$1.78 EPS Expected for Norfolk Southern Corporation (NSC)

April 24, 2018 - By Louis Casey

Norfolk Southern Corporation (NYSE:NSC) LogoInvestors sentiment is 0.83 in 2017 Q4. Its the same as in 2017Q3. It is flat, as 35 investors sold Norfolk Southern Corporation shares while 360 reduced holdings. only 80 funds opened positions while 249 raised stakes. 197.25 million shares or 2.25% less from 201.79 million shares in 2017Q3 were reported.
-based Folger Nolan Fleming Douglas Capital Inc has invested 0.04% in Norfolk Southern Corporation (NYSE:NSC). Metropolitan Life Insurance Com, New York-based fund reported 44,063 shares. Moreover, Umb Bankshares N A Mo has 0.08% invested in Norfolk Southern Corporation (NYSE:NSC) for 16,289 shares. Nbt Bankshares N A Ny holds 0.34% or 14,692 shares in its portfolio. Retirement Sys Of Alabama, Alabama-based fund reported 138,671 shares. Hsbc Holdings Public Lc reported 0.09% of its portfolio in Norfolk Southern Corporation (NYSE:NSC). Pinebridge Investments Lp, New York-based fund reported 4,674 shares. 8,567 were reported by Lmr Prtn Limited Liability Partnership. Villere St Denis J Company Limited Liability Company stated it has 2,609 shares or 0.02% of all its holdings. Allsquare Wealth Mgmt Limited Liability owns 300 shares or 0.03% of their US portfolio. Pnc Financial Svcs Group holds 0.1% of its portfolio in Norfolk Southern Corporation (NYSE:NSC) for 682,923 shares. Btr Capital owns 0.06% invested in Norfolk Southern Corporation (NYSE:NSC) for 2,126 shares. First Foundation has invested 0.02% in Norfolk Southern Corporation (NYSE:NSC). Duff And Phelps Management Co invested 0.1% in Norfolk Southern Corporation (NYSE:NSC). Asset One owns 504,905 shares.

Since October 26, 2017, it had 0 insider buys, and 4 selling transactions for $1.96 million activity. Another trade for 3,568 shares valued at $474,558 was sold by Wheeler Michael Joseph. The insider Squires James A sold 10,000 shares worth $1.50M.

Analysts expect Norfolk Southern Corporation (NYSE:NSC) to report $1.78 EPS on April, 25 before the open.They anticipate $0.30 EPS change or 20.27 % from last quarter’s $1.48 EPS. NSC’s profit would be $504.28 million giving it 19.42 P/E if the $1.78 EPS is correct. After having $1.69 EPS previously, Norfolk Southern Corporation’s analysts see 5.33 % EPS growth. The stock increased 0.36% or $0.49 during the last trading session, reaching $138.25. About 490,593 shares traded. Norfolk Southern Corporation (NYSE:NSC) has risen 20.21% since April 24, 2017 and is uptrending. It has outperformed by 8.66% the S&P500.

Norfolk Southern Corporation (NYSE:NSC) Ratings Coverage

Among 14 analysts covering Norfolk Southern (NYSE:NSC), 5 have Buy rating, 2 Sell and 7 Hold. Therefore 36% are positive. Norfolk Southern had 26 analyst reports since October 25, 2017 according to SRatingsIntel. Loop Capital maintained Norfolk Southern Corporation (NYSE:NSC) on Thursday, October 26 with “Hold” rating. The stock of Norfolk Southern Corporation (NYSE:NSC) earned “Sell” rating by RBC Capital Markets on Tuesday, January 9. Credit Suisse maintained it with “Outperform” rating and $178 target in Thursday, January 25 report. Robert W. Baird maintained the stock with “Hold” rating in Friday, November 10 report. BMO Capital Markets maintained the shares of NSC in report on Thursday, November 30 with “Hold” rating. The rating was upgraded by RBC Capital Markets on Wednesday, January 24 to “Sector Perform”. The stock has “Buy” rating by Argus Research on Tuesday, October 31. The firm has “Hold” rating given on Tuesday, April 10 by Robert W. Baird. Susquehanna maintained the stock with “Buy” rating in Monday, April 2 report. RBC Capital Markets maintained Norfolk Southern Corporation (NYSE:NSC) on Wednesday, October 25 with “Sell” rating.

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company has market cap of $39.17 billion. It also transports overseas freight through various Atlantic and Gulf Coast ports. It has a 7.43 P/E ratio. In addition, the firm is involved in the operation of scheduled passenger trains; leasing or sale of rail property and equipment; development of commercial real estate; telecommunications; and the acquisition, leasing, and management of coal, oil, gas, and minerals, as well as the transport of automotive and industrial products.

Norfolk Southern Corporation (NYSE:NSC) Institutional Positions Chart

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