NSC Stock Summary and Trading Ideas (Norfolk Southern | NYSE:NSC)

Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the rail hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.

Norfolk Southern trades on the NYSE stock market under the symbol NSC.

As of December 16, 2024, NSC stock price declined to $244.82 with 201,336 million shares trading.

NSC has a beta of 0.59, meaning it tends to be less sensitive to market movements. NSC has a correlation of 0.12 to the broad based SPY ETF.

NSC has a market cap of $55.39 billion. This is considered a Large Cap stock.

Last quarter Norfolk Southern reported $3 billion in Revenue and $3.25 earnings per share. This fell short of revenue expectation by $-39 million and exceeded earnings estimates by $.14.

In the last 3 years, NSC traded as high as $299.20 and as low as $183.09.

The top ETF exchange traded funds that NSC belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.

NSC has underperformed the market in the last year with a price return of +9.9% while the SPY ETF gained +30.5%. NSC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.2% and -11.2%, respectively, while the SPY returned +8.3% and +0.7%, respectively.

NSC support price is $242.72 and resistance is $249.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NSC shares will trade within this expected range on the day.