Analysts’ Recent Ratings Updates for Norfolk Southern (NSC)

A number of firms have modified their ratings and price targets on shares of Norfolk Southern (NYSE: NSC) recently:

• 3/12/2026 – Norfolk Southern was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 3/6/2026 – Norfolk Southern had its price target raised by Robert W. Baird from $288.00 to $315.00. They now have a “neutral” rating on the stock.
• 3/4/2026 – Norfolk Southern had its price target raised by Rothschild & Co Redburn from $299.00 to $317.00. They now have a “neutral” rating on the stock.
• 3/4/2026 – Norfolk Southern was upgraded by Zacks Research from “strong sell” to “hold”.
• 3/3/2026 – Norfolk Southern had its price target raised by Jefferies Financial Group Inc. from $300.00 to $350.00. They now have a “hold” rating on the stock.
• 2/25/2026 – Norfolk Southern was upgraded by Argus to “hold”.
• 2/6/2026 – Norfolk Southern was downgraded by UBS Group AG from “buy” to “neutral”. They now have a $342.00 price target on the stock.
• 1/30/2026 – Norfolk Southern had its “hold” rating reaffirmed by Benchmark Co..
• 1/30/2026 – Norfolk Southern had its price target lowered by Royal Bank Of Canada from $325.00 to $320.00. They now have a “sector perform” rating on the stock.
• 1/30/2026 – Norfolk Southern had its price target lowered by Barclays PLC from $340.00 to $320.00. They now have an “overweight” rating on the stock.
• 1/30/2026 – Norfolk Southern had its price target raised by Susquehanna from $304.00 to $305.00. They now have a “neutral” rating on the stock.
• 1/30/2026 – Norfolk Southern had its price target lowered by Robert W. Baird from $293.00 to $288.00. They now have a “neutral” rating on the stock.
• 1/30/2026 – Norfolk Southern had its price target lowered by Citigroup Inc. from $317.00 to $300.00. They now have a “neutral” rating on the stock.
• 1/30/2026 – Norfolk Southern had its price target lowered by JPMorgan Chase & Co. from $301.00 to $296.00. They now have a “neutral” rating on the stock.
• 1/22/2026 – Norfolk Southern had its “hold (c+)” rating reaffirmed by Weiss Ratings.

Norfolk Southern Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Friday, February 6th were paid a dividend of $1.35 per share. This represents a $5.40 annualized dividend 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 presently 42.35%.

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.