TradingView Key Takeaways Do you have a news tip for Investopedia reporters? Please email us at tips@investopedia.com Norfolk Southern cut costs and got an insurance payout that helped the railroad beat second-quarter earnings estimates. Revenue rose 2% to above $3 billion, led by a 4% rise on merchandise shipping revenue. The news lifted shares on Friday, returning them to positive territory in 2024. Norfolk Southern (NSC) shares soared Friday after the freight train operator posted better-than-expected pr ...

Norfolk Southern Corporation NSC shares are trading higher after the company reported second-quarter financial results yesterday, and several analysts revised their price target. On Thursday, the company reported railway operating revenue of $3 billion, up 2% Y/Y, and delivered adjusted earnings of $3.06 per share, beating analyst estimates of $2.86 per share. RBC Capital Markets analyst Walter Spracklin lowered the price target to $267 (from $270) and reiterated the Outperform rating. Building on John Orr ...

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 1. On the other hand, if they miss, the stock may move lower. Revenues are expected to be $6.27 billion, up 9.1% from the year-ago quarter. Earnings Whisper A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a ...

SOPA Images/LightRocket via Getty Images Given the current uncertain macroeconomic environment with high oil prices and elevated interest rates, could NSC face a similar situation as it did in 2021 and 2023 and underperform the S&P over the next 12 months – or will it see a recovery? From a valuation perspective, NSC stock looks like it has room for growth. We estimate Norfolk Southern's Valuation to be $263 per share, reflecting roughly 15% upside from its current levels of $230. This represents a 22x P/E ...

Norfolk Southern announced Tuesday a quarterly dividend of $1.35 per share on its common stock. The dividend is payable August 20, 2024, to shareholders of record on August 2, 2024. The company has paid a dividend on its common stock for 168 consecutive quarters since its formation in 1982. Crane today announced its regular quarterly dividend of $0.205 per share for the third quarter of 2024. The dividend is payable on September 11, 2024 to shareholders of record as of August 30, 2024. General Motors announ ...

The dividend is payable August 20, 2024, to shareholders of record on August 2, 2024. About Norfolk Southern ATLANTA, July 23, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced Tuesday a quarterly dividend of $1.35 per share on its common stock. SOURCE Norfolk Southern Corporation The company has paid a dividend on its common stock for 168 consecutive quarters since its formation in 1982. Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely mov ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------|-------------------------------------------------------------|-------|--------|-----------|-------|---------------|----------------|---------------|-----------------|--------------| | | Three Months Ended \nJune 30, 2024 \n(Dollars in thousands) | | \n2024 | March 31, | | June 30, 2023 | March 31, 2024 | % Change June | \nJune 30, 2023 | 30, 2024 vs. | | Noninterest-bearing deposits | $ 416,068 | | ...

Market participants will be closely following the financial results of Southern Co. in its upcoming release. The company plans to announce its earnings on August 1, 2024. The company's upcoming EPS is projected at $0.93, signifying a 17.72% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $6.26 billion, up 8.98% from the prior-year quarter. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, ...

CRED-IQ REXR's portfolio includes 422 properties covering approximately 49.7 million square feet located specifically in Greater Los Angeles and San Diego. In our past coverage of REXR, we have provided a deep dive into specific assets owned by the company, showing the diversity of the industrial sector. REXR owns large footprint distribution centers, smaller flex buildings, and even light R&D/biotech facilities through San Diego's Sorrento Valley research region. The limited geography means REXR's assets a ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------|------------|---------|----------|------------|---------|----------|------------|---------|----------| | | | | | | | | | | | | Subordinated debentures | 36,360 | 555 | 6.14 % | 36,333 | 557 | 6.15 % | 36,251 | 542 | 6.00 % | | Total interest-bearing liabilities | 3,090,110 | 31,018 | 4.04 % | 2,995,681 | 29,718 | 3.98 % | 2,769,511 | 23,861 | 3.46 % | | Noninterest-bearing liabilities | 731,843 | | ...