22 EPS for the quarter, beating the consensus estimate of $2.76 by $0.46. Norfolk Southern had a net margin of 23.59% and a return on equity of 18.78%. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.03 billion. During the same period in the previous year, the business earned $3.04 earnings per share. The company’s revenue was down 1.7% on a year-over-year basis. Research analysts forecast that Norfolk Southern will post 13 EPS for the current fiscal year.

Norfolk Southern Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, February 6th were paid a $1.35 dividend. The ex-dividend date of this dividend was Friday, February 6th. This represents a $5.40 annualized dividend and a dividend yield of 1.9%. Norfolk Southern’s payout ratio is currently 42.35%.

Institutional Trading of Norfolk Southern

Several institutional investors have recently modified their holdings of the business. Tritonpoint Wealth LLC grew its stake in shares of Norfolk Southern by 3.5% in the third quarter. Tritonpoint Wealth LLC now owns 1,041 shares of the railroad operator’s stock worth $313,000 after purchasing an additional 35 shares during the last quarter. Massachusetts Wealth Management grew its stake in shares of Norfolk Southern by 0.6% in the third quarter. Massachusetts Wealth Management now owns 5,986 shares of the railroad operator’s stock worth $1,798,000 after purchasing an additional 35 shares during the last quarter. Gilbert & Cook Inc. grew its stake in shares of Norfolk Southern by 1.4% in the fourth quarter. Gilbert & Cook Inc. now owns 2,515 shares of the railroad operator’s stock worth $726,000 after purchasing an additional 35 shares during the last quarter. Moss Adams Wealth Advisors LLC grew its stake in shares of Norfolk Southern by 4.6% in the fourth quarter. Moss Adams Wealth Advisors LLC now owns 791 shares of the railroad operator’s stock worth $228,000 after purchasing an additional 35 shares during the last quarter. Finally, Confluence Wealth Services Inc. grew its stake in shares of Norfolk Southern by 1.1% in the fourth quarter. Confluence Wealth Services Inc. now owns 3,090 shares of the railroad operator’s stock worth $892,000 after purchasing an additional 35 shares during the last quarter. Institutional investors own 75.10% of the company’s stock.

Norfolk Southern News Roundup

Here are the key news stories impacting Norfolk Southern this week:

• Positive Sentiment: Wolfe Research raised its price target to $355 and kept an “outperform” rating, signaling meaningful upside and upbeat freight/earnings expectations. Wolfe Research PT Raise Tickerreport
• Positive Sentiment: Bernstein reiterated its buy rating on NSC, providing continued fundamental support from an influential shop. Bernstein Keeps Buy
• Neutral Sentiment: Citigroup raised its target to $313 but maintained a “neutral” rating — a modest supportive datapoint but not a clear buy signal. Citigroup PT Raise
• Neutral Sentiment: TD Cowen trimmed its target to $313 (from $314) but kept a “buy” rating — a small cut that still signals continued upside expectation. TD Cowen PT Adjust
• Neutral Sentiment: JPMorgan slightly lowered its target to $292 and kept a “neutral” rating, a small adjustment that likely has limited impact on momentum. JPMorgan PT Cut
• Negative Sentiment: Jefferies cut its target sharply to $310 from $350 and kept a “hold” rating — the largest downward adjustment among peers and a signal that upside may be more limited than previously thought. Jefferies PT Cut
• Negative Sentiment: Zacks published analysis saying EPS estimates are moving “southbound” and discussed risks to the stock if revisions continue, which could pressure valuation and near-term trader sentiment. Zacks EPS Analysis

About Norfolk Southern

Norfolk Southern Corporation is a major U.S. freight railroad company that provides rail transportation and related logistics services. As a Class I carrier, the company operates an extensive network across the eastern United States and offers scheduled freight service for a broad range of industries. Its core operations include long-haul and regional rail freight transportation, intermodal services that move containers and trailers between rail and other modes, and terminal and switching services that support efficient rail shipments for industrial and port customers.

The company transports a variety of commodities, serving sectors such as coal and energy, automotive and automotive parts, chemicals, agriculture, metals and construction materials, and consumer goods.