Media stories about Norfolk Souther Corporation (NYSE:NSC) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Norfolk Souther Corporation earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news articles about the railroad operator an impact score of 46.8736244316854 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:

Several analysts have recently commented on the stock. BidaskClub upgraded shares of Norfolk Souther Corporation from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 10th. UBS AG restated a “buy” rating and set a $133.00 price objective on shares of Norfolk Souther Corporation in a research report on Monday, August 14th. Cowen and Company restated an “outperform” rating and set a $130.00 price objective on shares of Norfolk Souther Corporation in a research report on Tuesday, August 1st. Wolfe Research upgraded shares of Norfolk Souther Corporation from a “market perform” rating to a “buy” rating and set a $126.00 price objective on the stock in a research report on Monday, August 7th. Finally, Zacks Investment Research upgraded shares of Norfolk Souther Corporation from a “hold” rating to a “buy” rating and set a $147.00 price objective on the stock in a research report on Wednesday, November 1st. Four equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $127.26.

Norfolk Souther Corporation (NYSE:NSC) opened at $127.15 on Friday. Norfolk Souther Corporation has a 52 week low of $98.92 and a 52 week high of $134.52. The company has a market cap of $36,624.18, a price-to-earnings ratio of 20.12, a price-to-earnings-growth ratio of 1.65 and a beta of 1.37. The company has a quick ratio of 0.73, a current ratio of 0.83 and a debt-to-equity ratio of 0.73.

Norfolk Souther Corporation (NYSE:NSC) last released its quarterly earnings results on Wednesday, October 25th. The railroad operator reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.11. Norfolk Souther Corporation had a net margin of 17.86% and a return on equity of 14.72%. The firm had revenue of $2.67 billion during the quarter, compared to analysts’ expectations of $2.65 billion. During the same period in the previous year, the company earned $1.55 EPS. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. sell-side analysts anticipate that Norfolk Souther Corporation will post 6.46 earnings per share for the current fiscal year.

Norfolk Souther Corporation announced that its Board of Directors has authorized a share repurchase plan on Tuesday, September 26th that authorizes the company to buyback 50,000,000 shares. This buyback authorization authorizes the railroad operator to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Friday, November 3rd will be paid a dividend of $0.61 per share. The ex-dividend date of this dividend is Thursday, November 2nd. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.92%. Norfolk Souther Corporation’s dividend payout ratio is presently 38.36%.

In other news, COO Michael Joseph Wheeler sold 2,370 shares of the business’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $118.68, for a total value of $281,271.60. Following the completion of the sale, the chief operating officer now owns 13,492 shares in the company, valued at approximately $1,601,230.56. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Thomas E. Hurlbut sold 300 shares of the business’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $118.80, for a total transaction of $35,640.00. Following the completion of the sale, the vice president now owns 4,000 shares of the company’s stock, valued at approximately $475,200. The disclosure for this sale can be found here. Insiders have sold a total of 30,645 shares of company stock valued at $3,719,075 in the last quarter. 0.36% of the stock is currently owned by company insiders.

COPYRIGHT VIOLATION WARNING: “Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Norfolk Souther Corporation (NSC) Share Price” was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this report on another domain, it was stolen and republished in violation of U.S. and international copyright & trademark law. The original version of this report can be accessed at https://www.thecerbatgem.com/2017/11/11/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-norfolk-souther-corporation-nsc-share-price.html.

Norfolk Souther Corporation Company Profile

Norfolk Southern Corporation is a holding company engaged in the rail transportation business. As of December 31, 2016, the Company operated approximately 19,500 miles of road primarily in the East and Midwest. The Company is engaged in the rail transportation of raw materials, intermediate products and finished goods primarily in the Southeast, East and Midwest.

Insider Buying and Selling by Quarter for Norfolk Souther Corporation (NYSE:NSC)

Receive News & Stock Ratings for Norfolk Souther Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norfolk Souther Corporation and related stocks with our FREE daily email newsletter.