Norfolk Southern (NSC) Stock Insights

NSC price $340.46 +0.72 +0.21%

Ticker
NSC
Price
$340.46
Change
+0.72 +0.21%
Market cap ?
$76.47B
P/E ?
27.97
Forward P/E ?
26.13
Dividend yield ?
1.62%
Beta ?
1.28
Sector
Industrials
Industry
Railroads
Stocklytics score
39
Value
27
Quality
59
Growth
32

Stocklytics score rationale: value 27, quality 59, growth 32.

Financials

2016201720182019202020212022202320242025
988800000010551000000114580000001129600000097890000001114200000012745000000121560000001212300000012180000000

Norfolk Southern Corporation (NSC), operating through its various subsidiaries, is a prominent rail transport provider in the United States. The company's core business involves the conveyance of raw materials, semi-finished goods, and completed merchandise across the nation. Its extensive freight services cover a broad spectrum of commodities. This includes a variety of agricultural and forestry products like…

Fair value

NSC fair value $173.46. Price $340.46. Price is 96% above fair value.

Above fair value, and more expensive than usual. A larger premium than on 85% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 3.85B. Growth 8.61%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 11.36% (beta 1.3). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 224.62M. Net debt 15.56B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Model uncertainty high for this stock

Compare NSC

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2027-02-04—3.26—3.48B
2026-10-223.623.463.50B3.48B
2026-07-233.523.323.50B3.38B
2026-04-242.652.493.00B3.00B
2026-01-293.222.762.97B3.00B
2025-10-233.303.193.10B3.11B
2025-07-293.293.313.11B3.13B
2025-04-232.692.662.99B2.97B
2025-01-293.042.943.02B3.01B
2024-10-223.253.113.05B3.09B
2024-07-253.062.863.04B3.04B
2024-04-242.492.533.00B3.02B
2024-01-262.832.873.07B3.08B
2023-10-252.652.692.97B2.95B
2023-07-272.953.152.98B3.08B
2023-04-263.323.153.13B3.11B
2023-01-253.423.443.24B3.21B
2022-10-264.103.643.34B3.23B
2022-07-273.453.473.25B3.13B
2022-04-272.932.922.92B2.83B
2022-01-263.123.042.85B2.82B
2021-10-273.062.912.85B2.81B
2021-07-283.282.962.80B2.81B
2021-04-282.662.542.64B2.63B
2021-01-272.632.482.57B2.42B
2020-10-282.512.382.51B2.38B
2020-07-291.531.332.08B1.81B
2020-04-292.582.192.62B2.29B
2020-01-292.552.282.69B2.41B
2019-10-232.492.592.84B2.96B
2019-07-242.702.792.92B3.02B
2019-04-242.512.182.84B2.47B
2019-01-242.572.292.90B2.58B
2018-10-242.522.442.95B2.85B
2018-07-252.502.332.90B2.70B
2018-04-251.931.772.72B2.49B
2018-01-241.691.562.67B2.48B
2017-10-251.751.642.67B2.50B
2017-07-261.711.652.64B2.54B
2017-04-261.481.362.58B2.37B

Dividends

Yield 1.59%. Payout ratio 45.19%. Frequency Quarterly.

Safety score 95/100 · Safe. Payout ratio is 45% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 45 separate years. Yield is 1.6%, in a range that is usually sustainable.

