Previous close | 239.34 |
Open | 241.81 |
Bid | 227.84 x 900 |
Ask | 241.23 x 900 |
Day's range | 239.93 - 244.12 |
52-week range | 183.09 - 263.66 |
Volume | |
Avg. volume | 1,316,682 |
Market cap | 54.276B |
Beta (5Y monthly) | 1.29 |
PE ratio (TTM) | 29.96 |
EPS (TTM) | 8.02 |
Earnings date | 24 Apr 2024 |
Forward dividend & yield | 5.40 (2.26%) |
Ex-dividend date | 01 Feb 2024 |
1y target est | 271.27 |
Norfolk Southern Corporation (NYSE: NSC) filed an investor presentation Thursday with the U.S. Securities and Exchange Commission and sent an accompanying letter to shareholders in connection with its Annual Meeting of Shareholders on May 9, 2024. The presentation and letter are available at www.VoteNorfolkSouthern.com and on the company's investor relations page.
Norfolk Southern's (NSC) Q1 bottom line is likely to have been hurt by high-labor costs following the recent labor negotiations.
A top federation of U.S. labor unions has urged Norfolk Southern shareholders to vote against Ancora's director candidates, arguing the hedge fund's plans for the railroad would compromise safety and improvements being considered. "Ancora's proposed strategy for Norfolk Southern is "not fit for purpose" and the election of Ancora's proposed directors will derail the safety and service improvements that are currently underway at Norfolk Southern," the American Federation of Labor and Congress of Industrial Organizations said in a letter. Ancora, in February, proposed the replacement of Norfolk Southern's top management, including its CEO, and nominated eight directors to the railroad operator's board in response to the company's negligence leading to a 2023 train derailment in East Palestine, Ohio.