Baltimore’s port closure may cut U.S. coal exports, EIA says
Seeking Alpha News (Thu, 28-Mar 3:31 PM ET)
Norfolk Southern digs in as board battle with Ancora heats up
Seeking Alpha News (Thu, 28-Mar 7:23 AM ET)
The Port of Huntsville Marks Another Year of Growth in Intermodal Transportation
PRNewswire (Wed, 27-Mar 4:36 PM ET)
U.S. weekly rail traffic rises 2.1% year-over-year
Seeking Alpha News (Wed, 27-Mar 1:08 PM ET)
Bridge Collapse Snarls Consol Energy Coal Exports From Port Of Baltimore
Benzinga (Tue, 26-Mar 6:07 PM ET)
Norfolk Southern highlights strengths of its highly qualified board
PRNewswire (Tue, 26-Mar 1:58 PM ET)
Consol Energy sinks after Baltimore bridge collapse, impacting coal shipments
Seeking Alpha News (Tue, 26-Mar 10:33 AM ET)
Consol Energy shares sink after Baltimore bridge collapse, impacting coal shipments
Seeking Alpha News (Tue, 26-Mar 10:33 AM ET)
Business Wire (Tue, 26-Mar 8:33 AM ET)
TipRanks (Mon, 25-Mar 3:32 AM ET)
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 March 28, 2024, NSC stock price climbed to $254.87 with 913,168 million shares trading.
NSC has a beta of 1.26, meaning it tends to be more sensitive to market movements. NSC has a correlation of 0.37 to the broad based SPY ETF.
NSC has a market cap of $57.52 billion. This is considered a Large Cap stock.
Last quarter Norfolk Southern reported $3 billion in Revenue and $2.83 earnings per share. This beat revenue expectation by $20 million and missed earnings estimates by -$.04.
In the last 3 years, NSC stock 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 +28.3% while the SPY ETF gained +33.6%. NSC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +8.8% and -3.1%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
NSC support price is $248.44 and resistance is $255.00 (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 stock will trade within this expected range on the day.