Ex-dateDividendRecordPaymentFrequency
2026-11-06$1.352026-11-062026-11-20Quarterly
2026-08-07$1.352026-08-072026-08-20Quarterly
2026-05-08$1.352026-05-082026-05-20Quarterly
2026-02-06$1.352026-02-062026-02-20Quarterly
2025-11-07$1.352025-11-072025-11-20Quarterly
2025-08-01$1.352025-08-012025-08-20Quarterly
2025-05-02$1.352025-05-022025-05-20Quarterly
2025-02-07$1.352025-02-072025-02-20Quarterly
2024-11-01$1.352024-11-012024-11-20Quarterly
2024-08-02$1.352024-08-022024-08-20Quarterly
2024-05-02$1.352024-05-032024-05-20Quarterly
2024-02-01$1.352024-02-022024-02-20Quarterly
2023-11-02$1.352023-11-032023-11-20Quarterly
2023-08-03$1.352023-08-042023-08-21Quarterly
2023-05-04$1.352023-05-052023-05-20Quarterly
2023-02-02$1.352023-02-032023-02-21Quarterly
2022-11-03$1.242022-11-042022-11-21Quarterly
2022-08-05$1.242022-08-082022-08-20Quarterly
2022-05-05$1.242022-05-062022-05-20Quarterly
2022-02-03$1.242022-02-042022-02-21Quarterly
2021-11-04$1.092021-11-052021-11-19Quarterly
2021-08-06$1.092021-08-092021-08-20Quarterly
2021-05-06$0.992021-05-072021-05-20Quarterly
2021-02-04$0.992021-02-052021-03-10Quarterly
2020-11-05$0.942020-11-062020-12-10Quarterly
2020-08-06$0.942020-08-072020-09-10Quarterly
2020-05-07$0.942020-05-082020-06-10Quarterly
2020-02-06$0.942020-02-072020-03-10Quarterly
2019-10-31$0.942019-11-012019-12-10Quarterly
2019-08-02$0.942019-08-052019-09-10Quarterly
2019-05-02$0.862019-05-032019-06-10Quarterly
2019-02-01$0.862019-02-042019-03-11Quarterly
2018-11-01$0.802018-11-022018-12-10Quarterly
2018-08-03$0.802018-08-062018-09-10Quarterly
2018-05-03$0.722018-05-042018-06-11Quarterly
2018-02-01$0.722018-02-022018-03-10Quarterly
2017-11-02$0.612017-11-032017-12-11Quarterly
2017-08-03$0.612017-08-072017-09-11Quarterly
2017-05-03$0.612017-05-052017-06-10Quarterly
2017-02-01$0.612017-02-032017-03-10Quarterly
2016-11-02$0.592016-11-042016-12-10Quarterly
2016-08-04$0.592016-08-082016-09-10Quarterly
2016-05-04$0.592016-05-062016-06-10Quarterly
2016-02-03$0.592016-02-052016-03-10Quarterly
2015-11-04$0.592015-11-062015-12-10Quarterly
2015-08-05$0.592015-08-072015-09-10Quarterly
2015-05-06$0.592015-05-082015-06-10Quarterly
2015-04-29$0.592015-05-012015-06-10Irregular
2015-02-04$0.592015-02-062015-03-10Quarterly
2014-11-05$0.572014-11-072014-12-10Quarterly
2014-07-30$0.572014-08-012014-09-10Quarterly
2014-04-30$0.542014-05-022014-06-10Quarterly
2014-02-05$0.542014-02-072014-03-10Quarterly
2013-10-30$0.522013-11-012013-12-10Quarterly
2013-07-31$0.522013-08-022013-09-10Quarterly
2013-05-01$0.502013-05-032013-06-10Quarterly
2013-01-30$0.502013-02-012013-03-11Quarterly
2012-10-31$0.502012-11-022012-12-10Quarterly
2012-08-09$0.502012-08-132012-09-10Quarterly
2012-05-02$0.472012-05-042012-06-11Quarterly
2012-02-01$0.472012-02-032012-03-10Quarterly
2011-11-02$0.432011-11-042011-12-10Quarterly
2011-08-03$0.432011-08-052011-09-10Quarterly
2011-05-04$0.402011-05-062011-06-10Quarterly
2011-02-02$0.402011-02-042011-03-10Quarterly
2010-11-03$0.362010-11-052010-12-10Quarterly
2010-08-04$0.362010-08-062010-09-10Quarterly
2010-05-05$0.342010-05-072010-06-10Quarterly
2010-02-03$0.342010-02-052010-03-10Quarterly
2009-11-04$0.342009-11-062009-12-10Quarterly
2009-08-05$0.342009-08-072009-09-10Quarterly
2009-04-29$0.342009-05-012009-06-10Quarterly
2009-02-04$0.342009-02-062009-03-10Quarterly
2008-11-05$0.322008-11-072008-12-10Quarterly
2008-07-30$0.322008-08-012008-09-10Quarterly
2008-04-30$0.292008-05-022008-06-10Quarterly
2008-01-30$0.292008-02-012008-03-10Quarterly
2007-10-31$0.262007-11-022007-12-10Quarterly
2007-08-01$0.262007-08-032007-09-10Quarterly
