Norfolk Southern (NYSE:NSC) Price Target Raised to $313.00 at Citigroup

Norfolk Southern (NYSE:NSC) had its target price upped by Citigroup from $300.00 to $313.00 in a report released on Tuesday morning,MarketScreener reports. Citigroup currently has a neutral rating on the railroad operator’s stock.

Several other equities research analysts have also commented on NSC. Wall Street Zen upgraded shares of Norfolk Southern to a “sell” rating in a research note on Saturday. Rothschild & Co Redburn reduced their target price on shares of Norfolk Southern from $317.00 to $308.00 and set a “neutral” rating for the company in a research report on Wednesday, April 1st. Argus raised shares of Norfolk Southern to a “hold” rating in a research report on Wednesday, February 25th. Morgan Stanley raised shares of Norfolk Southern from an “equal weight” rating to a “buy” rating in a research report on Thursday, December 18th. Finally, Weiss Ratings raised shares of Norfolk Southern from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, March 12th. Seven research analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the stock. According to MarketBeat, Norfolk Southern has a consensus rating of “Hold” and a consensus target price of $305.53.

Norfolk Southern Trading Up 0.2%

NYSE:NSC opened at $288.49 on Tuesday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.78 and a current ratio of 0.85. The firm has a market cap of $70.63 billion, a price-to-earnings ratio of 22.63, a price-to-earnings-growth ratio of 5.25 and a beta of 1.31. Norfolk Southern has a 52 week low of $202.54 and a 52 week high of $319.94. The firm has a 50-day moving average price of $299.89 and a two-hundred day moving average price of $293.18.

Norfolk Southern (NYSE:NSC) last posted 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. The firm had revenue of $3 billion during the quarter, compared to analyst estimates of $3.03 billion. Norfolk Southern had a net margin of 23.59% and a return on equity of 18.78%. The company’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter last year, the business posted $3.04 EPS. On average, equities analysts expect that Norfolk Southern will post 13 earnings per share for the current fiscal year.

Norfolk Southern Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Friday, February 6th were given a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Friday, February 6th. Norfolk Southern’s dividend payout ratio is currently 42.35%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of NSC. Brighton Jones LLC boosted its holdings in Norfolk Southern by 4.9% in the 4th quarter. Brighton Jones LLC now owns 1,706 shares of the railroad operator’s stock worth $400,000 after buying an additional 79 shares during the period. Intech Investment Management LLC boosted its holdings in Norfolk Southern by 40.4% in the 1st quarter. Intech Investment Management LLC now owns 6,447 shares of the railroad operator’s stock worth $1,527,000 after buying an additional 1,855 shares during the period. Sivia Capital Partners LLC bought a new position in Norfolk Southern in the 2nd quarter worth approximately $327,000. Schnieders Capital Management LLC. boosted its holdings in Norfolk Southern by 64.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 4,275 shares of the railroad operator’s stock worth $1,094,000 after buying an additional 1,670 shares during the period. Finally, StoneX Group Inc. boosted its holdings in Norfolk Southern by 3.5% in the 2nd quarter. StoneX Group Inc. now owns 1,229 shares of the railroad operator’s stock worth $315,000 after buying an additional 42 shares during the period. 75.10% of the stock is owned by institutional investors.

Trending Headlines about Norfolk Southern

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.