Is Norfolk Southern in financial trouble?
Is Norfolk Southern in financial trouble?
Based on the latest financial disclosure, Norfolk Southern Corp has a Probability Of Bankruptcy of 23.0%. This is 45.98% lower than that of the Industrials sector and 44.31% lower than that of the Railroads industry. The probability of bankruptcy for all United States stocks is 42.25% higher than that of the company.
Is Norfolk Southern a good stock to buy?
Norfolk Southern has received a consensus rating of Buy. The company’s average rating score is 2.52, and is based on 11 buy ratings, 7 hold ratings, and 2 sell ratings.
Who owns the most Norfolk Southern stock?
The Vanguard Group, Inc.
Top 10 Owners of Norfolk Southern Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 7.20% | 17,785,340 |
| JPMorgan Investment Management, I… | 5.54% | 13,672,780 |
| BlackRock Fund Advisors | 4.34% | 10,707,221 |
| SSgA Funds Management, Inc. | 4.30% | 10,606,568 |
Is Norfolk Southern stock going to split?
Norfolk Southern (NSC) has 2 splits in our Norfolk Southern stock split history database. The first split for NSC took place on April 07, 1987. This was a 3 for 1 split, meaning for each share of NSC owned pre-split, the shareholder now owned 3 shares….
| NSC Split History Table | |
|---|---|
| Date | Ratio |
| 10/10/1997 | 3 for 1 |
What is Norfolk Southern’s operating ratio?
Railway operating revenues of $2.6 billion increased 1%, or $14 million, compared with first-quarter 2020, driven primarily by a 3% increase in volume….Norfolk Southern reports first-quarter 2021 results.
| ($ in millions except per share amounts) | First Quarter 2020 | |
|---|---|---|
| Adjusted income from railway operations | $ | 953 |
| Operating ratio (%) | 78.4 |
What is CSX operating ratio?
(NASDAQ: CSX) today announced second quarter 2021 net earnings of $1,173 million, or $0.52 per share, compared to $499 million, or $0.22 per share in the same period last year. Second quarter 2021 operating ratio was 43.4% compared to 63.3% in the prior year period.
Is NSC a buy?
Out of 13 analysts, 5 (38.46%) are recommending NSC as a Strong Buy, 3 (23.08%) are recommending NSC as a Buy, 2 (15.38%) are recommending NSC as a Hold, 1 (7.69%) are recommending NSC as a Sell, and 2 (15.38%) are recommending NSC as a Strong Sell. What is NSC’s earnings growth forecast for 2021-2023?
Why is CSX stock going down?
Between 2017 and 2020, CSX’s revenues declined by about 7% from $11.4 billion in 2017 to $10.6 billion in 2020. This can largely be attributed to the impact of the pandemic on the overall railroad demand. In fact, the 2020 revenue of $10.6 billion reflect a 11% y-o-y drop.
How much do Norfolk Southern engineers make?
How much does an Engineer make at Norfolk Southern Corp in the United States? Average Norfolk Southern Corp Engineer yearly pay in the United States is approximately $87,709, which is 25% above the national average.
How many miles of track does Norfolk Southern have?
19,500 miles
Norfolk Southern owns and operates a network of 19,500 miles of rail lines east of the Mississippi River in 22 U.S. states and the District of Columbia. See our system map.
How many times has Union Pacific split?
According to our Union Pacific stock split history records, Union Pacific has had 5 splits.
Is CSX stock a buy or sell?
CSX has received a consensus rating of Buy. The company’s average rating score is 2.74, and is based on 18 buy ratings, 4 hold ratings, and 1 sell rating.
What’s the stock price of Norfolk Southern doing?
What’s Happening With Norfolk Southern Stock? Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. A SPAC, a couple of retailers and a railroad operator saw notable insider buying this past week. One chief executive officer added to two different stakes last week. Loading..
Who is the parent company of Norfolk Southern?
Rail Traffic Paints Dire Situation for Autos, Coal and Steel — and for Railroads! After a Fair Q1, Will CSX Stock Prevail Against COVID-19? Norfolk Southern Corp. is a transportation company, which owns a freight railroad.
Who is the vice president of Norfolk Southern?
Norfolk Southern (NYSE:NSC) announced today that Jason Morris has been named vice president labor relations. He will succeed Scott Weaver, who is retiring from the company after 32 years of service.
What does Norfolk Southern do for Hampton Roads?
Norfolk Southern (NYSE:NSC) announced today that the company is contributing $5 million to the Hampton Roads community on behalf of the many NS employees and retirees who call Hampton Roads home, and the many more who have lived and raised their families in the area over the years.