2007-05-02$0.222007-05-042007-06-11Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2028-01-30Barr BrianOther286$257.2673.58K
2026-10-24Bhatt AnilSell3.26K——
2026-10-24Bhatt AnilBuy3.26K——
2026-10-24Bhatt AnilSell1.34K$332.09444.34K
2026-10-24Barr BrianSell653——
2026-10-24Barr BrianBuy653——
2026-10-24Barr BrianSell117$332.0938.85K
2026-10-24Barr BrianOther1.31K——
2026-10-08Huffard John C JrBuy333——
2026-09-30Huffard John C JrBuy172$309.0053.00K
2026-09-30ANDERSON RICHARD HBuy178$309.0055.00K
2026-09-13George Mark RSell2.65K——
2026-09-13George Mark RBuy2.65K——
2026-09-13George Mark RSell1.03K$323.30334.62K
2026-08-20Huffard John C JrBuy20$347.907.12K
2026-08-20Huffard John C JrBuy12$346.624.22K
2026-08-20Ryerkerk LoriBuy3——
2026-08-20LAMPHERE GILBERT HBuy2——
2026-08-20Jones Christopher TBuy20——
2026-08-20Heitkamp Mary KathrynBuy7——
2026-08-20Fahmy SamehBuy7——
2026-08-20Donadio Marcela EBuy34——
2026-08-20Davidson Phillip SBuy10——
2026-08-20DeBiase Francesca A.Buy8——
2026-08-20Clyburn William Jr.Buy7——
2026-08-20ANDERSON RICHARD HBuy9——
2026-08-20ANDERSON RICHARD HBuy7——
2026-07-27Barr BrianBuy1.46K——
2026-06-30Huffard John C JrBuy168——
2026-06-30ANDERSON RICHARD HBuy251——
2026-06-01Barr BrianOther0——
2026-05-20Huffard John C JrBuy22——
2026-05-20Huffard John C JrBuy13——
2026-05-20Ryerkerk LoriBuy3——
2026-05-20LAMPHERE GILBERT HBuy3——
2026-05-20Jones Christopher TBuy22——
2026-05-20Heitkamp Mary KathrynBuy8——
2026-05-20Fahmy SamehBuy8——
2026-05-20Donadio Marcela EBuy37——
2026-05-20DeBiase Francesca A.Buy9——
2026-05-20Davidson Phillip SBuy11——
2026-05-20Clyburn William Jr.Buy8——
2026-05-20ANDERSON RICHARD HBuy10——
2026-05-20ANDERSON RICHARD HBuy7——
2026-04-26Orr John FSell8.32K——
2026-04-26Orr John FBuy8.32K——
2026-04-26Orr John FSell3.25K$320.811.04M
2026-03-31Huffard John C JrBuy185——
2026-03-31ANDERSON RICHARD HBuy233——
2026-02-20Ryerkerk LoriBuy3——
2026-02-20LAMPHERE GILBERT HBuy3——
2026-02-20Jones Christopher TBuy22——
2026-02-20Heitkamp Mary KathrynBuy8——
2026-02-20Fahmy SamehBuy8——
2026-02-20Donadio Marcela EBuy37——
2026-02-20DeBiase Francesca A.Buy9——
2026-02-20Davidson Phillip SBuy11——
2026-02-20Clyburn William Jr.Buy8——
2026-02-20Huffard John C JrBuy22——
2026-02-20Huffard John C JrBuy12——
2026-02-20ANDERSON RICHARD HBuy10——
2026-02-20ANDERSON RICHARD HBuy5——
2026-01-30LAMPHERE GILBERT HBuy700——
2026-01-30LAMPHERE GILBERT HBuy622——
2026-01-30LAMPHERE GILBERT HSell700——
2026-01-30Ryerkerk LoriBuy622——
2026-01-30Jones Christopher TBuy622——
2026-01-30Huffard John C JrBuy622——
2026-01-30Heitkamp Mary KathrynBuy622——
2026-01-30Davidson Phillip SBuy622——
2026-01-30Fahmy SamehBuy622——
2026-01-30Donadio Marcela EBuy622——
2026-01-30DeBiase Francesca A.Buy622——
2026-01-30Clyburn William Jr.Buy622——
2026-01-30ANDERSON RICHARD HBuy968——
2026-01-30Moore Claiborne LBuy252——
2026-01-30Moore Claiborne LSell69$289.2419.96K
2026-01-30Moore Claiborne LSell115$289.2433.26K
2026-01-30Moore Claiborne LBuy421——
2026-01-30Moore Claiborne LBuy823——
2026-01-30Moore Claiborne LSell252——
2026-01-30Moore Claiborne LSell421——
2026-01-30Orr John FBuy4.29K——
2026-01-30Orr John FSell702——
2026-01-30Orr John FSell803——
2026-01-30Orr John FBuy702——
2026-01-30Orr John FSell191$289.2455.24K
2026-01-30Orr John FSell219$289.2463.34K
2026-01-30Orr John FBuy803——
2026-01-30George Mark RBuy19.00K——
2026-01-30George Mark RSell712——
2026-01-30George Mark RSell2.98K——
2026-01-30George Mark RBuy712——
2026-01-30George Mark RSell279$289.2480.70K
2026-01-30George Mark RBuy2.98K——
2026-01-30George Mark RSell1.17K$289.24336.96K
2026-01-30Zampi Jason AndrewBuy4.15K——
2026-01-30Zampi Jason AndrewSell15——
2026-01-30Zampi Jason AndrewSell135——
2026-01-30Zampi Jason AndrewSell252——

