NYSE: NSC
Norfolk Southern Corporation
Industrials · Railroads
Market Cap
$67.32B
52w High
$326.00
52w Low
$251.62
P/E
25.27
Volume
513.66K
Outstanding Shares
224.59M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 18.55% over the last year. Revenue grew 0.6% over the trailing twelve months. Operating margin moved from 36.25% to 32.39%. Free cash flow grew 102.33% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 32.39%. A decisive move in revenue — currently up 0.6% — would be the clearest signal to resolve the ambiguity.
Company profile
Norfolk Southern Corporation (NSC), operating through its various subsidiaries, is a prominent rail transport provider in the United States.
Valuation
Stock splits
Every 1 shares became 3
Every 1 shares became 3
Every 1 shares became 3
Profitability & growth
Analyst consensus
21
Buy
24
Hold
3
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 4, 2026
Q3 FY26 · EPS est $3.14 · Revenue est $3.23B
View
Dividends
$5.40/shareQuarterlyDividend Achiever · 24yrSafeNSC pays a dividend with a 1.8% dividend yield, 24 consecutive years of growth, growing at 6.95% annually, covered 1.8× by free cash flow.
Dividend Yield
1.8%
Annual Div / Share
$5.40
5yr CAGR
+6.95%
Doubles every ~10.3yr
Payout Ratio
45.39%
Safe
Dividend Growth Rate
3yr CAGR
+1.4%
5yr CAGR
+6.95%
10yr CAGR
+8.63%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$2/mo
In 5 yrs
$2/mo
In 10 yrs
$3/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$18/yr $2/mo | $25/yr+40% $2/mo | $35/yr+96% $3/mo |
Yield-on-cost grows from 1.8% → 3.53% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
NSC has raised its dividend for 24 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 1.8× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 6.95% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.