Market Update: Norfolk Southern Corporation (NYSE:NSC) – Norfolk Southern to present at 31st Annual BB&T Transportation Services Conference on Feb. 10

[PR Newswire] – NORFOLK, Va., Feb. 9, 2016 /PRNewswire/ — Norfolk Southern Corp. (NYSE: NSC) Executive Vice President and Chief Financial Officer Marta R. Stewart will make a presentation at the 31 st Annual BB&T Transportation … Read more on this. Norfolk Southern Corporation (NSC) , with a current market cap of $21.01B, opened at $69.70. Shares have traded today between $69.12 and $73.30 per share with the price of the stock fluctuating between $64.51 to $112.05 over the last 52 weeks. NSC shares are currently priced at 13.20x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 11.03x earnings multiple. The company pays shareholders $2.36 per share annually in dividends, yielding 3.36%. Consensus earnings for the current quarter by the 21 sell-side analysts covering the stock is an estimate of $0.95 per share, which would be $0.05 worse than the year-ago quarter and a $0.14 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $5.34 would be a $0.24 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.36 Billion. If realized, that would be a 8.17% decrease over the year-ago quarter. More recently, Avondale upgraded NSC from Mkt Underperform to Mkt Perform (Jan 28, 2016). Previously, Buckingham Research downgraded NSC from Buy to Neutral. When considering if the stock is under or overvalued, the average price target is $82.16, which is 17.88% above where the stock opened this morning. See more in (NYSE:NSC) Similar Articles: Market Update: Norfolk Southern Corporation (NYSE:NSC) – Canadian Pacific revises hostile bid for Norfolk Southern Market Update: Norfolk Southern Corporation (NYSE:NSC) – Norfolk Southern declares quarterly dividend Company Update: Norfolk Southern Corporation (NYSE:NSC) – Norfolk Southern restructures Triple Crown Services subsidiary