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 1.91K, holders +28 vs prior quarter. Ownership 76.49%.

HolderSharesChangeChange %Value
BLACKROCK, INC.16.00M724.24K+4.74%5.03B
VANGUARD CAPITAL MANAGEMENT LLC14.67M79.48K+0.54%4.61B
STATE STREET CORP10.24M408.77K+4.16%3.22B
VANGUARD PORTFOLIO MANAGEMENT LLC7.22M3.19M+79.24%2.27B
MILLENNIUM MANAGEMENT LLC5.20M617.64K+13.47%1.64B
GEODE CAPITAL MANAGEMENT, LLC5.11M38.09K+0.75%1.60B
BANK OF AMERICA CORP /DE/3.11M-89.18K-2.79%978.98M
NORGES BANK3.04M3.04MNew956.55M
PENTWATER CAPITAL MANAGEMENT LP2.77M-445.00K-13.82%872.99M
NORTHERN TRUST CORP2.61M-23.26K-0.88%822.47M
MORGAN STANLEY2.61M-15.44K-0.59%821.71M
D. E. SHAW & CO., INC.2.60M337.72K+14.92%818.31M
DODGE & COX2.51M-3.75M-59.92%789.03M
DIMENSIONAL FUND ADVISORS LP2.26M153+0.01%710.94M
CAPITAL WORLD INVESTORS2.01M5.25K+0.26%632.93M
PRICE T ROWE ASSOCIATES INC /MD/1.93M-204.77K-9.61%605.60M
GOLDMAN SACHS GROUP INC1.89M263.20K+16.19%594.24M
HBK INVESTMENTS L P1.75M13.64K+0.79%550.53M
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP1.73M105.36K+6.48%544.89M
LONDON CO OF VIRGINIA1.65M-47.31K-2.78%520.02M
LEGAL & GENERAL GROUP PLC1.60M-110.20K-6.45%503.09M
CITADEL ADVISORS LLC1.59M-1.03M-39.49%498.77M
AMUNDI1.54M-686.28K-30.82%484.66M
AMERICAN CENTURY COMPANIES INC1.53M-502.69K-24.78%480.14M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1.48M4.52K+0.31%466.67M

Insights

Revenue by product
PeriodValue
FY2018Railway Operating Revenues Market Group Coal: 1821000000.0, Railway Operating Revenues Market Group Intermodal: 2893000000.0, Railway Operating Revenues Market Group Merchandise: 6744000000.0
FY2019Railway Operating Revenues Market Group Coal: 1669000000.0, Railway Operating Revenues Market Group Intermodal: 2824000000.0, Railway Operating Revenues Market Group Merchandise: 6803000000.0
FY2020Railway Operating Revenues Market Group Coal: 1047000000.0, Railway Operating Revenues Market Group Intermodal: 2654000000.0, Railway Operating Revenues Market Group Merchandise: 6088000000.0
FY2021Railway Operating Revenues Market Group Coal: 1310000000.0, Railway Operating Revenues Market Group Intermodal: 3163000000.0, Railway Operating Revenues Market Group Merchandise: 6669000000.0
FY2022Railway Operating Revenues Market Group Coal: 1733000000.0, Railway Operating Revenues Market Group Intermodal: 3681000000.0, Railway Operating Revenues Market Group Merchandise: 7331000000.0
FY2023Railway Operating Revenues Market Group Coal: 1713000000.0, Railway Operating Revenues Market Group Intermodal: 3090000000.0, Railway Operating Revenues Market Group Merchandise: 7353000000.0
FY2024Railway Operating Revenues Market Group Coal: 1611000000.0, Railway Operating Revenues Market Group Intermodal: 3042000000.0, Railway Operating Revenues Market Group Merchandise: 7470000000.0
FY2025Railway Operating Revenues Market Group Coal: 1487000000.0, Railway Operating Revenues Market Group Intermodal: 3009000000.0, Railway Operating Revenues Market Group Merchandise: 7684000000.0

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Norfolk Southern (NSC) Stock Insights

NSC$340.46+0.72 +0.21%

$76.47B

Market Cap

27.97

P/E

26.13

Forward P/E

39

Score

Price History